Market revenue in 2023 | USD 4,579.5 million |
Market revenue in 2030 | USD 6,927.8 million |
Growth rate | 6.1% (CAGR from 2023 to 2030) |
Largest segment | High efficiency particulate air (hepa) |
Fastest growing segment | Activated Carbon |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
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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 41.81% in 2023. Horizon Databook has segmented the Europe 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.
The European air purifier market is positioned for significant growth due to the critical need for improved air quality. Recent EEA estimates reveal a staggering human toll from air pollution: in 2021 alone, at least 253,000 deaths in the EU were linked to fine particulate matter (PM2.5), 52,000 to nitrogen dioxide, and 22,000 to short-term ozone exposure.
These figures, coupled with the substantial public health costs associated with air pollution, underscore the urgency for Europeans to seek solutions like air purifiers. This demand is driving the expansion of the air purifier market as individuals take steps to protect their health and well-being.
Europe is one of the most polluted regions across the globe on account of rising industrialization, urbanization, and number of automobiles. The European Union initiated stringent rules to reduce the percentage of air pollutants such as sulfur oxide, nitrogen oxide, volatile organic compounds, and ammonia.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe air purifier market , including forecasts for subscribers. This continent databook contains high-level insights into Europe air purifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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