China Air Purifier Market Size & Outlook, 2023-2030
China air purifier market, 2018-2030 (US$M)
Related Markets
China air purifier market highlights
- The China air purifier market generated a revenue of USD 2,478.2 million in 2023 and is expected to reach USD 4,098.9 million by 2030.
- The China market is expected to grow at a CAGR of 7.5% from 2024 to 2030.
- In terms of segment, high efficiency particulate air (hepa) was the largest revenue generating technology in 2023.
- Activated Carbon is the most lucrative technology segment registering the fastest growth during the forecast period.
Air purifier market data book summary
| Market revenue in 2023 | USD 2,478.2 million |
| Market revenue in 2030 | USD 4,098.9 million |
| Growth rate | 7.5% (CAGR from 2023 to 2030) |
| Largest segment | High efficiency particulate air (hepa) |
| Fastest growing segment | Activated Carbon |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | High Efficiency Particulate Air (HEPA), Activated Carbon, Ionic Filters, Electrostatic Precipitator |
| Key market players worldwide | Honeywell International Inc, Koninklijke Philips NV, Unilever PLC, Sharp Corp, Samsung Electronics Co Ltd, LG Electronics Inc ADR, Panasonic Holdings Corp, Whirlpool Corp, Dyson, Carrier Global Corp Ordinary Shares, IQAir |
Other key industry trends
- In terms of revenue, China accounted for 15.5% of the global air purifier market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China air purifier market is projected to lead the regional market in terms of revenue in 2030.
- Singapore is the fastest growing regional market in Asia Pacific and is projected to reach USD 221.9 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Air Purifier Market Scope
Air Purifier Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China air purifier market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to air purifier market will help companies and investors design strategic landscapes.
High efficiency particulate air (hepa) was the largest segment with a revenue share of 41.07% in 2023. Horizon Databook has segmented the China air purifier market based on high efficiency particulate air (hepa), activated carbon, ionic filters, electrostatic precipitator covering the revenue growth of each sub-segment from 2018 to 2030.
According to World Health Organization, air pollution remains a major concern in China, with sources like industry, transportation, and household fuel use contributing to fine particles harmful to human health. Despite progress, air pollution causes around 2 million deaths annually, impacting the economy and quality of life.
According to Centre for Research on Energy and Clean Air (CREA), 2023 saw a rise in PM2.5 levels for the first time since 2013, with over half the provincial capitals exceeding national standards. In a positive step, Beijing's new action plan for 2025 sets a stricter air quality target, exceeding the current national standard.
The high health burden and ongoing air quality challenges create a strong demand for air purifiers in China. This market is expected to remain robust as individuals and households seek solutions to protect themselves from air pollution.
Reasons to subscribe to China air purifier market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of China air purifier market databook
-
Our clientele includes a mix of air purifier market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the China air purifier market , including forecasts for subscribers. This country databook contains high-level insights into China air purifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China air purifier market size, by technology, 2018-2030 (US$M)
China Air Purifier Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
