Air Purifier Industry Overview
The global air purifier market size was valued at USD 12.26 billion in 2021 and is expected to reach USD 25.97 billion by 2030. It is expected to expand at a CAGR of 8.1% from 2022 to 2030.
The market is expected to be driven by the rising airborne diseases and increasing pollution levels in urban areas. Moreover, growing health consciousness, coupled with the improving standard of living and rising disposable income, is expected to boost the market growth. The lockdown measures implemented by the governments of various countries, in light of the onset of the COVID-19 pandemic in 2020, have resulted in boosting the sales of home appliances such as air purifiers, cleaning appliances, kitchen appliances, and water filtration devices. Rising awareness regarding healthy living has contributed to the increased sales of air purifiers across the globe.
Gather more insights about the market drivers, restrains and growth of the Global Air Purifier market
The rising prevalence of airborne diseases, coupled with the increasing air pollution levels in the U.S., is anticipated to influence the market growth over the forecast period positively. The HEPA technology segment is expected to dominate the U.S. market over the forecast period as it is the most effective technology for trapping harmful airborne particles.
Several governments are focusing on regulating air pollution by introducing several stringent regulations and standards for indoor air quality, which are projected to drive the industry over the forecast period. Additionally, numerous air pollution control campaigns undertaken worldwide by governments and NGOs are expected to boost the market growth over the forecast period.
Governments of various countries have introduced lockdown measures to contain the spread of COVID-19. Thus, stay-at-home and work-from-home norms have further intensified the demand for air purifiers. Furthermore, there is a significant demand for air purifiers from hospitals, universities, and government agencies as consumers are exploring ways to avoid the spread of coronavirus.
Several factors such as changing lifestyle preferences, deteriorating indoor air quality, rising health concerns, and increasing awareness among consumers about the benefits associated with air purifiers are likely to fuel the market growth over the coming years. However, the high cost of adoption and maintenance of air purifiers are expected to limit their adoption.
Air Purifier Market Segmentation
Based on the Technology Insights, the market is segmented into High Efficiency Particulate Air (HEPA), Activated Carbon, Ionic Filters and Others.
Based on the Application Insights, the market is segmented into Commercial, Residential and Industrial.
Based on the Air Purifier Regional Insights, the market is segmented into North America, Europe, Asia Pacific, Central & South America, and Middle East & Africa
Market Share Insights:
Key Companies Profile:
The market is highly competitive due to the presence of both multinational and regional or local manufacturers. Companies in the market offer a wide range of air purifiers sold through various channels, including e-commerce websites, company-operated websites, retailers and their websites, and distributors.
Some prominent players in the global air purifier market include
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