An air purifier is an equipment or apparatus, used for cleansing the indoor air to make it free from impurities. Air purifiers eliminate airborne pollutants from a room, which enhances the indoor air quality. These devices prove beneficial for people that suffer from asthma and allergies. Air purifiers work toward reducing the harmful impact of allergens which are likely to reduce the chances of irritation of the nose, eyes, and throat. Additionally, the adulterated air can trigger conditions such as dizziness, headaches, asthma, and fatigue. A portable air purifier comes with notable benefits. For instance, a portable air purifier enables adjustable positions as per the requirements of the user. Furthermore, it can be easily carried around for maintenance activities. According to the exhaustive study conducted by Market Research Future, the global portable air purifier market is likely to develop at 7.35% CAGR over the forecast period.
Global portable air purifier market is dominated by prominent players such as –
Panasonic Corporation (Japan), Honeywell International Inc. (US), Hamilton Beach Brands Holding Company (US), Levoit (US), Whirlpool Corporation (US), Blueair (Sweden), Guardian Technologies (US), Real Spirit USA, Inc. (US), Austin Air Systems Limited (US), and Airfree (Portugal).
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Market Research Future, in its report, has segmented the global portable air purifier market based on application and type. Based on type, the global portable air purifier market is segmented into active carbon, HEPA, ion, ozone generator, electrostatic precipitator, and others. Under type, the HEPA segment is likely to represent the maximum market share. The growth in this segment is primarily due to its capability to eliminate small pet dander particles, dust mite residue, and other tiny pollutants from the air. By application, the global portable air purifier market is segmented into commercial and residential applications. The residential segment is likely to represent the largest market share owing to an increase in the number of households and growing awareness regarding odors and dust.
Based on geography, the global Portable Air Purifier Market is segmented into Europe, North America, Southeast Asia, China, and the rest of the world. North America held a prominent market share worth USD 2,318.2 million during 2018. The North America market is likely to attain a value of USD 3,421.9 million by the conclusion of 2025. The market is expected to grow at a spectacular CAGR of 5.73% over the review period. A report by the U.S. Environmental Protection Agency (EPA) stated that the residents in the US spend 90% of their time indoors. The concentration of certain pollutants are often 2 to 5 times more indoors than the outdoors. The indoor pollutants are likely to cause poor health conditions that might lead to asthma, headaches, and respiratory diseases. The awareness regarding these diseases has accelerated the usage of air purifier within the North America market. The North America market is followed by the Europe market. The Europe market has an increasing urbanization rate, which is encouraging consumer spending on lifestyle goods. Owing to the increasing rate of urbanization, several residential buildings have been carried constructed. New furniture, newly painted houses, tobacco smoke, smell of cleaning products, particles or gases emitted from burning fuels, allergens, and chemicals are some of the factors responsible for poor indoor air quality. Poor indoor air is injurious, specifically for young children, the elderly, and those suffering from chronic respiratory and cardiovascular ailments. The rest of the world represents one of the fastest growing market in the for portable air purifier. The rest of the world encompasses markets, such as the South America and Middle East & Africa. In 2018, the rest of the world market was valued at USD 3,622.3 million, which is likely to generate USD 6,216.8 million by 2025. The market is expected to develop at an 8.03% CAGR.
Key Questions Addressed by the Report
- What was the historic market size (2017)?
- Which segmentation (Type/Application) is driving the market?
- What will be the growth rate by 2025?
- How are the key players in this market?
- What are the strategies adopted by key playerss?
TABLE OF CONTENTS
1 Executive Summary
1.1 Market Attractiveness Analysis
1.1.1 Global Portable Air Purifier Market, By Type (Value)
1.1.2 Global Portable Air Purifier Market, By Type (Volume)
1.1.3 Global Portable Air Purifier Market, By Application (Value)
1.1.4 Global Portable Air Purifier Market, By Application (Volume)
2 Market Introduction
2.2 Scope Of The Study
2.3 Market Structure
2.4 Key Buying Criteria
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
3.6 List Of Assumptions
4 Market Dynamics
4.2.1 Increasing Need For Air Purifiers In Urban Households
4.2.2 Rising Per Capita Disposable Income In Emerging Economies
4.2.3 Drivers Impact Analysis
4.3.1 High Power Consumption
4.3.2 Restraints Impact Analysis
4.4.1 Incorporation Of Advanced Technologies In Air Purifiers
5 Market Factor Analysis
5.1 Supply Chain Analysis
5.1.1 Raw Material Supply
5.1.2 Component Manufacturing And Assembly
5.1.3 Supply And Distribution
5.2 Porter’s Five Forces Model
5.2.1 Threat Of New Entrants
5.2.2 Bargaining Power Of Suppliers
5.2.3 Bargaining Power Of Buyers
5.2.4 Threat Of Substitutes
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List of Tables
Table 1 List Of Assumptions
Table 2 US: National Current Asthma Prevalence (2016)
Table 3 GDP Per Capita In Developing Nations (USD)
Table 4 Global Portable Air Purifier Market, By Type, 2019–2025 (USD Million)
Table 5 Global Portable Air Purifier Market, By Type, 2014–2018 (Million Units)
Table 6 Global Portable Air Purifier Market, By Type, 2019–2025 (Million Units)
Table 7 US: Number Of Households
Table 8 Global Portable Air Purifier Market, By Application, 2019–2025 (USD Million)
Table 9 Global Portable Air Purifier Market, By Application, 2014–2018 (Million Units)
Table 10 Global Portable Air Purifier Market, By Application, 2019–2025 (Million Units)
List of Figures
Figure 1 Market Synopsis
Figure 2 Market Attractiveness Analysis: Global Portable Air Purifier Market
Figure 3 Global Portable Air Purifier Market Analysis, By Type
Figure 4 Global Portable Air Purifier Market Analysis, By Type
Figure 5 Global Portable Air Purifier Market Analysis, By Application
Figure 6 Global Portable Air Purifier Market Analysis, By Application
Figure 7 Global Portable Air Purifier Market: Market Structure
Figure 8 Key Buying Criteria Of Global Portable Air Purifier Market
Figure 9 Research Process Of MRFR
Figure 10 Top-Down And Bottom-Up Approach
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