Air Purifier Market
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 latest study unravels the unfavorable impacts of the COVID-19 pandemic on the global Air Purifier business sector. According to our expert team, the corona virus outbreak has had an overwhelming impact on the global economic landscape, and consequently, on this business vertical. The pandemic is expected to contribute to the potential downturn of the Air Purifier industry substantially. Reportedly, this sector has been financially beleaguered since the COVID-19 lockdown restrictions were put into effect. Hence, the report highlights the financial obstacles that have slowed numerous businesses’ progress in this sector and disrupted the global supply chains.
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The global Air Purifier market report closely studies the functioning mechanisms of the key companies participating in the global market. These companies are said to be following a slew of business expansion strategies to reinforce their financial positions in this market. As per the report, these companies account for a major portion of the overall Air Purifier market share. Therefore, this section of the report emphasizes the principal strategic initiatives led by these companies, including mergers & acquisitions, joint ventures, new business deals, new product launches, collaborations, technological upgradation, and several others.
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.
Air Purifier Market Segmentation:
For the purpose of this report, Emergen Research has segmented into the global Air Purifier Market on the basis of technology, applications and region:
- Technology Outlook (Revenue, USD Billion; 2017-2027)
- High Efficiency Particulate Matter (HEPA)
- Activated Carbon
- Ionic Filters
- Applications Outlook (Revenue, USD Billion; 2017-2027)
Geographical Terrain of the Air Purifier Market:
- North America (the U.S., Canada, and Mexico)
- Europe (the U.K, Germany, France, Russia, and Italy)
- Asia Pacific (China, Japan, Korea, India, and Southeast Asia)
- Latin America (Brazil, Argentina, Colombia, etc.)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
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Key highlights of the report:
- The latest report performs an in-depth study of the potential opportunities and risks associated with the global Air Purifier market, alongside studying the recent innovations and major events.
- The report underlines the niche segments/regions that exhibit potential growth over the forecast timeframe.
- The report analyzes numerous business expansion strategies adopted by the contending companies in this market.
- A detailed synopsis of the market includes the rapidly changing market dynamics and accurate prediction of the current, historical, and forecast market sizes in terms of volume and value.
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Air Purifier Market Segmentation & Impact Analysis
4.1. Air Purifier Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
18.104.22.168. Rising health problems associated with air pollution
22.214.171.124. Increasing household spending
4.2.3. Market restraints analysis
126.96.36.199. Heavy adoption and maintenance costs
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
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