Global Air Purifier Market Outlook 2020-2030

Global Air Purifier Market Analysis 2020-2030

An air purifier or air cleaner is an appliance used to remove contaminants from the air to enhance indoor air quality. Smart and non-smart air purifiers are used for indoor and outdoor applications in the residential, commercial, and industrial sectors to improve the air quality and filter the air so finely that the virus and other pollutants get eliminated. The global air purifier market is anticipated to grow with a CAGR of 13.5% over the forecast period, i.e., 2021 - 2030. Factors such as the growing concern for the rising air pollution worldwide caused by the release of pollutants in the air by different industries, along with the increasing airborne diseases, are anticipated to drive the market growth. Moreover, factors such as the increasing public awareness related to the harmful effects of air pollution, and the rising demand for air purifiers in the commercial sector are also expected to boost the market growth in the coming years. The global air purifier market is estimated to garner a revenue of close to USD 62,980 Million by the end of 2030, up from a revenue of about USD 17,410 Million in the year 2020.

The global air purifier market is segmented into numerous segments, which include segmentation by product type, technology, installation, mounting type, distribution channel, end-user, and by region. By technology, the market is segmented into HEPA, activated carbon, electrostatic precipitators, ionic, and others. Amongst these, the HEPA segment is expected to garner the largest revenue of around USD 23650 Million by the end of 2030, up from a revenue of near to USD 6200 Million in the year 2020.

On the basis of regional analysis, the global air purifier market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Amongst these, the market in the Asia Pacific region is anticipated to garner the largest revenue of over USD 24560 Million by the end of 2030, up from a revenue of near to USD 5870 Million in the year 2020.

Some of the prominent industry leaders in the global air purifier market that are included in our report are Honeywell International Inc., Koninklijke Philips N.V., Xiaomi Group, Dyson, SAMSUNG, DAIKIN INDUSTRIES, Ltd., Panasonic Corporation, Whirlpool Corporation, LG Electronics, SHARP CORPORATION, Blue Star Limited, Coway Co., Ltd., Blueair, AMAIRCAR CORPORATION, Vesync Co., Ltd., Camfil, and others.