Press release
Global Indoor Air Purification Market Projected to Grow at 10.1% CAGR, Reaching $40.49 Billion by 2029
Indoor Air Purification
What Will the Indoor Air Purification Industry Market Size Be by 2025?
The size of the indoor air purification market has seen robust growth in the past few years. The market value is projected to increase from $25.43 billion in 2024 to $27.54 billion in 2025, registering a compound annual growth rate (CAGR) of 8.3%. Factors contributing to the growth during the historical period include industrial usage, customer inclination, control of allergens, environmental considerations, airborne illnesses, and allergens.
What's the Long-Term Growth Forecast for the Indoor Air Purification Market Size Through 2029?
The size of the indoor air purification market is predicted to experience a swift expansion in the forthcoming years, with projections suggesting a growth to $40.49 billion by 2029, with a compound annual growth rate (CAGR) of 10.1%. Factors contributing to this growth during the forecast period are consumer preferences and product attributes, concern over allergies and asthma, demand from commercial and institutional sectors, smart and connected solutions, and the need for sustainable solutions. Trending factors during the predicted period include health awareness, urbanization and indoor pollution, the impact of the COVID-19 pandemic, regulatory standards, sustainable solutions, and the prevalence of smart and connected devices.
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What Are the Key Growth Drivers Fueling the Indoor Air Purification Market Expansion?
The escalation of airborne illnesses is predicted to drive the expansion of the indoor air purification industry in the future. Airborne diseases are spread through air, releasing pathogenic microbes from an infected individual. Indoor air purification systems are frequently utilized in both residential and commercial buildings to trap and remove airborne pollutants that could increase the probability of sickness, comprising allergens, dust particles, and lint, thereby improving air quality. For instance, the Centers for Disease Control and Prevention, a national public health institution based in the US, reported approximately 264 mumps cases across 39 jurisdictions in 2022. Consequently, the growing occurrence of airborne diseases is propelling the growth of the indoor air purification market.
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What Are the Key Trends Driving Indoor Air Purification Market Growth?
In the indoor air purification market, the trend towards product innovation is increasingly evident as major firms strive to cement their place in the market by creating novel solutions. Dyson Limited, a UK company known for its air purifiers and home appliances, exemplified this in October 2022 with the launch of the Dyson Purifier Hot+Cool and the Dyson Purifier Cool. These new air purifiers provide hot and cold air output along with HEPA filtration. They come equipped with upgraded HEPA filters that adhere to the new HEPA H13 standard, capable of capturing 99.5% of minute particles of 0.1 microns which include allergens, bacteria, viruses, pollen, and mold spores, as well as the H1N1 virus. Furthermore, these models possess enhanced acoustics that are 20% quieter than previous models.
How Is the Indoor Air Purification Market Segmented?
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 Companies Are Leading the Charge in Indoor Air Purification Market Innovation?
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
Which Regions Are Leading the Global Indoor Air Purification Market in Revenue?
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
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