Air Purifier Market Size, Share, Growth, Industry Analysis and Forecast 2021-2026

Press Release:

Global Air Purifier Market to Grow at 8% During 2021-2026, Propelled by Degrading Air Quality Across the Globe

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Air Purifier Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Report Overview:

The global air purifier market is expected to exhibit strong growth during 2021-2026. An air purifier is used to minimize the presence of Total Volatile Organic Compounds (TVOCs), particulate matter (2.5-10 µm), smoke, dust, harmful chemicals, gases, and other pollutants in the air. As per the diverse needs of consumers, these purifiers are based on different filtration technologies, the most common being the High-efficiency Particulate Air (HEPA) technology with trapping capacity of at least 99.97%. Owing to this, air purifiers are being widely used across households, corporate and government offices, retail stores, public spaces, and other industrial infrastructures.

The global market is primarily driven by the air conditioning system growing demand for air purifiers to improve the deteriorating air quality due to rapid industrialization leading to heavy industrial discharge. Furthermore, the expanding vehicle fleet resulting in rising emission of air pollutants, particularly across developing countries, such as Bangladesh, Pakistan, India, China, etc., also augments the demand for air purifiers. Additionally, in these regions, the rising consumer living standards coupled with growing health consciousness towards chronic respiratory conditions, have led to the increasing adoption of air pollution control equipment, such as air purifiers. Moreover, the growing consumer awareness towards the harmful impact of degrading indoor air quality due to the increased use of synthetic building materials has also catalyzed the product demand in the residential sector. Across the developed countries, such as the United States, Germany, Italy, France, etc., the rapid construction of smart homes equipped with high-end and luxury products, has also propelled the market growth. Additionally, the introduction of stringent measures by the government in these developed economies along with several awareness programs promoting the need for air purifiers, further bolsters the market growth. In addition to this, owing to strong market competition and changing consumer preferences, several air purifier manufacturers are introducing newer product variants with innovative features, such as UV light technology, ozone generators, and electrostatic precipitators. Furthermore, various technological advancements in the air purification technology coupled with the growing popularity of Internet-of-Things (IoT)-based devices have led to the launch of smart air purifiers in the market. Looking forward, the global air purifier market is expected to grow at a CAGR of 10% during the forecast period (2021-2026).

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global air purifier market, along with forecasts for growth at the global, regional and country level from 2021-2026. Our report has categorized the market based on region, filter technology, size, application, and distribution channel.

Breakup by Filter Technology:

Activated Carbon
Electrostatic Precipitators
High Efficiency Particulate Air (HEPA)
Ion and Ozone Generators
Other

Breakup by Size:

Small Units
Large Units
HVAC Units

Breakup by Application:

Commercial
Industrial
Residential

Breakup by Distribution Channel:

Offline
Online

Breakup by Region:

North America
- United States
- Canada
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa
- Turkey
- Saudi Arabia
- Egypt
- Others

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Atlanta Healthcare, Camfil AB, Daikin Industries, Ltd., Honeywell International, Inc., IQAir, Koninklijke Philips N.V., Panasonic Corporation, Samsung Electronics Co., Ltd., Sharp Corporation, Whirlpool Corporation, etc.

Key Questions Answered in This Report:

How has the global air purifiers market performed so far and how will it perform in the coming years?
What are the key regional markets?
How has the COVID-19 pandemic impacted the global air purifier market?
What is the breakup of the market based on the filter technology?
What is the breakup of the market based on the size?
What is the breakup of the market based on the application?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the market?
What is the structure of the global air purifiers market and who are the key players?
What is the degree of competition in the market?