The global Air Purifier Market is projected to reach USD 18.15 billion by 2027, according to a recent report by Emergen Research. The usage of air cleaners is growing across countries, significantly wherever pollution levels are extraordinarily high. Factors like the rise in industrial activities, rise in urbanization, increase in pollution because of high emission from factories, and social unit activities act as the key market drivers. APAC, Europe, and North America happen to be the major regions with a high demand for air filters.
The report also highlights lucrative opportunities in the market and offers strategic recommendations to new entrants and key players in the market to help them understand key investment opportunities and overcome industry barriers. The report is further attuned with the latest market scenario pertaining to the COVID-19 pandemic and its impact on the key segments of the Air Purifier market. The report considers the pandemic as a key influencing factor.
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Key Highlights From The Report
- Once lockdown restrictions due to covid-19 are eased, international air apparatus corporations is likely to consume existing inventory to address the hampered production and international trade, inspite of providing chain disruptions. Recovery within the residential sector is anticipated to be slow because of discretionary shopper payment and low pollution levels.
- Over the years and still now, air purifiers are thought of a luxury or manner artifact instead of a necessity by the plenty. a brief shift targeted towards business and institutional end-users, significantly hospitals, offices, and government buildings, is anticipated to assist recover the air apparatus business.
- HEPA emerged because the largest technology section in 2019 with a market share of 45.1%, due to improved potency of the technology once it involves dust mites, pollens, trappings dirt and different indoor allergens
Leading Companies of the Air Purifier Market and Profiled in the Report are:
Unilever PLC, LG Electronics, Inc., IQAir North America, Panasonic Corporation, Aerus LLC, Whirlpool Corporation, Hamilton Beach Brands, Inc., Daikin Industries, Ltd., Honeywell International, Inc. and Koninklijke Philips N.V.
Furthermore, the report segments Air Purifier market on the basis of product types and applications offered by the market to impart an easy understanding of the Air Purifier market operations and covers:
- Technology Outlook (Revenue, USD Billion; 2017-2027)
- High Efficiency Particulate Matter (HEPA)
- Activated Carbon
- Ionic Filters
- Applications Outlook (Revenue, USD Billion; 2017-2027)
The regional analysis covers in-depth assessment of production and consumption patterns, trends, supply and demand dynamics, investment and funding opportunities, revenue share and growth, CAGR, and presence of key players in each major region. The report also provides crucial data on macro- and micro-economic growth factors, regulatory framework, technological advancements, and economic growth in each region.
Regional Analysis of the Air Purifier Market Includes:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Furthermore, the report covers SWOT analysis and Porter’s Five Forces Analysis along with feasibility analysis and investment return analysis. The report explains the current market scenario through diagrams, pictures, charts, tables, and other pictorial representations.
Global Air Purifier Market Report - Table of Contents:
Chapter 1. Market Definition and Scope
Chapter 2. Executive Summary
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Regional Analysis
Chapter 6. Product Segmentation
Chapter 7. Application Spectrum
Chapter 8. End-user Landscape
Chapter 9. Competitive Landscape
Chapter 10. Appendix
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