Europe Air Purification Market Key Players Analysis, Opportunities and Growth Forecast to 2028

The air purification market in Europe is expected to grow from US$ 5,057.14 million in 2022 to US$ 14,144.86 million by 2028. It is estimated to grow at a CAGR of 18.7% from 2022 to 2028.

Growth Opportunities in Developing Countries

Europe Air Purification Market The demand for air purification products comes from emerging countries wherein investment prospects and the increase in the adoption of air purifiers give a positive outlook for the market. The emerging countries are ongoing rapid urbanization and industrialization, along with a growing population with increased disposable income, creating a potential opportunity for air purification products. Europe Air Purification Market The FDI Equity inflow in Manufacturing Sectors increased 76% in FY 2021-22 to US$ 21.34 billion compared to FY 2020-21 to US$ 12.09 billion. Thus, such growth prospects in the manufacturing sector are bringing the need for a healthy and safe working environment for the workers, further accelerating the air purification market over the forecast period. Thus, such growth prospects in 2021 are further anticipated to bring more lucrative opportunities for air purification manufacturers during the forecast period.

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Market Overview

Europe Air Purification Market Germany, France, the UK, and Italy are among the major economies in Europe. In Europe, the high prevalence of many respiratory diseases due to poor air quality increased the demand for air purification. In this context, an increasing degree of industrialization leading to increased emission of air pollutants is also boosting the market growth. Additionally, increasing vehicle ownership and increased adoption of air pollution control devices, including air purification to mitigate the harmful effects of toxic vehicle exhaust emissions, further boost the regional market. Apart from that, a significant increase in construction activity and growing awareness of the deterioration of indoor air quality due to synthetic building materials will act as further growth-enhancing factors. Europe Air Purification Market In addition, wide availability of different air purification. Multi-purpose, smart, and compact air purification, market growth in Europe is positive. In addition, the increasing integration of air purification with various advanced technologies such as IoT, Wi-Fi, and Bluetooth, with automatic operation and increased efficiency, continues to increase the demand for products in the region. The market growth is mainly due to the growing demand for energy efficient and high-performance air purification across the Germany.

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The List of Companie

Whirlpool Corporation

Camfil

DAIKIN INDUSTRIES, Ltd.

Honeywell International Inc.

Koninklijke Philips N. V

LG Electronics

Panasonic Corporation

Unilever PLC

ActivePure Technologies, LLC.

IQAir


Segments Covered

By Product Type

Activated Carbon Filtration
HEPA
Ionizer Purifiers
UVGI
By Application

Commercial
Residential
Industrial

The Europe air purification market is a rapidly growing industry, driven by increasing concerns about air pollution, rising health issues associated with poor air quality, and stringent regulations concerning environmental standards. Europe Air Purification Market Air purifiers have become a vital part of modern living spaces and industrial settings, as people strive to create healthier environments by removing pollutants from the air. This demand has been further accelerated by the increasing awareness of the impact of poor indoor air quality on human health, leading to a rise in consumer interest and adoption of air purification systems across Europe.

The demand for air purification products in developing countries is witnessing substantial growth, driven by a combination of factors such as rapid urbanization, industrialization, rising disposable incomes, and increased awareness of health issues related to poor air quality. The growing middle class, particularly in countries across Asia, Latin America, and Africa, is contributing to an expanding consumer base for air purifiers. As these nations continue to industrialize and urbanize, the need for clean and safe air in both residential and commercial spaces is expected to increase, creating a wealth of opportunities for manufacturers and investors in the air purification market.

One of the key drivers behind the increasing demand for air purifiers in emerging economies is the ongoing urbanization. Cities in developing countries are growing at an unprecedented rate, with millions of people migrating from rural areas to urban centers in search of better economic opportunities. This urban migration leads to higher population densities, which in turn exacerbates the problem of air pollution. Poor air quality in these urban areas is often the result of a combination of factors such as vehicular emissions, industrial activities, construction work, and an increase in waste production. As a result, there is a growing need for effective air purification solutions to combat pollutants and ensure the health and well-being of urban populations.

In parallel with urbanization, industrialization is also playing a significant role in boosting demand for air purification products. Developing countries are increasingly focusing on manufacturing, which not only contributes to economic growth but also introduces additional air pollutants into the environment. Many of these countries are making concerted efforts to attract foreign direct investment (FDI) into their manufacturing sectors, and this influx of investment further accelerates industrialization. For instance, the FDI equity inflow in manufacturing sectors surged by 76% in FY 2021-22, reaching US$ 21.34 billion, compared to US$ 12.09 billion in FY 2020-21. This growth in industrial activity can result in higher levels of air pollution, thus increasing the need for air purifiers in industrial settings, factories, and offices.

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