Residential Air Purifier Market to Grow with a CAGR of 8.3% Globally through 2028
Global Residential Air Purifier Market continues to thrive
due to factors such as increasing awareness of IAQ and its health implications,
rising cases of allergies and asthma, and the impact of urbanization and
industrialization on indoor air pollution.
According to TechSci Research report, “Global Residential
Air Purifier Market - Industry Size, Share, Trends, Competition Forecast
& Opportunities, 2028”, the Global Residential Air Purifier Market
stood at USD 4.23 billion in 2022 and is anticipated to grow with a CAGR of 8.3%
in the forecast period, 2024-2028. The global residential air purifier market
has experienced significant growth in recent years, driven by increasing
awareness of indoor air quality, health concerns, and the need for cleaner and
safer living environments. Residential
air purifiers, also known as home air cleaners, are specialized devices
designed to remove contaminants, allergens, and pollutants from indoor air.
These devices enhance indoor air quality by reducing airborne particles, such
as dust, pollen, pet dander, smoke, and volatile organic compounds (VOCs). The
global residential air purifier market encompasses a wide range of products,
from compact portable units to whole-house systems, each catering to the
diverse needs and preferences of homeowners.
Browse over 26 market data Figures spread
through 189 Pages and an in-depth TOC on "Global Residential Air Purifier Market”
The integration of smart technology is a prominent
trend in the residential air purifier market. Smart air purifiers can be
controlled remotely via smartphones or voice-activated devices, allowing users
to monitor air quality, adjust settings, and receive real-time air quality
updates. High-Efficiency Particulate Air (HEPA) filters are the standard for
air purifiers. These filters are highly effective at capturing particles as
small as 0.3 microns, making them a popular choice for homeowners concerned
about allergens and pollutants. Ultraviolet (UV) light technology, particularly
UV-C, is gaining traction in air purifiers. UV-C light can effectively
neutralize bacteria, viruses, and mold spores, enhancing the germicidal
capabilities of air purifiers.
Many air purifiers now incorporate multiple filtration
stages, combining pre-filters, HEPA filters, activated carbon filters, and UV-C
sterilization to provide comprehensive air purification. Whole-house air
purifiers, which integrate with heating, ventilation, and air conditioning
(HVAC) systems, are becoming increasingly popular. These systems provide
continuous and centralized air purification throughout the home. To ensure
optimal performance, air purifiers often come equipped with filter replacement
indicators that alert users when it's time to replace filters. This feature is
essential for maintaining air purifier efficiency.
Compact and portable air purifiers are favored for
their versatility. These units are easily moved from room to room and are
suitable for apartments or smaller living spaces. Energy-efficient air
purifiers are designed to consume minimal power while delivering effective air
purification. This trend aligns with the growing focus on eco-friendly and
sustainable living.
Manufacturers offer air purifiers with customizable
features, including fan speeds, operation timers, and air quality sensors,
allowing users to fine-tune their air purification settings to meet their
specific needs. The growing awareness of health-related issues associated with
indoor air pollution, such as allergies, asthma, and respiratory problems, is a
primary driver of the residential air purifier market. Consumers are
increasingly seeking solutions to improve their indoor air quality. Rising
levels of outdoor air pollution, exacerbated by factors like industrial
emissions and wildfires, have raised concerns about the infiltration of
pollutants into indoor spaces. Air purifiers offer a defense against these
external contaminants. Allergens like pollen, pet dander, and dust mites can
trigger allergies and exacerbate asthma symptoms. Air purifiers equipped with
HEPA filters are effective in reducing allergens and provide relief to allergy
sufferers.
The need to combat indoor smoke, cooking odors, and
unpleasant smells is another significant driver. Activated carbon filters in
air purifiers excel in removing odorous particles and volatile organic
compounds (VOCs). The COVID-19 pandemic highlighted the importance of indoor
air quality, and air purifiers gained attention as a potential tool for
reducing viral transmission indoors. The pandemic has underscored the role of
air purifiers in minimizing health risks.
As urbanization continues, more people are living in
densely populated areas where outdoor air quality can be compromised. This
trend encourages homeowners to invest in air purifiers for their residences. Increasing
affluence, particularly in emerging markets, has enabled more consumers to
afford residential air purifiers. As disposable incomes rise, individuals are
more willing to invest in health and well-being.
Environmental awareness and concerns about indoor
pollutants and their impact on the environment have encouraged the adoption of
eco-friendly air purifiers that use energy-efficient technologies and
sustainable materials. The aging population is more susceptible to health
issues related to poor air quality. Elderly individuals, in particular, are
motivated to invest in air purifiers to maintain their well-being.
High-quality air purifiers can be relatively
expensive, making them less accessible to budget-conscious consumers. Regular
filter replacement and maintenance can add to the overall cost of air
purifiers, and some consumers may find this an ongoing financial burden. Some
air purifiers can be noisy at higher fan speeds, which may affect user comfort,
especially in quiet environments.
The abundance of air purifier models with varying
features can lead to confusion for consumers trying to select the best-suited
unit for their needs. For larger spaces or whole-house purification, portable
air purifiers may have limited effectiveness, necessitating the use of larger,
whole-house systems.
The global residential air purifier market is
segmented into type, filter type, distribution channel, regional, and company.
Based on the type, the standalone/portable segment
emerged as the dominant player in the global residential air purifier market. The
standout feature of standalone/portable air purifiers is their flexibility in
placement. These devices are not bound by fixed installation or HVAC
integration, making them suitable for a wide range of living spaces. Homeowners
can position them wherever they are needed most, adapting to the dynamic
requirements of different rooms.
Based on region, North America has a significant share
of the global residential air purifier market. North America places a strong
emphasis on health and wellness, and this extends to the quality of the air
people breathe indoors. The region's residents are proactively seeking ways to
improve their well-being, and air purifiers have become an integral part of
this pursuit. As a result, residential air purifiers are considered essential
for maintaining a healthy living environment.
Major companies operating in Global Residential
Air Purifier Market are:
- Daikin Industries Ltd
- Sharp Corporation
- Honeywell International Inc.
- LG Electronics Inc.
- Unilever PLC (erstwhile BlueAir AB)
- Dyson Ltd
- Whirlpool Corporation
- AllerAir Industries Inc.
- Panasonic Corporation
- Koninklijke Philips NV
Download Free Sample Report
Customers can also request for 10%
free customization on this report.
“The global residential air purifier market is poised
for continued growth as consumers increasingly prioritize indoor air quality
and health. Technological advancements, coupled with a commitment to
sustainability and energy efficiency, will drive innovation in the market. As
air purifiers become more accessible and efficient, they will continue to play
a crucial role in improving indoor air quality and enhancing the well-being of
individuals and families worldwide.” said Mr. Karan Chechi, Research Director
with TechSci Research, a research-based management consulting firm.
“Residential Air Purifier Market – Global Industry
Size, Share, Trends, Opportunity, and Forecast, Segmented By Type
(Standalone/Portable, In-duct), By Filter Type (HEPA & Activated Carbon,
Ion & Ozone, Electrostatic Precipitators, HEPA & Activated Carbon + Ion
& Ozone, HEPA, Activated Carbon and Others), By Distribution Channel
(Online and Offline), By Region, By Competition, 2018-2028, has evaluated
the future growth potential of global residential air purifier market and
provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global residential air purifier market.
Contact
Mr. Ken Mathews
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: [email protected]
Website: www.techsciresearch.com