South Korea Uv Air Purifier Market Size & Outlook
South Korea uv air purifier market, 2018-2030 (US$M)
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South Korea uv air purifier market highlights
- The South Korea uv air purifier market generated a revenue of USD 137.9 million in 2023 and is expected to reach USD 331.7 million by 2030.
- The South Korea market is expected to grow at a CAGR of 13.4% from 2024 to 2030.
- In terms of segment, 71w - 100w was the largest revenue generating power in 2023.
- Less than 70W is the most lucrative power segment registering the fastest growth during the forecast period.
Uv air purifier market data book summary
| Market revenue in 2023 | USD 137.9 million |
| Market revenue in 2030 | USD 331.7 million |
| Growth rate | 13.4% (CAGR from 2023 to 2030) |
| Largest segment | 71w - 100w |
| Fastest growing segment | Less than 70W |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Less than 70W, 71W - 100W, 101W - 140W, More than 141W |
| Key market players worldwide | Honeywell International Inc, Resideo Technologies Inc, HoMedics, Eureka Forbes, Air Oasis, Vesync Co Ltd, Guardian Technologies LLC, Airpura, Midtherm Flue Systems, Toshiba Corporation, Daikin Industries Ltd |
Other key industry trends
- In terms of revenue, South Korea accounted for 7.8% of the global uv 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 uv air purifier market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 83.6 million by 2030.
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UV Air Purifier Market Scope
UV Air Purifier Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Korea uv 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 uv air purifier market will help companies and investors design strategic landscapes.
71w - 100w was the largest segment with a revenue share of 39.09% in 2023. Horizon Databook has segmented the South Korea uv air purifier market based on less than 70w, 71w - 100w, 101w - 140w, more than 141w covering the revenue growth of each sub-segment from 2018 to 2030.
The surge in urbanization within South Korea has significantly impacted the demand for UV air purifiers. With the expansion of the urban sector, air pollution is increasing in the country. UV air purifiers, known for their effectiveness in eliminating microorganisms and purifying the air of pollutants, offer a solution to the deteriorating air quality faced by urban residents.
Consequently, the heightened awareness pertaining to the supply of quality indoor air is driving the demand for UV air purifiers in South Korea. Moreover, South Korea observed a rise in the expansion of educational facilities. UV air purifiers are used in educational facilities to maintain the air quality.
In November 2023, OMA announced to expand a courtyard and cluster of buildings for a new campus for Hongik University in Seoul, South Korea. It includes a cluster of low-rise buildings interconnected by a network of public spaces. Such planned expansion of educational institutions is likely to drive the demand for UV purifiers in the country.
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Horizon Databook provides a detailed overview of country-level data and insights on the South Korea uv air purifier market , including forecasts for subscribers. This country databook contains high-level insights into South Korea uv air purifier market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Korea uv air purifier market size, by power, 2018-2030 (US$M)
South Korea UV Air Purifier Market Outlook Share, 2023 & 2030 (US$M)
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