The Europe Residential Air Purifier Market would witness market growth of 6.5% CAGR during the forecast period (2021-2027).
Manufacturers are enhancing the energy-saving air purifier technologies that utilize low power than other conventional air purifiers to save energy costs as well as to reduce carbon footprints. Organizations are focusing on manufacturing product ranges that would have various capabilities, such as fragrance dispensing and dust collection. High-efficiency particulate air filters (HEPA) filtration technology helps to reduce pollutants and smoke from the home.
The ordinary forms of residential air purifiers with HEPA air filtration technology are Sharp Plasmacluster Ion Air Purifiers with Blueair HEPASilent Air Purifier, Blueair Classic 505 HEPASilent Air Purifier, Honeywell True HEPA Tower Allergen Remover, and True HEPA Filtration, F True HEPA Filtration. Dealers are launching new advanced materials and technologies to increase the efficiency of residential air purifiers.
Factors such as the rise in construction activities in urban areas, urbanization, industrial vehicle carbon emissions, and the increasing risk of airborne diseases are driving the growth of the regional residential air purifier market. Also, the rising health concerns, better living standards, and increasing spendable income would contribute to the market growth. The United Kingdom is the dominating country in the regional market. Also, countries like Poland, France & Germany are the top contributors in the residential air purifier market.
Additionally, it is estimated that air pollution in the UK is the reason for 40, 000 early deaths per year. As per the annual air quality statics issued by the Department for Environment, Food & Rural Affairs (DEFRA), nitrogen dioxide (NO2) has rapidly increased in 2019. Also, the sale of diesel vehicles in the region is decreasing every year.
The Germany market dominated the Europe Residential Air Purifier Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $337.5 million by 2027. The UK market is experiencing a CAGR of 5.6% during (2021 - 2027). Additionally, The France market would exhibit a CAGR of 7.3% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Residential Air Purifier Market Size will Hit $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.
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