Smart Air Purifiers to Boost the Market Growth During the Forecast Period
Rising health consciousness among
consumers, increasing air pollution level and growing demand for smart air
purifiers are the leading factors driving the global air purifiers market
during the projected period.
According to
TechSci Research report, “Air Purifiers Market – Global Industry Size, Share,
Trends, Competition, Opportunity, and Forecast, 2018-2028F,” The growing health
consciousness, rising demand for smart air purifiers, advanced technology used
in air filters, increasing product innovation by market players, and rise in the
presence of air purifier brands on online platforms are some of the factors
fueling the overall sales of this market on the global level.
Air purifiers are made to
remove contaminants from the air. Air filtration and cleaning can aid in
minimizing airborne pollutants, such as particles containing viruses. Since
prolonged exposure to air pollution can result in long-term health problems,
good air quality is an essential part of leading a healthy lifestyle. Also,
because indoor air is not as frequently circulated as outdoor air, it can be
more contaminated than outdoor air in confined settings. Given that most people
spend their time inside, it is crucial to get rid of air contaminants in order
to improve indoor air quality and, consequently, well-being.
Another factor
contributing to the overall sales of air purifiers around the globe is the
rising initiatives launched by different governments as well as agencies to
spread awareness regarding issues caused by air pollution. For instance, in
September 2021, WHO (World Health Organization) amended the Global Air Quality
Guidelines (AQGs). The guidelines urge decreasing levels of major air
pollutants, some of which also have a negative impact on climate change, in
order to protect individual health. Also, WHO has recommended that average
yearly measurements of the microscopic, hazardous airborne particles known as
PM2.5 should not exceed five micrograms per cubic meter.
Additionally,
governments around the world are also encouraging people to purchase air
purifiers in order to breathe contaminant-free air. For instance, according to
the United States Environmental Protection Agency, air cleaners, and HVAC
filters can help minimize airborne pollutants, including viruses, in a building
or small space when used appropriately. This factor is further prompting the
population to purchase air purifiers.
Also, this market has
been observing a significant rise in the demand for smart air purifiers, as
they offer Wi-fi connectivity and enhanced efficiency. Therefore, in order to
cater to the increasing demand, market players are offering such advanced
technology-based products to consumers. For instance, in 2022, Electrolux
launched its new range of air purifiers in India. The Korbu, Aspen, and
Himalaya series are the three major subcategories of their air purifier range.
Moreover, market players
are also focusing on launching new products and expanding their product
portfolio in order to expand their consumer base. For instance, in 2022, Daikin
launched MC30Y air purifiers, which feature HEPA air filters with a life span
of up to 10 years and are suitable for small homes, hotels as well as retail
shops. Similarly, in 2022, Blueair launched a ‘DustMagnet’ air purifier,
equipped with HEPASilent filtration technology. Also, in 2021, Dyson launched
an air purifier equipped with sensing technology. Additionally, in 2021,
Aurabeat unveiled its air purifier, approved by the United States Food and Drug
Administration (USFDA) which features a five-stage sterilization purification
process, in India.
Browse over XX market data
Figures spread through XX Pages and an in-depth TOC on the "Global Air purifiers Market."
The global air purifiers
market is segmented based on filter type, end user, distribution channel,
region and competitive landscape. The distribution channel segment is divided
into direct and indirect. The direct selling segment is gaining popularity.
Also, various brands are broadening their presence on online platforms in order
to expand their consumer reach. Consumers are preferring these platforms since
they offer convenience, save time, several discounts and other benefits.
Moreover, e-commerce companies are launching specific air purifier stores on
their websites. For instance, in 2021, Amazon India launched its ‘Breathe Safe
Store’, which offers a wide range of air filters as well as air purifiers from
top brands such as Philips, Coway, Sharp, Dyson, Mi, Eureka Forbes, Honeywell,
Kent, etc. These factors are projected to fuel market growth in the forecast
period.
Key market players in the global
air purifiers market include:
- Koninklijke
Philips N.V.
- Honeywell
International Inc
- Sharp Corporation
- Coway Co., Ltd.
- Panasonic
Corporation
- Blueair AB
- IQAir AG
- Camfil AB
- Samsung
Electronics Co. Ltd.
- Whirlpool
Corporation
Furthermore, companies are
focusing on launching various campaigns in order to attract a larger consumer
base. For instance, in 2020, Philips Air Purifiers and the Inshorts
application, together, launched the #BreatheAgain campaign, aimed to raise
public awareness regarding the issue of rising air pollution. Also, in 2021,
QNET India, an e-commerce-based Direct Selling company that offers next-gen
IoT-enabled SmartAir Purifier and Sharp ZENsational, launched the
#BreatheFreshBeHealthy campaign.
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"The air purifiers
demand has seen significant growth over the last ten years as an affordable
indoor air quality solution. Smart air purifiers are expected to drive the
global air purifiers market growth at a higher rate during the forecast period.
Also, factors such as the availability of air purifiers on rent by brands such
as Coway, LG, etc. are further anticipated to contribute to the growth of this
market,”t said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
Air
Purifiers Market – Global Industry Size, Share, Trends, Competition, Opportunity,
and Forecast, 2018-2028F Segmented By
Filter Type (Pre-filter+ HEPA, Pre-filter + HEPA + AC, HEPA, Others
(Pre-filter, HEPA + Ion & Ozone, HEPA + Electrostatic Precipitators, etc.)), By End User (Commercial, Residential & Industrial),
By Distribution Channel (Direct vs Indirect)), By
Region, 2018-2028F”, has evaluated the future
growth potential of air purifiers market and
provides statistics and information on market structure, size, share, and
future growth. The report is intended 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 present in air purifiers market
globally.
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