Europe Air Purification Market Size, Growth Status, Analysis and Forecast 2028
The air purification market in Europe is expected to grow from
US$ 5,057.14 million in 2022 to US$ 14,144.86 million by 2028. It is estimated
to grow at a CAGR of 18.7% from 2022 to 2028.
Growth Opportunities in Developing
Countries
Europe Air Purification Market The demand for air
purification products comes from emerging countries wherein investment
prospects and the increase in the adoption of air purifiers give a positive
outlook for the market. The emerging countries are ongoing rapid urbanization
and industrialization, along with a growing population with increased
disposable income, creating a potential opportunity for air purification
products. Europe Air Purification Market The FDI Equity inflow in Manufacturing
Sectors increased 76% in FY 2021-22 to US$ 21.34 billion compared to FY 2020-21
to US$ 12.09 billion. Thus, such growth prospects in the manufacturing sector
are bringing the need for a healthy and safe working environment for the
workers, further accelerating the air purification market over the forecast
period. Thus, such growth prospects in 2021 are further anticipated to bring
more lucrative opportunities for air purification manufacturers during the
forecast period.
📚 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝
𝐒𝐚𝐦𝐩𝐥𝐞
𝐏𝐃𝐅
𝐂𝐨𝐩𝐲@
https://www.businessmarketinsights.com/sample/BMIRE00027210
Market Overview
Europe Air
Purification Market Germany, France, the UK, and Italy are among the major
economies in Europe. In Europe, the high prevalence of many respiratory
diseases due to poor air quality increased the demand for air purification. In
this context, an increasing degree of industrialization leading to increased
emission of air pollutants is also boosting the market growth. Additionally,
increasing vehicle ownership and increased adoption of air pollution control
devices, including air purification to mitigate the harmful effects of toxic
vehicle exhaust emissions, further boost the regional market. Apart from that,
a significant increase in construction activity and growing awareness of the
deterioration of indoor air quality due to synthetic building materials will
act as further growth-enhancing factors. Europe Air Purification Market In
addition, wide availability of different air purification. Multi-purpose,
smart, and compact air purification, market growth in Europe is positive. In
addition, the increasing integration of air purification with various advanced
technologies such as IoT, Wi-Fi, and Bluetooth, with automatic operation and
increased efficiency, continues to increase the demand for products in the
region. The market growth is mainly due to the growing demand for energy
efficient and high-performance air purification across the Germany.
📚𝐅𝐮𝐥𝐥
𝐑𝐞𝐩𝐨𝐫𝐭
𝐋𝐢𝐧𝐤
@ https://www.businessmarketinsights.com/reports/europe-air-purification-market
𝐓𝐡𝐞 𝐋𝐢𝐬𝐭
𝐨𝐟
𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞
Whirlpool Corporation
Camfil
DAIKIN INDUSTRIES, Ltd.
Honeywell International Inc.
Koninklijke Philips N. V
LG Electronics
Panasonic Corporation
Unilever PLC
ActivePure Technologies, LLC.
IQAir
Segments Covered
By Product Type
- Activated
Carbon Filtration
- HEPA
- Ionizer
Purifiers
- UVGI
By Application
- Commercial
- Residential
- Industrial
The Europe air purification market is a rapidly growing
industry, driven by increasing concerns about air pollution, rising health
issues associated with poor air quality, and stringent regulations concerning
environmental standards. Europe Air Purification Market Air purifiers have
become a vital part of modern living spaces and industrial settings, as people
strive to create healthier environments by removing pollutants from the air.
This demand has been further accelerated by the increasing awareness of the
impact of poor indoor air quality on human health, leading to a rise in
consumer interest and adoption of air purification systems across Europe.
The demand for clean indoor air is especially critical in workplaces, where
employees are exposed to pollutants for extended periods. As more industries
expand in developing nations, there is a heightened awareness of the need for
maintaining a healthy working environment. Many companies, particularly those
in sectors such as manufacturing, healthcare, and food processing, are
increasingly investing in air purification systems to ensure the safety and
well-being of their employees. By improving air quality, these companies not
only enhance productivity but also reduce the number of sick days taken by
employees due to respiratory illnesses or other health issues associated with
poor air quality. This shift toward better air quality standards is further
accelerating the growth of the air purification market in these regions.
The growing middle class in developing countries also plays a crucial role
in expanding the demand for air purifiers. With higher disposable incomes,
consumers in emerging economies are more willing to invest in products that
improve their quality of life, including air purifiers. As education and
awareness about the harmful effects of air pollution increase, individuals are
becoming more concerned about their health and the health of their families.
Respiratory diseases, allergies, and other health issues caused by air
pollution are becoming more prevalent, and consumers are seeking solutions to
address these concerns. This trend is particularly noticeable in metropolitan
areas, where air quality is often poor due to heavy traffic, industrial
activity, and construction.
Furthermore, the COVID-19 pandemic has heightened awareness about the
importance of clean air and indoor hygiene. In many developing countries, the
pandemic has led to a surge in demand for air purifiers as people become more
conscious of the potential transmission of viruses and bacteria through the
air. As a result, many consumers are investing in air purifiers for their homes
and offices, creating a new market for these products. The increased focus on
public health has also led to greater government support for the adoption of
air purification systems in schools, hospitals, and other public spaces,
thereby further expanding the market.
The rising disposable income and growing middle class in emerging markets
are also contributing to the affordability of air purifiers. As more consumers
in these regions gain access to air purification products, manufacturers are
able to scale their production, thereby reducing costs and making these
products more accessible to a wider population. This, in turn, fosters further
market growth. Additionally, the introduction of budget-friendly air purifier
models tailored to the needs of developing economies is helping to overcome
cost barriers, making these products more appealing to price-sensitive
consumers.
𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:
Business Market Insights is a market research platform that
provides subscription service for industry and company reports. Our research
team has extensive professional expertise in domains such as Electronics &
Semiconductor; Aerospace & Defense; Automotive & Transportation; Energy
& Power; Healthcare; Manufacturing & Construction; Food &
Beverages; Chemicals & Materials; and Technology, Media, &
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