Market revenue in 2023 | USD 182.3 million |
Market revenue in 2030 | USD 343.2 million |
Growth rate | 9.5% (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 |
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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 41.25% in 2023. Horizon Databook has segmented the Malaysia 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 air purifier market in Malaysia has witnessed significant growth in recent years, driven by various factors. Malaysia's rapid urbanization and industrialization have led to increased concerns about air pollution, both outdoor and indoor, prompting individuals and businesses to seek solutions to improve air quality.
The country's tropical climate also contributes to high humidity levels, which can exacerbate indoor air quality issues such as mold and mildew, further driving the demand for air purifiers. Air quality in the country has worsened owing to increasing urbanization and the seasonal haze in the country.
The major factors causing haze pollution include slash-and-burn activities in forests and peat soil fires. Rising air pollution and haze were the cause of numerous respiratory disorders in the country. The growing health awareness among consumers has augmented the penetration of air purifiers in the country.
Horizon Databook provides a detailed overview of country-level data and insights on the Malaysia air purifier market , including forecasts for subscribers. This country databook contains high-level insights into Malaysia air purifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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