Portable Air Purifier Market

Global Portable Air Purifier Market Size (2024 to 2029)

The global Portable Air Purifier Market is expected to grow at a CAGR of 7.2% from 2024 to 2029 and the market size is predicted to be valued at USD 13.34 billion by 2029 from USD 9.42 billion in 2024.

The air purifier is a device that helps improve indoor air quality by removing pollutants from the air. Portable air purifiers 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.

Global 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 increases 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, analyze, 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.

Global Portable Air Purifier Market 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.

Impact of COVID-19 on the 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 the 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.

REPORT COVERAGE:

This research report on the global portable air purifier market has been segmented and sub-segmented based on technology, application, and region.

Global Portable Air Purifier Market - By Technology:

• 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 in greater adoption of HEPA technology in the residential air purifier market.

Global Portable Air Purifier Market - By Application:

• Residential
• 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.

Global Portable Air Purifier - By Region:

• North America
• Europe 
• Asia Pacific
• Latin America
• The Middle East and Africa

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 MARKET PLAYERS:

The major key players in the 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), Austin Air Systems Limited (US).

RECENT HAPPENINGS IN THE MARKET:

• In 2020, LG launched its extensive line of PuriCare air purifiers, including the LG PuriCare 360 ​​° air purifier and PuriCare Mini.