The residential air purifier market in North American is projected to experience a steady compound annual growth rate (CAGR) of 5.2% throughout the forecast period. This growth can be attributed to the widespread adoption of residential air purifiers among households in North America, driven primarily by stringent air quality regulations such as those enforced by the U.S. Environmental Protection Agency (EPA) and the U.S. Clean Air Act. In addition, comprehensive strategies aimed at reducing emissions, as implemented by Environment Canada, further contribute to the increasing acceptance of residential air purifiers within the region.
The global residential air purifier market reached a value of $3.8 billion in 2021 and is expected to continue its strong growth trend, with a projected Compound Annual Growth Rate (CAGR) of 6.3% from 2022 to 2032. By the end of 2032, it is estimated that the market will have expanded to an impressive $7.44 billion on a global scale.
Download a Sample Copy of This Report:
https://www.factmr.com/connectus/sample?flag=S&rep_id=7103
The Drive for Eco-Friendly Solutions
One of the primary factors fueling the adoption of eco-friendly residential air purifiers is the growing concern over environmental degradation. Traditional air purifiers often consume significant amounts of energy and rely on disposable filters, contributing to waste and pollution. In response to these concerns, manufacturers are now prioritizing sustainability in product design.
Energy Efficiency at the Core
Eco-conscious consumers are increasingly demanding residential air purifiers that consume less energy while delivering the same or better air purification performance. Manufacturers are rising to this challenge by incorporating energy-efficient components and technologies, such as low-power fans, smart sensors, and sleep mode features, into their products. These innovations not only reduce electricity consumption but also help consumers save on their energy bills.
Reducing Carbon Footprint with Eco-Friendly Materials
Another key aspect of the shift towards eco-friendly air purifiers is the use of sustainable materials. Manufacturers are opting for recyclable, biodegradable, and non-toxic materials in their products to minimize their environmental impact. Additionally, some companies are implementing sustainable manufacturing processes, such as 3D printing, which generates less waste compared to traditional manufacturing methods.
Competitive Landscape
The residential air purifier sector is largely dominated by a select group of key players, commanding a substantial portion of the market’s revenue. Within this competitive arena, a mix of international, regional, and domestic manufacturers vie for market share. To fortify their positions and drive revenue growth, companies are actively implementing diverse strategies and initiatives, including mergers and acquisitions, the launch of innovative products, continuous product development, forging distribution agreements, and significant investments in technology.
In February 2022, Panasonic is set to unveil its latest air purification offering, the WhisperAir Repair Spot. This cutting-edge device boasts effortless installation and demands zero maintenance. With its lightweight and user-friendly design, the WhisperAir Repair ensures the indoor environment remains consistently clean and fresh. Such advancements are poised to positively impact the market.
In a notable development from November 2021, iRobot Corporation, an American consumer robotics company, completed the acquisition of Aeris Cleantec AG, a Swiss-based firm specializing in premium air purification solutions, with its headquarters located in Cham, Zug. This strategic move underscores the global nature of competition within the residential air purifier market.
Companies are also proactively expanding their reach through collaborative agreements. For instance, Radic8, a United Kingdom-based air purifier manufacturer, has entered into a partnership with Henry Schein, a prominent American distributor of healthcare products. This agreement empowers Radic8 to distribute its air purifier systems across North America and Europe, contributing to the market’s growth and accessibility. Such collaborative efforts highlight the industry’s commitment to meeting the ever-evolving demands of consumers.
Key Segments Covered in the Residential Air Purifier Industry Survey
- By Type
- In-Duct
- Standalone/Portable
- By Application
- Ionic Filters
- Activated Carbon
- HEPA
- Other Applications
Get Customization on this Report:
https://www.factmr.com/connectus/sample?flag=RC&rep_id=7103
The residential air purifier market is witnessing a profound transformation driven by a heightened focus on eco-friendly and energy-efficient solutions. Consumers are no longer satisfied with air purifiers that merely clean the air; they want products that align with their values of sustainability and environmental responsibility. As manufacturers rise to meet these demands, we can expect to see an even greater shift towards greener, more efficient, and smarter residential air purification solutions in the years to come, benefiting both consumers and the planet alike.
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
