Global $6.18 Bn Air Purifier Markets to 2023
DUBLIN, May 14, 2019 /PRNewswire/ -- The "Global Air Purifier Market (2018-2023)" report has been added to ResearchAndMarkets.com's offering.
The global air purifier market is expected to reach approximately USD 6.18 Bn by 2023, expanding at a compound annual growth rate (CAGR) of 5.2% during 2018-2023.
Based on filter type, the market has been segregated into high-efficiency particulate air (HEPA) filters, ionic filters, and activated carbon and electrostatic precipitators. The HEPA filters segment dominated the residential air purifiers market in 2018 and is expected to remain dominant over the forecast period. HEPA filters in residential air purifiers help trap air pollutants and aid in providing relief from allergens. Activated carbon is the other crucial market segment, accounting for more than a quarter of the global share in 2018. Electrostatic precipitator and ionic filters account for 37% of the global air purifier market, showing moderate growth during the forecast period.
The rise in the adoption of residential air purifiers in countries such as Brazil, China, and India, has increased the demand for residential air purifiers globally, owing to the amount of indoor pollution. Asia-Pacific (APAC) accounted for the majority of the market share for residential air purifiers in 2018, and the region is expected to remain a significant revenue contributor over the forecast period.
China and India lead the market due to increased adoption of residential air purifiers, along with the growing urban population share in the APAC region. In the Americas, an increase in adoption of air purifiers equipped with HEPA-based filter system to eliminate smoke and dust from the air indoors is helping maintain the market's growth momentum.
The Middle East and Africa (MEA) are slated to be one of the fast-growing regions over the estimated period of time as it continues to invest in infrastructure and other construction activities. Europe accounts for a steady demand for air purifiers due to the increasing awareness regarding its health benefits.
Companies Covered:
- Sharp Corporation
- Panasonic
- Honeywell International
- Coway Co. Ltd.
- Daikin
- Samsung Electronics Co., Ltd.
- Whirlpool Corporation
- L.G. Electronics
Key Topics Covered:
Chapter 1. Executive summary
1.1. Market scope and segmentation
1.2. Key questions answered
1.3. Executive summary
Chapter 2. Global air purifier market - overview
2.1. Global market overview - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), geography-wise market revenue (USD Bn), and market attractiveness analysis
2.2. Global market drivers
2.3. Global market trends
2.4. Global market challenges
2.5. Porter's five forces analysis
2.6. Market segmentation based on filter type (high efficiency particulate air [HEPA], activated carbon, electrostatic precipitator, and ionic filters) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
Chapter 3. The Americas air purifier market
3.1. Regional market overview - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
3.2. Market segmentation based on filter type (high efficiency particulate air [HEPA], activated carbon, electrostatic precipitator, and ionic filters) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
Chapter 4. Europe air purifier market
4.1. Regional market overview - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
4.2. Market segmentation based on filter type (high-efficiency particulate air [HEPA], activated carbon, electrostatic precipitator, and ionic filters) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
Chapter 5. Asia-Pacific air purifier market
5.1. Regional market overview - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
5.2. Market segmentation based on filter type (high-efficiency particulate air [HEPA], activated carbon, electrostatic precipitator, and ionic filters) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
Chapter 6. The Middle East and Africa air purifier market
6.1. Regional market overview - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
6.2. Market segmentation based on filter type (high-efficiency particulate air [HEPA], activated carbon, electrostatic precipitator, and ionic filters) - historical (2015-2017) and forecasted (2018-2023) market size (USD Bn), and key market observations
Chapter 7. Competitive landscape
7.1. Sharp Corporation
7.1.a. Company snapshot
7.1.b. Product offerings
7.1.c. Growth strategy
7.1.d. Recent initiatives
7.1.e. Geographical presence
7.1.f. Key numbers
7.2 Panasonic
7.3 Honeywell International Inc.
7.4. Coway Co. Ltd.
7.5. Daikin
7.6. Samsung Electronics Co., Ltd.
7.7. Whirlpool Corporation
7.8. L.G. Electronics
Chapter 8. Conclusion
8.1. Future outlook
For more information about this report visit https://www.researchandmarkets.com/r/nhjdxn
Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
SOURCE Research and Markets
Share this article