NEW YORK, July 15, 2021 Â /PRNewswire/ --Â The residential air purifier market in the US is set to grow by USD 632.39 million, progressing at a CAGR of 5.94% during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
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Factors such as innovation and portfolio extension leading to product premiumization, the increased air pollution and concerns over indoor air quality, and convenience, ease of use, and portability of the product will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The residential air purifier market size in the US is fragmented, and the degree of fragmentation will accelerate during the forecast period.