Increasing air pollution and need for clean breathable air to drive the growth of global air purifier tower market
According to TechSci Research report, “Global Air Purifier Tower Market By Length (Below 40 Feet, Above 40 Feet), By Filter Type (HEPA v/s Activated Carbon), By Region, Competition, Forecast & Opportunities, 2025”, Global air purifier tower market was valued USD 2.09 Million in 2019 and is predicted to grow at CAGR of over 19.67% to reach USD 5.40 Million by 2025. Respiratory diseases are the leading causes of death worldwide. Long-term ambient air pollution exposure is the major cause and aggravating factor for many respiratory diseases like chronic obstructive pulmonary disease, asthma and lung cancer. Currently, prevention, control and cure of these diseases and promotion of respiratory health must be a top priority in the global health sector. This is the major factor driving the demand for air purifier towers as these towers can reduce air pollution effectively and contribute towards the well being of people, globally.
As per World Health Organization (WHO), in 2019, the global health expenditure increased in low- and middle-income countries by 6% and in high income countries by 4%. Spending on health is growing faster than the rest of the global economy. Governments provide an average of 51% of a country’s health spending, while more than 35% of health spending per country comes from out-of-pocket expenses. All countries are prioritizing efficient, cost-effective primary health care as the path to achieve universal health coverage and the Sustainable Development Goals, which will drive the air purifier tower market in the long term.
Browse 11 market data Tables and 42 Figures spread through 104 Pages and an in-depth TOC on“ Global Air Purifier Tower Market”
The global air purifier tower market is segmented based on length, filter type, company and region. Based on filter type, the market can be fragmented into HEPA and activated carbon. The HEPA filter type dominated the market during 2019 and is anticipated to hold its lead through the forecast years as well. This can be ascribed to the fact that HEPA is one of the most effective technology for trapping aerial particles and other pollutants.
Kurin Systems Co, ENS Clean Air (ENS Holding B.V.), Studio Roosegaarde (Studio Roosegaarde and Heijmans N.V.), Vincent Callebaut Architectures and others are some of the leading players operating in global air purifier tower market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.
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“Asia-Pacific region dominates the global air purifier tower market with a leading share in 2019. The region dominates the overall air purifier tower market owing to the presence of the world’s first air purifier tower in China. Moreover, in 2018, China installed the world’s largest smog tower to fight air pollution. It was built in Xian in Shaanxi province of northern China. Additionally, countries like India, China and South Korea are working on installing more of such towers to combat the problem of air pollution in the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global Air Purifier Tower Market By Length (Below 40 Feet, Above 40 Feet), By Filter Type (HEPA v/s Activated Carbon), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global air purifier tower market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in global air purifier tower market.
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