Posted On: 2021-01-04
Residential end-users dominated the overall market revenue share in the Europe Air Purifier market during 2019– 6Wresearch
The surge in air pollution levels across Europe along with rising awareness about airborne diseases is likely to be the key factors driving the growth of air purifier market in Europe over the coming years. Nevertheless, the market for air purifiers witnessed subdued growth in the first half of 2020 owing to uncertainty over the pandemic and change in consumer buying patterns towards essential items. However, as consumer spending continues to shift towards health and hygiene products. The market for the aforementioned products such as air purifier is likely to increase in the coming years.
According to 6Wresearch, Europe Air Purifier Market size is projected to grow at a CAGR of 7.7% during 2020-26F. Rising disposable income combined with growing pollution levels is likely to bode well for the air purifier industry. Over the years Europe has witnessed a rising number of premature deaths due to PM 2.5 which has to led to a significant rise in awareness about air pollution and the effectiveness of air purifiers in reducing such pollutants. These factors are anticipated to support the demand for air purifiers over the forecast period.
According to Navneet Aggarwal, Research Analyst, Research and Consulting, 6Wresearch, “Rising cases of premature deaths due to air pollution has led to widespread awareness among households about the efficiency of air purifiers in providing clean and healthy lifestyle which is anticipated support the demand for air purifiers in the long run. Additionally, rising income levels and growing trend of investment in health and hygiene products is likely to bode well for the industry.”
According to Sahil Sharma, Research Analyst, Research and Consulting, 6Wresearch, “Advent of the connected home and smart living is also likely to support demand for automated products such as air purifiers in Europe. Furthermore, as urbanization and pollution levels continue to increase many countries are coming up with solutions such as mobile containerized filtration solutions and Air Labs in public spaces to reduce NO2 and PM 2.5 concentrations.”
Some of the major companies in Europe air purifier market include Dyson, Honeywell, Panasonic, Samsung, and Unilever.
"Europe air purifier market (2020-2026)" provides an in-depth analysis with 43 figures and 29 Tables covered in 138 pages. The Europe air purifier market report comprehensively covers the market by technology, CADR, distribution channel, countries, and applications. The Europe air purifier market outlook report provides an unbiased and detailed analysis of the Europe air purifier market 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.