Air Purifier Market Developments: How Sustainability is Influencing the Industry

[Aarti Ghodke]

Air Purifier  Market Overviews

An air purifier refers to a device that removes contaminating particles such as dust and pollen and filters domestic or industrial air. It is used to improve air quality and purify the air while limiting the spread of harmful residues. Air purifiers prevent various health issues caused by air pollution, such as neurological or respiratory problems.

 

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Air Purifier  Market Scope and Methodology:

Increasing airborne infections and pollution in urban areas and increased health awareness, improved living standards and increased disposable income are driving the air purifier market growth. Increasing adoption of air pollution control devices, especially in developing regions of the world, and Increasing awareness of healthy lifestyles, especially among young people in urban areas is expected to drive the market through the forecast period.

 

Air Purifier  Market Regional Insights

The Asia Pacific region dominated the market with a 41.6% share in 2023. Rapid urbanization and industrialization, and an increase in the high disposable income population. Increased smog and air pollution outbreaks, especially in countries such as India and China are increasing acceptance of air purifiers and complement the growth of the market. Urbanization, policy, and industrialization are some of the factors that have influenced the balance of South Korea's ecosystems and the deterioration of air quality. Increased awareness of health hazards and illnesses caused by exposure to harmful particles at work and home is driving the air purifier market growth.

 

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 Air Purifier  Market Segmentation

By Technology, HPEA dominated the market with a 41% share in Air Purifier Market. These are very effective and efficient in trapping airborne particles, including pollen dust and bio-containments. These factors are driving the growth of the segment in the market.

 

Air Purifier  Market Key Players

IQAir
Daikin
Honeywell International, Inc.
LG Electronics, Inc.
Unilever PLC
Koninklijke Philips N.V.

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Key questions answered in the Air Purifier  Market are:

• What is Air Purifier ?
• What was the Air Purifier market size in 2023?
• What is the growth rate of the Air Purifier Market?
• Which are the factors expected to drive the Air Purifier market growth?
• What are the different segments of the Air Purifier Market?
• What growth strategies are the players considering to increase their presence in Air Purifier ?
• What are the upcoming industry applications and trends for the Air Purifier Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Air Purifier Market?
• Who are the leading companies and what are their portfolios in Air Purifier Market?
• What segments are covered in the Air Purifier Market?
• Who are the key players in the Air Purifier market?

 

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2022)
• Past Pricing and price curve by region (2018 to 2022)
• Market Size, Share, Size & Forecast by Different Segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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