Market Size of Asia-Pacific Air Purifier Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.00 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Asia-Pacific Air Purifier Market Analysis
The Asia-Pacific air purifier market is expected to register a CAGR of more than 4% during the forecast period.
The market was negatively impacted by the outbreak of COVID-19 due to regional lockdowns, leading to a decrease in demand for air purifiers. The market has currently rebounded from the effects of COVID-19.
- The Asia-Pacific air purifier market is likely to be driven by things like air quality getting worse and how that affects people's health.
- But the Asia-Pacific air purifier market is likely to be held back by the fact that some purifiers release ozone and other dangerous byproducts.
- The increasing actions taken by the countries in the region, such as India and South Korea, to make the air breathable are expected to create several opportunities for the Asia-Pacific air purifier market in the future.
Due to its increasing urbanization, which makes the cities more populated, China is expected to be the largest market for the Asia-Pacific air purifier during the forecast period.
Asia-Pacific Air Purifier Industry Segmentation
An air purifier moves the air in a room. It has filters that catch dust and gases. An air purifier needs to move enough air and have high-efficiency filters in order to function properly. The Asia-Pacific air purifier market report is segmented by filtration technology, type, end-user, and geography. By filtration technology, the market is segmented into high-efficiency particulate air (HEPA) and other technologies. By type, the market is segmented into stand-alone and in-duct. By end-user, the market is segmented into residential, commercial, and industrial. The report also covers the market size and forecasts for air purifiers across the major countries in the region. For each segment, market sizing and forecasts have been done based on revenue (USD billion).
| Filtration Technology | |
| High-efficiency Particulate Air (HEPA) | |
| Other Technologies |
| Type | |
| Stand-alone | |
| In-duct |
| End User | |
| Residential | |
| Commercial | |
| Industrial |
| Geography | |
| China | |
| India | |
| Japan | |
| Rest of Asia-Pacific |
Asia-Pacific Air Purifier Market Size Summary
The Asia-Pacific air purifier market is poised for growth, driven by deteriorating air quality and its impact on public health. The market experienced a downturn due to COVID-19-related lockdowns but has since recovered. Factors such as increasing urbanization, particularly in China, and government initiatives in countries like India and South Korea to combat air pollution are expected to create significant opportunities for market expansion. However, the presence of ozone and other harmful byproducts from some air purifiers may pose challenges to market growth. The residential segment is anticipated to lead the market, as air pollution remains a critical health risk in both urban and rural areas across the region.
China is projected to be the largest market within the Asia-Pacific region, driven by rapid industrialization and high energy demand, which contribute to significant air pollution. The country's leadership in various manufacturing sectors and stringent environmental regulations are likely to boost the demand for air purifiers. The market is characterized by fragmentation, with key players such as Daikin Industries Ltd, Dyson Ltd, Koninklijke Philips NV, IQAir, and Panasonic Corporation actively participating. Recent product launches, like Havells Studio's Meditate air purifier and Samsung's new models in India, highlight ongoing innovations aimed at improving air quality by removing harmful pollutants and microorganisms.
Asia-Pacific Air Purifier Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD billion, till 2028
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 Porter's Five Force Analysis
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1.7.1 Bargaining Power of Suppliers
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1.7.2 Bargaining Power of Consumers
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1.7.3 Threat of New Entrants
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1.7.4 Threat of Substitute Products and Services
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1.7.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Filtration Technology
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2.1.1 High-efficiency Particulate Air (HEPA)
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2.1.2 Other Technologies
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2.2 Type
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2.2.1 Stand-alone
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2.2.2 In-duct
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2.3 End User
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2.3.1 Residential
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2.3.2 Commercial
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2.3.3 Industrial
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2.4 Geography
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2.4.1 China
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2.4.2 India
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2.4.3 Japan
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2.4.4 Rest of Asia-Pacific
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Asia-Pacific Air Purifier Market Size FAQs
What is the current Asia-Pacific Air Purifier Market size?
The Asia-Pacific Air Purifier Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Air Purifier Market?
Daikin Industries Ltd, Dyson Ltd, Koninklijke Philips NV, IQAir and Panasonic Corporation are the major companies operating in the Asia-Pacific Air Purifier Market.
