India Air Purifier Market, according to a recent analysis by 6WResearch India air purifier market is anticipated to reach a billion by 2028. The air purifier market is predicted to grow at a CAGR of 17.2% 2022 to 2028. The market is primarily driven by rising air pollution levels. The COVID-19 pandemic increased awareness of the benefits of air purifiers. By removing contaminants such as dust, smoke, and pollen, air purifiers help to eliminate various health hazards caused by poor air quality. The air purifier market scales its products to help people with asthma, allergies and other respiratory problems. As a result, rising consumer awareness of health issues is likely to increase product demand over the forecast period.
High Efficiency Particulate Air
One of the most significant components of the purifier is the air filter. HEPA (High Efficiency Particulate Air) filters dominate the air purifier market in terms of technology. HEPA filters must catch 99.97 per cent of all particles larger than 0.3 microns. The HEPA filter is made of a tiny fibre-like material that has been folded back and forth to form a maze of randomly organised fibres. That provides a vast surface area for air to be pushed through by the air purifier fan. Most HEPA filters must be replaced on an annual basis.
India air purifier market is projected to witness tremendous growth during the forecast period due to increasing industrialization like electricity and manufacturing industry rate which is the top cause of deteriorating air quality and will be harmful to the nearby residents. Hence, it is anticipated to encourage the installation of air purifiers not only in the residential sector but also in industries. As well as ensure installation of air purifiers to create pollution-free air for the workers and is projected to leave a positive impact on growth. If India air purifier market in the coming years.
Furthermore, because of their advanced features, India air purifiers are more expensive than traditional air purifiers, preventing the mass consumer segment from purchasing the product. The product is more expensive not only in developed countries but also in developing countries, putting it out of reach of the middle-class and lower-middle-class customer segments. As a result, the abundance of substitutes may stifle market growth.
COVID-19 Impact on India Air Purifier Market
The COVID-19 pandemic outbreak has created considerable business prospects for purifier manufacturers. Manufacturers are increasing production and expanding their product. Offerings in response to increased demand from a variety of industries, including hotels, hospitals, households, and commercial areas. The pandemic outbreak has resulted in the air purifier being labelled as a “Must-have appliance,” signalling a significant shift away from the luxury item category.
Governments all across the world have implemented lockdown measures to prevent the spread of COVID-19. As a result, the Air Purifier market was boosted due to the WFH policies as most daily life requirements. Furthermore, filtration systems are in great demand from hospitals, institutions, and government agencies, as clients seek solutions to limit the spread of the coronavirus.
During the covid-19 pandemic, new product development and technological advancements are expected to boost market growth. For example, Aurabeat Technology Limited, a Hong Kong-based company. Introduced the Aurabeat AG+ Silver ion plasma sterilisation Air Purifier in September 2020. Which can eliminate more than 99.9 percent of COVID-19 in 30 minutes.
India Air Purifier Market Segmentation
Due to increased concerns about indoor air pollution. The residential sector now dominates the market with the highest revenue share in the entire India air purifier market. Tier 1 cities accounted for a large portion of the air purifier market in 2016, with demand coming primarily from the northern region of the country.
According to a 6Wresearch analyst, “demand for air purifiers is likely to expand in nations. Where per capita disposable income is increasing and the standard of living is changing.”
End-Users: – In 2020, India become the largest revenue in India Air Purifier Market Share. Commercial and institutional customers, such as hotels, hospitals, corporations, embassies, and others, contributed the remaining revenue.
Growth Drivers
The increased introduction of Indian brands and products in the market. As well as the adoption of premium and technologically advanced air purifiers, will help the growth of India’s air purifier market over the forecast period.
Due to their ability to provide a sterile environment to protect workers throughout the manufacturing process. Air purifiers will see increased demand from the industrial sector. Air purifiers are popular in the construction industry. Because abrasive tiny dust particles are released from storage facilities, factories, and industrial facilities, endangering employees’ safety and the health of those who reside nearby.
The number of automobiles on the road has more than doubled as a result of modernization, emitting a significant amount of hazardous pollutants. Older household appliances, such as coolers and freezers, are significant CFC emitters.
India Air Purifier Market Industry Key Players
The 6Wresearch report provides a detailed analysis of the following significant companies in the India Air Purifier market. Including capacity, market share, and recent developments such as capacity expansion, plant diversion, and mergers and acquisitions.
- Blue-star Limited
- Radic8 Pte Ltd
- Dyson Technology India Pvt Ltd
- Elofic Industries Limited
- Daikin Airconditioning India Pvt Ltd
- LG
- Panasonic
- Godrej
- Others