Air Purifier Market (By Product Type (Stand-alone Water Purifiers and In-duct Water Purifiers), By End-use (Residential, Commercial, and Industrial), By Technology (HEPA, Electrostatic Precipitators, and Ionizers & Ozone Generators)) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2020 - 2027

The market for air purifiers is poised to witness strong growth worldwide during the forecast period 2020 - 2027. Air purifiers are fast gaining acceptance among consumers across varied end-use segments owing to an increase in the occurrences of air borne diseases. The combination of factors including rising level of air pollution due to ever growing population, rise in the number of on-road vehicles, and rapid industrialization has deteriorated the air quality and increased the incidences of air borne diseases like asthma, anthrax, lung cancer, etc. This coupled with rising awareness regarding health hazards pertaining to untreated indoor air bode well for the market growth. In addition, recovery in the global real-estate industry post bleak economic conditions prevalent during economic recession is expected to augment the number of residential units, thereby driving fresh installations of air purifiers. In addition, increasing demand for HEPA-based purifiers and emergence of several energy efficient variants are further supporting market demand. The trend is expected to continue throughout the forecast period. All these aforementioned factors are expected to contribute towards a compounded annual growth rate (CAGR) of XX% during the forecast period 2020 – 2027.

In order to help strategic decision makers, the report also includes competitive profiling of the leading air purifiers manufacturers, their business strategy analysis, market positioning, and key developments. Some of the major players profiled in the report include Daikin Industries, Ltd., Sharp Corporation, Honeywell International, Inc., LG Electronics Inc., Camfil AB, Whirlpool Corporation, AllerAir Industries, Inc., Blueair AB, Panasonic Corporation, Jarden Consumer Solutions (Europe) Limited, Koninklijke Philips N.V., 3M, EcoQuest International, IQAir, Rabbit Air, and WINIX Inc. among others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players.

Air Purifier Market 

The global air purifiers market is classified into following categories:

  • By Type
    • Stand-alone Air Purifiers
    • In-duct Air Purifiers
  • By End-use Application
    • Residential
    • Commercial
    • Industrial
  • By Technology
    • HEPA
    • Electrostatic Precipitators
    • Ionizers & Ozone Generators
  • By Region
    • North America
      • The United States
      • Rest of North America
    • Europe
      • The United Kingdom
      • Germany
      • France
      • Rest of Europe
    • Asia-Pacific (APAC)
      • India
      • China
      • Japan
      • Rest of APAC
    • Rest of the World
      • Latin America
      • Middle East and Africa

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the global air purifier industry
  • Comparative analysis for different segments for the years 2019 & 2027
  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
  • Trailing 2-Year market size data (2018 – 2019)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global air purifiers market, offering market size and estimates for the period from 2020 to 2027, keeping in mind the above mentioned factors.

On the basis of end-use, the air purifier market is categorized into following segments:

  • Residential
  • Commercial
  • Industrial

The following figure represents contribution of different end-use segments to the global air purifier market in 2019 and 2027.

Air Purifier Market

In the base year 2019, the non-residential segment comprising air purifier installations across industrial and commercial segments accounted for majority of revenue share in the global air purifiers market. The economic development resulting in the growth of commercial space including restaurants, hotels,  commercial complex’s, healthcare facilities, business buildings, and schools among others coupled with need for healthy indoor air quality is expected to drive new air purifier installations at commercial establishments. At industrial facilities, air contains mix of particulate contaminants, harmful VOCs and toxic gases. Thus in view of workplace safety, larger air purifier units are affixed to air handler units  or HVAC units at industrial facilities. On the other hand, residential end-use segment is expected to witness maximum growth over the forecast period 2020 - 2027. The ever rising population and consequent increase in the number of residential units, improving discretionary income of consumers, and growing incidences of respiratory diseases are collectively driving demand for air purifiers in the residential segment.

On the basis of geography, the global air purifier market is segmented into following regions and countries.

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • France
    • Germany
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

The contribution of these regions (North America, Europe, Asia Pacific, and Rest of the World) to the global air purifier market is as shown in the figure below:

Air Purifier Market

 

As of 2019, North America comprising the U.S., Canada, and Caribbean Islands represented the largest air purifiers market worldwide in terms of revenue. The United States represents the largest air purifiers market in North America and worldwide. The country accounted for over 85% of the North America market revenue in the base year 2019. The combination of factors including stringent government regulations concerned with CADR (Clean Air Delivery Rate), awareness regarding healthy indoor air quality, and demand for energy efficient variants from consumers is driving demand for air purifiers in the U.S. The demand for air purifiers in developed economies like North America and Europe is expected to remain fairly steady during the forecast period 2020 - 2027. On the other hand, Asia Pacific is presumed to register maximum growth in the coming years, majorly on account of rising pollution levels due to growing population and industrialization in the region.

Choose License Type
Published Date:  Mar 2021
Category:  Consumer Goods
Report ID:   58761
Report Format:   PDF
Pages:   120
Rating:    4.2 (65)
Connect With Us
+1-408-641-3282
24/7 Research Support