According to a research report “Residential Air Purifiers Market Size, Growth by Technology (High Efficiency Particulate Air (HEPA), Electrostatic Precipitators, Activated Carbon, Ultraviolet), Type (Portable Air Purifiers, In-duct Air Purifiers) – Global Forecast to 2026″ is projected to reach USD 14.1 billion by 2026, at a CAGR of 8.1%.
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The HEPA technology segment is accounted for the largest share of the residential air purifiers market.
Based on technology, the residential air purifiers market is segmented into HEPA filters (high-efficiency particulate arresting or high-efficiency particulate air) and other technologies. The other technologies segment comprises electrostatic precipitators, activated carbon, UV filters, and ionic filters. The HEPA segment accounted for the largest market share. HEPA filters incorporated in residential air purifiers are beneficial at trapping gases and particles, absorbing odours and gases from mould, cooking, pets, smoke, and chemicals, thereby reducing pollution in the indoor environment.
The portable/stand-alone purifiers is expected to grow at the highest CAGR
Based on type, the residential air purifiers market is segmented into portable/stand-alone purifiers and in-duct purifiers. The portable/ stand- alone purifiers segment is also expected to witness the highest growth during the forecast period. This can mainly be attributed to its various capabilities such as smart controls, sensors, multiple filtration layers and ability to move around. Furthermore, their installation is cost-effective as compared to the in-duct system.
Asia Pacific accounted for the largest share of the residential air purifiers Market
Asia Pacific is the largest regional market for residential air purifiers. The fast adoption of advanced indoor air quality monitoring technologies, ongoing technological advancements in the field of particulate sensors, rising public-private funding and investments, and the presence of supportive government regulations are key factor driving the residential air purifiers market in Asia Pacific.
Key Market Players
The prominent players in the global residential air purifiers market are Daikin Industries, Ltd. (Japan), Sharp Corporation (Japan), Honeywell International Inc. (US), Samsung Electronics Co., Ltd. (South Korea), LG Electronics Inc. (South Korea), Koninklijke Philips N.V. (Netherlands), Dyson (UK), Unilever Group (UK), Panasonic Corporation (Japan), Whirlpool Corporation (US), AllerAir Industries Inc. (US), IQAir (Switzerland), Winix Co., Ltd. (South Korea), Xiaomi Corporation (China), Camfil AB (Sweden), Airpura Industries Inc. (Canada), Airgle Corporation (US), Hunter Pure Air (US)
The study categorizes the global residential air purifiers market based on technology, type, and regional level.
By Technology
- High Efficiency Particulate Air (HEPA)
- Other Technologies
By Type
- Portable /Stand Alone Air Purifiers
- In-Duct Air Purifiers
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Recent Developments
- Panasonic Corporation (Japan) has developed a new nanoe X device that generates 100 times more Hydroxyl (OH) radicals than the conventional nanoe device. As a result, the latest nanoe X device delivers increased effectiveness in air purification and deodorization in indoor spaces.
- Panasonic Ecology Systems Co., Ltd. (PES) and Panasonic Ecology Systems Guangdong Co., Ltd. built the First Shunde Branch Plant in China, a new factory for IAQ devices such as energy recovery ventilator systems and air purifiers.
- Dyson (UK) opened its fourth Dyson Demo store in France, located in the iconic shopping district of Terrasses du Port in Marseille. The new space will showcase Dyson’s latest technology in home cleaning, air purification, lighting, and hair care.
- Molekule (US) partnered with Sourcenext (Japan). The partnership is aimed at helping Molekule move into the next phase of growth, which includes global expansion. In a commitment to Molekule’s innovation, Sourcenext has also invested USD 10.1 million into the company. The funds will be used for growth initiatives as the company prepares to meet strong global demand for an air purification solution.
- Molekule (US) launched its India operations by introducing its air purifiers on Amazon for the Indian consumers.
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