India Air Purifiers Market to Reach $209 Million by 2021: TechSci Research Report
NEW YORK, June 9, 2016 /PRNewswire/ --
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.
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Browse 14 market data Tables and 20 Figures spread through 115 Pages and an in-depth TOC on
"India Air Purifiers Market"
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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