Air Purifier
PUBLISHED: 2024 ID: SMRC26272
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Air Purifier

Air Purifier Market Forecasts to 2030 - Global Analysis By Product Type (Whole-House Air Purifiers and Cleaners, Portable Air Purifiers, Smart Air Purifier, Stand-alone Air Purifiers, In-duct Air Purifiers, Dust Collectors, Fume and Smoke Collectors, Vehicle Exhaust, Mist Eliminators, Fire/Emergency Exhaust and Other Product Types), Coverage Area, Technology, CADR, Distribution Channel, Application and by Geography

4.4 (75 reviews)
4.4 (75 reviews)
Published: 2024 ID: SMRC26272

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Air Purifier Market is accounted for $17.39 billion in 2024 and is expected to reach $29.33 billion by 2030 growing at a CAGR of 9.10% during the forecast period. An air purifier is a tool used to enhance indoor air quality by removing impurities from the air in a space. Because these devices can filter out pollutants like dust, pollen, pet dander, and smoke, they are especially helpful for people with allergies, asthma, or other respiratory conditions. Moreover, in order to collect and eliminate dangerous particles and pathogens, modern air purifiers frequently use a combination of filters, such as UV light, activated carbon filters, and HEPA (High-Efficiency Particulate Air) filters.

According to the American Lung Association, using an air purifier can help reduce indoor air pollutants, which is especially beneficial for people with respiratory conditions and those looking to improve their overall indoor air quality.

Market Dynamics: 

Driver: 

Growing concern for air quality

Awareness of air quality issues has increased as a result of scientific studies and media coverage that emphasize the detrimental effects of air pollution more and more. This includes being aware of the potential health effects of pollutants like allergens, volatile organic compounds (VOCs), and particulate matter (PM2.5). Health organizations and non-profits have also been instrumental in the dissemination of knowledge through their educational campaigns. Additionally, as a result of consumers growing awareness that indoor air quality can differ significantly from outdoor air quality, air purifier use has increased in order to reduce risks and enhance living environments.

Restraint:

High start-up expense

Air purifiers can be highly costly, especially the higher-end models with cutting-edge filtration features like UV light sterilization, activated carbon filters, and HEPA filters. Particularly in price-sensitive markets, this high initial cost may turn off a lot of prospective customers. Families with low disposable income, for example, might put essential costs ahead of buying an air purifier. Furthermore, the cost of purchasing multiple units for large spaces may be prohibitive for businesses, especially small and medium-sized ones. Although there are substantial long-term health benefits and potential cost savings, the initial financial outlay still poses a significant barrier to entry.

Opportunity:

Regulations for workplace health and safety

There are more opportunities for air purifiers in commercial and industrial settings as a result of the focus on workplace health and safety. The adoption of air purifiers in offices, factories, and other workspaces may be influenced by regulations requiring businesses to maintain safe and healthy indoor environments for their employees. Businesses are realizing more and more the advantages of clean air, including lower employee illness rates, increased output, and greater job satisfaction. Moreover, the increased awareness of occupational health is creating a sizable market for air purifiers with larger capacity and higher pollutant loads.

Threat:

Public myths and false information

Misconceptions and false information spread by the public regarding the utility and necessity of air purifiers can impede the expansion of the market. It's possible that some customers have inflated ideas about what air purifiers can accomplish, which can cause discontent and bad reviews. If they don't realize how bad indoor air pollution is, some people might not think air purifiers are even necessary. Additionally, it's crucial to dispel these myths through persuasive marketing and education, but doing so may prevent the market from growing.

Covid-19 Impact: 

Due to the COVID-19 pandemic's increased consumer demand for products that improve indoor air quality and lower the risk of airborne virus transmission, the market for air purifiers was greatly impacted. Air purifiers became more popular in the residential and commercial sectors as people spent more time indoors and realized how important clean air was to their health. This was especially true in workplaces, educational institutions, medical facilities, and residential settings, where upholding safety standards became crucial. However, the pandemic also caused problems in the supply chain, which had an impact on the manufacture and sale of air purifiers.

The Portable Air Purifiers segment is expected to be the largest during the forecast period

The portable air purifier segment usually holds the largest market share in the air purifier industry. Users can move these devices around different areas of their homes or offices as needed, making them convenient and flexible. To accommodate a range of room sizes and aesthetic tastes, portable air purifiers are available in a variety of shapes and sizes. They are well-liked by customers who want to enhance the quality of the air inside specific areas, like living rooms, offices, or bedrooms. Moreover, they frequently have several filtration technologies installed to effectively capture a variety of contaminants, such as dust, allergens, smoke, and pet dander.

The Pollen segment is expected to have the highest CAGR during the forecast period

The pollen segment is anticipated to hold the highest CAGR in the air purifier market. Most people have pollen allergies, which are also referred to as hay fever or allergic rhinitis. These allergies are most common during pollen seasons. By lowering the amount of pollen indoors, air purifiers made to collect pollen particles provide allergy sufferers with relief. The need for air purifiers that specifically target pollen particles is being driven by the rising incidence of pollen allergies as a result of factors like urbanization and climate change. Furthermore, improvements in filtration technology, such as HEPA and activated carbon filters, boost air purifiers' capacity to capture pollen and other allergens, which supports the industry's explosive growth.

Region with largest share:

The market for air purifiers is dominated by the Asia-Pacific region. The high levels of air pollution in quickly industrializing nations like China and India, growing public awareness of the negative health effects of poor air quality, and rising disposable incomes that allow more people to purchase air purification products are all contributing factors to this dominance. Government programs to reduce air pollution and enhance public health have also increased demand for air purifiers in the area. Moreover, the Asia-Pacific market is anticipated to hold its top spot in the air purifier industry as long as pollution levels are driven by urbanization and industrialization.

Region with highest CAGR:

North America has the highest CAGR in the air purifier market. This quick expansion can be attributed to a number of factors, such as growing public awareness of indoor air quality problems, an increase in respiratory illnesses, stricter laws governing air quality, and the widespread use of cutting-edge air purification technology. Additionally, the COVID-19 pandemic has increased awareness of indoor air quality, which has increased demand for air purifiers in the business, residential, and healthcare sectors.

Key players in the market

Some of the key players in Air Purifier market include 3M Co., Hamilton Beach Brands, Inc., Condair Group AG, Honeywell International Inc., Atlanta Healthcare, Hitachi Limited, Unilever Group, Whirlpool Corporation, LG Electronics, Inc., Godrej Appliances, Xiaomi Corporation, Aerus LLC, Daikin Industries, Ltd., Blue Star Ltd , Afpro Filters B.V., Sharp Corporation, Koninklijke Philips N.V., Panasonic Corporation and Samsung Electronics Co. Ltd. 

Key Developments:

In March 2024, 3M and HD Hyundai Korea Shipbuilding & Marine Engineering (KSOE) have signed a joint research project agreement to develop large liquid hydrogen storage tanks using Glass Bubbles from 3M – a high-strength, low-density hollow glass microsphere. The collaborative research will focus on developing a high-performance vacuum insulation system for liquified hydrogen storage and transportation.

In February 2024, Hamilton Beach Brands Holding Company announced that, through its Hamilton Beach Health subsidiary, it has acquired HealthBeacon PLC, a medical technology firm and strategic partner of the company. HealthBeacon develops connected devices that enable patients with chronic conditions to manage their injectable medication regimens at home and provides other health services.
 
In June 2023, Honeywell International Inc. HON has entered into a definitive agreement to acquire heads-up-display (HUD) assets of Swedish aerospace and defense company Saab Technology. The financial terms of the transaction are kept under wraps. The HUD system reduces the workload for pilots, helps them with increased situational awareness and increases flight safety. Per the deal, the companies will collaborate to advance and strengthen HON’s HUD product portfolio.

Product Types Covered:
• Whole-House Air Purifiers and Cleaners
• Portable Air Purifiers
• Smart Air Purifier
• Stand-alone Air Purifiers
• In-duct Air Purifiers
• Dust Collectors
• Fume and Smoke Collectors
• Vehicle Exhaust
• Mist Eliminators
• Fire/Emergency Exhaust
• Other Product Types

Coverage Areas Covered:
• Below 250 Sq. Ft.
• 250-400 Sq. Ft.
• 401-700 Sq. Ft.
• Above 700 Sq. Ft.

Technologies Covered:
• Ionic Filters   
• High-Efficiency Particulate Air (HEPA)   
• Activated Carbon   
• Electrostatic Precipitators (ESPs)   
• Stimulated Carbon Air Purifiers   
• Ozone Generators   
• Other Technologies 
 
CADRs Covered:
• Smoke
• Dust
• Pollen

Distribution Channels Covered:
• Offline Distribution Channel
• Online Distribution Channel

Applications Covered:
• Residential
• Industrial
• Commercial
• Healthcare and Medical
• Automotive
• Energy and Utility
• Construction
• Manufacturing
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan        
o China        
o India        
o Australia  
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa 
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings: 
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary         
          
2 Preface         
 2.1 Abstract        
 2.2 Stake Holders        
 2.3 Research Scope        
 2.4 Research Methodology        
  2.4.1 Data Mining       
  2.4.2 Data Analysis       
  2.4.3 Data Validation       
  2.4.4 Research Approach       
 2.5 Research Sources        
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions       
          
3 Market Trend Analysis         
 3.1 Introduction        
 3.2 Drivers        
 3.3 Restraints        
 3.4 Opportunities        
 3.5 Threats        
 3.6 Product Analysis        
 3.7 Technology Analysis        
 3.8 Application Analysis        
 3.9 Emerging Markets        
 3.10 Impact of Covid-19        
          
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry        
          
5 Global Air Purifier Market, By Product Type         
 5.1 Introduction        
 5.2 Whole-House Air Purifiers and Cleaners        
 5.3 Portable Air Purifiers        
 5.4 Smart Air Purifier        
 5.5 Stand-alone Air Purifiers        
 5.6 In-duct Air Purifiers        
 5.7 Dust Collectors        
 5.8 Fume and Smoke Collectors        
 5.9 Vehicle Exhaust        
 5.10 Mist Eliminators        
 5.11 Fire/Emergency Exhaust        
 5.12 Other Product Types        
          
6 Global Air Purifier Market, By Coverage Area         
 6.1 Introduction        
 6.2 Below 250 Sq. Ft.        
 6.3 250-400 Sq. Ft.        
 6.4 401-700 Sq. Ft.        
 6.5 Above 700 Sq. Ft.        
          
7 Global Air Purifier Market, By Technology         
 7.1 Introduction        
 7.2 Ionic Filters           
 7.3 High-Efficiency Particulate Air (HEPA)           
 7.4 Activated Carbon           
 7.5 Electrostatic Precipitators (ESPs)           
 7.6 Stimulated Carbon Air Purifiers           
 7.7 Ozone Generators           
 7.8 Other Technologies        
  7.8.1 Negative Ion Air Purifier         
  7.8.2 Ozone Air Purifier         
  7.8.3 UV Technology-Based Air Purifier       
          
8 Global Air Purifier Market, By CADR         
 8.1 Introduction        
 8.2 Smoke        
 8.3 Dust        
 8.4 Pollen        
          
9 Global Air Purifier Market, By Distribution Channel         
 9.1 Introduction        
 9.2 Offline Distribution Channel        
  9.2.1 Hypermarkets/Supermarkets       
  9.2.2 Retail Stores       
  9.2.3 Specialty Stores       
 9.3 Online Distribution Channel        
          
10 Global Air Purifier Market, By Application         
 10.1 Introduction        
 10.2 Residential        
 10.3 Industrial        
 10.4 Commercial        
 10.5 Healthcare and Medical        
 10.6 Automotive        
 10.7 Energy and Utility        
 10.8 Construction        
 10.9 Manufacturing        
 10.10 Other Applications        
          
11 Global Air Purifier Market, By Geography         
 11.1 Introduction        
 11.2 North America        
  11.2.1 US       
  11.2.2 Canada       
  11.2.3 Mexico       
 11.3 Europe        
  11.3.1 Germany       
  11.3.2 UK       
  11.3.3 Italy       
  11.3.4 France       
  11.3.5 Spain       
  11.3.6 Rest of Europe       
 11.4 Asia Pacific        
  11.4.1 Japan       
  11.4.2 China       
  11.4.3 India       
  11.4.4 Australia       
  11.4.5 New Zealand       
  11.4.6 South Korea       
  11.4.7 Rest of Asia Pacific       
 11.5 South America        
  11.5.1 Argentina       
  11.5.2 Brazil       
  11.5.3 Chile       
  11.5.4 Rest of South America       
 11.6 Middle East & Africa        
  11.6.1 Saudi Arabia       
  11.6.2 UAE       
  11.6.3 Qatar       
  11.6.4 South Africa       
  11.6.5 Rest of Middle East & Africa       
          
12 Key Developments         
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures        
 12.2 Acquisitions & Mergers        
 12.3 New Product Launch        
 12.4 Expansions        
 12.5 Other Key Strategies        
          
13 Company Profiling         
 13.1 3M Co.           
 13.2 Hamilton Beach Brands, Inc.           
 13.3 Condair Group AG        
 13.4 Honeywell International Inc.        
 13.5 Atlanta Healthcare           
 13.6 Hitachi Limited        
 13.7 Unilever Group           
 13.8 Whirlpool Corporation        
 13.9 LG Electronics, Inc.        
 13.10 Godrej Appliances        
 13.11 Xiaomi Corporation        
 13.12 Aerus LLC        
 13.13 Daikin Industries, Ltd.        
 13.14 Blue Star Ltd           
 13.15 Afpro Filters B.V.        
 13.16 Sharp Corporation           
 13.17 Koninklijke Philips N.V.        
 13.18 Panasonic Corporation        
 13.19 Samsung Electronics Co. Ltd.           
          
List of Tables          
1 Global Air Purifier Market Outlook, By Region (2022-2030) ($MN)         
2 Global Air Purifier Market Outlook, By Product Type (2022-2030) ($MN)         
3 Global Air Purifier Market Outlook, By Whole-House Air Purifiers and Cleaners (2022-2030) ($MN)         
4 Global Air Purifier Market Outlook, By Portable Air Purifiers (2022-2030) ($MN)         
5 Global Air Purifier Market Outlook, By Smart Air Purifier (2022-2030) ($MN)         
6 Global Air Purifier Market Outlook, By Stand-alone Air Purifiers (2022-2030) ($MN)         
7 Global Air Purifier Market Outlook, By In-duct Air Purifiers (2022-2030) ($MN)         
8 Global Air Purifier Market Outlook, By Dust Collectors (2022-2030) ($MN)         
9 Global Air Purifier Market Outlook, By Fume and Smoke Collectors (2022-2030) ($MN)         
10 Global Air Purifier Market Outlook, By Vehicle Exhaust (2022-2030) ($MN)         
11 Global Air Purifier Market Outlook, By Mist Eliminators (2022-2030) ($MN)         
12 Global Air Purifier Market Outlook, By Fire/Emergency Exhaust (2022-2030) ($MN)         
13 Global Air Purifier Market Outlook, By Other Product Types (2022-2030) ($MN)         
14 Global Air Purifier Market Outlook, By Coverage Area (2022-2030) ($MN)         
15 Global Air Purifier Market Outlook, By Below 250 Sq. Ft. (2022-2030) ($MN)         
16 Global Air Purifier Market Outlook, By 250-400 Sq. Ft. (2022-2030) ($MN)         
17 Global Air Purifier Market Outlook, By 401-700 Sq. Ft. (2022-2030) ($MN)         
18 Global Air Purifier Market Outlook, By Above 700 Sq. Ft. (2022-2030) ($MN)         
19 Global Air Purifier Market Outlook, By Technology (2022-2030) ($MN)         
20 Global Air Purifier Market Outlook, By Ionic Filters (2022-2030) ($MN)         
21 Global Air Purifier Market Outlook, By High-Efficiency Particulate Air (HEPA) (2022-2030) ($MN)         
22 Global Air Purifier Market Outlook, By Activated Carbon (2022-2030) ($MN)         
23 Global Air Purifier Market Outlook, By Electrostatic Precipitators (ESPs) (2022-2030) ($MN)         
24 Global Air Purifier Market Outlook, By Stimulated Carbon Air Purifiers (2022-2030) ($MN)         
25 Global Air Purifier Market Outlook, By Ozone Generators (2022-2030) ($MN)         
26 Global Air Purifier Market Outlook, By Other Technologies (2022-2030) ($MN)         
27 Global Air Purifier Market Outlook, By Negative Ion Air Purifier (2022-2030) ($MN)         
28 Global Air Purifier Market Outlook, By Ozone Air Purifier (2022-2030) ($MN)         
29 Global Air Purifier Market Outlook, By UV Technology-Based Air Purifier (2022-2030) ($MN)         
30 Global Air Purifier Market Outlook, By CADR (2022-2030) ($MN)         
31 Global Air Purifier Market Outlook, By Smoke (2022-2030) ($MN)         
32 Global Air Purifier Market Outlook, By Dust (2022-2030) ($MN)         
33 Global Air Purifier Market Outlook, By Pollen (2022-2030) ($MN)         
34 Global Air Purifier Market Outlook, By Distribution Channel (2022-2030) ($MN)         
35 Global Air Purifier Market Outlook, By Offline Distribution Channel (2022-2030) ($MN)         
36 Global Air Purifier Market Outlook, By Hypermarkets/Supermarkets (2022-2030) ($MN)         
37 Global Air Purifier Market Outlook, By Retail Stores (2022-2030) ($MN)         
38 Global Air Purifier Market Outlook, By Specialty Stores (2022-2030) ($MN)         
39 Global Air Purifier Market Outlook, By Online Distribution Channel (2022-2030) ($MN)         
40 Global Air Purifier Market Outlook, By Application (2022-2030) ($MN)         
41 Global Air Purifier Market Outlook, By Residential (2022-2030) ($MN)         
42 Global Air Purifier Market Outlook, By Industrial (2022-2030) ($MN)         
43 Global Air Purifier Market Outlook, By Commercial (2022-2030) ($MN)         
44 Global Air Purifier Market Outlook, By Healthcare and Medical (2022-2030) ($MN)         
45 Global Air Purifier Market Outlook, By Automotive (2022-2030) ($MN)         
46 Global Air Purifier Market Outlook, By Energy and Utility (2022-2030) ($MN)         
47 Global Air Purifier Market Outlook, By Construction (2022-2030) ($MN)         
48 Global Air Purifier Market Outlook, By Manufacturing (2022-2030) ($MN)         
49 Global Air Purifier Market Outlook, By Other Applications (2022-2030) ($MN)         
          
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.          

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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