Air Purifiers Market in India to Reach $ 209 Million by 2021
Growing urbanization, rising
health concerns, increasing consumer spending on lifestyle products and deteriorating
air quality to drive sales of air purifiers in India
According to TechSci Research report, “India Air Purifiers Market By Filter Type, By End User Sector, By Region
& By Company Forecast and Opportunities, 2011-2021”, air purifiers market in
India is forecast to reach $ 209 million by 2021, due to rising awareness about the impact of indoor and outdoor
pollution on human health and growing consumer awareness about benefits of
using air purifiers. Increasing
air pollution across the country due to expanding vehicle fleet size is leading
to higher emission of harmful particulate matter. Additionally, tourism and healthcare and other institutional places
such as embassies, hospitals, corporate office, government buildings, schools
and colleges, etc., are the major demand generators for air purifiers in the
country. During 2010-2014, tourist footfall in India grew at a CAGR of over 7.3%,
and this has been driving demand for air purifiers from the hospitality sector
in the country.
Air quality in various cities such as New Delhi,
Hyderabad, Mumbai, Chennai, Bangalore, Pune, etc., is deteriorating due to high
level of particulate matter and poisonous gas emissions. Surging demand for air
purifiers from residential sector, especially in these cities, can be
attributed to increasing indoor pollution and growing health concerns among people.
A majority of the demand for air purifiers in India is addressed through imports
by companies such as Eureka Forbes, Panasonic, Crusaders, Atlanta Healthcare,
and Kent, among others. With increasing pollution levels and rising disposable
income, Southern region dominated India air purifiers market in 2014, followed
by Northern and Western states.
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“Companies operating in India air
purifiers market are focusing on introducing innovative product offerings to
attract costumer and increase their foothold in the market. Air purifier
manufacturers are launching air purifiers based on multiple filtration technologies
such as HEPA & activated carbon air purifiers, Ion and Ozone Generator air
purifiers; and various other small and compact air purifiers, to address
different consumer requirements. Companies have also started launching new
innovations in their air purifiers models such as photocatalytic oxidation
technology based air purifiers and Nanoe G air purification systems. This trend
is expected to result in availability of a plethora of product offerings for
consumers in the coming years.,” said Mr. Laltu Sinha, Consultant with TechSci Research, a research
based global management consulting firm.
“India Air Purifiers Market By Filter Type, By End Use Sector, By Region
& By Company Forecast and Opportunities, 2011-2021”
has evaluated the future growth potential of India air purifiers market and
provides statistics and information on market structure, size, share and future
growth of India air purifiers market. The report is intended to provide
cutting-edge market intelligence and help decision makers take sound investment
evaluation. Besides, the report also identifies and analyzes emerging trends
along with essential drivers, challenges and opportunities in the India air
purifiers market.
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