Market Insights and Analysis: Global Air Purifier Market Overview and Projections (2024-2030)
The Global Air Purifier Market size is valued at around USD 9.76 billion in 2023 and is estimated to grow at a CAGR of about 11.2% during the forecast period, i.e., 2024-30. The market depicts considerable growth during historical years and is estimated to expand in the forecast years, owing to the rising air-borne infection, industrialization, urbanization, etc., in the world. As the level of pollutants rises in the environment, individuals become aware of their effects, especially in the urban areas, and to tackle these concerns individuals are rapidly adopting air purifiers in their homes, commercial spaces, etc., which drives the demand for air purifiers in the global market
Top leading companies in the Global Air Purifier Market includes:
Signify, Panasonic, Sharp Electronics, Daiken Industries, Blue Air, Honeywell International, LG Electronics, Whirlpool Corporation, Dyson Ltd., Samsung.
Global Air Purifier Market Driver
Rising Demand for Air Purifiers as a Defence Against Airborne Diseases – The escalating prevalence of respiratory diseases linked to air pollution, such as asthma and allergies, has spurred a growing demand for air purifiers in both residential and commercial spaces. Heightened awareness of the health risks associated with airborne diseases has made people more proactive in safeguarding themselves from air pollutants & pathogens. This increased consciousness, particularly in urban areas, has led to a surge in the adoption of air purifiers as a pre-emptive measure to enhance indoor air quality and mitigate the risk of airborne illnesses.
Moreover, the global pandemic has played a pivotal role in amplifying concerns related to diseases, resulting in a significant uptick in the adoption of air purifiers as a preventive tool against pathogenic viruses, further accelerating the Air Purifier Market.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Filter Type
-High-Frequency Particulate Air (HEPA) filters
-Ionic filters
-Activated Carbon
-Electrostatic Precipitators
By Sales Channel
-Online Sales
-Offline Sales
By End Users
-Commercial
-Residential
-Industrial
-Institutional.
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Global Air Purifier Market Geographic Reach:
The Geographic Reach of the Global Air Purifier Market evaluates the spread and significance of Global Air Purifier market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
· North America: US, Canada, Mexico
· Europe: Germany, The UK, France, Scandinavia, Rest of Europe
· Asia-Pacific: China, India, Japan, South Korea, Rest of Asia-Pacific
· South America: Brazil, Argentina, Rest of South America
· Middle East & Africa: UAE, Saudi Arabia, South Africa, Rest of MEA.
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