Global Residential Portable Air Purifier Market 2018-2022
About Portable Air Purifiers
Portable air purifiers, also known as portable air cleaners, are devices that can absorb, decompose, or transform different air pollutants such as allergens, bacteria, decoration pollution PM2.5 (particulate matter having a size less than 2.5 microns), dust, formaldehyde, odors, pollen, and others. Portable air purifiers are easily movable from one room to another and they are not fixed at one place.
Technavio’s analysts forecast that the Global Residential Portable Air Purifier Market 2018-2022 to grow at a CAGR of 6.79% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of Global Residential Portable Air Purifier Market 2018-2022.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Residential Portable Air Purifier Market 2018-2022.
Technavio recognizes the following companies as the key players in the Global Residential Portable Air Purifier Market.
Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the smart-connectivity in residential portable air purifiers.”
According to the report, one driver in the market is the rise in technological innovations and portfolio extension leading to product premiumization.
Further, the report states that one challenge that might affect market growth is the increase in R&D investments and decrease in profit margin.