India Air Purifier Market to Grow at over 28% CAGR until 2023
Increasing pollution levels,
growing incidences of respiratory diseases, rising urban population and
inclination towards lifestyle products to drive India air purifier market
through 2023
According to TechSci Research report, “India Air Purifier Market By Filter Combination , By End User, Competition Forecast &
Opportunities, 2013 – 2023”,
air purifier market in India is forecast to witness a CAGR of more than 28% during
2018 - 2023. Levels of air pollution are
increasing at a brisk pace in India, owing to rapid industrialization and
urbanization, growing vehicle sales and increasing number of construction
projects. According to WHO, in terms of PM10 levels, 13 cities in India were
among the top 20 most polluted cities of the world in 2016. Consequently, growing
concerns regarding the harmful effects of air pollution on health are expected
to boost demand for air purifiers in the country during forecast period.
Browse 8 market data Tables and 42 Figures spread
through 94 Pages and an in-depth
TOC on "India Air Purifier Market"
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Medical tourism industry in the country is growing
at a fast pace, backed by the availability of low cost medical care related to
cardiology, urology and orthopedics. In order to ensure clean air for the
patients, hospitals are increasingly installing air purifiers in their
premises. On account of surging health concerns and rise in incidences of respiratory
diseases among people, demand for air purifiers is likely to witness strong
growth. North India is the
largest demand generating region for air purifiers in the country. The region
includes cities with high pollution levels such as Delhi NCR, Ludhiana, Kanpur,
Amritsar, etc. Rising urban population and increasing number of industries, residential
buildings, etc., affect the quality of air in the region, thereby resulting in
huge demand for air purifiers.
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“Growing exposure to airborne
pollutants and irritants is increasing the risk of airborne diseases,
especially in the urban areas in India. Rising awareness regarding increasing
pollution and benefits of air purifiers is consequently boosting their demand
in the country. Moreover, various foreign embassies, multinational companies,
international schools, healthcare facilities, international governing bodies,
etc., are installing air purifiers in their premises to ensure clean indoor
environment. Such developments would provide lucrative opportunities to air
purifier companies operating in India in the coming years.”, said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“India
Air Purifier Market By Filter Combination, By End User, Competition Forecast &
Opportunities, 2013 – 2023” has
evaluated the future growth potential of India air purifier 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 decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges and opportunities present in India air purifier market.
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