Europe Air Purification Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2028

Analysis – By Product Type (Activated Carbon Filtration, HEPA, Ionizer Purifiers, UVGI, and Others) and Application (Commercial, Residential, and Industrial)


No. of Pages: 144    |    Report Code: BMIRE00027210    |    Category: Manufacturing and Construction

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Europe Air Purification Market
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The air purification market in Europe is expected to grow from US$ 5,057.14 million in 2022 to US$ 14,144.86 million by 2028. It is estimated to grow at a CAGR of 18.7% from 2022 to 2028.

 

Growth Opportunities in Developing Countries 

 

The demand for air purification products comes from emerging countries wherein investment prospects and the increase in the adoption of air purifiers give a positive outlook for the market. The emerging countries are ongoing rapid urbanization and industrialization, along with a growing population with increased disposable income, creating a potential opportunity for air purification products. The FDI Equity inflow in Manufacturing Sectors increased 76% in FY 2021-22 to US$ 21.34 billion compared to FY 2020-21 to US$ 12.09 billion. Thus, such growth prospects in the manufacturing sector are bringing the need for a healthy and safe working environment for the workers, further accelerating the air purification market over the forecast period. Thus, such growth prospects in 2021 are further anticipated to bring more lucrative opportunities for air purification manufacturers during the forecast period.

 

Market Overview

 

Germany, France, the UK, and Italy are among the major economies in Europe. In Europe, the high prevalence of many respiratory diseases due to poor air quality increased the demand for air purification. In this context, an increasing degree of industrialization leading to increased emission of air pollutants is also boosting the market growth. Additionally, increasing vehicle ownership and increased adoption of air pollution control devices, including air purification to mitigate the harmful effects of toxic vehicle exhaust emissions, further boost the regional market. Apart from that, a significant increase in construction activity and growing awareness of the deterioration of indoor air quality due to synthetic building materials will act as further growth-enhancing factors. In addition, wide availability of different air purification. Multi-purpose, smart, and compact air purification, market growth in Europe is positive. In addition, the increasing integration of air purification with various advanced technologies such as IoT, Wi-Fi, and Bluetooth, with automatic operation and increased efficiency, continues to increase the demand for products in the region. The market growth is mainly due to the growing demand for energy efficient and high-performance air purification across the Germany.

 

Europe Air Purification Market Revenue and Forecast to 2028 (US$ Million)

Europe Air Purification Market Revenue and Forecast to 2028 (US$ Million)
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Europe Air Purification Strategic Insights

Strategic insights for the Europe Air Purification provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Europe Air Purification Report Scope

Report Attribute Details
Market size in 2022 US$ 5,057.14 Million
Market Size by 2028 US$ 14,144.86 Million
Global CAGR (2022 - 2028) 18.7%
Historical Data 2020-2021
Forecast period 2023-2028
Segments Covered By Product Type
  • Activated Carbon Filtration
  • HEPA
  • Ionizer Purifiers
  • UVGI
By Application
  • Commercial
  • Residential
  • Industrial
Regions and Countries Covered Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Market leaders and key company profiles
  • Whirlpool Corporation
  • Camfil
  • DAIKIN INDUSTRIES, Ltd.
  • Honeywell International Inc.
  • Koninklijke Philips N. V
  • LG Electronics
  • Panasonic Corporation
  • Unilever PLC
  • ActivePure Technologies, LLC.
  • IQAir
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    Europe Air Purification Regional Insights

    The geographic scope of the Europe Air Purification refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Europe Air Purification Market Segmentation

     

    The Europe air purification market is segmented into product, application, and country. Based on product, the market is segmented into activated carbon filtration, HEPA, ionizer purifiers, UVGI, and others. The HEPA segment held the largest market share in 2022.

    • Based on application, the market is segmented into commercial, residential, and industrial. The commercial segment held the largest market share in 2022. 
    • Based on country, the market is segmented into Germany, UK, France, Italy, Russia, and Rest of Europe. The Germany dominated the market share in 2022.

    Whirlpool Corporation; Camfil; DAIKIN INDUSTRIES, Ltd.; Honeywell International Inc.; Koninklijke Philips N. V; LG Electronics; Panasonic Corporation; Unilever PLC; ActivePure Technologies, LLC.; and IQAir are the leading companies operating in the air purification market in the region.

    The List of Companies - Europe Air Purification Market

    1. Whirlpool Corporation
    2. Camfil
    3. DAIKIN INDUSTRIES, Ltd.
    4. Honeywell International Inc.
    5. Koninklijke Philips N. V
    6. LG Electronics
    7. Panasonic Corporation
    8. Unilever PLC
    9. ActivePure Technologies, LLC.
    10. IQAir
    Frequently Asked Questions
    How big is the Europe Air Purification Market?

    The Europe Air Purification Market is valued at US$ 5,057.14 Million in 2022, it is projected to reach US$ 14,144.86 Million by 2028.

    What is the CAGR for Europe Air Purification Market by (2022 - 2028)?

    As per our report Europe Air Purification Market, the market size is valued at US$ 5,057.14 Million in 2022, projecting it to reach US$ 14,144.86 Million by 2028. This translates to a CAGR of approximately 18.7% during the forecast period.

    What segments are covered in this report?

    The Europe Air Purification Market report typically cover these key segments-

    • Product Type (Activated Carbon Filtration, HEPA, Ionizer Purifiers, UVGI)
    • Application (Commercial, Residential, Industrial)

    What is the historic period, base year, and forecast period taken for Europe Air Purification Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Air Purification Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2028
  • Who are the major players in Europe Air Purification Market?

    The Europe Air Purification Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Whirlpool Corporation
  • Camfil
  • DAIKIN INDUSTRIES, Ltd.
  • Honeywell International Inc.
  • Koninklijke Philips N. V
  • LG Electronics
  • Panasonic Corporation
  • Unilever PLC
  • ActivePure Technologies, LLC.
  • IQAir
  • Who should buy this report?

    The Europe Air Purification Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Air Purification Market value chain can benefit from the information contained in a comprehensive market report.