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Portable Air Purifier Market worth $12.60 billion by 2030, growing at a CAGR of 11.93% - Exclusive Report by 360iResearch
Portable Air Purifier Market | 360iResearch
The Global Portable Air Purifier Market to grow from USD 5.72 billion in 2023 to USD 12.60 billion by 2030, at a CAGR of 11.93%.
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A portable air purifier is a compact, mobile device designed to enhance indoor air quality by removing contaminants by using advanced filtration technologies such as High-Efficiency Particulate Air (HEPA) filters, activated carbon filters, and Ultraviolet Germicidal Irradiation (UVGI). These devices primarily reduce common airborne irritants such as dust, pollen, mold spores, pet dander, and volatile organic compounds (VOCs). The superior filtration capabilities, proven effectiveness, and compliance with stringent industry standards have improved the deployment of HEPA filters for portable air purifiers. Most portable air purifiers are equipped with advanced sensors that detect various pollutants such as particulate matter (PM), volatile organic compounds (VOCs), and harmful gases, including carbon monoxide (CO) and nitrogen dioxide (NO2), to combat the rising levels of air pollution across the globe. Portable air purifiers use multiple filtration technologies to control airborne pollutants effectively. The limited filter efficiency, high maintenance requirements, and issues of malfunctioning portable air purifiers limit product penetration worldwide. However, introducing advanced filtration technologies, incorporating smart features, and developing energy-efficient and compact design models are expanding the availability and use of portable air purifiers worldwide. In addition, the growing presence of portable air purifiers on online channels to cater to the increasing demand for clean indoor air is expected to provide growth opportunities for the portable air purifier market in the coming years.
The Asia-Pacific region represents a rapidly growing market for portable air purifiers owing to the increasing deployment in densely populated cities to overcome the burden of air pollution. The strong presence of market players focused on new product development and product advancements has increased the availability of portable air purifiers in the APAC region. The strict governmental policies and regulations for air quality control and deployment of smart features in portable air purifiers have contributed to the market growth in the Americas. The EMEA region observes a highly developing portable air purifier market due to the elevated consumer awareness regarding the importance of air quality, with growing concerns associated with respiratory disorders. The stringent government standards and regulations for air quality and the burden of dust storms in the region have created growth opportunities for the portable air purifier market in the EMEA region.
Market Segmentation & Coverage:
This research report categorizes the Portable Air Purifier Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Technology, market is studied across Activated Carbon, HEPA, Negative Ion, Ozone, and UV. The HEPA commanded largest market share of 26.52% in 2023, followed by Activated Carbon.
Based on Distribution, market is studied across Offline and Online. The Offline commanded largest market share of 89.70% in 2023, followed by Online.
Based on Application, market is studied across Commercial and Residential. The Commercial is further studied across Educational Centers, Hospitals, Hotels, Offices, Recreational Facilities, and Shopping Centers. The Commercial commanded largest market share of 63.98% in 2023, followed by Residential.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 35.87% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Portable Air Purifier Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Portable Air Purifier Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Portable Air Purifier Market, highlighting leading vendors and their innovative profiles. These include Air Health, Airgle Corporation, Alen Corporation, AllerAir Industries Inc., American Air Filter Company, Inc., Arovast Corporation, Austin Air Systems, Blue Star Ltd., Camfil AB, Carrier Global Corporation, Chemietron Cleantech Pvt. Ltd., Coway Co., Ltd. by Netmarble Corp., Coway USA, Inc., Daikin Industries, Ltd., Dyson Limited, Freudenberg Filtration Technologies GmbH & Co. KG, Haier Group Corporation, Havells India Ltd., Honeywell International Inc., Intellipure, Inc., IQAir AG, Kent RO Systems Ltd., Koninklijke Philips N.V., Krug & Priester GmbH & Co. KG, Kurt Hüttinger GmbH & Co. KG, LG Electronics, Panasonic Holdings Corporation, Samsung Electronics Co., Ltd., Sanalife, Sharp Corporation, TRACS Manufacturing, Unilever PLC, US Air Purifiers LLC, Vesync Co., Ltd., Whirlpool Corporation, and Xiaomi Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Portable Air Purifier Market, by Technology
7. Portable Air Purifier Market, by Distribution
8. Portable Air Purifier Market, by Application
9. Americas Portable Air Purifier Market
10. Asia-Pacific Portable Air Purifier Market
11. Europe, Middle East & Africa Portable Air Purifier Market
12. Competitive Landscape
13. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Portable Air Purifier Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Portable Air Purifier Market?
3. What is the competitive strategic window for opportunities in the Portable Air Purifier Market?
4. What are the technology trends and regulatory frameworks in the Portable Air Purifier Market?
5. What is the market share of the leading vendors in the Portable Air Purifier Market?
6. What modes and strategic moves are considered suitable for entering the Portable Air Purifier Market?
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About 360iResearch
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