Global Residential Air Purifiers Market Projected to Reach 8840 Mn US$ by the End of 2025
The global Residential Air Purifiers market was 5790 million US$ in 2018 and is expected to 8840 million US$ by the end of 2025, growing at a CAGR of 5.4% between 2019 and 2025.
Los Angeles, CA -- (SBWire) -- 04/20/2019 --Residential Air Purifiers, also known as "air cleaners," are those that have the ability of absorption, decomposition or transformation of various air pollutants such as PM2.5, dust, pollen, odors, formaldehyde decoration pollution, bacteria, and allergens.
The global residential air purifiers industry mainly concentrates in North America, Europe, China and Japan. The global leading players in this market are Sharp, Panasonic, Philips, Daikin, Midea, which accounts for above 60% of total production value.
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Despite the presence of competition problems, the cognition of environment quality is increasing, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value.
The global Residential Air Purifiers market was 5790 million US$ in 2018 and is expected to 8840 million US$ by the end of 2025, growing at a CAGR of 5.4% between 2019 and 2025.
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This report studies the Residential Air Purifiers market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Residential Air Purifiers in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Sharp
Panasonic
Philips
Daikin
Midea
Coway
Electrolux
IQAir
Amway
Whirlpool
Honeywell
Yadu
Samsung
Austin
Blueair
Boneco
Broad
Mfresh
By the product type, the market is primarily split into
HEPA
Active Carbon
Electrostatic Precipitator
Ion and Ozone Generator
Others
By the end users/application, this report covers the following segments
Living room
Bed room
Kitchen
Others
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