Global Residential Air Purifier Market (2022 to 2030) – With LG Electronics, Dyson and Samsung among others

Dublin, 24 Feb. 2022 (GLOBE NEWSWIRE) — The “Residential Air Purifier Market Size, Share, and Trend Analysis Report by Type (Freestanding/Portable and In-Duct), by Technology (HEPA, Activated Carbon, Ion Filters), by Region and segment forecast, 2022-2030″ report has been added to from ResearchAndMarkets.com offer.

The global residential air purifier market size is expected to reach USD 6.7 billion by 2030. The market is expected to grow at a CAGR of 6.2% from 2022 to 2030. Market players compete with each other in the based on various parameters, including product performance, technical competence, price, quality and company reputation. New product launches, technology investments, licensing agreements, and mergers and acquisitions are some of the strategies adopted by participants to gain market share and strengthen their position in the market. For example, in September 2020, MANN+HUMMEL presented two new high-performance room air purifiers, namely OurAir SQ 2500 and OurAir TK 850.

OurAir SQ 2500 is ideal for spaces up to 200m, while OurAir TK 850 is ideal for filtering the air of indoor spaces up to 70m. These air purifiers are suitable for installation in schools, offices, hospitals, airports and retail spaces. The containment measures taken by the governments of various countries have led to an increase in the sales of household appliances such as air purifiers, cleaning devices, kitchen appliances and water filtration devices. The growing awareness of healthy living has contributed to the increase in sales of air purifiers across the world. Outdoor air quality in various cities around the world has seen improvement, meeting WHO clean air guidelines, due to lockdown measures imposed to curb the spread of COVID-19.

The air quality, in terms of PM2.5 concentration levels, in various polluted cities, including Wuhan (China), Seoul (South Korea), Sao Paulo (Brazil), New York (USA), Mumbai (India), Milan (Italy), Los Angeles (USA), London (UK) and Delhi (India) have seen significant improvement. For example, air pollution in Delhi and Seoul decreased by more than 60% and 54%, respectively, during the lockdown, while soot in Wuhan decreased by around 44%. Additionally, according to NASA, nitrogen dioxide emissions were down more than 30% in the northeastern United States in March 2020.

The Covid-19 pandemic has also prompted various innovations involving not only the trapping of pollutants, but also airborne bacteria and viruses.

For example, in April 2021, O2Cure, a start-up based in Gurugram, India, developed an air purifier that has the ability to neutralize COVID-19 that causes the SARS-CoV-2 virus. This plug-and-play air purifier was designed using RGF’s patented PHI technology and is claimed to kill 99.63% of SARS-CoV-2 from air and surfaces in one hour. Indoor air quality in schools, offices and other workplaces is essential for the comfort and health of students and employees. Poor indoor air quality can cause fatigue, headaches, and eye, throat, lung, and nose irritation, which can negatively impact worker productivity.

Some airborne contaminants can cause illnesses like asthma, while prolonged exposure to asbestos and radon can cause cancer. Factors contributing to poor indoor air quality include inadequate ventilation, poor temperature control, and low or high humidity. The U.S. Environmental Protection Agency (EPA) has released the “Guide to Home Air Purifiers,” which provides tips for choosing a portable air purifier, HVAC filter, or furnace filter as well. as other information on air purifiers. The World Health Organization (WHO) has also published guidelines for indoor air quality. All these standards, guidelines and regulations are expected to have a positive impact on the growth of the air purifier market in the country.

Residential Air Purifiers Market Report Highlights

  • The market is expected to grow at a CAGR of 6.2% from 2022 to 2030
  • The standalone type segment accounted for the largest revenue share of 65.5% in 2021 and is expected to grow at a CAGR of 6.0% during the forecast period.
  • The HEPA filter technology segment led the market and accounted for a revenue share of approximately 40.0% in 2021
  • Asia-Pacific led the market and accounted for the largest revenue share of around 42.0% in 2021

Main topics covered:

Chapter 1. Methodology and scope

Chapter 2. Executive Summary

Chapter 3. Residential Air Purifiers Market Variables, Trends and Scope
3.1. Market overview
3.2. Mapping of penetration and growth prospects
3.3. Industry Value Chain Analysis
3.3.1. Retail chain analysis
3.3.2. Profit Margin Analysis
3.4. Market dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restriction Analysis
3.4.3. Industry Challenges
3.4.4. Industry Opportunities
3.5. Business environment analysis
3.5.1. Industry Analysis – Porter’s
3.5.1.1. Supplier Power
3.5.1.2. purchasing power
3.5.1.3. Surrogate Threat
3.5.1.4. Threat of a new entrant
3.5.1.5. Competitive Rivalry
3.6. Residential Air Purifiers Market Roadmap
3.7. Market entry strategies
3.8. Impact of COVID-19 on the Residential Air Purifiers Market

Chapter 4. Consumer Behavior Analysis
4.1. Demographic analysis
4.2. Consumer trends and preferences
4.3. Factors affecting purchase decision
4.4. Consumer Product Adoption
4.5. Observations and Recommendations

Chapter 5. Residential Air Purifier Market: Type Estimates and Trend Analysis
5.1. Analysis of the movement of products and market share, 2021 and 2030
5.2. Freestanding/Portable
5.2.1. Market estimates and forecast, 2017 – 2030 (USD Million)
5.3. To install
5.3.1. Market estimates and forecast, 2017 – 2030 (USD Million)

Chapter 6. Residential Air Purifier Market: Technology Estimates and Trend Analysis
6.1. Analysis of technology movement and market share, 2021 and 2030
6.2. HEPA
6.2.1. Market estimates and forecast, 2017 – 2030 (USD Million)
6.3. Charcoal
6.3.1. Market estimates and forecast, 2017 – 2030 (USD Million)
6.4. Ion filters
6.4.1. Market estimates and forecast, 2017 – 2030 (USD Million)
6.5. Others
6.5.1. Market estimates and forecast, 2017 – 2030 (USD Million)

Chapter 7. Residential Air Purifier Market: Regional Estimates and Trend Analysis

Chapter 8. Competitive Analysis
8.1. Major Global Players, Recent Developments and Their Impact on the Industry
8.2. Categorization of main companies/competitors (key innovators, market leaders, emerging players)
8.3. Supplier Landscape
8.3.1. Market share analysis of key companies, 2020

Chapter 9. Business Profiles
9.1. DAIKIN INDUSTRIES, Ltd.
9.1.1. Company presentation
9.1.2. Financial performance
9.1.3. Product Benchmarking
9.1.4. Strategic initiatives
9.2. Home Sharp (Sharp Company)
9.2.1. Company presentation
9.2.2. Financial performance
9.2.3. Product Benchmarking
9.2.4. Strategic initiatives
9.3. Honeywell International Inc.
9.3.1. Company presentation
9.3.2. Financial performance
9.3.3. Product Benchmarking
9.3.4. Strategic initiatives
9.4. Panasonic Company
9.4.1. Company presentation
9.4.2. Financial performance
9.4.3. Product Benchmarking
9.4.4. Strategic initiatives
9.5. LG Electronics
9.5.1. Company presentation
9.5.2. Financial performance
9.5.3. Product Benchmarking
9.5.4. Strategic initiatives
9.6. Koninklijke Philips NV
9.6.1. Company presentation
9.6.2. Financial performance
9.6.3. Product Benchmarking
9.6.4. Strategic initiatives
9.7. Dyson
9.7.1. Company presentation
9.7.2. Financial performance
9.7.3. Product Benchmarking
9.7.4. Strategic initiatives
9.8. SAMSUNG
9.8.1. Company presentation
9.8.2. Financial performance
9.8.3. Product Benchmarking
9.8.4. Strategic initiatives
9.9. Tourbillon
9.9.1. Company presentation
9.9.2. Financial performance
9.9.3. Product Benchmarking
9.9.4. Strategic initiatives
9.10. Blueair (Unilever)
9.10.1. Company presentation
9.10.2. Financial performance
9.10.3. Product Benchmarking
9.10.4. Strategic initiatives

For more information on this report, visit https://www.researchandmarkets.com/r/6i78ev

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