Press Release

Jul, 11 2023

Breathing Fresh: Unleashing the Global Indoor Air Purification Market's Potential

The global indoor air purification market is being driven by the rising use of air purifiers to remove airborne contaminants and the introduction of smart air purifiers. Additionally, the air purifier has become smaller due to advancements in sensor technology and the e-commerce sector's growth, which has allowed for greater air purifier penetration worldwide.

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Data Bridge Market Research analyses that the Indoor Air Purification Market is expected to reach a value of USD 34,632.87 million by 2029, at a CAGR of 7.9% during the forecast period. Growing concerns about the health risks associated with indoor air pollution have led to a rise in awareness among consumers. This increased awareness is driving the demand for indoor air purifiers as a means to improve and maintain healthy indoor environments.

Key Findings of the Study

Indoor Air Purification Market

Green building and sustainability initiatives are expected to drive the market's growth rate

Green building and sustainability initiatives are driving the demand for energy-efficient and eco-friendly indoor air purification systems. Consumers who prioritize environmental consciousness are seeking air purifiers that consume less energy, utilize sustainable materials, and incorporate recyclable components. These environmentally friendly features align with the broader goal of promoting sustainable practices in building design and operation, ensuring healthier indoor environments while minimizing environmental impact.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022-2029

Base Year

2021

Historic Years

2020 (Customizable to 2014-2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product (Dust Collectors and Vacuums, Fume and Smoke Collectors, Mist Eliminators, Bad Odor and Harmful Gasses, Fire and Emergency Exhaust And Viruses and Fungus) Category (Small Room, Medium Room, Large Room) Technology (HEPA, Electrostatic Precipitators, Activated Carbon, Ionic Filters And Others) Function (Manual, Sensor And Others) Outer Material (Plastic And Metal) Price Range (Low, Mid, Premium) Distribution Channel (Direct Selling, E-Commerce, Supermarkets/Hypermarkets, Specialty Stores And Others) Application (Industrial, Commercial And Residential)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Market Players Covered

Koninklijke Philips N.V. (Netherlands), LG Electronics (South Korea), Panasonic Corporation (Japan), DAIKIN INDUSTRIES ltd. (Japan), Aerus LLC (U.S.), Legend Brands (U.S.), Xpower (China), Abatement Technologies (U.S.), Omnitech Design (Canada), B-AIR (U.S.), Pullman-Ermator (U.S.), Envirco (U.S.), AEROSPACE AMERICA, INC. (U.S.), Camfil (Sweden), Carrier (U.S.), Hamilton Beach Brands, Inc. (U.S.), Whirlpool (U.S.), Lifa Air Ltd. (Finland), NIKRO INDUSTRIES, INC. (U.S.), COWAY CO. LTD. (South Korea) among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

The indoor air purification market is segmented on the basis of product, category, technology, function, outer material, price range, distribution channel, and application.

  • On the basis of product, the global indoor air purification market is segmented into dust collectors and vacuums; fume and smoke collectors; mist eliminators; bad odor and harmful gasses; fire and emergency exhaust, and viruses and fungus. In 2022, dust collectors and vacuums is expected to dominate the global indoor air purification market with a CAGR of 8.8% in the forecast period of 2022 to 2029 due to industrialization and urbanization. Dust and other suspended particles in the air are the major pollutants in urban areas, so the use of dust collectors and vacuums is dominating.
  • On the basis of category, the global indoor air purification market is segmented into small room, medium room and large room. In 2022, large room is expected to dominate the global indoor air purification market with a CAGR of 8.2% in the forecast period of 2022 to 2029 due to most air purifiers are manufactured to provide purified air in rooms above 300 sq ft.

In 2022, large room is expected to dominate the category segment of the global indoor air purification market

In 2022, large room is expected to dominate the global indoor air purification market owing to individuals may require larger raised garden beds to accommodate a greater number of plants or create elaborate garden setups. They may have more gardening experience and seek raised beds that can support larger crops or landscaping projects with a CAGR of 8.2% in the forecast period of 2022 to 2029

  • On the basis of technology, the global indoor air purification market is segmented into HEPA; electrostatic precipitators; activated carbon; ionic filters and others. In 2022, HEPA is expected to dominate the global indoor air purification market with a CAGR of 8.4% in the forecast period of 2022 to 2029 due to multiple layers of filter material and are required by law to filter at least 99.97% of particles greater than 3 microns in diameter.
  • On the basis of function, the global indoor air purification market is segmented into manual, sensor and others. In 2022, sensor is expected to dominate the global indoor air purification market with a CAGR of 8.2% in the forecast period of 2022 to 2029 due to the rapid urbanization, industrialization, environmental effect of air pollution and increasing public awareness regarding healthcare. Sensors are installed in air purifiers in immediate surroundings vicinity and are also pervasive in people daily lives.
  • On the basis of outer material, the global indoor air purification market is segmented into plastic and metal. In 2022, plastic is expected to dominate the global indoor air purification market with a CAGR of 8.0% in the forecast period of 2022 to 2029 due to the outer cases of the air purification systems are usually made of plastic which has benefits such as reduced cost, noise reduction, no rust, and more durable. Using plastic for outer casing also helps the manufacturer to give a good look and appeal to the product.
  • On the basis of price range, the global indoor air purification market is segmented into low, mid and premium. In 2022, mid is expected to dominate the global indoor air purification market with a CAGR of 8.2% in the forecast period of 2022 to 2029 due to its affordable to the maximum consumer for the feature and specifications the air purifier offers

In 2022, mid is expected to dominate the price segment of the global indoor air purification market

In 2022, mid is expected to dominate the global indoor air purification market owing to willing to invest a reasonable amount of money in a raised garden bed that offers durability, functionality, and aesthetic appeal without breaking the bank. This segment typically includes raised garden beds made from materials like cedar, composite wood, or durable plastic, which strike a good balance between cost and longevity with a CAGR of 8.2% in the forecast period of 2022 to 2029

  • On the basis of distribution channel, the global indoor air purification market is segmented into direct selling; e-commerce; supermarkets/hypermarkets; specialty stores and others. In 2022, e-commerce is expected to dominate the global indoor air purification market with a CAGR of 8.6% in the forecast period of 2022 to 2029 due to online operation as they provide your company an accessible way to share and sell products online to a wide pool of potential customers.
  • On the basis of application, the global indoor air purification market is segmented into industrial, commercial and residential. In 2022, commercial is expected to dominate the global indoor air purification market with a CAGR of 8.6% in the forecast period of 2022 to 2029 due to commercial spaces and site account for a maximum number of air purifiers. These commerical spaces with air purifiers allow the clean air to reduce the infection rate.

Major Players

Data Bridge Market Research recognizes the following companies as the major indoor air purification market players in indoor air purification market are Koninklijke Philips N.V. (Netherlands), LG Electronics (South Korea), Panasonic Corporation (Japan), DAIKIN INDUSTRIES ltd. (Japan), Aerus LLC (U.S.), Legend Brands (U.S.), Xpower (China), Abatement Technologies (U.S.), Omnitech Design (Canada), B-AIR (U.S.)

Indoor Air Purification Market

Market Development

  • In 2022, Abound healthy air starter packages will be made available by Carrier to universities, entertainment venues, educational institutions, and commercial real estate companies. With this strategy, the business aims to support occupant wellness by offering a quick, easy, and affordable way to track, visualize, and respond to the invisible aspects of indoor air quality (IAQ).
  • In 2022, Lifa Air Ltd. announced that the company would launch new series and its first product at IFA 2022 event. The company further stated that the new product LAX200 would be launched at the event. This launch at IFA event will allow the company to penetrate deeper in Europe indoor air purification market.
  • - In 2021, Camfil posted a blog on its official website regarding the importance of indoor air filter in the pharmaceutical industry. Through this blog the company is promoting its product portfolio and aiming to gain new consumers for its offered products. The company has stated its product specifications in the blog, and is promoting them under the global indoor air purification market.
  • In 2021, The Clorox Company and Hamilton Beach Brands, Inc. made the announcement. A line of high-end air purifiers with a 99.97% removal rate for allergens and particulates from pollen, dust, and smoke will be introduced by Hamilton Beach Brands under the Clorox brand name as per the terms of the agreement.

Regional Analysis

Geographically, the countries covered in the indoor air purification market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

As per Data Bridge Market Research analysis:

Asia-Pacific is the dominant region in indoor air purification market during the forecast period 2022-2029

The Asia-Pacific region is experiencing dominance in the air purifier market due to rising consumer awareness of the benefits of air purifiers in containing airborne contaminants. The region's rapid urbanization, particularly in developing nations, has further fueled the demand for air purifiers as people seek solutions for improving indoor air quality in densely populated areas. This trend reflects the growing recognition of the importance of clean and healthy indoor environments among Asia-Pacific consumers.

For more detailed information about the indoor air purification market report, click here – https://www.databridgemarketresearch.com/reports/global-indoor-air-purification-market


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