Press release
Rising Pollution Anticipated to Propel Demand for Air Purifiers at a CAGR of Over 10% through 2031
This revised analysis by skilled analysts at Persistence Market Research states that the air purifier market was valued at US$ 11 Bn in 2020 and is predicted to surge at a CAGR of 10.1% over the next ten years. Rise in pollution levels across the world has created demand for air purifiers like never before. Urbanization has paced up in developing and emerging economies, and this has substantially increased pollution. Air quality has dropped substantially due to climate change and pollution. Prevalence of respiratory disorders has also spawned the need for air purifying technologies. All of these factors are in favor of increasing demand for air purifiers.To remain 'ahead' of your competitors, request for a samples@ https://www.persistencemarketresearch.com/samples/32235
High cost of purchase and maintenance is expected to be one of the major factors hindering growth of the air purifier marketplace. However, high-efficiency particulate air filter technology and carbon filter technology are expected to gain popularity over the next ten years.
Prime market players are focusing on developing cost-effective air purifiers to target untapped markets with less spending potential.
In September 2021, Realme a Chinese smartphone manufacturer, announced the launch of new air purifiers in India. Realme Techlife products were announced via an online launch. The air purifier comes with a high CADR of 330m3/h.
On September 20, 2021, Xiaomi unveiled a new air purifier in China with a unique design.
Key Takeaways from Market Study
The global air purifier industry is expected to expand at a CAGR of 10.1% over the next ten years.
The market for air purifiers in East Asia is expected to have a dominant outlook over the forecast period.
Sales forecast for air purifiers through 2031 is predicted to be US$ 29 Bn.
Increasing levels of pollution, rising prevalence of respiratory disorders, and increasing disposable income in emerging economies are driving market expansion.
Download TOC, list of figures & tables@https://www.persistencemarketresearch.com/market-research/air-purifier-market/toc
Competitive Landscape
The global market for air purifiers is highly competitive and does not have many dominant players, which makes it a very lucrative market for new entrants as well.
Some of the key market players included in the report are Honeywell International Inc., Whirlpool Corporation, Alen Corporation, AllerAir Industries Inc., Koninklijke Philips N.V., Dyson Limited, Unilever plc, The Camfil Group, IQ Air, WINIX Co. Ltd., Sharp Corporation, Daikin Industries Ltd., Samsung Electronics Co. Ltd., LG Electronics Inc., Xiaomi Corporation, HSIL Limited, Panasonic Corporation, Kent RO Systems, and others.
The above are identified as key manufacturers of air purifiers. These market participants are focusing on research & development of new air purifiers that would be more cost-effective and affordable for purchase as well as maintenance.
For in-depth competitive analysis, buy now@ https://www.persistencemarketresearch.com/checkout/32235
Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Rising Pollution Anticipated to Propel Demand for Air Purifiers at a CAGR of Over 10% through 2031 here
News-ID: 2611572 • Views: …
More Releases from Persistence Market Research
IBC Rental Business Market Size Expected to Reach US$2.8 Billion by 2033 - Persi …
The IBC rental business market has emerged as a critical component of modern industrial logistics and packaging ecosystems, driven by the growing need for flexible cost efficient and sustainable bulk liquid and semi liquid handling solutions. Intermediate Bulk Containers are widely used for transporting and storing chemicals food ingredients pharmaceuticals and industrial liquids due to their standardized design durability and safety advantages. Renting IBCs rather than owning them has gained…
Rugged Cases Market Size to Reach US$1,371.1 Million by 2033 - Persistence Marke …
The rugged cases market has evolved into a critical segment within the broader protective packaging and equipment accessories industry, driven by the growing need to safeguard high value devices and sensitive equipment in harsh operating environments. Rugged cases are specifically engineered to provide superior protection against physical shocks vibration moisture dust and extreme temperatures. These cases are widely used across consumer electronics industrial equipment medical devices logistics military and government…
Magnetic Closure Boxes Market Forecast Shows Growth from US$1.1 Billion in 2026 …
The magnetic closure boxes market has emerged as a high value segment within the global rigid and premium packaging industry, driven by changing consumer expectations and brand strategies. Magnetic closure boxes are widely recognized for their premium aesthetics durability and reusability, making them a preferred packaging choice for luxury goods cosmetics electronics corporate gifting and high end retail products. These boxes combine rigid board construction with concealed magnetic mechanisms that…
Cold Chain Market to Reach US$ 919.9 Bn by 2032 as Key Players Lineage Logistics …
The cold chain market plays a critical role in maintaining the quality, safety, and efficacy of temperature-sensitive products across global supply chains. It encompasses a wide range of logistics solutions, including refrigerated storage, temperature-controlled transportation, monitoring systems, and handling infrastructure. Industries such as food and beverages, pharmaceuticals, biotechnology, and chemicals heavily rely on cold chain systems to prevent spoilage, contamination, and loss of product integrity. As global trade expands and…
More Releases for Corporation
Endotherapy Devices Market Key Players: Hoya Corporation, Olympus Corporation, S …
A fresh report titled “Endotherapy Devices Market” has been presented by KD market insights. It evaluates the key market trends, advantages, and factors that are pushing the overall growth of the market. The report also analyzes the different segments along with major geographies that have more demand for Endotherapy Devices Market. The competition analysis is also a major part of the report.
The global endotherapy devices market is projected to reach…
Digital Living Room Market 2017-2025 | Samsung Corporation, Sharp Corporation, B …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
Global Healthcare Clinical Analytics Market to 2022| IBM Corporation, Cerner Cor …
Albany, NY, 3rd December : Recent research and the current scenario as well as future market potential of "Global Market Study on Healthcare Clinical Analytics: North America to be the Most Lucrative Market During the Assessment Period (2017 - 2022)" globally.
Introduction
Persistence Market Research delivers yet another unbiased, comprehensive and insightful report titled ‘Healthcare Clinical Analytics Market: Global Industry Analysis (2012-2016) and Forecast (2017-2022)’.
Get PDF for more Professional and Technical insights…
Endotherapy Devices Market Key Players : Hoya Corporation, Olympus Corporation, …
Endoscopy Devices Market is performed to examine abdominal pain, ulcers, digestive tract bleeding, and abnormal growths in the colon and other abdominal & gastrointestinal (GI) conditions. The minimally invasiveness of this procedure with fewer post operation complications makes it one of the most preferred and sought-after procedures in diagnostics and surgeries. The global endotherapy devices market is projected reach $5,015 million by 2024 from $3,369.0 million in 2017, growing at…
Endoscopy Devices Market Share with Olympus Corporation, HOYA Corporation, Fujif …
Endoscopy Devices Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $40,854 million by 2022 from $27,273 million in 2015, registering a CAGR of 5.7% during the period 2016 to 2022. The flexible endoscopes are expected to dominate the global endoscopy devices market. North America is projected to continue its lead, accounting for more than one-third share of the global endoscopy devices market…
Digital Living Room Market 2017 - 2025 : Sharp Corporation, BenQ Corporation, So …
Global Digital Living Room Market: Snapshot
The living room gadgets in the early 1980s were predominantly televisions. Today, living rooms have evolved into a place with a number of devices thanks to inventions and evolution of the consumer electronics industry. Following this, researchers are focused on bridging the gaps between different devices in the living room by means of connected living rooms. This involves connecting the array of primary and secondary…
