Dehumidifier Rental Market

Dehumidifier Rental Market Growth Outlook (2023 to 2033)

Dehumidifier rental services demand is expanding and is poised to grow at a rate of 6.3% during the forecast period and reach a valuation of US$ 490.4 million in 2033 from US$ 266.2 million in 2023.

Dehumidifiers control excess humidity in a variety of conditions, preventing mold growth, wetness, and property damage. Dehumidifier rentals are less expensive than buying dehumidifiers, especially for temporary or seasonal demands. Rental services allow consumers to alter their dehumidification requirements based on changing conditions.

Report Attributes	Details
Dehumidifier Rental Market Size (2022A)	US$ 250.4 Million
Estimated Market Value (2023E)	US$ 266.2 Million
Forecast Market Value (2033F)	US$ 490.4 Million
Global Market Growth Rate (2023-2033)	6.3% CAGR
US Market Growth Rate (2023-2033)	6.6% CAGR
China Projected Market Value (2033F)	US$ 117.2 Million
Key Companies Profiled	Abberly Property Ltd Aggreko Andrews Sykes Group PLC Carrier HSS ProService Limited One Stop Hire Ltd Rainbow International Richfords Fire & Flood United Rentals, Inc.

Historic and Future Pathway Analysis for the Dehumidifier Rental Market

Dehumidifiers effectively prevent mold and mildew growth, protecting both health and property. Dehumidifiers safeguard sensitive goods like electronics and artwork from damage by removing excess humidity. They also help with allergies and asthma by reducing triggers like dust mites and mold spores.

Furthermore, dehumidifiers improve interior air quality by removing musty odors and making the environment more comfortable. They are critical in the repair procedure after flooding or water damage. Dehumidifiers are essential for managing humidity levels, protecting goods, boosting health, and creating a comfortable living or working environment.

• Short Term (2023-2026): Dehumidifiers aid in the maintenance of ideal humidity levels, which ensures product quality, extends shelf life, and ensures compliance with health and safety laws. The necessity to prevent moisture-related hazards such as mold growth and food spoiling will be driving the market during the assessment period.
• Medium Term (2026-2029): Growing demand from the regions experiencing high humidity levels due to their geographical location or seasonal variations creates a strong demand for dehumidifiers. Areas with hot and humid climates, coastal regions, or locations prone to flooding are typical target markets for dehumidifier rentals.
• Long Term (2029-2033): Events, exhibitions, conferences, and temporary storage facilities often require dehumidification for short periods. Renting dehumidifiers offers flexibility, and cost savings, and reduces the need for long-term investments thus supporting market growth in the long run.

On the back of the aforementioned facts, the dehumidifier rental market is expected to grow at a CAGR of 6.3% during the forecast period from 2023-2033, According to the Fact.MR, a market research and competitive intelligence provider.

Market share analysis of dehumidifier rental based on the type and region is provided in a nutshell in the above image. Under the type segment, the refrigerant (compressor) dehumidifiers sub-segment is expected to dominate with a 59.1% market share in 2023.

Market Dynamics Outlook

“Increase in the Demand for Dehumidifier Rental to Minimise the Food Wastage”

The growing demand for rental dehumidifiers to reduce food waste has a substantial impact on the rental industry. The demand for dehumidifiers has increased significantly as businesses in the food industry recognize the need of regulating humidity to protect the freshness and quality of perishable food items. This increase in demand has resulted in a growth of the dehumidifier rental business. Food storage facilities, grocery shops, restaurants, and other food-related enterprises are increasing their inquiries and bookings with rental firms.

Rental companies are extending their dehumidifier inventory and offering flexible rental plans customized to the unique demands of the food industry to meet this demand. This trend not only increases rental company revenue but also promotes sustainability by reducing food waste and helping to a more efficient and responsible food supply chain.

“Factors Restraining Dehumidifier Rental Market Growth”

Many heating, ventilation, and air conditioning (HVAC) systems now come equipped with built-in dehumidification capabilities. This integrated solution offers a convenient alternative to standalone dehumidifiers, especially for those already in need of HVAC upgrades or replacements.

Further, for more complex and large-scale applications, specialized companies offer humidity control services. These companies assess and address humidity issues on a case-by-case basis, providing tailored solutions that may not necessarily involve renting dehumidifiers, which in turn, restrain the growth of the dehumidifier rental market.

Country-wise Insights

What are the Factors Driving Dehumidifier Rental Demand Across the US?

The country's varied temperature and geographical variances result in various amounts of humidity, requiring adequate moisture control systems. Since the United States experiences natural calamities such as hurricanes, floods, and excessive rains which requires the use of dehumidifiers in disaster recovery activities. These tools are critical for drying out water-damaged properties and preventing mold growth.

The thriving construction industry fuels rental demand since contractors and builders require dehumidifiers to monitor moisture levels and hasten drying periods, ensuring material integrity and longevity. Also, dehumidifiers are significantly used in industries such as hospitality, food storage, and manufacturing to ensure optimal conditions for product quality, hygiene, and inventory preservation.

These factors all contribute to the continued strong demand for dehumidifier rentals in the United States, servicing a variety of industries and providing efficient moisture control solutions.

Hence, these growing industries in the USA project a high demand for dehumidifier rental services creating an absolute $ opportunity of US$ 48.9 million during the forecast period.

How does China contribute to the growth of the dehumidifier rental market?

Due to the large population and rising urbanization, China has high humidity levels in many areas. This climatic condition has resulted in a high demand for dehumidifiers, resulting in the development of a robust rental sector. Chinese manufacturers have taken advantage of this opportunity by developing a wide selection of low-cost dehumidifiers adapted to local requirements.

Furthermore, the government's emphasis on environmental sustainability and energy efficiency has pushed the development of rental models, which promote resource optimization and waste reduction. China's strong manufacturing capabilities, combined with favorable market conditions, have positioned the country as a major contributor to the dehumidifier rental market's rise.

Category-wise Insights

Why Refrigerant (Compressor) Dehumidifiers Type of Dehumidifier Gaining Traction?

Refrigerant (compressor) dehumidifiers have excellent moisture removal capabilities, making them ideal for vast spaces or regions with high humidity levels. Their powerful compressor-based system extracts moisture from the air quickly and efficiently, leading to better comfort and a lower danger of mold or mildew formation.

Furthermore, refrigerant dehumidifiers frequently include advanced features such as changeable humidity settings, automatic defrosting, and continuous draining choices, which improve convenience and user control. As public awareness of indoor air quality and the negative consequences of high humidity grows, the dependability and versatility of refrigerant dehumidifiers make them increasingly popular among both home and commercial users.

The refrigerant (compressor) dehumidifier type is estimated to account for a market share of 59.1% in 2023 and grow at a CAGR of 6.3% during the forecast period.

Why Demand for Dehumidifier is Growing in Medical Device Manufacturing?

The manufacturing and assembly of medical devices necessitate controlled settings with precise humidity levels. Excess moisture can degrade the integrity and function of sensitive equipment, resulting in product failures and possible risks. Dehumidifiers are essential for removing excess moisture from the air and providing appropriate humidity levels during the production process.

The medical industry's regulatory standards and quality control requirements have become increasingly severe. To meet regulatory rules and ensure the greatest product quality, manufacturers must adhere to precise humidity norms. Dehumidifiers offer a dependable option for obtaining and maintaining specified humidity levels, allowing for compliance with these stringent rules.

Furthermore, dehumidifiers help to improve workplace safety and efficiency. They assist prevent the growth of mold, germs, and other hazardous microbes by properly managing moisture, and creating a clean and hygienic manufacturing environment. As a result, the risk of contamination is reduced, and overall operational efficiency is improved, the demand for the dehumidifier increases and this demand is expected to support the dehumidifier rental market growth.

Eminent Player’s Key Stratagems

Prominent players operating in the global dehumidifier rental market are Abberly Property Ltd, Aggreko, Andrews Sykes Group PLC, Carrier, HSS ProService Limited, One Stop Hire Ltd, Rainbow International, Richfords Fire & Flood, and United Rentals, Inc.

Dehumidifier rentals are focusing on areas with high humidity and limited access to affordable dehumidifiers and establishing a significant market presence in the dehumidifier rental sector. They are providing flexible rental packages with affordable costs to attract customers.

Companies are forming alliances with property management businesses, hotels, and restoration services to ensure consistent demand. Increase in the use of digital marketing, focusing on internet platforms and social media to reach out to potential clients. Rental service providers are giving exceptional customer service and maintain a diverse inventory of quality dehumidifiers to retain consumers and develop loyalty.

Fact.MR has provided detailed information about the key rental service providers of dehumidifiers, their total fleet, service portfolio, and revenue growth, in the recently published report.

Segmentation of Dehumidifier Rental Industry Research

• By Type :

  • Refrigerant (Compressor) Dehumidifiers
  • Low-Grain Refrigerant (LGR) Dehumidifiers
  • Desiccant Dehumidifiers

• By Coverage Area :

  • Up to 5,000 sq. ft.
  • 5,000 - 7,500 sq. ft.
  • 7,500 - 10,000 sq. ft.
  • 10,000 - 20,000 sq. ft.
  • Above 20,000 sq. ft.

• By Application :

  • Automotive Manufacturing
  • Data Centers
  • Cleanrooms & Labs 
  • Pharmaceutical Manufacturing
  • Medical Device Manufacturing
  • Paper & Pulp Production
  • Printing Facilities
  • Textile Manufacturing
  • Woodworking Spaces
  • Metalworking Spaces
  • Packaging Facility
  • Greenhouse Facility
  • Wine Storage Space
  • Healthcare Facility
  • Paints & Coating Manufacturing
  • Others

• By Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • Middle East & Africa