Vietnam Air Purifiers Market to Surpass USD 160.05 Million by 2030
Increasing concerns about indoor
air pollution, growing urbanization and rising disposable income to drive Vietnam
air purifiers market through 2030
According to TechSci Research
report, “Vietnam
Air Purifiers Market By Filter Type (Prefilter + HEPA + Activated Carbon,
Prefilter + HEPA and HEPA and Other Air Purifiers), By Price Segment (Low,
Medium, High), By Sales Channel (General Trade and Modern Trade), By Region,
Competition, Forecast & Opportunities, 2011 – 2030”, Vietnam market stood at USD
38.05 Million in 2019 and is forecast to reach USD 160.05 Million by 2030. Level
of air pollution is increasing at a robust pace in Vietnam, owing to rapid
industrialization, transportation, growing car sales and increasing number of
construction projects. Pollution contaminates the air and increases risk of
various types of diseases. Moreover, growing concerns regarding indoor
pollution, which is more dangerous than outdoor pollution, is further expected
to drive Vietnam air purifiers market.
People from Tier II and Tier
III cities are moving to metropolitan cities in search of better job prospects
and standard of living. Further, increasing construction of new houses is
leading to rising air pollution levels and deteriorating quality of air. Thus,
in order to overcome health problems associated with poor air quality, more and
more people are expected to purchase air purifiers to safeguard themselves from
adverse effects of air pollution.
Browse 29 market data Figures and Tables spread
through 82 Pages and an in-depth TOC on "Vietnam Air Purifiers
Market"
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Vietnam
air purifier market can be segregated based on filter type, price segment,
sales channel and region. In 2019, North Vietnam accounted for the largest
share, in value terms, in Vietnam air purifiers market, owing to high population
and disposable income of the people living in the region. Further, North
Vietnam is also expected to maintain its dominance during the forecast period
as well in Vietnam air purifiers market on account of the increasing presence
of major players such as Panasonic, Dakin and Sharp, in addition to the
availability of service centers, dealers and distributors in the region.
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“Multi-filtration
technology-based air purifiers include prefilter + HEPA + activated carbon
filter-based air purifiers, Prefilter + HEPA based air purifiers, etc. These
types of air purifiers cumulatively accounted for more than 60% volume shares
in Vietnam air purifiers market in 2019, on account of increasing demand from
residential and commercial sectors, growing consumer awareness regarding
harmful effects of indoor air pollution and changing consumer preferences
towards lifestyle products.” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Vietnam
Air Purifiers Market By Filter Type (Prefilter + HEPA + Activated Carbon,
Prefilter + HEPA and HEPA and Other Air Purifiers), By Price Segment (Low,
Medium, High), By Sales Channel (General Trade and Modern Trade), By Region,
Competition, Forecast & Opportunities, 2011 – 2030” has evaluated the future
growth potential of Vietnam 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
to take sound investment decision. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges and
opportunities present in Vietnam air purifiers market.
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