Air Purifier Market to Expand with Noteworthy CAGR of 32.4% During 2018-2024

According to a new market report published by BlueWeave Consulting, The Global Air Purifier Market was valued at US$ 19,232 Mn in 2017 and is expected to expand at a CAGR of above 32.4% from 2018 to 2024, reaching US$ 182,101.1 Mn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the air purifier market in 2017.

Air pollution leads to about 6.5 million deaths each year, making it the world's fourth-largest threat to human health, according to a 2016 report by the International Energy Agency. Emerging economies experience the highest levels of pollution, particularly cities in India and China where growth in energy demand and pollution has gone hand-in-hand with economic growth.

Air Purifier Market: Scope of the Report

The global air purifier market can be segmented on the basis of Technology type, Product type, Distribution Channel, End-user, and Region. Based on Technology type, the global air purifier market is further classified into HEPA Technology (High-Efficiency Particulate Air), Activated Carbon Technology, UV Technology, Negative Ion and Others. The HEPA Technology contributed the largest revenue in 2017 and is estimated to grow further during the forecast period. Based on Product type, the global air purifier market can be fragmented into Portable Air Purifiers, Whole-House Air Purifiers and Cleaners, Electrostatic Precipitators, Smart air purifier, and others.

Request for PDF Sample of this Market Research Report@

Global Air purifier Market: Research Methodology

Extensive secondary research was conducted using paid data sources including Bloomberg, Factiva, Capital IQ, OneSource, and Hoovers. Additionally, several publicly-available data sources were used including journals, statistics articles, and industry associations. These data sources were used to gather relevant information to develop an understanding on the global air purifier market. The research was conducted covering the desk research and primary research. Data sources used for primary research included online forums and blogs, CATI/CAWI, CAPI interviews, and video conferences. Additionally, interviews were conducted through connecting with various industry respondents including C-level executives, directors, divisional heads, regional heads, expert consultants, and independent consultants. The primary research was conducted to gain market insights from industry respondents and validate the gathered information through desk research.

Air Purifier Market: Competitive Dynamics

The research study includes profiles of leading companies operating in the global air purifier market. Some of the key players profiled in the report include Camfil Group, Daikin Industries, Ltd., Eureka Forbes limited, Honeywell International Inc., LG Electronics, Panasonic Corporation, Philips Electronics N.V., Sharp Corporation, Xiaomi Inc., Blueair AB, and others.

Market Segmentation: Global Air Purifier Market

By Technology

HEPA Technology (High Efficiency Particulate Air) Activated Carbon Technology UV Technology Negative Ion Others Vertical

By Product

Portable Air Purifiers Whole-House Air Purifiers and Cleaners Electrostatic Precipitators Smart air purifier Others

By Distribution Channel

Online Channel Offline Channel Departmental Stores Specialty Stores Others

In addition, the report provides an analysis of the air purifier market with respect to the following geographic segments:

North America U.S. Canada Rest Of North America Europe Germany Italy Finland Denmark Norway France U.K. Rest of Europe Asia Pacific (APAC) China India Japan South Korea Rest of Asia Pacific LATAM Brazil Mexico Argentina Rest of Latin America MEA GCC South Africa North Africa Rest of Middle-East and Africa