The U.S. Residential Air Purifiers market accounted for USD 2.4 Billion in 2020 and is expected to reach USD 3.6 Billion by 2028, growing at a CAGR of around 5.1% between 2021 and 2028.
Market Overview
The U.S. Residential Air Purifiers market accounted for USD 2.4 Billion in 2020 and is expected to reach USD 3.6 Billion by 2028, growing at a CAGR of around 5.1% between 2021 and 2028.
An air purifier is a device based on advance technology used to purify the indoor air and remove unwanted dust and microbes. Residential air purifiers absorb and decompose different air pollutants such as allergens, decoration pollution PM2.5, odors, bacteria, and dust among others. Most common types of air purifier typically contain a filtering material, sealant, frame, faceguard, and gasket. Different type of air purifiers includes high-efficiency particulate air (HEPA), ion and ozone generators, electrostatic purifiers, UV technology, activated carbon technology among others.
COVID-19 Impact Analysis:
The U.S. Residential Air Purifiers market has witnessed a decline during the pandemic as the restrictions imposed by various nations to contain COVID had stopped the production resulting in a disruption across the whole supply chain. However, the markets are slowly opening to their full potential and theirs a surge in demand.
The market would remain lucrative in upcoming year. The decrease in the U.S. Residential Air Purifiers market size in 2020 is estimated on the basis of the COVID-19 outbreak and its negative impact on the economies and industries across the globe. Various scenarios have been analyzed on the basis of inputs from various secondary sources and the current data available about the situation.
Growth Factors
The residential air purifiers market is expected to witness significant growth due to the increasing air pollution and health-related issues such as asthma and allergies. The major driving factor for residential air purifiers market is increasing disposable income in U.S. that simultaneously increases the demand of luxurious lifestyle. In addition, the demand from growing construction activities is expected to have a positive impact on residential air purifiers market. The high demand of low range residential air purifiers from price conscious people is also expected to develop a potential growth in key players of this market. Product innovations and vertical integration to improve affordability is likely to open new market avenues in the near future. However, some restraints like low profit margins due to augmented competition and volatile prices of raw materials used in manufacturing of residential air purifiers may hamper the growth of this market.
Report Scope:
Report Attribute | Details |
---|---|
Base Year | 2020 |
Historic Years | 2016 - 2020 |
Forecast Years | 2021 - 2028 |
Segments Covered | By Product Type, By Application, and By End Use |
Forecast Units | Value (USD Billion), and Volume (Units) |
Quantitative Units | Revenue in USD million/billion and CAGR from 2021 to 2028 |
Regions Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World |
Countries Covered | U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others |
Number of Companies Covered | 10 companies with scope for including additional 15 companies upon request |
Report Coverage | Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis. |
Customization Scope | Avail customized purchase options to meet your exact research needs. |
Segment Analysis Preview
On the basis of types, the U.S. residential air purifiers market is divided into HEPA, Ion and ozone generators, electrostatic precipitators and others. The different types of air purifiers are categorized based on the technologies used in their manufacturing. HEPA was a major type segment of residential air purifiers market and constituted around 45% share of the U.S. demand in 2020. It is expected to continue its dominance in U.S. market over the forecast period due to the high effectiveness of trapping airborne particles and widespread adoption in residential applications. Electrostatic precipitators are the second largest type segment of the residential air purifiers market.
Region Analysis Preview
The U.S. residential air purifier market is segmented into four major regions includes South, West, Midwest and Northeast. The demand for residential air purifier was highest in South region accounted for over 40% of the total market share in 2020. However, Northeast region is expected to witness highest growth rate during the forecast period.
Key Market Players & Competitive Landscape
The major players operating in the U.S. Residential Air Purifiers market are Austin Air, Blueair, Honeywell, IQAir, and Sharp among others.
The U.S. Residential Air Purifiers market is segmented as follows:
By Type
By Region
List of Figures
FIG NO. 1. Market Attractiveness Analysis, By Type
FIG NO. 4. Market Attractiveness Analysis, By Region
FIG NO. 5. U.S. Residential Air Purifiers market Revenue, 2016 – 2028 (USD Billion)
FIG NO. 6. Impact of COVID-19 Pandemic in North America Countries
FIG NO. 7. Market Revenue Share, By Type, 2020 & 2028
FIG NO. 8. U.S. Residential Air Purifiers market for HEPA, Revenue (USD Billion) 2016 – 2028
FIG NO. 9. Comparative Revenue Analysis of U.S. Residential Air Purifiers Market for HEPA, By Country, 2020 & 2028
FIG NO. 10. U.S. Residential Air Purifiers market for Ion and Ozone Generators, Revenue (USD Billion) 2016 – 2028
FIG NO. 11. Comparative Revenue Analysis of U.S. Residential Air Purifiers Market for Ion and Ozone Generators, By Country, 2020 & 2028
FIG NO. 12. U.S. Residential Air Purifiers market for Electrostatic Precipitators, Revenue (USD Billion) 2016 – 2028
FIG NO. 13. Comparative Revenue Analysis of U.S. Residential Air Purifiers Market for Electrostatic Precipitators, By Country, 2020 & 2028
FIG NO. 14. U.S. Residential Air Purifiers market for Others, Revenue (USD Billion) 2016 – 2028
FIG NO. 15. Comparative Revenue Analysis of U.S. Residential Air Purifiers Market for Others, By Country, 2020 & 2028
FIG NO. 16. U.S. Residential Air Purifiers market Revenue Share, By Region, 2020 & 2028
FIG NO. 17. North America U.S. Residential Air Purifiers Market Revenue, 2016 - 2028 (USD Billion)
FIG NO. 18. Porter’s Five Forces Analysis for U.S. Residential Air Purifiers market
FIG NO. 19. PEST Analysis for U.S. Residential Air Purifiers market
FIG NO. 20. Pricing Analysis for U.S. Residential Air Purifiers market
FIG NO. 21. Value Chain Analysis for U.S. Residential Air Purifiers market
FIG NO. 22. Company Share Analysis, 2019
FIG NO. 23. Radar Determinant Chart, 2019
FIG NO. 24. Company Strategic Developments – Heat Map Analysis
FIG NO. 25. Austin Air Business Segment Revenue Share, 2020 (%)
FIG NO. 26. Austin Air Geographical Segment Revenue Share, 2020 (%)
FIG NO. 27. Market Channels
FIG NO. 28. Marketing Channel Development Trend
FIG NO. 29. Growth in World Gross Product, 2008-2018
FIG NO. 30. Research Methodology – Detailed View
FIG NO. 31. Research Methodology
List of Tables
TABLE NO. 1. U.S. Residential Air Purifiers market: Snapshot
TABLE NO. 2. Quarterly U.S. Residential Air Purifiers Market Revenue by Region, 2020
TABLE NO. 3. Quarterly U.S. Residential Air Purifiers Market Revenue Forecast by Region, 2021
TABLE NO. 4. Pre COVID-19 Market Revenue, By Region, 2016-2019 (USD Billion)
TABLE NO. 5. Post COVID-19 Market Revenue, By Region, 2020-2028 (USD Billion)
TABLE NO. 6. U.S. Residential Air Purifiers market for HEPA, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 7. U.S. Residential Air Purifiers market for Ion and Ozone Generators, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 8. U.S. Residential Air Purifiers market for Electrostatic Precipitators, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 9. U.S. Residential Air Purifiers market for Others, by Region, 2016 – 2028 (USD Billion)
TABLE NO. 10. U.S. Residential Air Purifiers Market Revenue, By Region, 2016 – 2028 (USD Billion)
TABLE NO. 11. South U.S. Residential Air Purifiers Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 12. West U.S. Residential Air Purifiers Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 13. Midwest U.S. Residential Air Purifiers Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 14. Northeast U.S. Residential Air Purifiers Market Revenue, By Type, 2016 – 2028 (USD Billion)
TABLE NO. 15. Drivers for the U.S. Residential Air Purifiers Market: Impact Analysis
TABLE NO. 16. Restraints for the U.S. Residential Air Purifiers Market: Impact Analysis
TABLE NO. 17. Major Buyers of U.S. Residential Air Purifiers
TABLE NO. 18. Distributors/Traders List of U.S. Residential Air Purifiers
TABLE NO. 19. U.S. Residential Air Purifiers market, Company Market Revenue, 2016 – 2019 (USD Billion)
TABLE NO. 20. U.S. Residential Air Purifiers market, Company Y-o-Y Growth, 2017 – 2019 (USD Billion)
This report is based on in-depth qualitative and quantitative analyses of the global Residential Air Purifiers market. Zion Research has collected and analyzed key data belong to the global Residential Air Purifiers market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.
The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined afterconducting a detailed study of the micro and macroeconomic indicators of the market.
Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Residential Air Purifiers across the world has been calculated through primary and secondary research.
Zion Research employs combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include, STATISTA, trade journals, trade associations, statistical data from government websites, etc.
For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assistedin validation of findings from secondary research and to understand key trends in the Residential Air Purifiers industry. Primary research makes up major source of data collection and validation.
Primary Research
We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:
Participants who typically participate in such a process include, but are not limited to:
Key opinion leaders specializing in different areas corresponding to different industry verticals
Secondary Research
Secondary research sources that are typically referred to include, but are not limited to:
News articles, press releases and webcasts specific to companies operating in the market
Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Residential Air Purifiers market.
Models
Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:
An air purifier is a device generally used to clean the indoor air by removing unwanted dust and microbes. Growing importance of better indoor air quality and rising concerns over health-related issues such as asthma and allergies has propelled the demand for air purifiers in the U.S. Most common types of air purifier typically involve a filtering material, sealant, frame, faceguard, and gasket. Most common type of air purifiers are high-efficiency particulate air (HEPA), ion and ozone generators, electrostatic purifiers, UV technology, activated carbon technology among others.
The major driving factor for residential air purifier market is growing awareness about air pollution and other health related issues created due to the increasing use of vehicles, urbanization etc. Increasing construction activities in U.S. over the past couple of years increases the demand of residential air purifiers rapidly. Moreover, government regulations on environmental protection, especially by the EPA (The United States Environmental Protection Agency) fueled the residential air purifier market. However, this market is experiencing low-profit margins due to increased competition and volatile prices of raw materials.
HEPA, Ion and ozone generators, electrostatic precipitators and others are the type segment of residential air purifiers market. Among all, HEPA technology accounted for the largest share of the residential air purifiers market in 2015. It accounted for 44.72% share of the market.
The U.S. residential air purifier market is segmented into four major regions including South, West, Midwest, and Northeast. The demand for residential air purifier was highest in South region and accounted for more than 30% of the total market share in 2015.
Some of the key player for U.S. residential air purifier marketincludesAustin Air, Blueair, Honeywell, IQAir, and Sharp. Recently one of the leading manufacturers, Honeywell launched new Bluetooth Smart True HEPA (high-efficiency particulate air) allergen removers that can easily connect to user handset.
Request the coronavirus impact analysis across industries and markets
The U.S. Residential Air Purifiers market was valued at USD 2.4 Billion in 2020.
The U.S. Residential Air Purifiers market is expected to reach USD 3.6 Billion by 2028, growing at a CAGR of 5.1% between 2021 to 2028.
The key factor driving the U.S. Residential Air Purifiers market growth is the increasing air pollution and health-related issues such as asthma and allergies.
The demand for residential air purifier was highest in South region.
The major players operating in the U.S. Residential Air Purifiers market are Austin Air, Blueair, Honeywell, IQAir, and Sharp among others.
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