The Global Air Purifiers Market is Projected to Cross $ 59 Billion by 2021
Being categorized a luxury product a few years back, air purifiers are fast emerging as a necessity product across the globe, especially in developed economies. With increasing industrialization and expanding vehicle fleet, the quality of air across the globe is degrading at an alarming rate. Moreover, rising CO2 emissions, due to increasing number of industries as well as mounting vehicular fleet, is further leading to rise in the number of air borne diseases
In addition, coal used in thermal power generation and as a fuel source in households across many emerging and underdeveloped economies, is significantly deteriorating indoor air quality. Due to depleting air quality, people are increasingly countering health risks such as asthma, lung cancer and other respiratory and cardiovascular diseases. In view of these factors, the demand for air purifiers has been increasing globally over the last few years.