ENG
Air Purifier Market: Global Industry Analysis and Forecast 2030
Air Purifier Market size was valued at US$ 11.99 Bn. in 2023. And the total Air Purifier revenue is expected to grow by 8.94%
Format : PDF | Report ID : SMR_122
Air Purifier Market Definition:
An air purifier refers to a device that removes contaminating particles such as dust and pollen and filters domestic or industrial air. It is used to improve air quality and purify the air while limiting the spread of harmful residues. Air purifiers prevent various health issues caused by air pollution, such as neurological or respiratory problems.
Air Purifier Market Dynamics:
Increasing airborne infections and pollution in urban areas and increased health awareness, improved living standards and increased disposable income are driving the air purifier market growth. Increasing adoption of air pollution control devices, especially in developing regions of the world, and Increasing awareness of healthy lifestyles, especially among young people in urban areas is expected to drive the market through the forecast period.
Air purifiers can improve sleep quality and prolong life expectancy by removing most of the substances and pollutants in the air. Increasing concerns about the spread of pollution have increased the demand for air purifiers that can remove harmful allergens from the air and prevent diseases such as asthma. They are increasingly favored indoors and are driving the air purifier market growth.
Air purifiers eliminate harmful pollutants such as carbon dioxide, nitric oxide, and carbon monoxide, which are common in high-traffic areas, increase the risk of dementia and Alzheimer's disease and increase market demand.
Governments in various countries have introduced blockades to contain the COVID 19 epidemic. Therefore, the norm of staying at home and working at home further increases the demand for air purifiers. In addition, there is great demand for air purifiers from hospitals, universities, and government agencies as consumers seek ways to prevent the spread of the coronavirus. Some governments are focusing on air pollution regulation through the introduction of some strict indoor air quality regulations and standards and numerous air pollution campaigns conducted by governments and NGOs around the world are driving the air purifier market growth.
Changing lifestyle preferences, deteriorating indoor air quality, growing health concerns, and increased consumer awareness of the benefits of air purifiers. the high cost of installing and maintaining air purifiers is expected to limit the adoption of air purifiers.
Air purifiers are in high demand from the industry as they are capable of providing a sterile atmosphere to protect workers throughout the manufacturing process. Warehouses, factories, and industrial plants emit fine, abrasive dust, endangering the safety of employees and the health of local residents, and are making air purifiers popular in the construction industry.
With the outbreak of COVID-19, consumers are becoming more vigilant and cautious about their health and indoor pollutants. Demand is increasing with the advent of new high-quality cleaners that provide antiviral and antibacterial filtering, which is going to boost the Air Purifier Market growth.
To get more Insights: Request Free Sample Report
Key Developments:
In 2020, one of the world's leading technology brands, Acer Inc., announced a new "aperture cool" product line. This is a 2in1 air circulator and cleaner and recirculation cooler that purifies the air using a 3in1 HEPA filter.
In 2020, Blueair, the developer of air purifiers and a member of the Unilever Group, partnered with Accenture Plc. Accenture is thus digital for the deployment of Blueair's cloud-based Internet of Things (IoT) platform and HealthProtect, the first networked air purifier to provide 24-hour protection against bacteria and viruses. We provide a manufacturing platform.
Air Purifier Market Segment Analysis:
By Technology, HPEA dominated the market with a 41% share in Air Purifier Market. These are very effective and efficient in trapping airborne particles, including pollen dust and bio-containments. These factors are driving the growth of the segment in the market.
Activated carbon or activated carbon filters are small pieces of powder or granules that have been specially treated with oxygen to open the pores of carbon atoms. This helps increase the surface area of ??carbon to make it porous and improve its ability to absorb particles in the air. These filters are used to absorb gases and odors from cooking, mold, chemicals, pets, and smoke. This segment is expected to grow at a CAGR of 6.8% through the forecast period.
The ion filter segment in the Air Purifier Market is expected to grow at a CAGR of 5.5% through the forecast period. Ion filters do not need to be replaced frequently, which is increasing the market demand. The generation of ionized air with ozone during the cleaning process is thought to cause respiratory illnesses such as asthma and limit the use of this technology.
By Application, the commercial segment dominated the air purifier market with a 55 % share in 2023. Commercial use of air purifiers includes hospitals, offices, hotels, educational centers, cinemas, shopping malls, conference centers, and other recreational facilities. Air purifiers are used in dental and medical laboratories, veterinary clinics, animal shelters, animal shelters, clinics, and hospitals to remove allergens, airborne pathogens, and odors from the air and patients working in these facilities. And maintain the indoor air quality of the staff. Due to the ability of air purifiers to limit the spread of infectious diseases, demand is increasing in various medical facilities around the world during the COVID 19 pandemic. Hotels and restaurants use activated carbon and HEPA air purifiers to remove airborne particles, smoke, and odors from the air, improving corporate air quality.
The Industrial segment is expected to grow at a CAGR of 6 % through the forecast period. Air purifiers are used in a variety of industries, including food and beverages, printing, power plants, chemicals, petrochemicals, and manufacturing. Air purifiers help remove weld fume, asbestos, construction dust, and other particles that are harmful to employees, and leaving them untreated can have a negative impact on the environment.
Air Purifier Market Regional Insights:
The Asia Pacific region dominated the market with a 41.6% share in 2023. Rapid urbanization and industrialization, and an increase in the high disposable income population. Increased smog and air pollution outbreaks, especially in countries such as India and China are increasing acceptance of air purifiers and complement the growth of the market. Urbanization, policy, and industrialization are some of the factors that have influenced the balance of South Korea's ecosystems and the deterioration of air quality. Increased awareness of health hazards and illnesses caused by exposure to harmful particles at work and home is driving the air purifier market growth.
The North America region is expected to grow at a CAGR of 8 % through the forecast period. Air quality directives such as the introduction of national air quality standards by the US EPA, the Clean Air Act of the United States, and a comprehensive emission reduction strategy by the Canadian Ministry of the Environment. Increasing installation of comprehensive systems to monitor the quality of the surrounding air, development, and implementation of regulatory measures, and the organization of air quality management programs to raise public awareness in Mexico. These factors are expected to increase the demand for air purifiers in this region.
The objective of the report is to present a comprehensive analysis of the Global Air Purifier market to the stakeholders in the industry. The report provides trends that are most dominant in the Global Air Purifier market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Global Air Purifier Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the Global Air Purifier market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the Global Air Purifier market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Global Air Purifier market.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals are existing, who they are, and how their product quality is in the Global Air Purifier market. The report also analyses if the Global Air Purifier market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Global Air Purifier market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Global Air Purifier market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Global Air Purifier market is aided by legal factors.
Air Purifier Market Scope:
|
Air Purifier Market |
|
|
Market Size in 2023 |
USD 11.99 Bn. |
|
Market Size in 2030 |
USD 21.84 Bn. |
|
CAGR (2024-2030) |
8.94 Percent |
|
Historic Data |
2018-2022 |
|
Base Year |
2023 |
|
Forecast Period |
2024-2030 |
|
Segment Scope |
by Technology
|
|
by Application
|
|
|
by Type
|
|
|
Regional Scope |
North America- United States, Canada, and Mexico
Europe – UK, France, Germany, Italy, Spain, Sweden, Austria, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Nigeria, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America |
Air Purifier Market Key Players:
- IQAir
- Daikin
- Honeywell International, Inc.
- LG Electronics, Inc.
- Unilever PLC
- Koninklijke Philips N.V.
- Panasonic Corporation
- Hamilton Beach Brands, Inc.
- Whirlpool Corporation; Carrier
- Camfil
- Sharp Electronics Corporation
- COWAY Co., Ltd.
- Samsung Electronics Co., Ltd.
- Dyson
- Molekule
Frequently Asked Questions
Chapter 1 Scope of the Report
Chapter 2 Research Methodology
2.1.Research Type
2.2.Global Air Purifier Market: Target Audience
2.3.Global Air Purifier Market: Primary Research (As per Client Requirement)
2.4.Global Air Purifier Market: Secondary Research
Chapter 3 Executive Summary
Chapter 4 Competitive Landscape
4.1. Market Share Analysis, By Value, 2023-2030
4.1.1. Market Share Analysis, By Region, By Value, 2023-2030 (In %)
4.1.1.1.North America Market Share Analysis, By Value, 2023-2030 (In %)
4.1.1.2.Europe Market Share Analysis, By Value, 2023-2030 (In %)
4.1.1.3.Asia Pacific Market Share Analysis, By Value, 2023-2030 (In %)
4.1.1.4.South America Market Share Analysis, By Value, 2023-2030 (In %)
4.1.1.5.Middle East and Africa Market Share Analysis, By Value, 2023-2030 (In %)
4.1.2. Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.1. North America Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.1.1.USA Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.1.2.Canada Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.1.3.Mexico Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.2. Europe Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.2.1.UK Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.2.2.France Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.2.3.Germany Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.2.4.Italy Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.2.5.Spain Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.2.6.Sweden Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.2.7.Austria Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.2.8.Rest of Europe Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.3. Asia Pacific Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.3.1.China Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.3.2.India Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.3.3.Japan Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.3.4.South Korea Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.3.5.Australia Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.3.6.ASEAN Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.3.7.Rest of APAC Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.4. South America Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.4.1.Brazil Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.4.2.Argentina Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.4.3.Rest of South America Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.5. Middle East and Africa Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.5.1.South Africa Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.5.2.GCC Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.5.3.Egypt Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.5.4.Nigeria Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.2.5.5.Rest of Middle East and Africa Market Share Analysis, By Technology, By Value, 2023-2030 (In %)
4.1.3. Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4. North America Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.1.1.USA Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.1.2.Canada Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.1.3.Mexico Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.2. Europe Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.2.1.UK Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.2.2.France Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.2.3.Germany Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.2.4.Italy Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.2.5.Spain Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.2.6.Sweden Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.2.7.Austria Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.2.8.Rest of Europe Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.3. Asia Pacific Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.3.1.China Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.3.2.India Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.3.3.Japan Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.3.4.South Korea Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.3.5.Australia Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.3.6.ASEAN Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.3.7.Rest of APAC Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.4. South America Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.4.1.Brazil Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.4.2.Argentina Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.4.3.Rest of South America Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.5. Middle East and Africa Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.5.1.South Africa Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.5.2.GCC Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.5.3.Egypt Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.5.4.Nigeria Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.4.5.5.Rest of Middle East and Africa Market Share Analysis, By Application, By Value, 2023-2030 (In %)
4.1.5. Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6. North America Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.1.1.USA Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.1.2.Canada Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.1.3.Mexico Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.2. Europe Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.2.1.UK Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.2.2.France Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.2.3.Germany Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.2.4.Italy Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.2.5.Spain Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.2.6.Sweden Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.2.7.Austria Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.2.8.Rest of Europe Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.3. Asia Pacific Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.3.1.China Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.3.2.India Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.3.3.Japan Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.3.4.South Korea Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.3.5.Australia Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.3.6.ASEAN Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.3.7.Rest of APAC Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.4. South America Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.4.1.Brazil Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.4.2.Argentina Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.4.3.Rest of South America Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.5. Middle East and Africa Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.5.1.South Africa Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.5.2.GCC Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.5.3.Egypt Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.5.4.Nigeria Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.1.6.5.5.Rest of Middle East and Africa Market Share Analysis, By Type, By Value, 2023-2030 (In %)
4.2. Stellar Competition matrix
4.2.1.Global Stellar Competition Matrix
4.2.2.North America Stellar Competition Matrix
4.2.3.Europe Stellar Competition Matrix
4.2.4.Asia Pacific Stellar Competition Matrix
4.2.5.South America Stellar Competition Matrix
4.2.6.Middle East and Africa Stellar Competition Matrix
4.3. Key Players Benchmarking
4.3.1.Key Players Benchmarking by Technology, Pricing, Market Share, Investments, Expansion Plans, Physical Presence and Presence in the Market.
4.4. Mergers and Acquisitions in Industry
4.4.1.M&A by Region, Value and Strategic Intent
4.5. Market Dynamics
4.5.1.Market Drivers
4.5.2.Market Restraints
4.5.3.Market Opportunities
4.5.4.Market Challenges
4.5.5.PESTLE Analysis
4.5.6.PORTERS Five Force Analysis
4.5.7.Value Chain Analysis
Chapter 5 Global Air Purifier Market Segmentation: By Technology
5.1.Global Air Purifier Market, By Technology, Overview/Analysis, 2023-2030
5.2.Global Air Purifier Market, By Technology, By Value, Market Share (%), 2023-2030 (USD Billion)
5.3.Global Air Purifier Market, By Technology, By Value,
5.3.1.High-efficiency Particulate Air (HEPA)
5.3.2.Activated Carbon
5.3.3.Ionic Filters
5.3.4.Others
Chapter 6 Global Air Purifier Market Segmentation: By Application
6.1.Global Air Purifier Market, By Application, Overview/Analysis, 2023-2030
6.2.Global Air Purifier Market Size, By Application, By Value, Market Share (%), 2023-2030 (USD Billion)
6.3.Global Air Purifier Market, By Application, By Value,
6.3.1.Residential
6.3.2.Commercial
6.3.3.Industrial
Chapter 7 Global Air Purifier Market Segmentation: By Type
7.1.Global Air Purifier Market, By Type, Overview/Analysis, 2023-2030
7.2.Global Air Purifier Market Size, By Type, By Value, Market Share (%), 2023-2030 (USD Billion)
7.3.Global Air Purifier Market, By Type, By Value,
7.3.1.Fixed
7.3.2.Portable
Chapter 8 Global Air Purifier Market Segmentation: By Region
8.1.Global Air Purifier Market, By Region – North America
8.1.1.North America Air Purifier Market Size, By Technology, By Value, 2023-2030 (USD Billion)
8.1.2.North America Air Purifier Market Size, By Application, By Value, 2023-2030 (USD Billion)
8.1.3.North America Air Purifier Market Size, By Type, By Value, 2023-2030 (USD Billion)
8.1.4.By Country – U.S.
8.1.4.1.U.S. Air Purifier Market Size, By Technology, By Value, 2023-2030 (USD Billion)
8.1.4.2.U.S. Air Purifier Market Size, By Application, By Value, 2023-2030 (USD Billion)
8.1.4.3.U.S. Air Purifier Market Size, By Type, By Value, 2023-2030 (USD Billion)
8.1.4.4.Canada Air Purifier Market Size, By Value, 2023-2030 (USD Billion)
8.1.4.5.Mexico Air Purifier Market Size, By Value, 2023-2030 (USD Billion)
8.2. Europe Air Purifier Market Size, By Value, 2023-2030 (USD Billion)
8.2.1. UK
8.2.2.France
8.2.3.Germany
8.2.4.Italy
8.2.5.Spain
8.2.6.Sweden
8.2.7.Austria
8.2.8.Rest of Europe
8.3. Asia Pacific Air Purifier Market Size, By Value, 2023-2030 (USD Billion)
8.3.1.China
8.3.2.India
8.3.3.Japan
8.3.4.South Korea
8.3.5.Australia
8.3.6.ASEAN
8.3.7.Rest of APAC
8.4. Middle East and Africa Air Purifier Market Size, By Value, 2023-2030 (USD Billion)
8.4.1.South Africa
8.4.2.GCC
8.4.3.Egypt
8.4.4.Nigeria
8.4.5.Rest of Middle East and Africa
8.5. South America Air Purifier Market Size, By Value, 2023-2030 (USD Billion)
8.5.1.Brazil
8.5.2.Argentina
8.5.3.Rest of South America
Chapter 9 Company Profiles
9.1. Key Players
9.1.1. IQAir
9.1.1.1.Company Overview
9.1.1.2.Technology Portfolio
9.1.1.3.Financial Overview
9.1.1.4.Business Strategy
9.1.1.5.Key Developments
9.1.2.Daikin
9.1.3.Honeywell International, Inc.
9.1.4.LG Electronics, Inc.
9.1.5.Unilever PLC
9.1.6.Koninklijke Philips N.V.
9.1.7.Panasonic Corporation
9.1.8.Hamilton Beach Brands, Inc.
9.1.9.Whirlpool Corporation; Carrier
9.1.10.Camfil
9.1.11.Sharp Electronics Corporation
9.1.12.COWAY Co., Ltd.
9.1.13.Samsung Electronics Co., Ltd
9.1.14.Dyson
9.1.15.Molekule
9.2. Key Findings
9.3. Recommendations
