Asia Pacific to Dominate Air Purifier Tower Market During Forecast Period
Increasing air pollution and
need for clean breathable air to drive the growth of global air purifier tower
market
According
to TechSci Research report, “Global Air Purifier Tower Market By Length (Below 40
Feet, Above 40 Feet), By Filter Type (HEPA v/s Activated Carbon), By Region,
Competition, Forecast & Opportunities, 2025”, Global air purifier
tower market was valued USD 2.09 Million in 2019 and is predicted to grow at
CAGR of over 19.67% to reach USD 5.40 Million by 2025. Respiratory
diseases are the leading causes of death worldwide. Long-term ambient air
pollution exposure is the major cause and aggravating factor for many
respiratory diseases like chronic obstructive pulmonary disease, asthma and
lung cancer. Currently, prevention, control and cure of these diseases and
promotion of respiratory health must be a top priority in the global health
sector. This is the major factor driving the demand for air purifier towers as
these towers can reduce air pollution effectively and contribute towards the
well being of people, globally.
As per
World Health Organization (WHO), in 2019, the global health expenditure
increased in low- and middle-income countries by 6% and in high income
countries by 4%. Spending on health is growing faster than the rest of the
global economy. Governments provide an average of 51% of a country’s health
spending, while more than 35% of health spending per country comes from
out-of-pocket expenses. All countries are prioritizing efficient, cost-effective
primary health care as the path to achieve universal health coverage and the
Sustainable Development Goals, which will drive the air purifier tower market
in the long term.
Browse 11 market data Tables and 42 Figures spread through 104
Pages and an in-depth TOC on" Global Air Purifier Tower Market"
https://www.techsciresearch.com/report/air-purifier-tower-market/4421.html
The global air purifier tower market is segmented based on length,
filter type, company and region. Based on filter type, the market can be
fragmented into HEPA and activated carbon. The HEPA filter type dominated the
market during 2019 and is anticipated to hold its lead through the forecast years
as well. This can be ascribed to the fact that HEPA is one of the most
effective technology for trapping aerial particles and other pollutants.
Kurin Systems Co, ENS Clean Air
(ENS Holding B.V.), Studio Roosegaarde (Studio Roosegaarde and Heijmans N.V.), Vincent
Callebaut Architectures and others are some of the leading players operating
in global air purifier tower market. The companies operating in the market are
using organic strategies such as product launches, mergers and collaborations
to boost their share.
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“Asia-Pacific region dominates the global
air purifier tower market with a leading share in 2019. The region dominates
the overall air purifier tower market owing to the presence of the world’s
first air purifier tower in China. Moreover, in 2018, China installed the
world’s largest smog tower to fight air pollution. It was built in Xian in
Shaanxi province of northern China. Additionally, countries like India, China
and South Korea are working on installing more of such towers to combat the
problem of air pollution in the coming years.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global Air Purifier Tower Market By Length (Below
40 Feet, Above 40 Feet), By Filter Type (HEPA v/s Activated Carbon), By Region,
Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global air
purifier tower 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 global air purifier tower market.
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