Global Air Purifier Market Size Analysis, 2018-2028

REPORT ID: BKR759Domain: Smart TechnologiesPublished Date: June 2018

 

 

Global Air Purifier Market Size Analysis

Air Purifier Market Size is estimated to over USD 16.3 Billion in 2018.

Increased awareness among consumers related to impure air quality and rise in health consciousness is driving the overall sales of air purifiers worldwide.

The industry is highly fragmented with presence of large number of regional players based in China, India and Europe. Most of these companies are adopting localization as their key strategic priority. Distribution channel and cost containment holds the key priority in overall business ecosystem. IQAir, Daikin, Panasonic, Sharp, Eureka Forbes, and Philips holds considerable revenue share. Leading companies will might enter in inorganic growth approach to compete with regional players who mainly trades on large scale volume with lower price range. Currently, the sales of air purifier is just 5.7% of total addressable market, however, is expected to surpass 6.5% by 2027 – thereby creating high revenue opportunity for industry players.

Global Air Purifier Market Analysis, By Product: HEPA to Dominate the Revenue Share

Globally, HEPA and activated carbon will dominate the revenue, accounting for a quarter of global share. HEPA based air purifier is estimated to be valued over US$ 6.9 billion in 2018.

HEPA filters are in high demand owing to its high filter rate capacity. HEPA are highly beneficial and are capable of eliminating upto 99% of contaminated airs. As such, its usage is very high especially in residential sectors. These filters are available in a price bandwidth of US$ 100 to US$ 1,500. Its intake is increasing among millennial.

Global Air Purifier Market Size, By End-use: Residential Sector to Dominate the Global Share

By end-use, residential air purifier market is expected to register 51% of global share followed by industrial sector. Rise in consumer and healthcare spending coupled with glowing chronic illness has led to large scale demand for air purifier.

Also, rise in disposable income has created favorable business ecosystem for industry players.

Global Air Purifier Market Size and Forecast, Regional Analysis: Asia Pacific to Dominate the Global Share

Globally, Asia Pacific will account for over US$ US$ 6.4 billion in 2018. The region is dominated by China followed by India and Japan. High pollution range has led to wide scale deployment of air purifiers in residential and industrial settings in China. As per the estimates, nearly 10.3% of China population uses air purifiers. The percent is expected to rise owing to macroeconomic factors.

China and India collectively accounted for over 36% of global population, however, accounts for less than 10% of total air purifier sales. The ratio will increase in future and China will overtake U.S. by 2020 end.

In China, sales was high in 2016 when over 3X air purifiers were sold owing to unprecedented rise in pollution level. In 2017, Tier 1 cities register highest sales with Beijing and Shanghai leading the marketplace. Various Europe and North America based companies forayed in the country to capitalize the market. Net profit is significantly higher in the country. For instance, Dyson registered over 2X growth in sales of air purifiers in 2015-2016. There are many regional players, however, their revenue share is significantly lower when compared to Europe based companies. There are nearly 400 brands with 20 prominent companies. Brand reputation plays a key role in china market. As such, it becomes imperatively difficult for regional players to compete with large size vendors. Regional players are emphasizing on offering low cost products to maintain their market presence.

Air purifier market size in India is relatively compared to China. The industry is still at its nascent position. Despite the high rise pollution level, sales is low and is impacted by seasonality and lack of standards in the industry. There are over 25 players Sharp, Panasonic, Phillips, and Blueair holding the highest market share.

North America is next to Asia Pacific. This is primarily attributed to higher health awareness among consumers. Nearly 25% of North America population uses air purifiers which is comparatively higher than any other countries worldwide.

Global Air Purifier Market Size and Forecast: Competition Landscape

Some key Air Purifier market players are 3M Company, Eureka Forbes, Fumex Inc., Honeywell International Inc., LG Electronics, Air Products and Chemicals, Inc., Daikin Industries, Ltd., Electrocorp, Alfa Laval AB, Mann+Hummel GmbH, Camfil Group, Clarcor Inc., Clean Teq Holdings Limited, Panasonic Corporation, Philips Electronics N.V., Sharp Corporation and SPX Corporation.

Air Purifier Market Industry Segmentation

By Technology:

  • Activated Carbon
  • Electrostatic Precipitator
  • HEPA
  • UV Light Air Purifier
  • Ionic Air Purifier
  • Others

By Impurities:

  • Dust Collectors
  • Fume and Smoke Collectors
  • Oil and Mist Eliminators
  • Vehicle Exhaust
  • Others

By End-use:

  • Industrial
  • Residential
  • Commercial Spaces
  • Others

What Will You Discover in the Report?

  • An in-depth analysis of the Retail Robot market across regions – North America, Latin America, Western Europe, Central and Eastern Europe, Asia Pacific, Middle East, and Africa.
  • How the Air Purifier market sales is expected to grow throughout the forecast period.
  • How geopolitical policies and technological changes will affect the Air Purifier market in near future
  • Where the stakeholders should invest to generate higher profit margins
  • How consumers (end-users) will reflect to the Air Purifier industry during the forecast period
  • Who are the Air Purifier industry leaders and what are the key initiatives taken by them for long term growth

Analyst access with Bekryl Market Analysts

Purchasing of Air Purifier market research report will give clients access to 120 minutes telephonic access with a research analyst. The duration for access to analysts will be based on the report subscription editions.

Air Purifier Market Size TOC

  1. Report Structure
  2. Research Methodology
    • Market Engineering Factors Weightage
    • Market Share Methodology
  3. Executive Summary
    • Key Findings
    • Market Engineering Factors
    • Industry Expert Perspectives
  4. Market Definitions
  5. The Global Air Purifier Market Value
    • Overall Market Forecast
    • Air Purifier Growth Outlook, By Segments
    • Air Purifier Growth Scenario, by Region
  6. The Air Purifier Industry Ecosystem
    • Parent Market Overview
    • Industry Value Chain
    • Growth Factor Analysis
    • Key Industry Players By Region
  7. The Air Purifier Industry Dynamics
    • Drivers
    • Challenges
    • Opportunities
    • Mega Trends
    • Geographical Trends
    • Industry Experts Views
    • Merger Acquisition and Compliances, By Selected countries
  8. Global Air Purifier Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Industry Predictive Analysis
    • Air Purifier Industry Segment Comparative Ranking Analysis
    • Key Companies Involved and Initiatives
    • Global Industry Opportunity Proposition Analysis
    • Market Share Analysis, (%)
    • Global Air Purifier Market Size and Forecast, (2017-2027)
      • Market Value Forecast (US$ Million)
      • Growth Analysis (Y-o-Y) and Forecast
  1. Global Air Purifier Industry Size and Forecast, By Segments

By Technology:

  • Activated Carbon
  • Electrostatic Precipitator
  • HEPA
  • UV Light Air Purifier
  • Ionic Air Purifier
  • Others

By Impurities:

  • Dust Collectors
  • Fume and Smoke Collectors
  • Oil and Mist Eliminators
  • Vehicle Exhaust
  • Others

By End-use:

  • Industrial
  • Residential
  • Commercial Spaces
  • Others
  1. North America Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis
    • North America Air Purifier Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • North America Air Purifier Market, By Segments (As mentioned in section 10 of TOC)
    • S. Air Purifier Market Size and Forecast, By Segments
    • Canada Air Purifier Market Size and Forecast, By Segments
  2. Latin America Air Purifier Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Latin America (South America) Air Purifier Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
      • Latin America Air Purifier Market, By Segments (As mentioned in section 10 of TOC)
    • Brazil Air Purifier Market Size and Forecast, By Segments
    • Argentina
    • Mexico
    • Rest of Latin America

(Air Purifier industry analysis covered across Latin America countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Western Europe Air Purifier Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Western Europe Air Purifier Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Western Europe Air Purifier Market, By Segments (As mentioned in section 10 of TOC)
    • Germany Air Purifier Market Size and Forecast, By Segments
    • UK
    • France
    • Spain
    • Italy
    • NORDIC
    • Switzerland
    • Rest of Western Europe

(Air Purifier industry analysis covered across Western Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Central and Eastern Europe (CEE) Air Purifier Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Regional Countries
    • Central and Eastern Europe Air Purifier Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Central and Eastern Europe Air Purifier Market, By Segments (As mentioned in section 10 of Air Purifier Market TOC)
    • Russia Air Purifier Market Size and Forecast, By Segments
    • Poland
    • Ukraine
    • Rest of CEE

(Air Purifier industry analysis is covered across Central and Eastern Europe countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Asia Pacific Air Purifier Industry Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Asia Pacific Countries
    • Asia Pacific Air Purifier Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Asia Pacific Air Purifier Market, By Segments (As mentioned in section 10 of TOC)
    • Japan Air Purifier Market Size and Forecast, By Segments
    • China
    • India
    • South Korea
    • Australia
    • ASEAN
    • Rest of Asia Pacific

(Air Purifier industry analysis is covered across Asia Pacific countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Middle East Air Purifier Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Middle East Countries
    • Middle East Air Purifier Market Analysis
      • Industry Size and Forecast, (2017-2027)
      • Industry Share (%)
      • Industry Growth Forecast (%)
    • Middle East Air Purifier Market, By Segments (As mentioned in section 10 of TOC)
    • GCC Air Purifier Market Size and Forecast, By Segments
    • Israel
    • Rest of Middle East

(Air Purifier industry analysis is covered across Middle East countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Africa Air Purifier Market Value and Forecast
    • Introduction
    • Industry Initiatives
    • Bekryl Predictive Analysis
    • Comparative Ranking Analysis, By Segments (As mentioned in section 10)
    • Key Companies Involved and Initiatives, By Region
    • Industry Value Proposition Analysis, By Africa Countries
    • Market Share Analysis, (%)
    • Africa Air Purifier Industry Size and Forecast, (2017-2027)
    • Africa Air Purifier Industry Share (%)
    • Africa Air Purifier Industry Growth Forecast (%)
    • South Africa Air Purifier Market Size and Forecast, By Segments
    • Algeria
    • Nigeria

(Air Purifier industry analysis is covered across Africa countries by segments mentioned in section 10. Request Sample to access detailed TOC and Research Framework)

  1. Air Purifier Market Competitive Landscape
    • Competition Dashboard
    • Funding and Investment
    • Company Market Positioning
    • Marketing Mix Strategies
    • Product Level Strategies
    • Go-to-Market Strategies
    • SWOT Analysis
    • Key Developments, By Companies
    • Company Profiles*
      • 3M Company,
      • Eureka Forbes,
      • Fumex Inc.,
      • Honeywell International Inc.,
      • LG Electronics,
      • Air Products and Chemicals, Inc.,
      • Daikin Industries, Ltd.,
      • Electrocorp,
      • Alfa Laval AB,
      • Mann+Hummel GmbH,
      • Camfil Group,
      • Clarcor Inc.,
      • Clean Teq Holdings Limited,
      • Panasonic Corporation,
      • Philips Electronics N.V.,
      • Sharp Corporation
      • SPX Corporation
  1. Analyst Opinion
  2. Summary and Conclusion
  3. For more Information, Bekryl can help

*(SWOT, Key Developments, and Strategies are based on individual companies)

To access the detailed Air Purifier industry TOC and sample research pages, download sample.

Air Purifier Market Report Structure

Air Purifier Industry Dynamics

This section enables Air Purifier industry stakeholders to understand the prevalent market conditions and help them prioritize their investment strategy. Factors that are favorable to Air Purifier market growth is equated with challenges – resulting in proper growth strategy module. Drivers and challenges provide early assessment of current Air Purifier industry trends and keep industry leaders abreast of latest happenings.

This section includes:

  • Market Drivers
  • Market Challenges
  • Air Purifier Industry Trends
  • Air Purifier Value Chain Analysis
  • Marketing Opportunities
  • Regulatory Aspects
  • Air Purifier Industry Experts Market Opinion

Industry Analysis, By Segments

Industry stakeholders receive detailed analysis of the Air Purifier industry trends. Anticipate key market trends across market analysis segments with Bekryl Market Analysts model.

Each segment has research framework, essential to understand the market scenario in near future.

Each segment includes:

  • Market Size and Forecast
  • Annual Growth Rate Analysis (AGR)
  • Key Trends, By segments
  • Key Industry Developments
  • Investment Proposition Analysis
  • Potential Addressable Market Analysis
  • Growth Factor, By Segment Analysis

This section helps in understanding the overall demand across end-users. As such, the industry stakeholders are able to minimize the operational cost and take better strategic decisions.

Competition Landscape

Keep abreast of key strategies of industry leaders and regional Air Purifier industry players. Company profiles allow industry stakeholders to competitor’s strategic decision and understand how these affect their own business.

This section include:

  • Competition dashboard
  • SWOT Analysis by Companies
  • Go-to-market sales strategy
  • Financial performances subject to listed companies
  • Market Share Analysis
  • Analyst Recommendation

 

Regional Market Analysis

Regional analysis help industry leaders to better understand the dynamics of their current market and determine which regional market their company should target to strengthen their market presence globally. The Air Purifier market report offers industry scenario in 24+ countries. Regional section focus on economic context, regulatory framework, supply demand balance trends and key regional companies engaged in the market.

This section include:

  • Market Size by Country and Region
  • Market Opportunity, By Country and Region
  • Regional Trends
  • Growth Analysis and Forecast

Country Profiles

Country profiles help industry leaders to better analyze the market at root level – thereby framing strategies that could add value to the overall organization. This section contains information pertaining to key developments and research framework mapping the potential attractive end-users. Factors are equated with macroeconomic conditions to help leaders minimize operational risks if any

North America Air Purifier Market Size

  • S.
  • Canada

Latin America Air Purifier Market Size

  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America

(*Air Purifier Market value analyzed across each Latin America country)

Western Europe Air Purifier Market Size

  • Germany
  • UK
  • France
  • Switzerland
  • Spain
  • Italy
  • NORDIC
  • Rest of Western Europe

(*Air Purifier Market value analyzed across each Western Europe country)

Central and Eastern Europe Air Purifier Industry Analysis

  • Russia
  • Poland Meat
  • Ukraine Meat
  • Rest of Eastern Europe

(*Air Purifier Market value analyzed across each Central and Eastern Europe country)

Asia Pacific Air Purifier Industry Size

  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN Meat
  • Rest of Asia Pacific

(*Air Purifier Market value analyzed across each Asia Pacific country)

Middle East Air Purifier Industry Size

  • GCC
  • Israel
  • Rest of Middle East

(*Air Purifier Market value analyzed across each Middle East country)

Africa Air Purifier Industry Size

  • South Africa
  • Algeria
  • Nigeria
  • Rest of Africa

Air Purifier Market Research Methodology

Bekryl Market Analysts has earned reputation within the market research and consulting industry for its ability to not only collect and reprint data but also its ability to build upon its extensive models and databases to provide meaningful forecasting and strategic planning services to clients.

Our research analyst and industry experts thoroughly investigates the industry by extensively interviewing the industry leaders and analyzing information from various secondary sources. The information collected is analyzed with the help of analytical tools to offer real time forecast solutions.

Air Purifier Market Growth Forecasting Methodology

In order to prepare historical data and analyze Air Purifier market forecast, Bekryl prepare data for product supply and actual demand from end-use consumers. Through this, we get to know actual demand for Air Purifier market globally. The data collection is done through secondary and primary market research and then a constructive model is developed.

  • Secondary market research involves data collection through various paid publications and government agencies. Various journals and pre-encrypt transcripts is decoded to get the real time data solutions
  • The data collected through secondary research is then validated with the industry experts to minimize the anomaly and reflect key stakeholders opinion in the report.

With the model constructed, the cluttered data collected through different sources is structured with the help of proprietary analytical tools – making us understand the variation happened in the current year compared to historical years. To forecast Air Purifier market revenue, Bekryl Market Analysts takes in consideration the demand growth of the segments. Demand for the product is dependent on end-user spending which is a function of many factors: amongst them macroeconomic strength, price variation and other base factors.

The forecast methodology requires extensive data analysis across countries. Among all the factors, GVA and GDP output is considered as the first set of approximation. Bekryl Market Analysts has developed a demand driven model based on GDP across targeted countries.  Under this, co-relation is analyzed between product and GDP – resulting in a constant GDP-Product coefficient. Higher the coefficient- greater will be the growth rate. For instance, GDP-Product segment coefficient matrix of 3 denotes Air Purifier industry growth is nearly 3.5X to 5.5X higher than the relative GDP.

Besides GDP-Product Coefficient, Bekryl establishes following relation variation for higher predictive analysis.

  • Base Factors Growth Analysis
  • Price Variation Analysis
  • Potential Consumer Mapping

 Air Purifier Industry Players: Competition Landscape Methodology

Bekryl maps key market players across regions. Financial ratios is taken in consideration along with regional presence and their value chain to understand the company market strength. Thereafter, investment proposition for each company is proposed which gives coefficient matrix value for the company. Industry experts is also reflected in company landscape.

 

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