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Air Purifier Market size exceeded USD 14 billion in 2020 and is estimated to grow at a CAGR of over 12% between 2021 and 2027.
Growing health consciousness among consumers along with increasing use of air purifiers in residential and non-residential sectors is likely to boost the industry growth. Growing consumer awareness regarding the health benefits associated with these filters and side-effects associated with impure air may further propel the market expansion.
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The mechanical air filters market surpassed USD 4 billion in 2020 and is anticipated to witness significant gains through 2027. Mechanical air filters impede the dust particles and attract them toward the filter surface, removing particles from the environment. Mechanical filters have increased demand owing to their ability to prevent the deposition of dust and debris in mechanical parts in heating & air conditioning systems.
Increasing demand for air filtration solutions to protect product quality in manufacturing facilities is fostering the demand for polyester filters from pharmaceutical, food & beverage industries. The ability to resist chemical, abrasion, and heat degradation are the key properties of polyester filters. Minimal air contaminants can lead to contamination of entire food and pharmaceutical production due to which air filters have wide application in manufacturing facilities. Stringent government regulations on hygiene requirements will fuel product demand in the coming years.
Report Coverage | Details |
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Base Year: | 2020 |
Market Size in 2020: | 14.40 Billion (USD ) |
Forecast Period: | 2021 to 2027 |
Forecast Period 2021 to 2027 CAGR: | 12% |
2027 Value Projection: | 30 Billion (USD) |
Historical Data for: | 2016 to 2027 |
No. of Pages: | 360 |
Tables, Charts & Figures: | 229 |
Segments covered: | Product, Application, Distribution Channel |
Growth Drivers: |
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Pitfalls & Challenges: |
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Air purifier market size from residential application is predicted to exceed USD 7 billion by 2027. Increasing awareness of health issues associated with air pollution along with consumer attention toward the use of air purification systems in residentials propelled by numerous health benefits is spurring the market demand.
The growing population in urban areas has led to increased air pollution, causing harm to the human health creating requirement for air purifiers in residential applications. The increasing use of HEPA filters in residential applications on account of their high efficiency and benefits to patients suffering from respiratory disorders will augment the air purifiers demand.
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North America air purifier market revenue is poised to cross USD 5.5 billion by 2027 driven by increasing concerns about air pollution levels. Increasing demand for residential air purifiers owing to rising health concern among population presents ample growth opportunities.
The increasing demand for air purifiers from manufacturing units to eliminate harmful particulates and contaminants in the facility will enhance the regional industry demand. Environmental Protection Agency (EPA) hazardous air pollutants can cause cancer and other health issues, therefore, it is essential to regulate air pollutants in industrial facilities. The rising demand from the commercial sector impelled by the growing risk of infections by airborne particles will boost the air purifier market growth in the U.S.
The air purifier market is competitive and includes various players such as General Filters Inc, Tornex Inc, Trane, Great Innovations, Airfree, Jimco A/S, American Air Filtration, Camfil AB, Daikin Industries Ltd, Afpro filters, Mann Hummel, Parker Hannifin, and Honeywell International Inc. Companies are involved in business strategies such as mergers & acquisitions and production innovation for increasing brand value and global reach.
In June 2021, Daikin Applied launched a line of portable room air purifiers (Premium & Economy models) designed to improve Indoor Air Quality (IAQ). The strategic initiative enhanced Daikin’s IAQ product offerings.
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