Global Air Purifier Market Is Expected to Have an Attractive Gross Margin, Competitive Landscape and Key Players

The market is being driven by factors such as rising airborne diseases and rising consumer health consciousness. Due to the high installation and maintenance costs, air purifiers have been perceived as a luxury item in both underdeveloped and emerging economies, particularly in the commercial and residential segments. This, in turn, is expected to stifle the market's growth.
The high-efficiency particulate air technology is expected to dominate the market during the forecast period due to its critical applications in semiconductor, pharmaceutical, food and beverage manufacturing, medical, and other industrial facilities.

The market is primarily driven by rising levels of air pollution, the outbreak of the COVID-19 pandemic, and increased awareness of the benefits of air purifiers. Air purifiers help to eliminate various health risks associated with poor air quality by removing contaminants such as dust, smoke, and pollen. Furthermore, these products help people with asthma, airborne allergies, and other respiratory conditions. Thus, rising consumer health consciousness is expected to drive product demand over the forecast period.

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Several factors, including changing lifestyle preferences, deteriorating indoor air quality, rising health concerns, and increased consumer awareness of the benefits of air purifiers, are expected to drive market growth in the coming years. However, the high cost of air purifier adoption and maintenance is expected to limit their use.

HEPA filters' high quality and dependability in removing airborne particles are likely to drive product penetration in the global market. Activated carbon filters, also known as activated charcoal filters, are made up of small pieces of carbon in powdered blocks or granular form that have been specially treated with oxygen to open the pores of carbon atoms. This increases the surface area of the carbon and makes it porous, improving its ability to absorb airborne particles. These filters absorb gases and odours caused by cooking, mould, chemicals, pets, and smoke.

Global Air Purifier Market: By Key Players
• Sharp
• Philips
• Panasonic
• Daikin
• Coway
• YADU
• Electrolux
• Whirlpool
• Midea
• Blueair
• Samsung
• Austin
• Beiangtech
• Lexy

Global Air Purifier Market: By Types
• HEPA
• Activated Carbon
• UV Technology
• Ion and Ozone Generator

Global Air Purifier Market: By Applications
• Residential
• Commercial

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