Air Purifier Market Size, Top Manufacturers, Growth Analysis, Demand Status, Technology Innovations and Business Outlook 2023-2030
Research Reports
Feb 09, 2023
Air Purifier Market Future Insights
According to MRFR analysis, the global Air Purifier Market is expected to register a CAGR of ~ 11.41% from 2021 to 2030 and hold a value of over ~USD 13,527.8 million by 2025.
Air purifiers are cast-off to remove volatile organic compounds (VOCs), odors, and gaseous and particle pollutants. Moreover, air purifiers are cast-off in eliminating airborne mold, bacteria, viruses, dust mites, and pollen from the air in together, residential and commercial applications. Unlike air filters, an air purifier produces something to kill, neutralize, transform, or otherwise render airborne toxins harmless. Additionally, it also traps airborne particles within a tangible filter.
Market Driving Forces
- Rapid industrialization and urbanization in emerging countries
- New product launches and R&D amongst major key players
- Rising Awareness among Consumers
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The existence of leading manufacturers in the global air purifier market is expected to boost the consumption of air purifiers, across the domestic market. The high penetration of people, the dominant market for vehicle consumption, and the rapid upsurge in industrialization across China and India are likely to increase the demand for air purifiers in the domestic market during the estimated period.
|
Report Attribute/Metric |
Details |
|
Market Size |
13,527.8 million |
|
CAGR |
11.41% |
|
Base Year |
2019 |
|
Forecast Period |
2020-2025 |
|
Historical Data |
2018 |
|
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
|
Segments Covered |
Product Type, and Sales Channel |
Air Purifier Market Key Players
Some of the key market players are
- Unilever (UK)
- Midea Group (China)
- Xiaomi Inc (China)
- COWAY CO. LTD (South Korea)
- Sharp Corporation (Japan)
- Dyson (Singapore)
- Panasonic Corporation (Japan)
- Honeywell International Inc (US)
- Koninklijke Philips N.V. (the Netherlands)
- Blueair (Sweden)
- Daikin Industries Ltd (Japan)
Air Purifier Market Segmentation
The global Air Purifier Market has been segmented into product type and sales channel
Based on the Product Type, The global Air Purifier Market has been segmented into HEPA Purifiers, UV Air Purifiers, Activated Carbon Air Purifiers, and Ion & Ozone Generator Air Purifiers
Based on the Sales Channel, The global Air Purifier Market has been segmented into Offline and Online
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Air Purifier Market Regional Analysis
Asia-Pacific accounted for the largest revenue market share of 73.9% in 2018 and is expected to register the highest CAGR of 12.93%. owing to the dominates the globe in terms of population, home appliance consumers, and production of home care products. The existence of leading manufacturers in the global air purifier market is anticipated to boost the consumption of air purifiers, across the domestic market.
North America was the second-largest market in 2020 and is projected to exhibit a CAGR of 11.00% during the review period. However, the market in Mexico is anticipated to register the highest CAGR of 6.90%.
TABLE OF CONTENTS
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 (2015–2019) 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 (2015–2019) 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 (2015–2019) 38
3.3.5 SWOT ANALYSIS 39…Continued.
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