Air Purifier Market Size, Share and Forecast 2019-2026
Added: (Thu Sep 19 2019)
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Market Overview:
The Air Purifier Market is expected to grow at a CAGR of XX% to reach a market value of USD XX million by 2026.
An air purifier is a device that removes contaminants from the air and improves air quality. Air purifiers are also considered beneficial for people with allergies and asthmatics, and at reducing or eliminating second-hand tobacco smoke.
For instance, Classic 203 Slim by Blueair is a lightweight and portable residential air purifier. It has a compact fan design and huge filter surface, and delivers solid performance by removing allergy and asthma triggers.
Market Dynamics:
The global Air Purifier Market is primarily driven due to growing awareness about the adverse effects of air pollution on health. The World Health Organization (WHO) estimates more than Four million deaths worldwide every year are attributed to ambient air pollution. Air Purifier has some disadvantages such as the high initial and maintenance cost.
Market Segmentation:
By end-user, the global Air Purifier Market is segmented into residential, commercial, and others.
In 2018, the residential segment accounted for the highest market share, and is expected to dominate the market during the forecast period, due to increased demand for smart air purifiers in the residential sector.
By technology, the global Air Purifier Market is segmented into HEPA (High efficiency particulate air), Activated Carbon, and Others (UV Technology-Based Air Purifier Market, Negative Ion Air Purifier Market, and Ozone Air Purifier Market). HEPA technology is expected to dominate the global market throughout the forecast period. HEPA air filters are the most efficient type of air filter available.
Geographical Analysis:
By Geography, the market is segmented into, North America, Europe, South America, Asia Pacific, The Middle East and Africa
Competitive Analysis:
The major players include Honeywell International Inc., Koninklijke Philips, Sunbeam Products Inc., Xiaomi Corporation, and Blueair (Unilever).
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