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Jul 22, 2021 (Market Insight Reports) —
Selbyville, Delaware, The Global Portable Air Purifier Market Report provides Insightful information to the clients enhancing their basic leadership capacity identified with the global Portable Air Purifier Market business, including market dynamics, segmentation, competition, and regional growth. The strategy of expansion has been adopted by key players who are increasing their production capacities to cater to the increasing demand for various applications. Global portable air purifier market to observe growth at a CAGR of 9.12% during the forecast period of 2019-2028.

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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.

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.

Full Report At: https://www.marketstudyreport.com/reports/global-portable-air-purifier-market-2019-2028?utm_source=MarketWatch&utm_medium=Ram

TABLE OF CONTENTS

  • SUMMARY

  • IMPACT OF COVID-19

  • KEY INSIGHTS

  • PORTER’S FIVE FORCE ANALYSIS

  • THREAT OF NEW ENTRANTS

  • THREAT OF SUBSTITUTE

  • BARGAINING POWER OF BUYERS

  • BARGAINING POWER OF SUPPLIERS

  • THREAT OF COMPETITIVE RIVALRY

  • KEY MARKET STRATEGIES

  • MARKET OUTLOOK – BY PRODUCT

  • MARKET OUTLOOK – BY APPLICATION

  • MARKET – REGIONAL OUTLOOK

  • COMPETITIVE LANDSCAPE

  • RESEARCH METHODOLOGY & SCOPE

  • RESEARCH SCOPE & DELIVERABLES

  • RESEARCH METHODOLOGY

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The MarketWatch News Department was not involved in the creation of this content.