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Global Air Purifier Market Overview

The Global Air Purifier Market size is expected to grow from USD 16.38 Billion in 2023 to USD 41.19 Billion by 2032, at a CAGR of 10.79% during the forecast period (2024-2032).

In homes and restricted areas, air purifiers assist to minimise airborne pollutants such as viruses and bacteria. Portable air purifiers, on the other hand, have been proven to be insufficient in protecting against coronavirus. As a result, air purifier manufacturers are raising awareness that air cleaners should be used in conjunction with other CDC (Centers for Disease Control and Prevention) guidelines to successfully battle exposure to the unusual virus. The high-efficiency particulate air technology is likely to dominate the market throughout the forecast period because to its vital applications in semiconductor, pharmaceutical, food & beverage production, medical, and other industrial facilities. Growing air pollution has arisen as a serious concern in the highly populated Asia-Pacific area, with negative consequences for the environment, human health, and agricultural crop output. Such issues, on the other hand, are anticipated to provide a number of possibilities for the growth of air purifier market in the future.

Market Dynamics and Factors For Air Purifiers:

Drivers

Government initiatives to combat air pollution driving the market.
Several governments are focused on limiting air pollution by enacting severe indoor air quality rules and standards, which are expected to boost the market throughout the forecast period. Moreover, air pollution control efforts carried out by governments and non-governmental organizations (NGOs) throughout the world are likely to promote market growth over the forecast period. For instance, the Government of India invested more than USD 125,000 to purchase around 300 air purifiers to be installed in the capital. To combat the spread of COVID-19, governments in several nations have implemented lockdown measures. As a result, stay-at-home and work-from-home policies have increased the demand for air purifiers. Furthermore, air purifiers are in high demand from hospitals, universities, and government organizations as people look for measures to prevent the spread of the coronavirus. Also, several factors such as changing consumer tastes, decreasing indoor air quality, rising health concerns, and increased consumer knowledge of the advantages of air purifiers, are expected to drive market expansion in the coming years.     

The growth of the Air Purifier Market is attributed to the effectiveness of eliminating harmful pollutants.
Total Volatile Organic Compounds (TVOCs), particle matter (2.5-10 m), smoke, dust, hazardous chemicals, gases, and other pollutants are all reduced by using an air purifier. These purifiers are based on several filtering methods to meet the unique demands of consumers, the most popular of which is the High-efficiency Particulate Air (HEPA) technology, which has a trapping capacity of at least 99.97 percent. Air purifiers are now commonly utilized in homes, corporate and government offices, retail outlets, public areas, and other industrial infrastructures as a result of this. Also, growing consumer awareness of health issues, as well as increased usage of air purifiers in both residential and non-residential settings, are expected to drive industry expansion. Growing public knowledge of the health advantages of these filters as well as the negative impacts of breathing dirty air might help move the industry forward.

Restraints

Owning cost is the major restraining factor for the Air Purifier Market. The average price range of a quality air purifier is around USD 600-1000. Although with these prices, air purifier comes with smart options very few percentages of customers are interested in high-end and high-priced air purifiers. The spending capacity of the customer is highly dependent on whether a particular customer is willing to spend such an amount on to air purifier. Countries like India and China are big markets for air purifiers as both countries struggle to maintain healthy air quality due to the massive manufacturing industry. However, customers from India and China would choose cheaper alternatives rather than investing a large amount in such products. Therebefore, Pricing is the key factor need to be considered by manufacturers before the regional rollout of the product.  

Opportunities

Smart Air Purifiers presents a bright opportunity for the growth of the Air Purifier Market. Many air purifiers have sensors for monitoring the density of various airborne pollutants like nitrogen dioxide (NO2, a toxic gas primarily produced by car exhausts and power plants), PM2.5 (particulate matter smaller than 2.5 microns in size, such as industrial emissions and tobacco smoke), PM10 (particulate matter up to ten microns in size, including such dust, mold, and pollen), and VOC (volatile organic compounds) (volatile organic compounds, or potentially harmful gases from things like cleaning products and paint). Wi-Fi is frequently included in smart air purifiers for phone and/or voice control, as well as to gather data on the contaminants listed above and send it to a companion app so you can monitor your home's air quality. Graphs showing your air quality over time are available in certain apps. Dyson divides it down into pollutant categories, with graphs for each. Currently, many start-ups working towards affordable smart air purifiers such as CleanAir, TEQOYA, Molekule, Calistair, and UniqAir.

Challenge

Market expansion is constrained by a lack of standardization in emerging nations and the availability of counterfeit items. Furthermore, the market expansion is projected to be hampered in the foreseeable future by technological complexity and insufficient availability of replacement parts with no assurance of quality. The majority of the local air purifiers are low-quality knock-off products that do not deliver the quality and effectiveness of the product, and the high cost of the products creates an adverse effect on the general customer who wants to move to such product. A major challenge for the market is to counter the knock-off products in the market.  

Market Segmentation

By Technology, HEPA is dominating the Air Purifier Market during the forecasted period.  HEPA led the market and accounted for over 40.0% share of the global revenue in 2021. HEPA (High-Efficiency Particulate Air) filters are highly efficient in trapping airborne particles, including pollen, dust, smoke, and bio-contaminants. The high quality and reliability of HEPA filters to remove airborne particles are likely to spur product penetration in the global market. Activated carbon or activated charcoal filters constitute small pieces of carbon in powdered blocks or granular form, specially treated with oxygen, to open the pores of carbon atoms. This aids in increasing the carbon surface area and making it porous, thereby augmenting its ability to absorb airborne particles. These filters are used for absorbing gases and odors from cooking, mold, chemicals, pets, and smoke. During the purifying process, the formation of ionized air and ozone is responsible for respiratory disorders such as asthma, which is likely to restrict the technology's adoption. UV irradiation, photocatalytic oxidation, ozonation, non-thermal plasma, and electrostatic precipitators are some of the other air cleaning methods. Fine particles as small as 0.1 micron and harmful gases can be converted to safer chemicals using photocatalytic oxidation technology. VOCs, bacteria, and chemically active chemicals are all destroyed with this method (CACs)

By Application, Commercial is dominating the segment in Air Purifier Market. Hospitals, workplaces, hotels, educational institutions, movie theatres, retail malls, conference centers, and other recreational facilities are all places where air purifiers are used commercially. In hotels and restaurants, air purifiers with activated carbon and HEPA are used to remove airborne particles, smoke, and odor from the air, therefore improving the air quality. Air purifiers are used to eliminate allergens, airborne pathogens, and odor from the air and maintain indoor air quality for patients and personnel in dentistry and medical labs, veterinary hospitals, boarding kennels, animal kennels, clinics, and hospitals. The capacity of air purifiers to restrict the transmission of infectious illnesses has resulted in increased demand in various healthcare institutions throughout the world during the COVID-19 pandemic.

Players Covered in Air Purifier market are :

  • Daikin Industries Ltd. (Japan)
  • Sharp Corporation (Japan)
  • Honeywell International Inc. (US)
  • Samsung Electronics Co. Ltd. (South Korea)
  • LG Electronics Inc. (South Korea)
  • Koninklijke Philips N.V. (Netherlands)
  • Dyson (UK)
  • Unilever Group (UK)
  • Panasonic Corporation (Japan)
  • Whirlpool Corporation (US)
  • AllerAir Industries Inc. (US)
  • IQAir (Switzerland)
  • Winix Co. Ltd. (South Korea)
  • Xiaomi Corporation (China)
  • Camfil AB (Sweden)
  • Airpura Industries Inc. (Canada)
  • Airgle Corporation (US)
  • Hunter Pure Air (US)
  • Kent RO Systems Ltd. (India)
  • SHIL Limited (India)
  • IDEAL Krug & Priester GMBH & Co. KG (Germany)
  • Havells India Ltd. (India)
  • Molekule (US)
  • Carrier Global (US)
  • Coway CO. Ltd. (South Korea) and other major players.

Regional Analysis of Air Purifier Market

The Asia Pacific is dominating the Air Purifier Market. Due to many factors, including fast urbanization and industrialization, as well as a growing population with higher disposable income, Asia Pacific led the market and accounted for over 40.0 percent of worldwide revenue in 2021. Furthermore, growing smog and air pollution situations, particularly in nations like India and China, are predicted to drive air purifier usage, complementing regional market expansion. Growing urbanization, governmental policies, and increased industrialization are only a few of the causes that have harmed South Korea's ecological balance and lowered air quality. Rising public awareness of the health risks and illnesses associated with exposure to hazardous particles at work or home is expected to boost the market growth in the nation.

North America is one of the fastest-growing regions in the Air Purifier Market.  Over the projection period, the North American market is expected to grow at a CAGR of 7.2 percent. Air quality legislation such as the US EPA's establishment of national ambient air quality standards, the US Clean Air Act, and Environment Canada's comprehensive emission reduction plans are projected to provide new possibilities for air purifier producers. The increasing use of comprehensive ambient air quality monitoring systems, as well as the development and implementation of regulatory actions and the organization of air quality management programs to raise public awareness, are expected to drive up demand for air purifiers in Mexico in the coming years.

Key Developments of Air Purifier Market

  • In January 2024, Coway, a leading wellness tech company, today launched the Airmega 100 air purifier, adding an affordable. The newest product is Airmega's first cylindrical model and launches at Coway's most affordable price point ever. Whether it's reducing allergens and viruses, removing smoke, or eliminating unpleasant odors, the Airmega 100 efficiently filters harmful pollutants and purifies indoor air for healthier living.
  • In March 2023, Blueair launched an indoor air purifier variant known as Blue Pure Max. The new model of air purifiers featured minimal noise, robust design, and enhanced performance features to purify the air in rooms measuring 1,524 square feet in approximately 30 minutes.

 Air Purifier Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 16.38 Bn.

Forecast Period 2024-32 CAGR:

10.79 %

Market Size in 2032:

USD 41.19 Bn.

Segments Covered:

By Technology

  • HEPA
  • Activated Carbon
  • Ionic Filters

By Application

  • Commercial
  • Residential
  • Industrial

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Government Initiatives to Combat Air Pollution Driving the Market.

Key Market Restraints:

  • Owning Cost is the Major Restraining Factor

Key Opportunities:

  • Smart Air Purifiers Presents a Bright Opportunity for the Growth

Companies Covered in the report:

  • Daikin Industries Ltd. (Japan), Sharp Corporation (Japan), Honeywell International Inc. (US), Samsung Electronics Co. Ltd. (South Korea), LG Electronics Inc. (South Korea), and Other major players.

Chapter 1: Introduction
ā€ƒ1.1 Research Objectives
ā€ƒ1.2 Research Methodology
ā€ƒ1.3 Research Process
ā€ƒ1.4 Scope and Coverage
ā€ƒā€ƒ1.4.1 Market Definition
ā€ƒā€ƒ1.4.2 Key Questions Answered
ā€ƒ1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
ā€ƒ3.1 By Technology
ā€ƒ3.2 By Application

Chapter 4: Market Landscape
ā€ƒ4.1 Porter's Five Forces Analysis
ā€ƒā€ƒ4.1.1 Bargaining Power of Supplier
ā€ƒā€ƒ4.1.2 Threat of New Entrants
ā€ƒā€ƒ4.1.3 Threat of Substitutes
ā€ƒā€ƒ4.1.4 Competitive Rivalry
ā€ƒā€ƒ4.1.5 Bargaining Power Among Buyers
ā€ƒ4.2 Industry Value Chain Analysis
ā€ƒ4.3 Market Dynamics
ā€ƒā€ƒ4.3.1 Drivers
ā€ƒā€ƒ4.3.2 Restraints
ā€ƒā€ƒ4.3.3 Opportunities
ā€ƒā€ƒ4.5.4 Challenges
ā€ƒ4.4 Pestle Analysis
ā€ƒ4.5 Technological Roadmap
ā€ƒ4.6 Regulatory Landscape
ā€ƒ4.7 SWOT Analysis
ā€ƒ4.8 Price Trend Analysis
ā€ƒ4.9 Patent Analysis
ā€ƒ4.10 Analysis of the Impact of Covid-19
ā€ƒā€ƒ4.10.1 Impact on the Overall Market
ā€ƒā€ƒ4.10.2 Impact on the Supply Chain
ā€ƒā€ƒ4.10.3 Impact on the Key Manufacturers
ā€ƒā€ƒ4.10.4 Impact on the Pricing

Chapter 5: Air Purifier Market by Technology
ā€ƒ5.1 Air Purifier Market Overview Snapshot and Growth Engine
ā€ƒ5.2 Air Purifier Market Overview
ā€ƒ5.3 HEPA
ā€ƒā€ƒ5.3.1 Introduction and Market Overview
ā€ƒā€ƒ5.3.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ5.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ5.3.4 HEPA: Grographic Segmentation
ā€ƒ5.4 Activated Carbon
ā€ƒā€ƒ5.4.1 Introduction and Market Overview
ā€ƒā€ƒ5.4.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ5.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ5.4.4 Activated Carbon: Grographic Segmentation
ā€ƒ5.5 Ionic Filters
ā€ƒā€ƒ5.5.1 Introduction and Market Overview
ā€ƒā€ƒ5.5.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ5.5.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ5.5.4 Ionic Filters: Grographic Segmentation

Chapter 6: Air Purifier Market by Application
ā€ƒ6.1 Air Purifier Market Overview Snapshot and Growth Engine
ā€ƒ6.2 Air Purifier Market Overview
ā€ƒ6.3 Commercial
ā€ƒā€ƒ6.3.1 Introduction and Market Overview
ā€ƒā€ƒ6.3.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ6.3.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.3.4 Commercial: Grographic Segmentation
ā€ƒ6.4 Residential
ā€ƒā€ƒ6.4.1 Introduction and Market Overview
ā€ƒā€ƒ6.4.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ6.4.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.4.4 Residential: Grographic Segmentation
ā€ƒ6.5 Industrial
ā€ƒā€ƒ6.5.1 Introduction and Market Overview
ā€ƒā€ƒ6.5.2 Historic and Forecasted Market Size (2017-2032F)
ā€ƒā€ƒ6.5.3 Key Market Trends, Growth Factors and Opportunities
ā€ƒā€ƒ6.5.4 Industrial: Grographic Segmentation

Chapter 7: Company Profiles and Competitive Analysis
ā€ƒ7.1 Competitive Landscape
ā€ƒā€ƒ7.1.1 Competitive Positioning
ā€ƒā€ƒ7.1.2 Air Purifier Sales and Market Share By Players
ā€ƒā€ƒ7.1.3 Industry BCG Matrix
ā€ƒā€ƒ7.1.4 Ansoff Matrix
ā€ƒā€ƒ7.1.5 Air Purifier Industry Concentration Ratio (CR5 and HHI)
ā€ƒā€ƒ7.1.6 Top 5 Air Purifier Players Market Share
ā€ƒā€ƒ7.1.7 Mergers and Acquisitions
ā€ƒā€ƒ7.1.8 Business Strategies By Top Players
ā€ƒ7.2 DAIKIN INDUSTRIES LTD.
ā€ƒā€ƒ7.2.1 Company Overview
ā€ƒā€ƒ7.2.2 Key Executives
ā€ƒā€ƒ7.2.3 Company Snapshot
ā€ƒā€ƒ7.2.4 Operating Business Segments
ā€ƒā€ƒ7.2.5 Product Portfolio
ā€ƒā€ƒ7.2.6 Business Performance
ā€ƒā€ƒ7.2.7 Key Strategic Moves and Recent Developments
ā€ƒā€ƒ7.2.8 SWOT Analysis
ā€ƒ7.3 SHARP CORPORATION
ā€ƒ7.4 HONEYWELL INTERNATIONAL INC.
ā€ƒ7.5 SAMSUNG ELECTRONICS CO. LTD.
ā€ƒ7.6 LG ELECTRONICS INC.
ā€ƒ7.7 KONINKLIJKE PHILIPS N.V.
ā€ƒ7.8 DYSON
ā€ƒ7.9 UNILEVER GROUP
ā€ƒ7.10 PANASONIC CORPORATION
ā€ƒ7.11 WHIRLPOOL CORPORATION
ā€ƒ7.12 ALLERAIR INDUSTRIES INC.
ā€ƒ7.13 IQAIR
ā€ƒ7.14 WINIX CO. LTD.
ā€ƒ7.15 XIAOMI CORPORATION
ā€ƒ7.17 CAMFIL AB
ā€ƒ7.17 AIRPURA INDUSTRIES INC.
ā€ƒ7.18 AIRGLE CORPORATION
ā€ƒ7.19 HUNTER PURE AIR
ā€ƒ7.20 KENT RO SYSTEMS LTD.
ā€ƒ7.21 SHIL LIMITED
ā€ƒ7.22 IDEAL KRUG & PRIESTER GMBH & CO. KG
ā€ƒ7.23 HAVELLS INDIA LTD.
ā€ƒ7.24 MOLEKULE
ā€ƒ7.25 CARRIER GLOBAL
ā€ƒ7.26 COWAY CO. LTD.
ā€ƒ7.27 OTHER MAJOR PLAYERS

Chapter 8: Global Air Purifier Market Analysis, Insights and Forecast, 2017-2032
ā€ƒ8.1 Market Overview
ā€ƒ8.2 Historic and Forecasted Market Size By Technology
ā€ƒā€ƒ8.2.1 HEPA
ā€ƒā€ƒ8.2.2 Activated Carbon
ā€ƒā€ƒ8.2.3 Ionic Filters
ā€ƒ8.3 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ8.3.1 Commercial
ā€ƒā€ƒ8.3.2 Residential
ā€ƒā€ƒ8.3.3 Industrial

Chapter 9: North America Air Purifier Market Analysis, Insights and Forecast, 2017-2032
ā€ƒ9.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ9.2 Impact of Covid-19
ā€ƒ9.3 Key Players
ā€ƒ9.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ9.4 Historic and Forecasted Market Size By Technology
ā€ƒā€ƒ9.4.1 HEPA
ā€ƒā€ƒ9.4.2 Activated Carbon
ā€ƒā€ƒ9.4.3 Ionic Filters
ā€ƒ9.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ9.5.1 Commercial
ā€ƒā€ƒ9.5.2 Residential
ā€ƒā€ƒ9.5.3 Industrial
ā€ƒ9.6 Historic and Forecast Market Size by Country
ā€ƒā€ƒ9.6.1 U.S.
ā€ƒā€ƒ9.6.2 Canada
ā€ƒā€ƒ9.6.3 Mexico

Chapter 10: Europe Air Purifier Market Analysis, Insights and Forecast, 2017-2032
ā€ƒ10.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ10.2 Impact of Covid-19
ā€ƒ10.3 Key Players
ā€ƒ10.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ10.4 Historic and Forecasted Market Size By Technology
ā€ƒā€ƒ10.4.1 HEPA
ā€ƒā€ƒ10.4.2 Activated Carbon
ā€ƒā€ƒ10.4.3 Ionic Filters
ā€ƒ10.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ10.5.1 Commercial
ā€ƒā€ƒ10.5.2 Residential
ā€ƒā€ƒ10.5.3 Industrial
ā€ƒ10.6 Historic and Forecast Market Size by Country
ā€ƒā€ƒ10.6.1 Germany
ā€ƒā€ƒ10.6.2 U.K.
ā€ƒā€ƒ10.6.3 France
ā€ƒā€ƒ10.6.4 Italy
ā€ƒā€ƒ10.6.5 Russia
ā€ƒā€ƒ10.6.6 Spain
ā€ƒā€ƒ10.6.7 Rest of Europe

Chapter 11: Asia-Pacific Air Purifier Market Analysis, Insights and Forecast, 2017-2032
ā€ƒ11.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ11.2 Impact of Covid-19
ā€ƒ11.3 Key Players
ā€ƒ11.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ11.4 Historic and Forecasted Market Size By Technology
ā€ƒā€ƒ11.4.1 HEPA
ā€ƒā€ƒ11.4.2 Activated Carbon
ā€ƒā€ƒ11.4.3 Ionic Filters
ā€ƒ11.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ11.5.1 Commercial
ā€ƒā€ƒ11.5.2 Residential
ā€ƒā€ƒ11.5.3 Industrial
ā€ƒ11.6 Historic and Forecast Market Size by Country
ā€ƒā€ƒ11.6.1 China
ā€ƒā€ƒ11.6.2 India
ā€ƒā€ƒ11.6.3 Japan
ā€ƒā€ƒ11.6.4 Singapore
ā€ƒā€ƒ11.6.5 Australia
ā€ƒā€ƒ11.6.6 New Zealand
ā€ƒā€ƒ11.6.7 Rest of APAC

Chapter 12: Middle East & Africa Air Purifier Market Analysis, Insights and Forecast, 2017-2032
ā€ƒ12.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ12.2 Impact of Covid-19
ā€ƒ12.3 Key Players
ā€ƒ12.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ12.4 Historic and Forecasted Market Size By Technology
ā€ƒā€ƒ12.4.1 HEPA
ā€ƒā€ƒ12.4.2 Activated Carbon
ā€ƒā€ƒ12.4.3 Ionic Filters
ā€ƒ12.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ12.5.1 Commercial
ā€ƒā€ƒ12.5.2 Residential
ā€ƒā€ƒ12.5.3 Industrial
ā€ƒ12.6 Historic and Forecast Market Size by Country
ā€ƒā€ƒ12.6.1 Turkey
ā€ƒā€ƒ12.6.2 Saudi Arabia
ā€ƒā€ƒ12.6.3 Iran
ā€ƒā€ƒ12.6.4 UAE
ā€ƒā€ƒ12.6.5 Africa
ā€ƒā€ƒ12.6.6 Rest of MEA

Chapter 13: South America Air Purifier Market Analysis, Insights and Forecast, 2017-2032
ā€ƒ13.1 Key Market Trends, Growth Factors and Opportunities
ā€ƒ13.2 Impact of Covid-19
ā€ƒ13.3 Key Players
ā€ƒ13.4 Key Market Trends, Growth Factors and Opportunities
ā€ƒ13.4 Historic and Forecasted Market Size By Technology
ā€ƒā€ƒ13.4.1 HEPA
ā€ƒā€ƒ13.4.2 Activated Carbon
ā€ƒā€ƒ13.4.3 Ionic Filters
ā€ƒ13.5 Historic and Forecasted Market Size By Application
ā€ƒā€ƒ13.5.1 Commercial
ā€ƒā€ƒ13.5.2 Residential
ā€ƒā€ƒ13.5.3 Industrial
ā€ƒ13.6 Historic and Forecast Market Size by Country
ā€ƒā€ƒ13.6.1 Brazil
ā€ƒā€ƒ13.6.2 Argentina
ā€ƒā€ƒ13.6.3 Rest of SA

Chapter 14 Investment Analysis

Chapter 15 Analyst Viewpoint and Conclusion

 Air Purifier Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 16.38 Bn.

Forecast Period 2024-32 CAGR:

10.79 %

Market Size in 2032:

USD 41.19 Bn.

Segments Covered:

By Technology

  • HEPA
  • Activated Carbon
  • Ionic Filters

By Application

  • Commercial
  • Residential
  • Industrial

By Region

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Government Initiatives to Combat Air Pollution Driving the Market.

Key Market Restraints:

  • Owning Cost is the Major Restraining Factor

Key Opportunities:

  • Smart Air Purifiers Presents a Bright Opportunity for the Growth

Companies Covered in the report:

  • Daikin Industries Ltd. (Japan), Sharp Corporation (Japan), Honeywell International Inc. (US), Samsung Electronics Co. Ltd. (South Korea), LG Electronics Inc. (South Korea), and Other major players.
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Frequently Asked Questions :

What would be the forecast period in the Air Purifier Market research report?

The forecast period in the Air Purifier Market research report is 2024-2032.

Who are the key players in Air Purifier Market?

Daikin Industries Ltd. (Japan), Sharp Corporation (Japan), Honeywell International Inc. (US), Samsung Electronics Co. Ltd. (South Korea), LG Electronics Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Dyson (UK), Unilever Group (UK), Panasonic Corporation (Japan), Whirlpool Corporation (US), AllerAir Industries Inc. (US), IQAir (Switzerland), Winix Co. Ltd. (South Korea), Xiaomi Corporation (China), Camfil AB (Sweden), Airpura Industries Inc. (Canada), Airgle Corporation (US), Hunter Pure Air (US), Kent RO Systems Ltd. (India), SHIL Limited (India), IDEAL Krug & Priester GMBH & Co. KG (Germany), Havells India Ltd. (India), Molekule (US), Carrier Global (US), Coway CO. Ltd. (South Korea), and other major players.

What are the segments of the Air Purifier Market?

The Air Purifier Market is segmented into Technology, Application, and region. By Technology, the market is categorized into HEPA, Activated Carbon, Ionic Filters. By Application, the market is categorized into Commercial, Residential, Industrial. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the Air Purifier Market?

In homes and restricted areas, air purifiers assist to minimise airborne pollutants such as viruses and bacteria. Portable air purifiers, on the other hand, have been proven to be insufficient in protecting against coronavirus.

How big is the Air Purifier Market?

The Global Air Purifier Market size is expected to grow from USD 16.38 Billion in 2023 to USD 41.19 Billion by 2032, at a CAGR of 10.79% during the forecast period (2024-2032).