China Air Purifier Market (2020-2026) | Size, Share, Growth, Analysis
China Air Purifier Market Synopsis
China Air Purifier Market is the biggest market in the Asia Pacific region owing to the alarming rate of pollution in the country. On average, 1.4 billion people are exposed to air pollution and a fraction of these people fall victim to various types of diseases such as lung inflammation and other pulmonary diseases. In recent years, the majority of global deaths from ambient air pollution occurred in East Asia and the Pacific. The aforementioned factor would contribute to the expansion of the air purifier market during the forecast period. However, a coronavirus pandemic would slow down the market in terms of the supply of the product in the first few months. While on the other hand, the demand side would also fall victim to the slowdown due to the market being closed during the lockdown period. While on the other hand, the demand side would also fall victim to the slowdown due to the market being closed during the lockdown period. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.
Air Purifier Market in China is expected to register significant revenues in the coming timeframe as a result of an increase in the need for fresh air. Urbanization and industrialization are some of the key elements playing a vital role in the Chinese economic development and as a result, are some of the demand proliferating factors for air purifiers also as pollution disrupting the respiratory health of the population of the country is the consequence of rapid industrialization and urbanization in the country and is, further, expected to leave a positive impact in bringing in superior growth patterns for the China air purifier market. Increased growth of the product in the household category is expected to drive in high demand projections for residential air purifiers units and as a result, are expected to drive the sales prospects for the air purifiers in the same and leave a positive impact on the overall market growth of the China air purifier market in the coming timeframe and the timeframe extending to the year 2027. Surging growth in the industrial sector coupled with rising respiratory disease due to rising levels of pollution is driving the China Air Purifier Market Growth.
According to 6Wresearch, China Air Purifier Market size is projected to grow at CAGR of 6.9% during 2020-2026. China worsening air quality over the last few years has increased the incidences of air-borne diseases in the country. Further, there has been an inclination toward household-based air purifiers by consumers, which has led to the growth of the residential air purifier market. Additionally, there has been an increase in demand for HPEA filtration technology as they remove air pollutants and smoke from indoors more efficiently than other types.
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