Air Purifier Market opportunities, revenue analysis, Trends and Forecast 2029

[manisha kashid]

An air purifier is a device that filters home or industrial air and removes polluting particles such as dust and pollen. It is used to filter the air and improve air quality while restricting the spread of dangerous substances. Air purifiers help to avoid a variety of health problems caused by air pollution, such as neurological and respiratory difficulties.

Air Purifier Market Scope and Research Methodology:

The report's goal is to analyse and forecast the Air Purifier market size. In order to correctly depict the competition scenario for the worldwide Air Purifier industry, the market research provides strategic profiling of important market participants. It contains a thorough examination of new product launches, acquisitions, mergers and acquisitions, joint ventures, brands, and important players in the Air Purifier business. The research contains information on industry trends and developments, market dynamics and their potential, assisting specialists in staying current on the most recent trends and sector performance, estimating growth and fall in Air Purifier  market share during the forecast period. Primary and secondary research approaches were used to have a thorough understanding of the Air Purifier industry. The report's goal is to analyse and forecast the Air Purifier  market size. In order to correctly depict the competition scenario for the worldwide Air Purifier industry, the market research provides strategic profiling of important market participants. It contains a thorough examination of new product launches, acquisitions, mergers and acquisitions, joint ventures, brands, and important players in the Air Purifier business. The research contains information on industry trends and developments, market dynamics and their potential, assisting specialists in staying current on the most recent trends and sector performance, estimating growth and fall in Air Purifier market share during the forecast period. Primary and secondary research approaches were used to have a thorough understanding of the Air Purifier   industry.

Air Purifier Market Report Overview: 

The research comprehensively covers insight analysis in light of the Air Purifier Market, as well as its ever-changing patterns, industry environment, and all leading market elements. The Air Purifier  Market study also includes a complete analysis of leading players.  

Air Purifier Market size was valued at US$ 11.01 Bn. in 2022. And the total Air Purifier revenue is expected to grow by 8.94%

Air Purifier Market Dynamics:

To combat the COVID 19 outbreak, governments in some countries have erected blockades. As a result, the custom of staying at home and working from home raises the demand for air purifiers even more. Furthermore, air purifiers are in high demand from hospitals, universities, and government agencies as consumers seek ways to avoid the spread of the coronavirus. Some countries are focusing on air pollution management by implementing tight indoor air quality laws and standards, and numerous air pollution campaigns launched by governments and non-governmental organisations (NGOs) around the world are driving the air purifier market growth.

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Air Purifier Market Segmentation: 

By technology, HPEA dominated the market, accounting for 41% of the Air Purifier Market. These are extremely effective at trapping airborne particles such as pollen, dust, and bio-containments. These reasons are propelling the market segment's expansion.

Activated carbon, also known as activated carbon filters, are microscopic particles of powder or granules that have been treated with oxygen to open the pores of carbon atoms. This increases the surface area of the carbon, making it porous and increasing its ability to absorb particles in the air. These filters absorb gases and odours emitted by cooking, mould, chemicals, pets, and smoking. This segment is predicted to develop at a 6.8% CAGR throughout the projection period.

In 2020, the commercial segment dominated the air purifier market with a 55% share. Hospitals, workplaces, hotels, educational facilities, cinemas, shopping malls, conference centres, and other recreational facilities are all commercial users of air purifiers. Air purifiers are used to remove allergies, airborne infections, and odours from the air and patients working in dentistry and medical laboratories, veterinary clinics, animal shelters, clinics, and hospitals. Maintain the staff's interior air quality. During the COVID 19 pandemic, demand for air purifiers is increasing in many medical institutions around the world due to its potential to reduce the transmission of infectious diseases.

Air Purifier Market Key Players:

IQAir
Daikin
Honeywell International, Inc.
LG Electronics, Inc.
Unilever PLC
Koninklijke Philips N.V.
Panasonic Corporation
Hamilton Beach Brands, Inc.
Whirlpool Corporation; Carrier
Camfil
Sharp Electronics Corporation
COWAY Co., Ltd.
Samsung Electronics Co., Ltd.
Dyson
Molekule

Air Purifier Market Regional Analysis:

The report is divided into several key countries, with market size, growth rate, import and export of Air Purifier market in these countries, which cover North America, the United States, Canada, Mexico, Europe, the United Kingdom, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.

Key Questions answered in the Air Purifier Market Report are: 

• Which segment grabbed the largest share in the Air Purifier market?
• Which segment is expected to grow at a high rate during the forecast period?
• How is the competitive scenario of the Air Purifier market?
• Which are the key factors driving the Air Purifier market growth?
• Which region holds the maximum share in the Air Purifier market?
• What will be the CAGR of the Air Purifier market during the forecast period?
• Which are the prominent players in the Air Purifier market?

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About Stellar Market Research

Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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