According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Air Purifier Market - Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Global Air Purifier Market Analysis and Size
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.
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Some of the major players operating in the Air Purifier Market are Signify, Panasonic, Sharp Electronics, Daiken Industries, Blue Air, Honeywell International, LG Electronics, Whirlpool Corporation, Dyson Ltd., Samsung.
Air Purifier Market Growth 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.
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Market Segment and Geographical Analysis
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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