India air purifier market stood at $ 49 million in 2018 and is projected to grow at a CAGR of over 28% during 2019-2024 to reach over $ 220 million by 2024, on the back of rising expenditure on health and wellness products along with growing awareness regarding hazardous effects of air pollution. In addition, growing technological advancements, rising incidences of respiratory diseases, surging disposable income and growing urban population are expected to boost the demand for air purifiers in the country during forecast period. Some of the other factors that would have a positive impact on air purifiers market in India are aggressive marketing strategies and demand for premium products.
India air purifier market stood at $ 49 million in 2018 and is projected to grow at a CAGR of over 28% during 2019-2024 to reach over $ 220 million by 2024, on the back of rising expenditure on health and wellness products along with growing awareness regarding hazardous effects of air pollution. In addition, growing technological advancements, rising incidences of respiratory diseases, surging disposable income and growing urban population are expected to boost the demand for air purifiers in the country during forecast period. Some of the other factors that would have a positive impact on air purifiers market in India are aggressive marketing strategies and demand for premium products.
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Years considered for this report:
Historical Years: 2014-2017
Base Year: 2018
Estimated Year: 2019
Forecast Period: 2020-2024
Objective of the Study:
- To analyze and forecast India air purifier market size.
- To define, classify and forecast India air purifier market on the basis of filter type, end user and regional distribution.
- To scrutinize the detailed market segmentation and forecast the market size, in terms of value, on the basis of region by segmenting India air purifier market into four regions, namely, North, West, East and South.
- To identify tailwinds and headwinds for India air purifier Market.
- To examine competitive developments such as expansions, new product launches, supply contracts, and mergers & acquisitions in India air purifier market.
- To evaluate competitor pricing, average market selling prices and trends in India air purifier market.
- To strategically profile leading players operating in India air purifier market.
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Some of the major players operating in India air purifier market are Eureka Forbes Ltd., Philips India Ltd., Honeywell International Pvt Ltd., Kent RO Systems Ltd., Blueair India Pvt. Ltd., Panasonic India Pvt. Ltd., Crusaders Technologies India Pvt. Ltd., Sharp Business Systems (India) Private Limited, Daikin Air Conditioning India Pvt Ltd., etc.
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of air purifier manufacturers and suppliers in India air purifier Market. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, end user, and regional presence of all major air purifier suppliers across India.
TechSci Research calculated India air purifier market using a bottom-up approach, where manufacturers’ value sales data for different filer types was recorded as well as forecast for the future years was made. TechSci Research sourced these values from company annual reports, Ministry of Corporate Affairs, Ministry of Statistics & Programme Implementation (MoSPI), World Bank, press releases, industry magazines, industry reports, news dailies, credible paid databases, proprietary databases, etc., were also studied by TechSci Research.
Key Target Audience:
- Air purifier manufacturers and suppliers
- Research organizations and consulting companies
- Associations, organizations and alliances related to air purifiers
- Government bodies such as regulating authorities and policy makers
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as air purifier manufacturers, distributors, dealers and policy makers. The study would help them in identifying which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.
Report Scope:
In this report, India air purifier market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, by Filter Type:
- HEPA and Activated Carbon
- HEPA, Activated Carbon and Ion Ozone
- HEPA
- Activated Carbon
- Electrostatic Precipitator
- Ion & Ozone
- Other Air Purifier
- Market, by End User:
- Residential
- Commercial
- Industrial
- Market, by Region:
- North
- South
- East
- West
Competitive Landscape
Competition Outlook: Outlook of leading 10 players on the basis of product portfolio, market pricing, average selling price, sales footprint, etc.
Company Profiles: Detailed analysis of the major companies present in India air purifier market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Channel Partner Analysis
- Detailed list of distributors and dealers across the country.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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The rapid growth of the air purifier market in India is exciting, fueled by Monkey Mart Game rising awareness of air pollution's health impacts and increasing disposable incomes, reflecting a positive shift towards health-conscious living in urban areas.