Global Air Purifier Market 2023-2027

Global Air Purifier Market 2023-2027
The air purifier market is forecasted to grow by USD 5580.84 mn during 2022-2027, accelerating at a CAGR of 7.3% during the forecast period. The report on the air purifier market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by technological innovation and portfolio extension leading to product premiumization, growing air pollution levels, and convenience and ease of using air purifiers.

Technavio's air purifier market is segmented as below:

By ApplicationCommercialResidentialIndustrialBy TechnologyHEPAElectrostatic precipitatorsIonizers and ozone generatorsOthersBy Geographical LandscapeAPACNorth AmericaEuropeSouth AmericaMiddle East and AfricaThis study identifies the introduction of smart, connected air purifiers as one of the prime reasons driving the air purifier market growth during the next few years. Also, increase in M and A and strategic alliances and increase in demand for energy-efficient air purifiers will lead to sizable demand in the market.

The report on the air purifier market covers the following areas:Air purifier market sizingAir purifier market forecastAir purifier market industry analysisThe robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading air purifier market vendors that include 3M Co., AllerAir Industries Inc., Americair Corp., AustinAir, Blue Star Ltd., Breville Pty Ltd, Camfil AB, Daikin Industries Ltd., Dyson Group Co., Eureka Forbes Ltd., Hamilton Beach Brands Holding Co., Havells India Ltd., Honeywell International Inc., IQAir AG, Koninklijke Philips N.V., LG Electronics Inc., MIDEA Group Co. Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., and Whirlpool Corp.. Also, the air purifier market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.