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Air Purifier Market size was valued at USD 13.01 billion in 2019 and is poised to grow from USD 13.97 billion in 2023 to USD 25.97 billion by 2031, growing at a CAGR of 7.3% in the forecast period (2024-2031).

air purifier market is extremely fragmented due to the presence of well-established market players, such as Panasonic Corporation, Daikin Industries Ltd., and Samsung. Prominent market players seek opportunities extend their value chain while focusing on the expansion of product portfolio, R&D investments, and M&A activities to gain a larger impetus. 'Sharp Corporation', 'Honeywell International Inc.', 'Panasonic Corporation', 'Daikin Industries, Ltd.', 'LG Electronics Inc.', 'Coway Co., Ltd.', 'Blueair AB', 'Camfil AB', 'Samsung Electronics Co., Ltd.', 'Whirlpool Corporation', 'Philips International B.V.', 'Xiaomi Corporation', 'Dyson Ltd.', '3M Company', 'Alen Corporation', 'IQAir AG', 'Molekule, Inc.', 'Austin Air Systems Limited', 'Rabbit Air', 'Winix Inc.'

Increasing awareness among consumers regarding health due to the mounting incidences of airborne infected diseases and viral infections. Moreover, the emergence of several life-threating epidemics such as Swine flu and Avian influenza have been fostering the growth of the air purifier over the last few decades.

Manufacturers of air purifiers are increasing their output capacity of battery-powered devices the size of a travel mug. Portable air purifiers are getting more popular in workplaces and shops. Disposable HEPA filters are continuously being replaced by removable and washable filters. Ans, by using cutting-edge technologies like photocatalytic technology and ultraviolet LEDs, pathogens and irritants are being broken down in very small and tiny particles.

Asia Pacific dominated the air purifier market with a holding of more than 40.5% of the overall market in 2021, because of the several factors, including industrialization, rapid urbanization, and growing population with increased disposal income. Moreover, increasing smog and air pollution especially in developing nations such as India and China, are expected to increase the adoption of air purifiers in the region. For instance, in October 2021, Dyson launched two new air purifiers in India as seen a rise in the pollution levels in India. Dyson upgraded Dyson Purifier Hot + Cool and Dyson Purifier Cool for achieving fully-sealed HEPA 13 standard filtration.

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Global Air Purifier Market

Product ID: SQMIG25H2029

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