Robust market demand for air purifiers in the residential segment is encouraging the launch of customized products. The global air purifier market report presents a detailed analysis of the air purifier market size, COVID-19 recovery scenarios, key companies, and their strategies. Further, key market dynamics including trends, drivers, and challenges are provided. The report also forecasts global and regional air purifier market size across HEPA purifiers, Ionic purifiers, Active Carbon Purifiers, and Other types. It also forecasts the market outlook across residential, commercial, and industrial applications along with 24 countries.
Air Purifier Market Statistics, 2023-
Global Air Purifier Market Size Outlook, USD Billion, 2021- 2030
The market size for air purifiers is estimated at US$ 14.8 Billion in 2022. Further, over the forecast period from 2023 to 2030, the industry is poised to register a 9.97% compounded annual growth rate (CAGR) to reach a market size of US$ 31.3 Billion in 2030.
Air Purifier Industry Panorama, 2022
The global air purifier market is primarily driven by rapid urbanization in emerging countries and consumer awareness toward lower indoor air pollution. Further, developed markets are witnessing the construction of smart homes, residential building renovation, an increasing number of pets, and growing concerns about allergens, respiratory, cardiovascular, and other chronic conditions. This is encouraging both residential and commercial customers to deploy air purifiers across environments.
The key driving factors for this market include increasing pollution levels, growing awareness towards allergies, and emerging trends such as the drive towards energy-efficient purifiers, technological advancements, and growth opportunities in developing markets. However, technical limitations of air quality monitoring equipment, lower profit margins, and high R&D expenditure pose market challenges.
Increasing air pollution and degrading air quality in emerging countries are driving the sales of air purifiers to remove dust, smoke, gases, viruses, bacteria, particulate matter (PM), VOCs, and others. Increasing government support, awareness among consumers, and the launch of technologically advanced purifiers are driving sales of purifiers of variable sizes, efficiencies, and coverage areas.
During 2021, the pandemic conditions led to increased awareness among consumers. Increased purchases of air purifiers to capture pollens, air-borne allergens, sulphur oxide, nitrogen oxide, bacteria, and others. These air purifiers have been deployed widely across residential, commercial, and industrial applications.
The air purifiers industry is characterized as highly competitive with both large and small-scale players having a significant presence on the global and local front. Pricing strategies and product differentiation are among the key strategies observed in the industry. Leading companies profiled in the report include Honeywell International, Dyson Limited, Unilever Plc., Samsung Electronics, Panasonic Corp, and others. Further, strengthening production and sales base in developing markets, in particular, in the residential segment is widely observed.
Increasing deployment of smart homes in developing and developed countries
The global smart home market is one of the potential growth markets with an estimated 12% per annum growth outlook through 2030. Increasing disposable incomes, rapid penetration of the internet, drive towards energy-efficient solutions and support from governments across nations.
The surge in smart homes across markets is encouraging initiatives for reducing indoor air pollution. Household cleaning, personal care products, paints, detergents, and other indoor pollutants can release a significant volume of pollutants. High HEPA (High Energy Particle Air) filters are often deployed to remove particles. In smart homes, integrated air management solutions including air quality monitoring, air purification, safe ventilation, maintenance, and regular servicing are being increasingly marketed.
Smart homes are usually equipped with sensors to automatically monitor, analyze, and control the quality of air indoors. Smart home technology, using wireless communication, automation, IoT, remote management, and other technologies, provides information on IAQ and management of air quality through smart and connected air purifiers.
Increasing indoor air pollution and concerns among the population
Increasing urban population coupled with rapid industrialization across countries is resulting in the emission of airborne contaminants. The contaminants comprising aerosols, dust, smoke, fumes, and gases result in air pollution. Densely populated cities in developing countries such as China, India, Russia, Brazil, Mexico, and other countries are witnessing increased pollution levels, and these airborne dust particles are of particular concern as they cause multiple respirational diseases.
Asia, Oceania, and Africa have a low degree of urban population (share in total population) but are rapidly witnessing increased urbanization rates. According to the United Nations (UN), 55% of the world’s population lives in urban areas, and this is likely to increase to 68% by 2050. This rapid urbanization will result in deteriorated air quality. However, increased pollution has a negative impact on individuals, healthcare systems, ecosystem health, and economies. Further, an increase in carbon emissions across developing countries is being observed.
Accordingly, an increasing number of residential and commercial customers are likely to deploy air purifiers. Further, increasing disposable incomes of families in developing countries, the launch of products across different price ranges and custom sizes, and increasing awareness among the population in these markets will support the market for air purifiers, filters, sensors, and other air quality management systems.
The recent COVID-19 pandemic also resulted in a surge in sales of air purifiers, with consumers deploying purifiers to avoid/reduce the spread of the virus. Commercial spaces also increasingly opted for purifiers to avoid the mass spread of coronavirus. Further, post-pandemic sales of air purifiers are estimated to continue, primarily due to increased awareness among consumers.
Air Purifier Market Share Analysis- HEPA Technology dominated the global markets
The market size for air purifiers is estimated at US$ 14.8 Billion in 2022. Further, over the forecast period from 2023 to 2030, the industry is poised to register a 9.97% compounded annual growth rate (CAGR) to reach a market size of US$ 31.3 Billion in 2030.
Air Purifier Competitive Analysis
The report presents insights into 10 leading air purifier companies worldwide. Amidst growing demand for high-efficiency air purifiers, companies are focusing more on new product launches and aggressive marketing efforts to promote their products across developing and developed markets. For each company, a business description, SWOT analysis, products and services, and financial profiles are provided. The list of companies included in the research study is Honeywell International, Inc., Dyson, Carrier, Panasonic Corporation, Sharp Electronics Corporation, IQAir, Samsung Electronics Co, LG Electronics, Whirlpool Corporation, and others.
Air Purifier Market Report Segmentation
Types
Applications
Companies
Regions
1. Executive Summary
1.1 Introduction to Air Purifier Markets
1.2 Air Purifier Market Size Outlook, 2021- 2030
1.3 Growth Opportunities in Air Purifier Industry
1.4 Winning Strategies for the post-pandemic future
2. Report Guide
2.1 Market Definition and Scope
2.2 Market Segmentation
2.3 Research Methodology
2.4 Forecast Methodology
2.5 List of Abbreviations
3. Growth Opportunity Analysis
3.1 Key Air Purifier Market Trends
3.1.1 Increasing deployment of smart homes in developing and developed countries
3.1.2 Increasing indoor air pollution and concerns among the population
3.2 Key Air Purifier Market Growth Drivers
3.2.1 Government regulations for effective air pollution monitoring and control
3.2.2 Strong growth potential in developing economies
3.3 Key Air Purifier Market Growth Restraints
3.3.1 Increasing investments in R&D Activities
3.3.2 Shifting consumer preferences in air purifiers
4 Air Purifier Market Outlook – Scenario Analysis
4.1 Low Growth Case Scenario Forecasts: Air Purifier Market Size Outlook to 2030
4.2 Reference Growth Case Scenario Forecasts: Air Purifier Market Size Outlook to 2030
4.3 High Growth Case Scenario Forecasts: Air Purifier Market Size Outlook to 2030
5. Air Purifier Market Segmentation- Outlook by Type
5.1 Air Purifier Market Share Analysis by Type, 2023
5.2 HEPA Purifier Market Outlook to 2030
5.3 Ionic Purifier Market Outlook to 2030
5.4 Active Carbon Purifier Market Outlook to 2030
6. Air Purifier Market Segmentation- Outlook by Application
6.1 Air Purifier Market Share Analysis by Application, 2023
6.2 Residential: Air Purifier Market Outlook to 2030
6.3 Commercial: Air Purifier Market Outlook to 2030
6.4 Industrial: Air Purifier Market Outlook to 2030
7. North America Air Purifier Market Outlook and Opportunities to 2030
7.1 Market Snapshot, 2023
7.2 North America Air Purifier Market Growth Opportunities
7.2.1 North America Air Purifier Market Outlook by Type, 2021 to 2030
7.2.2 North America Air Purifier Market Outlook by Application, 2021 to 2030
7.2.3 North America Air Purifier Market Outlook by Country, 2021 to 2030
7.3 United States Air Purifier Market Outlook, 2021 to 2030
7.4 Canada Air Purifier Market Outlook, 2021 to 2030
7.5 Mexico Air Purifier Market Outlook, 2021 to 2030
8. Europe Air Purifier Market Outlook and Opportunities to 2030
8.1 Market Snapshot, 2023
8.2 Europe Air Purifier Market Growth Opportunities
8.2.1 Europe Air Purifier Market Outlook by Type, 2021 to 2030
8.2.2 Europe Air Purifier Market Outlook by Application, 2021 to 2030
8.2.3 Europe Air Purifier Market Outlook by Country, 2021 to 2030
8.3 Germany Air Purifier Market Outlook, 2021 to 2030
8.4 France Air Purifier Market Outlook, 2021 to 2030
8.5 United Kingdom Air Purifier Market Outlook, 2021 to 2030
8.6 Spain Air Purifier Market Outlook, 2021 to 2030
8.7 Italy Air Purifier Market Outlook, 2021 to 2030
8.8 Other Europe Air Purifier Market Outlook, 2021 to 2030
9. Asia Pacific Air Purifier Market Outlook and Opportunities to 2030
9.1 Market Snapshot, 2023
9.2 Asia Pacific Air Purifier Market Growth Opportunities
9.2.1 Asia Pacific Air Purifier Market Outlook by Type, 2021 to 2030
9.2.2 Asia Pacific Air Purifier Market Outlook by Application, 2021 to 2030
9.2.3 Asia Pacific Air Purifier Market Outlook by Country, 2021 to 2030
9.3 China Air Purifier Market Outlook, 2021 to 2030
9.4 Japan Air Purifier Market Outlook, 2021 to 2030
9.5 India Air Purifier Market Outlook, 2021 to 2030
9.6 South Korea Air Purifier Market Outlook, 2021 to 2030
9.7 Indonesia Air Purifier Market Outlook, 2021 to 2030
9.8 Other Asia Pacific Air Purifier Market Outlook, 2021 to 2030
10. South and Central America Air Purifier Market Outlook and Opportunities to 2030
10.1 Market Snapshot, 2023
10.2 South and Central America Air Purifier Market Growth Opportunities
10.2.1 South and Central America Air Purifier Market Outlook by Type, 2021 to 2030
10.2.2 South and Central America Air Purifier Market Outlook by Application, 2021 to 2030
10.2.3 South and Central America Air Purifier Market Outlook by Country, 2021 to 2030
10.3 Brazil Air Purifier Market Outlook, 2021 to 2030
10.4 Argentina Air Purifier Market Outlook, 2021 to 2030
10.5 Other Latin America Air Purifier Market Outlook, 2021 to 2030
11. Middle East and Africa Air Purifier Market Outlook and Opportunities to 2030
11.1 Market Snapshot, 2023
11.2 Middle East and Africa Air Purifier Market Growth Opportunities
11.2.1 Middle East and Africa Air Purifier Market Outlook by Type, 2021 to 2030
11.2.2 Middle East and Africa Air Purifier Market Outlook by Application, 2021 to 2030
11.2.3 Middle East and Africa Air Purifier Market Outlook by Country, 2021 to 2030
11.3 Saudi Arabia Air Purifier Market Outlook, 2021 to 2030
11.4 United Arab Emirates (the UAE) Air Purifier Market Outlook, 2021 to 2030
11.5 Other Middle East Air Purifier Market Outlook, 2021 to 2030
11.6 Egypt Air Purifier Market Outlook, 2021 to 2030
11.7 South Africa Air Purifier Market Outlook, 2021 to 2030
11.8 Other Africa Air Purifier Market Outlook, 2021 to 2030
12. Profiles of major world Air Purifier Companies
12.1 Honeywell International, Inc
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.2 Dyson
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.3 Carrier
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.4 Panasonic Corporation
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.5 Sharp Electronics Corporation
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.6 IQAir
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.7 Samsung Electronics Co
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
12.8 LG Electronics
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
12.9 Whirlpool Corporation
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
12.10 Koninklijke Philips N.V.
- Key Statistics
- Business Operations
- Products and Services Offered
- SWOT Analysis
- Financial Profile
- Financial Profile
13. Appendix
13.1 Publisher’s Expertise
13.2 List of Tables and Charts
13.3 List of Exhibits
13.4 Legal Disclaimer
Increasing deployment of smart homes in developing and developed countries, increasing indoor air pollution and concerns among the population, Government regulations for effective air pollution monitoring and control, Strong growth potential in developing economies, increasing investments in R&D Activities, Shifting consumer preferences in air purifiers, and others shape the future of the industry
The market size for air purifiers is estimated at US$ 14.8 Billion in 2022.
Over the forecast period from 2023 to 2030, the air purifiers industry is poised to register a 9.97% compounded annual growth rate (CAGR) to reach a market size of US$ 31.3 Billion in 2030.
Honeywell International, Inc., Dyson, Carrier, Panasonic Corporation, Sharp Electronics Corporation, IQAir, Samsung Electronics Co, LG Electronics, Whirlpool Corporation
The residential user segment offers potential growth opportunities for companies, encouraging new product launches