APAC Air Purifiers Market Experiences Rapid Growth

In terms of value, the Asia-Pacific (APAC) air purifiers market size is estimated to be USD 34,518.6 million in 2026 growing at a CAGR of 24.5 percent between 2016 and 2026. The market has been experiencing a rapid growth rate since the past few years owing to the economic development, increasing air pollution levels, and growing awareness among consumers regarding the advantages of air purifiers. The increasing pollution levels in the countries of APAC, such as India, Japan, China, and Indonesia, among others, stringent governmental regulations regarding the indoor air quality index, and increasing health and environmental concerns are the major accelerators. HEPA filter technology is expected to be the largest and fastest growing segment of the APAC air purifiers market both by value and units. Air purifiers for coverage area of more than 400 square feet are expected to be the fastest growing market in terms of value and volume. Mid-sized coverage air purifiers are expected to witness a healthy growth owing to boosting residential application in Japan, South Korea, and China. The commercial end-user industry dominated the APAC air purifiers market and is expected to grow at a CAGR of 25.2 percent between 2017 and 2026. Air purifiers are increasingly used in embassies across the APAC region.

The competitive landscape for the APAC air purifiers market demonstrates an inclination toward companies adopting strategies to expand their business, launching products with innovative technology, and focusing on research and development activities. Some of the major established players in the APAC air purifiers market are focusing more on product launches to keep a strong hold on the market. The companies are actively aiming at an increased number of agreements, partnerships and collaborations, and products to expand their operations, thereby, enhancing their share in the APAC air purifiers market. These companies expanded their business in different countries to increase their customer base in the market. The need for more R&D and appropriate regulatory environments is a prerequisite for sustained growth of this market. Various government and private research institutes, and regulatory bodies and associations are putting in substantial efforts to identify how air purifiers can be manufactured with advanced filter technologies and with higher efficiency to curb the intake of air pollutants present in the indoor air. Some of the major companies are focusing on technological inno-vations through heavy R&D investments for the development of integrated filter technology and silent bed room air purifiers. With such technological advancements in air purifiers, the market for air purifiers in APAC is expected to propel during the forecast period.

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