Press Release

Air Purifier Market Size Estimated at USD 9.76 Billion in 2023, Forecasted CAGR of 11.2% by 2030

The Global Air Purifier Market size is valued at around USD 9.76 billion in 2023 and is estimated to grow at a CAGR of about 11.2% during the forecast period, i.e., 2024-30., cites MarkNtel Advisors in their recent research report. The stringent regulations imposed by governments of many countries worldwide to curb the emission levels and the presence of regulatory standards for indoor air quality are the prime aspects driving the global market. 

Besides, growing cases of chronic diseases among people due to polluted air, increasing awareness about the availability & benefits of air purifiers for healthy living, rising purchase power, & changing living standards are other prominent aspects augmenting the growth of the air purifier market. Furthermore, the advent of Covid-19 that resulted in work-from-home norms is another aspect behind the intensified demand for air purifiers across residential complexes & healthcare facilities. It, in turn, is generating growth opportunities for the leading players to introduce new features & upgrades in air purifiers, which would further boost the global market through 2030, states the research report, “Global Air Purifier Market Analysis, 2024.”

Air Purifier Market Segmentation Analysis

With Superior Filtering Capacity, High-Frequency Particulate Air (HEPA) Filters to Boost the Market

High-Frequency Particulate Air (HEPA) filters dominate the Global Air Purifier Market with the largest share. The growing awareness among consumers about the capabilities of these filters to capture minute particles from the air like dust, mold, bacteria, pollen, & any airborne particles with a size of 0.3 microns (µm) is the prime aspect surging the demand for air purifiers with these filters. Besides, these filters require low maintenance and play a crucial role in removing air containments that can cause chronic diseases like Asthma, i.e., another prominent factor attributed to the burgeoning demand for air purifiers with HEPA filters and, in turn, driving the global market.

Owing to Rising Pollution Levels, Asia-Pacific to Dominate the Market through 2030

In previous years, Asia-Pacific acquired the largest share of the Air Purifier Market globally. The same trend is likely during 2023-30 due to improving economic conditions & growing buying power of people, coupled with high pollution levels in different countries, which, in turn, has rapidly surged the demand for air purifiers across Asia-Pacific.

Besides, since several regional countries are undergoing rapid industrialization, pollution levels are escalating dramatically. As a result, governments are imposing stringent regulations to curb pollution, but the public is still concerned about the harmful effects of these pollution levels on health. Therefore, the demand for air purifiers is propelling rapidly and generating profitable opportunities for the leading players operating in the regional market for the forecast years.

Competitive Landscape

The leading companies in the Global Air Purifier Market include Signify, Panasonic, Sharp Electronics, Daiken Industries, Blue Air, Honeywell International, LG Electronics, Whirlpool Corporation, Dyson Ltd., and Samsung.

Key Questions Answered in the Research Report:

1. What are the current & future trends in the Air Purifier Market?
2. How has the industry been evolving in terms of geography & product adoption?
3. How has the competition been shaping across various countries, followed by their comparative factorial indexing?
4. What are the key growth drivers & challenges for the Air Purifier Market?
5. What are the customer orientation, purchase behavior, and expectations from air purifier manufacturers across various regions?