An air purifier or air cleaner is a device that removes contaminants from the air in a room to improve indoor air quality. These devices are usually marketed as being beneficial to allergy sufferers and asthmatics, and at reducing or eliminating second-hand tobacco smoke. The increasing customer expectations regarding safety & comfort and spending power are anticipated to boost the global Air Purifier market in the forecast period.
In the current years, this market has experienced a significant rise in spending by companies on research and development of advanced air purifiers. Research is mainly focused on improving the reliability, performance, and ease of operating air purifiers. Therefore, the increasing adoption of advanced technologies in air purifiers is anticipated to boost the growth of the global Air Purifier market in the forecast period. Furthermore, air purifiers help in filtering out bacteria, dust, viruses, mites, etc. Thus, its demand increased during the COVID-19 pandemic when work from home or stay at home norms were implemented by countries around the globe. Further, today consumers are aware and taking precautions to improve the air quality. This key fact is anticipated to propel the growth of the Air Purifier market over the forecast period.
Moreover, due to rising health concerns, there is high demand for air purifiers and R&D plays a crucial role in introducing new products in existing markets. Companies that add new and differentiating features in fresher versions of their existing products are expected to have well growth opportunities in the coming period. Additionally, the expansion of smart and connected appliances has opened various ways for business growth. Companies are entering the technology sector and presenting products that can be operated remotely using mobile phone applications. Each of these factors is anticipated to have a definite impact on the Air Purifier market during the forecast period.
Covid-19 Impact on Air Purifier Market
Consumers across the globe are adjusting to the new normal and there is a noteworthy discrepancy in consumer behavior. Consumer's purchasing habits, behavior, and attitudes have changed in light of COVID-19. People are shopping very consciously and are majorly centered on basic needs and are buying locally. Consumers are using digital commerce to play, learn, and connect to manage isolation and follow social distancing policy. The covid-19 has consistently impacted the shopping behavior of 9 in 10 consumers. Nearly 30-50 percent of the consumers have shifted towards online shopping from March 2020 to December 2020.
Air Purifier Market Segment Overview
Based on Technology, the HEPA Filtration segment led the global Air Purifier market and is expected that keeps its position in the forecast period. HEPA filters are highly efficient in trapping airborne particles, including pollen, dust, smoke, and bio-contaminants. Further, the high quality and reliability of HEPA filters to remove airborne particles are anticipated to spur product penetration in the global market. According to End User, the Commercial is the largest segment in the market. Air purifiers are utilized in hospitals, offices, hotels, educational centers, movie theaters, shopping malls, conference centers, and other recreational facilities. In addition, air purifiers with activated carbon and HEPA are used in hotels and restaurants for removing airborne particulates, smoke, and odor from the air, thus improving the air quality in the establishments.
Air Purifier Market, By Mounting Type
· Fixed
· Portable
Air Purifier Market, By Product Type
· Upper Air
· In-duct
· Self Contained/Standalone
· Others
Air Purifier Market, By Technology
· HEPA Filtration
· Activated Carbon Filters
· Ionic Filter
· Ultraviolet [UV] Technology
· Others
Air Purifier Market, By End User
· Residential
· Commercial
· Industrial
Air Purifier Market, By Distribution Channel
· Online
· Offline
Air Purifier Market Regional Overview
In terms of region, North America is anticipated to dominate the overall market, throughout the forecast period. The US is a prominent place for the Air Purifier market in North America. Growing pollution levels and the rising prevalence of airborne diseases in the country have resulted in creating awareness among the consumers, thus augmenting the product demand. This prime factor intensifies the growth of the market in this region. Likewise, the market of the Asia Pacific is projected to grow at the fastest rate in the forthcoming years. This is attributed to many factors such as rapid urbanization and industrialization, along with a rising population with increased disposable income. Additionally, increasing smog and air pollution cases, particularly in countries such as India and China, are projected to upsurge the adoption of air purifiers. Eventually, it escalates the growth of the market in this region.
Air Purifier Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Air Purifier Market Competitor overview
Some key developments and strategies adopted by manufacturers in Air Purifier are highlighted below.
· On 25 September 2021, Realme announced that it will launch the TechLife Air Purifier in India next week, and the company confirmed it will introduce the appliance in its biggest market on September 30. In addition to the Air Purifier, Realme will also launch the Handheld Vacuum Cleaner and the Robot Vacuum Cleaner in India.
Air Purifier Market, Key Players
· American Air & Water, Inc.
· Eureka Forbes Ltd
· Hitech Ultraviolet Pvt. Ltd.
· IQAir
· Daikin Industries, Ltd.
· Honeywell International, Inc.
· Koninklijke Philips N.V
· Panasonic Corp.
· LG Electronics
· Sharp Corporation
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Air Purifier Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Mounting Type
- 5.2.1. Fixed
- 5.2.2. Portable
- 5.3. Market Analysis, Insights and Forecast – By Product Type
- 5.3.1. Upper Air
- 5.3.2. In-duct
- 5.3.3. Self Contained/Standalone
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Technology
- 5.4.1. HEPA Filtration
- 5.4.2. Activated Carbon Filters
- 5.4.3. Ionic Filter
- 5.4.4. Ultraviolet [UV] Technology
- 5.4.5. Others
- 5.5. Market Analysis, Insights and Forecast – By End User
- 5.5.1. Residential
- 5.5.2. Commercial
- 5.5.3. Industrial
- 5.6. Market Analysis, Insights and Forecast – By Distribution Channel
- 5.6.1. Online
- 5.6.2. Offline
- 5.7. Market Analysis, Insights and Forecast – By Region
- 5.7.1. North America
- 5.7.2. Europe
- 5.7.3. Asia Pacific
- 5.7.4. Latin America, Middle East and Africa
6. North America Air Purifier Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Mounting Type
- 6.2.1. Fixed
- 6.2.2. Portable
- 6.3. Market Analysis, Insights and Forecast – By Product Type
- 6.3.1. Upper Air
- 6.3.2. In-duct
- 6.3.3. Self Contained/Standalone
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Technology
- 6.4.1. HEPA Filtration
- 6.4.2. Activated Carbon Filters
- 6.4.3. Ionic Filter
- 6.4.4. Ultraviolet [UV] Technology
- 6.4.5. Others
- 6.5. Market Analysis, Insights and Forecast – By End User
- 6.5.1. Residential
- 6.5.2. Commercial
- 6.5.3. Industrial
- 6.6. Market Analysis, Insights and Forecast – By Distribution Channel
- 6.6.1. Online
- 6.6.2. Offline
- 6.7. Market Analysis, Insights and Forecast – By Country
- 6.7.1. U.S.
- 6.7.2. Canada
7. Europe Air Purifier Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Mounting Type
- 7.2.1. Fixed
- 7.2.2. Portable
- 7.3. Market Analysis, Insights and Forecast – By Product Type
- 7.3.1. Upper Air
- 7.3.2. In-duct
- 7.3.3. Self Contained/Standalone
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Technology
- 7.4.1. HEPA Filtration
- 7.4.2. Activated Carbon Filters
- 7.4.3. Ionic Filter
- 7.4.4. Ultraviolet [UV] Technology
- 7.4.5. Others
- 7.5. Market Analysis, Insights and Forecast – By End User
- 7.5.1. Residential
- 7.5.2. Commercial
- 7.5.3. Industrial
- 7.6. Market Analysis, Insights and Forecast – By Distribution Channel
- 7.6.1. Online
- 7.6.2. Offline
- 7.7. Market Analysis, Insights and Forecast – By Country
- 7.7.1. UK
- 7.7.2. Germany
- 7.7.3. France
- 7.7.4. Italy
- 7.7.5. Spain
- 7.7.6. Russia
- 7.7.7. Rest of Europe
8. Asia Pacific Air Purifier Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Mounting Type
- 8.2.1. Fixed
- 8.2.2. Portable
- 8.3. Market Analysis, Insights and Forecast – By Product Type
- 8.3.1. Upper Air
- 8.3.2. In-duct
- 8.3.3. Self Contained/Standalone
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Technology
- 8.4.1. HEPA Filtration
- 8.4.2. Activated Carbon Filters
- 8.4.3. Ionic Filter
- 8.4.4. Ultraviolet [UV] Technology
- 8.4.5. Others
- 8.5. Market Analysis, Insights and Forecast – By End User
- 8.5.1. Residential
- 8.5.2. Commercial
- 8.5.3. Industrial
- 8.6. Market Analysis, Insights and Forecast – By Distribution Channel
- 8.6.1. Online
- 8.6.2. Offline
- 8.7. Market Analysis, Insights and Forecast – By Country
- 8.7.1. China
- 8.7.2. India
- 8.7.3. Japan
- 8.7.4. Australia
- 8.7.5. South East Asia
- 8.7.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Air Purifier Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Mounting Type
- 9.2.1. Fixed
- 9.2.2. Portable
- 9.3. Market Analysis, Insights and Forecast – By Product Type
- 9.3.1. Upper Air
- 9.3.2. In-duct
- 9.3.3. Self Contained/Standalone
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Technology
- 9.4.1. HEPA Filtration
- 9.4.2. Activated Carbon Filters
- 9.4.3. Ionic Filter
- 9.4.4. Ultraviolet [UV] Technology
- 9.4.5. Others
- 9.5. Market Analysis, Insights and Forecast – By End User
- 9.5.1. Residential
- 9.5.2. Commercial
- 9.5.3. Industrial
- 9.6. Market Analysis, Insights and Forecast – By Distribution Channel
- 9.6.1. Online
- 9.6.2. Offline
- 9.7. Market Analysis, Insights and Forecast – By Country
- 9.7.1. Brazil
- 9.7.2. Saudi Arabia
- 9.7.3. UAE
- 9.7.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. American Air & Water, Inc.
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Eureka Forbes Ltd
- 10.6. Hitech Ultraviolet Pvt. Ltd.
- 10.7. IQAir
- 10.8. Daikin Industries, Ltd.
- 10.9. Honeywell International, Inc.
- 10.10. Koninklijke Philips N.V
- 10.11. Panasonic Corp.
- 10.12. LG Electronics
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
