Market Trends of Asia-Pacific Air Purifier Industry
Residential Segment Expected to Dominate the Market
- Residential air purifiers are devices designed for domestic use. These devices are used to remove harmful contaminants from the air in the room. These contaminations mainly include but are not limited to dust, pollens, and smoke.
- Air pollution is a growing risk factor for poor health in the area, and it is a big reason why there are so many diseases. Poor air quality is a problem in both rural and urban areas. Many cities in the region are suffering from dangerous pollution levels due to increasing industrial activities, which is likely going to drive the air purifier market in the region.
- In 2021, the total carbon dioxide emission in Asia-Pacific was about 19,978.7 million metric tons (MT), which was higher than the region's release in 2020, 19,004.7 MT. Carbon dioxide emissions in the region are going up because coal, crude oil, and natural gas are used for a lot of different things. When these things are burned, they release carbon dioxide and other harmful gases into the air.
- In India, the government and other groups have paid more attention to cleaning up household air pollution in the past few years.Several government initiatives have been launched in the past few years to reduce air pollution. This is likely going to drive the air purifier market in the country.
Due to the above reasons, it seems likely that the residential segment will lead the Asia-Pacific air purifier market during the forecast period.
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China Expected to Dominate the Market
- China, due to the rapidly increasing energy demand and an increasing number of commercial and industrial operations, causes the release of a large number of harmful gases and pollutants into the air. The country is likely to be the largest market for air purifiers in Asia-Pacific.
- Moreover, over the past two decades, China has been instrumental in driving the manufacturing sector globally. The country is a global leader in the steel, chemical, power, and cement industries and is among the top players in the petrochemical and refining industries. Such industries mostly release a vast amount of carbon dioxide and other harmful gases into the atmosphere, which may cause several health-related issues.
- In 2021, China's coal consumption was 86.17 Exajoules, which was about 67.5% of the total coal consumption of the Asia-Pacific. China's increasing share of coal consumption, which releases carbon dioxide and other gasses on burning, directly affects the country's air quality and is likely to drive the air purifier market in the country.
- Rapid industrialization and urbanization are leading to high pollution levels in major cities across China. The Ministry of Environmental Protection imposed stringent anti-pollution targets on 28 cities around Beijing, increasing the number of air purifiers installations in most residential, commercial, and industrial buildings across these cities.
- Hence, owing to the above points, China is expected to dominate the Asia-Pacific air purifier market during the forecast period.
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