March 23, 2022
As per the report titled ‘GLOBAL PORTABLE AIR PURIFIER MARKET 2019-2028’, available with MarketStudyReport, global portable air purifier market is anticipated to register a year-over-year growth rate of 9.12% during the analysis period 2019-2028.
Increasing air pollution and subsequent surge in cases of health disorders along with favorable government initiatives are the key factors driving global portable air purifier market growth. Besides, escalating demand for air filtration solutions in healthcare sector is boosting industry development.
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On the contrary, high operational costs of air purifiers, rising penetration of renewable energy sources have low to zero carbon emissions, and harmful by-products of certain air purifiers are negatively impacting the business dynamics, claims the study.
Based on filtration technology, the market is split into activated carbon filtration, high-efficiency particulate air filter (HEPA), and others. In terms of product type, the market is divided into fume & smoke purifier, soot & dust purifier, and others. Moving to distribution channel, the industry is fragmented into convenience stores, supermarkets, e-commerce, and others.
From a geographical perspective, global portable air purifier industry is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific presently captures a substantial portion of the industry share and will likely generate strong revenue in the forthcoming years. This has can ascribed to strong demand from China to address the alarming rise in pollution levels from rapid industrialization.
Increasing infrastructure development activities and spike in sfossil fuel utilization will continue to enhance the remuneration scope. Besides, rising purchasing capacity of consumers is anticipated to boost the regional market over the analysis period.
Samsung Electronics Co Ltd., Austin Air Systems Ltd., Coway Co. Ltd., Honeywell International Inc., Whirpool Corp., Sharp Corp., Philips International B.V., Panasonic Corp., Dyson Ltd., Daikin Industries Ltd., and Blueair Inc are the major players impacting the market dynamics.