Global Air Purifier Market Trend Analysis: Monitoring and Assessing Market Shifts and Patterns 2031 | CAGR of 11%

Report Ocean released a thorough intelligence report named Global Air Purifier Market Report, Size, Share, Competitive Landscape, Technology, Latest Updates, and Forecasts to 2030. This research offers a thorough examination at the micro-level, concentrating on insurers, significant market sectors, products, and distribution methods within the industry.

Forecasts predicted that the world economy would increase by about 5% in 2022 before Russia attacked Ukraine. According to a report released in November 2022 by the OECD, the war in Ukraine caused a “massive and historic energy shock” to the markets. One of the key reasons why economic growth had slowed in 2022 to just 3.1% and why the OECD predicted it would fall to 2.2 percent in 2023 was the “shock” of the war. The analysis showed that the war has had the most effect on the economy of Europe, where growth in 2023 is expected to be just 0.3 percent.

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The global air purifier market to to surpass US$ 19 billion by 2030, expanding at a 11% CAGR across the forecast period (2022-2030)

The market demand for the air purifier is growing due to rising air pollution that decreases the air quality in indoor places, and emerging airborne diseases such as asthma, bronchitis, and growing industrial work are driving the market share of air purifiers.

Major market player included in this report are:
American Air & Water Inc.
Daikin Industries Ltd.
Eureka Forbes Ltd.
Hitech Ultraviolet Pvt. Ltd.
Honeywell International Inc.
IQAir
Koninklijke Philips N.V.
Panasonic Corporation
LG Electronics
Sharp Corp.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study.

Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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By Mounting Type
Fixed Air Purifiers
Portable Air Purifiers

By Product Type
Upper Air Purifiers
In-duct Air Purifiers
Self-contained/Standalone Air Purifiers

By Technology
HEPA Filtration Air Purifiers
Activated Carbon Filter Air Purifiers
Ionic Filter Air Purifiers
Ultraviolet (UV) Technology Air Purifiers
Others

By End User
Residential Use
Commercial Use
Industrial Use

By Distribution Channel
Online
Offline

By Region
? North America
o The U.S.
o Canada
o Mexico
? Europe
? Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
? Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
? Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
? Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
? South America
o Brazil
o Argentina
o Rest of South America

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Furthermore, years considered for the study are as follows:

Historical year – 2017, 2020
Base year – 2021
Forecast period –2022 to 2030.

Target Audience of the Market in This Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Table of Content:

  • Report Overview
  • Global Growth Trends
  • Competition Landscape by Key Players
  • Data Segments
  • North America Market Analysis
  • Europe Market Analysis
  • Asia-Pacific Market Analysis
  • Latin America Market Analysis
  • Middle East & Africa Market Analysis
  • Key Players Profiles Market Analysis
  • Analysts Viewpoints/Conclusions
  • Appendix

Key Reasons to Purchase this Report:

Strategic Direction: This research report provides insightful analysis and strategic advice for senior executives, decision-makers, professionals, sales managers, and other market stakeholders working in this space. It aids in decision-making and offers strategic recommendations for product advancements.

Comprehensive Analysis: Both economic and non-economic aspects are taken into account in the report’s thorough qualitative and quantitative analysis of the market. For a complete knowledge of market dynamics, it contains a segment breakdown with market evaluations expressed in terms of value (USD Billion) for each segment.

Growth Opportunities: The research highlights the geographies and market categories predicted to expand at the highest rates, potentially positioning them to dominate their respective markets. It offers a thorough examination of consumption trends in various geographic areas and highlights the variables affecting regional market trends.

Competitive Landscape: The competitive landscape section lists the top market rivals and discusses current business expansions, collaborations, product launches, and acquisitions. This data makes it easier to evaluate significant players’ market positions.

Detailed Company Profiles: These include their company description, insights, product benchmarking, and SWOT analysis, providing a thorough picture of the major market participants. Stakeholders are able to assess the advantages and disadvantages of the leading market players due to these profiles.

Future Market Outlook: The study presents recent trends, growth prospects, drivers, challenges, and restraints in both emerging and developed regions. It also includes current and future market outlooks. It gives stakeholders knowledge of potential industry trends and aids in their prediction of upcoming market dynamics.

Industry Analysis: Using Porter’s Five Forces Analysis, the research provides a comprehensive analysis of the industry, looking at factors such as the bargaining power of customers and suppliers, rivalry among businesses, the threat of alternative products, and the threat of new entrants. This research helps to comprehend how fiercely the market is competitive.

Value Chain Insights: Through a thorough examination of the value chain, the research offers insightful information about the market. This aids stakeholders in comprehending the main processes and actors involved in the creation and supply of the good or service.

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