The Air Purifier Market size was estimated at USD 13.47 billion in 2022 and is anticipated to expand at a compound annual growth rate (CAGR) of 7.3% from 2023 to 2029.
Air Purifier Market Report Scope and Research Methodology :
The report presents a comprehensive analysis of the global air purifier market using a robust research methodology. It includes a detailed examination of market segments, competitive analysis of key players, and an evaluation of micro-economic factors' potential impact on the market.
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Air Purifier Market Dynamics:
The report delves into the factors driving market growth, including heightened awareness of air quality issues, increased disposable income, and improved living standards. Start-ups are turning to crowdfunding to launch air purification innovations, while established players are expanding their global reach through mergers and acquisitions. The development and introduction of new air purification products, such as the Prism UVTM indoor pathogen disinfectant with intelligent light technology, are significant contributors to market advancement.
Air Purifier Market Regional Insights:
In 2022, the Asia Pacific region led the market, representing 41.6% of global sales. Factors such as rapid urbanization, industrialization, and rising disposable incomes contribute to its dominance. Additionally, growing concerns about smog and air pollution in countries like India and China are driving the acceptance of air purifiers in the region. North America is expected to see significant growth, thanks to air quality directives and regulations. Mexico is also experiencing an uptick in air purification equipment demand, driven by increased air quality monitoring and regulatory measures.
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Air Purifier Market Segmentation:
by Technology
1. High-Efficiency Particulate Air(HEPA)
2. Activated Carbon
3. Ionic Filters
4. Other
by Application
1. Residential
2. Industrial
3.Commercial
by Mounting Type
1. Fixed
2. Portable
Air Purifier Market Key Players:
1. Honeywell International Inc.
2. Whirlpool Corporation
3. Alen Corporation
4. AllerAir Industries Inc.
5. Koninklijke Philips N.V.
6. Dyson Limited
7. Unilever plc
8. The Camfil Group
9. IQ Air
10. WINIX Co. Ltd.
11. Sharp Corporation
12. Daikin Industries Ltd.
13. Samsung Electronics Co. Ltd.
14. LG Electronics Inc.
15. Xiaomi Corporation
16. HSIL Limited
17. Panasonic Corporation
18. Kent RO Systems
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Table of content for the Air Purifier Market includes:
- Global Air Purifier Market : Research Methodology
- Global Air Purifier Market : Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Air Purifier Market : Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size and Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by growth and trend
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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