Global Air Purifier Market Overview:
Air purifier refers to a product that can occupy, break down, or transform diverse toxic germs in the air and constructively improve the cleanliness of indoor air. It is used in the home, medical and industrial fields, and the home air purifier is the mainstream product in the home field.
Global Air Purifier Market Insights
The global air purifier
market expected to increase market value by USD 18.36 million with an escalating CAGR in the forecast period from 2020-2027. The market demand for the air purifier is growing due to rising air pollution that decreases the air quality in indoor places, and emerging airborne diseases such as asthma, bronchitis, and growing industrial work are driving the market share of air purifiers. The primary function is to remove particulate matter in the air, including allergens, indoor PM2.5, etc. Simultaneously, it can also solve the air pollution problem of volatile organic compounds in indoor, underground spaces, and vehicles. In recent years, with the increase in the degree of environmental pollution and the enhancement of people’s health awareness, air purifiers’ market space is relatively large. Moreover, with the development of the Internet, the combination of air purifiers and the Internet will be further deepened. The style of household air purifier products will produce a significant breakthrough, and high-end car air purifiers will rise. Besides, consumers’ consumption structure has upgraded, and the purchase of air purification products tends to rationalize. Moreover, to paying attention to basic parameters such as price, appearance, and air volume, more attention is paid to overall product value, quality, technology, performance, and professional services. Especially environmental protection, energy-saving, green ecology, and intelligent products are more competitive in the market. Besides, in recent years, with the deterioration of the global environment, air pollution has been paid more and more attention, and air purifiers have become a direct and effective way for people to combat air pollution. The use of air purifiers is related to people’s income levels. When people’s income levels increase, people will pay more attention to the improvement of quality of life. The requirements for the living environment will increase accordingly, thereby increasing the demand for air purifiers.
Changing Lifestyle of the People
With the rapid development of human civilization, the types and number of chemical products and electrical equipment entering the room have increased. Houses have built more intimately, indoor pollution factors have been growing, and the ability to ventilate has weakened, making some indoor pollutants concentrate. Indoor air pollution refers to environmental pollution behaviors that cause harmful substances in indoor air to exceed the standards due to various reasons, thereby affecting human health. Therefore, the demand for air purifiers is rising globally.
Increasing Airborne Diseases
The outbreak of viruses, flu, and contagious airborne diseases caused due to the spread from coughing, sneezing, talking, spewing nasal and throat secretions into the air. Some virus hangs in the air and land on people or surface and causes severe health problem. The air purifier’s adoption helps remove the germs and kill viruses and bacteria from the air and effectively clean the environment. Thus, it improves the person’s immune system, provides better sleep, and gives fresh air. Moreover, the demand for air purifiers is rising as it prevents sickness and limiting the number of airborne germs while sneezing and coughing.
By End-User Segmental Analysis
Based on the End-user, the global air purifier market bifurcated into Commercial, Residential. The commercial segment estimated to dominate the maximum share of the global air purifier market in the forecast period. The demand for air purifiers is rising due to the emerging indoor pollution. Rising toxic air from factories and various other industries is deteriorating the air quality and risking a healthy lifestyle. Moreover, the rising awareness among people and emerging pollution levels and coupled with rising airborne diseases, are influencing the adoption of air purifiers for commercial purposes. Besides, the increasing industrial pollution pollutes the air and causes various chronic diseases such as asthma, bronchitis, and other lung diseases. Therefore, installing an air purifier in the closed area will enhance the air quality and kill germs.
By Technologies Segmental Analysis
Based on the technology, the global air purifier market categorized into High-Efficiency Particulate Air (HEPA), Electrostatic Precipitator, Ion & Ozone Generators, Activated Carbon, Other Technologies. The high-efficiency particulate air (HEPA) technology segment dominates the market share for the global air purifier market. The rising demand for the high-efficiency particulate air (HEPA) filters that capture large airborne germs particles such as mold spores, dust, pollen, and animal dander, coupled with a particle that contains allergens and dust mite. The activated carbon filter has the effect of deodorizing and adsorbing harmful gases. The metal catalyst filter can catalyze the decomposition of toxic gases.
By Region Segmental Analysis
Based on geography, the global air purifier market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific
is the world’s fastest-growing global air purifier market, accounting for the largest share. The current status of environmental pollution and the pursuit of quality of life are the main driving forces behind the active consumer market for air purifiers, rising airborne diseases, and increasing industrial pollution is fueling the market share of the Asia Pacific market.
Companies such as Sharp Corporation, LG Electronics, Samsung Electronics, Hitachi Ltd., Panasonic Corporation, and others are key players for global air purifier market.
- Market research and consulting firms
- Industry associations
- Global air purifier manufacturing companies
- Research organizations and consulting companies’ air purifier
- Regulatory bodies
The objective of the Research
- Market modeling starts with identifying a target market where historical data exists. A Market can include prediction problems, economic factors, analyzing customer behavior, and identifying new patterns from past events, which helps our client to have deep dive into the market.
- Product analysis involves steps such as examining product features, costs, availability, quality, and other aspects. Product analysis is conducted to understand potential buyers and measure competition in the market.
- Market Trend and Economic Factors Analysis helps in assessing potential changes to an economy’s inflation rate, taxes, interest rates, exchange rates, trading regulations, and excise duties that can or have a major effect on the target market.
- Market Segmental Analysis defines in-depth scenario of the target market by the process of grouping consumers into naturally existing created segments of consumers who share similar product preferences or characteristics
- The geographical mapping approach helps our clients to understand national or international markets because different consumers in different regions have different needs wants, and cultural characteristics that can be specifically targeted.
Market Modelling By End-User By Technology
- High-Efficiency Particulate Air (HEPA)
- Electrostatic Precipitator
- Ion & Ozone Generators
- Activated Carbon
- Other Technologies
- North America
- Asia Pacific
- South America
- Middle East & Africa