Posted On: 2020-05-07
Japan air purifier market is expected to propel on account of expanding the construction industry and increasing incidences of airborne diseases coupled with rising consciousness about consequences of air pollution on respiratory functions, eventually accelerating the sales of air purifiers in Japan during the forecast period -6WResearch.
Air purifiers have become quite prevalent in Japan in the past couple of years owing to increasing inclination towards a healthier lifestyle and increasing incidences of air-borne diseases. Moreover, pollution caused by increasing construction activity across residential, commercial, and industrial domains has increased the need for air purifiers among the consumers. Further, Japan air purifier market has been experiencing a healthier growth, however, the market would experience a slowdown in the first few months of 2020 owing to the coronavirus pandemic.
According to 6WResearch, Japan Air Purifier market size is projected to grow at a CAGR of 6.1% during 2020-2026. In Japan, consumer awareness is high about health hazards caused by air pollution, thereby, leading to the increase in sales of air purifiers in urban households. The same trend is expected to be seen in the coming years. The residential sector led the revenue and volume charts in the Japan air purifier market in 2019 as well.
According to Navneet Aggarwal, Research Analyst, 6WResearch, “Type-I technology accounted for approximately 48% revenue share in the Japan 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. Further, increasing urbanization has led to the reduction in average room sizes of the apartments and condominiums. Due to small room sizes, people prefer to purchase low CADR air purifiers in the country.”, Navneet further added.
According to Shubham Chaurasia, Research Associate, 6WResearch, “Air purifier manufacturers are investing heavily in the research and development of products which are equipped with smart features such as pollen detection and sensors detailing the types of particles hovering in the air. Many companies are developing smart air purifiers which could be controlled by consumers using Wi-fi connectivity from their mobile phones, which would eventually shift the demand from conventional air purifiers to smart ones during the forecast period. On account of the aforementioned factors, the market of smart air purifiers is anticipated to witness a healthy growth in the coming years.”
Japan 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 Japan 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.