The publication also dedicates individual chapters to various segments present in the market and the related sub-segments. In this study, our analysts provide historical revenues along with the estimated revenues for all the sectors. Sales of products and the evolution of end-users have also been inspected in this research report. The chapter on geographical analysis assesses the regional markets. It takes an in-depth view of the volatile socio-political conditions, weather fluctuations, and annual budgets of nations to determine their effect on the global 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.
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Key Players 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.
The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
Key Objectives of the Report:
- Analysis and estimation of the Air Purifier market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Air Purifier market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
North America is projected to expand at a CAGR of 10.2% over the forecast span, due to high buying power of shoppers, thereby increasing awareness concerning the prevalence of diverse diseases born due to unhealthy air.
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
- Others
- Applications Outlook (Revenue, USD Billion; 2017-2027)
- Commercial
- Residential
- Industrial
- Others
Regional Analysis of the Air Purifier Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- 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)
Market Overview:
The research report on the Air Purifier market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Air Purifier business sphere.
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