Air Purification Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031

Description

The air purification market is experiencing rapid growth, driven by several factors including urbanization, modernization, and increasing pollution levels.The air purification market is experiencing remarkable growth, projected to reach $37.92 billion in 2024 and $129.8 billion by 2031, reflecting a robust CAGR of 19.20%. The expansion of urban areas, coupled with the rising number of vehicles on the road, is contributing to higher emissions of toxic gases. These developments have led to a growing demand for air purifiers, both in residential and commercial spaces, as people seek to improve air quality and protect their health.

Key Drivers of the Air Purification Market

Urbanization and Rising Pollution Levels

One of the primary factors driving the air purification market is the rapid pace of urbanization. As more people move into cities, the concentration of vehicles and industrial activities increases, leading to higher pollution levels. Vehicle emissions, in particular, are a significant contributor to air pollution, releasing harmful gases into the atmosphere. In response, consumers and businesses are turning to air purifiers as a solution to combat poor air quality.

Technological Advancements in Air Purification

Technological innovations have played a vital role in advancing the air purification market. Companies are investing in research and development to create more effective air purification systems. Newer technologies, such as high-efficiency particulate air (HEPA) filters, activated carbon filtration, and ultraviolet germicidal irradiation (UVGI), are helping to improve air quality by capturing pollutants and bacteria. Moreover, the introduction of reusable air filters is gaining traction as a sustainable alternative to traditional disposable filters.

Major Opportunities in the Air Purification Market

Growth in the Automotive Industry

The automotive industry is a major driver of the air purification market. Vehicles require efficient air filters to maintain engine performance and minimize the release of harmful emissions. As the number of vehicles on the road continues to grow, so does the demand for high-quality air filters. These filters not only help improve vehicle efficiency but also contribute to cleaner air by trapping dust and pollutants. The increased adoption of electric and hybrid vehicles is further expected to boost the demand for air purification technologies in the automotive sector.

Rise in Green Building Initiatives

The rise of green building standards is another key opportunity for the air purification market. Green buildings focus on improving indoor air quality and minimizing environmental impact. As countries and organizations adopt green building standards, there is a growing demand for energy-efficient air purifiers that contribute to a healthier indoor environment. Reusable air filters are becoming increasingly popular as they offer long-term cost savings and reduce waste, aligning with the goals of sustainable construction practices.

Challenges Facing the Air Purification Market

High Installation and Maintenance Costs

Despite the growing demand for air purifiers, the market faces challenges related to the high cost of installation and maintenance. Air purifiers, especially those equipped with advanced filtration technologies, can be expensive to install. In addition, regular maintenance, such as replacing filters every few months, can be costly for consumers. These factors may deter some potential buyers, particularly in regions where disposable income is lower.

Lack of Awareness about Air Quality

Another challenge for the air purification market is the lack of awareness about the importance of indoor air quality. In some regions, particularly in developing countries, there is limited understanding of the harmful effects of poor air quality on health. As a result, the adoption of air purifiers in these areas may be slower compared to more developed regions where pollution levels are a significant concern.

Impact of COVID-19 on the Air Purification Market

The COVID-19 pandemic has highlighted the importance of clean indoor air, leading to a surge in demand for air purification systems. Many businesses and households have become more aware of the need to improve air quality to prevent the spread of airborne viruses. Air purifiers equipped with HEPA filters and UVGI technology have proven effective in capturing virus particles, making them a popular choice in healthcare, commercial, and residential settings.

As governments and health organizations worldwide emphasize the importance of air quality in mitigating the spread of COVID-19, the demand for advanced air purifiers is expected to remain strong. In particular, the adoption of HEPA filters, which can trap up to 99.95% of airborne particles, is projected to grow in the coming years, not only in residential homes but also in hospitals, schools, and commercial spaces.

Product Segment Insights

Dominance of HEPA Technology Air Filters

HEPA technology has emerged as a leading air filtration method, capturing a significant portion of the air purification market. HEPA filters are highly effective in removing particulate matter such as dust, pollen, and pet dander from the air. They are widely used in air purifiers, especially in environments where individuals suffer from allergies or respiratory conditions. The growing number of manufacturers offering HEPA air purifiers has contributed to the segment's dominance.

Increasing Popularity of Reusable Air Filters

As sustainability becomes a top priority for consumers, reusable air filters are gaining popularity. These filters can be cleaned and reused, offering a cost-effective and environmentally friendly alternative to disposable filters. In addition to reducing waste, reusable air filters can provide high indoor air quality by preventing the growth of bacteria and mold, making them an attractive option for both residential and commercial users.

Application Segment Insights

Commercial Sector as a Key Growth Area

The commercial sector is a major market for air purifiers, with widespread usage in hospitals, hotels, shopping malls, and office buildings. Businesses are increasingly investing in air purification systems to ensure a healthier environment for employees and customers. The food and restaurant industry, in particular, has adopted air purifiers with activated carbon and HEPA filters to remove harmful substances and improve air quality in dining areas.

Rising Demand in Residential Applications

In addition to commercial spaces, the demand for air purifiers in residential settings is on the rise. As awareness about indoor air quality grows, more homeowners are investing in air purifiers to improve their living conditions. Air purifiers are especially popular in homes with pets or where family members suffer from allergies. The introduction of smart air purifiers that can be controlled remotely through mobile apps is further driving demand in the residential market.

Regional Insights

North America's Leading Position in the Air Purification Market

North America remains a dominant region in the global air purification market, driven by increasing awareness about clean air and the availability of advanced air purification technologies. The U.S., in particular, has seen a rise in demand for air purifiers due to heightened pollution levels and the prevalence of airborne diseases. Consumers are becoming more conscious of the importance of maintaining good indoor air quality, especially in light of health concerns related to COVID-19.

Growth Opportunities in South Asia

South Asia represents a significant growth opportunity for the air purification market, particularly as health consciousness rises in the region. Air pollution, caused by rapid industrialization and urbanization, is a major concern in countries like India, where respiratory illnesses are prevalent. As consumers in the region become more aware of the benefits of air purifiers, demand is expected to increase, particularly in urban areas where air quality is most compromised.

Competitive Analysis

The air purification market is highly competitive, with major companies focusing on expanding their product lines and entering new markets. Companies like Daikin, Philips, and Honeywell are investing in the development of innovative air purifiers equipped with advanced technologies to meet the growing demand for cleaner air. Partnerships, joint ventures, and product line expansions are common strategies adopted by key players to strengthen their market presence.

For instance, Daikin has launched portable room air purifiers to enhance indoor air quality in the Middle East and Africa, while Philips has introduced a new line of air purifiers in India featuring intelligent pollutant filtration technologies. These strategic initiatives are helping companies expand their reach and tap into emerging markets with high pollution levels.

Competitive Analysis

Key Companies Profiled

Whirlpool Corporation
Camfil
Daikin Industries Ltd.
Honeywell International Inc.
Koninklije Philips N.V
LG Electronics
Panasonic Corporation
Unilever PLC
ActivePure Technologies LLC
IQAir

Key Segments Profiled in the Air Purification Industry Survey

Air Purification by Product Type

Activated Carbon Filtration
High-Efficiency Particulate Air (HEPA)
Ionizer Purifiers
Ultraviolet Germicidal Irradiation (UVGI)
Others

Air Purification by Application

Commercial
Residential
Industrial

Air Purification Market by Region

North America Air Purification Market
Latin America Air Purification Market
Europe Air Purification Market
Asia Pacific Air Purification Market
Middle East & Africa Air Purification Market

1. Executive Summary

1.1. Global Air Purification Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2024
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Air Purification Market Outlook, 2019 - 2031

3.1. Global Air Purification Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Activated Carbon Filtration
  - 3.1.1.2. High-Efficiency Particulate Air (HEPA)
  - 3.1.1.3. Ionizer Purifiers
  - 3.1.1.4. Ultraviolet Germicidal Irradiation (UVGI)
  - 3.1.1.5. Others
3.2. Global Air Purification Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Commercial
  - 3.2.1.2. Residential
  - 3.2.1.3. Industrial
3.3. Global Air Purification Market Outlook, by Region, Value (US$ Bn), 2019 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Air Purification Market Outlook, 2019 - 2031

4.1. North America Air Purification Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Activated Carbon Filtration
  - 4.1.1.2. High-Efficiency Particulate Air (HEPA)
  - 4.1.1.3. Ionizer Purifiers
  - 4.1.1.4. Ultraviolet Germicidal Irradiation (UVGI)
  - 4.1.1.5. Others
4.2. North America Air Purification Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Commercial
  - 4.2.1.2. Residential
  - 4.2.1.3. Industrial
- 4.2.2. BPS Analysis/Market Attractiveness Analysis
4.3. North America Air Purification Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 4.3.1.2. U.S. Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 4.3.1.3. Canada Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 4.3.1.4. Canada Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Air Purification Market Outlook, 2019 - 2031

5.1. Europe Air Purification Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Activated Carbon Filtration
  - 5.1.1.2. High-Efficiency Particulate Air (HEPA)
  - 5.1.1.3. Ionizer Purifiers
  - 5.1.1.4. Ultraviolet Germicidal Irradiation (UVGI)
  - 5.1.1.5. Others
5.2. Europe Air Purification Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Commercial
  - 5.2.1.2. Residential
  - 5.2.1.3. Industrial
- 5.2.2. BPS Analysis/Market Attractiveness Analysis
5.3. Europe Air Purification Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.2. Germany Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.3.1.3. U.K. Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.4. U.K. Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.3.1.5. France Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.6. France Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.3.1.7. Italy Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.8. Italy Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.3.1.9. Turkey Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.10. Turkey Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.3.1.11. Russia Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.12. Russia Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 5.3.1.13. Rest of Europe Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 5.3.1.14. Rest of Europe Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Air Purification Market Outlook, 2019 - 2031

6.1. Asia Pacific Air Purification Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Activated Carbon Filtration
  - 6.1.1.2. High-Efficiency Particulate Air (HEPA)
  - 6.1.1.3. Ionizer Purifiers
  - 6.1.1.4. Ultraviolet Germicidal Irradiation (UVGI)
  - 6.1.1.5. Others
6.2. Asia Pacific Air Purification Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Commercial
  - 6.2.1.2. Residential
  - 6.2.1.3. Industrial
- 6.2.2. BPS Analysis/Market Attractiveness Analysis
6.3. Asia Pacific Air Purification Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.3.1.2. China Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.3.1.3. Japan Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.3.1.4. Japan Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.3.1.5. South Korea Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.3.1.6. South Korea Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.3.1.7. India Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.3.1.8. India Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.3.1.9. Southeast Asia Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.3.1.10. Southeast Asia Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 6.3.1.11. Rest of Asia Pacific Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 6.3.1.12. Rest of Asia Pacific Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Air Purification Market Outlook, 2019 - 2031

7.1. Latin America Air Purification Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Activated Carbon Filtration
  - 7.1.1.2. High-Efficiency Particulate Air (HEPA)
  - 7.1.1.3. Ionizer Purifiers
  - 7.1.1.4. Ultraviolet Germicidal Irradiation (UVGI)
  - 7.1.1.5. Others
7.2. Latin America Air Purification Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Commercial
  - 7.2.1.2. Residential
  - 7.2.1.3. Industrial
- 7.2.2. BPS Analysis/Market Attractiveness Analysis
7.3. Latin America Air Purification Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 7.3.1.2. Brazil Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.3.1.3. Mexico Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 7.3.1.4. Mexico Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.3.1.5. Argentina Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 7.3.1.6. Argentina Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 7.3.1.7. Rest of Latin America Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 7.3.1.8. Rest of Latin America Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Air Purification Market Outlook, 2019 - 2031

8.1. Middle East & Africa Air Purification Market Outlook, by Product Type, Value (US$ Bn), 2019 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Activated Carbon Filtration
  - 8.1.1.2. High-Efficiency Particulate Air (HEPA)
  - 8.1.1.3. Ionizer Purifiers
  - 8.1.1.4. Ultraviolet Germicidal Irradiation (UVGI)
  - 8.1.1.5. Others
8.2. Middle East & Africa Air Purification Market Outlook, by Application, Value (US$ Bn), 2019 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Commercial
  - 8.2.1.2. Residential
  - 8.2.1.3. Industrial
- 8.2.2. BPS Analysis/Market Attractiveness Analysis
8.3. Middle East & Africa Air Purification Market Outlook, by Country, Value (US$ Bn), 2019 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.3.1.2. GCC Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.3.1.3. South Africa Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.3.1.4. South Africa Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.3.1.5. Egypt Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.3.1.6. Egypt Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.3.1.7. Nigeria Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.3.1.8. Nigeria Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
  - 8.3.1.9. Rest of Middle East & Africa Air Purification Market by Product Type, Value (US$ Bn), 2019 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Air Purification Market by Application, Value (US$ Bn), 2019 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Company Market Share Analysis, 2024
9.2. Competitive Dashboard
9.3. Company Profiles
- 9.3.1. Whirlpool Corporation
  - 9.3.1.1. Company Overview
  - 9.3.1.2. Therapy Portfolio
  - 9.3.1.3. Financial Overview
  - 9.3.1.4. Business Strategies and Development
- 9.3.2. Camfil
  - 9.3.2.1. Company Overview
  - 9.3.2.2. Therapy Portfolio
  - 9.3.2.3. Financial Overview
  - 9.3.2.4. Business Strategies and Development
- 9.3.3. Daikin Industries Ltd.
  - 9.3.3.1. Company Overview
  - 9.3.3.2. Therapy Portfolio
  - 9.3.3.3. Financial Overview
  - 9.3.3.4. Business Strategies and Development
- 9.3.4. Honeywell International Inc.
  - 9.3.4.1. Company Overview
  - 9.3.4.2. Therapy Portfolio
  - 9.3.4.3. Financial Overview
  - 9.3.4.4. Business Strategies and Development
- 9.3.5. Koninklije Philips N.V
  - 9.3.5.1. Company Overview
  - 9.3.5.2. Therapy Portfolio
  - 9.3.5.3. Financial Overview
  - 9.3.5.4. Business Strategies and Development
- 9.3.6. LG Electronics
  - 9.3.6.1. Company Overview
  - 9.3.6.2. Therapy Portfolio
  - 9.3.6.3. Financial Overview
  - 9.3.6.4. Business Strategies and Development
- 9.3.7. Panasonic Corporation
  - 9.3.7.1. Company Overview
  - 9.3.7.2. Therapy Portfolio
  - 9.3.7.3. Financial Overview
  - 9.3.7.4. Business Strategies and Development
- 9.3.8. Unilever PLC
  - 9.3.8.1. Company Overview
  - 9.3.8.2. Therapy Portfolio
  - 9.3.8.3. Financial Overview
  - 9.3.8.4. Business Strategies and Development
- 9.3.9. ActivePure Technologies LLC
  - 9.3.9.1. Company Overview
  - 9.3.9.2. Therapy Portfolio
  - 9.3.9.3. Financial Overview
  - 9.3.9.4. Business Strategies and Development
- 9.3.10. IQAir
  - 9.3.10.1. Company Overview
  - 9.3.10.2. Therapy Portfolio
  - 9.3.10.3. Financial Overview
  - 9.3.10.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations