DataM Intelligence | Air Purifier MarketIn 2021, Asia Pacific controlled the global Air Purifier Market and registered for a decent revenue share of the global revenue, due to speedy development and industrialization, along with an increasing population with grown income of the individuals.Air Purifier Market Growth Outlook 2022-2029:
According to the research report published by DataM Intelligence, the global Air Purifier Market is projected to grow at a CAGR of 8.54% during the forecast period 2022-2029.
Air Purifier Market is projected to be driven by the increasing airborne diseases and rising pollution levels in developed countries. Furthermore, increasing health awareness doubled with the developing living standards, and increasing per capita income is projected to drive the growth of the market.
Growing consciousness about a healthy lifestyle has been donated to the raised sales of air purifiers over the globe. The increasing occurrence of diseases related to airborne doubled with the rising air pollution standards in the United States, which is expected to impact the growth of the market during the forecast period. Numerous governments are aiming for adoptable air pollution by presenting numerous strict rules and regulations for indoor air quality, which are expected to boost the market over the forecast period.
Numerous factors such as altering lifestyle, polluting indoor air quality, increasing health worriers, and rising consciousness amongst consumers regarding the benefit related to air purifiers is probably to boost the growth of the market during the forecast period.
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Regional Market Share Insights:
In 2021, Asia Pacific controlled the global market and registered for a decent revenue share of the global revenue, due to speedy development and industrialization, along with an increasing population with grown income of the individuals. Furthermore, increasing air pollution situations, majorly in states such as China, and India, are projected to surge the acceptance of air purifiers thereby complementing the growth of the regional market.
The North American market is projected to enhance its growth rate during the forecast period. Air quality policies such as implementing national ambient air quality standards by the United States.
The Asia Pacific is projected to control the market over the forecast period, with the popularity of the demand approaching from countries like India, China, and more.
Competitive Analysis and Major Companies Profiled:
The major players include Honeywell International Inc., Koninklijke Philips, Sunbeam Products Inc., Xiaomi Corporation, and Blueair (Unilever). Other key players in the market include Coway, Whirlpool Corporation, Americair Corporation, Sharp Corporation, and Dyson Technology Limited.
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Market Segmentation Analysis:
By End-User:
Residential
Commercial
Others
By Technology:
HEPA
Activated Carbon
Others
Geographical Classification:
North America
Europe
Latin America
Middle East and Africa
Asia Pacific
Rest of the world
The Full Report has the below insights.
- The report offers a comprehensive evaluation of the market in terms of Market Value (US$) and Y-o-Y Growth Rates (%). It does so via in-depth qualitative insights, historical data (2020-2021), and verifiable projections about market size during the forecast period (2022-2029).
- Visualize the composition of Air Purifier Market Segmentation By End User, By Technology, and Region, highlighting the key commercial assets and players.
- By End User
- Technology
- By Region
- Identify commercial opportunities in the Market by analyzing trends and co-development deals.
- The report also covers data insights on various industry forces such as porter's five forces, regulations in each country, reimbursement scenario, technological advancements, PEST analysis, and pricing analysis.
- Excel data sheet with thousands of Market-level 4/5 segmentation data points.
- PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
- Product mapping in excel for the key product of all major market players
- The report will provide access to approximately 50+ market data tables, 40+ figures, and close to 180 pages.
Additional Benefits Post Purchase:
- Unlimited Analyst support for a period of 1 year.
- Any query regarding the scope offered will be addressed within 24- 48 hours
- An excel sheet with market numbers will be provided separately
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