Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Portable Air Purifier Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Portable Air Purifierindustry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Portable Air Purifier industry to benefit clients and increase the market sector. In recent years, the Portable Air Purifier industry has offered some of the most significant advantages to medicine. Major players in the Portable Air Purifier Market, including Whirlpool Corporation (US), and Hamilton Beach Brands Holding Company (US), Levoit (US), Guardian Technologies (US), Blueair (Sweden), Airfree (Portugal), Real Spirit USA, Inc. (US)and others, are attempting to increase market demand by investing in research and development operations.
Coway Co., Ltd. is a South Korean multinational manufacturer of household appliances, water purifiers, air purifiers, bidets, water softeners, and mattresses. Coway, founded and based in Seoul, is the country's largest water purifier company, with subsidiaries in Malaysia, the United States, Thailand, Indonesia, Vietnam, Europe, Japan, and China. Since 2019, the company has been a subsidiary of Netmarble and is listed on the Korea Exchange. Bidets, water purifiers and softeners, and air purifiers are all manufactured by the company. Coway has recently focused on bedroom products such as mattresses.
In 202, Coway Co., Ltd. introduced the Airmega 250 air purifier, which has a washable pre-filter, a Max2 filter, and a HEPA filter that catches up to 99.97% of airborne particles.
Rentokil Initial, headquartered in Crawley, England, is a British business services organization. It was founded in 1925 as a pest-control company, but it later expanded and diversified, partly through organic growth under Sir Clive Thompson's leadership in the 1980s and 1990s, and partly through the 1996 acquisition of BET plc, into a company that provides a wide range of facilities management services. It is a component of the FTSE 100 Index and is traded on the London Stock Exchange.
In December 2020, Rentokil Initial plc introduced the VIRUSKILLER air purifier, which has been shown to eliminate 99.99% of viruses, including coronavirus, with a single air pass. The VIRUSKILLER technology kills 99.99% of viruses with a single air pass by utilizing unique UV reactor chambers and a series of filters.