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We expect the global air purifier market to grow at a CAGR of 10% during 2021-2026.
Sudden outbreak of the COVID-19 pandemic has led to the rising installation of air purifiers across households, corporate offices, public buildings, etc., to combat the risk of coronavirus infection.
The growing consumer awareness towards the harmful impact of degrading indoor air quality due to high air pollution levels represents one of the key factors catalyzing the global air purifier market.
Based on the filter technology, the global air purifier market can be bifurcated into activated carbon, electrostatic precipitators, high efficiency particulate air (HEPA), ion and ozone generators, and others, where high efficiency particulate air (HEPA) holds the majority of the total market share.
Based on the application, the global air purifier market has been divided into commercial, industrial, and residential. Among these, the commercial sector represents the largest segment.
Based on the distribution channel, the global air purifier market can be segmented into offline and online. Currently, offline distribution channel exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.
Some of the major players in the global air purifier market include 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.
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