The U.S. Residential Air Purifiers market is poised to grow at a CAGR of 5.1% by 2028 Factors such as increasing airborne diseases and growing health consciousness among consumers are driving the market
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.
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.
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 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. |
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.
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.
The major players operating in the U.S. Residential Air Purifiers market are Austin Air, Blueair, Honeywell, IQAir, and Sharp among others.
By Type
By Region
FrequentlyAsked Questions
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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