Market Insights - Industry Research Report

Air Purifier Market

Air Purifier Market Size, Share, and Growth Report by Technology (Activated Carbon, High-Efficiency Particulate Air, Ionic Filters, and Others), By Mounting Type (Fixed and Portable), By Application (Commercial, Residential, Industrial), and By Region – Global and Regional Industry Overview, Market Intelligence, Premium Insights, Complete Analysis, Historical Data, and Forecasts 2023 – 2030

Air Purifier Market: Overview

The global air purifier market was worth USD 13.17 billion in 2022 and is estimated to grow to USD 25.10 billion by 2030, with a CAGR of approximately 8.4 % over the forecast period.

Air purifiers are portable devices that combine an internal filter and fan to pull unwanted particles from the air in a specific room. Increased population and airborne emissions of harmful gases and volatile materials are effects of rapid urbanization and population growth globally. Most air purifiers use a passive monitoring mechanism that requires manual data entry at predetermined intervals. Only a small percentage of air purifiers include active monitoring systems, which may automatically collect and transmit data over a wireless network. During the projection period, air purifier producers and distributors are expected to benefit significantly from marketplaces in developing nations like China, India, and Russia. Rising pollution, increased public health consciousness, rising population, rising disposable income, and government investments in better air quality management and monitoring are all to be credited for these opportunities.

Air Purifier Market Drivers:

As the globe has grown increasingly globalized, the growth of public and private infrastructure has accelerated, with major nations investing heavily in the building of seaports, airports, transportation infrastructure, and housing. Unfortunately, these projects have raised pollution levels because of the reduction in forest cover. Moreover, more people are using air conditioners in homes and businesses, increasing particulate matter emissions. As a result, there is a growing global need for air purifiers. As a result, during the forecast period, worries about environmental pollution are fueling the growth of the air purifier market.

Air Purifier Market: Restraints

Consumer needs are what essentially drive the air purification sector. Air purifier manufacturers work by learning more about the needs and specifications of their clients. On the other hand, customer expectations continually change since they favor extra benefits above the product’s core features. For instance, home air purifiers that guarantee allergen-free breathing should feature cooling capabilities. Customers choose ozone control applications and fine particulate filters over conventional air purifiers that cost the same. Therefore, the air purifier market’s expansion during the forecast period is constrained by the high costs associated with research and development.

Air Purifier Market: Segmentation

The global air purifier market has been segmented into technology, mounting type, and Application.

Based on technology, activated carbon, high-efficiency particulate air, ionic filters, and others are segments of the global air purifier market. The high-efficiency particulate air (HEPA) dominated the global market. HEPA filters are particularly good at removing airborne pollutants such as pollen, dust, smoke, and bio-contaminants. The better effectiveness and dependability of HEPA filters in eliminating airborne particles would probably aid in their growth in the international market. Activated carbon or charcoal filters are made of tiny bits of carbon in the form of powdered blocks or granules that have been suitably treated with oxygen to open the pores of the carbon atoms. As a result, the carbon has a greater surface area and becomes more porous, which enhances its ability to collect airborne particles. These filters may be used to absorb gases and aromas from cooking, mold, chemicals, pets, and smoke.

Based on application, the global air purifier market is segmented into residential, retail shops, offices, healthcare facilities, hospitality, schools & educational institutions, laboratories, transport, commercial, industrial, and others. The commercial segment dominated the global market. Hospitals, offices, hotels, schools, theatres, malls, conference centers, and other leisure facilities are among the commercial applications where air purifiers are used. Hotels and restaurants utilize air purifiers with activated carbon and HEPA to remove smoke, odor, and airborne particles from the air, enhancing the quality of the air in the spaces.

Air Purifier Market: Regional Landscape

Due to several factors, including increasing urbanization, industrialization, and population growth with rising disposable income, Asia Pacific led the market in 2021. Moreover, it is anticipated that rising smog and air pollution incidents, particularly in nations like China and India, will raise the usage of air purifiers and support regional market expansion. The ecological balance and air quality in South Korea have been harmed by reasons such as expanding urbanization, governmental decisions, and increasing industrialization. Growing public awareness of illnesses and health risks from exposure to dangerous particles at work or home is projected to favor the country’s market expansion.

Air Purifier Market: Competitive Landscape

Some of the prominent competitors dominating the global air purifier market include-
Honeywell International, Inc.
IQAir North America, Inc.
LG Electronics Inc.
Aerus LLC
Unilever PLC
Daikin Industries Ltd.
Panasonic Corporation
Whirlpool Corporation
Hamilton Beach Brands, Inc.

Recent Developments

  • February 2022: In Qatar, the new and enhanced PuriCare Wearable Air Purifier will be launched, according to a statement from LG Electronics. It has two H13 HEPA filters and a completely automatic fan airflow control system, which improves breathing comfort.
  • December 2021: A new 3-in-1 multifunctional air purifier with three modes—purify, heat, and fan—was introduced by Philips India. It has a three-layer HEPA filtration system installed.

COVID-19 Impact on Air Purifiers Market:

The demand for air purifiers in residential applications has increased because of lockdown measures to stop the spread of COVID-19 and the norms requiring work-from-home and stay-at-home arrangements. Moreover, because air purifiers can stop the spread of infectious diseases, their demand increased in healthcare and other commercial facilities during the pandemic. The COVID-19 pandemic is expected to drive the creation of new products and technological improvements, which will boost the market growth. For instance, the Aurabeat AG+ Silver Ion Plasma Sterilization Air Purifier, developed by Hong Kong-based Aurabeat Technology Limited, can get rid of more than 99.9% of COVID-19 in just 30 minutes.

Global Air Purifier Market is segmented as follows:

Air Purifier Market by Technology (Revenue, USD Million, 2017 – 2030)

  1. Activated Carbon
  2. High-Efficiency Particulate Air (HEPA)
  3. Ionic Filters
  4. Others

Air Purifier Market by Mounting Type (Revenue, USD Million, 2017 – 2030)

  1. Fixed
  2. Portable

Air Purifier Market by Application (Revenue, USD Million, 2017 – 2030)

  1. Commercial
    • Retail Shops
    • Offices
    • Healthcare Facilities
    • Hospitality
    • Schools & Educational Institutions
    • Laboratories
    • Transport
    • Others
  2. Residential
  3. Industrial

Air Purifier Market by Region (Revenue, USD Million, 2017 – 2030)

  1. North America
    • The U.S.
    • Canada
    • Mexico
  2. Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  3. Asia Pacific
    • China
    • Japan
    • India
    • New Zealand
    • Australia
    • South Korea
    • Southeast Asia
    • Rest of Southeast Asia
  4. The Middle East & Africa
    • Saudi Arabia
    • UAE
    • Egypt
    • Kuwait
    • South Africa
    • Rest of the Middle East & Africa
  5. Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
Air Purifier Market Report Scope
Report Attribute Details
Market Size Value in 2023 USD 13.17 billion
Revenue Forecast in 2030 USD 25.10 billion
Growth Rate CAGR of 8.4 % from 2023 to 2030
Base Year for Estimation 2022
Historical Data 2017 – 2022
Forecast Years 2023 – 2030
Quantitative Units Revenue in USD million and CAGR from 2023 to 2030
Report Coverage Revenue forecast, company ranking, Trends
competitive landscape, and growth factors
Segments Covered  Technology, Mounting Type, Application, and Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country Scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico and Others
Key Companies Profiled Honeywell International Inc., IQAir North America Inc., LG Electronics Inc., Aerus LLC, Unilever PLC, Daikin Industries Ltd., Panasonic Corporation, Philips, Whirlpool Corporation, and Hamilton Beach Brands Inc.

Frequently Asked Questions

The main reasons anticipated to propel the air purifier market during the forecast period are an improved standard of living, increasing disposable income, and growing health consciousness.
According to Beyond Market Insights, the global air purifier market was worth $13.17 billion in 2022 and is estimated to grow to $25.10 billion by 2030, with a CAGR of around 8.4 % over the forecast period.
Due to several factors, including increasing urbanization, industrialization, and population growth with rising disposable income, Asia Pacific led the market in 2022.
Some of the main competitors dominating the global air purifier market include – Honeywell International, Inc., IQAir North America, Inc., LG Electronics, Inc., Aerus LLC, Unilever PLC, Daikin Industries, Ltd., Panasonic Corporation, Koninklijke Philips N.V., Whirlpool Corporation, and Hamilton Beach Brands, Inc.

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