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The Worldwide Air Purifier Industry is Expected to Grow at a CAGR of over 12% During 2020 to 2026 - ResearchAndMarkets.com

·4 min read

DUBLIN, Jun 14, 2021--(BUSINESS WIRE)--The "Air Purifier Market - Global Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

The air purifier market size is expected to grow at a CAGR of over 12% during 2020-2026.

The increase in consumer awareness towards the health impact drives the growth of the global air purifier market. Air filters are one of the growing markets across the globe. Around 4.2 million people die due to the presence of impurities in the air. To control air pollution, the adoption of air filters is higher in regions such as APAC, Europe, and North America. Manufacturers are focusing on various marketing strategies to increase sales in the global air purifier market.

The manufacturers need to maintain a good relationship with the retailers to sustain in the competition. The changing lifestyle among the population is fueling the demand for wearable products. These products are available in China, the UK, Canada, and others and are available in many shapes such as helmets, masks, headphones, and cycle helmets. In 2020, Dyson launched wearable air purifiers in the shape of headphones.

The following factors are likely to contribute to the growth of the global air purifier market during the forecast period:

  • Increase in Urbanization

  • Rising demand for smart air purifiers

  • Rising application of wearable air purifiers

  • Significant rise in health problems associated with air pollution

The report considers the present scenario of the global air purifier market and its market dynamics for the period 2020?2026. It covers a detailed overview of several market growth enablers, restraints, and trends.

The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.

The Air purifier market research report includes a detailed segmentation by application, technology, distribution channel, CADR, geography. As per Arizton's research, it is estimated that the Indian Government spends around USD 4 million to buy air purifiers. Government sectors in the COVID-19 pandemic are still operating from offices, positively impacting the growth global air purifier market growth. These filters are increasingly finding their applications in public libraries, town halls, exhibition centers, and other civic bodies. All ministers have installed air filters in various offices due to COVID-19 in various countries such as India, the US, China, and others. Hundreds of thousands of air filtration devices are installed throughout the world in government offices during COVID-19.

Manufacturers are experiencing high demand for iconic air purifiers due to low operational cost and other features such as low noise. All regions are expected to witness healthy demand for iconic technology filters in the upcoming years. In 2018, China manufactured Bluetooth speakers with iconic purification technology for hotels. Ionizers are highly effective in industrial sectors as they produce low noise and are efficient in removing particles, causing asthma and other allergies.

The increasing trend of e-commerce activities is encouraging customers to purchase through online channels. Online platforms, such as Amazon, Flipkart, and online websites of companies, increase their online sales by giving discounts and other services free of cost. Companies have witnessed high growth in online sales since the pandemic started. Sales via online channels are expected to have high demand in the future. Offline stores are shifting to e-commerce to expand their presence in the global market.

Key Questions Answered

1. How big is the air purifier market?

2. What is the air purifier market growth?

3. Which segment accounted for the largest air purifier market share?

4. How big is the U.S. air purifier market?

5. Which are the top industry players in the global air purifier market?

6. What are the key trends in the Smart air purifier market?

Market Dynamics

Opportunities & Trends

  • Growing Demand for Wearable Air Purifiers

  • Increasing Technological Advancements

  • Demand for Energy-Efficient Air Purifiers

Growth Enablers

  • Growth in Urbanization

  • Increasing Health Problems Associated With Air Pollution

  • Demand for Smart Air Purifiers

Restraints

  • Inbuilt Filters In Air Conditioning Systems

  • Increase In Operational Cost

  • Emission Of Ozone & Other Pollutants

Major Vendors

  • Blue Star

  • Philips

  • Whirlpool

  • Midea Group

  • Daikin

  • Dyson

Other Prominent Vendors

  • Rabbit Air

  • Sharp

  • A.O. Smith

  • Unilever

  • Coway

  • Honeywell

  • Oransi

  • IQAIR

  • Samsung

  • LG

  • Eureka Forbes

  • Camfil

  • 3M

  • Aerus

  • Airpura

  • Pro Breeze

  • Homedics

  • Boneco

  • Lasko

  • Winix

  • Levoit

  • Pure Enrichment

  • Allerair

  • Greentech

  • Novaerus

  • Bionaire

  • Vesync

  • Molekule

  • Kent RO

For more information about this report visit https://www.researchandmarkets.com/r/qiw2rv

View source version on businesswire.com: https://www.businesswire.com/news/home/20210614005396/en/

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