Air Purifier Market Forecast and Growth 2031

The air purifier market size is projected to reach US$ 34.74 million by 2031 from US$ 16.38 million in 2023. The market is expected to register a CAGR of 9.9 % in 2023–2031. The growing trend of energy-efficient products is likely to remain a key air purifier market trend.

Air Purifier Market Analysis

The market for air purifiers has a bright future because of the world's fastest-growing urban and industrialization, the damaging impacts of air pollution on the environment, and rising consumer health consciousness. These elements encourage consumers to purchase air purifiers in order to enhance the local air quality. Additionally, the growth of smart infrastructure in developing nations is probably going to boost home air purifier sales. Over the projected time, all of the factors mentioned above are anticipated to support the expansion of the air purifier market.

Air Purifier Market Overview

Air purifiers, sometimes referred to as portable air cleaners, are designed to remove things such as pollen, pet dander, smoke, dust mites, and other common household pollutants from the air. Health experts often recommend these devices as part of a multi-pronged approach to keeping your indoor air clean, especially since indoor air pollution is one of the top five environmental health risks. It offers benefits such as power consumption being very low, no placement restraints, the filtration process being multi-layered, easy portability, and more.

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Air Purifier Market: Strategic Insights

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Air Purifier Market Drivers and Opportunities

Increasing adoption of air pollution control equipment

Various companies and the government are taking various steps to increase air quality and launch new air pollution control equipment. For instance, in April 2023, A SpaceX Falcon 9 rocket launched from Florida, carrying a new NASA device that can track air pollution over North America. Similarly, in July 2021, Devic Earth, the leader in air pollution control equipment, launched the world's first-ever "Clean-Air-as-a-Service" to help improve ambient air quality in India. With such increasing product launches, the demand for air purifiers is increasing, driving the market growth.

Increasing frequency of airborne diseases

Airborne diseases can be transmitted through coughs or sneezes, dust, and spraying liquid. The microorganisms may come from a person or animal who has a disease or from garbage, soil, or other sources. There are various types of airborne diseases, and the treatment, symptoms, and outlook will vary according to the disease. To prevent the spread of airborne infectious diseases, the demand for air purifiers is increasing significantly. Thus, the increasing frequency of airborne diseases is anticipated to present new opportunities for the air purifier market players during the forecast period.

Air Purifier Market Report Segmentation Analysis

Key segments that contributed to the derivation of the air purifier market analysis are technique and end-user.

• Based on the technique, the air purifier market is segmented into High-Efficiency Particulate Air (HEPA), Ultraviolet Germicidal Irradiation (UVGI), activated carbon filtration, ionizer purifiers, and others.
• By end-user, the market is segmented into commercial, residential, and industrial.

Air Purifier Market Share Analysis by Geography

The geographic scope of the air purifier market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South America/South & Central America. In terms of revenue, North America accounted for the largest air purifier market share. The dominance of the region in the air purifier industry is majorly due to the increasing implementation of air quality standards policies for emission reduction by governments in North America. The major players include Unilever PLC, Samsung Electronics Co., Ltd., LG Electronics, Panasonic Corporation, Honeywell International, Inc., Dyson, and Carrier. These air purifier market players have been witnessing constant demand from SMEs and large enterprises in the region.

Air Purifier Market Regional Insights

The regional trends and factors influencing the Air Purifier Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Air Purifier Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Air Purifier Market Report Scope

Air Purifier Market Players Density: Understanding Its Impact on Business Dynamics

The Air Purifier Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Air Purifier Market are:

1. Whirlpool Corporation
2. Atlanta Healthcare
3. Blue Star Ltd
4. Crusaders India Pvt. Ltd
5. Daikin Industries, Ltd.
6. Samsung Electronics Co Ltd

Disclaimer: The companies listed above are not ranked in any particular order.

Air Purifier Market News and Recent Developments

The air purifier market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for speech and language disorders and strategies:

• In May 2024, Ideal Living, maker of AirDoctor and AquaTru, announced the launch of the AirDoctor 2500 Wall Mounted Air Purifier. Equipped with an advanced three-stage filtration system, AirDoctor 2500 ensures optimal air quality for any space in a home, automatically adjusting its fan speed depending on a room’s air quality or allowing users to modify settings with its remote control feature. (Source: Ideal Living, Press Release)
• In Jan 2024, Coway launched the Airmega 100 air purifier, adding an affordable option for smaller spaces to its U.S. lineup of products for cleaner air. The newest product is Airmega's first cylindrical model and launches at Coway's most affordable price point ever. Whether it's reducing allergens and viruses, eliminating unpleasant odors, or removing smoke, the Airmega 100 efficiently filters harmful pollutants and purifies indoor air for healthier living. (Source: Coway, Press Release)

Air Purifier Market Report Coverage and Deliverables

The “Air Purifier Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

• Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Market dynamics such as drivers, restraints, and key opportunities
• Key future trends
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
• Detailed company profiles