Press release
Europe Air Purifier Market Share is Anticipated to Reach US$ 8.85 Billion by 2032
The market for air purifiers in Europe is predicted to expand at a CAGR of 7.1% over the course of the forecast period. By the end of 2032, it is projected that sales of air purifiers in Europe will rise from US$ 4.78 billion in 2022 to US$ 8.85 billion. As a result, it is predicted that the market would generate an absolute dollar potential of US$ 4.1 billion during the following ten years (2022-2032).Europe is seeing a rapid rise in the sales of air purifiers as consumers become more aware of the negative effects of breathing air that is polluted, dusty, smoke-filled, etc. Air purifier producers are also incorporating new technological features and focusing on product development to further boost market expansion in the subsequent years.
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Which Use Case Continues Driving Air Purifier Demand in Europe?
Under use case, the market is split into three subcategories: residential, commercial, and industrial. Residential air purifier use is anticipated to expand at a 7.9% CAGR in Europe, where it now holds a 52.5% market share. As people become more aware of the health risks that indoor air pollution poses, air purifiers are being used more frequently in residential settings.
Commercial and industrial air purifiers, which collectively make up 34.8% and 12.7% of the market, respectively, are anticipated to expand at respective CAGRs of 5.6% and 3.3% in the next years.
Key Companies Profiled
• Koninklijke Philips N.V.
• Panasonic UK & Ireland
• LG Electronics
• Sharp Electronics (U.K.)
• Dyson
• Unilever Plc
• Camfil
• Blueair
• ECOMESURE
• BIOTHYS
• Aerzen
In order to help market participants, make strategic decisions and strategically target both the domestic and international markets, the Europe Air Purifier market research examines the important issues relevant to the sectors, assesses the developing trends, gives essential insights.
A macroeconomic and corporate forecast of the Europe Air Purifier market is provided by the report. In this research, industry leaders offer recommendations that will get the market's players ready for a better tomorrow.
Key Highlights
• The study analyses the state of the latest worldwide Europe Air Purifier market.
• The paper investigates the pandemic scenarios that are most likely to have a long-term impact on the sector.
• The paper examines in great detail how the world market for Europe Air Purifier is changing.
• The research examines how the worldwide Europe Air Purifier market is changing, the target markets with the greatest prospects, and emerging trends that could directly or indirectly affect your organisation.
• The report identifies prospects as well as the main obstacles you may face in the near future.
A thorough analysis of the entire market is made possible by the inclusion of granular segmentation by end-use, category, function, and geographic region in the global Europe Air Purifier market report. Similarly, the existing and anticipated expansion of the Europe Air Purifier business affects the market share of publications.
The research also includes profiles of the Europe Air Purifier industry's goods, sales, returns, competitive landscape, market structure, industry drivers, and key business challenges. The study calculates the market's current growth rate, projected future growth, and the key drivers that will affect that growth in 2022. The research also anticipates sales for the years 2022 to 2032 and calculates the number of product sold from 2015 to 2020.
Europe Air Purifier Market: Segmentation
• Europe Air Purifier Market by Type :
o Self-contained/Standalone Air Purifiers
Fixed/Wall Mounted
Portable
o In-duct Air Purifiers
• Europe Air Purifier Market by Technology :
o HEPA Filters
o Activated Carbon Filters
o Ionic Filters
o Ultra-violet (UV) Technology
o Others
• Europe Air Purifier Market by Coverage Area :
o Up to 200 sq. ft.
o 201-300 sq. ft.
o 301-500 sq. ft.
o 501-800 sq. ft.
o 801-1200 sq. ft.
o Above 1200 sq. ft.
• Europe Air Purifier Market by Use Case :
o Residential Air Purifiers
o Commercial Air Purifiers
o Industrial Air Purifiers
• Europe Air Purifier Market by Sales Channel :
o Online Sales of Air Purifiers
Company/Brand Websites
e-Commerce Websites
o Offline Sales of Air Purifiers
Hypermarkets/Supermarkets
Specialty Stores
Others
• Europe Air Purifier Market by Country :
o Germany
o Italy
o France
o Spain
o U.K.
o Russia
o BENELUX
o Rest of Europe
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The key business strategies discussed in this market research revolve around-
• How key players in the Europe Air Purifier market are maintaining their competitive advantage in the wake of globalization?
• What changing dynamics in the Europe Air Purifier industry specify about the future opportunities for manufacturers?
• How Covid-19 pandemic affected sales in the Europe Air Purifier market and what strategies are expected to recover from its impact?
• What business tactics are gaining attention and influencing Europe Air Purifier market rivalry?
• What is the current Europe Air Purifier market share?
Check out more related studies published by Fact.MR Research:
https://www.newswire.co.kr/newsRead.php?no=944966
https://www.newswire.co.kr/newsRead.php?no=926337
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