Air Purifier Market

The global Air Purifier Market is valued at USD 12.95 Billion in 2023 and is projected to reach a value of USD 31.1 Billion by 2032 at a CAGR (Compound Annual Growth Rate) of 10.2% between 2024 and 2032.

Market Overview

An air purifier or air cleaner is a device which removes contaminants from the air in a room to improve indoor air quality.

The global Air Purifier market report provides a thorough analysis of each segment including Filtration Technology, Application, Type and for each region, and country. All the segments are studied considering historical and future trends across geographies. All the segments covers trends, market size, and forecasts, and the data is provided for the years 2020–2032. Moreover, the report also covers exhaustive analysis on competitive scenario of the global market covering in depth company profiles based on business overview, financial performance, product portfolio, business strategies, recent developments, and market share among others. In addition to that the report offers several market impacting factors such as drivers, restraints, and opportunities. Cumulatively, the report will cover all of the aspects regarding the Air Purifier market.

Market Insights

The report covers an exhaustive analysis of Air Purifier industry that includes drivers, restraints/challenges, opportunities, and segmental/regional trends among others. Apart from that, it will also cover extensive information on various marketing tools such as PEST Analysis, Porter’s Five Forces Analysis, pricing trends, SWOT analysis, and value chain analysis along with technological landscape and regulatory framework specific to Air Purifier industry.

Rising airborne diseases and increasing pollution levels in urban areas have mandated the need for air purifiers, which is estimated to create a lucrative scope for the market.

Growing health consciousness with improving standards of living are expected to fuel the market growth.

High product costs hamper the growth

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Report Coverage & Deliverables

PDF report & online dashboard will help you understand:

• Real-Time Data Updates:
• Competitor Benchmarking
• Market Trends Heatmap
• Custom Research Queries
• Market Sentiment Analysis
• Demographic and Geographic Insights

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Filtration Technology Analysis

On the basis of Filtration Technology, the market is segmented into HEPA Air Purifiers, Other Filtration Technologies (Electrostatic Precipitators (ESPs), Ionizers and Ozone Generators, etc.). HEPA held the highest share in the global Air Purifier market and is projected to witness the same trend during the forecast period.

Application Analysis

Based on Application, the market is segmented into Residential, Commercial, Industrial. Commercial accounted for the highest market share.

Regional Analysis

On the basis of region, the global Air Purifier market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The regional section is further bifurcated into key country level markets for each region. Some of the prominent country-level markets are U.S., China, Germany, France, India, and Japan. It covers market size and estimations for each segment by region and country for the years 2020–2032. Asia Pacific dominates the global Air Purifier market and is expected to continue the same trend during upcoming years. This is accredited to the presence of key market players combined with rising demand from end users.

Global Air Purifier Market: COVID-19 Impact Analysis

In 2020, swift spread of COVID-19 largely impacted the global business operations, disrupting the supply chain and impairing various industries. The global trading activities were declined severely owing to the nationwide lockdowns, international border seals, and strict social distancing measures. This had a drastic impact on the global economy, as the companies across the globe were forced to either fully close or partially close their operations, leading to disruption in the supply-demand ratio. Moreover, in 2023 several key markets such as U.S., India, and Brazil among others witnessed a second wave of COVID-19 that further disrupted the market. However, it is expected that reopening of trade activities, the market will witness steady growth in demand in the coming years. The impact of COVID-19 on the market demand is considered while estimating the current and forecast market size and growth trends for all the regions and countries.

The report provides a completely separate chapter for COVID-19 Impact Analysis. This chapter includes:

• Impact Assessment of COVID-19 Pandemic
• Pre & Post COVID-19 Market Size
• Qualitative analysis on the short term & long term impact of COVID-19 on the market
• The analysis provides foremost strategies adopted by competitors to minimize the impact of the pandemic on their business activities and scope for future developments.

Competitive Landscape

The global Air Purifier market report covers an exhaustive analysis of all the key players in the industry. This includes a business overview, extensive portfolio, business strategies, news, financial performance, length of distribution network, and geographical presence among others. In addition to that, the report also covers company market share along with in-depth strategic developments.

The key players in the global Air Purifier market include - Honeywell International, Inc., IQAir, Koninklijke Philips N.V, Unilever PLC, Sharp Electronics Corporation, Samsung Electronics Co., Ltd., LG Electronics, Panasonic Corporation, Whirlpool Corporation, Dyson, Carrier among others.

The global Air Purifier market can be categorized as Type, Application, Filtration Technology and Region.