WILMINGTON, DE / ACCESSWIRE / November 9, 2022 / Transparency Market Research Inc. – According to a recent business intelligence report, the global air purifier market is anticipated to rise at a CAGR of 8% over the forecast period of 2020 to 2030. Air purifier products aid in filtering out harmful airborne components, such as dust, mites, bacteria , and viruses. A large number of individuals were stuck at home during the COVID-19 pandemic, when stay and home, as well as work from home norms were implemented. This resulted in a substantial increase in concerns regarding maintenance of home air quality and positively affected sales within the global air purifier market.

The products in the global air purifier market are gaining popularity across the world, due to their ability of successfully eliminating various unwanted elements, such as pet odors, as well as dust. Players in the market are focusing on the development of high efficiency particulate air or HEPA based air purifiers. These next-gen products are considered to be the gold standard for achieving clean environments at home.

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Air Purifier Market – Key Findings of the Report

• Increasing R&D Activities by Market Players: Over the past few years, there has been an increase in expenditure by players in the global air purifier market on research and development. Players are focusing on innovating their products through extensive research activities for improving performance, easy operations, and reliability of air purifier products. To achieve enhanced performance, players are adopting several advanced air purification technologies. This trend is anticipated to bolster growth of the global air purifier market in coming years.
• Rising Demand for HEPA Purifiers: Being one of the most popular air purification systems around the world, HEPA-based air purifiers receive substantial demand within the global air purifier market. This increasing demand for HEPA air purifiers can be ascribed to their ability to remove small particulates in the air with higher efficiency than conventional products. Along with HEPA air purifiers, multi-functional air purifiers also receive considerable demand within the global air purifier market.
• Rising Demand for IoT-Enabled Purifiers: Manufacturers are integrating new technologies, such as Internet of Things or IoT, to produce novel products that are compatible with smartphones. These IoT based products can be paired with smartphones to offer customers enhanced convenience and display reports about air quality. Rising need for convenience connectivity by customers across the world, along with increasing demand for smart and connected electric appliances is positively affecting the sales of IoT-enabled air purifiers.

Air Purifier Market – Growth Drivers

• Growing health concerns amongst customers across the globe impacts positively sales growth within the global air purifier market
• Rise in purchasing power among consumers and changing customer lifestyles boost adoption of next-gen products in the market
• Increasing use of UV LEDs in modern air purifiers to break down irritants and pathogens propels demand

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Air Purifier Market – Key Players

Some of the leading companies in the global air purifier market include Eureka Forbes Ltd., IQAir, Honeywell International, Inc., Panasonic Corp., Sharp Corporation, American Air & Water, Inc., Hitech Ultraviolet Pvt. Ltd., Daikin Industries Ltd ., Koninklijke Philips NV, and LG Electronics. These players are focused on launching new and technologically advanced products to attract new customers. Furthermore, they are also adopting new technologies to produce new-age products and strengthen their product portfolios. Manufacturers in the global air purifier market are also partnering up with air quality researchers to develop novel air filtration technologies.

Air Purifier Market: Segmentation

Air Purifier Market, by Mounting Type

Air Purifier Market, by Product Type

• Upper Air
• In-duct
• Self Contained/Standalone
• Others (Coil & Drain Pans, etc.)

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Air Purifier Market, by Technology

• HEPA Filtration
• Activated Carbon Filters
• Ionic Filter
• Ultraviolet (UV) Technology
• Others (Ozone, Negative Ion, etc.)

Air Purifier Market, by End User

• Residential
• Commercial
• Industrial

Air Purifier Market, by Distibution Channel

• Online
  • Company Owned Websites
  • eCommerce Websites
• Offline
  • Hypermarkets/
  • Supermarkets
  • Specialty Stores
  • Others (Retail Stores, etc.)

Air Purifier Market, by Region

• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America

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