February 04, 2022
According to the research report titled ‘Air Purifier Market Size By Product (Mechanical Air Filters [Fiberglass Filters, Polyester Filters, Washable Filters, HEPA Filters], Electronic Air Filters, Sorbent Air Cleaners, Air Cleaners Using Photocatalytic Oxidation [Air Cleaners Using Photocatalytic Titanium Oxidation, Air Cleaners Using Other Photocatalytic], Air Cleaners Using Ultraviolet Germicidal Energy (UV-C), Packaged Air Cleaners, Ozone-Generating Air-Cleaning Devices), By Application (Non Residential [Commercial, Office, Institution, Healthcare], Residential, Industrial [Food & Beverage, Pharmaceutical, Construction, Livestock]), By Sales Channel (Online, Offline]), COVID-19 Impact Analysis, Regional Outlook, Price Trend, Competitive Market Share & Forecast, 2021- 2027,’ available with MarketStudyReport, global air purifier market is expected to witness notable growth during the period 2021-2027.
Surging consumer emphasis on improving indoor air quality, and rising product demand in various regions are the primary factors propelling the growth of global air purifier market.
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During the COVID-19 pandemic, health authorities stressed on the benefits of air purifiers in reducing airborne contaminants and viruses, which led to unprecedented growth in demand in the hospital and residential settings. The rapid product uptake led to the augmentation of the air purifier market.
Despite the positive outlook, high efficiency mechanical air filters, which are popular in residential applications may impede market development in the upcoming years.
Based on product type, the washable mechanical air filter segment is estimated to grow at 12% CAGR during the forecast period. Moreover, the electronic air filter segment is anticipated to grow at 12.5% CAGR during the analysis period.
In terms of application spectrum, the commercial segment is projected to grow at 11.5% CAGR during the assessment timeframe. Meanwhile, the pharmaceutical segment of worldwide air purifier market is predicted to grow at 12.5% CAGR through 2027
From a regional standpoint, Latin America market is poised to grow at 11.5% CAGR during the assessment timeframe.
The competitive landscape of global air purifier market is defined by companies such as Mann+Hummel Gruppe, General Filters, Inc., Daikin Industries Ltd., Tornex Inc., Afpro Filters, Trane Technologies plc., Camfil AB, Great Innovations Inc., Nateosante SAS, Airfree Inc., Jimco A/S, Abiotec SARL, Ab Alfaintek Oy, and Respr Technologies Inc. among others.