The global residential air purifier market was valued at US$ 3.8 Bn in 2021 and is expected to expand at a CAGR of 6.3% between 2022 and 2032. The market is expected to reach US$ 7.44 Bn worldwide by the end of 2032.Demand for residential air purifiers is expected to rise over the forecast period and the market is projected to gain a global valuation of US$ 4.04 Bn by the end of 2022. Rising air pollution levels and the increasing prevalence of airborne diseases have been the main reasons behind the growth of this market for residential air purifiers.
The offer in this portion accompanies many open doors including fabricating items, appropriation, retail, and showcasing administrations. Broad rounds of essential and far reaching optional exploration have been utilized by the examiners at Fact.MR to show up at different assessments and projections for Demand of Residential Air Purifier Market both at worldwide and provincial levels.
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Market Players: –
- Blueair (Unilever)
- Whirlpool
- SAMSUNG
- Dyson
- Koninklijke Philips N.V.
- LG Electronics
- Panasonic Corporation
- Honeywell International Inc.
- Sharp Home (Sharp Corporation)
- DAIKIN INDUSTRIES, Ltd.
Competitive Landscape
Residential air purifiers are dominated by a few key players that account for a large share of the market’s revenue. Several international, regional, and domestic manufacturers compete in this market. In order to strengthen their position in this market and increase revenue, companies are implementing various strategies and initiatives such as mergers and acquisitions, new product launch, product development, distribution agreements and technological investments.
- A new air purifier, WhisperAir Repair Spot, will be released in February 2022 by Panasonic. The device is simple to install and does not require any maintenance. Air is kept clean and fresh indoors by WhisperAir Repair, which is lightweight and easy to use. The market is expected to benefit from new developments.
- An American company that deals with consumer robots, iRobot Corporation, acquired Aeris Cleantec AG, a Swiss company that provides premium air purifiers headquartered in Cham, Zug in November, 2021.
- Through collaborations and agreements, companies are expanding their businesses. Radic8, a United Kingdom-based air purifier manufacturer, entered into an agreement with Henry Schein, an American distributor of health care products, to distribute air purifier systems in North America and Europe.
Key Segments Covered in the Residential Air Purifier Industry Survey
- By Type
- In-Duct Residential Air Purifiers
- Standalone/Portable Residential Air Purifiers
- By Application
- Residential Air Purifiers based on Ionic Filters
- Residential Air Purifiers based on Activated Carbon
- Residential Air Purifiers based on HEPA
- Residential Air Purifiers based on Other Applications
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
- EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
- CIS & Russia
- Japan
- Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
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