Air Purifier Market

“Air Purifier Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the air purifier market. Air pollution causes several health hazards, such as throat irritation, burning sensation in the eyes, bronchitis, severe asthma, and allergic respiratory disorders. An air purifier is an apparatus that removes contaminants from the air to improve indoor air quality. It sanitizes the air, which may include toxins, pollutants, mold, smoke, gases, dust, harmful chemicals, and allergens. It consists of a filter, housing, and motor/fan and is made from high-impact polystyrene, polypropylene polyvinyl chloride, plastic, or high-density polyethylene. Some of the commonly available air purifiers include fiberglass, pleated, and high-efficiency particle arresting (HEPA) air purifiers. Additionally, it helps relieve the symptoms of asthma, eliminates harmful contaminates from indoor environments, neutralizes unpleasant odors, reduces the chances of airborne disease, and improves sleep. As a result, it is witnessing a significant demand across households, retail stores, public spaces, corporate and government offices, and industrial infrastructures.

The air purifier market is primarily driven by increasing pollution levels and changing climatic conditions across the globe. This is further supported by the rising consumer awareness regarding the negative effects of pollution on health. Additionally, the recent COVID-19 outbreak has surged the demand for air purifiers to prevent the spread of the virus, which, in turn, is creating a positive outlook for the market. In line with this, key market players are introducing advanced air purifiers, such as app-integrated, ultraviolet (UV) light technology, and ozone generator air purifiers, to increase their consumer base, which is providing a considerable thrust to the market growth. Furthermore, the inflating consumer expenditure power and the rising construction of smart homes equipped with luxury and high-end products are other factors accelerating the market growth. Apart from this, the significantly expanding vehicle fleet and rapid urbanization are bolstering the market growth. Other factors, such as the surging demand for filtration systems, easy product availability in online retail stores, and the introduction of several awareness programs by governments of various nations to promote the use of air purifiers, are positively contributing to the market growth.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the air purifier market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenarios from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints, and recent developments have also been analyzed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the air purifier market in North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each of these regions, the report studies the air purifier market in detail for the latest trends, outlooks,s, and opportunities.

The report analyses the competitive structure of the air purifier Industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the air purifier Industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the air purifier Industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the air purifier Industry. Furthermore, the value chain analysis of the air purifier Industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Segmentation by Product: 

• HEPA Purfier
• Ionic Air Purifier
• Electrostatic Precipitators
• Ultra Violet(UV) Light Purifier
• Activated Carbon Purifier
• Others

Segmentation by Impurity

• Exhaust Filtration
• Smoke Collectors
• Oil and Mist Collectors
• Fume Extraction
• Others

Segmentation by End-use

• Industrial
• Commercial 
• Residential

Segmentation by Region:

• Asia-Pacific
• Europe
• Latin America
• North America
• Middle East & Africa

Competitive Landscape:

• Daikin Industries Ltd.
• Camfil Group
• Philips Electronics N.V.
• 3M Company
• Panasonic Corporation
• LG Electronics Inc.
• Mann+Hummel
• Honeywell International Inc.
• Clarcor Inc.
• Whirlpool Corporation
• SPX Flow
• Eureka Forbes
• Electrocorp
• Fumex Inc.

The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the air purifier industry along with the parameters of porter’s five forces model. This model examines the degree of competition in the air purifier industry by analyzing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. Swot analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities, and threats pertaining to the air purifier industry. Furthermore, the value chain analysis of the air purifier industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing and sales of the products, and their distribution.

Highlights of the Air Purifier Market

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the air purifier industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analyzed and presented in the form of easily comprehensible charts, graphs, and tables.