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Rising Pollution, Improved Standards of Living, Hygiene Concerns, and Aspirations to Lead a Healthy Lifestyle are Driving the Demand for Air Purifiers
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With air pollution becoming a health hazard, there is very little that citizens can do to immediately address the problem; this is where the air purifier comes into play. In recent years, the air purifier market has witnessed a hike in demand fueled by degrading air quality and increasing concern toward health issues. The air purifier industry is developing at a high pace, owing to increasing environmental norms pertaining to improving the air quality and technological advancements made into this field such as the recent implementation of HEPA filters. Despite the various technological developments, air purifiers have been perceived as a luxury item, owing to the high installation and maintenance cost. However, the competition in the air purifier market is rising, which is bringing down the prices. With the growing disposable income, air purifiers are gradually being perceived as a utility product, specifically in the residential sector. Moreover, the demand for air purifiers is no longer limited to residential and industrial uses; recently, the commercial market has also opened up for the air purifier industry. This analysis offers the most up-to-date market data on the actual market situation by technology types (HEPA, ionizers, ozone generators); by key end-user segments (residential, commercial, industrial, transport, government, and others); and by regions (North, South, East, and West). The study covers the market landscape and its growth prospects over the coming years. It also includes a discussion of the key companies operating in this market. The research includes market data from FY18 to FY23 that gives a future outlook for the air purifiers market in India, which makes the report an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented exhibits.
The study aims to analyze and forecast the Indian air purifiers market from FY18 to FY23, with the base year FY18.
key Issues Addressed:
• Is the market growing, how long will it continue to grow, and at what rate?
• What is the current market size and segmentation by type of technology, regions, and end users?
• What is the future growth potential of air purifiers in India? What will the major drivers and trends impacting the market?
• What is the industry structure and how is the competitive environment?
• What are the growth opportunities for new entrants and existing participants?
• What is the current distribution structure and how are they going to change in the future?
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