The market is driven by the surging pollution levels, depleting air quality leading to increasing prevalence of the air borne diseases

Date: 11 April 2016

According to recently published Azoth Analytics report Global Air Purifier Market: Trends, Opportunities and Forecasts (2016-2021) – (By Value, By Filter Technology – HEPA, ION & Ozone, Activated Carbon; By Region - North America, Europe, Asia Pacific, RoW; By Country – US, UK, Canada, China, India; Key Players; Recommendations), Global Air Purifiers Market grew at a CAGR of approximately 9.18% during 2011-2015, on account of the Surging pollution levels, depleting air quality leading to increasing prevalence of the air borne diseases, increasing health consciousness, burgeoning healthcare expenditure, high adoption of the air purifiers in various developing regions coupled with intensifying government regulations in various parts of the world. Moreover, MEA region along with various South American countries comprising Brazil, Chile and Paraguay have been witnessing surging pollution in the recent years, this is anticipated to propel the demand for the Air Purifiers in the future.

In terms of segmentation, market is categorized on basis of Filter Technology – By Filter Technology – HEPA, ION & Ozone, Activated Carbon). HEPA dominates the market with more than 50% share in the overall market. High efficiency rate coupled with increasing usage in vehicle mounted and portable air purifiers are anticipated to maintain the dominance of HEPA in the forecast period.

In terms of region, APAC is anticipated to witness the highest CAGR growth rate with a CAGR of around 7.76% during 2011-2015. With the industry witnessing significant growth rate, it is anticipated that the Air Purifiers market will exhibit higher CAGR in the forecast period. Gradual upsurge in the investment towards the abatement of air pollution in various regions coupled with influx of innovative air purifiers such as portable as well as vehicle mounted air purifiers is anticipated to drive the higher growth rate in the future.

The report titled Global Air Purifier Market: Trends, Opportunities and Forecasts (2016-2021) – (By Value, By Filter Technology – HEPA, ION & Ozone, Activated Carbon; By Region - North America, Europe, Asia Pacific, RoW; By Country – US, UK, Canada, China, India; Key Players; Recommendations) has analysed the potential of Global Air Purifiers market and provides statistics and information on market size, shares and trends. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the Global Air Purifiers market.
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