Asia Pacific Air Purification Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Activated Carbon Filtration, HEPA, Ionizer Purifiers, UVGI, and Others) and Application (Commercial, Residential, and Industrial)

Asia Pacific Air Purification Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Product Type (Activated Carbon Filtration, HEPA, Ionizer Purifiers, UVGI, and Others) and Application (Commercial, Residential, and Industrial)

The air purification market in Asia Pacific is expected to grow from US$ 10,200.00 million in 2022 to US$ 31,221.83 million by 2028. It is estimated to grow at a CAGR of 20.5% from 2022 to 2028.
Increasing Urbanization and Industrialization Propelling Market Growth
The increase in urbanization would necessarily augment the need for air filter products in residential and commercial applications at a large scale, which would help drive the market. Countries in developing economies are most predominantly experiencing the rise in urbanization at a faster pace. The rise in population is also aiding the people in urbanizing, helping the market grow. The growing income and spending capacity of people in developing economies and increasing demand in various end-use sectors, such as automotive, healthcare & medical, building & construction, manufacturing, and energy & utilities, are the major factors driving the growth of the air purification market. The rise in urbanization includes the expansion of schools, colleges, hospitals, commercial complexes, residential houses, and other factors, wherein the need for clean air emerges, which helps drive the market. The increase in urbanization led to enormous indoor and outdoor air pollution, further accelerating the demand for air purifiers. Growth prospects in industrial activities are primarily attributed to the improving economic conditions of developing countries, formulation of new business practices, and supportive government policies, which encourage new investment in businesses and technologies. The rise in industrial operations would increase emissions in the environment and the working environment. Thus, strict regulations pertaining to industrial emissions and concern about occupational health and safety of the workers have led the industrial and commercial sectors to prioritize the need for air purification products at the operating and manufacturing facilities. According to trading economics data, industrial production in India increased by 12.3% year-on-year in June of 2022, following a 19.6% jump from the previous month. Industrial output increased in all sectors: Manufacturing from 12.5% in June 2021 to 20.6% in 2022 and mining from 7.5% to 10.9%. Thus, such growth prospects in the industrial sector are fueling the need for air purification for the health and safety of workers. Urbanization and industrialization lead to the increased usage of fossil fuels for running various types of automobiles and industries in developing countries. Rapid automobile usage in major cities causes air pollution and directly impacts public health, creating an alarming situation for using air purifiers in industries on a large scale. Accelerated urbanization, growth in infrastructural activities, and increasing industrialization have increased the rate of air pollution in the environment, which has increased the need for air purification systems Asia Pacific.

Market Overview

China, India, South Korea, Japan, and Australia are among the key economies in Asia Pacific. Asia Pacific dominated the market in 2021. This is driven by multiple factors, including rapid urbanization, industrialization, and a growing population with high disposable income. Moreover, rising smog and air pollution, especially in countries such as India and China, are expected to increase the adoption of air purification, which will complement the growth of the regional market. Rising urbanization, political action, and increased industrialization are some of the factors that have impacted the ecological balance in South Korea and worsened air quality. Increasing awareness of health hazards and illnesses caused by exposure to harmful particles at work and home is expected to impact the country's market growth positively. China is expected to dominate the Asia-Pacific air purification market during the forecast period.
Asia Pacific Air Purification Market Revenue and Forecast to 2028 (US$ Million)

Asia Pacific Air Purification Market Segmentation

The Asia Pacific 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 China, Japan, India, Australia, South Korea, and Rest of Asia Pacific. The China 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; and IQAir are the leading companies operating in the air purification market in the region.

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