NEW
YORK, June 20, 2024 /PRNewswire/ -- The
global residential portable air purifier market size is
estimated to grow by USD
6.30 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of over 15.67%
during the forecast period. Technological innovations and portfolio
extension leading to product premiumization is driving market
growth, with a trend towards smart-connectivity in
residential portable air purifiers. However, increase in r and
d investments and decrease in profit margin poses a challenge. Key
market players include 3M Co.,
AllerAir Industries Inc., AustinAir, Camfil AB, Daikin
Industries Ltd., Dyson Group Co., Honeywell International Inc.,
IQAir AG, Koninklijke Philips N.V., LG Electronics Inc., Lifa Air
Plc, NAP SYSTEMS, Newell Brands Inc., Panasonic Holdings Corp.,
Samsung Electronics Co. Ltd., Sharp Corp., Unilever PLC, Whirlpool
Corp., Winix America Inc., and Xiaomi Communications Co. Ltd..
Get a detailed analysis on regions, market
segments, customer landscape, and companies - Click for the
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Product (Dust
collectors, Fume and smoke collectors, and Others), Technology
(High-efficiency particulate air, Electrostatic precipitators,
Ionizers and ozone generators, and Others), and Geography (North
America, Europe, APAC, South America, and Middle East and
Africa)
|
Region
Covered
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Key companies
profiled
|
3M Co., AllerAir
Industries Inc., AustinAir, Camfil AB, Daikin Industries Ltd.,
Dyson Group Co., Honeywell International Inc., IQAir AG,
Koninklijke Philips N.V., LG Electronics Inc., Lifa Air Plc, NAP
SYSTEMS, Newell Brands Inc., Panasonic Holdings Corp., Samsung
Electronics Co. Ltd., Sharp Corp., Unilever PLC, Whirlpool Corp.,
Winix America Inc., and Xiaomi Communications Co. Ltd.
|
Key Market Trends Fueling Growth
ai_trending_factor_new
The residential portable air purifier market is driven by
vendors' focus on innovation, with smart-connected models gaining
popularity. Consumers seek convenient, tech-enhanced products.
Honeywell, Blueair, and Xiaomi integrate smart features into air
purifiers, using technologies like non-thermal plasma,
electrostatic precipitators, and UV-C lamps. These devices target
urban households, offering health benefits against smallest
particles, pet dander, and other pollutants. Smart sensors and
affordability make these gadgets accessible household goods and
cleaning supplies.
Research report provides comprehensive data on
impact of trend. For more details- Download a Sample
Report
Market Challenges
- ai_dominating_segment_factor_new
- The residential portable air purifier market experiences growth
due to heightened air quality concerns and advanced technologies.
Vendors invest heavily in R&D for differentiation, leading to
increased operational costs and reduced profit margins. Keywords:
Comfort, Market snapshot, HEPA filters, Dust Collectors, Indoor air
quality, Respiratory diseases, Environmental regulations, Airborne
diseases, Urban areas, Health consciousness, Standards of living,
Developing regions, Air purification technologies, UV irradiation,
Pollutants, Premature deaths, Volatile Organic Compounds, Viruses,
Bacteria, Mold, Gases, Fumes, Odors.
For more insights on driver and
challenges - Download a Sample Report
Segment Overview
This residential portable air purifier market report extensively
covers market segmentation by
- Product
- 1.1 Dust collectors
- 1.2 Fume and smoke collectors
- 1.3 Others
- Technology
- 2.1 High-efficiency particulate air
- 2.2 Electrostatic precipitators
- 2.3 Ionizers and ozone generators
- 2.4 Others
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 Dust collectors- The Residential Portable Air
Purifier Market continues to gain momentum in response to rising
health issues caused by Air pollution in urban areas. With an
increasing global population, particularly the working-class and
emerging middle class, the demand for clean Indoor air quality is
on the rise. Health concerns, including respiratory diseases like
asthma and allergies, triggered by Airborne particles such as dust
mites, molds, and pet dander, are driving market growth. Key
players offer Robust after-sales services, ensuring
Cost-effectiveness and Competitive pricing. The Healthcare sector
and Convenience stores are significant markets, as consumers seek
solutions for improving Air quality in their homes. Urbanization
and Lifestyles contribute to high Pollution levels, necessitating
the use of HEPA filters and Dust Collectors with High-efficiency
Particulate Air filtration technology. Environmental regulations
and growing Health consciousness are further fueling market growth.
Market Snapshot: The Residential Portable Air Purifier Market is
expected to reach USDXX billion by 2025, with key players investing
in Activated Carbon Filtration and advanced technologies to cater
to the needs of Amusement parks, HVAC systems, and other
industries.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
In today's urbanized world, the residential portable air
purifier market has emerged as a crucial solution to combat the
damaging effects of air pollution on health. With the increasing
urbanization and lifestyle changes, the working-class population
and urban youth are particularly vulnerable to airborne diseases.
The World Health Organization emphasizes the importance of
maintaining good air quality in homes and workplaces to ensure
optimal health benefits. Robust after-sales services, competitive
pricing, and portability are driving forces behind the growing
popularity of these gadgets. As standards of living improve in
developing regions, the demand for air purifiers is expected to
surge. Despite the expensive initial investment, the long-term
health benefits make them an attractive alternative for those
seeking to mitigate the harmful impacts of urbanization on their
well-being.
Market Research Overview
The Residential Portable Air Purifier market is experiencing
significant growth due to increasing environmental concerns and the
need for improved indoor air quality. These devices utilize various
technologies such as HEPA filters, activated carbon filters, UV-C
light, and ionizers to remove pollutants and allergens from the
air. Urbanization, rising disposable income, and awareness about
health issues are key factors driving market expansion. Comfort and
convenience are also major considerations, as portable air
purifiers offer flexibility and ease of use compared to central air
conditioning systems. Companies like HepaFilter, Philips, and Coway
are major players in this market, providing a range of products
catering to different consumer needs and preferences. The market is
expected to continue its upward trend in the coming years, with a
focus on energy efficiency, affordability, and advanced filtration
technologies.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Product
-
- Dust Collectors
- Fume And Smoke Collectors
- Others
- Technology
-
- High-efficiency Particulate Air
- Electrostatic Precipitators
- Ionizers And Ozone Generators
- Others
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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