PUBLISHER: IMARC | PRODUCT CODE: 1370467
PUBLISHER: IMARC | PRODUCT CODE: 1370467
Residential Air Purifiers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Abstract
Market Overview:
The global residential air purifiers market size reached US$ 4.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.
A residential air purifier is an indispensable stand-alone appliance that mitigates various 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 various neurological or respiratory disorders, such as chronic obstructive pulmonary disease (COPD), asthma, and lung cancer, by eliminating the presence of harmful chemicals, dust, and unpleasant odors from a specific area. Along with this, they are cost-effective, easy to use, and reliable and are mainly available in portable and in-duct air purifier types.
Residential Air Purifiers Market Trends:
The increasing prevalence of various airborne and respiratory diseases due to the considerable rise in pollution levels in urban areas is primarily driving the market growth. This is further supported by the ongoing construction activities and the rapid establishment of smart homes across the globe. In line with this, the rising health consciousness among consumers, coupled with improving living standards and inflating disposable incomes, has significantly promoted the uptake of high-performance air purifiers in residential spaces, which is acting as another growth-inducing factor. The product demand can also be attributed to the rising environmental concerns and the growing awareness regarding the detrimental health effects of air pollution. Moreover, the advent of high-efficiency particulate air (HEPA)-based air cleaners that can trap and filter airborne contaminants of different particle sizes are contributing to the market growth. Furthermore, the implementation of the work-from-home (WFH) model during the COVID-19 pandemic has augmented the sales of residential air purifiers to avoid the spread of the virus, which is favoring the market growth. Other factors, such as extensive product marketing by manufacturers and strategic collaborations amongst key players to engineer products with new features, are positively stimulating the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global residential air purifiers market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, filtration technology and distribution channel.
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
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
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.
Key Questions Answered in This Report
- 1. What was the size of the global residential air purifiers market in 2022?
- 2. What is the expected growth rate of the global residential air purifiers market during 2023-2028?
- 3. What are the key factors driving the global residential air purifiers market?
- 4. What has been the impact of COVID-19 on the global residential air purifiers market?
- 5. What is the breakup of the global residential air purifiers market based on the type?
- 6. What is the breakup of the global residential airpurifiers market based on the filtration technology?
- 7. What are the key regions in the global residential air purifiers market?
- 8. Who are the key players/companies in the global residential air purifiers market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Residential Air Purifiers Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Stand-alone/Portable
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 In-Duct
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Filtration Technology
- 7.1 High-efficiency Particulate Absorbing (HEPA)
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Activated Carbon
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Ionic Filters
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Others
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Online
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Offline
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 AllerAir Industries Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Daikin Industries Ltd.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.2.4 SWOT Analysis
- 14.3.3 Dyson Ltd.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Honeywell International Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.4.4 SWOT Analysis
- 14.3.5 IQAir
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.6 Koninklijke Philips N.V.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 LG Electronics Inc.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.7.3 Financials
- 14.3.7.4 SWOT Analysis
- 14.3.8 Panasonic Holdings Corporation
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 Samsung Electronics Co. Ltd.
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.9.4 SWOT Analysis
- 14.3.10 Sharp Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Unilever plc
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.11.3 Financials
- 14.3.12 Whirlpool Corporation
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.13 Xiaomi Inc.
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.13.3 Financials
- 14.3.1 AllerAir Industries Inc.
List of Figures
- Figure 1: Global: Residential Air Purifiers Market: Major Drivers and Challenges
- Figure 2: Global: Residential Air Purifiers Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Residential Air Purifiers Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Residential Air Purifiers Market: Breakup by Type (in %), 2022
- Figure 5: Global: Residential Air Purifiers Market: Breakup by Filtration Technology (in %), 2022
- Figure 6: Global: Residential Air Purifiers Market: Breakup by Distribution Channel (in %), 2022
- Figure 7: Global: Residential Air Purifiers Market: Breakup by Region (in %), 2022
- Figure 8: Global: Residential Air Purifiers (Stand-alone/Portable) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Residential Air Purifiers (Stand-alone/Portable) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Residential Air Purifiers (In-Duct) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Residential Air Purifiers (In-Duct) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Residential Air Purifiers (High-efficiency Particulate Absorbing (HEPA)) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Residential Air Purifiers (High-efficiency Particulate Absorbing (HEPA)) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Residential Air Purifiers (Activated Carbon) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Residential Air Purifiers (Activated Carbon) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Residential Air Purifiers (Ionic Filters) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Residential Air Purifiers (Ionic Filters) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Residential Air Purifiers (Other Filtration Technologies) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Residential Air Purifiers (Other Filtration Technologies) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Residential Air Purifiers (Online) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Residential Air Purifiers (Online) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Residential Air Purifiers (Offline) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Residential Air Purifiers (Offline) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: North America: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: North America: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: United States: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: United States: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: Canada: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: Canada: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: Asia-Pacific: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: Asia-Pacific: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: China: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: China: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Japan: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Japan: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: India: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: India: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: South Korea: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: South Korea: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: Australia: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: Australia: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: Indonesia: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: Indonesia: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Others: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Others: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Europe: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Europe: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Germany: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Germany: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: France: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: France: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: United Kingdom: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: United Kingdom: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: Italy: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: Italy: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: Spain: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: Spain: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Russia: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Russia: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Others: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Others: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Latin America: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Latin America: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Brazil: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Brazil: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Mexico: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Mexico: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Others: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Others: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Middle East and Africa: Residential Air Purifiers Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Middle East and Africa: Residential Air Purifiers Market: Breakup by Country (in %), 2022
- Figure 72: Middle East and Africa: Residential Air Purifiers Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 73: Global: Residential Air Purifiers Industry: SWOT Analysis
- Figure 74: Global: Residential Air Purifiers Industry: Value Chain Analysis
- Figure 75: Global: Residential Air Purifiers Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Residential Air Purifiers Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Residential Air Purifiers Market Forecast: Breakup by Type (in Million US$), 2023-2028
- Table 3: Global: Residential Air Purifiers Market Forecast: Breakup by Filtration Technology (in Million US$), 2023-2028
- Table 4: Global: Residential Air Purifiers Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 5: Global: Residential Air Purifiers Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Residential Air Purifiers Market: Competitive Structure
- Table 7: Global: Residential Air Purifiers Market: Key Players
