What is the global market size of Air Purifier Market?

Air Purifier Market size was valued at USD 13.01 billion in 2021 and is poised to grow from USD 13.97 billion in 2022 to USD 25.97 billion by 2030, growing at a CAGR of 7.3% in the forecast period (2023-2030).

Air Purifier Market Size, Share, Growth Analysis, By Technology(Activated Carbon, High Efficiency Particulate Air (HEPA), Ionic Filters, others), By Application(Residential, Industrial, commercial), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Air Purifier Market?

Global air purifier market is extremely fragmented due to the presence of well-established market players, such as Panasonic Corporation, Daikin Industries Ltd., and Samsung. Prominent market players seek opportunities extend their value chain while focusing on the expansion of product portfolio, R&D investments, and M&A activities to gain a larger impetus. 'Sharp Corporation', 'Honeywell International Inc.', 'Panasonic Corporation', 'Daikin Industries, Ltd.', 'LG Electronics Inc.', 'Coway Co., Ltd.', 'Blueair AB', 'Camfil AB', 'Samsung Electronics Co., Ltd.', 'Whirlpool Corporation', 'Philips International B.V.', 'Xiaomi Corporation', 'Dyson Ltd.', '3M Company', 'Alen Corporation', 'IQAir AG', 'Molekule, Inc.', 'Austin Air Systems Limited', 'Rabbit Air', 'Winix Inc.

Q: Which region accounted for the largest share in Global Air Purifier Market?

Asia Pacific dominated the global air purifier market with a holding of more than 40.5% of the overall market in 2021, because of the several factors, including industrialization, rapid urbanization, and growing population with increased disposal income. Moreover, increasing smog and air pollution especially in developing nations such as India and China, are expected to increase the adoption of air purifiers in the region. For instance, in October 2021, Dyson launched two new air purifiers in India as seen a rise in the pollution levels in India. Dyson upgraded Dyson Purifier Hot + Cool and Dyson Purifier Cool for achieving fully-sealed HEPA 13 standard filtration.

Report ID: SQMIG25H2029 | Region: Global | Published Date: July, 2001
Pages: 242 | Tables: 64 | Figures: 75

Air Purifier Market News

In February 2022, LG Electronics announced their plan to launch new and improved PuriCare Wearable Air Purifier in Qatar. It is created with a fully automatic fan airflow control system, which helps in increasing breathing comfort and incorporates two H13 HEPA filters.
In August 2021, Panasonic Corporation started their shipments of IAQ devices, such as energy recovery ventilator systems and air purifiers, through its new manufacturing unit in Shunde District of the city of Foshan, Guangdong Province, China.
In April 2020, Daikin Industries Ltd. invested USD 2 million in U.S. based start-up company Locix Inc. to leverage its spatial for furthering its AC solutions business.

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Air Purifier Market size was valued at USD 13.01 billion in 2019 and is poised to grow from USD 13.97 billion in 2023 to USD 25.97 billion by 2031, growing at a CAGR of 7.3% in the forecast period (2024-2031).

air purifier market is extremely fragmented due to the presence of well-established market players, such as Panasonic Corporation, Daikin Industries Ltd., and Samsung. Prominent market players seek opportunities extend their value chain while focusing on the expansion of product portfolio, R&D investments, and M&A activities to gain a larger impetus. 'Sharp Corporation', 'Honeywell International Inc.', 'Panasonic Corporation', 'Daikin Industries, Ltd.', 'LG Electronics Inc.', 'Coway Co., Ltd.', 'Blueair AB', 'Camfil AB', 'Samsung Electronics Co., Ltd.', 'Whirlpool Corporation', 'Philips International B.V.', 'Xiaomi Corporation', 'Dyson Ltd.', '3M Company', 'Alen Corporation', 'IQAir AG', 'Molekule, Inc.', 'Austin Air Systems Limited', 'Rabbit Air', 'Winix Inc.'

Increasing awareness among consumers regarding health due to the mounting incidences of airborne infected diseases and viral infections. Moreover, the emergence of several life-threating epidemics such as Swine flu and Avian influenza have been fostering the growth of the air purifier over the last few decades.

Manufacturers of air purifiers are increasing their output capacity of battery-powered devices the size of a travel mug. Portable air purifiers are getting more popular in workplaces and shops. Disposable HEPA filters are continuously being replaced by removable and washable filters. Ans, by using cutting-edge technologies like photocatalytic technology and ultraviolet LEDs, pathogens and irritants are being broken down in very small and tiny particles.

Asia Pacific dominated the air purifier market with a holding of more than 40.5% of the overall market in 2021, because of the several factors, including industrialization, rapid urbanization, and growing population with increased disposal income. Moreover, increasing smog and air pollution especially in developing nations such as India and China, are expected to increase the adoption of air purifiers in the region. For instance, in October 2021, Dyson launched two new air purifiers in India as seen a rise in the pollution levels in India. Dyson upgraded Dyson Purifier Hot + Cool and Dyson Purifier Cool for achieving fully-sealed HEPA 13 standard filtration.

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Air Purifier Market Size, Share, Growth Analysis, By Technology(Activated Carbon, High Efficiency Particulate Air (HEPA), Ionic Filters, others), By Application(Residential, Industrial, commercial), By Region - Industry Forecast 2024-2031

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