The Air Purifier Market is being driven by Technological innovation and portfolio extension leading to product premiumization
The Air Purifier Market is expected to grow at a CAGR of 8.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 7271.8 million. In the dynamic air purifier market, the rising consumer preference for advanced and intelligent solutions presents lucrative opportunities for businesses. Smart air purifiers, characterized by user-friendly interfaces, innovative technologies, and sleek designs, are gaining significant traction. These devices boast several features that cater to the evolving needs of consumers, including Energy Star certification for energy efficiency, hassle-free maintenance through automated cleaning and alerts, and advanced alert systems that notify users of any potential issues. By integrating these features, smart air purifiers not only enhance indoor air quality but also provide users with a convenient and hassle-free experience.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
208 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.2% |
Market growth 2025-2029 |
USD 7271.8 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
7.4 |
Key countries |
US, China, Japan, South Korea, Germany, India, UK, France, Italy, and Canada |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Air Purifier Market encompasses advanced filtration technologies and air purification systems designed to enhance indoor air quality by removing airborne particles. Smart air purifiers offer real-time monitoring, automatic mode operation, fan speed control, timer setting, sleep mode, and child lock features. Filter performance is tested using the Air Quality Index, with HEPA filters boasting high effectiveness and carbon filters determining lifespan. Filter media types, airflow control, sensor sensitivity, maintenance alert systems, quiet operation modes, energy efficiency ratings, space requirements, product dimensions, material compositions, and warranty periods are essential considerations.
The Air Purifier market falls under the Small Household Appliances segment within the broader Global Household Appliances industry. Air purifiers utilize technologies such as HEPA filtration and activated carbon filters to enhance indoor air quality. HEPA filtration ensures efficient removal of particles as small as 0.3 microns, while activated carbon filters absorb gases and odors. Air purifier efficiency is measured by particle removal rates, which can reach up to 99.97%. These appliances contribute significantly to the Small Household Appliances market revenue.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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