An air purifier is indeed a tool that enhances air quality by removing pollutants from the air. An air purifier, commonly referred to as an air cleaner, increases indoor air quality by removing contaminants. An air purifier aids in eliminating any unpleasant odors, airborne dust, pollen, smoke, and hazardous substances while lowering the likelihood of catching any airborne infections.
These items usually feature claims that they will benefit allergies and bronchial sufferers and reduce or eliminate secondhand smoke. Humidifiers are also thought to be helpful for allergy and asthma sufferers and decreasing or getting rid of secondhand smoke. For instance, Blueair's Classic 203 Slim is a compact, portable home-use air purifier. It provides reliable performance by eliminating allergies and asthma triggers thanks to its small fan design and large filter surface. Commercially graded air purifiers can be found in the medical, industrial, and commercial sectors. They can be produced as small stand-alone units or larger units attached to an air handler unit (AHU) or an HVAC unit.
Introducing new product lines with improved odor-elimination capabilities and product innovation are the main factors driving the air purifier market. These characteristics help to increase consumer preference for these products and provide value.
Why is there a growing demand for air purifiers in the United States?
Consumer electronics technological advancements will open opportunities for the U.S. market to expand. North America is predicted to dominate the worldwide air purifier market. Over the forecast period, the segment is likely to register a CAGR of 6.9%. Air purifiers are a massive requirement since airborne infections are becoming more common in the United States. To promote optimal indoor air quality, Americans regularly utilize air purifiers. In addition, there is a rise in market growth from healthcare facilities seeking innovations to stop the new coronavirus's propagation, which is primarily person-to-person. The marketplace in the United States is anticipated to proliferate because of the growing pollution levels brought on by industrialization, urbanization, and the rapid increase in population.
How Will the Indian Air Purifier Market Grow?
Growing health consciousness will fuel-air purifier expansion in India; East Asia's air purifier market is anticipated to expand at a CAGR of 5.5% during the assessment period. A rise in airborne illnesses and a growth in customer health consciousness are two factors driving the demand for the air purifier industry in India.
The market is expanding because of growing knowledge of the diseases and health risks brought on by exposure to harmful particles at work or home. A growing population with more disposable income, fast urbanization and industrialization, and other factors all contribute to the market's expansion in India.
The quantity of air purifier producers in the nation impacts the market's sales. For instance, Electrolux will introduce its new line of air purifiers in India in August 2022. The fresh air purifiers are fitted with filters that eliminate up to 99.99% of airborne bacteria and viruses. Air purifiers have traditionally been considered a luxury in India despite technological developments, particularly in the home sector. The price of air purifiers and the significant maintenance costs they demand may limit their popularity in India.
Which are the Top Companies in the Market for Air Purifiers?
LG Electronics, Dyson Ltd., Xiaomi Corporation, Condair Group AG, Afro Filters B.V., LG Electronics Inc., Koninklijke Philips N. V., Godrej Appliances, Daikin Industries, Ltd., Honeywell International Inc., Japan Air Filter Malaysia Sdn. Bhd., Whirlpool Corporation, and Panasonic Corporation are just a few of the well-known companies in the air purifier market.
Leading companies in the worldwide air purifier market are heavily investing in research and development to introduce cutting-edge goods and services. But for new competitors in this industry, brand awareness and strong marketing by big firms make it difficult. The high penetration of people, the dominant market for vehicle consumption, and the rapid increase in industrialization across China and India will likely raise the demand for air purifiers in the domestic market during the forecast period.