Singapore Air Purifier Market Insights Forecasts to 2033

• The Singapore Air Purifier Market Size was valued at USD 183.6 Million in 2023.
• The Market is growing at a CAGR of 6.23% from 2023 to 2033
• The Singapore Air Purifier Market Size is expected to reach USD 336.1 Million by 2033

The Singapore Air Purifier Market is anticipated to exceed USD 336.1 Million by 2033, growing at a CAGR of 6.23% from 2023 to 2033. The increasing number of airborne diseases, awareness about the importance of indoor air quality, and health consciousness are driving the growth of the air purifier market in Singapore.     

Market Overview

Air purifier, also known as an air filtration system, is a device used to filter indoor air. These devices improve indoor air quality by removing contaminants and pollutants. The growing levels of air pollution are becoming a serious problem in crowded places like Bukit Timah, Geylang, and Kallang owing to the negative effects on the environment, human health, and agriculture crop production, thereby surging the market demand for air purifier. The adoption of air conditioners with integrated air purification technologies creating cleaner and healthier breathing environments, especially beneficial to allergy and asthma sufferers is driving the market growth. Further, technological advancements in air purifiers such as electrostatic precipitators (ESPs), UVGI air purification technology, molecular industrial sir purification technology, HEPA & ULPA filtration technology in industrial sector are offering workers safe and healthy air.

Report Coverage

This research report categorizes the market for the Singapore air purifier market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Singapore air purifier market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Singapore air purifier market.

Driving Factors

The increasing number of airborne diseases including viral and infectious diseases especially in high-income regions are responsible for driving the market demand for air purifier. Singapore’s Ministry for Sustainability and the Environment officially launched the “Industry Guidelines for Indoor Air Quality” to escalate public awareness about the importance of good indoor air quality. Thus, the emphasis on awareness in the community for reducing poor health associated with indoor air pollutants is driving the market. Further, the increasing health consciousness and demand for improving the standard of living are responsible for driving the market demand for air purifier.  

Restraining Factors

The high installation and maintenance cost of air purifier is challenging the Singapore air purifier market.

Market Segmentation

The Singapore Air Purifier Market share is classified into filtration technology, type, and end user.

• The high-efficiency particulate air (HEPA) segment dominates the market with the largest market share during the forecast period.

The Singapore air purifier market is segmented by filtration technology into high-efficiency particulate air (HEPA), ionic filters, electrostatic precipitator, and others. Among these, the high-efficiency particulate air (HEPA) segment dominates the market with the largest market share during the forecast period. HEPA purifiers have a multi-layered filter system that traps particles like dust, pollen, pet dander, mold spores, and even some bacteria and viruses. The increasing focus on clean air for health and well-being by scientists and professionals is driving the market.

• The stand-alone segment dominated the Singapore air purifier market during the forecast period.       

Based on the type, the Singapore air purifier market is divided into stand-alone and in-duct. Among these, the stand-alone segment dominated the Singapore air purifier market during the forecast period. Stand-alone air purifiers are independent units that can be moved around easily and placed in any room. The increasing application of standalone purifiers in the commercial sector including workplaces, restaurants, and hospitals is propelling the market growth.

• The commercial segment dominated the Singapore air purifier market in 2023.

The Singapore air purifier market is segmented by end user into residential, commercial, and industrial. Among these, the commercial segment dominated the Singapore air purifier market in 2023. Air purifiers are used indoors in homes, offices, schools, hospitals, and commercial facilities. They are particularly useful in reducing exposure to irritants and allergens that could exacerbate symptoms for people who have respiratory illnesses or allergies. The increasing awareness about the effect of indoor air quality on health and well-being is responsible for driving the market demand.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Singapore air purifier market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Daikin Industries Ltd
• LG Electronics Inc.
• Sharp Corporation
• Dyson Ltd
• Panasonic Corporation
• Koninklijke Philips NV
• Samsung Electronics Co. Ltd
• Amway (Malaysia) Holdings Berhad
• IQAir
• WINIX Inc.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In May 2023, LG Electronics Singapore announced the launch of their latest unique innovation  the LG PuriCare AeroFurniture. The LG PuriCare AeroFurniture provides a sophisticated and effective solution for modern living. Featuring a chic design, it combines both style and functionality to bring fresh, clean air to users with its advanced air purification technology.

Market Segment

This study forecasts revenue at Singapore, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Singapore Air Purifier Market based on the below-mentioned segments:

Singapore Air Purifier Market, By Filtration Technology

• High-efficiency Particulate Air (HEPA)
• Ionic Filters
• Electrostatic Precipitator
• Others

Singapore Air Purifier Market, By Type

• Stand-alone
• In-duct

Singapore Air Purifier Market, By End User

• Residential
• Commercial
• Industrial