The global Air Purification Market was valued at USD 12.26 billion in 2021. The market is projected to grow USD 21.1 billion in 2028 at a CAGR of 8.06%. Air purifiers are primarily utilized for the removal of dust, volatile organic matter, toxic fumes harmful odors, and oil mist. Stringent government rules and regulations for controlling air pollution are driving the growth in this market.
Increasing health consciousness among individuals, and rising pollution levels in urban areas are rapidly boosting the adoption of air purifiers. Moreover, increasing disposable income and the increasing threat of airborne diseases are expected to boost sales during the forecast period.
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The Air Purification Market Report's purpose is to give you a thorough market segmentation and an overview of the industry. The study includes a full overview and scope of the market, as well as drivers, restraints, and trends. In each of the study's regions and countries, this report will cover both qualitative and quantitative sector characteristics.
COVID-19 ANALYSIS
The COVID-19 outbreak has severely affected the economy but the Air Purification Market saw increased sales due to need to curb cross contamination.
The benefits of air purifiers such as eliminating harmful chemicals from indoor environments, neutralizing unpleasant odors, and reducing the spread of airborne diseases are expected to propel demand.
Key players in global Air Purification market include:
Honeywell International, Inc.
IQAir, Koninklijke Philips N.V.
Unilever PLC
Sharp Electronics Corporation
Samsung Electronics Co., Ltd.
LG Electronics
Panasonic Corporation
Whirlpool Corporation
Dyson
Carrier
The influence of the COVID-19 outbreak on the Air Purification is investigated in this section, which includes supply chain analysis, impact evaluations on the Air Purification market size growth rate in various scenarios, and the activities that Air Purification companies will take in reaction to the pandemic.
In this report, the market is additionally divided into regions: Chapters 4, 5, 6, 7, and 8 contain data summaries.
Europe, Germany, France, United Kingdom, Italy, Russia, Middle East & Africa, Egypt, South Africa, Israel, Turkey, Middle East & Africa, Egypt, South Africa, Israel, Turkey, Middle East & Africa, Egypt, South Egypt, South Africa, Israel, Turkey, and the Gulf Cooperation Council (GCC) countries are all located in the Middle East and Africa.
The fundamentals of the Air Purification Market, as well as complex systems, classifications, and applications, are all covered in this research report. This research study also includes an outstanding data visual that depicts the global market in detail. It also contains a thorough examination of the elements that drive market development.
A detailed competitive landscape analysis, as well as company insights, financial status, trending developments, mergers and acquisitions, and SWOT analysis, has been provided for the Global Air Purification Market. This research will give readers a complete and accurate picture of the entire market, helping them to make well-informed decisions.
This research discusses future growth factors as well as the competitive landscape. This will provide market report purchasers with a clear idea of the necessary growth and market strategy. The granular data provided by the market will aid in the monitoring of future profitability and the making of critical growth decisions.
Objective of Studies:
To provide a comprehensive analysis of the worldwide Air Purification market structure, including forecasts for the major segments and sub-segments. To provide data on the factors that impact market growth. The Air Purification market will be studied using price analysis, supply chain analysis, Porter's five force analysis, and other factors.
To provide revenue for market segments and sub-segments in four primary continents and countries: North America, Europe, Asia, Latin America, and the Rest of the World.
To conduct a market analysis at the country level in terms of existing market size and future prospects.
At the country level, market segmentation by application, product type, and sub-segments will be provided.
To give a competitive landscape for the market, as well as strategic profile of key market participants and a complete analysis of their primary competencies.
To keep track of and analyse competitive developments in the worldwide Air Purification market, such as joint ventures, strategic alliances, mergers and acquisitions, new product development, and R&D.
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