Air Purifier Market Report 2020-2025

By: Easy Branches Team

Apr 20 2021
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The report takes a look at the effect of the coronavirus pandemic on the Air Purifier Market. It gives us an insight on the current landscape of the market as well as market projections. The report is segmented into types, regions, applications, market demands, current trends, market share, revenue, top players and so on. It also provides growth forecasts up till 2025.

The market report covers market size, and projected growth for the next five years. It also looks at CAGR, industry analysis, trends, share, size, opportunity, and forecast.

As at 2017, the global air purifier market had a valuation of around $8.2 billion. That number is expected to rise by more than 10% from 2018-2025. The recent demand in air purifier is down to the need for more environmental friendly options. Governments and private companies are creating awareness about the need to pursue more eco-friendly options.

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The global air purifier market is propelled by government policies, initiatives and programs to combat air pollution. It is not just governments that are interested in the fight. Privately owned companies, and individuals are championing various initiatives to reduce air pollution in various parts of the world.

The world has been combating air pollution for years now. The United States Environmental Protection Agency (EPA), introduced the Clean Air Act in 1990 to control air pollution.

China is one of the world's largest emitter of air pollutants. No other country emits greenhouse gases, as much as China. To combat this, the Chinese government is working actively to implement a number of plans. In 2016, it acquired a $500 million loan from the World Bank. Such sizeable investments are playing a key role in how the country tackles its air pollution. Sequel to that, there has been an uptake in eco-friendly technological options in the country. There is a noticeable demand for air purifier. Given the number of consumers in China, the growth pattern looks positive for the market in the nearest future. On the other hand, high cost, and byproducts are the major factors affecting the growth of the Air Purifier market in the coming years.

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Sections of the Global Air Purifier Market

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