Air Purifier Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
The 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.
Markntel Advisor’s Air Purifier Market Insights report provides the current and forecast market analysis, individual leading companies’ market shares, challenges, Air Purifier Market drivers, barriers, Air Purifier Market Trends, and Key Players in Air Purifier Market.
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Air Purifier Market Dynamics: 2024-2030
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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Air Purifier Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
- 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
- By Region
- North America
- South America
- Europe
- Asia Pacific
- Middle East & Africa
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Top Companies Operating in the Air Purifier Market:
- Signify
- Panasonic
- Sharp Electronics
- Daiken Industries
- Blue Air
- Honeywell International
- LG Electronics
- Whirlpool Corporation
- Dyson Ltd.
- Samsung
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