Portable Air Purifier Market: Segmented: By Type (Dust Collectors, Fume & Smoke Collectors, Others), By Technique (High-Efficiency Particulate Air Filter (HEPA) Filter, Activated Carbon Filtration, Others), By Distribution Channel (Supermarkets & Hypermarkets, Online Stores, Convenience Stores, Others), And Region - Global Analysis of Market Size, Share & Trends For 2019-2021 And Forecasts To 2031
[ 170 + Pages Research Report ] Portable Air Purifier Market to surpass USD 32,738.1 million by 2031 from USD 10,507.3 million in 2021 at a CAGR of 12% in the coming years, i.e., 2021-2031.
The indoor air quality (IAQ) in homes, businesses, restaurants, and other enclosed environments is improved using portable air cleaners. In essence, air purifiers function by cleaning the air, which may contain toxins, allergies, and pollutants. In contrast to humidifiers and essential oil diffusers, which add particles to indoor air, they perform the exact opposite. When used in small areas, such as enclosed rooms, they function best. For proper ventilation and a supply of fresh air during the day, the doors and windows can be opened. However, the windows and doors should be essentially closed while using the air purifiers.
Portable Air Purifier Market is expected to project a notable CAGR of 12% in 2031.
The portable air purifier market is primarily being driven by factors including the incorporation of cutting-edge technologies in air purifiers, the rising demand for air purifiers in urban households, and rising per capita disposable income in emerging nations. Furthermore, one of the key factors fueling the growth of the portable air purifier market is the increased awareness of diseases brought on by air pollution.
Dust Collectors segment is expected to grow with the highest CAGR during 2021-31
Global Portable Air Purifier Market is classified on the basis of Type into Dust Collectors, Fume & Smoke Collectors, and Others. In 2019, the segment for dust collectors had the largest share. The growth in economic activity and an increase in the population of cities are driving the dust collector segment. Additionally, as infrastructure and industrial operations grow, more dangerous pollutants are released into the air, increasing the need for portable air purifiers. Manufacturers in the market for portable air purifiers with dust collectors are concentrating on creating sophisticated dust collector systems with better cleaning and lower noise levels.
The High-Efficiency Particulate Air Filter (HEPA) Filter segment is expected to grow with the highest CAGR during 2021-31
Portable Air Purifier Market is classified on the basis of Technique into High-Efficiency Particulate Air Filter (HEPA) Filter, Activated Carbon Filtration, and Others. The portable air purifier market was dominated by the high-efficiency particulate air (HEPA) segment. This is related to an increase in demand for air purifiers with high HEPA filtration rates. Additionally, it is projected that an increase in the demand for air pollution control equipment, particularly in developing economies, will fuel the demand for portable air purifiers.
The Rising Levels of Air Pollution and Increasing Disposable Income of Consumers
The demand for air purifiers in urban households has increased, according to the trends in the global portable air purifier market, as a result of lifestyle changes that have a direct impact on people's health. These changes also raise concerns about what people are consuming in the way of food and water. The patterns also indicate that consumers are interested in air purifiers because air pollution is increasing. As a result, the market anticipates strong growth throughout the current forecast period, which ends in 2027. Throughout the projected period, the rising per capita disposable income in emerging economies will also be a major driver of worldwide market expansion.
The Growing Concerns for Indoor Air Quality are boosting the Air Purifiers Demand
Sales of portable air purifiers are boosted by the innovative goods that industry participants are offering, creating a market opportunity for these items. Global demand for portable air purifiers has increased as a result of rising concerns about indoor air quality and rising demand for air purification products. Additionally, the growth of the portable air purifier market is aided by an increase in disposable income and changes in lifestyle and spending patterns.
The Emission of Harmful Chemicals and By-Products from Air Purifiers
Significant impediments include rising production costs, an increase in the emission of dangerous chemicals and byproducts from air filters, and technological issues with air quality monitoring products. Additionally, the rising complexity of indoor pollutants and the constantly shifting needs of consumers will make it expensive for new entrants to conduct research and development activities, which will pose a further threat to the growth of the portable air purifier market share anticipated by industry leaders during the aforementioned forecast period.
Global Portable Air Purifier Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. The increasing awareness of asthma, allergies, and pet dander in North America is the main driver driving the market for air purifiers. Poor indoor air quality in homes is a result of pet dander and other allergens, such as saliva, urine, and feces. As a result, it is one of the causes driving up demand in North America for portable air purifiers.
Since the new coronavirus pandemic has had a greater impact on people's purchasing power, the size of the portable air purifier industry has been impacted. The internationally operating markets have been struggling with a lack of skilled personnel and resources, as well as their inability to keep up with rising input costs and inventive customer demands, all while the market has been operating for the continuous time that ends in 2027. It is making it harder for the market to satisfy the expanding needs of the target audience and increasing the difficulties it already has performing the required tasks to the best of its capacity.
Portable Air Purifier Market is further segmented by region into:
Portable Air Purifier Market Segments:
|Market size value in 2021
|USD 10,507.3 Million
|Revenue forecast in 2031
|USD 32,738.1 Million
|CAGR of 12% from 2021 to 2031
|Base year for estimation
|Revenue in USD million and CAGR from 2021 to 2031
|Revenue forecast, company ranking, competitive landscape, growth factors, and trends
|Type, Technique, Distribution Channel, and Region
|North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)
|Key companies profiled
|Honeywell International Inc., Austin Air Systems Limited, Panasonic Corporation, Blueair, Real Spirit USA, Inc., Whirlpool Corporation, Guardian Technologies, Airfree, Hamilton Beach Brands Holding Company, Levoit, and Other Prominent Players.
The Portable Air Purifier Market size was estimated at USD 10,507.3 Million in 2021 and is expected to reach USD 32,738.1 Million in 2031.
Air purifier is a device that aids to improve indoor air quality by removing airborne contaminants. Different air purifiers operate differently and clean different volumes of air, which has an impact on how effective they are.
The Dust Collectors segment accounted for the largest Portable Air Purifier Market share.
Key players in the Portable Air Purifier Market include Honeywell International Inc., Austin Air Systems Limited, Panasonic Corporation, Blueair, Real Spirit USA, Inc., Whirlpool Corporation, Guardian Technologies, Airfree, Hamilton Beach Brands Holding Company, Levoit, and Other Prominent Players.
One of the main factors fueling the growth of the portable air purifier market is the increased awareness of ailments brought on by air pollution.
Select License Type
US : +1 (716) 218-3733
UK : +44 (208) 1235555
Select License Type
FATPOS CLIENT Appriciation DURING THE PROJECT