Throughout the forecast period, the India Air Purifier Market is expected to expand at a remarkable CAGR. The increasing incidence of airborne diseases and the growing pollution levels in urban areas are the primary factors driving the air purifier market's expansion. Other key factors projected to propel the industry's progress include a rise in health consciousness, an improvement in living conditions, and an increase in disposable money. Technologies to reduce air pollution will become more and more necessary in the next years.
Because of the high rates of pollution and airborne ailments in various Indian cities, the market for air purifiers in India is expanding rapidly. Since indoor air is less filtered than outdoor air due to lack of circulation, air purifier adoption has increased, which is boosting the market's growth. Moreover, the market expansion can also be attributed to the unfavourable winter weather, since low wind speeds and poor ventilation indices prevent pollutants from dispersing and further cause respiratory problems, which in turn fuel market expansion. Further boosting the need for air purifiers in the nation to clean indoor air and remove pollutants and viruses was the emergence of the coronavirus epidemic.
An important element driving the market's expansion is the region's alarmingly high levels of air pollution, which have transformed air purifiers from a luxury to an absolute necessity. In order to meet the nation's growing need for air purifiers, producers are increasingly developing and combining cutting-edge technologies. The development of novel UV light to capture and completely eradicate harmful germs is another element that is favourably affecting the development of the industry.
The effectiveness of air purifiers in preventing the spread of Covid-19 has not yet been established by scientists because the virus is not airborne. Yet, during the initial epidemic and before the country was placed under a national lockdown and social distance standards, air purifier companies noticed a minor increase in demand from consumers as a preventative step against the virus. Air purifier manufacturers anticipate that in the short term, while production and international trade are hindered until the limitations are relaxed, they will turn to their existing inventory. Due to consumer discretionary expenditure and low pollution levels, the residential sector's recovery is expected to be gradual. Industry recovery is predicted to be aided by a temporary shift in concentration toward commercial and institutional end-users, including hospitals, offices, and government buildings. Because to the ongoing customer fear of contact as a result of the Covid-19 epidemic, a shift in business operations is anticipated over the long term in the form of increased emphasis on online sales through E-commerce platforms.
India Air Purifier Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Blueair, Inc., Daikin Industries Ltd., Dyson Group, Eureka Forbes Ltd, Haier Group, KENT RO Systems Ltd, Koninklijke Philips N.V., LG Electronics, Inc, Panasonic Corporation, Xiaomi Group.
India Air Purifier Market Segmentation:
By Mounting Type: Based on the Mounting Type, India Air Purifier Market is segmented as; Fixed, Portable.
By Filter Type: Based on the Filter Type, India Air Purifier Market is segmented as; HEPA, HEPA + Activated Carbon, Prefilter + HEPA, Prefilter + HEPA + Activated Carbon, Others.
By Coverage Area: Based on the Coverage Area, India Air Purifier Market is segmented as; ≤ 300 sq. ft, 301 – 600 sq. ft, 601 – 900 sq. ft, > 900 sq. ft.
By End User: Based on the End User, India Air Purifier Market is segmented as; Commercial, Industrial, Residential.
By Distribution Channel: Based on the Distribution Channel, India Air Purifier Market is segmented as; Direct Sales, Multi-Branded Electronics Store, Online, Supermarket/Hypermarket, Others.
By Region: Because to the high PM2.5 levels, notably in Delhi-NCR, the Northern region generates the majority of industry revenue. Among five of the most polluted cities in the world, Delhi-NCR and nearby Ghaziabad and Greater Noida were listed. From October and December, the region's sales are at their highest. Due to the expansion of residential, corporate, and industrial units in places like Bangalore and Mumbai, there has been a major increase in demand over the review period from those states as well as the Western & Southern ones.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.