The Europe air purifier market was valued at US$ 2,876.1 million in 2019 and is projected to reach US$ 8,888.8 million by 2027; it is expected to grow at a CAGR of 15.3% from 2020 to 2027.
Air purifiers clean the air by eradicating particles such as pet allergens and pollens from air to purify air. Advancements in the air purification technology have further enhanced capabilities of air purifiers; as a result, many variants also remove odors and gasses, i.e., volatile organic compounds, from indoor environment. Rising demand for these products with advanced connectivity solutions in the residential segment and mounting health-consciousness among millennial populations owing to surging air pollution are the key factors supporting the market growth. The increasing trend of adopting healthy lifestyle in Western Europe, backed by the increasing disposable income, is contributing to the air purifier market growth. The development of new highly operating devices for the industrial harsh environments is further supporting the market growth.
The Europe air purifier market is segmented into mechanization, technology, connectivity, end-user. Based on technology, the market is segmented into ionization, adsorption, chemisorption, photocatalytic oxidation, plasma, ozone, and ultraviolet. The adsorption segment accounted for a dominant share of the air purifier market in 2019. Purifiers based on the adsorption technology are majorly employed in applications that require the removal of gaseous pollutants, with high removal efficiency. On the basis of connectivity, the air purifier market is segmented into manual, Bluetooth, and Wi-Fi. The manually operated purifiers are among the most affordable products. Rising penetration of smart and advanced technologies in air purifiers is likely to support the growth of the market for Bluetooth and Wi-Fi segments during the forecast period. On the basis of end user, market is segmented into commercial, residential, and industrial. The commercial segment led the air purifiers market in 2019.
Major players operating in the air purifier market include Ab Alfaintek OY;Airfree; Blueair; BONECO AG; Dyson Ltd; De'Longhi S.p.A.; Daikin Industries, Ltd.; Honeywell International; Inc.; Koninklijke Philips N.V.;and Natéosanté.
The overall air purifier market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the air purifier market with regardto all the segments. Also, primary interviews were conducted with industry participants and commentators to validate dataas well as to gain more analytical insights into the topic. The participants typically involved in this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the Europe air purifier market.