The global residential air purifiers market size reached US$ 4.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach a value of US$ 5.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.
What Is A The Residential Air Purifiers?
A residential air purifier refers to an indispensable stand-alone appliance that mitigates numerous contaminating particles, including allergens, pollen, dust, and smoke, to improve the air quality in an indoor environment. They involve single or multiple filters and fans that capture and neutralize unwanted pollutants from the air before their recirculation into the living space. Residential air purifiers reduce the risk of several neurological or respiratory disorders, such as chronic obstructive pulmonary disease (COPD), by eliminating harmful chemicals. Along with this, they are cost-effective and easy to use and are available in portable and in-duct air purifier types.
What Are The Major Market Drivers In A Residential Air Purifiers Market?
The growing prevalence of various airborne and respiratory diseases, on account of the rising pollution levels in urban areas, the ongoing construction activities, and the establishment of smart homes across the globe, is primarily augmenting the residential air purifiers market. Furthermore, the increasing health consciousness among consumers, improving living standards, and the inflating disposable income levels have facilitated the uptake of high-performance air purifiers in residential spaces, which is positively influencing the market growth.
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Apart from this, the elevating demand for the product, owing to the rising environmental concerns and the inflating awareness regarding the detrimental health effects of air pollution, is also bolstering the global market. Moreover, the introduction of high-efficiency particulate air (HEPA)-based air cleaners that can trap and filter airborne contaminants of different particle sizes is further catalyzing the market growth. Besides this, the implementation of the work-from-home (WFH) during the COVID-19 pandemic has augmented the sales of air purifiers to avoid the spread of the virus, which is expected to drive the residential air purifiers market in the coming years.
Who Are The Key Players/Companies In The Global Residential Air Purifiers Market?
AllerAir Industries Inc., Daikin Industries Ltd., Dyson Ltd., Honeywell International Inc., IQAir, Koninklijke Philips N.V., LG Electronics Inc., Panasonic Holdings Corporation, Samsung Electronics Co. Ltd., Sharp Corporation, Unilever plc, Whirlpool Corporation and Xiaomi Inc.
Report Segmentation:
The report has been segmented the market into following categories:
Breakup by Type:
- Stand-alone/Portable
- In-Duct
Breakup by Filtration Technology:
- High-efficiency Particulate Absorbing (HEPA)
- Activated Carbon
- Ionic Filters
- Others
Breakup by Distribution Channel:
- Online
- Offline
By Geography:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
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According to the new market research report “Residential Air Purifiers Market by Technology (High Efficiency Particulate Air (HEPA), Electrostatic Precipitators, Activated Carbon, Ultraviolet), Type (Portable Air Purifiers, In-duct Air Purifiers), COVID-19 Impact – Global Forecast to 2026″, published by MarketsandMarkets™, the residential air purifiers market is expected to reach USD 14.1 billion in 2026 from USD 9.6 billion in 2021, at a CAGR of 8.1%.Browse in-depth TOC on “Residential Air Purifiers Market”95 – Tables42 – Figures189 – PagesDownload PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=101656773The growth of this market is majorly driven by the growing popularity of smart homes, supportive government regulations for effective air pollution monitoring and control, increasing public-private funding for effective air pollution monitoring, rising levels of air pollution worldwide, and increasing public awareness related to the healthcare and environmental implications of air pollution.
Also, the need for an energy-efficient air purifier and R being undertaken to bring innovative products to the market is aiding the market growth.COVID-19 Impact on Residential Air Purifiers MarketThe COVID-19 outbreak has generated major remunerative opportunities for air purifier manufacturers, with high-performance units, comprising HEPA and activated carbon technologies, being highly popular, to minimize the spread of the virus for enclosed spaces.
Premium, high-performance air purifiers are capable of filtering out particles up to 1 micron, and the size of the COVID-19 virus is estimated to be around 1.2 microns.The HEPA technology segment is accounted for the largest share of the residential air purifiers market in 2020Based on technology, the residential air purifiers market is segmented into HEPA filters (high-efficiency particulate arresting or high-efficiency particulate air) and other technologies.
Furthermore, their installation is cost-effective as compared to the in-duct systems.Request for sample pages : https://www.marketsandmarkets.com/requestsampleNew.asp?id=101656773Asia Pacific accounted for the largest share of the residential air purifiers market in 2020Asia Pacific is the largest regional market for residential air purifiers.
The fast adoption of advanced indoor air quality monitoring technologies, ongoing technological advancements in the field of particulate sensors, rising public-private funding and investments, and the presence of supportive government regulations are key factor driving the residential air purifiers market in Asia Pacific.The prominent players in the residential air purifiers market include Daikin Industries, Ltd. (Japan), Sharp Corporation (Japan), Honeywell International Inc. (US), Samsung Electronics Co., Ltd. (South Korea), LG Electronics Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Dyson (UK), Unilever Group (UK), Panasonic Corporation (Japan), Whirlpool Corporation (US), AllerAir Industries Inc. (US), IQAir (Switzerland), Winix Co., Ltd. (South Korea), Xiaomi Corporation (China), Camfil AB (Sweden), Airpura Industries Inc. (Canada), Airgle Corporation (US), Hunter Pure Air (US), Kent RO Systems Ltd. (India), SHIL Limited (India), IDEAL Krug & Priester GMBH & Co. KG (Germany), Havells India Ltd. (India), Molekule (US), Carrier Global (US), and Coway CO., Ltd. (South Korea).Browse Related Reports:Environmental Monitoring Market by Product (Indoor, Outdoor Monitors [Fixed, Portable], Sensors, Wearables), Component (Particulate, Gas, Temperature, Noise), Sampling Method (Continuous, Active), Application (Air, Water, Soil, Noise) – Global Forecast to 2025https://www.marketsandmarkets.com/Market-Reports/environmental-monitoring-market-216846315.htmlParticle Counter Market by Type (Airborne, Liquid), Application (Cleanroom Monitoring, Contamination Monitoring of Liquids, IAQM), End User (Life Sciences & Medical Devices, Semiconductor, Automotive), Region – Global Forecast to 2024https://www.marketsandmarkets.com/Market-Reports/particle-counter-market-221564539.htmlAbout MarketsandMarkets™MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues.
Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients.
According to our findings, the residential air purifiers market is expected to grow at an approximate CAGR of 8-10% during the next two years.
According to our analysis, the below factors are playing a key role in shaping the growth of the global market.The growing awareness among consumers regarding air purification in the wake of COVID-19 is an opportunity for air purifier retailers to scale up their sales.
Some companies are increasing the production of air quality systems with the addition of different technologies such as High-Efficiency Particulate Air (HEPA) filters, photocatalytic purifiers, activated carbon purifiers, and ionic filters.
[131 Pages Report] The residential air purifiers market is projected to reach USD 13.6 billion by 2025 from USD 9.2 billion in 2020, at a CAGR of 8.2% during the forecast period.The growth of this market is majorly driven by the growing popularity of smart homes, supportive government regulations for effective air pollution monitoring and control, increasing public-private funding for effective air pollution monitoring, rising levels of air pollution worldwide, and increasing public awareness related to the healthcare and environmental implications of air pollution.Also, the need for an energy-efficient air purifier and R being undertaken to bring innovative products to the market is aiding the market growth.
However, the high cost of these products and technical limitations associated with air quality monitoring products are expected to restrain the growth of this market during the forecast period.Market DynamicsGrowing popularity of smart homesIncreasing urbanization and indoor air pollutionSupportive government regulations for effective air pollution monitoring and controlIncreasing public awareness pertaining to the healthcare implications of air pollutionCOVID-19 Impact on Global Residential Air Purifiers MarketThe COVID-19 outbreak has generated major remunerative opportunities for air purifier manufacturers, with high-performance units, comprising HEPA and activated carbon technologies, being highly popular, to minimize the spread of the virus for enclosed spaces.
Premium, high-performance air purifiers are capable of filtering out particles up to 1 micron, and the size of the COVID-19 virus is estimated to be around 1.2 microns.
The Global Residential Air Purifiers Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on technology and product category.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global Residential Air Purifiers Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/22214-residential-air-purifiers-market-reportThe report also covers the complete competitive landscape of the worldwide market with company profiles of key players such as:3MDaikin IndustriesHoneywellPhillipsSharpOthersA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Technology:HEPAIonizers And Ozone GeneratorsElectrostatic PrecipitatorsBy Product Category:Fume And Smoke CollectorsDust CollectorsBy Geography:North America (NA) – US, Canada & Rest of North AmericaEurope (EU) – UK, Germany, France & Rest of EuropeAsia Pacific (APAC) – China, Japan, India & Rest of APACLatin America (LA) – Brazil & Rest of Latin AmericaMiddle East & Africa (MEA) – Middle East and AfricaDownload Free Sample Report of Global Residential Air Purifiers Market @ https://www.decisiondatabases.com/contact/download-sample-22214The Global Residential Air Purifiers Market has been exhibited in detail in the following chapters –Chapter 1 Residential Air Purifiers Market PrefaceChapter 2 Executive SummaryChapter 3 Residential Air Purifiers Industry AnalysisChapter 4 Residential Air Purifiers Market Value Chain AnalysisChapter 5 Residential Air Purifiers Market Analysis By TechnologyChapter 6 Residential Air Purifiers Market Analysis By Product CategoryChapter 7 Residential Air Purifiers Market Analysis By GeographyChapter 8 Competitive Landscape Of Residential Air Purifiers CompaniesChapter 9 Company Profiles Of Residential Air Purifiers IndustryPurchase the complete Global Residential Air Purifiers Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-22214Other Reports by DecisionDatabases.com:Global Residential Conveyancing Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Residential Security Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
The latest trending report Global Residential Air Purifiers Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The Residential Air Purifiers market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.This report also researches and evaluates the impact of Covid-19 outbreak on the Residential Air Purifiers industry, involving potential opportunity and challenges, drivers and risks.
We present the impact assessment of Covid-19 effects on Residential Air Purifiers and market growth forecast based on different scenario (optimistic, pessimistic, very optimistic, most likely etc.
).Final Report will cover the impact of COVID-19 on this industry.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/29561-residential-air-purifiers-market-analysis-reportThe major players covered in Residential Air Purifiers are: Sharp IQAir Daikin Panasonic Electrolux Philips Whirlpool Coway Midea Amway Blueair Mfresh Honeywell Boneco Austin Yadu Broad SamsungBy Type, Residential Air Purifiers market has been segmented into: HEPA Active Carbon Electrostatic Precipitator Ion and Ozone Generator OthersBy Application, Residential Air Purifiers has been segmented into: Living room Bed room Kitchen OthersThe report offers in-depth assessment of the growth and other aspects of the Residential Air Purifiers market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia) South America (Brazil, Argentina, Colombia) Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Residential Air Purifiers Market @ https://www.decisiondatabases.com/contact/download-sample-29561There are 14 Chapters to deeply display the Global Residential Air Purifiers market.1 Residential Air Purifiers Market Overview2 Company Profiles3 Market Competition, by Players4 Market Size by Regions5 North America Residential Air Purifiers Revenue by Countries6 Europe Residential Air Purifiers Revenue by Countries7 Asia-Pacific Residential Air Purifiers Revenue by Countries8 South America Residential Air Purifiers Revenue by Countries9 Middle East & Africa Revenue Residential Air Purifiers by Countries10 Market Size Segment by Type11 Global Residential Air Purifiers Market Segment by Application12 Global Residential Air Purifiers Market Size Forecast (2021-2025)13 Research Findings and Conclusion14 AppendixPurchase the complete Global Residential Air Purifiers Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-29561Other Reports by DecisionDatabases.com:Global Automotive Air Purifier Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025Global Air Purifiers Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024Global Household Air Purifiers Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
