Wearable Air Purifier Market - Forecast (2024 - 2030)

Wearable Air Purifier Market Overview:

Wearable Air Purifier Market size is estimated to reach US$1.8 billion by 2030, growing at a CAGR of 11.2% during the forecast period 2023-2030. The increasing concern about air quality, the need for personal protection, and growing demand for on-the-go solutions, especially in public transport and outdoor work settings, is driving the demand for Wearable Air Purifier from the end users. This trend is expected to boost the growth of the Wearable Air Purifier Market during the forecast period.

Furthermore, the market benefits from a variety of air purification mechanisms that cater to diverse user preferences and health-related considerations. These combined factors are expected to propel the Wearable Air Purifier industry outlook during the forecast period.

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COVID-19 / Ukraine Crisis - Impact Analysis:??

● The COVID-19 pandemic drove up sales of air purifiers due to increased focus on health and air quality. Air purifiers serve an important function that filter the air and reduce airborne contaminants, including particles containing viruses. The need for personal air purifiers during the pandemic boosted the wearable air purifiers market.?

● The Russia-Ukraine war might impact the prices of electronic components, as Ukraine is a significant global supplier of various critical components. The disruption in the supply chain and potential price increases for these electronic components could further drive up the production costs of wearable air purifiers, which might, in turn, affect their pricing and availability in the market.

Key Takeaways:

●?Fastest Growth of Asia-Pacific Region

Geographically, in the Wearable Air Purifier market share, Asia-Pacific is analyzed to grow with the highest CAGR of 12.8% during the forecast period 2023-2030. The rise in chronic respiratory conditions, poor air quality and the growing need for personal devices are the factors behind the market growth in the region. According to the Annual World Air Quality Report released in March 2023 by Swiss air quality technology company, IQAir, is based on PM2.5 data from 7,323 cities and 131 countries. PM 2.5 particles are small enough to penetrate deep into the lungs and even enter the bloodstream, and long-term exposure to PM 2.5 can lead to lung cancer, heart disease, stroke, and other chronic health conditions. According to the report, Pakistan ranked third, Bangladesh ranked sixth and India ranked eighth among the top 10 most polluted countries in 2022. Lahore (Pakistan) is the most polluted city in the world, followed by Hotan in China, and Bhiwadi in India. With several Asian countries ranking among the most polluted in 2022, there is a burgeoning need for personal air purification devices in this region.?

● Mask Segment to Register the Fastest Growth

In the Wearable Air Purifier Market analysis, the mask segment is estimated to grow the fastest during the forecast period. Mask type wearable air purifiers provide the dual benefit of air purification and respiratory protection, which became especially relevant during the COVID-19 pandemic. LG Electronics released LG PuriCare Wearable Air Purifier in November 2020, in Hong Kong and Taiwan. The design of the mask aligns with existing practices of wearing face masks in many Asian countries due to air pollution concerns. Face masks are already popular in heavily polluted cities like Shanghai and Beijing. According to a report by the Centre for Research on Energy and Clean Air (CREA), air pollution has caused an estimated 49,000 deaths and US$23 billion in economic losses in the cities of Beijing and Shanghai alone since January 2020. The rapid growth of mask-type wearable air purifiers underscores their pivotal role in addressing both air pollution and respiratory protection in high-risk urban environments.

●?Filter based Wearable Air Purifiers is the Largest Segment in the Market

According to the Wearable Air Purifier Market forecast, the filter based wearable air purifiers segment is estimated to register the largest market share during the forecast period. Filter-based wearable air purifiers utilize high-efficiency particulate air (HEPA) filters to tackle airborne particles, making them a popular choice for individuals seeking personal protection from pollutants and viruses. Despite their compact size, a 2021 study showed that they can be effective in eliminating airborne particles. In the ongoing effort to combat viruses and pollutants, these filter-based wearables play a vital role, especially when combined with other essential precautions like proper ventilation and rigorous surface disinfection. The prominence of filter-based wearable air purifiers underscores their contribution to enhancing personal air quality which boosts the wearable air purifier market.?

● Increasing Concern over Air Quality

Air pollution is the single largest environmental health risk and a major cause of premature death and disease. Latest estimates by the European Environment Agency (EEA) show that fine particulate matter (PM2.5) continues to cause the most substantial health impacts. The World Health Organization (WHO) provides evidence of links between exposure to air pollution and type 2 diabetes, obesity, systemic inflammation, Alzheimer’s disease and dementia. The International Agency for Research on Cancer has classified air pollution, in particular PM2.5, as a leading cause of cancer. air quality is further exacerbated by events such as wildfires, smog, and pollution from sources like fireworks. For instance, on 8 June, 2023, Toronto and Montreal ranked as third and fourth in the world for worst air quality due to Canada wildfires. Toronto had an AQI of 155 and Montreal had an AQI of 153. The US experienced its worst toxic air pollution from wildfire smoke, New York City had an AQI of around 195, which is more than five times above the national air quality standard. Thus, the increasing concern over air quality acts as a driver for the growth of the Wearable Air Purifier Market during the forecast period.

● Rising Demand for on-the-go Solutions

The rising demand for on-the-go solutions, notably in the realm of public transportation and outdoor work environments, is fueling the rapid growth of the Wearable Air Purifier market. In a study, spending 15 daily minutes on a subway platform raised the 24-hour mean PM2.5 exposure from 7.7 μg/m3 to 26.1 μg/m3. PM2.5 levels above WHO's 15 μg/m3 guideline which heighten the risks of heart disease, stroke, COPD, diabetes, lung cancer, and other health issues for commuters and transit workers. Wearable air purifiers address the need for personal protection against airborne pollutants and viruses, offering a practical and proactive solution for individuals on the move. Whether it's daily commuters navigating crowded public transport or outdoor workers exposed to diverse environmental factors, the allure of these compact air purifiers lies in their ability to deliver cleaner air and peace of mind wherever one goes. Thus, the rising demand for on-the-go solutions drives the Wearable Air Purifier Market.

●?Negative Effects of Ionizer based Wearable Air Purifiers to Impede to Market Growth

Wearable air purifiers employing ionization technology face a challenge associated with concerns about negative effects. While ionizers can effectively remove particulate matter from the air, they also release negative ions that can interact with gases, potentially leading to ozone production. This poses health concerns, as ozone is recognized as an air pollutant. According to the US Environmental Protection Agency (EPA), ground-level ozone pollution is one of the most dangerous and widespread pollutants in the US. It can trigger a variety of health problems, such as respiratory inflammation, asthma attacks, eye irritation, and reduced lung function. Such challenges can hinder the growth of the wearable air purifiers market.?

Wearable Air Purifier Market Share (%) By Region, 2022

?Key Market Players:?

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Wearable Air Purifier Market. The top 10 companies in this industry are listed below:

1. LG Electronics

2. Philiips

3. Airinum

4. Xiaomi Corp

5. Wein AS

6. Kaltech

7. Aviche

8. Ao Air

9. Airtamer

10. AtmoBlue

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