Global Air Purifiers Market Size 2024, Forecast To 2033

The air purifiers market size has experienced rapid growth in recent years, increasing from $2.02 billion in 2023 to $2.29 billion in 2024 at a compound annual growth rate (CAGR) of 13.1%. This growth in the historic period can be attributed to the rise in air pollution levels, heightened health awareness, technological advances, increased prevalence of respiratory diseases, a growing geriatric population, and economic growth in emerging markets. Moving forward, the air purifiers market is expected to continue its upward trajectory, reaching $3.94 billion in 2028 at a CAGR of 14.5%. Factors driving this anticipated growth include a higher incidence of allergies, rising health consciousness, changing climate conditions, the increasing prevalence of obstructive sleep apnea, the lasting impact of the coronavirus, and growing urbanization. Noteworthy trends for the forecast period involve the development of smart air purifiers to align with changing consumer preferences, a focus on energy-efficient, multi-functional, portable, and wearable air purifiers, along with an increased emphasis on mergers and acquisitions as growth strategies to expand the customer base, all contributing to the industry's evolution.