Air Purifier Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030
Global Air Purifier Market: Overview
Growing airborne illnesses and a rise in the level of pollution in urban areas are likely to boost the growth of the global Air Purifier market. In addition to that, better standard of living, greater health consciousness, and increased disposable income are projected to drive expansion of the global Air Purifier market. Over the projected period, the market is expected to be driven by growing adoption of equipment of air pollution control, particularly in developing areas throughout the world. The growing awareness of a healthy lifestyle, particularly among urban young, is projected to contribute considerably towards the development of the global Air Purifier market in the years to come.
The industry is being driven by factors such as an increase in airborne illnesses and a rise in consumer health consciousness. Air pollution from industry is continually developing as a major hazard to both human and environmental health. The air purifier industry has seen a surge in its demand in the recent years, spurred by deteriorating air quality and rising concern for health. Due to the high maintenance and installation costs, air purifiers have been viewed as a luxury item in both undeveloped and rising nations, particularly in the residential as well as business segments, despite technical advancements. This, in turn, is likely to stifle the expansion of the global air purifier market in the near future.
The “global air purifier market” research makes an inclusion of main market segments such as mounting type, product type, technology, end user, distribution channel, and regional markets. It also examines the global air purifier market's present competitiveness over the projected period of 2020 to 2030.
Global Air Purifier Market: Key Trends
Various mechanical air filters, like HEPA filters, capture pollutants on filter materials and remove them. Huge airborne particles like animal fur, mould spores, pollen, dust, cockroach allergens, and dust mite are captured. HEPA filters are a form of extended surface filter that has a greater surface area and is more efficient at eliminating larger as well as smaller airborne particles. Furthermore, these air filters are more effective than pleated filters at removing respirable particles. The capacity to eliminate particles of a size higher than or equal to 0.3 micrometres is needed by the two most prevalent norms for HEPA air purifiers, namely 99.97% (ASME standard) or 99.95% (European Standard).
Air purifier manufacturers are increasing the output capacity of battery-powered devices the size of a travel mug. Portable air purifiers are becoming increasingly popular in workplaces and coffee shops. Disposable HEPA filters are being replaced with washable and removable filters. Pathogens as well as irritants are being broken down using cutting-edge technologies like photocatalytic technology and ultraviolet (UV) LEDs.
In a bid to effectively introduce their items in the air purifier industry, startups are turning to crowd-funding approaches. Because air quality sensors operate in unison with purifiers to evaluate the danger of viral transmission and moulds, the flood of air quality sensors is likely to benefit the equipment makers.
Global Air Purifier Market: Competitive Assessment
Some of the well-known players in the global air purifier market are listed below:
Global Air Purifier Market: Regional Assessment
In 2020, Europe dominated the global air purifier market, with Asia Pacific as well as North America following closely after. In Asia Pacific, a growing millennial population eager to try new consumer products, growing consumer understanding of clean air, high purchasing power of the people are all likely to drive demand for air purifiers. Europe and North America are established air purifier markets, replacement of air purification devices across industries are likely to boost market demand in the regional markets throughout the forecast period, from 2020 to 2030.
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