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Pulished Date December, 2020
ID: 10557
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Global Portable Air Purifier Market Segmentation based on Technology (HEPA, Active Carbon Filtration, Electrostatic Precipitator, Ion and Ozone Generator and others), Application (Residential and Commercial), and Region - Industry Forecast to 2025

Pulished: December, 2020
ID: 10557
Pages: 175

Portable Air Purifier Market Size & Growth (2020 – 2025)

The global portable air purifier market is expected to record a CAGR of 10.82% in the forecast years of 2020 to 2025. The air purifier is a device that helps improve indoor air quality by removing pollutants from air. Portable air purifiers are used indoors to purify the air are discussed in the report. Air purifiers differ in their configuration, operating technology and the volume of air they clean, all of which influence the efficiency of the air filter. Air pollution leads to an alarming increase in environmental problems, which in turn leads to various diseases such as asthma.

Market Growth

The increasing demand for air care and the growing concern for indoor air quality have generated strong demand in the market for portable air purifiers around the world. Additionally, increasing disposable income and changing lifestyle and spending habits are driving the growth of the global portable air purifier market.

Recent Developments and Trends

  • In 2020, LG launched its extensive line of PuriCare air purifiers, including the LG PuriCare 360 ​​° air purifier and PuriCare Mini.
  • In 2018, Daikin announced the completion and recent start of large-scale operations of a new air conditioning factory in Vietnam by its subsidiary, Daikin Air Conditioning Vietnam. This has helped the company expand its presence in the Asia-Pacific region.

Portable Air Purifier Market Drivers

The global market for air purifiers is primarily driven by growing awareness of the adverse health effects of air pollution. The World Health Organization (WHO) estimates that more than four million deaths worldwide each year are attributed to ambient air pollution. Air pollution also surges the risk of acute respiratory infections. Since ingesting polluted air can have serious health effects, such as asthma, COPD, or increased cardiovascular risks, most countries have tightened their laws to control air quality and protect themselves they focus primarily on car emissions. Air purifiers remove smoke particles that pose a health risk. Additionally, effective air purifiers have the ability to capture certain bacteria, viruses, and particles that damage DNA. Smart connected homes are equipped with smart devices that allow residents to remotely control or program a variety of automated home electronics via smartphone. Smart homes are often equipped with devices, such as detectors and sensors, to monitor, analyse, and control indoor air quality. When air quality is below the desired level, sensors notify residents of impurities in the air and signal air quality monitors to begin cleaning the air.

Restraints:

The air purifier has some drawbacks such as initial cost and high maintenance. An air purifier can range from $200 to $2000. In addition, the cost of changing the filter and maintaining it is also very high because the air purifier requires a regular filter change, which can be every three months to six months. The huge costs associated with air purifiers are expected to negatively affect market growth.

Portable Air Purifier Market Segmentation:

The global portable air purifier market is segmented based on technology and based on type.

  • Based on technology, the portable air purifier market is segmented into HEPA (High Efficiency Particulate Air) filters, active carbon filtration, electrostatic precipitators, UV filters and ion filters. The HEPA segment accounted for the largest market share in 2019. Growing concerns about environmental sustainability, growing public awareness of the health implications of air pollution, and the growing popularity of smart home / assisted living environments have resulted to greater adoption of HEPA technology in the residential air purifier market.
  • Based on application, the portable air purifier market is segmented into residential and commercial. The residential segment is expected to see the most growth over the forecast period. This is primarily due to the need to eliminate sources of pollutants or allergens from indoor air, the increasing popularity of smart homes, and increased public awareness of the implications of air pollution on health.

Portable Air Purifier Regional Analysis:

Asia-Pacific has dominated the market for portable air purifiers due to the development of retail infrastructure. An effective retail infrastructure enables companies to easily make their products available to customers, which in turn helps increase overall sales. Additionally, increased awareness of the adverse effects of air pollution on humans is expected to intensify market growth over the forecast period.

Regionally, South Asia, Southeast Asia, and West Asia have the highest fine particle load around PM2.5 pollution overall, with only 6 of the 355 cities included collectively meeting the annual targets for the WHO in these areas. The cities of South Asian countries are at the top of the world pollution index. Therefore, awareness of increased air pollution among consumers, as well as diseases associated with air pollution, is expected to have a positive impact on the growth of portable air purifier sales. Additionally, innovative products offered by market players associated with portable air purifier after-sales service are driving sales, providing a market opportunity for portable air purifiers.

Competitive Landscape:

The significant product differentiation in the global market for portable air purifiers leads to increased competition among rivals. Therefore, the intensity of industrial rivalry is estimated to be high throughout the forecast period. Some of the prominent companies operating in the market include Daikin Industries Ltd, Blueair Inc., Philips International BV, Dyson Limited, Panasonic Corporation, etc.

Key Players:

The key players of the global portable air purifier market are Honeywell International Inc. (US), Panasonic Corporation (Japan), Whirlpool Corporation (US), Hamilton Beach Brands Holding Company (US), Levoit (US), Guardian Technologies (US), Blueair (Sweden), Airfree (Portugal), Real Spirit USA, Inc. (US), and Austin Air Systems Limited (US). 

Impact of Covid-19 on Portable Air Purifier market

The coronavirus outbreak has generated significant revenue-generating opportunities for air purifier manufacturers, with high-performance units, including popular HEPA and activated carbon technologies, to minimize the spread of the virus in confined spaces. High-end, high-performance air purifiers are capable of filtering particles down to 1 micron, and the size of the COVID-19 virus is estimated to be around 1.2 microns. Manufacturers have therefore expressed confidence that they will be able to provide an indoor solution during the outbreak that will support demand in the near future. Growing consumer awareness of air purification in the wake of coronavirus is an opportunity for air purifier retailers to increase sales. Some companies are increasing the production of air quality systems with the incorporation of different technologies such as HEPA filters, photocatalytic purifiers, activated carbon purifiers and ionic filters.

1. Introduction            
    1.1 Market Definition        
    1.2 Scope of the report        
    1.3 Study Assumptions        
    1.4 Base Currency, Base Year and Forecast Periods         
2. Research Methodology            
    2.1 Analysis Design        
    2.2 Research Phases        
        2.2.1 Secondary Research    
        2.2.2 Primary Research     
        2.2.3 Data Modelling    
        2.2.4 Expert Validation    
    2.3 Study Timeline        
3. Report Overview            
    3.1 Executive Summary        
    3.2 Key Inferencees        
4. Market Dynamics            
    4.1 Impact Analysis        
        4.1.1 Drivers    
        4.1.2 Restaints    
        4.1.3 Opportunities    
    4.2 Regulatory Environment         
    4.3 Technology Timeline & Recent Trends        
5. Competitor Benchmarking Analysis            
    5.1 Key Player Benchmarking        
        5.1.1 Market share analysis    
        5.1.2 Products/Service    
        5.1.3 Regional Presence    
    5.2 Mergers & Acquistion Landscape        
    5.3 Joint Ventures & Collaborations        
6. Market Segmentation            
    6.1 Portable Air Purifier Market, By Technology        
        6.1.1 HEPA    
        6.1.2 Active Carbon Filtration    
        6.1.3 Electrostatic Precipitator    
        6.1.4 Ion and Ozone Generator    
        6.1.5 Market Size Estimations & Forecasts (2019-2024)    
        6.1.6 Y-o-Y Growth Rate Analysis    
        6.1.7 Market Attractiveness Index    
    6.2 Portable Air Purifier Market, By Application        
        6.2.1 Residential    
        6.2.2 Commercial    
        6.2.3 Market Size Estimations & Forecasts (2019-2024)    
        6.2.4 Y-o-Y Growth Rate Analysis    
        6.2.5 Market Attractiveness Index    
7. Geographical Landscape            
    7.1 Global Identity Governance and Administration Market, by Region        
    7.2 North America - Market Analysis (2018 - 2024)        
        7.2.1 By Country    
            7.2.1.1 USA 
            7.2.1.2 Canada
        7.2.2 By Technology    
        7.2.3 By Application    
    7.3 Europe        
        7.3.1 By Country    
            7.3.1.1 UK
            7.3.1.2 France
            7.3.1.3 Germany
            7.3.1.4 Spain
            7.3.1.5 Italy
            7.3.1.6 Rest of Europe
        7.3.2 By Technology    
        7.3.3 By Application    
    7.4 Asia Pacific        
        7.4.1 By Country    
            7.4.1.1 China
            7.4.1.2 India
            7.4.1.3 Japan
            7.4.1.4 South Korea
            7.4.1.5 South East Asia
            7.4.1.6 Australia & NZ
            7.4.1.7 Rest of Asia-Pacific
        7.4.2 By Technology    
        7.4.3 By Application    
    7.5 Latin America        
        7.5.1 By Country    
            7.5.1.1 Brazil
            7.5.1.2 Argentina
            7.5.1.3 Mexico
            7.5.1.4 Rest of Latin America
        7.5.2 By Technology    
        7.5.3 By Application    
    7.6 Middle East and Africa        
        7.6.1 By Country    
            7.6.1.1 Middle East
            7.6.1.2 Africa
        7.6.2 By Technology    
        7.6.3 By Application    
8. Key Player Analysis            
    8.1 Honeywell International Inc        
        8.1.1 Business Description    
        8.1.2 Products/Service    
        8.1.3 Financials    
        8.1.4 SWOT Analysis    
        8.1.5 Recent Developments    
        8.1.6 Analyst Overview    
    8.2 Panasonic Corporation        
    8.3 Whirlpool Corporation        
    8.4 Hamilton Beach Brands Holding Company        
    8.5 Levoit        
    8.6 Guardian Technologies        
    8.7 Blueair        
    8.8 Airfree        
    8.9 Real Spirit USA, Inc        
    8.10 Austin Air Systems Limited        
9. Market Outlook & Investment Opportunities            
10. Appendix            
    List of Tables        
    List of Figures        

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The segment-level analysis in terms of by Technology, Application along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  • Global Portable Air Purifier Market By Region, From 2020-2025 ( USD Billion )
  • Global Portable Air Purifier Market By Technology, From 2020-2025 ( USD Billion )
  • Global HEPA Market By Region, From 2020-2025 ( USD Billion )
  • Global Active Carbon Filtration Market By Region, From 2020-2025 ( USD Billion )
  • Global Electrostatic Precipitator Market By Region, From 2020-2025 ( USD Billion )
  • Global Ion and Ozone Generator Market By Region, From 2020-2025 ( USD Billion )
  • Global Portable Air Purifier Market By Application, From 2020-2025 ( USD Billion )
  • Global Residential Market By Region, From 2020-2025 ( USD Billion )
  • Global Commercial Market By Region, From 2020-2025 ( USD Billion )

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