Authored By: Sarah
25 Jun 2024

 Air Purifier Market Size to grow by USD 7184.9 million between 2024-2028

According to a research report “ Air Purifier Market” by Application (Commercial, Residential, Industrial) Technology (HEPA, Electrostatic precipitators, Ionizers and ozone generators, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 7184.9 million, at a CAGR of  8.57% during the forecast period. The global air purifier market has experienced heightened competition, driven by advancements in technology and shifting consumer preferences. Vendors are compelled to innovate and invest in research and development to meet the evolving demands of customers. Key innovations include improved technologies, enhanced performance, expanded features, and sleek designs. Consumers increasingly seek multi-functional air purifiers that optimize resources. To cater to this trend, vendors are expanding their product offerings. Furthermore, the growing purchasing power and disposable income of consumers are fueling increased spending on air purifiers.

Browse market data tables, figures, and in-depth TOC on “Air Purifier Market” by Application (Commercial, Residential, Industrial) Technology (HEPA, Electrostatic precipitators, Ionizers and ozone generators, Others) Geography (APAC, North America, Europe, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Application, the Commercial segment is projected to dominate the market size in 2024

The HEPA (High Efficiency Particulate Air) technology is experiencing significant growth in the international air purifier market due to its effectiveness in air filtration. HEPA filters are utilized extensively in various sectors, such as medical facilities, aviation, automobiles, and residential applications. The US Department of Energy (DOE) has established stringent standards for HEPA filters, including the elimination of approximately 99.97% of particles sized 0.3 um. HEPA filters incorporate a mat of randomly arranged fibers, primarily composed of fiberglass, with a fiber diameter range of 0.5 um-2.0 um. The substantial air space between these fibers distinguishes HEPA technology.

By Technology, HEPA  segment is expected to hold the largest market size for the year 2024

In the global air purifier market, the commercial sector held a significant market share in 2023. Air purifiers are indispensable in various commercial settings, including educational institutions, shopping malls, workplaces, hospitals, hotels, theaters, and other establishments. Air purifiers equipped with activated carbon and HEPA filters are commonly used in restaurants and hotels to eliminate harmful particles, smoke, and odors, thereby enhancing indoor air quality. In healthcare facilities such as clinics and hospitals, air purifiers play a crucial role in eliminating odor-borne pathogens and allergens, ensuring optimal indoor air quality for staff and patients. The demand for air purifiers is surging in developing nations like India due to rapid urbanization, resulting in increased air pollution and the subsequent need for cleaner indoor environments.

APAC is forecasted to hold the largest market size by region in 2024

The Air Purifier Market represents a significant business opportunity due to rising health concerns and increasing awareness about indoor air quality. With the global population spending a considerable amount of time indoors, the demand for air purifiers is surging. Key players in this market are investing in research and development to introduce advanced technologies and features to cater to this growing demand. The market is expected to witness robust growth in the coming years.

The Air Purifier Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • 3M Co.
  • AllerAir Industries Inc.
  • Americair Corp.
  • AustinAir
  • Blue Star Ltd.
  • Breville Group Ltd.
  • Camfil AB
  • Daikin Industries Ltd.
  • Dyson Group Co.
  • Eureka Forbes Ltd.
  • Hamilton Beach Brands Holding Co.
  • Havells India Ltd.
  • Honeywell International Inc.
  • IQAir AG
  • Koninklijke Philips N.V.
  • LG Electronics Inc.
  • MIDEA Group Co. Ltd.
  • Panasonic Holdings Corp.
  • Samsung Electronics Co. Ltd.
  • Whirlpool Corp.
.

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Research Analysis Overview

Air pollution, whether outdoor or indoor, poses a significant threat to our health. The presence of bacteria and viruses in the air can lead to airborne infections, allergies, and respiratory issues like asthma. Urban areas are particularly affected by pollution from vehicles, industrial activities, and urban pollutants, which contain respirable particles, mold spores, cockroach allergens, dust mite, animal dander, and submicron glass fibers. Mechanical air filters, such as pleated filters and extended-surface filters, are effective in removing these pollutants. HEPA filters, in particular, are renowned for their ability to capture 99.97% of particles as small as 0.3 microns. With increasing health awareness and standards of living, air purifiers have become essential air purification solutions for individuals in both developed and developing regions. These devices help reduce exposure to airborne diseases, allergens, and urban pollutants, ensuring a healthier living environment.

Market Research Overview

The Air Purifier market is witnessing significant growth due to increasing concerns over indoor air quality and the rise of robust design air purifiers from brands like Blueair and Levoit. These devices offer noise-reducing technology, covering a wide coverage area, and removing airborne germs, harmful pollutants, and allergens such as bacteria, viruses, cockroach allergens, dust mite, animal dander, mold spores, and respirable particles. Blueair's Blue Pure Max and Levoit's Nirvana models boast unique features like mechanical air filters, pleated filters, extended-surface filters, and air quality sensors. Commercial use air purifiers are also gaining popularity in metropolises for life sciences applications and healthcare facilities. Misconceptions about air purifiers include their role in removing only odors and gases, such as those from vehicles and industrial activities. However, they also provide protection against airborne viruses, urban pollutants, and allergens, contributing to a healthier indoor environment. Smart air purifiers with UV filters, Activated carbon filters, and air quality strategies are becoming luxury items, while Mechanical air filters and ionizers offer cost-effective alternatives. Product safety, performance efficacy, and environmental impact are crucial factors in the market. The Clean Air Act and pollution campaigns aim to address outdoor air pollution, but indoor air quality remains a concern, especially in developing regions with high pollution levels and growing health awareness. Air purification solutions are essential for mitigating the effects of urban air pollution, vehicular emissions, industrial activities, and airborne diseases.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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