Air Purifier Market, By Product Type (HEPA, Activated Carbon, Ionic, Hybrid), By Circulation (Forced, Natural), By Portability (Standalone/Portable, In-duct/Fixed), and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
The global Air Purifier Market size was estimated at USD 14.2 billion in 2023 and is projected to reach USD 24.8 billion in 2030 at a CAGR of 7.2% during the forecast period 2024-2030.
The air purifier market is experiencing substantial growth, driven by the increasing prevalence of airborne diseases and rising pollution levels in urban areas. For instance, the Centre for Research on Energy and Clean Air reported a rise in China's national average PM2.5 levels in 2023, marking a year-on-year increase since the initiation of the country's pollution control campaign. This trend highlights the urgent need for effective air purification solutions. In addition to pollution, factors such as growing health awareness, improved living standards, and rising disposable incomes are contributing to market expansion. The adoption of air pollution control equipment, particularly in developing regions, is anticipated to further propel the market over the forecast period.
High-Efficiency Particulate Air (HEPA) filters, made from submicron glass fibers, are a key technology in the air purifier industry. These filters have a substantial surface area and can remove approximately 98.6% of particles equal to or larger than 0.4 microns, making them highly effective in improving air quality. The effectiveness of HEPA filters in capturing a wide range of particle sizes underscores their importance in enhancing indoor environments.
A 2022 report by the Organization for Economic Co-operation and Development (OECD) titled "The Economic Consequences of Outdoor Air Pollution" projected that outdoor air pollution could result in 7-10 million premature deaths annually by 2060, costing about 1.2% of the global GDP. The report also forecasted that global welfare costs related to premature deaths from outdoor air pollution could rise from USD 3 trillion in 2015 to approximately USD 19-26 trillion by 2032. These staggering figures underscore the critical need for air purification technologies.
Stringent regulations such as the Clean Air Act, National Ambient Air Quality Standards (NAAQS), and various European directives have made the adoption of air purifiers essential. These regulations are expected to drive demand for air purifiers over the coming years. Additionally, the UK government's initiatives to preserve indoor air quality, exemplified by the Air Quality Strategy released in April 2023, further illustrate the growing regulatory support for air purification.
Ensuring optimal indoor air quality in schools, offices, and workplaces is crucial for the well-being and productivity of occupants. Poor indoor air quality can lead to health issues such as fatigue, headaches, and respiratory problems, which can hinder productivity. Prolonged exposure to pollutants like asbestos and radon can increase cancer risk, highlighting the importance of effective air purification.
However, despite technological advancements, air purifiers are often seen as luxury items in underdeveloped and emerging economies due to high installation and maintenance costs, which could hinder market growth. Nevertheless, the escalating air pollution in densely populated regions like Asia-Pacific presents significant opportunities for the air purifier market, with countries such as Bangladesh, India, and Vietnam expected to drive demand in the forecast period.
The air purifier market is experiencing significant growth driven by rising health consciousness and increasing awareness about indoor air quality, particularly among residential consumers. This shift is fueled by the prevalence of airborne diseases and escalating pollution levels in urban areas. Enhanced living standards, higher disposable incomes, and stringent environmental regulations are further propelling market demand. The industrial and commercial segments continue to play a vital role, but the surge in residential adoption marks a notable change in end-user preferences. In developing countries, rapid industrialization and extensive construction activities exacerbate air pollution, increasing the need for air purifiers. In the United States, stringent environmental laws and the effectiveness of High-Efficiency Particulate Air (HEPA) technology are expected to drive market growth. The country, grappling with substantial industrial pollution and significant contributions from the transportation sector, is implementing strict regulations to combat rising pollution levels. Looking ahead, the air purifier market is poised for continued expansion, with manufacturers focusing on innovative, compact, and efficient models tailored for residential use to meet growing consumer demand for cleaner living environments.
North America to Dominate the Market
Report Feature |
Descriptions |
---|---|
Growth Rate |
CAGR of 7.2% during the forecasting period, 2024-2030 |
Historical Data |
2020-2022 |
Forecast Years |
2024-2030 |
Base Year |
2023 |
Units Considered |
Revenue in USD billion and CAGR from 2024 to 2030 |
Report Segmentation |
Product Type, Circulation, Portability, and Region. |
Report Attribute |
Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling |
Regional Level Scope |
North America, Europe, Asia-Pacific, South America, and Middle East, and Africa |
Country Level Scope |
U.S., Japan, Germany, U.K., China, India, Brazil, UAE, and South Africa (50+ Countries Across the Globe) |
Companies Profiled |
3M Co., Ahlstrom-Munksjo Oyj, AVVIR, Camfil AB, Cummins Inc., Daikin Industries Ltd., DENSO Corp., Donaldson Co. Inc., Freudenberg Group, IQAir, MAHLE GmbH, MANN+HUMMEL Group, Parker Hannifin Corp., Samsung Electronics, Whirlpool Corporation. |
Available Customization |
In addition to the market data for the Air Purifier Market, Delvens offers client-centric reports customized according to the company’s specific demand and requirements. |
The Air Purifier Market is segmented into various segments such as Product Type, Circulation, Portability, and Region:
Based on Product Type
Based on the Circulation
Based on the Portability
Based on region
The prominent players in the Air Purifier Market are