The global demand for Household Air Purifiers Market is presumed to reach the valuation of nearly USD XXX MN by 2026 from USD XXX MN in 2019 with a CAGR of X.XX% under the study period of 2020 - 2026.
Household Air Purifiers are enticing products available in the market that can improve the air quality of your home when you stay indoors. Generally, a purifier is used to filter the air in a single room from impurities like odour, smoke, dust and pet dander. The purifiers act like sanitizers and pick up the pollutants floating in the air. Using an air purifier is really beneficial for households with asthma patients and people sensitive to allergens. The factors to consider while selecting a purifier are the size of the room, kind of service expected, cost of replacement filters and energy efficiency. Beware of air purifiers producing ozone.
Rapid urbanization, rise in health consciousness population, poor air quality due to industrialization are some of that will fuel the market growth of air purifiers. Efforts by the government across the globe to regulate air pollution can help the market to grow substantially. Need for maintaining indoor air quality in commercials like hotels, offices, educational centres, movie theatres, shopping malls are expected to drive the segment growth. The increasing cost of raw materials, higher investment but low-profit margin are some barriers to market growth. In developed regions, there is a stagnant market for air purifiers and hence very little growth. Few other challenges include emission of toxic gases, rate of electrical consumption and frequency of filter replacement while using these purifiers in households.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of household air purifiers.
The entire household air purifiers market has been sub-categorized into types and applications. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
- Ion and Ozone Generators
- Electrostatic Precipitators
- Living room
This section covers regional segmentation which accentuates on current and future demand for household air purifiers market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Europe Household Air Purifiers Market By Revenue (USD MN)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the household air purifiers market include Jarden Consumer Solutions (Europe) Limited, AllerAir Industries, Inc., Daikin Industries, Ltd., LG Electronics Inc., Panasonic Corporation, IQAir, Austin Air, Blueair, Camfil AB, Whirlpool Corporation, Honeywell, Sharp. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers& acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.