South Korea Air Purifier Market Size & Outlook, 2023-2030
South Korea air purifier market, 2018-2030 (US$M)
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South Korea air purifier market highlights
- The South Korea air purifier market generated a revenue of USD 1,410.1 million in 2023 and is expected to reach USD 2,540.8 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.8% 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 1,410.1 million |
| Market revenue in 2030 | USD 2,540.8 million |
| Growth rate | 8.8% (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, South Korea accounted for 8.8% 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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South Korea 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 40.14% in 2023. Horizon Databook has segmented the South Korea 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 Ministry of Environment in South Korea monitors and regulates emissions of air pollutants under the Clean Air Conservation Act.
The country presents significant opportunities in air pollution control technology markets. The demand for consumer air purifiers with high-efficiency particulate air (HEPA) filters of H13 or above is high in South Korea.
Growing urbanization, political policies, and increasing industrialization are some of the factors that have affected the ecological balance and deteriorated the quality of air in the country. Rising awareness regarding health hazards and diseases caused by exposure to harmful particulates at workplaces or homes is anticipated to have a positive impact on the air purifier market in South Korea over the forecast period.
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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 South Korea air purifier market , including forecasts for subscribers. This country databook contains high-level insights into South Korea air purifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea air purifier market size, by technology, 2018-2030 (US$M)
South Korea Air Purifier Market Outlook Share, 2023 & 2030 (US$M)
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