Air Purifier Market Overview: Driving Forces Behind Rapid Growth & Expansion

How Big is the Air Purifier Market?

The Global 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.

Market Statistics

Market Size in 2023: USD 9.76 billion
Market Growth Rate (CAGR): 11.2% from 2024-2030

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Air Purifier Market Insight:

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.

Air Purifier Market Segmentation:

The 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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Competitive Landscape:

Signify
Panasonic
Sharp Electronics
Daiken Industries
Blue Air
Honeywell International
LG Electronics
Whirlpool Corporation
Dyson Ltd.
Samsung.

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

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Key Highlights of the Report:

Market Performance (2024-2030)
Strategic Recommendations
Current, Historical and Future Market Trends
Market Drivers and Leading Competitor
SWOT Analysis
Structure of the Market
Comprehensive Mapping and Recent Advancement

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