Residential Air Purifiers Market Opportunities, Business Forecast To 2028

The global residential air purifiers market size was valued at USD 3,652.8 million in 2021 and is poised to grow at a significant CAGR of 6.2% during the forecast period from 2022 to 2028. Residential air purifiers, also known as air cleaners, are devices that improve indoor air quality by eliminating air contaminants such as dust, smoke, pollen, and dander. The main component of a home air purifier is a high-efficiency air filter. There are two primary types of residential air purifiers: stand-alone and in-duct. Stand-alone air purifiers are portable room systems designed to clean and sanitize the air in a specific area of a home or office. These devices are typically constructed using plastic, such as high-impact polystyrene, polyvinyl chloride, high-density polyethylene, or polypropylene. In-duct air purifier systems, on the other hand, are designed to work with the central HVAC and furnace unit to filter all the air that enters the home. This ensures that any air traveling through the air ducts and reaching different rooms in the home or workplace is sanitized.

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Residential Air Purifiers Market Growth Factors:
The Global Residential Air Purifier Market is being driven by the increasing air pollution levels worldwide. Air pollution is currently one of the leading causes of death globally. The market growth is also being fueled by the rising prevalence of airborne diseases such as asthma, cancer, and irritation, and the increasing awareness of chronic health issues caused by indoor air pollution. One of the primary causes of indoor air pollution is the burning of solid fuels for household lighting, cooking, and heating. Additionally, the increasing number of vehicle sales is leading to a decrease in the air quality index across the globe. As people become more health-conscious, air purifiers are becoming a necessity for everyday use rather than just a luxury item.

Residential Air Purifiers Market Segmentation:
1) By Type: In-Duct Residential Air Purifiers, Standalone/Portable Residential Air Purifiers.
2) Technology: Ionic Filters, Activated Carbon, HEPA.
Residential Air Purifiers Market Regional Analysis:
In 2022, Asia Pacific held the largest revenue share of approximately 43.0% in the residential air purifier market, making it the dominant region. The region's dominance can be attributed to several factors, including rapid industrialization, robust urbanization, a growing population, and increasing disposable income and overall income levels. Additionally, there are growing concerns about worsening air pollution and increasing smog, particularly in major countries such as India and China. The rising awareness among people about air pollution and government interventions to mitigate its effects on the population has further led to an increase in the adoption of air purifiers, thereby driving the market growth in the region.

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Key players in the residential air purifiers market Samsung Electronics Co., Ltd., Panasonic Corporation, The Whirlpool Corporation, Koninklijke Philips N.V., Xiaomi Corporation, Daikin Industries, Ltd, Dyson Limited, LG Electronics, Inc, Sharp Corporation, Honeywell International, Inc.

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