Posted On: 2020-04-27
Increasing industrialization and carbon emissions coupled with increase in awareness about ill-effects of air pollution on respiratory organs, are the key factors expected to propel the sales of air purifiers in United Kingdom during the forecast period -6WResearch.
Increasing construction activity in urban areas is responsible for increasing ill-effects of air pollution among families in the country as dust particles from construction activities negatively affects the quality of air and make it harder to breathe. This factor would also boost the sales of air purifiers in the country in coming years.
According to 6WResearch, United Kingdom air purifier market size is projected to grow at a CAGR of 8.5% during 2020-2026. Due to recent COVID-19 outbreak, it is projected that the top 100 European corporations would see their brand value deteriorate by a whopping 1 trillion euros in 2020. The aforementioned consequence would also impact the air purifier industry in European countries, such as United Kingdom, as both the supply and demand sides would not be involved in business transactions on account of government-ordered nationwide lockdowns.
According to Kanika Arora, Senior Research Analyst, 6WResearch, “Type-I air purifiers were the most sold products in United Kingdom in the past years and the trend is expected to continue during the forecast period, owing to the low cost and easier accessibility of such air purifiers at local retail stores as compared to its other counterparts.”
“Medium CADR air purifiers are more prevalent in United Kingdom owing to the large room sizes as the average room in UK is quite spacious in comparison to countries such as China & India and a larger room size plays an important role in the decision process of buying air purifiers. For instance, United Kingdom has an average residential floor space of 53m2 per capita. Additionally, the demand for medium CADR air purifiers is projected to increase during the forecast period.”, Kanika Arora further added.
According to Navneet Aggarwal, Research Analyst, 6WResearch, “Residential sector held majority of the revenue share in the applications segment in 2019 as the consumers buying the air purifiers are more inclined towards improving the indoor air quality of their homes. Additionally, demand growth for air purifiers in the residential sector is also expected to increase at a higher rate during the forecast period.”
United Kingdom 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 forecast the overall United Kingdom 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.