Residential Portable Air Purifier Market Size, Share, Growth, and Industry Analysis, By Type (HEPA, Active Carbon, Electrostatic Precipitator, Ion and Ozone Generator, Others), By Application (Living room, Bed room, Kitchen, Others), and Regional insights and Forecast to 2031

Updated On: 22 April 2024

residential portable air purifier market Report Overview

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The global residential portable air purifier market size was 5803.98 million in 2021 and is expected to reach USD 9917.39 million in 2027, at CAGR of 9.34% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with residential portable air purifier market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market growth and demand returning to pre-pandemic levels once the pandemic is over. 

Air purifiers are the type of purifiers which can be defined as the devices that are situated indoors for the operation of purifying of the surrounding air, cleaning them of any impurities, allergen and bacteria. These devices generally consist of a number of filters inside their structure along with an exhaust which forces the filtered air out from the device. Rising levels of industrialization and urbanization leading to growing construction activities and discharge of pollution, rising technological advancements and modernization in the product and rising research and development activities in the market will further create new opportunities for residential manageable air purifier market in the forecast period. The aim of the quickly growing global residential air purifier market is to improve household indoor air quality. Residential air purifiers are equipment used to eradicate allergens and pollutants from the air, such as smoke, pollen, dust, and pet dander. The market is being powered by improvements in air purifier technology that make devices more operative and reasonable.

Smart air purifiers that can be controlled using a smartphone app also driven the market growth. With the rising inhabitants in town areas where air pollution is more concentrated air purifiers are likely to grow. People across the world are spending more on home improvements and air purification systems as a result of an augmented health awareness and increasing disposable income. Participating are fixing their efforts on encouraging R&D. Manufacturers need to stay updated with changing market trends and develop products that meet growing consumer needs. Technological development are supporting the regional market growth. Companies coming up with progressive technological solutions for firming their positions.

COVID-19 Impact: Pandemic hampered the market due to unexpected disruption in the sector

COVID- 19 pandemic has extremely affected the whole world. It caused many unexpected disruption and affected the industry. COVID- 19 had negative impact on the market due to economic slowdown, unpredictability in financial sector and high unstable market. The pandemic resulted in decreased demand due to a disrupted supply chain, drop in sales of products, delivery schedules. Travel bans imposed affected business collaboration and partnership. Demand had recently reduced due to travel bans and lockdown during the COVID-19 pandemic. The continuous loss in the business due to the lockdown measures is projected to directly influence the growth of the investments in the market.

Latest Trends

"Use of innovative products to boost the market growth "

Technological improvement and development will further enhance the presentation of the product, allowing it to obtain a varied range of requests in the market. Technological advancement will improve performance and propel the market growth. Technological advancement with high demand are increasingly setting a force to increase the productivity. Some players focus on product improvement to meet consumer requirements and likings. Constant innovation in manufacturing of products is anticipated to stimulate product demand.

residential portable air purifier market Segmentation

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• By Type Analysis

According to type, the market can be segmented into HEPA, active carbon, electrostatic precipitator, Ion and ozone generator, others.

HEPA will capture the maximum market share through forecast period.

• By Application Analysis

According to application, the market can be segmented into living room, bed room, kitchen, others.

Residential portable air purifier market players cover segment as living room will dominate the market share during forecast period.

Driving Factors

"Increase in health concerns to boost the market growth"

The increasing prevalence of airborne diseases and increasing levels of pollution in urban areas across the globe have been the key factors favouring the growth of this market for residential air purifiers.  Air pollution has been linked to several health issues, such as respiratory problems, allergies, and asthma. With growing concerns about these ailments, people are more willing to invest in air purifiers to enhance their indoor air quality.

"Technological advancement and development to upsurge the market"

Technological advancements and innovation activate unique revenue augmenting opportunity which will upsurge the residential portable air purifier market growth. Growing investment in research and development activities and growing awareness about benefits are expected to deliver profitable opportunities for the market. The rapid advancements in modern technologies offer manufacturers a chance to innovate and design more efficient air purifiers.

Restraining Factors

"High cost of purifier to hamper the market growth"

High cost is hampering development of residential portable air purifier market. High-end models can be quite expensive, making it challenging for some consumers to defend purchasing them. Lack of knowledge and awareness is also another factor which is depleting the market growth. Technical difficulties will reduce the industry revenue.

residential portable air purifier market Regional Insights

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"Asia Pacific to dominate the region due to increasing awareness"

Asia Pacific is further expected to witness growth in the residential portable air purifier market share. The region is dominating the market due to growing awareness of indoor air pollution and the accessibility of high-tech purifiers. The rising inhabitants and increasing income levels are also contributing to the development of the market. Upsurge in investments by key market players for the R&D undertakings and enlargement of their production abilities and product portfolios are projected to upsurge the growth. The expansion of regional market is being aided by technological developments.

Key Industry Players

"Key players focus on partnerships to gain competitive advantage"

The key players are dynamically contributing in strategic events that are aimed at maintaining strong market position and increasing market share by merger, partnerships and others. Key players are motivated to introduce new innovative products. They are spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market. The market changes are dynamic such as market expansion, partnership and merger.

List of Market Players Profiled

• Whirlpool (U.S.)
• Panasonic (Japan)
• Philips (Netherlands)
• Sharp (Japan)
• Daikin (Japan)

Report Coverage

The report provides scrutiny and information according to market sectors. Business overview, financial overview, product portfolio, new project launch, recent development enquiry are the factors included in the profile. The report incorporates completely examined and appraised evidence of the noticeable players and their position in the market by methods for various descriptive tools. The report covers national and regional level market size and forecast. The report gives businesses the facility to research new prospect in many areas. The report shows to be an operational tool that players can use to gain a competitive superiority over their opponents and ensure lasting achievement in the market.