Air Purifier Market Size overview
Air purifier market size refers to the total revenue or sales volume generated by air purifier manufacturers within a specific period, typically measured annually. Factors influencing market size include consumer demand, technological advancements, regulatory policies, and economic conditions. The market size provides insights into the overall health and growth potential of the air purification industry, guiding businesses and investors in decision-making and strategic planning.
The Air Purifier Market Size is witnessing rapid revenue growth. Increasing sale of portable air purifiers is a major driving force behind the market growth. Besides, the rising use of portable air purifiers in residential and commercial setups pushes the market value.
Air Purifier Market Size was valued at USD 6.3 billion in 2022. The Air Purifier Market Size industry is projected to grow from USD 7.0 Billion in 2023 to USD 13.4 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 11.4% during the forecast period (2024 - 2030).
Clearing the Air: Dynamics of the Air Purifier Market Size
The Air Purifier Market Size is witnessing a surge in demand driven by growing concerns about indoor air quality, health consciousness, and environmental pollution. Air purifiers, designed to remove contaminants such as dust, pollen, pet dander, smoke, and pollutants from indoor air, have become essential appliances in households, offices, healthcare facilities, and commercial spaces. This article explores the key drivers, challenges, and emerging trends shaping the Air Purifier Market Size landscape.
One of the primary drivers of the Air Purifier Market Size is increasing awareness of the health risks associated with indoor air pollution. Poor indoor air quality can exacerbate respiratory ailments, trigger allergies, and have adverse effects on overall health. As individuals become more health-conscious and seek ways to improve indoor environments, the demand for air purifiers equipped with advanced filtration technologies rises. HEPA (High-Efficiency Particulate Air) filters, activated carbon filters, UV-C light sterilization, and ionizers are among the popular filtration methods incorporated into modern air purifiers market.
Market Players
- Sharp Corporation (Japan)
- Dyson (Singapore)
- Panasonic Corporation (Japan)
- Honeywell International Inc (US)
- Unilever (UK)
- Midea Group (China)
- Xiaomi Inc (China)
- COWAY CO. LTD (South Korea)
- Koninklijke Philips N.V. (the Netherlands)
- Blueair (Sweden)
- Daikin Industries Ltd (Japan)
- LakeAir (US)
- Samsung (South Korea)
- IQAir (Switzerland)
- Broad Group (China)
- AB Electrolux (Sweden)
- Whirlpool Corporation (US)
- YADU Int’l Technology (Beijing) Co. Ltd (China)
- BONECO AG (Switzerland)
- Austin Air (US)
- Airgle Corporation (US)
- Rabbit Air (US)
- Airdogusa (US)
- Levoit (US), among others
Air Purifier Market Size – Segmentation
Air Purifier Product Outlook (USD Million, 2018-2030)
- HEPA Purifiers
- UV Air Purifiers
- Activated Carbon Air Purifiers
- Ion & Ozone Generator Air Purifiers
- Others
Air Purifier Sales Channel Outlook (USD Million, 2018-2030)
- Offline
- Online
Air Purifier Regional Outlook
- North America
- Europe
- Asia-Pacific
- Rest of the World
Regional Analysis
Geographically, the Asia Pacific region dominates the air purifier market, fueled by rapid urbanization, industrial growth, and rising disposable incomes in countries such as China, India, and Southeast Asian nations. Increasing concerns about air pollution in urban centers drive the demand for residential and commercial air purifiers in the region. North America and Europe also present significant market opportunities, driven by stringent regulatory frameworks, heightened awareness of indoor air quality issues, and a strong emphasis on health and wellness.
By Region, the study provides the market insights into North America, Europe, Asia-Pacific, and Rest of the World. Asia Pacific Air Purifier Market Size accounted for USD 2.8 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. This is attributed to rapid urbanization and industrialization combined with a growing population with increased disposable income.
Further, the major countries studied in the market report are: The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
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