Air Purifiers Market Segments, Developments, Size, Analysis, Insights And Forecast To 2030

The Business Research Company’s Air Purifiers Market Report - Opportunities And Strategies - Global Forecast To 2030

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The global air purifiers market reached a value of nearly $1,559.8.0 million in 2019, having grown at a compound annual growth rate (CAGR) of 9.0% since 2015, and is expected to grow at a CAGR of 10.8% to nearly $2,350.8 million by 2023. The market is expected to nearly $2,886.0 million by 2025, and to $4,819.4 million by 2030.

The key drivers of the air purifiers market include:
The deteriorating quality of air in many regions globally has resulted in an increase in chronic diseases such as asthma, respiratory allergies, and heart and airway diseases.

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Air Purifiers Market Segmentation:-
By Technology
1. HEPA Filter
2. Activated Carbon
3. Others
The HEPA filter market was the largest segment of the air purifiers market by technology, accounting for $820.6 million or 52.6% of the total market in 2019 and is expected to be the fastest-growing segment going forward at a CAGR of 11.7%.

By Type
1. Fume & Smoke Collectors
2. Dust Collectors
3. Others
The fume & smoke collectors market was the largest segment of the air purifiers market by type, accounting for $775.9 million or 49.7% of the total market in 2019. The dust collectors market is expected to be the fastest-growing segment going forward at a CAGR of 13.6%.

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By Geography - The air purifiers market is segmented into
1.North America
2.Western Europe
3.Asia Pacific
4.Eastern Europe
5.South America
6.Middle East
7.Africa

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Some of the major key players involved in the air purifiers market are
1. LG Electronics Inc.,
2. Coway Co., Ltd.,
3. Daikin Industries, Ltd.,
4. Dyson Ltd.,
5. Whirlpool Corporation

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The Business Research Company has published over 1000 industry reports, 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.

This release was published on openPR.