Residential Air Purifier Market in the US Driven by Increase in Airborne Pollutants

2014-11-13
Published : Nov-2014

The market for residential air purifiers in the US has been growing steadily in the last couple of years with increase in air pollution levels in the country. Air purifiers are designed to increase the air quality by reducing the concentration of dust, pollens, allergens, and airborne pollutants. Growing consumer awareness about improved air quality, rising levels of pollution in cities and increase in marketing by leading manufacturers of air purifiers have resulted in the increase in demand for home air purifiers in the US. Product innovation, launch of new product lines and increase in incidences of allergies caused by pollutants are also fueling the market for residential air purifiers. According to analysts, the US home air purifier market is estimated to grow at a compound annual growth rate of 3.06 percent.

Currently it is estimated that almost 60 million people in the US suffer from nasal allergies and 26 million Americans suffer from asthma. As people have become more aware about the implications of air pollution and second hand smoke on their health, the sale of residential air purifiers have been booming. Key players in the residential air purifier market in the US are Honeywell International Inc., Austin Air, Sharp Electronics., Blueair AB, Hamilton Beach Brands, Whirlpool and EcoQuest International. The home air purifier market in the US can be broadly segmented into four types. They are HEPA (High Efficiency Particulate Air) Air Filters, Electrostatic Precipitators, Ion Generators and Ozone Generators. Of these HEPA air filters are the most effective in removing airborne pollutants.

Manufacturers are developing energy-efficient air purifiers that consume less power than conventional air purifiers to attract more consumers. Product innovation and development of mid-segment air purifiers that are more effective than entry-level air purifiers are going to drive the growth in the market. Manufacturers are also increasingly focusing on providing compact and low-cost air purifiers to drive sales in the market. With increase in air pollution, the number of people suffering from respiratory diseases and allergies is going to rise. This is in turn going to fuel the demand for residential air purifiers in the US market.

Explore the latest market research reports on residential air purifiers in US @ http://www.sandlerresearch.org/residential-air-purifiers-market-in-the-us-2014-2018.html

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