Latin America Air Purifier Market Size & Outlook
Latin America air purifier market, 2018-2030 (US$M)
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Latin America air purifier market highlights
- The Latin America air purifier market generated a revenue of USD 872.8 million in 2023.
- The market is expected to grow at a CAGR of 5.4% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 872.8 million |
| Market revenue in 2030 | USD 1,262.6 million |
| Growth rate | 5.4% (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 |
Other key industry trends
- In terms of revenue, Latin America region accounted for 5.5% of the global air purifier market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,526.5 million by 2030.
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Air Purifier Market Scope
Air Purifier Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America 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 41.33% in 2023. Horizon Databook has segmented the Latin America 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 Central and South American market witnessed robust growth for residential air purifiers over the forecast period. The market offers tremendous potential and opportunities owing to the high growth in developing economies including Brazil and Argentina.
Increasing urbanization, industrialization, and a growing awareness of the importance of indoor air quality are among the primary drivers of market expansion in the region.
As cities expand and populations grow, concerns about pollution, allergens, and airborne contaminants have spurred demand for air purifiers in residential, commercial, and industrial settings across Central and South America.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America air purifier market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America air purifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America air purifier market size, by country, 2018-2030 (US$M)
Latin America Air Purifier Market Outlook Share, 2023 & 2030 (US$M)
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