Residential Air Purifiers Market Worth US$ 5.6 Billion by 2028 at CAGR of 5% | IMARC Group

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 US$ 5.6 Billion by 2028, exhibiting a growth rate (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.

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Residential Air Purifiers Market Trends:

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.

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.

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Residential Air Purifiers Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the residential air purifiers market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

• 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 Market Segmentation:

The report has segmented the residential air purifiers market on the basis of 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)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Turkey, South Africa, Others)

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This report can serve as an excellent guide for investors, researchers, consultants, marketing strategists and all those who are planning to foray into the market in any form.

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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