Project Overview
As population and industrial activities increase, so does the concentration of pollutants and impurities in the atmosphere, many of which pose risks to both physical and mental health.
The indoor air purifier market is experiencing steady growth, with a projected compound annual growth rate (CAGR) of 12% over the next five years—reaching as high as 60% in China alone. Recognizing the potential of this rapidly expanding market, Nest Labs is exploring opportunities to diversify its product lineup and enter the air purifier segment.
