Press release
Australia Air Purifiers Market to Reach $ 46 Million by 2025
Degrading air quality along with increasing awareness about health risks associated with it to drive Australia air purifiers marketAccording to TechSci Research report, “Australia Air Purifiers Market By Filter Type (HEPA, Ion & Ozone, Electrostatic Precipitators, HEPA +Activated Carbon, HEPA+ Activated Carbon + Ion Ozone and Others), By End Use (Residential, Commercial/Industrial), By Distribution Channel (Direct/Institutional Sales, Exclusive Brand Outlets, Multi-Branded Electronic Stores, Supermarkets/Hypermarkets and Online Channels), By Region, Competition Forecast and Opportunities, 2025”. Australia air purifier market was valued at $ 82.51 million in 2019 and is forecast to reach $ 46 million by 2025. Primary factors that are expected to boost market growth include increasing health risks due to frequent bushfire events across the country coupled with rising pollution levels on account of increasing industrialization. The air quality index in Australia is declining as per the recent studies conducted by various environmental organizations. Another major factor is increasing disposable income, as many consumers used to consider air purifier an expensive product a few years back. Moreover, as new players have entered the market, the prices have witnessed a declining trend due to surging competition in the market.
Browse more than 41 market data Figures and Tables spread through 103 Pages and an in-depth TOC on "Australia Air Purifiers Market"
https://www.techsciresearch.com/report/australia-air-purifiers-market/1709.html
New South Wales accounted for the largest market share in 2019, and the region is expected to continue its dominance in the coming years as well. Technological advancements are expected to remain the focus area for leading air purifiers player in the coming years. Recently, Sharp Corporation introduced the concept of IOT (Internet of Things) in its air solutions offerings in Australia. Daikin has also been rolling out new models of air purifiers with advanced air purifying technologies.
The associations and societies linked with the environmental health of the country have been encouraging use of eco-friendly products like the air purifiers at both residential and commercial places. The governmental organizations have also showed concern for the increase in 2.5PM particulate matter, leading to boosting adoption of air purifiers across the country.
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Leading players operating in Australia air purifier market include HoMedics Australia Pty. Ltd., Inovaair Australia Pty. Ltd., Philips Electronics Australia Limited, Blueair AB, Beurer GmbH, Winix Inc., Breville Group Limited, Daikin Australia Pty. Ltd., Sharp Corporation of Australia Pty. Ltd., and Andatech Pty. Ltd. Companies operating in the air purifier market are investing in technological advancements in order to obtain sound returns and maintain their share in the competitive market.
“Frequent bushfire incidents, introduction of technologically advanced air purifiers by leading players and increasing consumer awareness about effects of indoor air quality on human health are expected to boost sales of air purifiers in Australia in the coming years. Moreover, anticipated gradual decline in unit prices are expected to further boost adoption of air purifiers in the country over the course of next five years.”
“Australia Air Purifiers Market By Filter Type (HEPA, Ion & Ozone, Electrostatic Precipitators, HEPA +Activated Carbon, HEPA+ Activated Carbon + Ion Ozone and Others), By End Use (Residential, Commercial/Industrial), By Distribution Channel (Direct/Institutional Sales, Exclusive Brand Outlets, Multi-Branded Electronic Stores, Supermarkets/Hypermarkets and Online Channels), By Region, Competition Forecast and Opportunities, 2025” has evaluated the future growth potential of Australia air purifier market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Australia air purifier market.
Browse Related Reports
Global Air Purifier Market By Filter Type (HEPA & Activated Carbon, Ion & Ozone, Electrostatic Precipitators, HEPA & Others), By End User (Commercial, Residential & Industrial), By Region, Competition Forecast & Opportunities, 2013 – 2023
https://www.techsciresearch.com/report/global-air-purifier-market/3073.html#menu2
India Air Purifier Market By Filter Type (HEPA; Ion & Ozone; Electrostatic Precipitators; HEPA + Activated Carbon; HEPA + Activated Carbon + Ion Ozone; Activated Carbon and Others), By End User, Competition Forecast & Opportunities, 2013 – 2023
https://www.techsciresearch.com/report/india-air-purifier-market/3075.html
Indonesia Air Conditioners Market By Product Type (Light Commercial, Chillers, VRF, etc), By End Use Sector (Residential & Commercial/Industrial), By Distribution Channel, By Season, By Price Segment, Competition Forecast & Opportunities, 2013-2023
https://www.techsciresearch.com/report/indonesia-air-conditioners-market/3112.html
About TechSci Research
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