The Portable Air Purifier Market is Predict to reach USD 19.1 Billion by 2031, at a CAGR of 7.9%

Portable Air Purifier Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Portable Air Purifier Market size is expected to reach $19.1 billion by 2031, rising at a market growth of 7.9% CAGR during the forecast period. In the year 2023, the market attained a volume of 1,30,440.04 thousand units experiencing a growth of 9.9% (2020-2023).

The Commercial segment is generating the highest revenue in the Global Portable Air Purifier Market by Application in 2023; thereby, achieving a market value of $11 billion by 2031. Hospitals, clinics, and other healthcare facilities require high indoor air quality levels to protect patients, staff, and visitors from airborne pathogens and contaminants. Portable air purifiers with medical-grade filtration systems help reduce the transmission of infectious diseases and maintain sterile environments in healthcare settings.

The Below 200 Sq. Ft. segment is registering a CAGR of 7.3 % during the forecast period. Portable air purifiers for spaces below 200 square feet are ideal for bedrooms, providing cleaner and healthier air for sleeping environments. These purifiers help remove allergens like dust mites, pollen, pet dander, and airborne pollutants, ensuring a more restful and rejuvenating sleep experience.

The High Efficiency Particulate Air (HEPA) segment led the Global Portable Air Purifier Market by Type in 2023; thereby, achieving a market value of $7.2 billion by 2031. HEPA filters are highly efficient at capturing airborne particles as small as 0.3 microns with a high degree of effectiveness, including dust, pollen, pet dander, mold spores, and even some bacteria and viruses. This effectiveness appeals to consumers seeking comprehensive air purification.

The Hypermarkets & Supermarkets segment is growing at a CAGR of 7.1 % during the forecast period. Hypermarkets & supermarkets serve as one-stop destinations for consumers' shopping needs, allowing them to purchase portable air purifiers and other household items in the same location. This convenience encourages impulse purchases and increases the likelihood of consumers adding air purifiers to their shopping carts while browsing for other products.

Full Report: https://www.kbvresearch.com/portable-air-purifier-market/

The Asia Pacific region dominated the Global Portable Air Purifier Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $8.2 billion by 2031. The North America region is anticipated to grow at a CAGR of 7.5% during (2024 - 2031). Additionally, The Europe region would witness a CAGR of 7.7% during (2024 - 2031).

List of Key Companies Profiled

• Coway Co., Ltd.
• SHARP Corporation
• Honeywell International Inc.
• Dyson Limited
• LG Electronics, Inc. (LG Corporation)
• Koninklijke Philips N.V.
• Samsung Electronics Co., Ltd. (Samsung Group)
• Whirlpool Corporation
• Unilever PLC (Blueair AB)
• Carrier Global Corporation

Portable Air Purifier Market Report Segmentation

By Application (Volume, Thousand Units, USD Billion, 2020-31)

• Commercial
• Residential

By Coverage Range (Volume, Thousand Units, USD Billion, 2020-31)

• Below 200 Sq. Ft.
• 200-250 Sq. Ft.
• Above 300 Sq. Ft.
• 250-300 Sq. Ft.

By Type (Volume, Thousand Units, USD Billion, 2020-31)

• High Efficiency Particulate Air (HEPA)
• Activated Carbon
• Ionic Filters
• Electrostatic Precipitator

By Sales Channel (Volume, Thousand Units, USD Billion, 2020-31)

• Hypermarkets & Supermarkets
• Retail Stores
• Specialty Stores
• Online
• Others

By Geography (Volume, Thousand Units, USD Billion, 2020-31)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Related Reports:

North America Portable Air Purifier Market Size to 2031

• May-2024
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LAMEA Portable Air Purifier Market Size | Forecast - 2031

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Europe Portable Air Purifier Market Size | Analysis 2031

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Asia Pacific Portable Air Purifier Market Size Share 2031

• May-2024
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