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.
On the availability facet, since the imprisonment commenced globally, the air apparatus business was severely hampered. Retail and on-line sales came to a standstill because of the disruption on multiple fronts like logistics, on-line channels, and value chain. Getting used just for the delivery of essential things has caused a halt in residential sales, which made air equipment development corporations counting on business end-users to make demand throughout the amount.
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The report demonstrates the progress and advancement achieved by the global Air Purifier Market, including the historical analysis and progress through the forecast years. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals. The report provides an accurate estimation by applying SWOT analysis and Porter’s Five Forces analysis. The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market.
The global Air Purifier market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Air Purifier market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Some major companies in the global market report include 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.
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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)
Applications Outlook (Revenue, USD Billion; 2017-2027)
Global Air Purifier Market Geographical Landscape – Synopsis:
The report closely studies the growth trajectory of the global Air Purifier market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
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