Ion & Ozone Air Purifiers Sales are Set to Decline in India
Increasing
pollution levels coupled with rising incidences of respiratory diseases,
surging disposable income and implementation of stringent laws by the
government to drive India air purifiers market through 2022
According to TechSci Research
report, “India Air Purifiers Market By Filter Type, By End User,
Competition Forecast & Opportunities, 2012 – 2022”, air purifiers market in India is projected to exhibit a CAGR of
over 33% during 2017-2022, on account of rapid urbanization, increasing carbon emissions from automobiles and
industries, surging health awareness and dependency on non-renewable sources of
energy. Moreover, inclination towards lifestyle products and growth in the number
of vehicles due to rising purchasing power of the customers are also expected
to propel the market during the forecast period. According to the Society of Indian
Automobile Manufacturers, more than 21.86 million units of vehicles were sold
in the country in 2016. Further, according to Climate Change Performance Index
in 2015, India stood at number 3 position in global CO2 emissions with a share
of 5.81%, which is significantly contributing in accelerating demand for air
purifiers in the country
HEPA and activated carbon filter dominated India
air purifiers market in 2016 and is anticipated to
control the market through 2022, followed by HEPA activated carbon and ion
ozone, ion and ozone, HEPA, electrostatic precipitators and activated carbon
and others. The fastest growth in demand is predicted to be exhibited by
activated carbon filter type during 2017-2022. Deteriorating air quality,
installation of air purifiers in a number of embassies, hotels, IT firms and
corporate offices, hospitals, schools, colleges, etc., in the country led the
commercial sector grab a major pie in the market in 2016. In addition, growth
in hospitality and medical tourism sectors is likely to be the most important
factor to drive the market in the coming years. Some of the
leading players operating in India air purifiers market include
Eureka Forbes
Ltd., Panasonic India Pvt. Ltd., Kent RO Systems Ltd., Atlanta Healthcare,
Crusaders Technologies India Pvt. Ltd., Blueair India Pvt. Ltd., Daikin
Airconditioning India Pvt Ltd., Sharp India Ltd., etc.
“Expanding urban population, rising incidences of air borne diseases,
augmenting technological advancements are anticipated to fuel growth in India
air purifier market over the course of next five years. Besides that, indoor
air pollution, efficiency of air purifiers to remove pollutants as tiny as
0.3 microns and focus towards sustainable and pollution
free environment are also likely to drive air purifiers market. With expanding pollution base, growing income levels
and rising number of multinational companies, North and West regions of the country are
expected to create huge demand for air purifiers in the coming five years.”,
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“India Air
Purifiers Market By Filter Type, By End
User, Competition Forecast & Opportunities, 2012 – 2022” has evaluated the future
growth potential of India air purifiers market and provides statistics and information
on market size, structure and future market growth. The report intends to
provide cutting-edge market intelligence and help decision makers take sound
investment evaluation. Besides, the report also identifies and analyzes the emerging trends along
with essential drivers, challenges and opportunities present in India air
purifiers market.
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