Australia Air Purifiers Market to Reach $ 46 Million by 2025
Australia
air purifier market is forecast to reach $ 46 million by 2025, as per TechSci
Research report, “Australia Air Purifiers Market By Filter Type, By End
Use, By Distribution Channel, Competition Forecast and
Opportunities, 2025”.
Primary factors that are expected to boost market growth include increasing health
risks due to frequent bushfire events across the country coupled with rising pollution
levels on account of increasing industrialization. The air quality index in
Australia is declining as per the recent studies conducted by various
environmental organizations. Another major factor is increasing disposable
income, as many consumers used to consider air purifier an expensive product a
few years back. Moreover, as new players have entered the market, the prices
have witnessed a declining trend due to surging competition in the market.
Browse more
than 45 market data Figures and Tables spread through 85 Pages and an in-depth
TOC on"Australia
Air Purifiers Market"
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New
South Wales accounted for the largest market share in 2019, and the region is
expected to continue its dominance in the coming years as well. Technological advancements are expected to
remain the focus area for leading air purifiers player in the coming years. Recently,
Sharp Corporation introduced the concept of IOT (Internet of Things) in its air
solutions offerings in Australia. Daikin has also been rolling out new models
of air purifiers with advanced air purifying technologies.
The
associations and societies linked with the environmental health of the country
have been encouraging use of eco-friendly products like the air purifiers at
both residential and commercial places. The governmental organizations have
also showed concern for the increase in 2.5PM particulate matter, leading to
boosting adoption of air purifiers across the country.
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Leading
players operating in Australia air purifier market include Dyson, InovaAir
Australia Pty. Ltd, Daikin Australia Pty. Ltd., Homedics Australia Pty. Ltd.,
and Sharp Corporation. Dyson continues to dominate the country’s air purifier
market on account of its broad and innovative air purifier offerings. “Frequent
bushfire incidents, introduction of technologically advanced air purifiers by
leading players and increasing consumer awareness about effects of indoor air
qualityon
human health are expected to boost sales of air purifiers in Australia in the
coming years. Moreover, anticipated gradual decline in unit prices are expected
to further boost adoption of air purifiers in the country over the course of
next five years.”
“Australia Air Purifiers Market By Filter Type, By End Use, By Distribution Channel, Competition Forecast
and Opportunities, 2025” has evaluated the future growth potential of
Australia air purifier market and provides statistics & information on
market size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges, and opportunities in Australia air
purifier market.
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