The global air purifier market size is projected to be valued at US$ 23.72 billion in 2024 and is forecasted to grow to a size of US$ 48.9 billion by the end of 2034. Worldwide sales of air purifiers are projected to rise at a noteworthy 7.5% CAGR over the next ten years (2024 to 2034)..
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Rapid urbanization and increasing air pollution levels across the world are projected to be key factors driving demand for air purifiers around the world through 2034. As air pollution levels aggrandize, governments worldwide are allocating funds to curb this increasing menace, which is boding well for air purifier sales across the globe. Growth prospects appeared especially bright across the United States, the United Kingdom, India, and Chinese markets, some of the world’s largest air pollution contributors.
Key Companies Profiled in this Report
- American Air & Water Inc.
- Eureka Forbes Ltd.
- Koninklijke Philips N.V.
- Panasonic Corporation
- Daikin Industries Ltd.
- LG Electronics
- Hitech Ultraviolet Pvt. Ltd.
- IQAir
- Honeywell International Inc.
- Sharp Corp.
Explore More Related Studies Published by Fact.MR Research:
U.S. Air Purifier Market - U.S. Air Purifier Market Analysis, By Type (Self-Contained/standalone, In-duct), By Technology (HEPA Filters, Activated Carbon Filters, Ionic Filter, UV Technology), By Coverage Area, By Use Case, By Sales Channel, By Region - Global Market Insights 2022-2032
Residential Air Purifier Market: The residential air purifier market is expected to grow with a CAGR of 6.3% from 2022-2032.
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