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.
Key Findings of the Study: Latin America Air Purifier Market
Latin America Air Purifier Market Opportunity: Expansion of Healthcare Facilities to Open New Doors
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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Scope of the Report and Latin America Air Purifier Market Segmentation
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
- Among them, High-Efficiency Particulate Air (HEPA) filters hold a dominant market share in the Latin America Air Purifier Market.
By Sales Channel
-Online Sales
–Company/Brand Websites
–E-commerce Websites
-Offline Sales
–Hypermarkets/Supermarkets
–Specialty Stores
By End Users
-Commercial
-Residential
-Industrial
-Institutional
Top leading companies in the Latin America Air Purifier Market includes:
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
Latin America Air Purifier Market Development
- 2024: Daikin Industries introduces a UV-LED air purifier that helps kill around 99.99% of pathogens.
- 2023: Panasonic Corporation launched a portable air purifier that helps in reducing odors and diminishing the harmful bacteria present in the air.
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Geographical analysis:
Brazil
Argentina
Mexico
Chile
Peru
Rest of Latin America
- Geographically, Brazil holds the dominant market share in the Latin America Air Purifier Market due to growing air quality concerns and rising environmental policies and regulations.
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