Market Insights and Analysis: Latin America Air Purifier Market Overview and Projections (2024-2030)
The Latin America Air Purifier Market size was valued at around USD 1.60 billion in 2023 and is expected to exhibit a growth rate (CAGR) of around 6.20% during the forecast period, i.e., 2024-2030. The factors attributing to the growth in demand for air purifiers in Latin American countries include the increasing Air Quality Index (AQI), rising implementation of government regulations to monitor indoor air quality, and growing health consciousness among consumers.
Top leading companies in the Latin America Air Purifier Market includes:
Bissell, Inc., Whirlpool Corporation, Camfil, DAIKIN INDUSTRIES, Ltd., Huawei Technologies Co. Ltd, Honeywell International Inc., Koninklijke Philips N.V., Philco Electronics, LG Electronics Inc., Thermomatic do Brasil Ltd., Panasonic Corporation, IQAir, Others.
Latin America Air Purifier Market Driver:
Increasing Respiratory Health Problems Amplifying Market Growth – In recent years, there has been a surge in population in Latin American nations. As per the World Bank, in 2022, the population in Argentina reached around 46 million, an increase of about 4,26,083 individuals compared to 2021. This population growth is leading to urbanization and increased demand for transportation services. As a result, the official authorities of these Latin American nations are buying shuttles & buses. These vehicles emit gases that contribute to high levels of nitrogen dioxide & carbon monoxide, causing respiratory health hazards. Therefore, to minimize exposure to air pollution, both outdoor and indoor, individuals & different industry verticals are installing air purifiers, driving the market growth.
Further, the official authorities of Latin America are also actively launching health awareness programs, which would educate more individuals about the respiratory problems caused by rising emissions. This growing health consciousness among consumers would further enhance the demand for solutions that help reduce these emissions & provide clean and breathable air, uplifting the Latin American air purifier market in the forthcoming years.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Type
-Standalone Air Purifiers- Market Size & Forecast 2019-2030, USD Million & Thousand
-Fixed/Wall-mounted- Market Size & Forecast 2019-2030, USD Million & Thousand
-Portable- Market Size & Forecast 2019-2030, USD Million & Thousand
-In-duct Air Purifiers- Market Size & Forecast 2019-2030, USD Million & Thousand
By Filter Type
-High-Frequency Particulate Air (HEPA) filters- Market Size & Forecast 2019-2030, USD Million & Thousand
-Prefilter + HEPA – Market Size & Forecast 2019-2030, USD Million & Thousand
-Prefilter + HEPA + Activated Carbon – Market Size & Forecast 2019-2030, USD Million & Thousand
-HEPA + Activated Carbon + Ionic filters- Market Size & Forecast 2019-2030, USD Million & Thousand
-Prefilter + HEPA + Electrostatic Precipitators- Market Size & Forecast 2019-2030, USD Million & Thousand
-Others- Market Size & Forecast 2019-2030, USD Million & Thousand
By Sales Channel
-Online Sales- Market Size & Forecast 2019-2030, USD Million & Thousand
-Company/Brand Websites- Market Size & Forecast 2019-2030, USD Million & Thousand
-E-commerce Websites- Market Size & Forecast 2019-2030, USD Million & Thousand
-Offline Sales- Market Size & Forecast 2019-2030, USD Million & Thousand
-Hypermarkets/Supermarkets- Market Size & Forecast 2019-2030, USD Million & Thousand
-Specialty Stores- Market Size & Forecast 2019-2030, USD Million & Thousand
By End Users
-Commercial- Market Size & Forecast 2019-2030, USD Million & Thousand
-Residential- Market Size & Forecast 2019-2030, USD Million & Thousand
-Industrial- Market Size & Forecast 2019-2030, USD Million & Thousand
-Institutional- Market Size & Forecast 2019-2030, USD Million & Thousand.
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Latin America Air Purifier Market Geographic Reach:
The Geographic Reach of the Latin America Air Purifier Market evaluates the spread and significance of Latin America Air Purifier market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- Brazil, Argentina, Mexico, Chile, Peru, Rest of Latin America.
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