Air Purifier Market Technology Advancements, Industry Size, Share, Revenue, Sales Regions, Top Player Analysis and Global Trends 2032

Research Reports

May 22, 2023

Air Purifier Market Overview

The forecast period of the air purifier market is predicted to be from 2020 to 2030, amid which the market stands at an annual growth rate of 11.4% of CAGR. Under all the factors driving and restraining the market dynamics, it is expected to stand at 13.4 billion towards the mid of its forecast period. An air purifier can be defined as an electric appliance that improves the air quality of a particular space. It filters out harmful particles like poisonous gases, smoke and dust. This in turn reduces a large number of respiratory diseases that are caused due to polluted air. The installation of air purifiers in both residential as well as commercial spaces have helped in improving the quality of the air in the area. Along with purifying the air, it also eliminates any bad odour and thus provides a toxin-free environment. The air purifiers are installed across a lot of public places like clinics, malls, and spas. Multiple technological advancements in the structure of air purifiers by the day has led to easy and conventional methods of purifying air.

Some of the major key players of the industries includes Honeywell International Inc, Sharp Corporation, Coway Co., Ltd, LG Electronics Inc, Dyson Technology Limited, Winix Inc, and Levoit.

Key Drivers:

  • Increasing prevalence of airborne diseases
  • Growing health consciousness and improving standard of living Rising disposable income and increased sales of air purifiers

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The air purifiers are categorized under one of the most luxurious electrical appliances in day to day use. The Air Purifier Market was valued at a global market rate of $12.26 billion in 2021. Several factors have been positively affecting the market dynamics. A healthy and substantial growth is hereby expected for the market in its forecast period. The increasing awareness among the consumers regarding the adoption of a healthy life style has driven them to use the air purifiers. This has increased the production rate and eliminated the chances of air-borne diseases. With the usage of the same, it has become easier to control the pollution levels in the indoors.

However, there have been complexities under the pandemic stage that led to a major loss in the Air Purifier Market economics. The supply chain of the market was disrupted leading to a disruption in the import and export of raw materials. This slowed down the growth and development of the same. Factors like such have majorly restrained the market in the global domain. Despite this, a steady growth is expected for the market in its forecast period.

Market Segmentation

Depending upon multiple factors that affects the market dynamics, the Air Purifier Market is divided into hepa purifiers, activated carbon air purifiers, UV air purifiers and ion and ozone generator purifiers along with others. Depending upon the different ways of sales, the market is again segmented into different sales channel. They are offline and online mode.

Market Size 2022

USD 6.3 billion

Market Size 2023

USD 7.0 billion

Market Size 2030

USD 13.4 billion

Compound Annual Growth Rate (CAGR)

11.4% (2023-2030)

Base Year

2022

Market Forecast Period

2023-2030

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Regional Analysis

According to the current market dynamics, the market has been globally dominating major parts of the world. This includes parts like Germany, Italy, France, and the UK, along with South Korea and Japan, China, and India. The market forecast predicted depicts its coverage across North America, South America, Asia Pacific, Middle East and Latin America.

1 AIR PURIFIER MARKET OVERVIEW 20

1.1 PRODUCT OVERVIEW 21

1.2 SCOPE OF THE STUDY 21

1.3 LIST OF ASSUMPTIONS 22

1.4 MARKET STRUCTURE 22

2 GLOBAL AIR PURIFIER MARKET COMPETITION BY MANUFACTURERS 23

2.1 COMPETITIVE OVERVIEW 23

2.2 COMPETITIVE BENCHMARKING 24

2.3 KEY GROWTH STRATEGIES 26

3 COMPANY PROFILE 29

3.1 DYSON 29

3.1.1 COMPANY OVERVIEW 29

3.1.2 FINANCIAL OVERVIEW 29

3.1.3 PRODUCTS/SERVICES OFFERED 30

3.1.4 KEY DEVELOPMENTS (2022–2030) 30

3.1.5 SWOT ANALYSIS 31

3.1.6 KEY STRATEGIES 31

3.2 SHARP CORPORATION 32

3.2.1 COMPANY OVERVIEW 32

3.2.2 FINANCIAL OVERVIEW 32

3.2.3 PRODUCTS/SERVICES OFFERED 33

3.2.4 KEY DEVELOPMENTS (2022–2030) 34

3.2.5 SWOT ANALYSIS 34

3.2.6 KEY STRATEGIES 35

3.3 PANASONIC CORPORATION 36

3.3.1 COMPANY OVERVIEW 36

3.3.2 FINANCIAL OVERVIEW 37

3.3.3 PRODUCTS/SERVICES OFFERED 37

3.3.4 KEY DEVELOPMENTS (2022–2030) 38

3.3.5 SWOT ANALYSIS 39

3.3.6 KEY STRATEGIES 39

3.4 UNILEVER 40

3.4.1 COMPANY OVERVIEW 40

3.4.2 FINANCIAL OVERVIEW 41

3.4.3 PRODUCTS/SERVICES OFFERED 41

3.4.4 KEY DEVELOPMENTS (2022–2030) 42

3.4.5 SWOT ANALYSIS 42

3.4.6 KEY STRATEGIES 42

3.5 HONEYWELL INTERNATIONAL INC. 43

3.5.1 COMPANY OVERVIEW 43

3.5.2 FINANCIAL OVERVIEW 43

3.5.3 PRODUCTS/SERVICES OFFERED 44

3.5.4 KEY DEVELOPMENTS (2022–2030) 44

3.5.5 SWOT ANALYSIS 45

3.5.6 KEY STRATEGIES 45

3.6 MIDEA GROUP 46

3.6.1 COMPANY OVERVIEW 46

3.6.2 FINANCIAL OVERVIEW 46

3.6.3 PRODUCTS/SERVICES OFFERED 47

3.6.4 KEY DEVELOPMENTS (2022–2030) 47

…Continued.

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Smart Air Purifier Market By Type (Dust Collectors, Fume & Smoke Collectors, & Others), Technology (HEPA, Activated Carbon Filtration, and Others), Application (Residential, Commercial, and Others), Sales Channel (OEM and Aftermarket) and Region – Forecast till 2030

Portable Air Purifier Market Research Report, Information: by Type (HEPA, Active Carbon, Electrostatic Precipitator, Ion and Ozone Generator and others), Application (Residential and Commercial) and Region – Forecast till 2030

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