Residential Air Purifier Market: Global Size, Share, Trends, Growth and Forecast 2022-2032
Residential Air Purifier Market: Overview and Definition
The global residential air purifiers market in terms of revenue was estimated to be worth USD 9.9 billion in 2021 and is poised to reach USD 17.5 billion by 2032, growing at a CAGR of 8.5% from 2022 to 2032. Factors such as, rising air pollution level across the globe coupled with increasing health concerns among population are encouraging the growth of global residential air purifier market. Further, continuous innovation and development in air purifier technology is also a major factor that may positively affect the demand for residential air purifier in upcoming years.
The research offers a comprehensive analysis of residential air purifier market with respect to following sub-markets:
By Product Type
- In-Duct Residential Air Purifiers
- Stand-Alone Residential Air Purifiers
- Ozone generators
- Electrostatic Air Purifiers
By Distribution Channel
- Online Stores
- Offline Stores
By Price Range
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
The report profiles various major market players such as;
- KENT RO Systems Ltd.
- Koninklijke Philips N.V.
- Air Oasis LLC
- Hitachi Air Conditioning
- LG Electronics
- Other Major & Niche Players
Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.
The study also provides company’s positioning and market share in residential air purifier market.
Timeline Considered for Analysis:
- 2019: Base Year
- 2020: Estimated Year
- 2020 to 2025: Forecasted Year
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the global residential air purifier market by the following segments:
- Product Type
- Distribution Channel
- Price Range
Geographic Market Analysis:
The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.
Customization: We also offers customization’s in the industry report as per the company’s specific needs.
Key Questions Answered in the Global Residential Air Purifier Industry Report
- What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?