Australia Air Purifiers Market to Grow at CAGR of over 7% during the Forecast Period
Increasing
health risks related to airborne allergies coupled with rising demand from
commercial and industrial sectors to drive Australia air purifiers market
through the forecast period
As
per recent voice of customer survey published by TechSci Research, functionality
of an air purifier and recommendation by a doctor, family or friends were
identified as the most influencing factors while purchasing an air purifier. As
of 2017, according to Australian Institute of Health and Welfare, two in nine
Australians are reported to have asthma and 31% of the asthma patients have
been diagnosed with other chronic respiratory conditions. Thus, rising adoption
of air purifiers in order to prevent the risks associated with airborne
allergens is expected to drive Australia air purifiers market.
According to a TechSci Research report, “Australia Air Purifiers Market By Filter Type, By End
Use, By Distribution Channel, Competition Forecast and
Opportunities, 2014 - 2024”, Australia air
purifiers market is projected to grow at a CAGR of over 7% on account of
various factors that are increasing adoption of air purifiers such as increasing
pollution levels and rising cases of chronic respiratory diseases. Moreover, introduction
of new technologies like plasmacluster technology, along with high demand for
air purifiers across commercial and industrial sectors is further likely to aid
the growth of Australia air conditioners market over the course of next five
years.
Browse 6 market data Tables and 38 Figures
spread through 86 Pages and an in-depth TOC on "Australia Air Purifiers
Market"
https://www.techsciresearch.com/report/australia-air-purifiers-market/1709.html
Among regions, New South
Wales dominated the country’s air purifiers market with more than one-fourth of
the volume share in 2018. This region is expected to generate a significant demand
for air purifiers and remain dominant during forecast period as well. Dominance
of New South Wales can be attributed to rising penetration of air purifiers and
high acceptance of new technologies in the region as compared to other regions
of Australia. On the basis of
filter type, Australia air purifiers market can be broadly categorized into
HEPA + Activated Carbon, HEPA + Activated Carbon + Ion & Ozone, HEPA, Ion
& Ozone, electrostatic precipitators and other filters. The HEPA +
Activated Carbon segment dominated the market in 2018 as they provide highly
efficient air purification as compared to other filter types.
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Homedics Australia Pty. Ltd., Inovaair Australia Pty.
Ltd., Philips Electronics Australia
Limited, and Andatech
Pty. Ltd. are some of the leading players in Australia air
purifiers market. “Rising number of households and
commercial & institutional establishments, along with increasing discretionary
income of the population is propelling the demand for air purifiers across
Australia. Moreover, introduction of portable air purifiers and their easy
availability across online sales channel would further steer growth in
Australia air purifiers market in the coming years.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Australia Air Purifiers
Market By Filter Type, By End Use, By Distribution Channel,
Competition Forecast and Opportunities, 2014 - 2024” has
evaluated the future growth potential of Australia air purifiers market and
provides statistics and information on market structure, size, share and trends.
The report is intended to provide cutting-edge market intelligence and help
decision makers to take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities present in the Australia air purifiers market.
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