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Air Purifiers: A Leading Driver Behind Surging Concern For Airborne Diseases Driving Growth In The Air Purifier Market Market Expansion in 2025
Air Purifiers Market
What Will the Air Purifiers Industry Market Size Be by 2025?
There has been a swift surge in the air purifiers market size lately. There's a projected growth from $2.25 billion in 2024 to $2.53 billion in 2025, with a compound annual growth rate (CAGR) of 12.3%. The historic period growth can be attributed to factors including elevated levels of air pollution, improved health awareness, advancements in technology, a surge in respiratory diseases, an aging population, and economic development in emerging markets.
What's the Long-Term Growth Forecast for the Air Purifiers Market Size Through 2029?
The market for air purifiers is anticipated to undergo accelerated expansion in the upcoming years, reaching a value of $4.45 billion in 2029 with a CAGR of 15.2%. This anticipated increase in the forecast period can be credited to a higher occurrence of allergies, surging awareness about health, modifications in climate conditions, the rising incidence of obstructive sleep apnea, the impact of COVID-19, and intensifying urbanization. The forecast period is further characterized by notable trends such as the creation of intelligent air purifiers to tap into evolving consumer behaviors and the burgeoning popularity of these appliances, emphasis on formulating energy-saving products, multi-practical products, portable items, wearable air purifiers, an intensified emphasis on M&A expansion tactics to broaden customer reach, and investments towards automated air purifiers.
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What Are the Key Growth Drivers Fueling the Air Purifiers Market Expansion?
Concerns about airborne illnesses are fueling the expansion of the air purifier market. The surge in health complications such as asthma, allergies, and other respiratory disorders as a result of these diseases prompts individuals to purchase air purifiers for both commercial and residential properties. For example, in a report issued by the US government agency, the Centers for Disease Control and Prevention in March 2024, it was revealed that 8,331 TB cases were documented in the United States in 2022, equivalent to a rate of 2.5 per 100,000 individuals. This represents a growth from the prior year. Consequently, the growing incidence of airborne diseases adds to the development of the air purifier market.
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What Are the Key Trends Driving Air Purifiers Market Growth?
A prominent trend emerging in the market is the utilization of smart air purifiers, managed via smartphone applications. These advanced air purifiers empower users to keep track of and regulate air quality through a live data reading in the app. For example, IQAir introduced its Smart Slim Bionic Air Purifier Atem X in November 2022. This product uses cutting-edge filtration technology and inventive design to improve indoor air environments. Capable of targeting a range of air pollutants, this air purifier is adaptable for different settings - homes, offices, or healthcare facilities. The Atem X air purifier from IQAir has shown to be advantageous for those suffering from allergies or respiratory problems due to its effectiveness in eliminating allergens and harmful particles from the surrounding air. Furthermore, its silent functioning ensures it can be utilized in bedrooms or offices without being disruptive.
How Is the Air Purifiers Market Segmented?
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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Which Companies Are Leading the Charge in Air Purifiers Market Innovation?
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.
Which Regions Are Leading the Global Air Purifiers Market in Revenue?
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
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