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Press Release Description

Rising Level of Air Pollutants Accelerating the Growth of Global Air Purifier Market

According to MarkNtel Advisors research report titledGlobal Air Purifier Market Analysis, 2020”, the air purifier market is projected to grow at a CAGR of around 11% during 2020-25. The growth of air purifier market in the Asia Pacific due to increasing electricity generation from coal which is surging the level of air pollutants in the countries. Therefore, this is projected to increase the demand for air purifiers in the Asia Pacific region.
The global air purifier industry is growing at a robust rate on account of rising level of air pollutants in the atmosphere and significant inclination of the customers toward the adoption of smart air purifiers which are more energy-efficient and can be controlled by smartphones, tablets, and remotes. In addition, smart purifiers with HEPA filters are largely adopted in the healthcare industry as these filters scrutinize the air quality and recirculate air within the desired area after purification. Also, these filters are extremely competent in eliminating airborne particles, germs, and viruses from indoor air.

Increasing government initiatives regarding improving air quality is one of the major factors driving the demand for air purifiers. In 2019, the government in South Korea revised the school health act and mandated the installation of air purifiers and air quality systems in the schools.

Global Air Purifier Market Analysis, 2020” provides comprehensive qualitative and quantitative insights on the market potential, regional opportunities, key factors impacting sales and purchase decision, hotspots and growth opportunities available for air purifier firms across the globe. Moreover, the report also encompasses the key strategic imperatives for success for competitors along with strategic factorial indexing measuring competitor's capabilities on 16 parameters. This will help companies in the competition assessment, formulation of Go to Market Strategies and identifying the blue ocean for their offerings. 

As per MarkNtel Advisors’ study, offline sales captured the highest market share in the Global air purifier market in 2019. However, with the increased inclination of customers towards online buying on account of lower prices and discounts offered coupled with convenience in shopping is anticipated to positively impact the growth of Global air purifier market. Moreover, the surging internet penetration rate in various countries is projected to boost the sale of air purifiers from online platform.

Industry Segmentation:

  1. By Filter Type (High-Frequency Particulate Air (HEPA) filters, Ionic filters, Activated carbon, and Electrostatic Precipitators)
  2. By Sales Channel (Online sales, Offline sales)
  3. By End Users (Commercial, Residential, Industrial, Institutional)
  4. By Geographic Region (North America, South America, Europe, Middle East, Africa, Asia Pacific)
  5. By Country (The U.S, Canada, Mexico, Brazil, Argentina, The U.K, Germany, France, Scandinavia, Saudi Arabia, UAE, South Africa, China, Japan, South Korea)
  6. By Competitors (Philips, Panasonic, Sharp, Daikin, LG, Honeywell, Others)  

Key questions answered in the study:

  1. What are the current and future trends of the Global air purifier market? 
  2. How the industry has been evolving in terms of end-user demand and application areas?
  3. What are the future plans and customer expectations of end-users across the country? 
  4. How the competition has been shaping across the countries followed by their comparative factorial indexing?
  5. What are the key growth drivers and challenges for the Global air purifier market?
  6. What are the customer orientation, purchase behavior, and expectations from the air purifier companies across various regions?

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