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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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The study aims to analyse and forecast the Indian Air Purifiers market for FY18-FY23 Research Scope: • Market by Technology o HEPA: High efficiency particulate air (HEPA) is a type of air filter usually designed to remove 99.97 percent of airborne particles measuring 0.3 micrometers or greater in diameter passing through it o Ionizers/ ion Generators: Ionizers use electricity to release negative ions into the air; these attach to positively charged particles such as dust, bacteria, pollen and other allergens. o Ozone Generators: Ozone Air Purifiers are devices that additionally release ozone molecules, which react with strong odors and airborne chemicals and effectively eliminate them. • Market by Key end user segments (Residential, Commercial, Industrial, Transport, Government & Others) • Geography- India by regional share by North, East, West, South • Study Period: FY18 to FY23; Base Year: FY18; Forecast Years: FY19 to FY23 With air pollution becoming a health hazard, there is very little that citizens can do to immediately address the problem and this is where the air purifier comes into play. In the recent years, air purifier market has witnessed a hike in demand fuelled by degrading air quality and increasing concern towards health issues. 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 high-efficiency particulate air (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, and 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 air purifier industry The industry report on Air Purifiers in India 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 & Others); and by regions (North, South, East and West). The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key companies operating in this market. The research includes market data from FY18 to FY23 that gives future outlook for 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 tables and graphs Key Questions this Study will Answer: 1. Is the market growing, how long will it continue to grow, and at what rate? 2. What is the current market size and segmentation by type of technology, regions and end users? 3. What is the future growth potential of Air Purifiers in India? What will the major drivers and trends impacting the market? 4. What is the industry structure and how is the competitive environment? 5. What are the growth opportunities for new entrants as well as existing players; also covering critical factors to succeed in the market? 6. What is the current distribution structure and what is the analysis of different distribution channels?
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