Global Air Purifier Market to Grow at 13% until 2025

Increasing concerns about indoor air pollution, growing urbanization and rising disposable income to drive global air purifier market

According to TechSci Research report, “Global Air Purifier Market By Filter Type, By End User, By Region, Competition, Forecast & Opportunities, 2025”, the global air purifier market is forecast to grow at a CAGR of around 13% during 2020 – 2025 due to growing health concerns among people about indoor air pollution, rising number of product innovations and increasing disposable income. To meet the increasing requirements and looking at rising air pollution levels, globally, leading market players are focusing more towards developing high-end air purifiers, which is expected to further drive global air purifier market through 2025.

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The shift towards using air purifiers is expected to increase over the next five years due to rising health consciousness among the people and increasing incidences of health-related problems due to air pollution. The global air purifier market is segmented based on the product type, end-user, region and competition. Based on the end-user, the market is bifurcated into Residential, Commercial and Industrial. Until 2019, the commercial segment dominated in the global air purifier market and the segment’s share is forecast to further increase during the forecast period. Further, the global air purifier market is segmented based on filter type which includes HEPA & Activated Carbon, Ion & Ozone, Electrostatic Precipitators, HEPA & Activated Carbon + Ion & Ozone, HEPA, Activated Carbon and Others. Till 2019, HEPA & Activated Carbon category held the largest share in the global air purifier market.

Asia Pacific accounts for the largest share in the global air purifier market and this trend is anticipated to continue with the region grabbing more than 55% share by 2025. Camfil AB, Panasonic Corporation, IQAir AG, Blueair AB, Koninklijke Philips N.V., Honeywell International Inc., Coway Co., Ltd., Sharp Corporation, Samsung Electronics Co. Ltd., LG Electronics Inc., Austin Air Systems Ltd. , Jarden Consumer Solutions (Europe) Limited, AllerAir Industries, Alen Corporation, Eureka Forbes Ltd., Rabbit Air, Beijing YADU Science & Technology Co., Ltd., and Daikin Industries Ltd are some of the leading players operating in the global air purifier market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their market share and to expand their customer base.

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“Asia Pacific holds the largest share in the global air purifier market, followed by North America, owing to growing industrial air pollution in both the regions. Both of these regions account for more than 90% of the global air purifier market. Asia-Pacific is expected to continue its dominance in the coming years, which can be attributed to rising and ageing population, increasing air pollution and growing awareness about its impact on human health.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Global Air Purifier Market By Filter Type, By End User, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of air purifier market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges and opportunities in the global air purifier market.

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TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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