Press release
Global Indoor Air Purification Market Projected to Surpass $40.49 Billion by 2029 with 10% Annual Growth
Indoor Air Purification Market Share
The surge in airborne ailments is projected to spur the expansion of the indoor air purification market. These diseases, which are spread via the air carrying pathogens from an infected source, are combatted using indoor air purifiers. These devices are typically installed in homes and business premises to filter and eradicate air contaminants that can potentially cause illness, such as allergens, dust, and lint, thereby improving air quality. For instance, the Centers for Disease Control and Prevention, a national public health institution in the US, reported roughly 264 mumps cases across 39 jurisdictions in 2022. Consequently, the rising incidences of airborne diseases are propelling the growth of the indoor air purification market.
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What Is the projected market size and growth rate for the indoor air purification market?
In recent times, there has been significant growth in the market size for indoor air purification. It is projected to inflate from $25.43 billion in 2024 to $27.54 billion in 2025, marking a compound annual growth rate (CAGR) of 8.3%. This growth pattern in the historical phase can be traced back to factors such as industrial utilization, customer choices, control of allergens, environmental issues, and the prevalence of airborne diseases and allergens.
The market size of indoor air purification is anticipated to experience swift expansion in the coming years, reaching a hefty $40.49 billion by 2029 with a compound annual growth rate (CAGR) of 10.1%. The surge during the forecast period is likely due to factors such as consumer tastes and features of the products, concerns over allergies and asthma, commercial and institutional needs, the advent of smart and interconnected solutions, and the demand for sustainable answers. Key trends anticipated during this period encompass the increase in health awareness, the challenge of indoor pollution due to urbanization, the repercussions of the COVID-19 pandemic, regulatory standards, sustainable solutions, and the emergence of smart and interconnected appliances.
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What new trends are reshaping the indoor air purification market and its opportunities?
In the indoor air purification market, a major trend gaining traction is product innovation. Major market players are capitalizing on this by creating cutting-edge solutions to solidify their market dominance. As a case in point, in October 2022, Dyson Limited, a prominent UK firm specializing in air purifiers and domestic appliances, unveiled two new models: the Dyson Purifier Hot+Cool and the Dyson Purifier Cool - air purifiers with hot and cold settings peppered with HEPA filtration. Both models come equipped with upgraded HEPA filters meeting the new HEPA H13 norms, capable of capturing 99.5% of minute particles as small as 0.1 microns. This includes a variety of allergens, bacteria, viruses, pollen and mould spores along with the H1N1 virus. Furthermore, these models boast acoustic improvements, operating at noise levels 20% less than prior models.
What major market segments define the scope and growth of the indoor air purification market?
The indoor air purification market covered in this report is segmented -
1) By Product: Dust Collectors And Vacuums, Fume And Smoke Collectors, Mist Eliminators, Bad Odor And Harmful Gasses, Fire And Emergency Exhaust, Viruses And Fungus
2) By Technology: HEPA, Electrostatic Precipitators, Activated Carbon, Ionic Filters, Other Technologies
3) By Function: Manual, Sensor
4) By Distribution Channel: Direct Selling, E-Commerce, Super markets Or Hyper markets, Specialty Stores
5) By Application: Industrial, Commercial And Residential
Subsegments:
1) By Dust Collectors And Vacuums: Industrial Dust Collectors, HEPA Vacuums, Portable Dust Collectors
2) By Fume And Smoke Collectors: Bench-Top Fume Extractors, Downdraft Tables, Portable Fume Extractors
3) By Mist Eliminators: Cyclone Mist Collectors: Electrostatic Mist Collectors, Oil Mist Separators
4) By Bad Odor And Harmful Gases: Activated Carbon Filters, Ozone Generators, Chemical Absorbers
5) By Fire And Emergency Exhaust: Smoke Exhaust Systems, Emergency Ventilation Systems, Fire Dampers
6) By Viruses And Fungus: UV-C Air Purifiers, HEPA Air Purifiers, Ionizers
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Which region dominates the indoor air purification market?
Asia-Pacific was the largest region in the indoor air purification market in 2024. The regions covered in the indoor air purification market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Which key market leaders are driving the indoor air purification industry growth?
Major companies operating in the indoor air purification market include Daikin Industries Ltd, Koninklijke Philips N V, LG Electronics Inc, Panasonic Holdings Corporation, Honeywell International Inc, Samsung Electronics Co Ltd, Sharp Corporation, Dyson Limited, Whirlpool Corporation, Aerus LLC, Legend Brands Inc, Xpower, Abatement Technologies, Pullman Ermator Inc, Envirco Corporation, Camfil Group, Hamilton Beach Brands Inc, Lifa Air Ltd, Coway Co. Ltd., Midea Group Co. Ltd., Xiaomi Corporation, Airfree Produtos Electrónicos SA, Air Oasis LLC, Airgle Corporation, Alen Corporation, Austin Air Systems Limited, Blue Pure AB, Carrier Global Corporation, Guardian Technologies LLC, Levoit, Medify Air LLC, Atlanta Healthcare, Kent RO Systems Ltd., Molekule
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What Is Covered In The Indoor Air Purification Global Market Report?
• Market Size Forecast: Examine the indoor air purification market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the indoor air purification market for a structured understanding.
• Key Players Overview: Analyze major players in the indoor air purification market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the indoor air purification market.
• Segment Contributions: Evaluate how different segments drive overall growth in the indoor air purification market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the indoor air purification market.
• Industry Challenges: Identify potential risks and obstacles affecting the indoor air purification market.
• Competitive Landscape: Review strategic developments in the indoor air purification market, including expansions, agreements, and new product launches.
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