According to the global residential air purifiers market report by IMARC Group, the market reached a value of US$ 4.2 Billion in 2022, and it is projected to reach a value of US$ 5.6 Billion by 2028, exhibiting a CAGR of 5% during 2023-2028.
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.
Industry Trends & Demand
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.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the 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.
The report has been segmented the market into following categories:
Breakup by Type:
Breakup by Filtration Technology:
- High-efficiency Particulate Absorbing (HEPA)
- Activated Carbon
- Ionic Filters
Breakup by Distribution Channel:
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key Questions Answered in the Global residential Air Purifiers Market Report
• How has the global residential air purifiers industry performed in the past and how will it perform in the near future?
• What is the impact of COVID-19 on the global residential air purifiers market?
• What are the key regions in the global residential air purifiers industry?
• What are the major driving factors and challenges in the global residential air purifiers market?
• What is the structure of the global residential air purifiers industry and who are the leading players?
• What is the degree of competition in the market?
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