Global Air Purifiers Market Opportunities And Strategies For Major Players In The Air Purifier Market 2021-2030
23 Aug, 2021
The air purifiers market consists of sales of air purifiers and related services by entities (organizations, sole traders and partnerships) that produce air purifiers for purification of airborne toxins and particulate matter. Air purifiers are used to minimize the health risks associated with breathing air containing pollen grains, harmful gases, and emissions.
Global Air Purifiers Market Size And Drivers:
The global air purifiers market reached a value of nearly $1,610.5 million in 2020, having grown at a compound annual growth rate (CAGR) of 7.1% since 2015, and is expected to grow at a CAGR of 9.0% to nearly $2,478.1 million by 2025. The market is expected to reach $2,478.1 million by 2025, and $3,987.1 million by 2030. Rise in health consciousness contributes to the growth of the air purifiers market.
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Trends In The Global Air Purifiers Market
The growing popularity of smart air purifiers is a major trend in the market. With air pollution increasing across the world, a growing awareness of allergies, pollution and climate change is increasing consumer concern about the quality of the air they breathe. As a result, air purifiers are growing in popularity. Smart air purifiers are devices which are connected to other devices via the internet, and other technologies such as Bluetooth, near field communication (NFC) and Wi-Fi. The increased popularity of smart air purifiers can be attributed to the increased demand for smart homes, the rise in internet and smartphone penetration, and energy efficiency initiatives. The rise of the Internet of Things (IoT) technology also supports the development of smart air purifiers. Smart air purifiers allow the air quality to be monitored and managed from a smartphone application, which provides a live reading of quality data. For instance, in March 2021, Qnet, a Hong Kong based e-commerce based direct selling company in partnership with Sharp, an India based company offering plasmacluster air purifiers, launched an IoT enabled air purifier in India, called SHARP-QNET SmartAir.
Global Air Purifiers Market Segments:
The global air purifiers market is further segmented based on type, technology, end user and geography.
By Technology: HEPA Filter, Activated Carbon, Others
By Type: Dust Collectors, Fume & Smoke Collectors, Others
By End-User: Residential, Commercial
By Geography: The global air purifiers market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the air purifiers market, accounting for 33.8% of the global market in 2020.
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Air Purifiers Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides air purifiers market overviews, analyzes and forecasts market size and growth for the global air purifiers market, air purifiers market share, air purifiers market players, air purifiers market segments and geographies, air purifiers market’s leading competitors’ revenues, profiles and market shares. The air purifiers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.