Aarkstore Enterprise announced Latest Trending Market Research Report Titled “Global Air Purifier Market (2018-2023)” under Consumer Goods Category. The global air purifier market is expected to reach approximately USD 6.18 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 5.2% during 2018-2023.
Increasing concerns regarding poor indoor air quality (IAQ) and growing ailments associated with air pollution are responsible for driving the demand for air purification systems. The global air purifier market is expected to reach approximately USD 6.18 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 5.2% during 2018-2023.
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Filter type segment insights:
Based on filter type, the market has been segregated into high-efficiency particulate air (HEPA) filters, ionic filters, and activated carbon and electrostatic precipitators. The HEPA filters segment dominated the residential air purifiers market in 2018 and is expected to remain dominant over the forecast period. HEPA filters in residential air purifiers help trap air pollutants and aid in providing relief from allergens. Activated carbon is the other crucial market segment, accounting for more than a quarter of the global share in 2018. Electrostatic precipitator and ionic filters account for 37% of the global air purifier market, showing moderate growth during the forecast period.
Regional insights:
The rise in the adoption of residential air purifiers in countries such as Brazil, China, and India, has increased the demand for residential air purifiers globally, owing to the amount of indoor pollution. Asia-Pacific (APAC) accounted for the majority of the market share for residential air purifiers in 2018, and the region is expected to remain a significant revenue contributor over the forecast period. China and India lead the market due to the increased adoption of residential air purifiers, along with the growing urban population share in the APAC region. In the Americas, the increase in the adoption of air purifiers equipped with a HEPA-based filter system to eliminate smoke and dust from the air indoors is helping maintain the market’s growth momentum. The Middle East and Africa (MEA) are slated to be one of the fast-growing regions over the estimated period of time as it continues to invest in infrastructure and other construction activities. Europe accounts for a steady demand for air purifiers due to the increasing awareness regarding its health benefits.
Companies covered:
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Aarkstore curates global market research reports from various industry verticals and serves businesses worldwide. As market research report resellers, we at Aarkstore, partner with established publishers for both; syndicated data and customized reports. The market research data supplied by us is up-to-date and reliable for current day industry analysis and future market forecasts equally.
Avail Market Research Reports from us and gathers critical information about customer preferences, market requirements, key drivers and challenges for your business to align your strategies with them. The comprehensive overview of the market provided will allow you to make insight-driven decisions giving you an upper hand in the competitive landscape.
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Increasing concerns regarding poor indoor air quality (IAQ) and growing ailments associated with air pollution are responsible for driving the demand for air purification systems. The global air purifier market is expected to reach approximately USD 6.18 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 5.2% during 2018-2023.
To Get a Free Report Sample, Kindly Contact Us On: contact@aarkstore.com
Filter type segment insights:
Based on filter type, the market has been segregated into high-efficiency particulate air (HEPA) filters, ionic filters, and activated carbon and electrostatic precipitators. The HEPA filters segment dominated the residential air purifiers market in 2018 and is expected to remain dominant over the forecast period. HEPA filters in residential air purifiers help trap air pollutants and aid in providing relief from allergens. Activated carbon is the other crucial market segment, accounting for more than a quarter of the global share in 2018. Electrostatic precipitator and ionic filters account for 37% of the global air purifier market, showing moderate growth during the forecast period.
Regional insights:
The rise in the adoption of residential air purifiers in countries such as Brazil, China, and India, has increased the demand for residential air purifiers globally, owing to the amount of indoor pollution. Asia-Pacific (APAC) accounted for the majority of the market share for residential air purifiers in 2018, and the region is expected to remain a significant revenue contributor over the forecast period. China and India lead the market due to the increased adoption of residential air purifiers, along with the growing urban population share in the APAC region. In the Americas, the increase in the adoption of air purifiers equipped with a HEPA-based filter system to eliminate smoke and dust from the air indoors is helping maintain the market’s growth momentum. The Middle East and Africa (MEA) are slated to be one of the fast-growing regions over the estimated period of time as it continues to invest in infrastructure and other construction activities. Europe accounts for a steady demand for air purifiers due to the increasing awareness regarding its health benefits.
Companies covered:
- Sharp Corporation
- Panasonic
- Honeywell International
- Coway Co. Ltd.
- Daikin
- Samsung Electronics Co., Ltd.
- Whirlpool Corporation
- L.G. Electronics
View Full Market Research Reports on Market: https://www.aarkstore.com/consumer-goods/1323650/global-air-purifier-market-2018-2023
About Aarkstore Enterprise
Aarkstore curates global market research reports from various industry verticals and serves businesses worldwide. As market research report resellers, we at Aarkstore, partner with established publishers for both; syndicated data and customized reports. The market research data supplied by us is up-to-date and reliable for current day industry analysis and future market forecasts equally.
Avail Market Research Reports from us and gathers critical information about customer preferences, market requirements, key drivers and challenges for your business to align your strategies with them. The comprehensive overview of the market provided will allow you to make insight-driven decisions giving you an upper hand in the competitive landscape.
Contact Us:
Aarkstore Enterprise
+91 9987295242 | contact@aarkstore.com | www.aarkstore.com
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