According to a new report published by UnivDatos Markets Insights, the Portable Air Purifier Market is expected to grow at a CAGR of around 10% from 2021-2027. The analysis has been segmented into Type (Dust Collectors, Fume & Smoke Collectors, Others); Technique (High-Efficiency Particulate Air Filter (HEPA), Activated Carbon Filtration, Electrostatic Precipitator, Others); Application (Residential, Commercial, Industrial); Distribution Channel (Supermarkets & Hypermarkets, Online Stores, Convenience Stores, Others); Region/Country.
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The portable air purifier market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the portable air purifier market. The portable air purifier market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the portable air purifier market at the global and regional levels.
Market Overview
Air pollution is a huge concern to health all around the world, from haze hanging over cities to smoke within the home. Almost 9 out of 10 people are exposed to levels of air pollution that raise their risk of diseases such as heart disease, stroke, chronic obstructive pulmonary disease, cancer, and pneumonia. The World Health Organization monitors the levels of exposure and health effects of air pollution at the national, regional, and global levels due to ambient (outdoor) and household air pollution. According to WHO, climate change is estimated to cause roughly 250,000 more fatalities per year between 2030 and 2050, primarily due to starvation, malaria, diarrhea, and heat stress.
Currently, portable air purifiers acquired a substantial share. It is mainly due to the surging demand for portable air purifiers in residential and commercial sectors and is restricted to indoor use in industrial sectors. Furthermore, the urban population is increasing linearly and rising health consciousness after the pandemic boosts the demand for portable air purifiers.
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COVID-19 Impact
The COVID-19 pandemic has provided many lucrative opportunities for potable air purifier manufacturers across the globe as the high-performance units of air purifiers comprised of HEPA and activated carbon technologies have become more popular. This increased popularity of air purifiers is because the industry players are claiming that their portable air purifiers can minimize the spread of the virus in enclosed spaces. For example, according to tests performed in the laboratories of the Institut Pasteur de Lille, Daikin’s air purifiers remove more than 99.98% of the human coronavirus HCoV-229E in 2.5 minutes. This virus is of the same family as SARS-CoV-2, the coronavirus behind the COVID-19 pandemic. Further, the units have also been evaluated as 99.93% effective against the H1N1 virus in 2.5 minutes which is the virus causing common flu.
The global portable air purifier market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
· Based on type, the market is segmented into dust collectors, fume & smoke collectors, and others. The dust collectors segment accounted for a significant share. A dust collector is a system used to enhance the quality of air released from industrial and commercial processes by collecting dust and other impurities from air and gas.
· Based on technique, the market is divided into high-efficiency particulate air (HEPA), activated carbon, electrostatic precipitators, and others. The high-efficiency particulate air (HEPA) held a significant market share in 2020. High-efficiency particulate air (HEPA) filters can provide protection against the possible release of nanoparticles into the atmosphere. Therefore, Preventing inhalation, skin exposure, and ingestion of nanoparticles are common in the workplace. However, An electrostatic precipitator is most effective for cleaning industrial fumes and is commonly used in industries.
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Portable air purifier Market Geographical Segmentation Includes:
· North America (the United States, Canada, and Rest of North America)
· Europe (Germany, the United Kingdom, Italy, France, Spain, and the Rest of Europe)
· Asia-Pacific (China, India, Australia, Japan, and the Rest of Asia-Pacific)
· Rest of the World
For a better understanding of the market adoption of the portable air purifier, the market is analyzed based on its worldwide presence in the countries such as North America (US, Canada, Rest of North America), Europe (Germany, France, Spain, UK, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific), Rest of World. Asia-Pacific accounted for a prominent share of the global portable air purifier market and is expected to grow at a significant growth rate during the forecast period owing to the quick adoption of portable air purifier technologies along with awareness of the benefits associated with air purifiers among the population and industrial sector in the region.
The major players targeting the market include
· Honeywell International Inc.
· IQAir
· Koninklijke Philips N.V.
· Unilever PLC
· Samsung Electronics Co., Ltd.
· LG Electronics Inc.
· Panasonic Corporation
· Whirlpool Corporation
· Daikin Industries Ltd.
· Carrier Global Corporation.
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the portable air purifier market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the portable air purifier market?
• Which factors are influencing the portable air purifier market over the forecast period?
• What are the global challenges, threats, and risks in the portable air purifier market?
• Which factors are propelling and restraining the portable air purifier market?
• What are the demanding global regions of the portable air purifier market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
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