Portable Air Purifier Market overview
Furthermore, a rise in disposable income and change in lifestyle & spending habits boost the portable air purifier market growth. However, high periodic maintenance costs are the major restraint on the global portable air purifier market. It is expected that the market will hold USD 15.0 Billion by 203 and grow significantly till 2032 with a CAGR of 7.00%.
An air purifier is a device that promotes improving indoor air quality by eliminating pollutants from the air. A portable air purifier is used indoors to purify the air. Air purifiers differ in their setup, operation, technology, and the volume of air they clean, all of which influence air cleaner effectiveness. Air pollution leads to an alarming rise in environmental issues, which, in turn, gives rise to various diseases like asthma. in 2016, according to the WHO, air pollution contributed to 7 million premature deaths a year, while 92% of the world's population is estimated as breathing the toxic air. In economically backward countries, 98% of children under five breathe toxic air. Due to this, air pollution is the major cause of death for children under 15, killing 600,000 every year. Awareness of increased air pollution among consumers and diseases associated with air pollution is expected to impact the growth of portable air purifier sales positively. Furthermore, innovative products offered by market players coupled with after-sales service for portable air purifiers boost sales, thereby providing a portable air purifier market opportunity. The rise in demand for air care and increased concerns over indoor air quality have led to high portable air purifier market demand worldwide.
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Portable Air Purifier Key Market Players
Key Companies in the Portable Air Purifier market include
- Honeywell International Inc. (US)
- Austin Air Systems Limited (US)
- Panasonic Corporation (Japan)
- Blueair (Sweden)
- Real Spirit USA Inc. (US)
- Whirlpool Corporation (US)
- Guardian Technologies (US)
- Airfree (Portugal)
- Hamilton Beach Brands Holding Company (US)
- Levoit (US)
Market segmentation
The Portable Air Purifier Market is categorized into Type and application. The market is segregated into HEPA, Active Carbon, Electrostatic Precipitator, Ion and Ozone Generator, and others. Each of the segments will improve the market segment and help the market gain growth. The sub-segments of the Application are Residential and Commercial. The residential segment is expected to dominate the market in the forecast period due to the high demand for air purifiers. The toxic air harms the people, causing several health problems to the people. Other market segments will also register significant growth in the forecast period.
Regional analysis
The Portable Air Purifier Market is studied in prominent regions such as North America, Asia Pacific, Europe, the middle east and Africa, and other parts of the world. North America is expected to register prominent growth owing to the government's serious action to improve the environment. The awareness regarding asthma and allergy harm to pets will improve the market growth in the region. There are several reasons for the poor air quality indoors, and this will be helpful to remove this. The presence of key market players in the region is also a factor for the market growth and will boost the market in the forecast period. Other regions of the market will also gather growth in the coming years.
Industry news
Scosche, an American accessory brand, launched the AFP2-SP FrescheAir in India, a portable HEPA air purifier. It helps you breathe fresh, clean, deodorized air to protect you and your family while in your car.
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