Report ID: SQMIG25H2029
Report ID:
SQMIG25H2029 |
Region:
Global |
Published Date: July, 2001
Pages:
242
|
Tables:
64 |
Figures:
75
Asia Pacific dominated the global air purifier market with a holding of more than 40.5% of the overall market in 2021, because of the several factors, including industrialization, rapid urbanization, and growing population with increased disposal income. Moreover, increasing smog and air pollution especially in developing nations such as India and China, are expected to increase the adoption of air purifiers in the region. For instance, in October 2021, Dyson launched two new air purifiers in India as seen a rise in the pollution levels in India. Dyson upgraded Dyson Purifier Hot + Cool and Dyson Purifier Cool for achieving fully-sealed HEPA 13 standard filtration.
North America is anticipated to grow at a significant CAGR of 7.3% over the forecast period. Favourable government initiatives such as establishing national ambient air quality standards by the U.S. EPA, the U.S. Clean Air Act, and comprehensive strategies for reduction of pollution levels by Environment Canada are expected to create lucrative opportunities for air purifier manufacturers. According to the US Environmental Protection Agency, US residents spend a colossal amount of time indoors, where various types of pollutants are concentrated.
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REQUEST FREE CUSTOMIZATIONAir Purifier Market size was valued at USD 13.01 billion in 2019 and is poised to grow from USD 13.97 billion in 2023 to USD 25.97 billion by 2031, growing at a CAGR of 7.3% in the forecast period (2024-2031).
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Report ID: SQMIG25H2029