Residential Air Purifiers Market

Residential Air Purifiers Market by Technology (High Efficiency Particulate Air (HEPA), Electrostatic Precipitators, Activated Carbon, Ultraviolet), Type (Portable Air Purifiers, In-duct Air Purifiers), COVID-19 Impact - Global Forecast to 2026

Report Code: AST 7714 Oct, 2021, by marketsandmarkets.com

[189 Pages Report] The global residential air purifiers market is expected to reach USD 14.1 billion in 2026 from USD 9.6 billion in 2021, at a CAGR of 8.1%. The growth of this market is majorly driven by the growing popularity of smart homes, supportive government regulations for effective air pollution monitoring and control, increasing public-private funding for effective air pollution monitoring, rising levels of air pollution worldwide, and increasing public awareness related to the healthcare and environmental implications of air pollution. Also, the need for an energy-efficient air purifier and R&D being undertaken to bring innovative products to the market is aiding the market growth. The current COVID-19 pandemic has further increased the demand for such purifiers with the growing awareness of COVID-19 associated respiratory ailments and the rising need to curb cross-contamination.

However, the high cost of these products and technical limitations associated with air quality monitoring products are expected to restrain the growth of this market during the forecast period.

Residential Air Purifiers Market

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COVID-19 Impact on Residential Air Purifiers Market

The COVID-19 outbreak has generated major remunerative opportunities for air purifier manufacturers, with high-performance units, comprising HEPA and activated carbon technologies, being highly popular, to minimize the spread of the virus for enclosed spaces. Premium, high-performance air purifiers are capable of filtering out particles up to 1 micron, and the size of the COVID-19 virus is estimated to be around 1.2 microns. Consequently, manufacturers have displayed confidence in being able to provide a solution for indoor environments, during the outbreak, which will sustain demand for the near future.

  • The growing awareness among consumers regarding air purification in the wake of COVID-19 is an opportunity for air purifier retailers to scale up their sales. Some companies are increasing the production of air quality systems with the addition of different technologies such as High-Efficiency Particulate Air (HEPA) filters, photocatalytic purifiers, activated carbon purifiers, and ionic filters.
  • In India, during the initial outbreak and before the imposition of national lockdown and social distancing norms, air purifier companies witnessed a slight rise in the demand by consumers as a precautionary measure against the virus. Also, some air purifiers have anti-bacterial and anti-viral filters for viruses such as H1N1 and others, which is expected to propel the demand further.
  • On the supply side, the air purifier business was severely hampered since the lockdown commenced globally. Retail and online sales came to a standstill due to the disruption in the supply chain, logistics, and online channels being used only for the delivery of essential items. Though this caused a halt in residential sales, air purifier companies are relying on commercial end users to create demand during the period. However, despite supply chain disruptions, after lockdown restrictions were eased, global air purifier companies started using existing inventory to cope with the hampered production and global trade.

Residential Air Purifiers Market Dynamics

Driver: Increasing urbanization and indoor air pollution levels

Rapid population growth and industrialization across the globe have increased the emission of volatile chemicals, toxic gases, fine particulate matter (PM), and biological components, thereby raising air pollution levels. The rise in carbon emission levels is more prominent across developing countries (such as China, India, Brazil, and Mexico) primarily because of their rapid industrialization and limited compliance to pollution monitoring & control regulations. In the Asia Pacific region, the shift of the general population from rural to urban areas is expected to encourage this phenomenon even further. According to UNFPA 2020 update, 40% of all international migrants globally originate from Asia and the Pacific, and two out of every five people in the region currently live in urban areas. This ratio will increase significantly in the next two decades as more people move from the countryside to towns and cities searching for employment and better opportunities.

Urbanization has also doubled the number of vehicle fleets that emit a significant amount of pollutant gases. Home appliances such as refrigerators are substantial emitters of chlorofluorocarbons (CFCs). Growing awareness about the adverse health effects of indoor air pollution has opened up a vast market for residential air purifiers for indoor air quality improvement and air cooling.

Restraint: Technical limitations associated with air quality monitoring products

Most portable or standalone air purifiers are limited to monitoring the air quality of only a small area and lack three-dimensional data acquisition capabilities. Many air quality monitoring systems have passive monitoring sensor nodes that require periodic and manual updating of data instead of active monitoring sensor nodes. Active monitoring sensor nodes possess automated data acquisition, data transfer, and data storage capacity through wireless or other networks. Not having active monitoring sensor nodes could result in technical limitations associated with specific air purifiers, thus adversely impacting its adoption and limiting the market growth to a certain extent.

Opportunity: Emerging markets to offer high growth opportunities

Emerging markets such as China, India, Brazil, and Russia are expected to offer significant opportunities to the manufacturers and distributors of residential air purifiers in the coming years. This can be attributed to the rising pollution levels in these countries, coupled with increasing public awareness, a growing number of diseases caused by air pollution, increased consumer expenditure due to population expansion and rising disposable incomes, and more significant government expenditure for effective air quality monitoring.

With a growth in the per capita income, increasing healthcare awareness, growing COVID-19 cases, and the vast population, the demand for a better quality of life and focus towards personal health & hygiene has also increased in these countries. Also, emerging economies in the APAC region present lucrative investment opportunities for multinational companies to offshore their business operations to these markets.

Challenge: High R&D Expenses for new product launches

The air purification industry is mainly consumer-driven. Manufacturers of air purifiers operate by gathering information about their consumers’ needs and requirements. However, consumer expectations constantly change since they prefer additional benefits and the product's essential functions. For instance, residential air purifiers that ensure allergen-free breathing are also expected to provide cooling functions. Consumers prefer additional benefits such as fine particulate filters and ozone control applications at the same price as a basic air purifier.

The HEPA technology segment is accounted for the largest share of the residential air purifiers market in 2020

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 in 2020. The growing concern for environmental sustainability and increasing public awareness pertaining to the healthcare implications of air pollution has resulted in the increased adoption of the HEPA technology in the residential air purifiers market.

The portable/stand-alone purifiers segment accounted for the largest share of the residential air purifiers market in 2020

Based on type, the residential air purifiers market is segmented into portable/stand-alone purifiers and in-duct purifiers. The portable/stand-alone purifiers accounted for the highest share of the residential air purifiers market in 2020. This is mainly due to the need to remove sources of pollutants or allergens from indoor air, growing popularity of smart homes/ambient-assisted living, and increasing public awareness pertaining to the healthcare implications of air pollution. Furthermore, their installation is cost-effective as compared to the in-duct systems.

Asia Pacific accounted for the largest share of the residential air purifiers market in 2020

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.

Residential Air Purifiers Market by Region

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Key Market Players

The prominent players in the residential air purifiers market include 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), Kent RO Systems Ltd. (India), SHIL Limited (India), IDEAL Krug & Priester GMBH & Co. KG (Germany), Havells India Ltd. (India), Molekule (US), Carrier Global (US), and Coway CO., Ltd. (South Korea).

Scope of Market

Report Metric

Details

Market size available for years

2019–2026

Base year considered

2020

Forecast period

2021–2026

Forecast units

Value (USD)

Segments covered

Technology and Type

Geographies covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Companies covered

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), Kent RO Systems Ltd. (India), SHIL Limited (India), IDEAL Krug & Priester GMBH & Co. KG (Germany), Havells India Ltd. (India), Molekule (US), Carrier Global (US), and Coway CO., Ltd. (South Korea).

The study categorizes the Residential Air Purifiers Market based on technology, type, and regional level.

Global Residential Air Purifiers Market, by Technology

  • High Efficiency Particulate Air (HEPA)
  • Other Technologies

Global Residential Air Purifiers Market, by Type

  • Portable /Stand Alone Air Purifiers
  • In-Duct Air Purifiers

Global Residential Air Purifiers Market, by Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa

Recent Developments

  • In 2021, 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.
  • In 2021, 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.
  • In 2021, 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.
  • In 2020, 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.
  • In 2020, Molekule (US) launched its India operations by introducing its air purifiers on Amazon for the Indian consumers.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 22)
    1.1 OBJECTIVES OF THE STUDY
    1.2 MARKET DEFINITION & SCOPE
           1.2.1 INCLUSIONS & EXCLUSIONS OF THE STUDY
           1.2.2 MARKET SEGMENTATION
                    FIGURE 1 RESIDENTIAL AIR PURIFIERS MARKET SEGMENTATION
           1.2.3 YEARS CONSIDERED FOR THE STUDY
    1.3 CURRENCY
           TABLE 1 EXCHANGE RATES UTILIZED FOR CONVERSION TO USD
    1.4 STAKEHOLDERS
    1.5 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 26)
    2.1 RESEARCH APPROACH
    2.2 RESEARCH METHODOLOGY DESIGN
           FIGURE 2 RESIDENTIAL AIR PURIFIERS MARKET: RESEARCH DESIGN
           2.2.1 SECONDARY RESEARCH
                    2.2.1.1 Key data from secondary sources
           2.2.2 PRIMARY DATA
                    FIGURE 3 PRIMARY SOURCES
                    2.2.2.1 Key data from primary sources
                    2.2.2.2 Insights from primary experts
                               FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS: SUPPLY-SIDE AND OTHER PARTICIPANTS
                               FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION
    2.3 MARKET SIZE ESTIMATION
           FIGURE 6 MARKET SIZE ESTIMATION: REVENUE SHARE ANALYSIS
           FIGURE 7 REVENUE SHARE ANALYSIS ILLUSTRATION
           FIGURE 8 CHINA MARKET ANALYSIS APPROACH
           FIGURE 9 CAGR PROJECTIONS FROM THE ANALYSIS OF DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           FIGURE 10 CAGR PROJECTIONS
           FIGURE 11 TOP-DOWN APPROACH
    2.4 DATA TRIANGULATION APPROACH
           FIGURE 12 DATA TRIANGULATION METHODOLOGY
    2.5 MARKET SHARE ESTIMATION
    2.6 ASSUMPTIONS FOR THE STUDY
    2.7 LIMITATIONS
           2.7.1 METHODOLOGY-RELATED LIMITATIONS
           2.7.2 SCOPE-RELATED LIMITATIONS
    2.8 RISK ASSESSMENT
           TABLE 2 RISK ASSESSMENT: RESIDENTIAL AIR PURIFIERS MARKET

3 EXECUTIVE SUMMARY (Page No. - 40)
    FIGURE 13 RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2021 VS. 2026 (USD MILLION)
    FIGURE 14 RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2021 VS. 2026 (USD MILLION)
    FIGURE 15 GEOGRAPHIC ANALYSIS: RESIDENTIAL AIR PURIFIERS MARKET

4 PREMIUM INSIGHTS (Page No. - 43)
    4.1 RESIDENTIAL AIR PURIFIERS: MARKET OVERVIEW
           FIGURE 16 RISING LEVELS OF AIR POLLUTION AND THE GROWING TREND FOR SMART HOMES ARE EXPECTED TO DRIVE THE GROWTH OF THE GLOBAL MARKET
    4.2 NORTH AMERICA: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY
           FIGURE 17 HEPA SEGMENT ACCOUNTED FOR THE LARGEST SHARE OF THE NORTH AMERICA RESIDENTIAL AIR PURIFIERS MARKET IN 2020
    4.3 RESIDENTIAL AIR PURIFIERS MARKET: GEOGRAPHIC GROWTH OPPORTUNITIES
           FIGURE 18 INDIA IS EXPECTED TO PROJECT THE HIGHEST GROWTH RATE DURING THE FORECAST PERIOD
    4.4 RESIDENTIAL AIR PURIFIERS MARKET, BY REGION (2019-2026)
           FIGURE 19 ASIA PACIFIC TO DOMINATE THE RESIDENTIAL AIR PURIFIERS MARKET UNTIL 2026
    4.5 RESIDENTIAL AIR PURIFIERS MARKET: DEVELOPED VS. DEVELOPING MARKETS
           FIGURE 20 DEVELOPING MARKETS TO REGISTER A HIGHER GROWTH RATE DURING THE FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 47)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           TABLE 3 MARKET DYNAMICS: RESIDENTIAL AIR PURIFIERS MARKET
           5.2.1 MARKET DRIVERS
                    5.2.1.1 The rising prevalence of COVID-19
                               TABLE 4 TOTAL NUMBER OF CONFIRMED COVID-19 CASES, BY REGION, (AS OF SEPTEMBER 13, 2021)
                    5.2.1.2 Increasing urbanization and indoor air pollution levels
                    5.2.1.3 Supportive government regulations for effective air pollution monitoring & control
                               TABLE 5 GOVERNMENT INITIATIVES TO COMBAT AIR POLLUTION ACROSS REGIONS
                    5.2.1.4 Increasing public awareness pertaining to the healthcare implications of air pollution
                               TABLE 6 AWARENESS PROGRAM INITIATIVES
           5.2.2 MARKET RESTRAINTS
                    5.2.2.1 High product costs
                               TABLE 7 PRICE RANGE OF AIR PURIFIERS WITH ADVANCED TECHNOLOGIES
                    5.2.2.2 Technical limitations associated with air quality monitoring products
           5.2.3 MARKET OPPORTUNITIES
                    5.2.3.1 Emerging markets to offer high growth opportunities
                               TABLE 8 COMPANY EXPANSIONS IN EMERGING MARKETS
                    5.2.3.2 Rising technological advancements
           5.2.4 MARKET CHALLENGES
                    5.2.4.1 Complex nature of indoor pollutants
                    5.2.4.2 High R&D expenses for new product launches
    5.3 INDUSTRY TRENDS
           5.3.1 MULTI-FUNCTIONAL/SMART AIR PURIFIERS
                    FIGURE 21 SMART AIR PURIFIER MARKET INSIGHTS
           5.3.2 GROWING TREND FOR SMART HOMES
    5.4 REGULATORY ANALYSIS
           5.4.1 NORTH AMERICA
           5.4.2 EUROPE
           5.4.3 ASIA PACIFIC
                    TABLE 9 TEST STANDARDS (AND RATING MATRICS) FOR AIR PURIFICATION TECHNOLOGIES
                    TABLE 10 KEY REGULATIONS & STANDARDS GOVERNING RESIDENTIAL AIR PURIFIERS MARKET
    5.5 PORTER’S FIVE FORCES ANALYSIS
           TABLE 11 PORTERS’S FIVE FORCES ANALYSIS
           5.5.1 THREAT OF NEW ENTRANTS
           5.5.2 THREAT OF SUBSTITUTES
           5.5.3 BARGAINING POWER OF SUPPLIERS
           5.5.4 BARGAINING POWER OF BUYERS
           5.5.5 INTENSITY OF COMPETITIVE RIVALRY
    5.6 TECHNOLOGY ANALYSIS
           TABLE 12 TECHNOLOGY INNOVATION IN RESIDENTIAL AIR PURIFIERS
    5.7 PRICING ANALYSIS
           TABLE 13 AVERAGE PRICE OF RESIDENTIAL AIR PURIFIERS, BY REGION (USD)
    5.8 ECOSYSTEM ANALYSIS
           5.8.1 RESIDENTIAL AIR PURIFIERS MARKET: ECOSYSTEM ANALYSIS
    5.9 PATENT ANALYSIS
           5.9.1 PATENT PUBLICATION TRENDS FOR RESIDENTIAL AIR PURIFIERS
                    FIGURE 22 PATENT PUBLICATION TRENDS (JANUARY 2011–SEPTEMBER 2021)
           5.9.2 JURISDICTION AND TOP APPLICANT ANALYSIS
                    FIGURE 23 TOP APPLICANTS & OWNERS (COMPANIES/INSTITUTIONS) FOR RESIDENTIAL AIR PURIFIERS PATENTS (JANUARY 2011–SEPTEMBER 2021)
                    FIGURE 24 TOP APPLICANT COUNTRIES/REGIONS FOR RESIDENTIAL AIR PURIFIERS PATENTS (JANUARY 2011–SEPTEMBER 2021)
                    TABLE 14 LIST OF PATENTS/PATENT APPLICATIONS IN THE RESIDENTIAL AIR PURIFIERS MARKET, 2020–2021
    5.10 IMPACT OF COVID-19 ON THE RESIDENTIAL AIR PURIFIERS MARKET

6 RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY (Page No. - 71)
    6.1 INTRODUCTION
           TABLE 15 RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
    6.2 HIGH-EFFICIENCY PARTICULATE AIR (HEPA)
           6.2.1 HEPA TECHNOLOGY IS THE MOST EFFICIENT METHOD FOR AIR PURIFICATION, THUS LEADING TO ITS INCREASED ADOPTION
                    TABLE 16 RESIDENTIAL AIR PURIFIERS MARKET FOR HEPA, BY COUNTRY, 2019–2026 (USD MILLION)
    6.3 OTHER TECHNOLOGIES
           TABLE 17 RESIDENTIAL AIR PURIFIERS MARKET FOR OTHER TECHNOLOGIES, BY COUNTRY, 2019–2026 (USD MILLION)

7 RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE (Page No. - 76)
    7.1 INTRODUCTION
           TABLE 18 RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
    7.2 PORTABLE/STAND-ALONE AIR PURIFIERS
           7.2.1 HEPA FILTERS ARE MOST COMMONLY USED IN PORTABLE AIR PURIFIER SYSTEMS
                    TABLE 19 PORTABLE AIR CLEANER SIZING FOR 80% STEADY-STATE PARTICLE REMOVAL
                    TABLE 20 PORTABLE/STAND-ALONE RESIDENTIAL AIR PURIFIERS MARKET,  BY COUNTRY, 2019–2026 (USD MILLION)
    7.3 IN-DUCT AIR PURIFIERS
           7.3.1 DUCT-BASED SYSTEMS REQUIRE FORCED-AIR HVAC SYSTEMS FOR EFFICIENT AIR PURIFICATION
                    TABLE 21 IN-DUCT RESIDENTIAL AIR PURIFIERS MARKET, BY COUNTRY, 2019–2026 (USD MILLION)

8 RESIDENTIAL AIR PURIFIERS MARKET, BY REGION (Page No. - 81)
    8.1 INTRODUCTION
           FIGURE 25 RESIDENTIAL AIR PURIFIERS MARKET: GEOGRAPHIC SNAPSHOT (2020)
           TABLE 22 RESIDENTIAL AIR PURIFIERS MARKET, BY REGION, 2019–2026 (USD MILLION)
    8.2 IMPACT OF COVID-19 ON THE RESIDENTIAL AIR PURIFIERS MARKET, BY COUNTRY/REGION
    8.3 ASIA PACIFIC
           FIGURE 26 ASIA PACIFIC: RESIDENTIAL AIR PURIFIERS MARKET SNAPSHOT
           TABLE 23 ASIA PACIFIC: RESIDENTIAL AIR PURIFIERS MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
           TABLE 24 ASIA PACIFIC: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
           TABLE 25 ASIA PACIFIC: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.3.1 CHINA
                    8.3.1.1 Increasing efforts and focus towards preventing and minimizing air pollution to drive the market growth in China
                               TABLE 26 CHINA: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 27 CHINA: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.3.2 JAPAN
                    8.3.2.1 Presence of prominent residential air purifier market players in the region to drive the market growth in Japan
                               TABLE 28 JAPAN: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 29 JAPAN: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.3.3 INDIA
                    8.3.3.1 Increasing awareness programs by the government to curb air pollution to drive the adoption of residential air purifiers in India
                               TABLE 30 INDIA: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 31 INDIA: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.3.4 SOUTH KOREA
                    8.3.4.1 Growing air pollution due to fine dust to drive market growth
                               TABLE 32 SOUTH KOREA: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 33 SOUTH KOREA: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.3.5 REST OF ASIA PACIFIC (ROAPAC)
                    TABLE 34 ROAPAC: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                    TABLE 35 ROAPAC: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
    8.4 NORTH AMERICA
           FIGURE 27 NORTH AMERICA: RESIDENTIAL AIR PURIFIERS MARKET SNAPSHOT
           TABLE 36 NORTH AMERICA: RESIDENTIAL AIR PURIFIERS MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
           TABLE 37 NORTH AMERICA: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
           TABLE 38 NORTH AMERICA: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.4.1 US
                    8.4.1.1 Presence of major market players and the growing demand for smart technologies in the US to drive the market growth
                               TABLE 39 US: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 40 US: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.4.2 CANADA
                    8.4.2.1 Increasing government investments in technology and infrastructure to drive the growth of the market
                               TABLE 41 CANADA RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 42 CANADA: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
    8.5 EUROPE
           TABLE 43 EUROPE: RESIDENTIAL AIR PURIFIERS MARKET, BY COUNTRY, 2019–2026 (USD MILLION)
           TABLE 44 EUROPE: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
           TABLE 45 EUROPE: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.5.1 GERMANY
                    8.5.1.1 Excessive level of air pollution in Germany to drive the growth of the market
                               TABLE 46 GERMANY: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 47 GERMANY: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.5.2 FRANCE
                    8.5.2.1 Focused government initiatives towards curbing energy & greenhouse emissions to drive the market growth in France
                               TABLE 48 FRANCE: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 49 FRANCE: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.5.3 UK
                    8.5.3.1 Government initiatives towards the support of energy-efficient products and green infrastructure to drive the market growth
                               TABLE 50 UK: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 51 UK: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.5.4 ITALY
                    8.5.4.1 Growing focus on curbing air pollution and fine dust particle levels to drive the growth of the market
                               TABLE 52 ITALY: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 53 ITALY: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.5.5 SPAIN
                    8.5.5.1 Increasing focus on personal health and the growing number of COVID-19 cases to support the market growth in Spain
                               TABLE 54 SPAIN: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 55 SPAIN: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.5.6 REST OF EUROPE
                    TABLE 56 ROE: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                    TABLE 57 ROE: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
    8.6 LATIN AMERICA
           TABLE 58 LATIN AMERICA: RESIDENTIAL AIR PURIFIERS MARKET, BY COUNTRY/REGION, 2019–2026 (USD MILLION)
           TABLE 59 LATIN AMERICA: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
           TABLE 60 LATIN AMERICA: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.6.1 BRAZIL
                    8.6.1.1 The rising concern regarding air pollution in the major cities of Brazil to support the market growth for residential air purifiers
                               TABLE 61 BRAZIL: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 62 BRAZIL: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.6.2 MEXICO
                    8.6.2.1 Green building initiatives and rising carbon emissions to drive the market growth for air purifiers in Mexico
                               TABLE 63 MEXICO: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                               TABLE 64 MEXICO: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
           8.6.3 REST OF LATIN AMERICA
                    TABLE 65 ROLATAM: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                    TABLE 66 ROLATAM: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)
    8.7 MIDDLE EAST & AFRICA
           8.7.1 RISING CONCERNS OF ENVIRONMENTAL DEGRADATION WILL DRIVE THE MARKET GROWTH IN THE COMING YEARS
                    TABLE 67 MIDDLE EAST & AFRICA: RESIDENTIAL AIR PURIFIERS MARKET, BY TECHNOLOGY, 2019–2026 (USD MILLION)
                    TABLE 68 MIDDLE EAST & AFRICA: RESIDENTIAL AIR PURIFIERS MARKET, BY TYPE, 2019–2026 (USD MILLION)

9 COMPETITIVE LANDSCAPE (Page No. - 114)
    9.1 OVERVIEW
    9.2 KEY PLAYER STRATEGIES/RIGHT TO WIN
           9.2.1 OVERVIEW OF STRATEGIES ADOPTED BY PLAYERS IN THE RESIDENTIAL AIR PURIFIERS MARKET
    9.3 REVENUE SHARE ANALYSIS OF THE TOP MARKET PLAYERS
           FIGURE 28 REVENUE ANALYSIS OF KEY PLAYERS IN THE RESIDENTIAL AIR PURIFIERS MARKET
    9.4 MARKET SHARE ANALYSIS
           FIGURE 29 RESIDENTIAL AIR PURIFIERS MARKET SHARE, BY KEY PLAYER, 2020
           TABLE 69 RESIDENTIAL AIR PURIFIERS MARKET: DEGREE OF COMPETITION
    9.5 COMPETITIVE BENCHMARKING
           TABLE 70 FOOTPRINT OF COMPANIES IN THE RESIDENTIAL AIR PURIFIERS MARKET
           TABLE 71 PRODUCT FOOTPRINT OF COMPANIES (20 COMPANIES)
           TABLE 72 REGIONAL FOOTPRINT OF COMPANIES (20 COMPANIES)
    9.6 COMPETITIVE LEADERSHIP MAPPING
           9.6.1 STARS
           9.6.2 EMERGING LEADERS
           9.6.3 PERVASIVE PLAYERS
           9.6.4 PARTICIPANTS
                    FIGURE 30 RESIDENTIAL AIR PURIFIERS MARKET: COMPETITIVE LEADERSHIP MAPPING (2020)
    9.7 COMPETITIVE LEADERSHIP MAPPING FOR OTHER COMPANIES
           9.7.1 PROGRESSIVE COMPANIES
           9.7.2 DYNAMIC COMPANIES
           9.7.3 STARTING BLOCKS
           9.7.4 RESPONSIVE COMPANIES
                    FIGURE 31 RESIDENTIAL AIR PURIFIERS MARKET: COMPETITIVE LEADERSHIP MAPPING FOR OTHER COMPANIES (2020)
    9.8 COMPETITIVE SCENARIO
           9.8.1 PRODUCT/APPROVALS/ENHANCEMENTS
                    TABLE 73 PRODUCT APPROVALS/ENHANCEMENTS, 2018–2021
           9.8.2 DEALS
                    TABLE 74 DEALS, 2018–2021
           9.8.3 OTHER DEVELOPMENTS
                    TABLE 75 OTHER DEVELOPMENTS, 2018–2021

10 COMPANY PROFILES (Page No. - 130)
     10.1 KEY PLAYERS
             10.2.5 COWAY CO., LTD.: COMPANY OVERVIEW
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
             10.1.1 DAIKIN INDUSTRIES, LTD.
                       TABLE 76 DAIKIN INDUSTRIES, LTD.: BUSINESS OVERVIEW
                       FIGURE 32 DAIKIN INDUSTRIES, LTD.: COMPANY SNAPSHOT (2020)
             10.1.2 SHARP CORPORATION
                       TABLE 77 SHARP CORPORATION: BUSINESS OVERVIEW
                       FIGURE 33 SHARP CORPORATION: COMPANY SNAPSHOT (2020)
             10.1.3 HONEYWELL INTERNATIONAL INC.
                       TABLE 78 HONEYWELL INTERNATIONAL INC.: BUSINESS OVERVIEW
                       FIGURE 34 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT (2020)
             10.1.4 PANASONIC CORPORATION
                       TABLE 79 PANASONIC CORPORATION: BUSINESS OVERVIEW
                       FIGURE 35 PANASONIC CORPORATION: COMPANY SNAPSHOT (2020)
             10.1.5 LG ELECTRONICS, INC.
                       TABLE 80 LG ELECTRONICS, INC.: BUSINESS OVERVIEW
                       FIGURE 36 LG ELECTRONICS, INC.: COMPANY SNAPSHOT (2020)
             10.1.6 KONINKLIJKE PHILIPS N.V
                       TABLE 81 KONINKLIJKE PHILIPS N.V.: BUSINESS OVERVIEW
                       FIGURE 37 KONINKLIJKE PHILIPS N.V: COMPANY SNAPSHOT (2020)
             10.1.7 DYSON LTD.
                       TABLE 82 DYSON LTD.: BUSINESS OVERVIEW
             10.1.8 SAMSUNG ELECTRONICS LTD.
                       TABLE 83 SAMSUNG ELECTRONICS LTD.: BUSINESS OVERVIEW
                       FIGURE 38 SAMSUNG ELECTRONICS LTD.: COMPANY SNAPSHOT (2020)
                       TABLE 84 UNILEVER GROUP: BUSINESS OVERVIEW
                       FIGURE 39 UNILEVER GROUP: COMPANY SNAPSHOT (2020)
             10.1.10 WHIRLPOOL CORPORATION
                       TABLE 85 WHIRLPOOL CORPORATION: BUSINESS OVERVIEW
                       FIGURE 40 WHIRLPOOL CORPORATION: COMPANY SNAPSHOT (2020)
             10.1.11 ALLERAIR INDUSTRIES, INC.
                       TABLE 86 ALLERAIR INDUSTRIES, INC.: BUSINESS OVERVIEW
             10.1.12 IQAIR
                       TABLE 87 IQAIR: BUSINESS OVERVIEW
             10.1.13 WINIX CO., LTD.
                       TABLE 88 WINIX CO. LTD.: BUSINESS OVERVIEW
             10.1.14 XIAOMI CORPORATION
                       TABLE 89 XIAOMI CORPORATION: BUSINESS OVERVIEW
                       FIGURE 41 XIAOMI CORPORATION: COMPANY SNAPSHOT (2020)
             10.1.15 CAMFIL AB
                       TABLE 90 CAMFIL AB: BUSINESS OVERVIEW
             10.1.16 AIRPURA INDUSTRIES INC.
                       TABLE 91 AIRPURA INDUSTRIES INC.: BUSINESS OVERVIEW
             10.1.17 AIRGLE CORPORATION
                       TABLE 92 AIRGLE CORPORATION: BUSINESS OVERVIEW
             10.1.18 HUNTER PURE AIR
                       TABLE 93 HUNTER PURE AIR: BUSINESS OVERVIEW
             10.1.19 KENT RO SYSTEMS LTD.
                       TABLE 94 KENT RO SYSTEMS LTD.: BUSINESS OVERVIEW
             10.1.20 SOMANY HOME INNOVATION LIMITED (WHOLLY OWNED SUBSIDIARY OF HSIL)
                       TABLE 95 SOMANY HOME INNOVATION LIMITED: BUSINESS OVERVIEW
                       FIGURE 42 SOMANY HOMEINNOVATION LIMITED: COMPANY SNAPSHOT (2020)
     10.2 OTHER PLAYERS
             10.2.1 IDEAL KRUG & PRIESTER GMBH & CO. KG: COMPANY OVERVIEW
             10.2.2 HAVELLS INDIA LTD.: COMPANY OVERVIEW
             10.2.3 MOLEKULE: COMPANY OVERVIEW
             10.2.4 CARRIER GLOBAL: COMPANY OVERVIEW

*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

11 APPENDIX (Page No. - 181)
     11.1 INSIGHTS FROM INDUSTRY EXPERTS
     11.2 DISCUSSION GUIDE
     11.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     11.4 AVAILABLE CUSTOMIZATIONS
     11.5 RELATED REPORTS
     11.6 AUTHOR DETAILS

This study involved the extensive use of both primary and secondary sources. The research process involved the study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, key market dynamics, and key player strategies.

Secondary Research

This research study involved the use of comprehensive secondary sources; directories and databases such as D&B, Bloomberg Business, and Factiva; and white papers, annual reports, and company house documents. Secondary research was used to identify and collect information for this extensive, technical, market-oriented, and commercial study of the global residential air purifiers market. It was also used to obtain important information about the top players, market classification, and segmentation according to industry trends to the bottom-most level, geographic markets, technology perspectives, and key developments related to the market. A database of the key industry leaders was also prepared using secondary research.

Primary Research

In the primary research process, various sources from both the supply side and other participants were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include industry experts such as CEOs, vice presidents, marketing and sales directors, technology and innovation directors, and related key executives from various key companies and organizations operating in the residential air purifiers market. The primary sources from the other participants group include private consultants, product development Engineers and Research & Development team.

Residential Air Purifiers Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The market size estimates and forecasts provided in this study are derived through a mix of the bottom-up approach (segmental analysis of major segments) and top-down approach (assessment of utilization/adoption/penetration trends, by technology, type, and region).

Data Triangulation

After arriving at the market size, the total residential air purifiers market was divided into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments & subsegments, data triangulation, and market breakdown procedures were employed, wherever applicable.

Objectives of the Study

  • To define, describe, segment, and forecast the residential air purifiers market by technology, type and by region.
  • To provide detailed information about the factors influencing the market growth (such as drivers, restraints, opportunities, and challenges)
  • To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall residential air purifiers market
  • To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
  • To forecast the size of the residential air purifiers market in five main regions (along with their respective key countries), namely, North America, Europe, the Asia Pacific, Latin America, and the Middle East & Africa
  • To profile the key players in the residential air purifiers market and comprehensively analyze their core competencies and market shares
  • To track and analyze competitive developments such as acquisitions, product launches, expansions, collaborations, agreements, partnerships, and R&D activities of the leading players in the residential air purifiers market
  • To benchmark players within the residential air purifiers market using the Competitive Leadership Mapping framework, which analyzes market players on various parameters within the broad categories of business strategy, market share, and product offering

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per your company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five)

Geographic Analysis

  • Further breakdown of the Europe residential air purifiers market into Switzerland, Netherlands, and RoE
  • Further breakdown of the MEA (the Middle East & Africa) residential air purifiers market into the UAE, Saudi Arabia, and other MEA countries
COVID-19

Get in-depth analysis of the COVID-19 impact on the Residential Air Purifiers Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Residential Air Purifiers Market

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Oct, 2021
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