Air Purifier Market Size, Share & Growth |Opportunities and Forecast, 2020-2027

SKU: DAT81 | Last Updated On: Nov 09 2020 | No. of Pages: 186 | Available Formats

> Global Air Purifier Market Expected to reach a high CAGR of 8.54% By 2027: DataM Intelligence

Global Air Purifier Market is segmented By End-User (Introduction, Residential, Commercial, Others), By Technology (HEPA, Activated Carbon, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2020-2027

 

Air Purifier Market

Market Overview

  • The Global Air Purifier Market is expected to grow at a CAGR of 8.54% in the forecast period of 2020-2027
  • An air purifier is a device that removes contaminants from the air and improves air quality. Air purifiers are also considered beneficial for people with allergies and asthmatics, and at reducing or eliminating second-hand tobacco smoke.

  • For instance, Classic 203 Slim by Blueair is a lightweight and portable residential air purifier. It has a compact fan design and huge filter surface, and delivers solid performance by removing allergy and asthma triggers.

  • The commercially graded air purifiers are manufactured as either small stand-alone units or larger units that can be affixed to an air handler unit (AHU) or to an HVAC unit found in the medical, industrial, and commercial industries.

Market Drivers

  • The global Air Purifier Market is primarily driven due to growing awareness about the adverse effects of air pollution on health.

  • The World Health Organization (WHO) estimates more than Four million deaths worldwide every year are attributed to ambient air pollution.

  • Nearly 90% of air-pollution-related deaths occur in low- and middle-income countries, with nearly 2 out of 3 occurring in WHO’s South-East Asia and Western Pacific regions. 94% are due to noncommunicable diseases such as cardiovascular diseases, stroke, chronic obstructive pulmonary disease and lung cancer.

  • Air pollution also increases the risks for acute respiratory infections.

  • As intake of polluted air can have severe health effects such as asthma, COPD, or increased cardiovascular risks, most countries have strengthened laws to control the air quality and mainly focus on emissions from automobiles.

  • Air purifiers removes smoke particles which pose a risk to health. Moreover, efficient air purifiers have the capacity to capture some bacteria, virus, and DNA damaging particles.

Market Restraints

  • Air Purifier has some disadvantages such as the high initial and maintenance cost.

  • An air purifier can range from $200 to $2,000. In addition, the cost of filter change and its maintenance is also very high as air purifier needs regular filter change which can be in every three months to six months.

  • These replacement filter costs ~$100. Huge cost associated with air purifiers is expected to negatively affect the growth of the market.

Market Segmentation

  • By end-user, the global Air Purifier Market is segmented into residential, commercial, and others.

  • In 2018, the residential segment accounted for the highest market share, and is expected to dominate the market during the forecast period, due to increased demand for smart air purifiers in the residential sector.

  • The major benefit of a smart air purifier is that users can track and control the indoor air quality and can change the basic settings through smartphones. Moreover, increase in awareness about the adverse effects of pollution on health is encouraging various electronics companies to develop advanced air purifiers. Majorly growing product awareness and rising disposable income will drive the residential segment in global air purifier market during the forecast period.

  • By technology, the global Air Purifier Market is segmented into HEPA (High efficiency particulate air), Activated Carbon, and Others (UV Technology-Based Air Purifier Market, Negative Ion Air Purifier Market, and Ozone Air Purifier Market). HEPA technology is expected to dominate the global market throughout the forecast period. HEPA air filters are the most efficient type of air filter available.

  • These are usually made of fiberglass and are 99.97% effective at removing particles as small as 0.3 microns. HEPA air filters are widely used in many high technology industries that demand high air quality.

Geographical Share

  • By geography, the global Air Purifier market is segmented into North America, Asia-Pacific (APAC), Europe, South America, and Middle East and Africa (MEA).

  • North America holds the significant market share, owing to greater disposable income, massive industrialization, environmental protection laws and increased awareness to curb pollution.

  • However, Asia Pacific is expected to dominate the market due to growing urbanization and the increasing pollution during the forecasted period, growing at CAGR of ~12%. Increasing pollution level in metropolitan cities of such as Delhi in India, Beijing in China, owing to increasing number of vehicles is expected to fuel market growth. Rising health awareness regarding benefits of air purifier can increase product demand in the region.

  • Introduction of new and advanced devices by local manufacturing companies can further impel market growth in the coming years. For instance, Xiaomi recently launched Mi Air Purifier 2S. This smart air purifier can be controlled from anywhere using Mi Home App. It can check the air quality, temperature and humidity, adjust the fan strength and set a timer to power on the purifier. The App also automatically notifies you when it's time to replace the filter. 

Competitive Trends

  • Key players are adopting strategies such as mergers and acquisitions, partnerships, regional expansion, and product launches to stand out as strong competitors in the market.

  • Global Air Purifier Market is a competitive market with the presence of various global and regional players in the market. The major players include Honeywell International Inc., Koninklijke Philips, Sunbeam Products Inc., Xiaomi Corporation, and Blueair (Unilever). Other key players in the market include Coway, Whirlpool Corporation, Americair Corporation, Sharp Corporation, and Dyson Technology Limited.

  • In 2018, Honeywell, a leader in Connected Building technologies, today introduced Electronic Air Cleaners (EACs) for commercial buildings in India. The new line expands Honeywell’s comprehensive range of indoor products that help purify air in environments where people spend most of their time – at home, in cars, and now, in buildings like office spaces.

  • In August 2016, Blueair, a world leader in air purifying solutions with acclaimed leading-edge filtration technologies and design, was acquired by Unilever.

  • In 2018, Blueair, together with the Fairmont Beijing Hotel made the prestigious hotel, the world’s first “Blueair Zone”, a safe-haven for breathing clean, healthy, germ-free air.

  • In June 2017, Fairmont Beijing became the first hotel in the world to provide guaranteed clean air for guests and staff. All 222 guest rooms and all conference rooms, corridors, and other public areas such as Spa and VIP lounge, were equipped with state-of-the art Blueair Pro air purifiers, sustainably designed to improve the health and well-being of guests and staff. In addition, Blueair air quality experts regularly inspect and test the air to ensure that even during pollution peaks, the air quality at Fairmont Hotel will remain healthy.

Why Purchase the Report?

  • Identify commercial and residential opportunities in global Air Purifier Market by analyzing trends and co-development deals.

  • Excel data sheet with thousands of data points of the global Air Purifier Market - level 3/5 segmentation.

  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.

  • Product mapping in excel for the key products of all major market players.

Target Audience:

  • Equipment Suppliers/ Buyers

  • Service Providers/ Buyers

  • Industry Investors/Investment Bankers

  • Education & Research Institutes

  • Research Professionals

  • Emerging Companies

  • Manufacturers

 

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Table of Contents

1. Air Purifier Market – Methodology and Scope

1.1. Research methodology

1.2. Research Objective and Scope of the Report

2. Air Purifier Market – Market Definition and Overview

3. Air Purifier Market – Executive Summary

3.1.Market Snippet by End-User

3.2. Market Snippet by Technology

3.3. Market Snippet by Region

3.4. DataM CLO Scenario

4. Air Purifier Market – Market Dynamics

4.1. Market Impacting Factors

4.1.1. Drivers

4.1.1.1. Growing penetration of Air Purifiers in developing countries

4.1.1.2. Stringent regulations and environment protection laws in developed countries

4.1.2. Restraints

4.1.2.1. High maintenance cost of air purifiers

4.1.3. Impact Analysis

5. Air Purifier Market – Industry Analysis

5.1. Porter's Five Forces Analysis

5.2. Regulatory Analysis

6. Air Purifier Market – By End-User

6.1. Introduction

6.2. Residential

6.3. Commercial

6.4. Others

7. Air Purifier Market – By Technology

7.1. Introduction

7.1.1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Industry vertical Segment

7.2. HEPA

7.2.1. Introduction

7.2.2. Market Size Analysis, and Y-o-Y Growth Analysis (%)

7.3. Activated Carbon

7.4. Others

8. Air Purifier Market – By Region

8.1. Introduction

8.2. North America

8.2.1. The U.S.

8.2.2. Canada

8.2.3. Mexico

8.3. Asia-Pacific

8.3.1. China

8.3.2. Japan

8.3.3. South Korea

8.3.4. India

8.3.5. Rest of APAC

8.4. Europe

8.4.1. Germany

8.4.2. The U.K.

8.4.3. France

8.4.4. Rest of Europe

8.5. South America

8.5.1. Brazil

8.5.2. Argentina

8.5.3. Rest of South America

8.6. The Middle East and Africa

9. Air Purifier Market – Competitive Landscape

9.1.Competitive Scenario

9.2. Competitor Strategy Analysis

9.3. Comparative Product Portfolio Analysis

9.4. Market Positioning/Share Analysis

9.5. Mergers and Acquisitions Analysis

10. Air Purifier Market – Company Profiles

10.1. Honeywell International Inc.

10.2. Koninklijke Philips

10.3. Sunbeam Products Inc.

10.4. Xiaomi Corporation

10.5. Blue Air

10.6. Coway

10.7. Whirlpool Corporation

10.8. Americair Corporation

10.9. Sharp Corporation

10.10. Dyson Technology Limited

11. Air Purifier Market – Premium Insights

12. Air Purifier Market – DataM

12.1. Appendix

12.2. About Us and Services

12.3. Contact Us

List of Tables & Figures

List of Tables

Table 01    Global Air Purifier Market Value, By End-User, 2018,2022 & 2026 ($ Million)

Table 02    Global Air Purifier Market Value, By Technology, 2018,2022 & 2026 ($ Million)

Table 03    Global Air Purifier Market Value, By Region, 2018,2022 & 2026 ($ Million)

Table 04    Global Air Purifier Market Value, By End-User, 2018,2022 & 2026 ($ Million)

Table 05    Global Air Purifier Market Value, By End-User, 2017-2026 ($ Million)

Table 06    Global Air Purifier Market Value, By Technology, 2018,2022 & 2026 ($ Million)

Table 07    Global Air Purifier Market Value, By Technology, 2017-2026 ($ Million)

Table 08    Global Air Purifier Market Value, By Region, 2018,2022 & 2026 ($ Million)

Table 09    Global Air Purifier Market Value, By Region, 2017-2026 ($ Million)

Table 10    North America Air Purifier Market Value, By End-User, 2017-2026 ($ Million)

Table 11     North America Air Purifier Market Value, By Technology, 2017-2026 ($ Million)

Table 12    North America Air Purifier Market Value, By Country, 2017-2026 ($ Million)

Table 13    South America Air Purifier Market Value, By End-User, 2017-2026 ($ Million)

Table 14    South America Air Purifier Market Value, By Technology, 2017-2026 ($ Million)

Table 15    South America Air Purifier Market Value, By Country, 2017-2026 ($ Million)

Table 16    Europe Air Purifier Market Value, By End-User, 2017-2026 ($ Million)

Table 17    Europe Air Purifier Market Value, By Technology, 2017-2026 ($ Million)

Table 18    Europe Air Purifier Market Value, By Country, 2017-2026 ($ Million)

Table 19    Asia-Pacific Air Purifier Market Value, By End-User, 2017-2026 ($ Million)

Table 20    Asia-Pacific Air Purifier Market Value, By Technology, 2017-2026 ($ Million)

Table 21    Asia-Pacific Air Purifier Market Value, By Country, 2017-2026 ($ Million)

Table 22    Middle East & Africa Air Purifier Market Value, By End-User, 2017-2026 ($ Million)

Table 23    Middle East & Africa Air Purifier Market Value, By Technology, 2017-2026 ($ Million)

Table 24    Honeywell International Inc.: Overview

Table 25    Honeywell International Inc.: Product Portfolio

Table 26    Honeywell International Inc.: Key Developments

Table 27    Koninklijke Philips: Overview

Table 28    Koninklijke Philips: Product Portfolio

Table 29    Koninklijke Philips: Key Developments

Table 30    Sunbeam Products Inc.: Overview

Table 31    Sunbeam Products Inc.: Product Portfolio

Table 32    Sunbeam Products Inc.: Key Developments

Table 33    Xiaomi Corporation: Overview

Table 34    Xiaomi Corporation: Product Portfolio

Table 35    Xiaomi Corporation: Key Developments

Table 36    Blue Air: Overview

Table 37    Blue Air: Product Portfolio

Table 38    Blue Air: Key Developments

Table 39    Coway: Overview

Table 40    Coway: Product Portfolio

Table 41    Coway: Key Developments

Table 42    Whirlpool Corporation: Overview

Table 43    Whirlpool Corporation: Product Portfolio

Table 44    Whirlpool Corporation: Key Developments

Table 45    Americair Corporation: Overview

Table 46    Americair Corporation: Product Portfolio

Table 47    Americair Corporation: Key Developments

Table 48    Sharp Corporation: Overview

Table 49    Sharp Corporation: Product Portfolio

Table 50    Sharp Corporation: Key Developments

Table 51    Dyson Technology Limited: Overview

Table 52    Dyson Technology Limited: Product Portfolio

Table 53    Dyson Technology Limited: Key Developments

 

List of Figures

Figure 01  Global Air Purifier Market Share, By End-User, 2018 & 2026 (%)

Figure 02  Global Air Purifier Market Share, By Technology, 2018 & 2026 (%)

Figure 03  Global Air Purifier Market Share, By Region, 2018 & 2026 (%)

Figure 04  Global Air Purifier Market Value, 2017-2026 ($ Million)

Figure 05  Global Air Purifier Market Y-o-Y Growth, By End-User, 2018-2026 (%)

Figure 06  Residential: Global Air Purifier Market Value, 2017-2026 ($ Million)

Figure 07  Commercial: Global Air Purifier Market Value, 2017-2026 ($ Million)

Figure 08  Others: Global Air Purifier Market Value, 2017-2026 ($ Million)

Figure 09  Global Air Purifier Market Y-o-Y Growth, By Technology, 2018-2026 (%)

Figure 10  HEPA: Global Air Purifier Market Value, 2017-2026 ($ Million)

Figure 11   Activated Carbon: Global Air Purifier Market Value, 2017-2026 ($ Million)

Figure 12  Others: Global Air Purifier Market Value, 2017-2026 ($ Million)

Figure 13  Global Air Purifier Market Y-o-Y Growth, By Region, 2018-2026 (%)

Figure 14  North America Air Purifier Market Value, 2017-2026 ($ Million)

Figure 15   North America Air Purifier Market Share, By End-User, 2018 & 2026 (%)

Figure 16  North America Air Purifier Market Share, By Technology, 2018 & 2026 (%)

Figure 17   North America Air Purifier Market Share, By Country, 2018 & 2026 (%)

Figure 18  South America Air Purifier Market Value, 2017-2026 ($ Million)

Figure 19  South America Air Purifier Market Share, By End-User, 2018 & 2026 (%)

Figure 20  South America Air Purifier Market Share, By Technology, 2018 & 2026 (%)

Figure 21  South America Air Purifier Market Share, By Country, 2018 & 2026 (%)

Figure 22  Europe Air Purifier Market Value, 2017-2026 ($ Million)

Figure 23  Europe Air Purifier Market Share, By End-User, 2018 & 2026 (%)

Figure 24  Europe Air Purifier Market Share, By Technology, 2018 & 2026 (%)

Figure 25  Europe Air Purifier Market Share, By Country, 2018 & 2026 (%)

Figure 26  Asia-Pacific Air Purifier Market Value, 2017-2026 ($ Million)

Figure 27  Asia-Pacific Air Purifier Market Share, By End-User, 2018 & 2026 (%)

Figure 28  Asia-Pacific Air Purifier Market Share, By Technology, 2018 & 2026 (%)

Figure 29  Asia-Pacific Air Purifier Market Share, By Country, 2018 & 2026 (%)

Figure 30  Middle East & Africa Air Purifier Market Value, 2017-2026 ($ Million)

Figure 31  Middle East & Africa Air Purifier Market Share, By End-User, 2018 & 2026 (%)

Figure 32  Middle East & Africa Air Purifier Market Share, By Technology, 2018 & 2026 (%)

Figure 33  Honeywell International Inc.: Financials

Figure 34  Koninklijke Philips: Financials

Figure 35  Sunbeam Products Inc.: Financials

Figure 36  Xiaomi Corporation: Financials

Figure 37  Blue Air: Financials

Figure 38  Coway: Financials

Figure 39  Whirlpool Corporation: Financials

Figure 40  Americair Corporation: Financials

Figure 41  Sharp Corporation: Financials

Figure 42  Dyson Technology Limited: Financials

Frequently Asked Questions

Q. At what CAGR is the Air Purifier Market anticipated to augment?
A. The Air Purifier Market is projected to strike 8.54% CAGR

Q. Who are the leading players in the Air Purifier Market?
A. Honeywell International Inc, Koninklijke Philips, Sunbeam Products Inc, Xiaomi Corporation, Blue Air, Coway, Whirlpool Corporation, .Etc.

Q. What is the key driving factor of the Air Purifier Market?
A.The global Air Purifier Market is primarily driven due to growing awareness about the adverse effects of air pollution on health.

Air

 

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