Bharat Book Bureau Provides the Trending Market Research Report on “Global Portable Air Purifier Market 2019-2028” under Consumer Goods Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
MARKET OUTLOOK
The Global Portable Air Purifier Market: to observe growth at a CAGR of 9.12% during the forecast period of 2019-2028.Factors such as the impact of low air quality on the economy, government support, and health disorders caused by air pollution are directing the growth of the market. Whereas, the surge in demand for air filtration in the healthcare sector, along with the rise in demand for smart air purifiers, is generating opportunities for the studied market's development during the estimated period.
However, the high cost of operation is restricting the progress of the global market. The upsurge in demand for renewable resources for power generation and emission of harmful by-products by the air-purifiers are challenging this market's future.
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REGIONAL OUTLOOK
The global portable air purifier market covers Latin America, North America, Europe, Asia-Pacific, and the Middle East and Africa regions.
The Asia-Pacific is estimated to become the fastest-growing market globally during the forecast period. It is also the largest market, and is expected to continue its hold over the market till 2028. China is known to hold the highest share in the portable air purifier market, owing to rising pollution levels caused by massive industrialization.
Furthermore, the rising infrastructure projects and an upsurge in fossil fuel usage have affected the air quality, thereby boosting the demand for air purifiers in the region. The industrial developments and increase in the purchasing power among the consumers are opening up opportunities for the portable air purifier market's growth in the APAC region.
COMPETITIVE OUTLOOK
The established companies in the market include Panasonic Corporation, Coway Co Ltd, Dyson Limited, Honeywell International Inc, Samsung Electronics Co Ltd, Sharp Corporation, Philips International BV, Daikin Industries Ltd, Blueair Inc, Austin Air Systems Limited, and Whirlpool Corporation.
Whirlpool Corporation is a globally known manufacturer of consumer electronics and home appliances. The company's product portfolio entails laundry appliances, refrigerators, cooking appliances, dishwashers, mixers, and others. The Purafresh W440 and Purafresh W210 are the air purifiers offered by the company to its vast customer base. The company has its operations spread across various regions, including North America, Europe, Middle East and Africa, Latin America, and the Asia-Pacific.
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