Navigating Air Purifier Market Trends: USD 9.76 BILLION IN 2023 and Boasting a 11.2% CAGR Projections by 2030
MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Air Purifier Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Air Purifier Market: 2024-2030
The Global Air Purifier Market size is valued at around USD 9.76 billion in 2023 and is estimated to grow at a CAGR of about 11.2% during the forecast period, i.e., 2024-30.
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What are the primary factors driving the growth of the Air Purifier market?
Global Air Purifier Market Driver – Rising Demand for Air Purifiers as a Defence Against Airborne Diseases
The escalating prevalence of respiratory diseases linked to air pollution, such as asthma and allergies, has spurred a growing demand for air purifiers in both residential and commercial spaces. Heightened awareness of the health risks associated with airborne diseases has made people more proactive in safeguarding themselves from air pollutants & pathogens. This increased consciousness, particularly in urban areas, has led to a surge in the adoption of air purifiers as a pre-emptive measure to enhance indoor air quality and mitigate the risk of airborne illnesses.
Moreover, the global pandemic has played a pivotal role in amplifying concerns related to diseases, resulting in a significant uptick in the adoption of air purifiers as a preventive tool against pathogenic viruses, further accelerating the Air Purifier Market.
Air Purifier Market Segmentation:
The Air Purifier market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Filter Type
-High-Frequency Particulate Air (HEPA) filters
-Ionic filters
-Activated Carbon
-Electrostatic Precipitators
- High-Frequency Particulate Air (HEPA) filters acquired the largest share in the Global Air Purifier Market in the previous few years.
By Sales Channel
-Online Sales
-Offline Sales
By End Users
-Commercial
-Residential
-Industrial
-Institutional
Geographical Analysis into the Air Purifier Market:
- North America: US, Canada, Mexico
- Europe: Germany, The UK, France, Spain, Italy, Rest of Europe
- Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA
Read Detailed Index of full Research Study at – https://www.marknteladvisors.com/research-library/global-air-purifier-market.ht
Competitive Landscape and Air Purifier Market Share Analysis:
The competitive landscape of the Air Purifier market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Signify, Panasonic, Sharp Electronics, Daiken Industries, Blue Air, Honeywell International, LG Electronics, Whirlpool Corporation, Dyson Ltd., Samsung
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Air Purifier Market growth?
- How is the Air Purifier Market expected to grow over the next five years?
- What are the key insights into the current trends in the Air Purifier Market?
- What is the current size of the Air Purifier Market, and how is it projected to change in the future?
- What is the future outlook for the Air Purifier Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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