The Global Portable Air Purifier Market Speculated to Garner $16054 Million by 2028

As per Triton's report, the global portable air purifier market procured $7319 million in 2019. It is further set to showcase growth at 9.12% of CAGR by 2028.

A recent study by Triton Market Research titled ‘Global Portable Air Purifier Market’ comprises the Global Analysis and Forecasts by Distributed Channel (Convenience Stores, Supermarkets, E-Commerce, Other Distribution Channel), Product Type (Fume & Smoke Purifier, Soot & Dust Purifier, Other Purifiers), Filtration Technology (Activated Carbon Filtration, High-Efficiency Particulate Air Filter (HEPA), Other Filtration Technologies), and by Geography (Middle East and Africa, North America, Latin America, Europe, Asia-Pacific).

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Triton Market Research’s report predicts the global portable air purifier market to register a CAGR of 9.12% during the projected period of 2019-2028, generation revenue growth worth $16054 million by 2028.

A portable air purifier is a system which assists in maintaining the air quality in an indoor atmosphere by eliminating pollutants such as soot & dust. Deploying such a system helps in diminishing the adverse effects of impurities on the environment and human health. It is suitable to be used in schools, hospitals, and hotel rooms.

Air pollution has adverse effects on most organs and systems of the human body, and can induce or aggravate cardiovascular diseases and ischemia heath disease. Moreover, it can have a negative impact on the nervous, digestive, and urinary systems. This alarming increase in air pollution, coupled with a rise in the occurrence of diseases, is expected to enhance the demand for air purifiers in the healthcare industry. Hence, the health disorders caused by air pollution are one of the main factors contributing to the growth of the market. Further, the government support and impact of low air quality on the economy are also directing the market’s progression.

However, the service life of the air filters is three to six months, which sometimes are expensive to replace. Moreover, some portable air purifiers have numerous filters that require regular maintenance and replacement. This high cost of filters is hampering the development of the studied market.

The portable air purifier market is branched into distributed channels, filtration technology, and product type. The distributed channel section is divided into convenience stores, supermarkets, e-commerce, and other distribution channels. Similarly, product type is distributed into fume & smoke purifier, soot & dust purifier, and other purifiers. Lastly, filtration technology is separated into activated carbon filtration, high-efficiency particulate air filter (HEPA), and other filtration technologies.

Asia-Pacific is expected to hold the highest share in the global portable air purifier market over the coming years. This region’s market’s growth is attributable to the surge in the infrastructural developments and the rising usage of fossil fuels hampering air quality. Further, the industrial developments and growth in the purchasing power of the consumers are also increasing the demand for portable air purifiers in the region. Additionally, many private and government institutes are striving to identify how to manufacture air purifiers with advanced filter technologies to restrict the emission of air contaminants. This indicates positive growth in the market during the estimated years.

Whirlpool Corporation, Honeywell International Inc, Philips International BV, Austin Air Systems Limited, Dyson Limited, Daikin Industries Ltd, Panasonic Corporation, Blueair Inc, Sharp Corporation, Coway Co Ltd, and Samsung Electronics Co Ltd are the major establishments in this market.

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Question & Answer: Portable Air Purifier Market

Question 1: What elements are contributing to the portable air purifier market’s growth?
Answer: Air pollution has adverse effects on most organs and systems of the human body, and can induce or aggravate cardiovascular diseases and ischemia heath disease. Moreover, it can have a negative impact on the nervous, digestive, and urinary systems. This alarming increase in air pollution, coupled with a rise in the occurrence of diseases, is expected to enhance the demand for air purifiers in the healthcare industry. Hence, the health disorders caused by air pollution are one of the main factors contributing to the growth of the market. Further, the government support and impact of low air quality on the economy are also directing the market’s progression.

Question 2: What factors are hampering the growth of the portable air purifier market?
Answer: The service life of the air filters is three to six months, which sometimes are expensive to replace. Moreover, some portable air purifiers have numerous filters that require regular maintenance and replacement. This high cost of filters is hampering the development of the studied market.

Question 3: Which region is dictating the portable air purifier market?
Answer: Asia-Pacific is expected to hold the highest share in the global portable air purifier market over the coming years. This region’s market’s growth is attributable to the surge in the infrastructural developments and the rising usage of fossil fuels hampering air quality. Further, the industrial developments and growth in the purchasing power of the consumers are also increasing the demand for portable air purifiers in the region. Additionally, many private and government institutes are striving to identify how to manufacture air purifiers with advanced filter technologies to restrict the emission of air contaminants. This indicates positive growth in the market during the estimated years.

Question 4: Which are the key organizations present in the virtual power plant market?
Answer: Whirlpool Corporation, Honeywell International Inc, Philips International BV, Austin Air Systems Limited, Dyson Limited, Daikin Industries Ltd, Panasonic Corporation, Blueair Inc, Sharp Corporation, Coway Co Ltd, and Samsung Electronics Co Ltd are the major establishments in this market.

Related Report:
Global Water Quality Monitoring Market

The global water quality monitoring market is likely to display growth in its revenue throughout 2019-2027 at a CAGR of 6.01%, generating revenue worth $5125.89 million by 2027.

A water quality monitoring system collects and analyzes data connected to the measured parameters of a water body. It is responsible for measuring a water body’s characteristics in relation to human health and ecological conditions. The water quality monitoring systems assist in sampling and analyzing water quality for efficient operations in industries such as life sciences, pharmaceuticals, and food & beverage. The increase in the need to monitor and examine water to discard pollutants is one factor that is increasing the demand for water quality monitoring systems globally.

The upscale in industrial waste being released into water bodies, surge in generation of water-related viruses, and strict regulations in numerous countries are primarily driving the market’s progression. However, the high cost levied on water quality monitoring systems and the lack of knowledge in many regions are hampering the studied market’s growth.

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