Singapore Air Purifier Market Size & Outlook, 2023-2030
Singapore air purifier market, 2018-2030 (US$M)
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Singapore air purifier market highlights
- The Singapore air purifier market generated a revenue of USD 112.1 million in 2023 and is expected to reach USD 221.9 million by 2030.
- The Singapore market is expected to grow at a CAGR of 10.3% 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 112.1 million |
| Market revenue in 2030 | USD 221.9 million |
| Growth rate | 10.3% (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, Singapore accounted for 0.7% 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.
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Air Purifier Market Scope
Air Purifier Market Companies
| Name | Profile | # Employees | HQ | Website |
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Singapore 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 41.3% in 2023. Horizon Databook has segmented the Singapore 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.
Air quality remains a major problem in the country. Rising air pollution causes acute and chronic diseases including heart diseases, lung cancer, and acute respiratory infections, which pose serious health risks to the population.
Growing health awareness, along with high disposable income among the population, is projected to drive the demand for air purifiers in the country over the forecast period.
Singapore has seasonal exposure to transboundary haze, which is caused due to forest fires in its neighboring countries. During periods of haze exposure, the amount of particulate matter and aerosolized pollutants increases in the atmosphere, which can cause severe respiratory illnesses.
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Our clientele includes a mix of air purifier market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Singapore air purifier market , including forecasts for subscribers. This country databook contains high-level insights into Singapore air purifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Singapore air purifier market size, by technology, 2018-2030 (US$M)
Singapore Air Purifier Market Outlook Share, 2023 & 2030 (US$M)
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