Global Residential Air Purifiers Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Type;

Stand-alone and In-duct.

By Filtration Technology;

High-efficiency Particulate Air (HEPA), Other Technologies (Electrostatic Precipitators (ESPs) and Ionizers and Ozone Generators).

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn066179474 Published Date: March, 2024 Updated Date: April, 2024

Introduction

Global Residential Air Purifiers Market (USD Million), 2020 - 2030

In the year 2023, the Global Residential Air Purifiers Market was valued at USD 8,064.31 million. The size of this market is expected to increase to USD 11,730.99 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.5%.

The global residential air purifiers market is witnessing a surge in demand driven by increasing awareness about indoor air quality and a growing emphasis on health and wellness. Residential air purifiers have become essential household appliances for many consumers, particularly in urban areas where air pollution levels are high. These devices are designed to remove contaminants such as dust, pollen, pet dander, smoke, and volatile organic compounds (VOCs) from indoor air, creating a healthier and more comfortable living environment for occupants.

One of the key factors driving the growth of the global residential air purifiers market is the rising prevalence of respiratory ailments and allergies. Poor indoor air quality can exacerbate respiratory conditions such as asthma and allergies, leading consumers to seek effective solutions to improve air quality in their homes. Additionally, the ongoing COVID-19 pandemic has heightened awareness about the importance of indoor air quality in preventing the spread of airborne viruses, further fueling demand for residential air purifiers equipped with advanced filtration technologies.

Another significant driver of market growth is increasing urbanization and industrialization, which have contributed to higher levels of outdoor air pollution infiltrating indoor spaces. As more people migrate to urban areas and spend the majority of their time indoors, there is a growing need for residential air purifiers to mitigate the health risks associated with indoor air pollution. Manufacturers are responding to this demand by introducing innovative air purifier models with enhanced filtration efficiency, smart features, and sleek designs to complement modern home interiors.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Filtration Technology
    3. Market Snapshot, By Region
  4. Global Residential Air Purifiers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Awareness of Indoor Air Quality

        2. Growing Health Concerns and Allergies

        3. Technological Advancements in Air Purification

      2. Restraints
        1. High Initial Cost of Air Purifiers

        2. Maintenance and Replacement Expenses

        3. Limited Adoption in Low-Income Regions

      3. Opportunities
        1. Rising Demand for Smart and Connected Air Purifiers

        2. Expansion of Distribution Channels

        3. Focus on Air Purification in Emerging Markets

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Residential Air Purifiers Market, By Filtration Technology, 2022 - 2032 (USD Million)
      1. High-efficiency Particulate Air (HEPA)
      2. Other Technologies
        1. Electrostatic Precipitators (ESPs)
        2. Ionizers
        3. Ozone Generators
    2. Global Residential Air Purifiers Market, By Type, 2022 - 2032 (USD Million)
      1. Stand-alone
      2. In-duct
    3. Global Residential Air Purifiers Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Daikin Industries Ltd
      2. Sharp Corporation
      3. Honeywell International Inc.
      4. LG Electronics Inc.
      5. Dyson Ltd.
      6. Panasonic Corporation.
      7. LG Electronics.
      8. Koninklijke Philips N.V.
      9. Dyson.
      10. SAMSUNG.
  7. Analyst Views
  8. Future Outlook of the Market

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