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AC Air Purifier Market Size

Report ID: GMI9972 Published Date: June 2024Report Format: PDF
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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.

 

AC Air Purifier Market

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.

 

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.

 

Author: Avinash Singh, Sunita Singh
Frequently Asked Question(FAQ) :

Why is the demand for fixed AC air purifiers rising?+

The fixed type segment in the AC air purifier industry accounted for USD 941.8 million in 2023 and is anticipated to grow at significant rate between 2024 and 2032, as they integrate directly into a home's HVAC system for ensuring cleaner air throughout the entire house.

How big is the AC air purifier market?+

AC air purifier industry size was worth USD 1.45 billion in 2023 and is projected to expand at 7.5% CAGR from 2024 to 2032, owing to the increasing awareness of the health risks associated with indoor air pollution.

Why is the demand for AC air purifiers with HEPA filters rising?+

The HEPA filters technology segment in the AC air purifier industry accounted for USD 528.2 million in 2023 as they are certified to capture at least 99.97% of airborne particles as small as 0.3 microns in diameter.

What factors are driving the AC air purifier market growth in North America?+

North America air purifier industry size was USD 468.4 million in 2023 and is projected to witness substantial gains from 2024 to 2032, accrued to the rising industrial activity, traffic congestion, and air pollution in the region.

AC Air Purifier Market Scope

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