Press Release
Press Release
One of the principal factors propelling the South Korea air purifier market growth is the recurring episodes of 'yellow dust', also known as Asian Dust in the country. These seasonal meteorological events significantly degrade air quality levels. The dust storms originate from deserts located in Mongolia and China, carrying sand as well as a variety of pollutants and microorganisms eastward.
Such occurrences have led South Korean residents to increasingly purchase air purifiers in order to guarantee a more salubrious indoor atmosphere. These periodic dust storms stemming from Central and East Asian deserts, coupled with their assorted airborne contaminants, have created heightened awareness among the South Korean population regarding indoor air purification.
As awareness of indoor air quality continues to grow, more individuals are investing in residential air purification systems. This upward trend stems from heightened health consciousness and a desire for purer living environments.
While commercial and industrial applications still account for sizable portions of sales, the rapid rise of domestic adoption signals a notable change in end-user preferences within the market. Manufacturers are responding to meet this demand by engineering compact, energy-efficient models customised for residential installation and use.
The increasing launches of innovative air purifiers by key players such as Koninklijke Philips N.V. (OTCMKTS: RYLPF) and Coway are aiding the market. For instance, in April 2023, Coway launched the Airmega 250 Art, an air purifier with aesthetic appeal that can fit into any indoor space’s décor. The air purifier is equipped with features like smart modes, real-time air quality indicators, filter replacement indicators, and certified Green True HEPA™ filter technology.
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The major players in the South Korea air purifier market are IQAir AG, LG Electronics, Blueair, Koninklijke Philips N.V., Samsung Electronics Co., Ltd., Coway, Dyson Limited, WINIA Electronics Co., Ltd, Cuckoo Holdings Co., Ltd., and Xiaomi Corporation, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Technology |
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Breakup by Application |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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