Residential Air Purifier Market Opportunities and Strategies to 2030

The global residential air purifier market size was valued at USD 3.8 billion in 2020, and is predicted to be worth around USD 6.6 billion by 2030, registering a CAGR of 6.1% during the forecast period 2022 to 2030.

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Growth Factors

The increasing prevalence of airborne diseases and increasing levels of pollution in urban areas across the globe have been the key factors favoring the growth of this market for residential air purifiers. Also, the global population is growing health consciousness mingled with the improving standards of living and rising disposable incomes. There is a rising awareness pertaining to the harmful impact of air pollution is also driving the adoption of air pollution control equipment, especially in developing regions across the globe. Growing demand for a healthy lifestyle, especially among the urban youth, is expected to be a significant contributor to the growth of this market in the coming years.

The lockdown measures taken by governments of various countries have resulted in boosting the sales of home appliances such as air purifiers, cleaning appliances, kitchen appliances, and water filtration devices. Rising awareness regarding healthy living has contributed to the increased sales of air purifiers across the globe. The outdoor air quality in various cities across the globe has witnessed an improvement, meeting the WHO guidelines of clean air, on account of the lockdowns enforced to curb the spread of COVID-19.

Report Coverage

Report Scope Details
Market Size US$ 6.6 billion by 2030
Growth Rate CAGR of 6.1% From 2022 to 2030
Largest Market North America
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Type, Technology
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned DAIKIN INDUSTRIES, Ltd.; Sharp Home (Sharp Corporation); Honeywell International Inc.; Panasonic Corporation; LG Electronics; Koninklijke Philips N.V.; Dyson; SAMSUNG; Whirlpool; Blueair (Unilever)

By Technology Analysis

In terms of revenue, the High-efficiency Particulate Absorbing (HEPA) filter technology segment held the largest revenue share of around 40.0% in 2021. This is mainly attributed to the high performance and reliability of HEPA filters to effectively trap and remove airborne particles.

The high-quality and reliability of HEPA filters to remove airborne particles is anticipated to fuel its adoption in the residential air purifier market. However, other contaminants in the air such as Volatile Organic Compounds (VOCs), viruses, bacteria, and mold are not trapped in HEPA filters.

Activated carbon air filters have excellent trapping capacity owing to the high surface area of the carbon granules and microporosity, which makes them very effective in trapping gases, fumes, odors. These types of filters are used for absorbing gases and odors from cooking, mold, chemicals, pets, and smoke.

By Type Analysis

The standalone or portable air purifier segment dominated the market for residential air purifiers and accounted for the largest revenue share of around 65.5% in 2021. The dominance of standalone air purifiers is mainly attributed to its portability, simple operation without any structural changes in the house and easy maintenance.

The in-duct air purifiers segment is expected to witness a CAGR of around 6.5% in the market for residential air purifiers during the forecast period. The healthy growth of this segment is primarily due to the rising awareness pertaining to the lung diseases associated with deteriorating outdoor air quality.

By Regional Analysis

Asia Pacific dominated the market for residential air purifiers and accounted for the largest revenue share of around 42.0% in 2021. Some of the major factors favoring the dominance of the region include robust urbanization and rapid industrialization, along with a growing population, increasing disposable income, and overall income levels.

In North America, the market for residential air purifiers is estimated to expand at a CAGR of 5.3% over the forecast period. High penetration and increasing adoption of the residential air purifiers in the North American households in mainly attributed to the air quality policies such as establishing national ambient air quality standards by the U.S. EPA, the U.S. Clean Air Act, and comprehensive strategies for emission reduction by the Environment Canada.

Key Players

  • DAIKIN INDUSTRIES, Ltd.
  • Sharp Home (Sharp Corporation)
  • Honeywell International Inc.
  • Panasonic Corporation
  • LG Electronics
  • Koninklijke Philips N.V.
  • Dyson
  • SAMSUNG
  • Whirlpool
  • Blueair (Unilever)

Market Segmentation

  • By Type
    • Standalone/Portable
    • In-Duct
  • By Technology
    • HEPA
    • Activated Carbon
    • Ionic Filters
    • Others
  • Regional
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
    • Asia Pacific
      • China
      • Japan
    • Central & South America
      • Brazil
    • Middle East & Africa
      • Saudi Arabia

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Residential Air Purifier Market, By Type

7.1.  Residential Air Purifier Market, by Type, 2021-2030

7.1.1.    Standalone/Portable

7.1.1.1.        Market Revenue and Forecast (2019-2030)

7.1.2.    In-Duct

7.1.2.1.        Market Revenue and Forecast (2019-2030)

Chapter 8.  Global Residential Air Purifier Market, By Technology

8.1.  Residential Air Purifier Market, by Technology, 2021-2030

8.1.1.    HEPA

8.1.1.1.        Market Revenue and Forecast (2019-2030)

8.1.2.    Activated Carbon

8.1.2.1.        Market Revenue and Forecast (2019-2030)

8.1.3.    Ionic Filters

8.1.3.1.        Market Revenue and Forecast (2019-2030)

Chapter 9.  Global Residential Air Purifier Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Type (2019-2030)

9.1.2.    Market Revenue and Forecast, by Technology (2019-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Type (2019-2030)

9.1.3.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Type (2019-2030)

9.1.4.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Type (2019-2030)

9.2.2.    Market Revenue and Forecast, by Technology (2019-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Type (2019-2030)

9.2.3.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Type (2019-2030)

9.2.4.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Type (2019-2030)

9.2.5.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Type (2019-2030)

9.2.6.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Type (2019-2030)

9.3.2.    Market Revenue and Forecast, by Technology (2019-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Type (2019-2030)

9.3.3.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Type (2019-2030)

9.3.4.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Type (2019-2030)

9.3.5.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Type (2019-2030)

9.3.6.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Type (2019-2030)

9.4.2.    Market Revenue and Forecast, by Technology (2019-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Type (2019-2030)

9.4.3.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Type (2019-2030)

9.4.4.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Type (2019-2030)

9.4.5.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Type (2019-2030)

9.4.6.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Type (2019-2030)

9.5.2.    Market Revenue and Forecast, by Technology (2019-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Type (2019-2030)

9.5.3.2.        Market Revenue and Forecast, by Technology (2019-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Type (2019-2030)

9.5.4.2.        Market Revenue and Forecast, by Technology (2019-2030)

Chapter 10.  Company Profiles

10.1.              DAIKIN INDUSTRIES, Ltd.

10.1.1.  Company Overview

10.1.2.  Type Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Sharp Home (Sharp Corporation)

10.2.1.  Company Overview

10.2.2.  Type Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Honeywell International Inc.

10.3.1.  Company Overview

10.3.2.  Type Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Panasonic Corporation

10.4.1.  Company Overview

10.4.2.  Type Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              LG Electronics

10.5.1.  Company Overview

10.5.2.  Type Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Koninklijke Philips N.V.

10.6.1.  Company Overview

10.6.2.  Type Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Dyson

10.7.1.  Company Overview

10.7.2.  Type Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              SAMSUNG

10.8.1.  Company Overview

10.8.2.  Type Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Whirlpool

10.9.1.  Company Overview

10.9.2.  Type Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

10.10.           Blueair (Unilever)

10.10.1.               Company Overview

10.10.2.               Type Offerings

10.10.3.               Financial Performance

10.10.4.               Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

Glossary of Terms

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