Air Purifier Market Share, Size, Trends, Industry Analysis Report, By Type (High-efficiency Particulate Air (HEPA), Activated Carbon, Ionic Filters, Others); By Application; By Residential End-Use; By Region; Segment Forecast, 2024 - 2032
- Published Date:Jan-2024
- Pages: 116
- Format: PDF
- Report ID: PM1746
- Base Year: 2023
- Historical Data: 2019 – 2022
Report Outlook
The global air purifier market was valued at USD 32,069.6 million in 2023 and is expected to grow at a CAGR of 25.6% during the forecast period.
The air purifier market is poised for growth due to the rise in infections and increasing pollution levels in urban areas. The government's implementation of occupational health and safety regulations and the need for clean environments in industries like healthcare, food, and beverage will drive the demand for air purifiers.
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The increasing awareness about indoor air pollution and its impact on human health, an air purifier is a device that helps remove contaminants from the air, such as dust, pollen, pet dander, smoke particles, and volatile organic compounds (VOCs). Also, the rising concern for air quality with growing urbanization and industrialization, the levels of air pollution have increased substantially. This has increased demand for air purifiers in residential, commercial, and industrial sectors. Consumers are becoming more conscious of the air they breathe and are willing to invest in technologies that can help improve indoor air quality.
In addition, the factor contributing to the market growth is the increasing prevalence of respiratory diseases and allergies. Poor indoor air quality can exacerbate these conditions, creating a greater need for air purification solutions. Additionally, the COVID-19 pandemic has further heightened the importance of clean air and has driven the adoption of air purifiers to mitigate the spread of airborne viruses and bacteria.
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Technological advancements have also played a significant role in shaping the air purifier market. Manufacturers are constantly innovating to develop more efficient and advanced filtration systems. High-efficiency particulate air (HEPA) filters, activated carbon filters, and ionizers are commonly used in air purifiers. Smart features and IoT integration have also made air purifiers more user-friendly and convenient, further fueling the market growth.
Industry Dynamics
Growth Drivers
The favorable laws and regulations implemented by governments worldwide are playing a crucial role. Governments are increasingly focusing on worker occupational health and safety and the need for clean environments in various sectors such as healthcare, food, and beverage. These regulations create a demand for air purifiers in workplaces and industries, contributing to market growth.
In addition, there is a growing concern about health issues caused by indoor air pollution. Increasing urbanization and industrialization make indoor air quality a significant concern. Poor indoor air quality can lead to respiratory diseases, allergies, and other health problems. As a result, a rising demand for air purifiers to remove contaminants and improve indoor air quality drives the market growth.
Furthermore, the residential and commercial sectors in the Asia Pacific region are experiencing rapid growth. Countries like China, India, and Southeast Asian nations are witnessing a surge in construction activities and urban development. With the increase in population and commercial establishments, there is a growing need for air purifiers to ensure clean and healthy indoor environments. This expanding market in the Asia Pacific region is contributing significantly to the overall growth of the air purifier market.
In addition to these factors, the COVID-19 pandemic has also acted as a growth driver for the air purifier market. The pandemic has increased awareness of the importance of clean air and the need to prevent the transmission of airborne viruses. As a result, there has been a surge in demand for air purifiers in various settings such as hospitals, hotels, offices, and residential spaces. This increased adoption of air purifiers as a preventive measure against COVID-19 has further fueled market growth.
Report Segmentation
The market is primarily segmented based on type, application, residential end-use, and region.
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By Type |
By Application |
By Residential End-Use |
By Region |
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HEPA segment accounted for the largest shares in the market
HEPA (High-Efficiency Particulate Air) technology emerged as the largest segment in the market. HEPA filters are mechanical filters that allow forced air to pass through a fine-mesh filter capable of capturing harmful particles such as smoke, dust mites, pet dander, and pollen. HEPA filters are commonly used in portable air purifiers for small areas or households.
One of the key advantages of HEPA filters is their effectiveness in combating various allergies, including those triggered by pollen and dust mites, among other airborne particles.
Commercial segment accounted for the largest revenue share in the market
The commercial segment exhibits the largest revenue shares and holds dominant position in the air purifier industry. Air purifiers find extensive use in various commercial settings such as hotels, educational institutions, healthcare facilities, workplaces, shopping malls, movie theaters, and more. Specifically, air purifiers in restaurants and hotels equipped with HEPA and charcoal filter technologies are employed to effectively eliminate contaminants, odors, and smoke, improving air quality. These advanced filtration technologies create a cleaner and more pleasant environment for patrons and employees alike.
North America is expected to hold the significant revenue shares of the market in 2022
The North American regional market for air purifiers is experiencing robust growth driven by strong demand from the United States. It is projected that the market in the U.S. will reach the highest market revenue shares. Several factors contribute to this growth, including major industry players, government agencies' support, and consumers' increased awareness of the benefits of air purifiers. Additionally, the North American market benefits from easy product availability, a wide range of product offerings, and competitive marketing strategies employed by industry participants.
The Asia Pacific region is holding the largest market share in the market over the forecast period. This growth can be attributed to rapid urbanization, industrialization, and a larger population with higher disposable income. Moreover, increasing incidents of smog and air pollution, particularly in countries like China and India, are driving the adoption of air purifiers in the region. For instance, in September 2020, the "Air OK" brand, which falls under the Make-in-India air purification label, was launched. This indigenous air purifier company introduced an innovative product called "EGAPA Comprehensive," which promotes clean air.
Competitive Insight
Some of the major players operating in the global market include Unilever PLC, Honeywell International Inc., Hitech Ultraviolet Pvt. Ltd., Eureka Forbes Ltd., Daikin Industries Ltd., LG Electronics, Sharp Corp., Panasonic Corporation, American Air & Water Inc., Sharp Electronics Corporation, Samsung Electronics Co., Ltd., Whirlpool Corporation, Koninklijke Philips N.V., IQAir, Carrier, and Dyson.
Recent Developments
- In September 2022, Global air filtration solutions leader, American Air Filter Co., Inc. (AAF International), has acquired National Air Filter Service Company of New Jersey, a prominent air filtration management company. The acquisition aims to benefit customers and vendors while ensuring business continuity and strong relationships.
- In November 2021, iRobot Corp. (NASDAQ: IRBT) has acquired Aeris Cleantec AG, a leading provider of high-quality air purifiers based in Cham, Zug, Switzerland. This acquisition aligns with iRobot's mission of creating intelligent home innovations and advancing the development of thoughtful robotics that enhance people's lives.
Air Purifier Market Report Scope
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Report Attributes |
Details |
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Market size value in 2024 |
USD 43,351.6 million |
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Revenue forecast in 2032 |
USD 248,647.90 million |
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CAGR |
25.6% from 2024 – 2032 |
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Base year |
2023 |
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Historical data |
2019 – 2022 |
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Forecast period |
2024 – 2032 |
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Quantitative units |
Revenue in USD million and CAGR from 2024 to 2032 |
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Segments Covered |
By Type, By Application, By Residential End-Use, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
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Key Companies |
Unilever PLC, Honeywell International Inc., Hitech Ultraviolet Pvt. Ltd., Eureka Forbes Ltd., Daikin Industries Ltd., LG Electronics, Sharp Corp., Panasonic Corporation, American Air & Water Inc., Sharp Electronics Corporation, Samsung Electronics Co., Ltd., Whirlpool Corporation, Koninklijke Philips N.V., IQAir, Carrier, and Dyson. |
FAQ's
The global air purifier market size is expected to reach USD 248,647.90 million by 2032.
Key players in the air purifier market are Unilever PLC, Honeywell International Inc., Hitech Ultraviolet Pvt. Ltd.
North American contribute notably towards the global air purifier market.
The global air purifier market is expected to grow at a CAGR of 5.4% during the forecast period.
The air purifier market report covering key segments are type, application, residential end-use, and region.
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