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According to Market Research Future (MRFR), the portable air purifier marketvaluation is poised to reach exponential heights by 2027, growing at a colossal CAGR of 7%, during the assessment period (2022–2027). Air purification technologies rely heavily on HEPA filters to curb the spread of harmful viruses and pathogens by retaining them in the filter.
The portable air purifier market is witnessing rapid revenue growth. Increasing sale of portable air purifiers is a major driving force behind the market growth. Besides, the rising use of portable air purifiers in residential and commercial setups pushes the market value.
The coronavirus pandemic promoted the need for clean and safe air. Resultantly, the adoption of air purifiers increased drastically in residential and commercial setups. The growing awareness of air purifiers’ advantages in managing asthma, allergy, and other conditions, such as pet dander, further supports the market.
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Moreover, rapid urbanization in various economies and the adoption of portable air purifiers in residential and commercial applications substantiate the market growth. Industry players strategically focus on broadening their product offering, expanding their footprints in various countries/regions. They even go for online channels to increase their sales, making their product line available online.
On the flipside, the lack of sufficient R&D investments required to upgrade existing product lines impedes market development. However, technological advances expected in the recent future would support market growth. Also, rising uses of compact, lightweight medical devices are estimated to contribute to market revenues.
Portable Air Purifier Market – Competitive Landscape
Highly competitive, the portable air purifier market appears fragmented, with several well-established players forming a competitive landscape. Mergers & acquisitions, collaborations, innovations, and brand reinforcement remain key trends for the leading players. Industry players strive to deliver reliable, leading-edge products and services.
Players leading the portable air purifier market include Panasonic Corporation (Japan), Whirlpool Corporation (US), Honeywell International Inc. (US), Levoit (US), Guardian Technologies (US), Hamilton Beach Brands Holding Company (US), Airfree (Portugal), Austin Air Systems Limited (US), Blueair (Sweden), and Real Spirit USA, Inc. (US), among others.
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Portable Air Purifier Market – Segments
The report is segmented into types, applications, and regions. The type segment is sub-segmented into HEPA, active carbon, electrostatic precipitator, ion and ozone generator, and others. The application segment is divided into residential and commercial. The region segment is sub-segmented into Asia Pacific, Americas, Europe, and the Rest-of-the-World.
Portable Air Purifier Market – Geographical Analysis
North America dominates the global portable air purifier market. Factors such as strict regulations and considerable spending on health & wellness substantiate the market value. Also, the high awareness for measures to manage asthma, allergy, pet dander, and other airborne conditions creates substantial market demand.
Moreover, the presence of notable air purifier manufacturers in the region, such as Guardian Technologies, Levoit, Hamilton Beach, Honeywell, and Whirlpool, substantiates the growth of the regional market.
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)
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Sept. 28, 2021 — AirLabs, the atmospheric chemistry & airflow experts, launched a Personal Portable Air Purifier –AirBubbl. The new air purifier is powerful and proven to remove airborne human coronavirus particles and particle and gas pollutants. AirBubbl is a truly portable purifier designed to transition from houses to vehicles, offices to hotels, or anywhere people want to breathe safe, clean air.
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Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR’s methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
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