-- According to a new market report published by Credence Research Inc., “Air Purifier Market (By Product Type (Stand-alone Water Purifiers and In-duct Water Purifiers), By End-use (Residential, Commercial, and Industrial), By Technology (HEPA, Electrostatic Precipitators, and Ionizers & Ozone Generators)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025”, the global market for air purifiers is expected to expand at a CAGR of 9.5% between the forecast period 2017 - 2025.
Product and Market Insights
The infrastructural and economic development resulting in increased number of residential, industrial, and commercial spaces coupled with the rising incidences of air-borne diseases like asthma have triggered demand for air purifiers, especially HEPA technology-based air purifiers that are capable of removing up to 99.97% of particles that pass through. In addition, several initiatives taken by the governments’ across the globe to promote awareness regarding measures that need to be taken for preventing air-borne diseases is further supporting demand for air purifiers.
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Such initiatives have made consumers duly aware about the consequences of inhaling untreated air, thereby driving market forward. Thus consumers across both residential and non-residential segments are increasingly installing air purifiers for maintaining a clean, less polluted environment. On the other hand, the sales growth of air purifiers few years back remained sluggish due to high upfront cost, lack of awareness regarding the benefits offered, and their positioning as luxury products.
However, with manufacturers resurrecting their product positioning strategy and promoting air purifiers as a utility product, the adoption of water purifiers is expected to increase in the coming years, driving market forward.
On the basis of end-use, the air purifier market is categorized into following segments:
Residential
Commercial
Industrial
On the basis of geography, the global air purifier market is segmented into following regions and countries.
North America
Europe
Asia Pacific
Rest of the World
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Competitive Insights
The global air purifiers market is in the growing stage of development cycle and hence competitive. Some of the leading players identified in the global air purifiers market include Daikin Industries, Ltd., Sharp Corporation, Honeywell International, Inc., LG Electronics Inc., Camfil AB, Whirlpool Corporation, AllerAir Industries, Inc., Blueair AB, Panasonic Corporation, Jarden Consumer Solutions (Europe) Limited, Koninklijke Philips N.V., 3M, EcoQuest International, IQAir, Rabbit Air, and WINIX Inc. among others. The manufacturers across the globe are focusing on strengthening their distribution, marketing, and sales channels to improve their product penetration in the market.
In terms of sales channel, the direct retail channel covering sales of air purifiers through supermarkets, hypermarkets, department stores, etc. was the largest revenue contributor to the global air purifier market in the base year 2016. Although direct retail sales channel plays a vital role in the sale of air purifiers, it is presumed that the sale of air purifiers would most likely improve through online channel. The anticipated growth in sale of air purifiers through online channel will be driven by the proliferation of e-commerce.
Other in-depth analysis provided in the report includes:
Current and future market trends to justify the forthcoming attractive markets within the global air purifier industry
Comparative analysis for different segments for the years 2016 & 2025
Market fuelers, market impediments, and their impact on the market growth
In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
Trailing 2-Year market size data (2015 – 2016)
SRC (Segment-Region-Country) Analysis
Browse the full Air Purifier Market 2017 – 2025 report at https://www.credenceresearch.com/report/air-purifier-market
1. Preface
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2. Executive Summary
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3. Global Air Purifier Market Analysis
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4. Global Air Purifier Market Revenue, By Type , 2015 – 2025 (US$ Bn)
4.1. Comparative Analysis
4.2. Stand-alone Air Purifiers
4.3. In-duct Air Purifiers
5. Global Air Purifier Market Revenue, By End-use Application , 2015 – 2025 (US$ Bn)
5.1. Comparative Analysis
5.2. Residential
5.3. Commercial
5.4. Industrial
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6. Global Air Purifier Market Revenue, By Technology, 2015 – 2025 (US$ Bn)
6.1. Comparative Analysis
6.2. HEPA
6.3. Electrostatic Precipitators
6.4. Ionizers & Ozone Generators
7. North America Air Purifier Market Analysis, 2015 – 2025 (US$ Bn)
7.1. North America Air Purifier Market Revenue, By Type, 2015 – 2025 (US$ Bn)
7.1.1. Stand-alone Air Purifiers
7.1.2. In-duct Air Purifiers
7.2. North America Air Purifier Market Revenue, By End-use Application, 2015 – 2025 (US$ Bn)
7.2.1. Residential
7.2.2. Commercial
7.2.3. Industrial
7.3. North America Air Purifier Market Revenue, By Technology, 2015 – 2025 (US$ Bn)
7.3.1. HEPA
7.3.2. Electrostatic Precipitators
7.3.3. Ionizers & Ozone Generators
7.4. North America Air Purifier Market Revenue, By Country, 2015 – 2025 (US$ Bn)
7.4.1. U.S.
7.4.1.1. U.S. Air Purifier Market Revenue, By Type, 2015 – 2025 (US$ Bn)
7.4.1.2. U.S. Air Purifier Market Revenue, By End-use Application, 2015 – 2025 (US$ Bn)
7.4.1.3. U.S. Air Purifier Market Revenue, By Technology, 2015 – 2025 (US$ Bn)
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11. Company Profiles
11.1. Daikin Industries, Ltd.
11.2. Sharp Corporation
11.3. Honeywell International, Inc.
11.4. LG Electronics Inc.
11.5. Camfil AB
11.6. Whirlpool Corporation
11.7. AllerAir Industries, Inc.
11.8. Panasonic Corporation
11.9. Jarden Consumer Solutions (Europe) Limited
11.10. Koninklijke Philips N.V.
11.11. 3M Company
11.12. EcoQuest International
11.13. IQAir
11.14. WINIX Inc
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Browse the full Air Purifier Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2017 – 2025 report at https://www.credenceresearch.com/report/air-purifier-market
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