Air Purifier Market Size to Worth Around USD 25.10 Billion by 2030

According To Beyond Market Insights, The Global Air Purifier Market Was Worth USD 13.17 Billion In 2022 And is likely to Grow To USD 25.10 Billion By 2030, With A Compound Annual Growth Rate (CAGR) Of 8.4 % Over The Forecast Years From 2023 To 2030.

Austin, March 23, 2023 (GLOBE NEWSWIRE) -- Global Air Purifier Market Soars as Demand for Clean Indoor Air Surges Amidst Rising Pollution Concerns.

Air Purifier Market Overview:

Air purifiers are portable devices that combine an internal filter and fan to pull unwanted particles from the air in a specific room. Globally, rapid urbanization and population growth have the effects of increased population and airborne emissions of hazardous gases and volatile chemicals. Most air purifiers employ a passive monitoring system that necessitates manual data entering at specified intervals. Active monitoring systems, which may automatically gather and transmit data over a wireless network, are only occasionally found in air purifiers. These prospects can be attributed to several factors, including increasing pollution, growing public health awareness, population growth, rising disposable income, and government investments in better air quality management and monitoring.

Growing Demand for Clean Air Boosts Global Air Purifier Market Growth.

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The air purifier market has been growing steadily in recent years due to increasing concerns about air pollution and its effects on health. Here are some key insights, growth factors, opportunities, and challenges in the air purifier market:

Key Insights:

HEPA (High-Efficiency Particulate Air) filters are the most popular type of air purifier filters, as they are effective at capturing small particles.

The residential sector is the largest end-user segment for air purifiers, driven by increasing awareness about indoor air pollution.

Asia-Pacific is the largest market for air purifiers, with China being the biggest contributor to the region's growth.

The COVID-19 pandemic has boosted the demand for air purifiers, as people have become more conscious about indoor air quality.

Growth Factors:

Increasing awareness about air pollution and its harmful effects on health.

Rapid urbanization and industrialization led to increased levels of air pollution.

Technological advancements in air purifier technology, such as the development of smart air purifiers that can be controlled remotely via smartphones.

Rising disposable incomes, especially in developing countries, lead to increased spending on home appliances.

Opportunities:

Development of portable air purifiers that can be easily moved from room to room.

Integration of air purifiers with HVAC systems in commercial buildings.

Increasing adoption of air purifiers in healthcare facilities to improve indoor air quality and prevent the spread of infectious diseases.

Challenges:

High cost of air purifiers, which may limit their adoption in lower-income households.

Lack of standardization in air purifier testing and certification leads to confusion among consumers about which products are most effective.

Limited awareness about the benefits of air purifiers in certain regions, particularly in developing countries.

Our comprehensive report offers a detailed analysis of the Air Purifier market, including:

Market Size and Forecast

Key Market Trends and Developments

Drivers and Challenges

Competitive Landscape Analysis

Regulatory Landscape

Opportunities and Growth Prospects

The global air purifier market is segregated based on technology, mounting type, product type, CADR, coverage area, application, and distribution channel. Based on technology, the market is divided into activated carbon, high-efficiency particulate air, ionic filters, and others. Among these, the high-efficiency particulate air segment led the market in 2021. Based on mounting type, the market is classified into fixed and portable. In 2021, the fixed category dominated the global market. Based on product type, the market is classified into the upper air, in-duct, self-contained/standalone, and others (coil & drain pans, etc.). The upper air segment dominated the market in 2021. Based on CADR, the market is classified into smoke, dust, and pollen. The smoke category dominated the market in 2021. Based on coverage area, the market is divided into below 250 sq. ft., 250-400 sq. ft., 401-700 sq. ft., and above 700 sq. ft. Below 250 sq. ft. category dominated the market in 2021. Based on the application, the market is classified into residential, retail shops, offices, healthcare facilities, hospitality, schools & educational institutions, laboratories, transport, commercial, industrial, and others. The commercial category dominated the market in 2021. Based on the distribution channel, the market is divided into online, company-owned websites, e-commerce websites, offline, hypermarkets/supermarkets, specialty stores, and others (retail stores, etc.). The specialty stores segment dominated the market in 2021.

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The global air purifier market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Asia Pacific dominated the market in 2021 due to increasing urbanization, industrialization, and population growth with increased disposable income. Increasing smog and air pollution incidences, particularly in countries like China and India, will boost air purifier usage and drive regional market expansion. South Korea's ecological balance and air quality have suffered due to growing urbanization, political policies, and rising industrialization.

Key players in the Global Air Purifier Market Include:

Honeywell International, Inc.

IQAir North America, Inc.

LG Electronics, Inc.

Aerus LLC

Unilever PLC

Daikin Industries, Ltd.

Panasonic Corporation

Koninklijke Philips N.V.

Whirlpool Corporation

Hamilton Beach Brands, Inc.

Browse Complete Air Purifier Market Report Details and Table of Contents @ https://beyondmarketinsights.com/report/air-purifier-market/

Global Air Purifier Market is segmented as follows:

Air Purifier Market by Technology (Revenue, USD Million, 2017 - 2030)

Activated Carbon

High-Efficiency Particulate Air (HEPA)

Ionic Filters

Others

Air Purifier Market by Mounting Type (Revenue, USD Million, 2017 - 2030)

Fixed

Portable

Air Purifier Market by Application (Revenue, USD Million, 2017 - 2030)

Commercial

Retail Shops

Offices

Healthcare Facilities

Hospitality

Schools & Educational Institutions

Laboratories

Transport

Others

Residential

Industrial

Air Purifier Market by Region (Revenue, USD Million, 2017 - 2030)

North America

United States

Canada

Mexico

Europe

France

United Kingdom

Spain

Germany

Italy

Rest of Europe

Asia Pacific

China

Japan

India

New Zealand

Australia

South Korea

Southeast Asia

Rest of Southeast Asia

The Middle East & Africa

Saudi Arabia

UAE

Egypt

Kuwait

South Africa

Rest of the Middle East & Africa

Latin America

Brazil

Argentina

Rest of Latin America

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Air Purifier Market Report Scope

Report Attribute

Details

Market Size Value in 2022

USD 13.17 billion

Revenue Forecast in 2030

USD 25.10 billion

Growth Rate

CAGR of 8.4 % from 2023 to 2030

Base Year for Estimation

2022

Historical Data

2017 - 2022

Forecast Years

2023 - 2030

Quantitative Units

Revenue in USD million and CAGR from 2023 to 2030

Report Coverage

Revenue forecast, company ranking, Trends competitive landscape, and growth factors

Segments Covered

Technology, Mounting Type, Application, and Region

Regional Scope

North America; Europe; Asia Pacific; Latin America; Middle East & Africa

Country Scope

U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico and Others

Key Companies Profiled

Honeywell International Inc., IQAir North America Inc., LG Electronics Inc., Aerus LLC, Unilever PLC, Daikin Industries Ltd., Panasonic Corporation, Philips, Whirlpool Corporation, and Hamilton Beach Brands Inc.

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About

Beyond Market Insights is a market research and consulting Company. The company provides syndicated research reports, customized research reports, and consulting services. BMI record is used by well-known academic institutions and Wealth 300 organizations to understand worldwide and regional business conditions. Our record landscapes thousands of statistics and in-depth analyses on 46 industries in 25 key countries globally. We help clients make knowledgeable business decisions. We deliver market intellect studies ensuring related and fact-based research across a range of businesses including chemicals, healthcare, materials, energy, and technology.

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