Global Air Purifier Market
Global Air Purifier Market was valued at USD 11.22 billion in 2020 which expected top reach USD 24.31 billion by 2030 at a CAGR 9.8% from 2020-2030.
The Air Purifier is defined as an air cleaner which eliminate air contaminates particles, such as dust, smoke, pollen, and dander to improve indoor air quality. These are also considered beneficial for people with allergies & asthmatics, and at reducing or eliminating second-hand tobacco smoke. The increase in concerns regarding poor indoor air quality and the growing ailments associated with air pollution are expected to drive the growth of global air purifier market over the forecast period.
Market Drivers
The increase in airborne diseases and the rise in pollution levels in the urban areas are expected to boost the global air purifier market. Also, the increase in health consciousness, improving standards of living as well as the growing disposable income are expected to propel the target market growth during the forecast period. The increase in adoption of air pollution control equipment, especially in developing economies across the world, is expected to be support the market throughout the forecast period.
The rise in awareness regarding the healthy lifestyle, especially among the urban youth, is anticipated to significantly contribute the growth of global air purifier market. The increase in prevalence of airborne diseases, along with the increase in air pollution levels in the United States is expected to positively influence the global air purifier market growth. The HEPA technology segment is expected to dominate the United States market throughout the forecast period as it is most effective technology for trapping harmful airborne particles.
Market Restraints
High initial installation and maintenance cost is a major restraining factor which expected to hinder the global air purifier market growth over the forecast period.
Market Segmentation
The Global Air Purifier Market is segmented into technology such as High-efficiency Particulate Air, Activated Carbon, Ionic Filters, and Others. Further, market is segmented into application such as Commercial, (Offices, Retail Shops, Healthcare Facilities, Hospitality, Schools & Educational Institutions, Transport, Others), Residential, and Industrial.
Regional Analysis
The Global Air Purifier Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The APAC region held the highest air purifier market share due to the rapid urbanization, and industrialization coupled with a growing population with increased disposable income. Moreover, the increase in smog and air pollution cases, especially in countries like India & China, are expected to increase the adoption of air purifiers, thereby complementing the regional market growth.
Key Players
Various key players are listed in this report such as Honeywell International, Inc., Carrier, Dyson, Whirlpool Corporation, Panasonic Corporation, LG Electronics, Samsung Electronics Co., Ltd., Sharp Electronics Corporation, Unilever PLC, Koninklijke Philips N.V., etc.
Market Taxonomy
By Technology
By Application
By Region
Key Questions Addressed by the Report
Global Air Purifier Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Air Purifier Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Air Purifier Market, By Technology
5.1 Y-o-Y Growth Comparison, By Technology
5.2 Global Air Purifier Market Share Analysis, By Technology
5.3 Global Air Purifier Market Size and Forecast, By Technology
5.3.1 High-efficiency Particulate Air
5.3.2 Activated Carbon
5.3.3. Ionic Filters
5.3.4. Others
6 Global Air Purifier Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Air Purifier Market Share Analysis, By Application
6.3 Global Air Purifier Market Size and Forecast, By Application
6.3.1 Commercial
6.3.1.1. Offices
6.3.1.2. Retail Shops
6.3.1.3. Healthcare Facilities
6.3.1.4. Hospitality
6.3.1.5. Schools & Educational Institutions
6.3.1.6. Transport
6.3.1.7. Others
6.3.2 Residential
6.3.3 Industrial
7 Global Air Purifier Market, By Region
7.1 Global Air Purifier Market Share Analysis, By Region
7.2 Global Air Purifier Market Share Analysis, By Region
7.3 Global Air Purifier Market Size and Forecast, By Region
8 North America Air Purifier Market Analysis and Forecast (2021 – 2030)
8.1 Introduction
8.2 North America Air Purifier Market Share Analysis, By Technology
8.3 North America Air Purifier Market Size and Forecast, By Application
8.4 North America Air Purifier Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Air Purifier Market Analysis and Forecast (2021 – 2030)
9.1 Introduction
9.2 Europe Air Purifier Market Share Analysis, By Technology
9.3 Europe Air Purifier Market Size and Forecast, By Application
9.4 Europe Air Purifier Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Air Purifier Market Analysis and Forecast (2021 – 2030)
10.1 Introduction
10.2 Asia Pacific Air Purifier Market Share Analysis, By Technology
10.3 Asia Pacific Air Purifier Market Size and Forecast, By Application
10.4 Asia Pacific Air Purifier Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Air Purifier Market Analysis and Forecast (2021 – 2030)
11.1 Introduction
11.2 Latin America Air Purifier Market Share Analysis, By Technology
11.3 Latin America Air Purifier Market Size and Forecast, By Application
11.4 Latin America Air Purifier Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Air Purifier Market Analysis and Forecast (2021 – 2030)
12.1 Introduction
12.2 Middle East Air Purifier Market Share Analysis, By Technology
12.3 Middle East Air Purifier Market Size and Forecast, By Application
12.4 Middle East Air Purifier Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Honeywell International, Inc
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Carrier
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Dyson
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Whirlpool Corporation
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Panasonic Corporation
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 LG Electronics
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Samsung Electronics Co., Ltd
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Sharp Electronics Corporation
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Unilever PLC
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Koninklijke Philips N.V.
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies