Residential Air Purifier Market To Witness A Significant Growth Of USD 6.7 Billion By 2030
San Francisco, 4 May 2022: The Report Residential Air Purifier Market Size, Share & Trends Analysis Report By Type (Standalone/Portable And In-Duct), By Technology (HEPA, Activated Carbon, Ionic Filters), By Region, And Segment Forecasts, 2022 - 2030 The global residential air purifier market size is anticipated to reach USD 6.7 billion by 2030, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 6.2% from 2022 to 2030. The market participants compete based on various parameters, including product performance, technical competence, price, quality, and corporate reputation. New product launches, technological investments, licensing agreements, and mergers and acquisitions are some of the strategies adopted by the participants to gain market share and strength their position in the market. For instance, in September 2020, MANN+HUMMEL introduced two new high-performance room air purifiers, namely OurAir SQ 2500 and OurAir TK 850.