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Residential Filters Market Trends

Report ID: GMI5066
Published Date: Nov 2024
Report Format: PDF

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Residential Filters Market Trends

A notable trend in the residential filters industry is the increasing demand for smart filtration systems. Consumers are progressively opting for filters that can be controlled and monitored via smartphone applications, providing enhanced convenience and performance. Additionally, there is a growing preference for eco-friendly and sustainable filter materials, driven by environmental concerns. According to the American Filtration and Separations Society, the market is shifting towards more innovative, connected, and environmentally conscious filtration solutions, reflecting broader consumer trends.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for residential filters was reached USD 3.8 billion in 2023 and is estimated to grow at a 4.7% CAGR from 2024 to 2032, driven by heightened consumer awareness regarding air and water quality.

The HVAC filters segment recorded USD 1.5 billion in 2023 and is expected to grow at a 4.7% CAGR from 2024 to 2032, due to their essential role in maintaining indoor air quality.

The online distribution channel held a 55.9% share of the residential filters market in 2023 and is projected to grow at a 4.9% CAGR from 2024 to 2032, led by the convenience and wide selection offered by e-commerce platforms.

The U.S. residential filters market recorded USD 900 million in 2023 and is expected to grow at a 4.8% CAGR from 2024 to 2032, led by increased consumer awareness of air and water quality issues.

The industry features key players such as 3M, AAF International, Air King, Blueair, Brita, Coway, Dyson, Filtrete, Greenway, Honeywell, Lennox International, Puronics, Trane, Vornado, and Whirlpool.