Argentina Air Purifier market size is projected to grow at a CAGR of 4.0% during 2020-2026

Rising awareness about health hazards related to pollution and improving living standards are the key factors that are expected to accelerate the sales of air purifiers in Argentina during the forecast period -6WResearch.

The air purifier market in Argentina is relatively newer and smaller in size than its neighboring countries as air purifiers are not that prevalent in the country owing to the government’s inadequate air quality measuring system. Various authorities revealed that several areas in Buenos Aires have air pollution levels above the recommended thresholds set by the World Health Organization (WHO). However, increasing awareness about health hazards and rising per capita income would bode well for the air purifier market in the coming years.

According to 6WResearch, Argentina Air Purifier Market size is projected to grow at a CAGR of 4.0% during 2020-2026. The majority of the players are targeting their products for the residential demographic in Argentina as air purifiers are a necessity in the air polluted regions, which has led to the increase in a number of units sold in the residential segment in 2019. As a result, the residential sector acquired the majority of the volume and revenue share in the applications segment in the country. Nevertheless, the repercussions of coronavirus would negatively impact the supply and demand side of the air purifier market in 2020 owing to the government-ordered nationwide lockdowns.

According to Kanika Arora, Senior Research Analyst, 6WResearch, “Type-I technology accounted for approximately 65% of the revenue share in the Argentina air purifier market in 2019 and is expected to grow at a comparatively healthier rate during the forecast period on account of better cost/efficiency ratio of such type of air purifiers.”

“Medium CADR air purifiers acquired the majority of the market revenue share in 2019 due to comparatively large size of rooms in Argentina. Further, this trend is expected to continue in the coming years.”, Kanika Arora further added.

According to Navneet Aggarwal, Research Analyst, 6WResearch, “Smart air purifiers are not that prevalent in Argentina, owing to the lack of established players and product-effective marketing and advertising. However, air purifiers equipped with such technologies, such as remote accessibility and particle detection, are expected to lead the industry in the coming years.”

Argentina Air Purifier Market (2020-2026)" report provides an in-depth analysis with 10 figures and 6 tables covered in more than 70 pages. The report estimates and forecasts the overall Argentina air purifier market by technology, applications, and CADR values. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, and market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.