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Residential Air Purifier Market in China by Technology and Distribution Channel - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR43738
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 Residential Air Purifier Market in China - 2021-2025

The residential air purifier market size in China is expected to reach a value of USD 219.10 million, at a CAGR of 5.40%, during 2021-2025. This research study helps in a deep understanding of the underlying forces driving the market growth and current and potential target customers across segmentations. According to our comprehensive survey, factors such as product innovation in terms of cleaning technology, features (air quality monitor), and design are projected to significantly support market growth during the forecast period. View our sample report for insights on the latest trends and challenges that will have a far-reaching effect on the market growth.

Residential Air Purifier Market in China Size

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Residential Air Purifier Market Segments in China

Navigate through market segmentation by technology (HEPA and ULPA air purifiers, ionizers and electrostatic precipitator air purifiers, activated carbon air purifiers, photocatalyst and UV air purifiers, and ozone generator air purifiers) and distribution channel (offline and online) in this residential air purifier market report of China to pursue growth opportunities.

Get actionable insights on the residential air purifier market segments in China to generate successful ROIs and focus your business strategy efforts where they are most likely to be effective. Also, our market research experts have evaluated the impact of COVID-19 across market segments for our clients to understand the long-term business implications and foresee opportunities for subsequent recovery. Want a thorough qualitative and quantitative analysis on the post-pandemic residential air purifier market predictions in China on-demand changes for 2021-2025? You can buy the report now with one easy click.

Residential Air Purifier Market Vendors in China and Competitive Analysis

The residential air purifier market in China is fragmented and the vendors are deploying growth strategies such as launching new products to gain a competitive advantage. Find out about other well-thought-out business planning approaches of key players from our sample report.

The unprecedented outbreak of COVID-19 last year impacted market segments that has had a ripple effect on various stakeholders. To make the most of the opportunities and recover from post COVID-19 impact, the market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Click here to get COVID-19 impact update.

Buy the full residential air purifier market forecast report of China for detailed insights on complete key vendor profiles. The profiles include information on the production, sustainability, prospects of the leading companies, and other crucial vendor landscape analysis.

Residential Air Purifier Market in China Vendors

Residential Air Purifier Market Insights in China by Technology

Residential Air Purifier Market in China Share by Technology

To gain further insights on the market contribution of various segments Request for a FREE Sample!

The residential air purifier market share growth in China by the HEPA and ULPA air purifiers segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the residential air purifier market size in China.

From the residential air purifier market segmentation insights in China, players can achieve maximum market response by understanding the target consumers. The analytical data on the segmentation will allow vendors to position their services and products among the right audiences and gain significant exposure and growth. Also, get updated actionable market insights on post COVID-19 impact on each segment.

Residential Air Purifier Market Drivers & Trends in China

While it is crucial to have a solid understanding of the drivers and trends, it is also imperative that the market challenges are recognized to improvize business planning and sustain market competition. One of the key factors impeding residential air purifier market growth in China is the high maintenance cost of air purification filters used in air purifiers. Purchase our express report to get exhaustive insights on other industry trends, drivers, and challenges, which will help companies evaluate and develop growth strategies.

The product innovation in terms of cleaning technology, features (air quality monitor), and design will fuel the growth of the residential air purifier market size in China. With the decrease in air quality, there is a demand for innovative and highly efficient cleaning technology among consumers. Due to this, companies are now focusing on launching new air purifiers by improving their clear air delivery rate (CADR), using nanotechnology, increasing energy efficiency, and reducing noise levels. These residential air purifiers are also available in new designs to attract more customers. Residential air purifiers with new technologies are encouraging higher selling prices and are a price driver for players. Consumers are concerned about their health as poor air quality results in various health problems. Due to the increase in health consciousness, consumers are ready to pay a premium price for innovative air purifiers that require limited maintenance. Air purifier becomes premium in price depending on the innovations in technology and other new product features. 

This residential air purifier market analysis report of China provides detailed information on key trends, drivers, and challenges that is the essence of business planning and strengthening marketing strategies across regions and segmentations.

 

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Residential Air Purifier Market Report Outlook of China

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive residential air purifier market growth in China during the next five years
  • Precise estimation of the residential air purifier market size in China and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of residential air purifier market vendors in China 

Buy the Residential Air Purifier Market Report of China now to reimage your business strategies!

 

Residential Air Purifier Market In China Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.40%

Market growth 2021-2025

$ 219.10 million

Market structure

Fragmented

YoY growth (%)

4.93

Regional analysis

China

Performing market contribution

China at 100%

Key consumer countries

China

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., Daikin Industries Ltd., Guangzhou Haike Electronics Technology Co. Ltd., Honeywell International Inc., Koninklijke Philips NV, MIDEA GROUP, Samsung Electronics Co. Ltd., Sharp Corp., Unilever Group, and Xiaomi Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Technology

    • Market segments
    • Comparison by Technology
    • HEPA and ULPA air purifiers - Market size and forecast 2020-2025
    • Ionizers and electrostatic precipitator air purifiers - Market size and forecast 2020-2025
    • Activated carbon air purifiers - Market size and forecast 2020-2025
    • Photocatalyst and UV air purifiers - Market size and forecast 2020-2025
    • Ozone generator air purifiers - Market size and forecast 2020-2025
    • Market opportunity by Technology

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Offline - Market size and forecast 2020-2025
    • Online - Market size and forecast 2020-2025
    • Market opportunity by Distribution channel

    Customer landscape

    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • 3M Co.
    • Daikin Industries Ltd.
    • Guangzhou Haike Electronics Technology Co. Ltd.
    • Honeywell International Inc.
    • Koninklijke Philips NV
    • MIDEA GROUP
    • Samsung Electronics Co. Ltd.
    • Sharp Corp.
    • Unilever Group
    • Xiaomi Corp.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The residential air purifier market growth will increase by $219.82 million during 2019-2024.
    The residential air purifier market is expected to grow at a CAGR of 5.52% during 2019-2024.
    Technavio has segmented the residential air purifier market by technology (HEPA and ULPA air purifiers, IZ and EP air purifiers, AC air purifiers, PC and UV air purifiers, and OG air purifiers) and geographic (China).
    3M Co., Honeywell International Inc., Koninklijke Philips NV, LG Electronics Inc., Newell Brands Inc., Qingdao Haier Co. Ltd., Samsung Electronics Co. Ltd., Sharp Corp., Unilever Group, Xiaomi Corp. are a few of the key vendors in the residential air purifier market.
    China will register the highest growth rate of 100.00% among the other regions. Therefore, the residential air purifier market in China is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the residential air purifier market growth are:
    • Product innovation in terms of cleaning technology, features (air quality monitor), and design stimulating higher selling price (premiumization)
    The residential air purifier market vendors should focus on grabbing business opportunities from the hepa and ulpa air purifiers segment as it accounted for the largest market share in the base year.
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