
Region:Global
Author(s):Shivani Mehra
Product Code:KROD2890
November 2024
87
Global Air Purifier Market Overview

The Air Purifier Market is divided into the following segments:
By Product Type: The global air purifier market is segmented by product type into HEPA filters, activated carbon filters, and ionic filters. In 2023, HEPA filters are indeed recognized for their effectiveness in capturing airborne particles as small as 0.3 microns, making them a standard choice in various environments such as hospitals, schools, and offices due to their efficiency in filtering pollutants and allergens.

By Region: The global air purifier market is segmented regionally into North America, Europe, APAC, Latin America, and MEA. In 2023, APAC led the market, driven by high demand in countries like China and India. China's ongoing air pollution crisis and India's government-led initiatives, such as the "Clean Air for Cities" program, have significantly boosted the market in the region. North America followed closely, with a strong focus on integrating smart home technology and eco-friendly air purifiers, particularly in the U.S.

By Application: The global air purifier market is segmented by application into residential, commercial, and industrial use. In 2023, the residential segment indeed held the largest share, primarily driven by increasing concerns about indoor air quality, particularly in urban areas that face pollution, allergens, and health crises. This trend has led to air purifiers becoming a common household item as consumers seek solutions to improve air quality in their homes.
|
Company |
Establishment Year |
Headquarters |
|
Dyson |
1993 |
Malmesbury, UK |
|
Honeywell |
1906 |
Charlotte, USA |
|
Philips |
1891 |
Amsterdam, Netherlands |
|
IQAir |
1963 |
Goldach, Switzerland |
|
Panasonic |
1918 |
Osaka, Japan |
Global Air Purifier Market Growth Drivers
Global Air Purifier Market Challenges
Global Air Purifier Market Government Initiatives
The future of the global air purifier market looks promising, with robust growth expected through 2028, driven by increasing awareness of health and wellness and the implementation of stricter government regulations on indoor air quality. As air pollution continues to rise, particularly in urban areas, consumers and businesses alike are expected to invest in advanced purification systems to ensure safer environments.
Future Trends:
|
By Product Type |
HEPA Filters Activated Carbon Filters Ionic Filters |
|
By Application |
Residential Commercial Industrial |
|
By Region |
Asia-Pacific North America Europe Others (BTL and CTL) Latin America MEA |
|
By Technology Type |
Mechanical Filtration UVGI Photocatalytic Oxidation |
1.1. Definition and Scope
1.2. Market Taxonomy
1.3. Market Growth Rate
1.4. Market Segmentation Overview
2.1. Historical Market Size
2.2. Year-on-Year Growth Analysis
2.3. Key Market Developments and Milestones
3.1. Growth Drivers
3.1.1. Rising Air Pollution
3.1.2. Increasing Health Awareness
3.1.3. Government Regulations
3.2. Challenges
3.2.1. High Installation Costs
3.2.2. Energy Consumption
3.2.3. Lack of Awareness in Emerging Markets
3.3. Opportunities
3.3.1. Rising Demand for Portable Purifiers
3.3.2. Expansion in Commercial Spaces
3.3.3. Growing Smart Home Integration
3.4. Trends
3.4.1. IoT-Enabled Air Purifiers
3.4.2. Increase in Public Space Installations
3.4.3. Portable Air Purifiers
3.5. Government Initiatives
3.5.1. Indias Clean Air for Cities Program
3.5.2. U.S. EPA Indoor Air Quality Standards
3.5.3. Chinas Indoor Air Regulations
3.6. SWOT Analysis
3.7. Stakeholder Ecosystem
3.8. Competition Ecosystem
4.1. By Product Type (in Value %)
4.1.1. HEPA Filters
4.1.2. Activated Carbon Filters
4.1.3. Ionic Filters
4.2. By Application (in Value %)
4.2.1. Residential
4.2.2. Commercial
4.2.3. Industrial
4.3. By Region (in Value %)
4.3.1. North America
4.3.2. Europe
4.3.3. APAC
4.3.4. Latin America
4.3.5. MEA
4.4. By Technology Type (in Value %)
4.4.1. Mechanical Filtration
4.4.2. UVGI
4.4.3. Photocatalytic Oxidation
4.5. By Distribution Channel (in Value %)
4.5.1. Offline Stores
4.5.2. Online Platforms
4.5.3. Specialty Stores
5.1. Detailed Profiles of Major Companies
5.1.1. Dyson
5.1.2. Honeywell
5.1.3. Philips
5.1.4. IQAir
5.1.5. Panasonic
5.1.6. Sharp Corporation
5.1.7. Samsung Electronics
5.1.8. LG Electronics
5.1.9. Xiaomi Corporation
5.1.10. Blueair
5.1.11. Levoit
5.1.12. Coway
5.1.13. Daikin
5.1.14. Winix
5.1.15. Whirlpool Corporation
5.2. Cross Comparison Parameters (No. of Employees, Headquarters, Inception Year, Revenue)
6.1. Market Share Analysis
6.2. Strategic Initiatives
6.3. Mergers and Acquisitions
6.4. Investment Analysis
6.4.1. Venture Capital Funding
6.4.2. Government Grants
6.4.3. Private Equity Investments
7.1. Air Quality Standards
7.2. Compliance Requirements
7.3. Certification Processes
8.1. Future Market Size Projections
8.2. Key Factors Driving Future Market Growth
9.1. By Product Type (in Value %)
9.2. By Application (in Value %)
9.3. By Technology Type (in Value %)
9.4. By Distribution Channel (in Value %)
9.5. By Region (in Value %)
10.1. TAM/SAM/SOM Analysis
10.2. Customer Cohort Analysis
10.3. Marketing Initiatives
10.4. White Space Opportunity Analysis
Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.
Collating statistics on the Global Air Purifier Market over the years, penetration of marketplaces and service providers ratio to compute revenue generated for the Global Air Purifier Market. We will also review service quality statistics to understand revenue generated which can ensure accuracy behind the data points shared.
Building market hypothesis and conducting CATIs with industry experts belonging to different companies to validate statistics and seek operational and financial information from company representatives.
Our team will approach multiple Air Purifier and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from Air Purifier.
The global air purifier market was valued at USD 15.93 billion in 2023, driven by increasing air pollution levels, rising health concerns, and government regulations on indoor air quality. The market is also benefiting from growing demand in both residential and commercial segments.
Challenges in the global air purifier market include high installation and maintenance costs, limited consumer awareness in emerging markets, and the energy consumption of purifiers. Additionally, sustainability concerns around the environmental impact of air purifiers pose a challenge to manufacturers.
Key players in the global air purifier market include Dyson, Honeywell, Philips, IQAir, and Panasonic. These companies lead the market through their innovative product offerings, global distribution networks, and strong focus on air quality solutions across various sectors.
Growth drivers for the global air purifier market include rising pollution levels in urban areas, increasing health awareness, particularly about respiratory issues, and government regulations that enforce indoor air quality standards. Demand for smart, energy-efficient air purifiers is also driving growth.
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