Air Purifiers Market - Top Vendors Analysis, Market Challenges and Geographical Analysis
Category: #business  By Rahul Varpe  Date: 2022-07-25
  • share
  • Twitter
  • Facebook
  • LinkedIn
Air Purifiers Market - Top Vendors Analysis, Market Challenges and Geographical Analysis

The air purifier market is expected to witness notable growth by 2027 owing to surging product demand in leading regions across the globe. Moreover, rising consumer focus on improving indoor air quality is likely to further support market growth through the forecast timeline.

After the COVID-19 outbreak, air purifiers gained unprecedented prominence as leading health agencies affirmed that they could help reduce airborne contaminants, including viruses, in homes or confined spaces. Driven by stringent lockdown restrictions that forced people to stay indoors for an extended period, product uptake has increased immensely in both hospital and residential settings, thereby propelling industry expansion.

The air purifier market has been bifurcated on the basis of product, application, sales channel, and region. Based on product, the market has been divided into mechanical air filters, sorbent air cleaner, electronic air filter, air cleaner using photocatalytic oxidation, packaged air cleaners, air cleaner using germicidal energy (UV-C), and ozone generating air cleaning device.

The mechanical air filters product segment has further been categorized into fiberglass filter, washable filter, polyester filter, and HEPA filter. The fiberglass filter segment is estimated to grow at a CAGR of over 8.5% through the assessment period to reach a sizable revenue by 2027. The washable filter segment holds a substantial volume share in the market and is anticipated to expand at approximately 12% CAGR over the analysis timeframe.

Request sample copy of this report @ https://www.decresearch.com/request-sample/detail/5084

The electronic air filter product segment is projected to see robust growth at above 12.5% CAGR through the forecast timeline. The air cleaner using photocatalytic oxidation product segment is calculated to amass profitable gains by the end of 2027, growing at a CAGR of around 11.5% over the review period.

The air cleaner using germicidal energy (UV-C) product segment is estimated to progress at a CAGR of about 12% through the forecast timeline. The ozone generating air cleaning device product segment holds a substantial revenue share in the overall market and is projected to grow at approximately 4% CAGR over the analysis period.

With respect to application, the air purifier market has been segregated into residential, non-residential (institution, commercial, office, and healthcare), and industrial (food & beverage, livestock, construction, pharmaceutical, and others). The commercial application segment accounts for a considerable volume share in the overall industry and is estimated to grow at over 11.5% CAGR through the analysis timeline. The institution application segment is projected to expand at a CAGR of more than 12.5% over the study timeframe.

Make Inquiry about this report @ https://www.decresearch.com/inquiry-before-buying/5084

The pharmaceutical application segment is slated to grow at a CAGR of over 12.5% through the assessment time period to reach a significant valuation by the end of 2027. The livestock application segment is expected to see steady growth at a CAGR of above 11.5% over the forecast timeline.

In terms of sales channel, the air purifier market has been categorized into online and offline. The online sales channel segment is anticipated to grow at approximately 15% CAGR through the projected timeline. The offline sales channel segment is set to progress at a CAGR of around 9% over the analysis period to garner a considerable revenue by the end of 2027.

From the regional perspective, the LATAM air purifier market is estimated to grow at over 11.5% CAGR through the review period to gather a sizable share in the overall market revenue by 2027. The MEA air purifier market is projected to observe lucrative growth by the end of 2027, progressing at nearly 10% CAGR over the forecast period.

Table Of Content:

Chapter 1   Methodology & Scope

1.1    Market definitions

1.2    Base estimates & calculations

1.3    Forecast calculations

1.4    Data Sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1    Paid Sources

1.4.2.2    Public Sources

Chapter 2   Executive Summary

2.1    Air purifiers industry 3600 synopsis, 2016 - 2027

2.1.1    Business Trends

2.1.2    Product Trends

2.1.3    Application Trends

2.1.4    Sales Channel Trends

2.1.5    Regional Trends

Browse more reports -

Luxury Plumbing Fixtures Market - https://www.marketwatch.com/press-release/luxury-plumbing-fixtures-market-research-report-analysis-by-competition-sales-revenue-market-size-2022-07-25

Welding Equipment & Consumables Market - https://www.marketwatch.com/press-release/welding-equipment-consumables-market-size-share-growth-industry-trends-outlook-with-company-analysis-and-forecast-2022-07-25

Offshore Crane Market - https://www.marketwatch.com/press-release/luxury-plumbing-fixtures-market-research-report-analysis-by-competition-sales-revenue-market-size-2022-07-25

Bitumen Membrane Sheets Market - https://www.marketwatch.com/press-release/bitumen-membrane-sheets-market-size-share-growth-industry-trends-outlook-with-company-analysis-and-forecast-to-2027-2022-07-25

  • share
  • Twitter
  • Facebook
  • LinkedIn

About Author

Rahul Varpe

Rahul Varpe    

Rahul Varpe currently writes for Technology Magazine. A communication Engineering graduate by education, Rahul started his journey in as a freelancer writer along with regular jobs. Rahul has a prior experience in writing as well as marketing of services and products ...

Read More >>

More News By Rahul Varpe

Construction Site Preparation Equipment Market : Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast
Construction Site Preparation Equipment Market : Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast
By Rahul Varpe

The construction site preparation equipment market is expected to grow substantially by 2028 on account of rising number of public infrastructure development projects worldwide. In addition, increasing investments towards R&D activities from manu...

Concrete Chain Saw Market Global Industry Analysis, By System, Growth Potential, Share, Top Key Players, Trends & Forecast
Concrete Chain Saw Market Global Industry Analysis, By System, Growth Potential, Share, Top Key Players, Trends & Forecast
By Rahul Varpe

The concrete chain saw market is slated to witness exponential growth by 2028 on account of the booming construction and building maintenance sector around the world. In addition, growing awareness regarding the benefits of using a concrete chainsaw ...

Stand Tile Saw Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast
Stand Tile Saw Market Estimation, Global Share, Industry Outlook, Price Trend, Growth Opportunity and Top Regional Forecast
By Rahul Varpe

The stand tile saw market is poised to expand substantially by 2028 on account of burgeoning number of construction activities around the globe. In addition, rapid urbanization and rising consumer spending across key regions are likely to further pro...