New Zealand Air Purifiers Market to be Valued USD14.48 Million by 2030
Increasing disposable income of
consumers and growing health consciousness among consumers are driving factors
for the growth of air purifiers in New Zealand.
According to
TechSci Research report, “New
Zealand Air Purifiers Market By Filter Type (Prefilter + HEPA + Activated
Carbon, HEPA + Activated Carbon, HEPA, and Other Air Purifiers), By Price
Segment (Low, Medium, High), By Sales Channel (General Trade and Modern Trade),
By Region, Competition, Forecast & Opportunities, 2030F”, the New Zealand Air
Purifiers market is forecast to grow at a rate of over 7.42% to reach USD14.48
million by 2030F. The market growth is stimulated by various factors such as
growing urbanization and increasing disposable income of consumers which
results in rising purchasing power of the consumer. The demand for air
purifiers in the projected period is likely to register good growth owing to an
increase in pollution level and the need for fresh air to breathe. Air
purifiers are meant to remove indoor air pollutants such as pollens, allergens,
cooking fumes, dust mites, pet dander, tobacco smoke, and so on. They are quite
beneficial for those who suffer from allergies, have asthma or other
respiratory problems, or homes with infants and small children. Even though New
Zealand has superior air quality in comparison to many other nations, in recent
times, there has been an increasing instance of respiratory diseases and
approximately 300 cases of tuberculosis (TB) are diagnosed each year in the
country. Moreover, growing exposure to airborne pollutants and irritants is
anticipated to increase the risk of airborne diseases. This has led to an
increasing focus on health and wellbeing among the people in the country. As
air purifiers have the capacity to clean the air and keep users away from these
diseases, the demand for air purifiers across New Zealand is expected to
register growth during the forecast period.
Airborne diseases such as
the common cold and flu spread through tiny pathogens floating around in the
air. When one family member catches the flu, it is not uncommon for the rest of
the family to get sick as well. This happens because everyone is breathing the
same air that is infected with bacteria and viruses. Air purifiers with HEPA
filters capture these bacteria and viruses. When you remove the cause of
airborne diseases, you safeguard yourself and your family from them. If you
live with elderly people, children, or anyone with a weakened immune system,
air purifiers are a must in those houses. Indoor air pollution can affect your cardiac,
respiratory, and even neurological systems. Chemicals and gases from common
household products can accumulate in your lungs. The airborne particles are so
small that they penetrate the blood-brain barrier, impacting your brain and
cognitive functions. A good air purifier traps even the fine particles
providing you with better air quality.
Anticipated
improvement in the country’s GDP in the coming years is expected to boost the
personal disposable income of consumers, thereby shifting their focus towards
preventive healthcare from traditional curative healthcare. This is anticipated
to augur well for the New Zealand air purifiers market during the forecast
period.
Browse 19 market data Figures and 7 Tables spread through 76
Pages and an in-depth TOC on"New Zealand Air Purifiers Market"
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The New Zealand air
purifiers market is segmented into filter type, price segment, sales channel,
region and company. In terms of filter type, the market is segregated into
Prefilter + HEPA + Activated Carbon, HEPA + Activated Carbon, HEPA, and other
air purifiers. Out of these, the Prefilter + HEPA + Activated Carbon registered
a market share of around 47% in 2020 because of the rise in airborne diseases
and health concerns, whereas the HEPA filter type is the fastest-growing air
purifiers among others. In terms of the price segment, the New Zealand market
is segmented into low, medium, and high. Among which the medium price air
purifiers is more purchased by the consumers across the country due to cost
efficiency as most of the consumers prefer to get good air purifiers at a
medium price range. Furthermore ‘low’ price range air purifiers registered the
fastest growth with a market share of approximately 29% in 2020. In terms of
sales channel, the market is segmented into modern trade, and general trade,
wherein the modern trade has dominated the market with a majority share of
around 77% in 2020. In terms of regional analysis, the New Zealand air purifiers
market is divided into North Island & South Island. Among which, the North
Island dominates the air purifiers market across the country, due to high per
capita income and higher spending of people on lifestyle.
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“The rising
health concern is stimulating the growth of the air purifiers market across the
country. Air Purifier removes harmful radon, eliminates hazardous asbestos
particles. Companies are coming up with the best technologies to stay
competitive in the market.” said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“New Zealand Air Purifiers Market By Filter Type
(Prefilter + HEPA + Activated Carbon, HEPA + Activated Carbon, HEPA, and Other
Air Purifiers), By Price Segment (Low, Medium, High), By Sales Channel (General
Trade and Modern Trade), By Region, Competition, Forecast & Opportunities,
2030F”,
has evaluated the future growth potential of air
purifiers in New Zealand 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
decision. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities present in New
Zealand air purifiers market.
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