Market Forecast By Technology (Type-I (HEPA + Carbon), Type-II (HEPA + Carbon + Ionizer), Type-III (HEPA + Carbon+ UV), Type-IV (HEPA + Carbon + Electrostatic), Type-V (HEPA + Carbon + Ionizer + UV + Electrostatic), Other Technologies), By Applications (Residential, Commercial, Industrial), By CADR Values (Low (Up to 250 m3/h), Medium (251 to 500 m3/h), High (Above 500 m3/h)), By Regions (North America, Latin America, Europe, Asia-Pacific, Middle East and Africa) and competitive landscape
Product Code: ETC5928385 | Publication Date: Sep 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 |
Report Name | Air Purifier Market |
Report Category / Coverage |
Global |
CAGR | 8.5% |
Market Size | USD 21 Billion by 2030 |
Growing Sector | Residential |
Forecast Period | 2024-2030 |
Air Purifier Market report thoroughly covers the by technology, by application, by distribution channel, and by region. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The air purifier market has been experiencing significant growth over the past few years. As of 2024, the global market is valued at approximately $12 billion. Further, the Global Market is projected to expand at a CAGR of 8.5% from 2024 to 2030. Additionally, by 2030, the market size is expected to reach around $21 billion.
Air Purifier Market is expected to grow in the forecast period on the account of clean air has become a top priority for people around the world, as concerns about air pollution and its effects on health continue to rise. As a result, the Air Purifier Market is growing rapidly, with more and more people looking for solutions to improve the quality of the air they breathe. Air Purifier Market demand would continue to accelerate on account of factors such as urbanization, increasing construction activities in urban areas, fossil fuel & crop burning, and industrial carbon emissions. The aforementioned factors would worsen the air quality and increase the particulate matter concentration in the air. Further, factors such as increasing air-borne diseases, rising consciousness about health hazards, rising disposable income, and improving living standards would accelerate the demand for air purifiers in the forecast period.
According to 6Wresearch, the Air Purifier Market size is projected to grow at a CAGR 8.5% during 2024-2030. The growth of the market is driven by several factors, including increasing awareness of the health effects of air pollution, rising urbanization, and increasing disposable incomes. As more people become aware of the risks associated with poor air quality, there is a growing demand for air purifiers that can help reduce exposure to pollutants. Additionally, as more people move to cities, where pollution levels are often higher, the demand for air purifiers is expected to increase. Finally, as incomes rise, more people are able to afford air purifiers, which are often seen as a luxury item. There are certain challenges present in the market. The air purifiers industry faces several challenges, including a lack of regulation, high prices, and increasing competition. With no standardized testing or certification process in place, consumers often struggle to compare the effectiveness of different air purifiers. Additionally, high prices can make air purifiers inaccessible to many people, particularly those in lower-income countries. Finally, as the market grows, competition is increasing, making it difficult for individual companies to stand out and succeed. There are certain challenges present in the market. Several challenges are stalling air purifier adoption. The primary challenges include high maintenance costs and limited availability of quality air purifiers—especially in developing countries. Also, a considerable number of consumers are sceptical about the effectiveness of air purifiers in keeping the air clean. Furthermore, the proliferation of fake air purifiers in countries such as China has damaged the reputation of legitimate brands, thus reducing their market share.
The Air Purifier Market is dominated by a few key players, including Honeywell, Whirlpool Corporation, and LG. These major players primarily focus on developing innovative air purifiers that meet consumers' requirements for effective and high-quality air purification. Companies such as Blueair and Sharp are also increasingly becoming important players in the market, particularly in the Asia Pacific region and these companies are contributing majorly towards rise in Air Purifier Market Share.
Governments worldwide are beginning to realize the importance of clean air and taking concrete steps towards achieving this. Some governments have introduced policies aimed at reducing carbon emissions and air pollution. For instance, the Indian government introduced the National Air Quality Index (NAQI) to measure air quality levels and advise vulnerable populations. The Chinese government, on the other hand, aims to reduce its reliance on coal for energy in favor of less polluting energy sources. Governments worldwide are also encouraging the use of electric vehicles, promoting the use of renewable energy, and investing in clean energy infrastructure, among other initiatives leading to rise in Air Purifier Market Growth.
The air purifier market is poised for substantial growth in the coming years, driven by increasing awareness of air quality and health concerns. As urbanization and industrialization continue to rise, especially in developing nations, air pollution levels are also increasing, leading to a heightened demand for clean indoor air. Technological advancements are expected to enhance the efficiency and effectiveness of air purifiers, incorporating smart features such as real-time air quality monitoring and automated air filtration. Furthermore, the growing trend of smart homes and IoT integration will likely propel the adoption of advanced air purification systems.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
The Type-V air purification system represents the latest advancement in air purifier technology, combining multiple filtration methods to achieve superior air quality. This system incorporates High-Efficiency Particulate Air (HEPA) filtration to capture tiny airborne particles, including pollen, dust, and mold. Additionally, it utilizes an activated carbon filter to absorb odors and volatile organic compounds (VOCs). The ionizer function produces negative ions to neutralize pollutants, while UV light technology destroys microorganisms like bacteria and viruses. Finally, the electrostatic filter enhances the purification process by trapping particles through an electrically charged grid.
Due to rising awareness of indoor air quality and its effects on health, the residential segment of the air purifier market has experienced significant growth. More and more homeowners are aware of the contaminants that can build up indoors, including mold spores, dust mites, pet dander, and volatile organic compounds (VOCs) from household goods. Homes are adopting air purifiers at a higher rate as a result of this increased awareness, particularly in urban areas where indoor air pollution can penetrate. Another factor has been technological developments; newer versions are now more user-friendly and efficient because to smart features like air quality monitors, automated adjustments, and app connectivity.
In the air purifier market, units with a medium capacity of 251 to 500 m³/h have gained significant attention due to their ability to effectively service mid-sized residential and commercial spaces. These air purifiers strike a balance between performance and cost-effectiveness, making them an ideal choice for apartments, small offices, and homes with multiple rooms. Equipped with advanced filtration systems—including HEPA filters and activated carbon layers—these devices efficiently remove airborne pollutants, allergens, and odors. Additionally, many models in this category feature smart connectivity with apps and voice control, enabling users to optimize air quality even when they are away from home.
The Asia-Pacific (APAC) region is emerging as a dominant force in the global air purifier market. Rapid urbanization, coupled with increasing industrial activities, has significantly contributed to deteriorating air quality in many APAC countries. Major cities in China, India, and Southeast Asia often grapple with high levels of air pollution, making air purifiers a necessity rather than a luxury. Governments in the region are also introducing stricter regulations and initiatives to combat air pollution, further driving the adoption of air purifiers among households and businesses. Additionally, the growing awareness about the health impacts of poor air quality and the rising disposable income of middle-class families are propelling market growth.
The market report has been segmented and sub segmented into the following categories:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Air Purifier Market Overview |
3.1 Regional Macro Economic Indicators |
3.2 Air Purifier Market Revenues & Volume, 2020 - 2030F |
3.3 Air Purifier Market - Industry Life Cycle |
3.4 Air Purifier Market - Porter's Five Forces |
3.5 Air Purifier Market Revenues & Volume Share, By Technology , 2020 - 2030F |
3.6 Air Purifier Market Revenues & Volume Share, By Application , 2020 - 2030F |
3.7 Air Purifier Market Revenues & Volume Share, By CADR Values, 2020 - 2030F |
3.8 Air Purifier Marke Air Purifier Market Revenues & Volume Share, By Regions 2020 - 2030F |
4. Air Purifier Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Air Purifier Market Trends |
6. Air Purifier Market, 2020 - 2030 |
6.1 Air Purifier Market, Revenues & Volume, By Technology, 2020 - 2030F |
6.2 Air Purifier Market, Revenues & Volume, By Application , 2020 - 2030F |
6.3 Air Purifier Market, Revenues & Volume, By CADR Values , 2020 - 2030F |
7. North America Air Purifier Market , 2020 - 2030 |
7.1 North America Air Purifier Market , Revenues & Volume, By Technologies, 2020 - 2030F |
7.2 North America Air Purifier Market , Revenues & Volume, By Application, 2020 - 2030F |
7.3 North America Air Purifier Market , Revenues & Volume, By CADR Values 2020 - 2030F |
8. Latin America Air Purifier Market, 2020 - 2030 |
8.1 Latin America Air Purifier Market , Revenues & Volume, By Technologies, 2020 - 2030F |
8.2 Latin America Air Purifier Market , Revenues & Volume, By Application, 2020 - 2030F |
8.3 Latin America Air Purifier Market , Revenues & Volume, By CADR Values 2020-2030F |
9. Europe Air Purifier Market, 2020 - 2030 |
9.1 Europe, Revenues & Volume, By Technologies, 2020 - 2030F |
9.2 Europe , Revenues & Volume, By Application, 2020 - 2030F |
9.3 Europe, Revenues & Volume, By CADR Values 2020-2030F |
10. Asia Pacifc Air Purifier Market, 2020 - 2030 |
10.1 Asia Pacifc Air Purifier Market , Revenues & Volume, By Technologies, 2020 - 2030F |
10.2 Asia Pacifc Air Purifier Market , Revenues & Volume, By Application, 2020 - 2030F |
10.3 Asia Pacifc Air Purifier Market , Revenues & Volume, By CADR Values 2020-2030F |
11. Middle East and Africa Air Purifier Market, 2020 - 2030 |
11.1 Middle East and Africa Air Purifier Market , Revenues & Volume, By Technologies, 2020 - 2030F |
11.2 Middle East and Africa Air Purifier Market , Revenues & Volume, By Application, 2020 - 2030F |
11.3 Middle East and Africa Air Purifier Market , Revenues & Volume, By CADR Values 2020-2030F |
12. Air Purifier Market Key Performance Indicators |
13 Air Purifier Market - Opportunity Assessment |
13.1 Air Purifier Market Opportunity Assessment, By Technologies , 2020 - 2030F |
13.2 Air Purifier Market Opportunity Assessment, By Application, 2020 - 2030F |
13.3 Air Purifier Market Opportunity Assessment, By CADR Values , 2020 - 2030F |
14 .4 Air Purifier Market Opportunity Assessment, By Key Regions , 2020- 2030F |
15. Air Purifier Market - Competitive Landscape |
15.1 Air Purifier Market Revenue Share, By Companies, 2023 |
15.2 Air Purifier Market Competitive Benchmarking, By Operating and Technical Parameters |
16. Company Profiles |
17. Recommendations |
18. Disclaimer |