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).
By Application (Volume, Thousand Units, USD Billion, 2020-31)
By Coverage Range (Volume, Thousand Units, USD Billion, 2020-31)
By Type (Volume, Thousand Units, USD Billion, 2020-31)
By Sales Channel (Volume, Thousand Units, USD Billion, 2020-31)
By Geography (Volume, Thousand Units, USD Billion, 2020-31)