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Air Purifiers Global Market Analysis, Trends, Growth, Research And Forecast 2033
Air Purifiers Global Market
As per the report, the air purifiers market size has grown rapidly in recent years. It will grow from $2.02 billion in 2023 to $2.29 billion in 2024 at a compound annual growth rate (CAGR) of 13.1%. The air purifiers market size is expected to see rapid growth in the next few years. It will grow to $3.94 billion in 2028 at a compound annual growth rate (CAGR) of 14.5%.
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Surging Concern For Airborne Diseases Driving Growth In The Air Purifier Market
The rising concern for airborne diseases is driving the air purifier market. An increase in health issues such as asthma, allergies, and other breathing disorders due to airborne diseases encourages consumers to invest in air purifiers at commercial and residential locations. For instance, according to a report by the American Lung Association, in 2021, 4 in every 10 people in the US will live with polluted air. Further, the 22nd annual State of the Air report shows that people of color were 61% more likely to live in a country with unhealthy air than white people. As per the department of statistics in Singapore, there were 246 cases of airborne diseases reported across Singapore. Therefore, the increasing prevalence of airborne diseases contributes to the growth of the air purifier market.
Adoption Of Smart Air Purifiers With Smartphone Control Enhances Market Trends
The use of smart air purifiers through the smartphone-enabled application is a key trend in the market. Smart air purifiers allow the air quality to be monitored and managed from a smartphone application, which provides a live reading of quality data. For instance, in August 2021, IKEA, a Switzerland-based company operating in the home furniture, introduced STARKVIND, a smart air purifier. STARKVIND smart air purifier is designed for indoor use that can be controlled and scheduled via the IKEA Home smart app, with the built-in air quality sensor it has five different fan speeds and an auto-mode and can adjust the fan speed correlated with enclosed space.
The air purifiers market covered in this report is segmented -
1) By Type: Dust Collectors, Fume & Smoke Collectors, Other Types
2) By Technology: HEPA Filter, Activated Carbon, Other Technologies
3) By End-User: Residential, Commercial
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Major companies operating in the air purifiers market report are LG Electronics Inc., Coway Co. Ltd., Daikin Industries Ltd., Dyson Ltd., Whirlpool Corporation, Xiaomi Corporation, Resideo Technologies Inc., Koninklijke Philips N.V., Panasonic Corporation, Samsung Electronics Co. Ltd., Sunbeam Products Inc., YADU, Midea, Beiangtech, IQ Air, Honeywell International, Camfil, Sharp, Blue Air (Unilever), Teqoya, Dexwet True Filter Solutions, Tion, Americair Corporation, Wynd Technologies, Samsung Electronics America, Haier Group, Electrolux, GE Healthcare, Viking Range, Nordic Air Filtration, ResMed Inc., Phillips, Elaraby Group.
Contents of the report:
1. Executive Summary
2. Air Purifiers Market Report Structure
3. Air Purifiers Market Trends And Strategies
4. Air Purifiers Market - Macro Economic Scenario
5. Air Purifiers Market Size And Growth
…..
27. Air Purifiers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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