The Asia Pacific Residential Air Purifier Market would witness market growth of 7.3% CAGR during the forecast period (2021-2027).
The rapid increase in the growth of the world population has created a huge impact in the urge for energy. Consumption and Energy generation is the culpable reason for the majority of pollution across the world. The exploiting of petroleum and coal for generating energy to fulfil the demands of the consumers gives rise to more carbon-based particles.
The growing prevalence of chronic airborne diseases and pollution growth in the urban areas across the world is the driving factor in the growth of the residential air purifiers market. Also, the advanced standard of living and increase in discretionary income is spreading awareness related to conscious health issues among people. The harmful impact of air pollution is also propelling the demand for air population control devices to adopt a healthy lifestyle among the urban youth.
Despite rising pollution levels and decreasing Air Quality Indexes in many countries, including China, India, and others, governments and organizations such as the World Health Organization (WHO) are developing legislation and taking actions to create major business opportunities. China's spectacular economic growth over the previous four decades has been powered in great part by coal, the country's most polluting anthropogenic source. Smog levels are higher in the northern Shanxi or Hebei provinces, where coal mining and steel production facilities are located. Pollution is at an all-time high in certain places. Because of its propensity to penetrate into the pulmonary alveoli and diffuse into the blood, industrial operations produce and emit a form of molecular particle (PM2.5) into the atmosphere that is particularly detrimental to human health.
The China market dominated the Asia Pacific Residential Air Purifier Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $697.8 million by 2027. The Japan market is estimated to witness a CAGR of 6.6% during (2021 - 2027). Additionally, The India market would display a CAGR of 7.9% during (2021 - 2027).
Based on Type, the market is segmented into Standalone/Portable and In-Duct. Based on Technology, the market is segmented into High-efficiency Particulate Absorbing (HEPA), Activated Carbon, Ionic Filters, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Residential Air Purifier Market is Projected to reach USD 5.9 Billion by 2027, at a CAGR of 7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), Panasonic Corporation, The Whirlpool Corporation, Koninklijke Philips N.V., Xiaomi Corporation, Daikin Industries, Ltd., Dyson Limited, LG Electronics, Inc., Sharp Corporation, and Honeywell International, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Standalone/Portable and
- In-Duct
By Technology
- High-efficiency Particulate Absorbing (HEPA)
- Activated Carbon
- Ionic Filters,
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Samsung Electronics Co., Ltd. (Samsung Group)
- Panasonic Corporation
- The Whirlpool Corporation
- Koninklijke Philips N.V.
- Xiaomi Corporation
- Daikin Industries, Ltd.
- Dyson Limited
- LG Electronics, Inc.
- Sharp Corporation
- Honeywell International, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Residential Air Purifier Market, by Type
1.4.2 Asia Pacific Residential Air Purifier Market, by Technology
1.4.3 Asia Pacific Residential Air Purifier Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2018, Oct – 2022, Feb) Leading Players
Chapter 4. Asia Pacific Residential Air Purifier Market by Type
4.1 Asia Pacific Standalone/Portable Market by Country
4.2 Asia Pacific In-Duct Market by Country
Chapter 5. Asia Pacific Residential Air Purifier Market by Technology
5.1 Asia Pacific High-efficiency Particulate Absorbing (HEPA) Market by Country
5.2 Asia Pacific Activated Carbon Market by Country
5.3 Asia Pacific Ionic Filters Market by Country
5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Residential Air Purifier Market by Country
6.1 China Residential Air Purifier Market
6.1.1 China Residential Air Purifier Market by Type
6.1.2 China Residential Air Purifier Market by Technology
6.2 Japan Residential Air Purifier Market
6.2.1 Japan Residential Air Purifier Market by Type
6.2.2 Japan Residential Air Purifier Market by Technology
6.3 India Residential Air Purifier Market
6.3.1 India Residential Air Purifier Market by Type
6.3.2 India Residential Air Purifier Market by Technology
6.4 South Korea Residential Air Purifier Market
6.4.1 South Korea Residential Air Purifier Market by Type
6.4.2 South Korea Residential Air Purifier Market by Technology
6.5 Singapore Residential Air Purifier Market
6.5.1 Singapore Residential Air Purifier Market by Type
6.5.2 Singapore Residential Air Purifier Market by Technology
6.6 Malaysia Residential Air Purifier Market
6.6.1 Malaysia Residential Air Purifier Market by Type
6.6.2 Malaysia Residential Air Purifier Market by Technology
6.7 Rest of Asia Pacific Residential Air Purifier Market
6.7.1 Rest of Asia Pacific Residential Air Purifier Market by Type
6.7.2 Rest of Asia Pacific Residential Air Purifier Market by Technology
Chapter 7. Company Profiles
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.2 Panasonic Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Geographical Expansions:
7.2.6 SWOT Analysis
7.3 Whirlpool Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.4 Koninklijke Philips N.V.
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.5 Xiaomi Corporation
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.5.6 SWOT Analysis
7.6 Daikin Industries, Ltd.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional & Segmental Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.6.5.2 Acquisition and Mergers:
7.7 Dyson Limited
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.7.2.2 Geographical Expansions:
7.8 LG Electronics, Inc. (LG Corporation)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional & Segmental Analysis
7.8.4 Research & Development Expenses
7.9 Sharp Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expense
7.9.5 Recent strategies and developments:
7.9.5.1 Partnerships, Collaborations, and Agreements:
7.9.5.2 Product Launches and Product Expansions:
7.9.6 SWOT Analysis
7.10. Honeywell International, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional & Segmental Analysis
7.10.4 Research & Development Expenses
7.10.5 Recent strategies and developments:
7.10.5.1 Product Launches and Product Expansions:
7.10.6 SWOT Analysis
TABLE 1 Asia Pacific Residential Air Purifier Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Residential Air Purifier Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Residential Air Purifier Market
TABLE 4 Product Launches And Product Expansions– Residential Air Purifier Market
TABLE 5 Acquisition and Mergers– Residential Air Purifier Market
TABLE 6 Geographical Expansions– Residential Air Purifier Market
TABLE 7 Asia Pacific Residential Air Purifier Market by Type, 2017 - 2020, USD Million
TABLE 8 Asia Pacific Residential Air Purifier Market by Type, 2021 - 2027, USD Million
TABLE 9 Asia Pacific Standalone/Portable Market by Country, 2017 - 2020, USD Million
TABLE 10 Asia Pacific Standalone/Portable Market by Country, 2021 - 2027, USD Million
TABLE 11 Asia Pacific In-Duct Market by Country, 2017 - 2020, USD Million
TABLE 12 Asia Pacific In-Duct Market by Country, 2021 - 2027, USD Million
TABLE 13 Asia Pacific Residential Air Purifier Market by Technology, 2017 - 2020, USD Million
TABLE 14 Asia Pacific Residential Air Purifier Market by Technology, 2021 - 2027, USD Million
TABLE 15 Asia Pacific High-efficiency Particulate Absorbing (HEPA) Market by Country, 2017 - 2020, USD Million
TABLE 16 Asia Pacific High-efficiency Particulate Absorbing (HEPA) Market by Country, 2021 - 2027, USD Million
TABLE 17 Asia Pacific Activated Carbon Market by Country, 2017 - 2020, USD Million
TABLE 18 Asia Pacific Activated Carbon Market by Country, 2021 - 2027, USD Million
TABLE 19 Asia Pacific Ionic Filters Market by Country, 2017 - 2020, USD Million
TABLE 20 Asia Pacific Ionic Filters Market by Country, 2021 - 2027, USD Million
TABLE 21 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 22 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 23 Asia Pacific Residential Air Purifier Market by Country, 2017 - 2020, USD Million
TABLE 24 Asia Pacific Residential Air Purifier Market by Country, 2021 - 2027, USD Million
TABLE 25 China Residential Air Purifier Market, 2017 - 2020, USD Million
TABLE 26 China Residential Air Purifier Market, 2021 - 2027, USD Million
TABLE 27 China Residential Air Purifier Market by Type, 2017 - 2020, USD Million
TABLE 28 China Residential Air Purifier Market by Type, 2021 - 2027, USD Million
TABLE 29 China Residential Air Purifier Market by Technology, 2017 - 2020, USD Million
TABLE 30 China Residential Air Purifier Market by Technology, 2021 - 2027, USD Million
TABLE 31 Japan Residential Air Purifier Market, 2017 - 2020, USD Million
TABLE 32 Japan Residential Air Purifier Market, 2021 - 2027, USD Million
TABLE 33 Japan Residential Air Purifier Market by Type, 2017 - 2020, USD Million
TABLE 34 Japan Residential Air Purifier Market by Type, 2021 - 2027, USD Million
TABLE 35 Japan Residential Air Purifier Market by Technology, 2017 - 2020, USD Million
TABLE 36 Japan Residential Air Purifier Market by Technology, 2021 - 2027, USD Million
TABLE 37 India Residential Air Purifier Market, 2017 - 2020, USD Million
TABLE 38 India Residential Air Purifier Market, 2021 - 2027, USD Million
TABLE 39 India Residential Air Purifier Market by Type, 2017 - 2020, USD Million
TABLE 40 India Residential Air Purifier Market by Type, 2021 - 2027, USD Million
TABLE 41 India Residential Air Purifier Market by Technology, 2017 - 2020, USD Million
TABLE 42 India Residential Air Purifier Market by Technology, 2021 - 2027, USD Million
TABLE 43 South Korea Residential Air Purifier Market, 2017 - 2020, USD Million
TABLE 44 South Korea Residential Air Purifier Market, 2021 - 2027, USD Million
TABLE 45 South Korea Residential Air Purifier Market by Type, 2017 - 2020, USD Million
TABLE 46 South Korea Residential Air Purifier Market by Type, 2021 - 2027, USD Million
TABLE 47 South Korea Residential Air Purifier Market by Technology, 2017 - 2020, USD Million
TABLE 48 South Korea Residential Air Purifier Market by Technology, 2021 - 2027, USD Million
TABLE 49 Singapore Residential Air Purifier Market, 2017 - 2020, USD Million
TABLE 50 Singapore Residential Air Purifier Market, 2021 - 2027, USD Million
TABLE 51 Singapore Residential Air Purifier Market by Type, 2017 - 2020, USD Million
TABLE 52 Singapore Residential Air Purifier Market by Type, 2021 - 2027, USD Million
TABLE 53 Singapore Residential Air Purifier Market by Technology, 2017 - 2020, USD Million
TABLE 54 Singapore Residential Air Purifier Market by Technology, 2021 - 2027, USD Million
TABLE 55 Malaysia Residential Air Purifier Market, 2017 - 2020, USD Million
TABLE 56 Malaysia Residential Air Purifier Market, 2021 - 2027, USD Million
TABLE 57 Malaysia Residential Air Purifier Market by Type, 2017 - 2020, USD Million
TABLE 58 Malaysia Residential Air Purifier Market by Type, 2021 - 2027, USD Million
TABLE 59 Malaysia Residential Air Purifier Market by Technology, 2017 - 2020, USD Million
TABLE 60 Malaysia Residential Air Purifier Market by Technology, 2021 - 2027, USD Million
TABLE 61 Rest of Asia Pacific Residential Air Purifier Market, 2017 - 2020, USD Million
TABLE 62 Rest of Asia Pacific Residential Air Purifier Market, 2021 - 2027, USD Million
TABLE 63 Rest of Asia Pacific Residential Air Purifier Market by Type, 2017 - 2020, USD Million
TABLE 64 Rest of Asia Pacific Residential Air Purifier Market by Type, 2021 - 2027, USD Million
TABLE 65 Rest of Asia Pacific Residential Air Purifier Market by Technology, 2017 - 2020, USD Million
TABLE 66 Rest of Asia Pacific Residential Air Purifier Market by Technology, 2021 - 2027, USD Million
TABLE 67 Key Information –Samsung Electronics Co., Ltd.
TABLE 68 Key Information – Panasonic Corporation
TABLE 69 Key information – Whirlpool Corporation
TABLE 70 Key Information – Koninklijke Philips N.V.
TABLE 71 Key Information – Xiaomi Corporation
TABLE 72 Key information – Daikin Industries, Ltd.
TABLE 73 Key Information – Dyson Limited
TABLE 74 Key information – LG Electronics, Inc.
TABLE 75 Key Information – Sharp Corporation
TABLE 76 Key information – Honeywell International, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2018, Oct – 2022, Feb) Leading Players
FIG 6 Recent strategies and developments: Panasonic Corporation
FIG 7 SWOT Analysis: Panasonic Corporation
FIG 8 SWOT Analysis: Xiaomi Corporation
FIG 9 Recent strategies and developments: Daikin Industries, Ltd.
FIG 10 Recent strategies and developments: Dyson Limited
FIG 11 Recent strategies and developments: Sharp Corporation
FIG 12 SWOT Analysis: Sharp Corporation
FIG 13 Swot analysis: Honeywell international, inc.