Residential Air Purifiers Market
The market for Residential Air Purifiers was estimated at $4.2 billion in 2023; it is anticipated to increase to $6.9 billion by 2030, with projections indicating growth to around $9.9 billion by 2035.
Global Residential Air Purifiers Market Outlook
Revenue, 2023
Forecast, 2033
CAGR, 2024 - 2033
The Residential Air Purifiers industry revenue is expected to be around $4.9 billion in 2024 and expected to showcase growth with 7.3% CAGR between 2024 and 2033. The market for air purifiers is experiencing a notable uptick as people increasingly focus on improving indoor air quality in light of escalating pollution levels and growing health consciousness. As of 2023 the market was estimated to be worth around USD 4.2 billion and is projected to grow at a rate of 7.3% with expectations to reach USD 6.9 billion by 2030 and USD 10 billion by 2035. These devices are designed to enhance the atmosphere within homes by reducing pollutants such, as allergens and pathogens.
Advances in technology like HEPA filters and UV C light improve the effectiveness of air purification by addressing needs such as removing allergens and eliminating odors In todays market demand is rising due to the upsurge, in respiratory ailments and the greater recognition of the advantages of having fresh indoor air.
Market Key Insights
- The Residential Air Purifiers market is projected to grow from $4.2 billion in 2023 to $8.6 billion in 2033. This represents a CAGR of 7.3%, reflecting rising demand across Living Rooms, Bedrooms and Kitchens.
- Dyson, Philips, Honeywell are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Residential Air Purifiers market and are expected to observe the growth CAGR of 4.7% to 7.0% between 2023 and 2030.
- Emerging markets including India, Brazil and Mexico are expected to observe highest growth with CAGR ranging between 8.4% to 10.1%.
- Transition like Transition to Smart, IoT-Enabled Air Purifiers is expected to add $298 million to the Residential Air Purifiers market growth by 2030.
- The Residential Air Purifiers market is set to add $4.3 billion between 2023 and 2033, with manufacturer targeting Bedrooms & Kitchens Application projected to gain a larger market share.
- With Increasing awareness of indoor air pollution, and Technological advancements in filtration, Residential Air Purifiers market to expand 102% between 2023 and 2033.