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AC Air Purifier Market Size
AC Air Purifier market size was valued at around USD 1.45 billion in 2023 and is anticipated to register a CAGR of 7.5% between 2024 to 2032. As individuals become increasingly aware of the health risks associated with indoor air pollution, demand for air purification devices has increased. Individuals are increasingly looking for ways to improve the air quality in their homes and businesses, which is fueling the rapid growth of AC air purifiers.
Concerns about respiratory health, allergic reactions, and airborne illnesses, particularly in densely populated urban regions with high pollution levels, have driven up demand for air purifiers. AC air purifiers offer an economical option for continuous air filtering in homes. As people become more health-conscious, they are investing in products that promote a healthy living environment. AC air purifiers are increasingly seen as a valuable tool for improving indoor air quality and mitigating the health risks associated with air pollution.
AC Air Purifier Market Report Attributes
| Report Attribute |
Details |
| Base Year: | 2023 |
|---|
| AC Air Purifier Market Size in 2023: | USD 1.45 billion |
|---|
| Forecast Period: | 2024 to 2032 |
|---|
| Forecast Period 2024 to 2032 CAGR: | 7.5% |
|---|
| 2032 Value Projection: | USD 2.75 billion |
|---|
| Historical Data for: | 2021 - 2023 |
|---|
| No. of Pages: | 340 |
|---|
| Tables, Charts & Figures: | 531 |
| Segments covered: | Type, Technology, Room Coverage Range, Price Range, End User, Distribution Channel |
|---|
| Growth Drivers: | - Rising concerns about respiratory health, allergies, and airborne illnesses
- Increasing disposable income
|
|---|
| Pitfalls & Challenges: | - Limited area coverage and cost associated with maintenance
- Presence of alternative solutions
|
|---|
According to the United States Environmental Protection Agency (EPA), indoor air can be five times as polluted as outdoor air. According to the Centers for Disease Control and Prevention, 1 in 12 people have asthma. People living with asthma have inflamed bronchial tubes. Pollutants such as pet hair and dander, pollen, or dust mites irritate their airways, causing difficulty breathing. Furthermore, as developing economies experience economic growth, disposable incomes are rising. This allows consumers to invest in non-essential items like home appliances, including AC air purifiers. According to the World Bank global GDP will reach USD 104.7 trillion in 2024. This growth in disposable income creates opportunities for increased consumer spending on products like AC air purifiers.
Making unusual noise is the major concern related to AC air purifiers. Incorrectly installed or clogged filters can lead to a series of noises ranging from clicking to rattling, indicating the air purifier is straining to function as intended. Similarly, dust build-up on ionizer pins can result in ticking sounds. To address the issue manufacturers are developing air purifier with low noise technology. Additionally, strong presence of alternative solution such as air purifiers which provide complete coverage for whole living or working area may also directly impact on the sales of market. However, many entry-level or compact air purifiers are intended for smaller rooms and may struggle to properly clean the air in larger spaces.
