Lucintel Forecasts Canadian Residential Humidifier Market to Reach $XX Billion by 2027

According to the recent study the Canadian residential humidifier market is projected to reach an estimated $XX billion by 2027 from $XX billion in 2021, at a CAGR of 6.6% from 2021 to 2027. Growth in this market is primarily driven by growing adoption of humidifiers due to their effectiveness in improving respiratory and other health issues and increasing awareness to maintain healthy indoor environment.

Browse 42 figures / charts and 39 tables in this 101 -page report to understand trends, opportunities and forecast in Canadian residential humidifier market by product type (warm-mist, ultrasonic, cool-mist, and others), distribution channels (retail, wholesale, and online), and region (Central, Western, Atlantic, and Northern).

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“Retail market is expected to remain the largest segment during the forecast period.”

Based on distribution channel, the Canadian residential humidifier market is segmented into retail, wholesale, and online. Lucintel forecasts that the retail market is expected to remain the largest segment due to rising consumer preference for buying portable DIY appliances and discount offers along with ease to buy is driving the retail segment of the Canadian residential humidifier market.

“Within the Canadian residential humidifier market, the warm-mist segment is expected to remain the largest product type”

Based on product type the warm-mist segment is expected to witness the highest growth over the forecast period due to growing use of warm mist humidifiers to reduce dust and to treat colds and flus.

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Major players of Canadian residential humidifier market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Philips, Honeywell, Mitsubishi Heavy Industries, GeneralAire, and Condair are among the major Canadian residential humidifier providers. This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link or [email protected]

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