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Surging Concern For Airborne Diseases Driving Growth In The Air Purifier Market: An Emerging Driver Transforming The Air Purifiers Market Landscape
Air Purifiers
What Is the Projected Growth of the Air Purifiers Market?
The market for air purifiers has seen a fast-paced expansion in the past few years. It is projected to surge from $2.25 billion in 2024 to $2.53 billion in 2025, advancing at a compound annual growth rate (CAGR) of 12.3%. This significant growth during the historical period is due to factors such as escalating levels of air pollution, enhanced health consciousness, advancements in technology, rising instances of respiratory illnesses, growth of the elderly population, and economic development in burgeoning markets.
The burgeoning expansion of the air purifier market, anticipated to reach a value of $4.45 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 15.2%, is predicted to surge over the coming years. This upswing during the projected period is linked to a heightened incidence of allergies, growing awareness around health, shifting weather patterns, an escalating frequency of obstructive sleep apnea, the effects of COVID-19, and proliferating urbanization. Key trends projected for the period include the manufacture of intelligent air purifiers to leverage evolving consumer trends and escalating popularity of these commodities, a concentration on creating energy-conserving products, multi-utility products, mobile products, wearable air purifiers, intensified focus on Mergers and Acquisitions (M&A) growth tactics to broaden the consumer base, and putting capital towards offering automated air purifiers.
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What Are the Different Air Purifiers Market Segments?
The air purifiers market covered in this report is segmented -
1) By Type: Dust Collectors, Fume And Smoke Collectors, Other Types
2) By Technology: HEPA Filter, Activated Carbon, Other Technologies
3) By End-User: Residential, Commercial
Subsegments:
1) By Dust Collectors: Portable Dust Collectors, Industrial Dust Collectors, Cyclone Dust Collectors, Baghouse Dust Collectors
2) By Fume And Smoke Collectors: Welding Fume Collectors, Kitchen Exhaust Fume Collectors, Laboratory Fume Extractors, Air Filtration Systems For Smoke
3) By Other Types: HEPA Air Purifiers, UV Air Purifiers, Ionizers, Activated Carbon Air Purifiers, Ozone Generators
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What Are the Primary Drivers Shaping the Air Purifiers Market?
Mounting anxiety about diseases transmitted through the air is propelling the growth of the air purifier market. Health complications like asthma, allergies, and other respiratory ailments caused by airborne ailments are influencing people to acquire air purifiers for both commercial and residential use. For example, in a report released by the Centers for Disease Control and Prevention, a government agency in the United States, it was noted that in 2022 there were 8,331 identified TB cases in the US, equating to a 2.5 per 100,000 persons rate. This is a rise from the figures of the preceding year. Consequently, the escalation in air-transmitted diseases directly impacts the expansion of the air purifier market.
Which Companies Are Leading in the Air Purifiers Market?
Major companies operating in the air purifiers market include LG Electronics Inc., Coway Co. Ltd., Daikin Industries Ltd., Dyson Ltd., Whirlpool Corporation, Xiaomi Corporation, Resideo Technologies Inc., 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.
What Are the Major Trends Shaping the Air Purifiers Market?
Smartphone-enabled smart air purifiers are a significant trend in the market. These purifiers enable air quality monitoring and management through a mobile application, offering real-time quality data. For instance, in November 2022, IQAir introduced the Smart Slim Bionic Air Purifier Atem X. This device is developed to improve indoor air quality with its advanced filtration technology and innovative design. It targets different airborne pollutants, making it adaptable to various settings including homes, offices, and healthcare facilities. The IQAir Atem X is greatly beneficial for people suffering from allergies or respiratory issues as it can eliminate allergens and other harmful air particles. Its silent operation allows it to operate quietly in bedrooms or offices without causing disturbance.
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What Are the Top Revenue-Generating Geographies in the Air Purifiers Market?
North America was the largest region in the air purifiers market in 2024. Asia-Pacific was the second-largest region in the global air purifiers market share. The regions covered in the air purifiers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Air Purifiers Market?
2. What is the CAGR expected in the Air Purifiers Market?
3. What Are the Key Innovations Transforming the Air Purifiers Industry?
4. Which Region Is Leading the Air Purifiers Market?
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