Press release
Air Purifiers Market Industry Analysis, Trends, Outlook and Opportunity up to 2030
The Business Research Company
The air purifiers market is expected to grow from $1.29 billion in 2019 to $1.55 billion in 2020 at a compound annual growth rate (CAGR) of 20.74%. The growth is mainly due to the COVID-19 outbreak that has led to increase in the demand of HEPA filters by consumers for personal use. The market is then expected to reach $1.86 billion in 2023 at CAGR of 6.13%.
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The air purifiers market consists of sales of air purifiers and related services for purification of the airborne toxins and particulate matter. The usage of air purifiers is to minimize the health risks associated with breathing air contaminated with pollen grains, harmful gases and emissions.
The high installation and maintenance costs of air purifiers is hindering the market growth. Individuals in urban cities in developing nations consider air purifiers as a luxury. Regular maintenance cost for air purifier also adds as an additional expense, which is for filter changes and cleaning of media filter because of continuous use. For instance, a home air purifier will cost up to $1,000 and the installation of an air purifier will be added extra over it.
Air Purifiers Market Segmentation: -
By Type
1. Dust Collectors
2. Fume & Smoke Collectors
3. Others
By End-User
1. Residential
2. Commercial
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Few Points From Table Of Content
1. Executive Summary
2. Air Purifiers Market Characteristics
3. Air Purifiers Market Size And Growth
4. Air Purifiers Market Segmentation
5. Air Purifiers Market Regional And Country Analysis
……
25. Air Purifiers Market Competitive Landscape
26. Key Mergers And Acquisitions In The Air Purifiers Market
27. Air Purifiers Market Trends And Strategies
28. Air Purifiers Market Future Outlook and Potential Analysis
29. Appendix
The report covers the trends and market dynamics of the air purifiers market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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Some of the key players involved in the air purifiers market are Honeywell International Inc., Whirlpool Corp, Sharp Corporation, Daikin Industries Ltd, LG Electronics Inc., Dyson Ltd, Panasonic, Xiaomi Corporation, Blue Air.
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The Business Research Company has published over 1000 industry rep orts, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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