DUBLIN--(BUSINESS WIRE)--The "Air Purifier Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
In-depth Analysis and Data-driven Insights on the Impact of COVID-19 Included in this Global Air Purifier Market Report
The global air purifier market size is expected to grow at a CAGR of over 42% during the period 2019-2025.
The global air purifier market is one of the growing segments in the electronic appliances industry. The usage of air cleaners is growing across countries, particularly where pollution levels are extremely high. Factors such as the increase in industrial activities, rise in urbanization, increase in air pollution due to high emission from factories, and household activities are the key market drivers. APAC, Europe, and North America are major regions with a high demand for air filters.
The market is expected to observe a surge in sales in various regions. The residential segment is expected to witness an increase in the market share during the forecast period. This is on account of the high demand for air purifiers in the household category. Innovations such as wearable and other portable and smart purifiers are expected to increase market penetration. The demand from countries such as China, India, South Korea, US, Germany, Mexico, and Russia is expected to grow. Standalone units with HEPA filters are expected to have a high share during the forecast period
The following factors are likely to contribute to the growth of the air purifier market during the forecast period:
- Wearable Air Purifiers
- Advancement in Air Purifier Technology
- Demand for Energy-efficient Air Purifiers
- Demand from High Altitude Cities
The study considers the present scenario of the air purifier market and its market dynamics for the period 2019-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.
Key Questions Answered
- What are the global air purifier market size and growth forecast?
- What are the factors impacting the growth of the air purifier market forecast?
- What is the leading region in the air purifier market?
- Who are the strategic market players and how are they driving the market growth?
- What is the impact of the COVID-19 pandemic on the market?
Market Dynamics
Opportunities & Trends
- Wearable Air Purifiers
- Advances In Technology
- Demand For Energy-Efficient Air Purifiers
Growth Enablers
- Demand In High Altitude Cities
- Increase In Urbanization
- Increasing Health Problems Associated With Air Pollution
Restraints
- Inbuilt Filters In Air Conditioning Systems
- Increase In Operational Cost
- Emission Of Ozone And Other Pollutants From Smart Air Purifiers
Prominent Vendors
- Blue Star
- Philips
- Whirlpool
- Midea
- Daikin
Other Prominent Vendors
- Rabbit Air
- Sharp
- A.O. Smith
- Blue Air
- Coway
- Honeywell
- Oransi
- IQ Air
- Samsung
- LG
- Eureka Forbes
- Camfil Group
- The 3M Company
- Aerus
- Air Pura
- Probreeze
- Homedics
- Boneco AG
- Guardian Technologies
- Winix
- Levoit
- Pure Enrichment
- Allerair
- GreenTech
- Novaerus
- Bionaire
For more information about this report visit https://www.researchandmarkets.com/r/rhucnb