The market for Air Purifiers is poised to witness strong growth worldwide during the forecast period 2021 - 2029. Air purifiers are fast gaining acceptance among consumers across varied end-use segments owing to an increase in the occurrences of air borne diseases. The combination of factors including rising level of air pollution due to ever growing population, rise in the number of on-road vehicles, and rapid industrialization has deteriorated the air quality and increased the incidences of air borne diseases like asthma, anthrax, lung cancer, etc. This coupled with rising awareness regarding health hazards pertaining to untreated indoor air bode well for the market growth. In addition, recovery in the global real-estate industry post bleak economic conditions prevalent during economic recession is expected to augment the number of residential units, thereby driving fresh installations of air purifiers. In addition, increasing demand for HEPA-based purifiers and emergence of several energy efficient variants are further supporting market demand. The trend is expected to continue throughout the forecast period. All these aforementioned factors are expected to contribute towards a compounded annual growth rate (CAGR) of 9.5% during the forecast period 2021 – 2029.

In order to help strategic decision makers, the report also includes competitive profiling of the leading air purifiers manufacturers, their business strategy analysis, market positioning, and key developments. Some of the major players profiled in the report include Daikin Industries, Ltd., Sharp Corporation, Honeywell International, Inc., LG Electronics Inc., Camfil AB, Whirlpool Corporation, AllerAir Industries, Inc., Blueair AB, Panasonic Corporation, Jarden Consumer Solutions (Europe) Limited, Koninklijke Philips N.V., 3M, EcoQuest International, IQAir, Rabbit Air, and WINIX Inc. among others. Apart from the company profiles, the report includes a section covering the competitive landscape wherein the market positioning of the companies has been discussed. The section also provides a view of key business strategies adopted by the leading market players.

Other in-depth analysis provided in the report includes:

• Current and future market trends to justify the forthcoming attractive markets within the global air purifier industry
• Comparative analysis for different segments for the years 2020 & 2029
• Market fuelers, market impediments, and their impact on the market growth
• In-depth competitive environment analysis including the positioning of market players and their business strategy analysis
• Trailing 2-Year market size data (2019 – 2020)
• SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global air purifiers market, offering market size and estimates for the period from 2021 to 2029, keeping in mind the above mentioned factors

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Air Purifier market are as follows:

• Research and development budgets of manufacturers and government spending
• Revenues of key companies in the market segment
• Number of end users and consumption volume, price and value.
• Geographical revenues generate by countries considered in the report
• Micro and macro environment factors that are currently influencing the Air Purifier market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Key questions answered in this report

• What are the key micro and macro environmental factors that are impacting the growth of Air Purifier market?
• What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
• Estimated forecast and market projections up to 2032.
• Which segment accounts for the fastest CAGR during the forecast period?
• Which market segment holds a larger market share and why?
• Are low and middle-income economies investing in the Air Purifier market?
• Which is the largest regional market for Air Purifier market?
• What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
• Which are the key trends driving Air Purifier market growth?
• Who are the key competitors and what are their key strategies to enhance their market presence in the Air Purifier market worldwide?