Market Size of Asia-Pacific Air Purifier Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | > 4.00 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Asia-Pacific Air Purifier Market Analysis
The Asia-Pacific air purifier market is expected to register a CAGR of more than 4% during the forecast period.
The market was negatively impacted by the outbreak of COVID-19 due to regional lockdowns, leading to a decrease in demand for air purifiers. The market has currently rebounded from the effects of COVID-19.
- The Asia-Pacific air purifier market is likely to be driven by things like air quality getting worse and how that affects people's health.
- But the Asia-Pacific air purifier market is likely to be held back by the fact that some purifiers release ozone and other dangerous byproducts.
- The increasing actions taken by the countries in the region, such as India and South Korea, to make the air breathable are expected to create several opportunities for the Asia-Pacific air purifier market in the future.
Due to its increasing urbanization, which makes the cities more populated, China is expected to be the largest market for the Asia-Pacific air purifier during the forecast period.