Air Treatment Products Market - Size, Share, Outlook, and Opportunity Analysis, 2019

Air treatment products are the products that are used to remove contaminants from the air. These products clean the air by removing particulate matter, smog, and microorganism and make it clean and breathable as required. Air treatment product such as air purifiers are beneficial for the people who are suffering from many diseases such as allergy and asthma. The other products such as humidifier and dehumidifier are used to adjust moisture level in order to contain the growth level of micro-organism. These air treatment products are used in many applications such as residential, commercial, and industrial.

Market Dynamics

Increasing demand of air treatment products such as air purifier in commercial application is expected to drive market growth during the forecast period. Air purifiers are used in various commercial applications such as offices, schools, restaurants shopping malls, hospitals, conference centers, and other facilities. These air purifiers are deployed in offices to maintain indoor air quality, as poor air quality can hamper employees' health and overall productivity of the business. The office space are mostly crowded with people and deteriorating the quality of air. As a result, most office spaces are equipped with air purifiers to provide clean air by eliminating the harmful particles such as dust, bacterial and others. Thus, clean air is provided in the office and increases employee efficiency in the workplace.

Moreover, air purifiers are used in schools and research & development centers to remove airborne particles and odor from the air, and help in improving the quality of air. The growing indoor air pollution levels are driving the market growth during the forecast period. Indoor air pollution is one of the most serious threats to human health. The air filtration techniques are used to remove air pollutants and enhance indoor air quality. Pollutants such as particulates from cooking, dust, smoking, and talcum powder deteriorate the quality of the air.

Market Taxonomy

This report segments the global air treatment products market on the basis of product, application and region. On the basis of product type, the global air treatment products market is segmented into Air Purifier, Humidifier and Dehumidifier. On the basis of application, the global air treatment products market is segmented into Residential, Commercial and Industrial. On the basis of region, the global air treatment products market is segmented into North America, Europe, Asia Pacific and ROW.

Key features of the study:

This report provides an in-depth analysis of the global air treatment products market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global air treatment products market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered in the global air treatment products market are Atlas Copco AB, AMFAH Group, Samsung Electronics Co., Ltd., Winix Inc., Panasonic Corporation, De’Longhi S.p.A., Sharp Corporation, and Honeywell International Inc.
The market players are focusing on strategic collaborations to innovate and launch new products to meet the increasing needs and requirements of consumers.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global air treatment products market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global air treatment products market.

Detailed Segmentation:

Global Air Treatment Products Market, By Product Type: