Philips Continue to Lead China Air Purifiers Market
Growing
awareness about air pollution and its health impact, increasing carbon emissions due to rising number
of automobiles and industries coupled with rising consumer inclination towards
lifestyle products to propel demand for air purifiers in China through
2022
According to a recently published TechSci Research report, “China Air Purifiers Market
By Filter Type,
By End User, Competition Forecast
& Opportunities, 2012 – 2022”, China air purifiers market is projected
to exhibit a CAGR of 19% during 2017-2022. Growth is expected to be driven by deteriorating
air quality due to rising vehicular pollution and booming industrial sector in
the country, which is resulting in higher PM2.5 concentration levels, and consequently,
increasing incidences of respiratory diseases. Moreover, increasing awareness among
people about the health benefits of air purifiers and rising per capita income
levels are anticipated to boost demand for air purifiers in China in the coming
years.
Browse 37
market data Tables and 29 Figures spread through 105 Pages and an in-depth
TOC on "China
Air Purifiers Market"
https://www.techsciresearch.com/report/china-air-purifiers-market/1252.html
According to Organisation Internationale des
Constructeurs d'Automobiles (OICA), more than 24.37 million units of passenger cars
and over 3.65 million units of commercial vehicles were sold in China in 2016. Owing
to increasing sales of vehicles in the country, vehicular pollution, especially
in major cities such as Beijing, Lanzhou, Tianjin, Chengdu, etc., is increasing
and quality of air is deteriorating at a fast pace, thereby resulting in rising
demand for air purifiers in China. In 2016, North China accounted for the
largest share in China air purifiers market, and the region is anticipated to
maintain its dominance in the market during forecast period, predominantly on
account of huge presence of manufacturing units and commercial spaces as well
as rising tourist footfall in the region.
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“Air purifiers are capable of
effectively removing bacteria, viruses and particulate matters such as PM2.5
& PM10 present in surrounding air, thereby aiding in combating seasonal allergies,
asthma and other health issues. Air purifier companies operating in China are hugely
investing in formulating and implementing marketing strategies and introducing innovative
air purifiers, which is helping them to increase consumer awareness about air
purifiers as well as their brand value and sales.”, said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“China
Air Purifiers Market By Filter Type, By End User, Competition Forecast
& Opportunities, 2012 – 2022” has evaluated the future growth potential of air purifiers market and
provides statistics and information on market structure, size, share and future
growth. 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 the emerging trends along with essential drivers,
challenges and opportunities present in China air purifiers market.
About TechSci Research
TechSci Research is a leading global market research firm
publishing premium market research reports. Serving 700 global clients with more than 600 premium market
research studies, TechSci Research is serving clients across 11 different
industrial verticals. TechSci Research specializes in research based consulting
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applications. Our workforce of more than 100 fulltime Analysts and Consultants
employing innovative research solutions and tracking global and country
specific high growth markets helps TechSci clients to lead rather than follow
market trends.
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