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Air Purifier Market 2021 Analysis by Overview, Growth, Top Companies, Demand and Forecast to 2028

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The global air purifier market size was valued at USD 10.67 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 10.0% from 2021 to 2028. The market is expected to be driven by rising airborne diseases and increasing pollution levels in urban areas. Moreover, growing health consciousness, improving standards of living, and rising disposable income are expected to fuel the market growth.

Several governments are focusing on regulating air pollution by introducing several stringent regulations and standards for indoor air quality, which is projected to drive the industry over the forecast period. Additionally, numerous air pollution control campaigns undertaken worldwide by governments and NGOs are expected to boost market growth over the forecast period.

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Several factors such as changing lifestyle preferences, deteriorating indoor air quality, rising health concerns, and increasing awareness among consumers about the benefits associated with air purifiers are likely to drive the market over the coming years. However, the high cost of adoption and maintenance of air purifiers is expected to limit their adoption.

Key Player Mentioned:

 

  • Honeywell International, Inc.
  • IQAir
  • Koninklijke Philips N.V.
  • Unilever PLC
  • Sharp Electronics Corporation
  • Samsung Electronics Co., Ltd.
  • LG Electronics
  • Panasonic Corporation
  • Whirlpool Corporation
  • Dyson
  • Carrier

Application Segment Analysis:

  • Commercial
    • Residential
    • Industrial

Regional Segment Analysis: North America, Europe, Asia Pacific, Latin America, and Mideast and Africa

The governments of various countries have introduced lockdown measures to contain the spread of COVID-19. Thus, stay-at-home and work-from-home norms have further intensified the demand for air purifiers. Furthermore, there is a significant demand for air purifiers from hospitals, universities, and government agencies as consumers are exploring ways to avoid the spread of coronavirus.

Access Press Release: https://www.grandviewresearch.com/press-release/global-air-purifier-market

The market is highly competitive due to the presence of both multinational and regional or local manufacturers. Companies in the market offer a wide range of air purifiers sold through various channels, including e-commerce websites, company-operated websites, retailers and their websites, and distributors.

Why Purchase this Report?

  • A strong research methodology was followed to collect data for the report. The data collected in this way are subjected to several quality checks to provide the best quality.
  • The report provides a holistic view of the competitive scenario of the Air Purifier market.
  • The latest product launches, along with technological changes and developments, are included in the report.
  • The data analysis in the report will help you understand the Air Purifier market dynamics projected from 2021 to 2028.
  • The Report has a vast data store, so it can accommodate your custom needs as well.

About Us:

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. Grand View Research database is used by the world’s renowned academic  institutions and Fortune 500 companies to understand the global and regional business environment. Our database features thousands of statistics and in-depth analysis on 46 industries in 25 major countries worldwide


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