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The Air Purifier Market is projected to grow by USD 7.18 billion from 2024-2028, driven by technological innovation and portfolio expansion leading to product premiumization, including AI impact–Technavio report

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NEW YORK, Aug. 27, 2024 /PRNewswire/ — Report on how AI is redefining market landscape- The global air purifier market size is estimated to grow by USD 7.18 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.57% during the forecast period. Technological innovation and portfolio extension leading to product premiumization is driving market growth, with a trend towards introduction of smart, connected air purifiers. However, presence of counterfeit products poses a challenge. Key market players include 3M Co., AllerAir Industries Inc., Americair Corp., AustinAir, Blue Star Ltd., Breville Group Ltd., Camfil AB, Daikin Industries Ltd., Dyson Group Co., Eureka Forbes Ltd., Hamilton Beach Brands Holding Co., Havells India Ltd., Honeywell International Inc., IQAir AG, Koninklijke Philips N.V., LG Electronics Inc., MIDEA Group Co. Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., and Whirlpool Corp..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Air Purifier Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 8.57%

Market growth 2024-2028

USD 7184.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.32

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 36%

Key countries

US, China, Japan, Germany, and Canada

Key companies profiled

3M Co., AllerAir Industries Inc., Americair Corp., AustinAir, Blue Star Ltd., Breville Group Ltd., Camfil AB, Daikin Industries Ltd., Dyson Group Co., Eureka Forbes Ltd., Hamilton Beach Brands Holding Co., Havells India Ltd., Honeywell International Inc., IQAir AG, Koninklijke Philips N.V., LG Electronics Inc., MIDEA Group Co. Ltd., Panasonic Holdings Corp., Samsung Electronics Co. Ltd., and Whirlpool Corp.

Market Driver

The air purifier market is witnessing significant growth due to increasing demand for advanced and innovative air purifying solutions. Vendors are capitalizing on this trend by introducing smart air purifiers, which offer user-friendly features, energy savings, and enhanced safety. These appliances come with Energy Star certification for energy efficiency, hassle-free maintenance, alert systems, and remote control functionality. Smart air purifiers, such as Honeywell’s Air Touch X3 Office Air Purifier, are Wi-Fi enabled and allow users to control the device and monitor air quality remotely. With features like adjustable backlight and easy-to-use controls, these appliances offer a convenient and effective solution for maintaining clean and healthy indoor air. The market for smart air purifiers is expected to grow steadily during the forecast period, as more consumers seek out these advanced and convenient solutions for improving indoor air quality. 

The air purifier market is experiencing significant growth due to increasing health awareness and rising pollution levels in metropolises. Pleated filters, effective against harmful pollutants and airborne germs including viruses and bacteria, are trending. Healthcare facilities and life sciences applications prioritize air filtration protection. Nirvana, Levoit, and Blueair lead the residential market with their robust designs and noise-efficient models. Commercial use sees Blueair’s Blue Pure Max as a top choice. Nylon core filters offer high virus removal capacity. Noise, product safety, and smart home technologies are key considerations. Airborne diseases, pollution levels, and the Clean Air Act drive demand. Workplaces seek substitutes for traditional air filters with HEPA filters using submicron glass fibers capturing particles as small as 0.3 microns. Outdoor air pollution and developing regions are new markets. 

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Market Challenges

The air purifier market is experiencing significant growth and increasing demand, attracting both legitimate and counterfeit product manufacturers. Counterfeit air purifiers, made with low-quality materials and less durability, pose a challenge to market vendors. E-commerce platforms facilitate the distribution and sales of these counterfeit products, making it difficult for customers to distinguish them from genuine ones. Counterfeit products’ relatively low price is a major factor contributing to their demand, negatively impacting vendors’ sales and pricing strategies. To retain customers and protect brand reputation, vendors invest in advertising and promotional campaigns, which can be costly and reduce profit margins. The availability of counterfeit products also affects volume sales, potentially leading to inventory backlogs for international vendors. Counterfeit manufacturers save on production and transportation costs by operating in regional or local markets, making their products less expensive than genuine ones. Established global vendors aim to penetrate developing markets, such as India and China, where counterfeit products are prevalent. The presence of counterfeit products is expected to limit the growth of the global air purifier market during the forecast period. Vendors must focus on educating consumers about the risks and consequences of purchasing counterfeit products while maintaining competitive pricing and product quality.The Air Purifier Market faces challenges in ensuring performance efficacy against various pollutants like smoke, dust, bio-contaminants, pollen, and urban pollutants. Environmental impact is a concern due to the use of activated carbon and charcoal filters, which may release gases and odors. Ionic filters, UV LED, and ionizers raise questions regarding their ability to effectively address all types of pollutants, including airborne viruses. Industrial activities, air pollution, and vehicular emissions contribute significantly to urban air pollution, necessitating air purification solutions. Asthma, allergies, and airborne infections are common health concerns linked to indoor air quality. Differentiating air purifiers based on unique features such as smart technology, coverage area, and air quality sensors is crucial. Misconceptions surrounding air purifiers as luxury items hinder market growth. Mechanical air filters, extended-surface filters, and filters for specific pollutants like mold spores, animal dander, dust mite, and cockroach allergens are essential offerings.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This air purifier market report extensively covers market segmentation by

Application 1.1 Commercial1.2 Residential1.3 IndustrialTechnology 2.1 HEPA2.2 Electrostatic precipitators2.3 Ionizers and ozone generators2.4 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Commercial- The commercial segment dominates the global air purifier market, accounting for the largest share in 2023. Air purifiers are extensively used in various commercial spaces, including schools, malls, offices, hospitals, hotels, theaters, and other establishments. These purifiers, particularly those with activated carbon and HEPA filters, effectively eliminate harmful particles, smoke, and odors, enhancing indoor air quality. In healthcare facilities, air purifiers play a crucial role by eradicating odor-carrying pathogens and allergens, ensuring a clean and healthy environment for staff and patients. The increasing urbanization in developing countries, such as India, fuels the demand for air purifiers. The benefits of air purifiers, such as improved air quality and healthier indoor environments, are driving their adoption in commercial spaces, thereby propelling the growth of the global air purifier market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Air Purifier market has witnessed significant growth due to rising concerns over airborne diseases, increasing pollution levels, and growing health awareness. With the standard of living improving in developing regions, the demand for air purification solutions has surged. Outdoor air pollution, caused by industrial activities, vehicular emissions, and urban air pollution, poses a major health risk. Air purifiers have become essential in mitigating the effects of air pollution, especially in areas with high levels of particles, such as submicron glass fibers, mold spores, animal dander, dust mite, cockroach allergens, and respirable particles. Mechanical air filters, including HEPA filters and pleated filters, effectively trap these pollutants, providing relief from asthma, allergies, airborne infections, and other health issues caused by viruses and bacteria.

Market Research Overview

The air purifier market is witnessing significant growth due to rising concerns over airborne diseases, increasing pollution levels, and growing health awareness. With the standard of living improving in developing regions, there is a heightened focus on indoor air quality. HEPA filters, submicron glass fibers, and other advanced technologies are being used to remove particles, smoke, dust, bio-contaminants, pollen, and gases from the air. Outdoor air pollution, industrial activities, vehicular emissions, and urban air pollution are major contributors to poor air quality. Air filters, including mechanical filters, activated carbon, charcoal, ionizers, UV LED, and HEPA filters, are popular air purification solutions. Smart home technologies, such as air quality sensors and smart air purifiers, are gaining popularity for their performance efficacy and product safety. However, there are misconceptions about the environmental impact of air purifiers and the availability of product substitutes. It is essential to consider the unique features of each air purifier, such as coverage area, noise level, and performance efficacy, when making a purchase. Airborne diseases, including asthma, allergies, and airborne infections, are a significant concern, especially in healthcare facilities and life sciences applications. Air purifiers offer air filtration protection against harmful pollutants, airborne germs, and other urban pollutants. Air purifiers are no longer considered luxury items but are becoming essential for both residential and commercial use. Companies are differentiating themselves by offering unique features, such as extended-surface filters, pleated filters, and virus removal capacity. Brands like Nirvana, Levoit, and Blueair are leading the market with their robust designs and innovative technologies. The Clean Air Act and pollution campaigns have led to stricter regulations on emissions, making it crucial for air purifier manufacturers to prioritize product safety and environmental impact. With the increasing focus on indoor air quality, the air purifier market is expected to continue its growth trajectory.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationCommercialResidentialIndustrialTechnologyHEPAElectrostatic PrecipitatorsIonizers And Ozone GeneratorsOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Technology

Club Offers for Travel Enthusiasts in Canada

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

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SOURCE Travelzoo

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Howard Hughes Holdings Set to Join S&P SmallCap 600

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) will replace Arcosa Inc. (NYSE: ACA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P 500 constituent CRH plc (NYSE: CRH) has acquired Arcosa in a deal that closed today, October 23.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name  

Action

Company Name

Ticker

GICS Sector

October 28, 2026

S&P SmallCap 600

Addition

Howard Hughes Holdings

HHH

Real Estate

October 28, 2026

S&P SmallCap 600

Deletion

Arcosa

ACA

Industrials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

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SOURCE S&P Dow Jones Indices

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

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