Impact of Covid-19 on Air Purifier Market Size, Share, Growth, Demands, Segmentation, Top Key players and Forecast 2028

The Global Air Purifier Market size was valued at USD 9.55 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 12.6% from 2020 to 2027. Rising air pollution levels, increasing disposable income, and growing health awareness regarding the harmful effects of air pollution on human health are expected to boost market growth over the forecast period. Air is the most vital element of human life. Clean air is of the utmost importance to avoid various health problems, including respiratory diseases such as asthma and Chronic Obstructive Pulmonary Disease (COPD). However, rapid urbanization and industrialization, coupled with an increase in the number of vehicles, have significantly contributed to air pollution around the globe.

The U.S. dominated the North America air purifier market in 2020 and is expected to maintain its lead over the forecast period. Rising pollution levels and increasing prevalence of airborne diseases in the U.S. have created awareness among consumers, thereby increasing the product demand. Moreover, awareness regarding controlling air pollution and stringent environment protection laws are likely to have a positive impact on market growth.

Several factors such as rising health concerns, deteriorating indoor air quality, changing lifestyle preferences, and increasing awareness among consumers regarding the advantages associated with air purifiers are expected to drive the market. Earlier, the demand for air purifiers was primarily driven by consumers suffering from respiratory disorders. However, there has been a rise in the demand for air purifiers on account of the growing number of health-conscious consumers.

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The High-efficiency Particulate Air (HEPA) technology segment led the market and accounted for 40.0% share of the global revenue in 2020. HEPA filters are a type of extended surface mechanical filters, majorly manufactured using submicron glass fibers. The large surface area of HEPA filters helps remove around 99.7% of the particles having a size greater than or equal to 0.3 microns. It offers high efficiency in filtering both small and large particles.

The high-quality and reliability of HEPA filters to remove airborne particles are anticipated to boost product penetration in the global market. However, other contaminants in the air, such as Volatile Organic Compounds (VOCs), viruses, bacteria, and mold, are not trapped in HEPA filters. This, in turn, results in the adoption of HEPA filter, along with activated carbon or ionic filters, for removing the aforementioned contaminants.

The commercial application segment led the market and accounted for 54.3% share of the global revenue in 2020. Commercial applications of air purifiers include offices, hospitals, educational centers, hotels, conference centers, shopping malls, movie theaters, and other recreational facilities. Moreover, air purifiers are installed in offices for maintaining indoor air quality as poor indoor air quality may hamper the productivity of employees.

The Air Purifier Market is segmented on the basis of technology, application and region. On the basis of technology High-efficiency Particulate Air (HEPA), Activated Carbon, Ionic Filters, Others. On the basis of application Commercial (Retail Shops, Offices, Healthcare Facilities, Hospitality, Schools & Educational Institutions, Laboratories, Transport, Others), Residential, Industrial.

The Asia Pacific dominated the market and accounted for 41.1% share of the global revenue in 2020. Rapid industrialization, urbanization, rising disposable income, and increasing awareness regarding the harmful effects of air pollution are anticipated to increase the adoption of air purifiers over the forecast period.

China is growing at an exponential rate in terms of manufacturing devices working on renewable energies. However, it still accounts for approximately 50% of the world’s coal consumption. As a result, clean indoor air is becoming extremely important in China. A large number of building managers are providing air filters in offices and offering indoor air quality assessments for top tier companies. All these factors are anticipated to stimulate market growth over the forecast period.

Air pollution is high in various parts of North America. However, it has improved slightly on account of the progress in technologies and environmental regulations. Air quality policies such as the U.S. Clean Air Act, establishment of national ambient air quality standards by the U.S. EPA, and comprehensive emission reduction strategies by Environment Canada are expected to create new avenues for air purifier manufacturers over the forecast period.

By Market Players:
Sharp
Whirlpool
Daikin
Philips
Electrolux
Panasonic
Blueair
YADU
Coway
Midea
Samsung
Lexy
Austin
Beiangtech

By Type
HEPA
Activated Carbon
UV Technology
Ion and Ozone Generator
Other

By Application
Residential
Commercial
Other

By Regions/Countries:
North America
United States
Canada
Mexico
East Asia
China
Japan
South Korea
Europe
Germany
United Kingdom
France
Italy
South Asia
India
Southeast Asia
Indonesia
Thailand
Singapore
Middle East
Turkey
Saudi Arabia
Iran
Africa
Nigeria
South Africa
Oceania
Australia
South America

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For a global outreach, the Air Purifier study also classifies the market into a global distribution where key market demographics are established based on the majority of the market share. The following markets that are often considered for establishing a global outreach are North America, Europe, Asia, and the Rest of the World. Depending on the study, the following markets are often interchanged, added, or excluded as certain markets only adhere to certain products and needs.

Here is a short glance at what the study actually encompasses:
Study includes strategic developments, latest product launches, regional growth markers and mergers & acquisitions
Revenue, cost price, capacity & utilizations, import/export rates and market share
Forecast predictions are generated from analytical data sources and calculated through a series of in-house processes.

However, based on requirements, this report could be customized for specific regions and countries.

TABLE OF CONTENTS
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Air Purifier Market
Chapter 5. Global Air Purifier Market Overview, By Application, 2015 - 2027(USD Million)
Chapter 6. Global Air Purifier Market Overview, By Distribution Channel, 2015 - 2027(USD Million)
Chapter 7. Global Air Purifier Market Overview, By Geography, 2015 - 2027(USD Million)
Chapter 8. North America Air Purifier Market Overview, By Countries, 2015 - 2027(USD Million)
Chapter 9. Europe Air Purifier Market Overview, By Countries, 2015 - 2027(USD Million)
Chapter 10. Asia Pacific Air Purifier Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 11. Middle East & Africa Air Purifier Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 12. South America Air Purifier Market Overview, By Countries, 2015 - 2027 (USD Million)
Chapter 13. Competitive Landscape
Chapter 14. Key Vendor Analysis
Chapter 15. Air Purifier Market Cost Analysis
Chapter 16. Sourcing Strategy and Downstream Buyers
Chapter 17. Marketing Strategy Analysis, Distributors/Traders
Chapter 18. Market Effect Factors Analysis
Chapter 19. Future Outlook of the Market

Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.

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