Leading Smart Air Purifier Country Markets Databank
The Smart Air Purifier market was valued at $2,600.0 Million in 2020, and is projected to reach $4,671.4 Million by 2029 growing at a CAGR of 6.77% from 2021 to 2029. Europe is expected to be the highest contributor to this market, with $980.2 Million in 2020, and is anticipated to reach $1,624.3 Million by 2029, registering a CAGR of 5.81%. Asia-Pacific is anticipated to reach $1,142.4 Million by 2029 with the highest CAGR of 7.29%. Europe and North America collectively expected to account for about 69.0% share of the Smart Air Purifier market in 2020, with the former constituting around 37.7% share. Asia-Pacific and North America are expected to witness significant growth rates at a CAGR of 7.29% and 7.22% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 54.7% in the overall Smart Air Purifier market in 2020, and is anticipated to reach 57.0% by 2029.
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