Air Purifier Market Size to Grow by USD 19.78 billion | 3M Co. and Daikin Industries Ltd. Among Key Vendors |Technavio – QNT Press Release


NEW YORK, May 30, 2022 /PRNewswire/ — The latest report on the air purifier market estimates that the market size will grow by USD 19.78 bn from 2020 to 2025. Moreover, the growth momentum of the market will accelerate at a CAGR of 14.74% during the forecast period. This growth is attributed to technological innovation and portfolio extension leading to product premiumization. However, factors such as the presence of counterfeit products may challenge the market growth.

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Air Purifier Market 2021-2025: Scope

The air purifier market report covers the following areas:

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Air Purifier Market 2021-2025: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Global vendors must concentrate on product portfolio expansions and product innovations to stay ahead of their competitors. These vendors focus on R&D, technology, and branding to compete in the market . They invest significantly in procuring high-quality products to deliver superior services to their customers. Vendors also focus on building brand and brand equity to differentiate themselves from their competitors.

3M Co., Daikin Industries Ltd., Honeywell International Inc., IQAir North America Inc., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Samsung Electronics Co. Ltd., Unilever Group, and Whirlpool Corp. are among some of the major market participants. The key offerings of some of the vendors are listed below:

  • 3M Co. – The company offers air filters such as Filtrete MPR 2800, Filtrete MPR 2200 Premium Allergen and Home Pollutants Air filters, Filtrete MPR1900, and others.
  • Daikin Industries Ltd. – The company offers air purifiers such as Air Purifiers MC76VVM6, MC70MVM6, and MC30UVM6.
  • Honeywell International Inc. – The company offers air purifiers such as HEPA filter and HiSiv filter.
  • IQAir North America Inc. – The company offers air purifiers, such as the HealthPro Series, Atem Desk, Atem Carand the GC Series.
  • Koninklijke Philips NV – The company offers air purifiers such as Series 1000, Series 2000, and Series 3000i.

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Air Purifier Market 2021-2025: Segmentation

  • Technology
    • HEPA
    • Electrostatic Precipitators
    • Ionizers And Ozone Generators
    • Others
  • Geography
    • APAC
    • North America
    • Europe
    • South America
    • MEA

Air Purifier Market 2021-2025: Key Highlights

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist air purifier market growth during the next five years
  • Estimation of the air purifier market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the air purifier market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of air purifier market, vendors

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Air Purifier Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

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