Latin America Air Purifier Market to Witness 6.20% CAGR Growth Between 2024 and 2030

2023: Panasonic Corporation launched a portable air purifier that helps in reducing odors and diminishing the harmful bacteria present in the air.

According to MarkNtel Advisors study, The Latin America Air Purifier Market size was valued at around USD 1.60 billion in 2023 and is expected to exhibit a growth rate (CAGR) of around 6.20% during the forecast period, i.e., 2024-2030.

Post-pandemic, there have been rising occurrences of non-communicable diseases (NCDs) due to a lack of physical activity levels and changing dietary habits. Due to this, there is an immediate requirement for hospitals to provide preventive care & offer treatment options for complex medical conditions. Hence, to strengthen healthcare systems and meet growing healthcare demands, the official authorities of Latin American countries are allocating substantial funds. The private & public authorities are building new healthcare buildings across the region. These healthcare buildings are more susceptible to airborne infections and Hospital-Acquired Infections (HAIs). As a result, there is a need for air purifiers with high-efficiency particulate air (HEPA) filters. Thus, the development of new healthcare units would pose a prospect for the key market players to offer their air purifiers at hospitals, clinics & nursing homes, amplifying the Latin American Air Purifier Industry during the forecast period.

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Key Findings in Latin America Air Purifier Market:

Latin America Air Purifier Market Key Players:

Bissell, Inc., Whirlpool Corporation, Camfil, DAIKIN INDUSTRIES, Ltd., Huawei Technologies Co. Ltd, Honeywell International Inc., Koninklijke Philips N.V., Philco Electronics, LG Electronics Inc., Thermomatic do Brasil Ltd., Panasonic Corporation, IQAir, Others

Market Segmentation Overview:

By Type

-Standalone Air Purifiers

–Fixed/Wall-mounted

–Portable

-In-duct Air Purifiers

By Filter Type

-High-Frequency Particulate Air (HEPA) filters

-Prefilter + HEPA

-Prefilter + HEPA + Activated Carbon

-HEPA + Activated Carbon + Ionic filters

-Prefilter + HEPA + Electrostatic Precipitators

-Others

By Sales Channel

-Online Sales

–Company/Brand Websites

–E-commerce Websites

-Offline Sales

–Hypermarkets/Supermarkets

–Specialty Stores

Of them, the offline sales channel holds a significant market share in the Latin America Air Purifier Market. Offline sales channels, including specialty appliance stores & home improvement centers, provide consumers with the opportunity for personalized consultation and expert advice. As a result, consumers purchase air purifiers from these stores after discussing filtration technologies, room size considerations, maintenance requirements, and optimal placement strategies with the salesperson. In addition, offline retail stores enable consumers to experience air purifiers firsthand through product demonstrations and hands-on testing. This tactile experience allows end users to assess the quality, noise levels, air purification performance, user interface, and additional features of different models, enhancing their confidence in the product and its capabilities. Therefore, consumers primarily purchase air purifiers via offline sales channels, boosting the market share of offline channels in the Latin America Air Purifier Market.

By End Users

-Commercial

-Residential

-Industrial

-Institutional

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By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

The Latin America Air Purifier Industry Recent Development:

2024: Daikin Industries introduces a UV-LED air purifier that helps kill around 99.99% of pathogens.

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