July 7, 2021 06:33 ET | Source: Research and Market Research and Market

Dublin, July 7, 2021 (Global News Agency)-ResearchAndMarkets.com has added the "Household Air Purifier Market-Growth, Trends, COVID-19 Impact and Forecast (2021-2026)" report to ResearchAndMarkets.com's products. During the forecast period from 2021 to 2026, the household air purifier market is expected to grow at a compound annual growth rate of approximately 5.38%, and the market size will increase from US$3.53 billion in 2019 to US$5.09 billion in 2026.

The coronavirus outbreak has greatly increased the popularity of air purifiers as air purifiers, and HVAC filters are designed to filter pollutants or pollutants from the air passing through them. Due to the COVID-19 pandemic, consumers have adopted independent air purifiers to obtain clean and virus-free air, which may promote the development of the global air purifier market. With the increase in sales of air purifiers, companies have launched new products. For example, in July 2020, VironAire released two affordable hospital-grade air purifiers based on HEPA technology, suitable for hospitals, businesses and homes.

The residential air purifier market is driven by high levels of pollution, especially in the industrialized countries of the Asia-Pacific region, where people’s awareness of health issues related to air pollution continues to increase. As the population of urban areas with more serious air pollution continues to grow, air purifiers may increase. However, in countries where air purifier standards do not exist, consumers choose non-standard air purifiers with poor results and feel cheated. Air purifiers are unpopular in these countries and inhibit the market.

High-efficiency particulate air (HEPA) filtration technology dominated the market in 2018 due to its effectiveness in removing particulate matter. In addition, the technology has now become easier to use in home central air systems. With the increasing pollution and deteriorating air quality index in many countries such as India and China, governments and organizations such as WHO are formulating policies and steps to create important market opportunities.

The Asia-Pacific region will dominate the market in 2019, and the countries with the greatest demand include China, India, Japan, and South Korea. As the awareness of these countries increases, they are also expected to dominate during the forecast period.

Main market trends High-efficiency particulate air (HEPA) filtration technology dominates the market

Asia Pacific will dominate the market

Competitive landscape The residential air purifier market is fragmented due to the large number of companies operating in the industry. The major players in this market include Daikin Industrial Co., Ltd., Sharp Corporation, Honeywell International Inc., LG Electronics Corporation and Dyson Co., Ltd. Reasons for purchasing this report:

The main topics covered: 1 Introduction 2 Executive summary 3 Research methods 4 Market overview 4.1 Introduction 4.2 Market size and demand forecast (in millions of US dollars, by 2026) 4.3 Recent trends and developments 4.4 Government policies and regulations 4.5 Market dynamics 4.5 Driving Factors 4.5 Driving Factors 4.5 4.6 Supply Chain Analysis 4.7 Porter’s Five Forces Analysis 5 Market Segmentation 5.1 Filtration Technology 5.1.1 High Efficiency Particulate Air (HEPA) 5.1.2 Other Technologies (Electrostatic Precipitator (ESP), Ionizer and Ozone Generator) 52.2 Type Standard 5. 5.2.2 Import 5.3 Geography 5.3.1 North America 5.3.2 Europe 5.3.3 Asia Pacific 5.3.4 South America 5.3.5 Middle East and Africa 6 Competition landscape 6.1 Mergers and acquisitions, joint ventures, cooperation, 6.2 Adopted by leading companies Strategy 6.3 Company Profile 6.3.1 Daikin Industries Ltd 6.3.2 Sharp Corporation 6.3.3 Honeywell International Inc. 6.3.4 LG Electronics Inc. 6.3.5 Unilever PLC (formerly BlueAir AB) 6.3.6 Dyson Ltd 6.3.7 Whirlpool Corporation 6.3.8 AllerAir Industries Inc. 6.3.9 Panasonic Corporation 6.3.10 Koninklijke Philips NV 6.3.11 IQAir 6.3.12 Samsung Electronics Co. Ltd 6.IX3.13 6.3.14 Xiaomi Corporation 7 Market opportunities and future trends related to this report For more information, please visit https://www.researchandmarkets.com/r/t1kuqn