Author: priyankatechsci

According to the TechSci Research report, “India Lifestyle Market – Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2019-2029F”, the India Lifestyle market stood at USD50.4 million in 2023 and is anticipated to grow with a CAGR of 9.3% in the forecast period, 2025-2029. The India lifestyle market is a multifaceted and rapidly evolving industry that encapsulates a wide range of products and services catering to the diverse preferences, aspirations, and lifestyles of the country’s vast and varied population. From fashion and apparel to electronics, home decor, wellness, and entertainment, the Indian lifestyle market is characterized by its dynamic nature and the continuous adaptation to changing consumer trends and economic dynamics.

The India lifestyle market encompasses a vast and diverse spectrum of products and services that contribute to the enhancement of individuals’ quality of life and self-expression. This market includes fashion and apparel, electronics and gadgets, home and interior decor, health and wellness products, entertainment, travel and leisure, and much more. As India undergoes rapid urbanization, lifestyle choices have become an integral part of the urban population’s identity and self-presentation.

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Fashion and apparel form a significant segment of the Indian lifestyle market. India’s rich cultural heritage, diverse traditions, and the influence of global fashion trends contribute to a thriving fashion industry. Traditional Indian attire, such as sarees, kurta-pajamas, and sherwanis, coexist with contemporary Western fashion, creating a vibrant and eclectic fashion landscape. The country hosts numerous fashion weeks, including the renowned Lakmé Fashion Week and India Fashion Week, which showcase both established and emerging designers.

The electronics segment is another vital component of the India lifestyle market. With the proliferation of smartphones, laptops, and other gadgets, technology has become an integral part of modern living. The demand for cutting-edge consumer electronics, including smartphones, smart TVs, and wearable devices, remains consistently high. Additionally, India’s growing middle class is driving increased sales of home appliances and white goods, reflecting a desire for convenience and improved living standards.

Home and interior decor play a crucial role in shaping lifestyles. The Indian lifestyle market includes a wide range of home decor products, from furniture and furnishings to decorative items and artwork. The blending of traditional and modern aesthetics is a prominent trend, with consumers often seeking to create spaces that reflect their personal tastes and cultural backgrounds. Interior design services and home improvement products are also in demand, driven by the aspiration for comfortable and aesthetically pleasing living environments.

The health and wellness sector has experienced significant growth in India, with consumers becoming increasingly health-conscious. This segment encompasses dietary supplements, fitness equipment, organic and natural foods, and wellness services. Yoga, meditation, and Ayurvedic products are particularly popular, reflecting India’s deep-rooted wellness traditions. Additionally, the pursuit of mental health and self-care has led to the growth of wellness spas, retreats, and mindfulness apps.

The entertainment industry is a fundamental aspect of the Indian lifestyle market. India is home to one of the world’s largest film industries, Bollywood, which influences fashion, trends, and lifestyle choices. The emergence of digital streaming platforms has revolutionized the way consumers access content, contributing to the growth of online entertainment subscriptions. Additionally, the gaming industry has seen considerable expansion, with mobile gaming gaining widespread popularity.

Travel and leisure are integral components of the Indian lifestyle market, with a growing middle class and increased disposable incomes leading to a surge in domestic and international travel. Consumers seek travel-related products and services, including hotels, airlines, tour packages, adventure sports, and recreational activities. The desire for unique and immersive travel experiences has led to the growth of boutique hotels, eco-tourism, and culinary tourism.

The India lifestyle market is segmented based on product type, gender, and region.Based on the product type, the market is segmented into eating and drinking, sports and fitness, leisure and recreation, and others. Among these, eating and drinking hasa significant share in the India lifestyle market during the forecast period. India’s culinary landscape is incredibly diverse, with each region offering a unique array of flavors, ingredients, and cooking techniques. From the spicy cuisine of the South to the rich and aromatic dishes of the North, Indian food is a reflection of the country’s cultural heritage. This diversity drives the demand for a wide variety of ingredients, spices, and traditional foods, contributing to the growth of this segment.

Based on region, the market is segmented into North, South, East, and West. Among these, the North region has a significant share of the India lifestyle market during the forecast period. The North region, comprising states such as Delhi, Punjab, Haryana, Uttar Pradesh, and Rajasthan, includes major urban centers and economic hubs. The affluence and higher purchasing power of the population in these areas make them a lucrative market for lifestyle products and services.

Major companies operating in the India lifestyle market are:

• Amul Industries Private Limited
• Pepsico, Inc.
• Inditex Trent Retail India Private Limited (Zara)
• Gold Gym Inc
• Nike India Private Limited
• Britannia Industries Limited
• Nestlé India Limited
• Puma Sports India Private Limited
• Adidas India Private Limited
• Reebok India Company

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“The India lifestyle market is a dynamic and multifaceted industry that reflects the evolving preferences, aspirations, and lifestyles of the country’s diverse population. It encompasses a wide array of products and services, including fashion, electronics, home decor, health and wellness, entertainment, and travel. Key trends shaping the market include digital transformation, sustainability, health and wellness, regional diversity, and the influence of influencers and celebrities.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“India Lifestyle Market Size By Product Type (Eating and Drinking, Sports and Fitness, Leisure and Recreation, Others), By Gender (Male and Female), By Region, By Competition Forecast & Opportunities, 2019-2029F, has evaluated the future growth potential of the India lifestyle market globally and provides statistics and information on market structure, size, share, and future growth. The report provides cutting-edge market intelligence and helps decision-makers to make sound investment decisions. Besides, the report also identifies the emerging trends along with essential drivers, challenges, and opportunities present in the India lifestyle market.

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According to TechSci Research report, “China Air Purifiers Market – By Region, Competition Forecast & Opportunities, 2018-2028F,” the China Air Purifiers Market is anticipated to project robust growth in the forecast period on account of increasing air pollution, increasing affordability and various initiatives taken by the government. Additionally, product innovation with smart features by various companies is a prominent trend that is anticipated to affect new product launches throughout the forecast period.

An air purifier is a device that removes contaminants from the air in a place to improve indoor air quality. These devices are usually marketed as being helpful to allergy and asthma sufferers, as well as reducing or eliminating certain air pollutants. Dust, pollen, and dust mite feces are all allergens and, combined with smoke particles and volatile organic compounds (VOCs), can induce allergies in sensitive persons, and are toxic to health.. Specific components, such as VOCs, enhance the likelihood of developing sick building syndrome symptoms. Therefore, the requirement for a professional air purifier grows with a HEPA 13 or 14 filter that successfully removes pollens, fine particles of PM2.5 and PM10, VOCs (Volatile Organic Compounds), viruses, and bacteria.

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HEPA filter functioning depends upon the pre-filter as it plays a crucial role in preventing the entrance of large airborne particles and potentially clogging the delicate HEPA filter, such as pet fur, hair, and clumps of dust. The pre-filter prevents big airborne particles such as pet fur, hair, and clumps of dust from entering the air purifier and potentially clogging delicate HEPA filters. This significantly increases the HEPA filter’s lifespan and ensures that the HEPA filter has a greater capacity for catching small particles that are otherwise difficult to remove from the air.

However, there are certain categories of high-efficiency particulate air filters that are available in the market, which can filter out at least 99.97% of particles as small as 0.3m in size. While air purifiers without HEPA filters are available, which can be effective to some extent, HEPA filters are still a basic feature in many air purifier models on the market. To eliminate odors indoors, activated carbon filters, also known as adsorbent filters or deodorizing filters, are needed. They catch (volatile organic compounds) VOC through the adsorption process, in which VOCs adhere to the surfaces of the activated carbon atoms within the filter.

The fight against air pollution is an illustration of China’s potential to act on climate change and restore global faith in a more inclusive, resilient, and sustainable future. After the Chinese government intervened, efforts to improve air quality resulted in clean skies known as “Beijing Blue,” which became the new normal. According to the International Olympic Committee, China invested USD21 billion in air quality improvements to satisfy its obligations made in the 2000 bid, including modernizing 60,000 coal-burning boilers and converting more than 4,000 public buses to run on natural gas.

The China air purifiers market is segmented based on filter type, end use, distribution channel, region, and competitional landscape. Based on filter type, the market is further fragmented into HEPA + Activated Carbon; HEPA + Activated Carbon + Ion & Ozone; True HEPA and Others. Based on end use the market is segmented into residential/household and non-residential/commercial. On the basis of istribution channel, the market is segmented into direct/institutional sales, offline retail sales and online retail sales.

Key market players in the China Air Purifiers Market include:

• Philips (China) Investment Co., Ltd
• A.O. Smith (China) Water Heater Co., Ltd.
• Xiaomi Corporation
• Beijing Yadu Environmental Protection Technology Co., Ltd.
• Sharp Business (China) Co., Ltd
• Panasonic Ecology Systems Co., Ltd
• Daikin (China) Investment Co., Ltd.
• LG Electronics (China) Co. Ltd.
• Blueair (Shanghai) Sales Co. Ltd.
• Honeywell (China) Co. Ltd.,
• ADA Electrotech (Xiamen) Co., Ltd.

To remain competitive in the market companies are focusing on new smart product innovations and launches. For instance, in 2021 Huawei Smart Life released the Huawei Smart Life 720 Full-Efficiency Air Purifier 1Pro, which features a quad-core chip and can handle 800mh particle CADR and 400m3/h formaldehyde CADR. This makes it an excellent companion for removing pollutants, allergies, and toxins such as formaldehyde and is designed with 31db sound level to ensure that it does not disrupt sleep while in use.

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“Launching of new smart connected innovative products with latest technology is a significant trend that is expected to have an impact on growth of air purifiers market in China over the forecast period. Increasing health awareness among people of China and increasing affordability also have positive impact on the market. Moreover, the ease of availability of a wide range of air purifier products to meet the customers requirement, as well as the growing popularity of the online sales channels and seasonal sales and discount, are likely to influence the market growth.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

China Air Purifiers Market Size By Filter Type (HEPA + Activated Carbon; HEPA + Activated Carbon + Ion & Ozone; True HEPA and Others), By End Use (Residential/Household Vs. Non-Residential/Commercial), By Distribution Channel (Direct/Institutional Sales; Offline Retail Sales and Online Retail Sales), By Region, By Company, Forecast & Opportunities, 2018-2028F,”, has evaluated the future growth potential of air purifiers in China 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 air purifiers in China.

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According to TechSci Research report, “Vietnam Refrigerator Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Vietnam Refrigerator Market stood at USD 1804.56 million in 2023 and is anticipated to grow with a CAGR of 5.60% in the forecast period, 2025-2029. The Vietnam refrigerator market is a dynamic and rapidly evolving sector within the country’s consumer electronics industry. With a growing middle-class population and increasing urbanization, the demand for refrigeration appliances has been on the rise. This market has witnessed significant growth in recent years due to various factors, such as rising disposable incomes, changing lifestyle preferences, and an increased focus on food preservation and storage. The market features a diverse range of products, including single-door, double-door, and side-by-side refrigerators, catering to different consumer needs. Energy efficiency, environmental concerns, and technological advancements are driving innovation and competition in the market.

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Vietnam’s strong economic growth and rising disposable incomes have significantly contributed to the increasing demand for refrigerators. As the middle-class population expands, consumers have greater purchasing power and are looking to upgrade their household appliances, including refrigeration units. With higher incomes, there is a growing aspiration for better living standards, which often includes owning modern and technologically advanced refrigerators.

Urbanization has been a defining trend in Vietnam, with a large percentage of the population moving to cities in search of better job opportunities and improved living conditions. In urban areas, living spaces tend to be smaller and more compact, which has led to a surge in demand for space-efficient refrigerators. Single-door and bottom-freezer models are particularly popular in urban settings, as they fit into smaller kitchens and apartments while providing sufficient storage space.

In line with urbanization, there is a greater focus on food preservation and storage. More Vietnamese households are opting to cook at home rather than dine out, making the need for reliable refrigeration even more crucial. Refrigerators with advanced features, such as humidity-controlled drawers, specialized compartments for different types of food, and quick-cooling technology, have gained popularity. These features help maintain the freshness and quality of food items, reducing food waste and saving consumers money in the long run.

Energy efficiency and environmental concerns have also become paramount in the Vietnam refrigerator market. The government has taken steps to promote energy-efficient appliances by implementing regulations and initiatives that encourage consumers to choose eco-friendly options. Manufacturers have responded by developing refrigerators with inverter technology, which adjusts compressor speed based on cooling needs, resulting in lower energy consumption. Additionally, the use of environmentally friendly refrigerants like R600a and R290 is on the rise to reduce the carbon footprint of refrigeration systems.

One notable trend is the surge in demand for smart and connected refrigerators. As Vietnam’s population becomes increasingly tech-savvy, consumers are looking for appliances that offer convenience and customization. Smart refrigerators come equipped with features like Wi-Fi connectivity, mobile app control, and integration with other smart home devices. Users can remotely adjust settings, receive alerts, and even access recipes, weather updates, or music through touchscreen displays or voice-activated virtual assistants. This trend aligns with the global movement toward the Internet of Things (IoT) and smart homes.

Another trend in the Vietnam refrigerator market is the focus on customization and flexible storage solutions. Consumers, especially in smaller living spaces, are looking for refrigerators with adjustable shelves, movable dividers, and versatile compartments. These features allow users to configure the interior of the refrigerator to accommodate various types of food items, ensuring efficient organization and storage. The popularity of specialized storage options, such as humidity-controlled drawers and compartments for meat and vegetables, reflects the growing emphasis on food preservation.

The northern region of Vietnam, including major cities like Hanoi and Hai Phong, dominates the refrigerator market. This region is characterized by higher population density, greater urbanization, and increased income levels, which have driven the demand for modern and higher-end refrigerators. The northern region also benefits from a well-established distribution network, making it easier for consumers to access a wide range of refrigerator options.

The growth of online sales is a noteworthy trend in the Vietnam refrigerator market. With the expansion of internet access and smartphone penetration in the country, consumers have embraced online shopping as a convenient way to research, compare, and purchase refrigerators. E-commerce platforms offer a wide selection of products, competitive pricing, and the convenience of shopping from home. Manufacturers and retailers have recognized the potential of online sales and have invested in robust e-commerce strategies, including user-friendly websites, secure payment gateways, and efficient delivery systems.

Vietnam Refrigerator market is segmented into type, end user, technology, sales channel, and region.

Based on technology, the market is segmented into non-smart, smart.

The smart refrigerator segment is rapidly gaining prominence in the Vietnam Refrigerator Market. With the increasing tech-savvy consumer base, there’s a growing demand for refrigerators equipped with advanced features. Smart refrigerators offer convenience and customization through features like Wi-Fi connectivity, mobile app control, and integration with other smart home devices. This technology allows users to remotely adjust settings, receive alerts, and access additional information. Voice-activated virtual assistants and touchscreen displays further enhance user experience. As the trend towards smart homes and IoT continues to evolve, manufacturers are increasingly focusing on developing innovative and connected refrigeration appliances to cater to the modern, connected lifestyle of consumers in Vietnam.

Major companies operating in Vietnam Refrigerator market are:

• Samsung Electronics Vietnam Co., Ltd.
• Panasonic Vietnam Co.,Ltd
• Haier ElectricalAppliances Vietnam Co., Ltd
• Sharp Electronics (Vietnam) Company Limited
• Toshiba Vietnam consumer Products Co., Ltd
• LG Electronics Vietnam Hai Phong Co., Ltd,
• Arcelik Hitachi Home Appliances Sales Vietnam Co ,Ltd
• Mitsubishi Electric Corporation
• Vietbeko Co., Ltd
• Electrolux Vietnam Co. Ltd

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“ The Vietnam refrigerator market is experiencing robust growth driven by rising incomes, urbanization, and an increased focus on food preservation. Energy efficiency and eco-friendly options are popular among environmentally conscious consumers. Smart and connected refrigerators are on the rise, offering convenience and customization. Customization and flexible storage solutions are essential for consumers, particularly those living in compact spaces. The northern region, including Hanoi, dominates the market due to its higher population density and purchasing power. However, other regions are also witnessing growth. The online sales segment is flourishing, with e-commerce platforms offering convenience, variety, and competitive prices, reflecting changing consumer preferences and the digital landscape’s evolution.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Vietnam Refrigerator Market Size By Type (Top Freezer, Bottom Freezer, Side-by-Side, Single Door, French Door), By End User (Residential, Commercial), By Technology (Non-Smart, Smart), By Sales Channel (Supermarkets/Hypermarkets, Multi Branded Stores, Online, Others (Direct Sales, etc.)) By Region, By Competition Forecast & Opportunities, 2019-2029F, has evaluated the future growth potential of Vietnam Refrigerator market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers make sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Vietnam Refrigerator market.

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According to TechSci Research report, “Thailand Water Purifier Market – Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Thailand Water Purifier Market stood at USD 310.92 million in 2023 and is anticipated to grow with a CAGR of 10.04% in the forecast period, 2025-2029. The Thailand water purifier market represents a dynamic and evolving sector within the country’s consumer goods industry. Driven by increasing concerns about water quality and a growing emphasis on health and wellness, the market for water purification systems has witnessed significant growth. Thailand’s diverse market landscape, ranging from urban centers to rural communities, presents unique opportunities and challenges for water purifier manufacturers and distributors.

A heightened awareness of waterborne diseases and contaminants has fueled the demand for water purification solutions. Consumers prioritize access to clean and safe drinking water, driving the adoption of water purifiers in households, businesses, and public facilities across Thailand.

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Continuous advancements in water purification technologies have led to the development of innovative filtration systems. These range from simple, cost-effective purifiers to more sophisticated models equipped with multi-stage filtration, UV disinfection, and reverse osmosis technologies.

Thailand’s increasing focus on environmental sustainability aligns with consumer preferences for eco-friendly water purifiers. Products designed with energy-efficient features, minimal waste, and sustainable materials have gained traction in the market.

The residential segment represents a significant portion of the Thailand water purifier market. Increasing urbanization and concerns about tap water quality in cities like Bangkok have propelled the demand for home water purification systems, including countertop filters, under-the-sink purifiers, and whole-house filtration units.

The commercial and industrial sectors, including offices, hotels, restaurants, and manufacturing facilities, also contribute significantly to the market. Large-scale purification systems capable of handling higher water volumes and ensuring quality standards are in demand within these sectors.

Perceptions regarding tap water quality pose a challenge to market growth. Educating consumers about the benefits of water purifiers and addressing misconceptions about tap water quality remain essential.

The market faces intense competition among numerous local and international brands. Product differentiation, innovation, and effective marketing strategies are crucial for companies to stand out and capture market share.

Establishing robust distribution networks and providing efficient after-sales service are critical for market penetration. Ensuring product availability, installation, and maintenance support enhances consumer trust and satisfaction.

Thailand’s government initiatives promoting access to clean water and efforts to regulate water quality play a significant role in shaping the water purifier market. Adherence to quality standards and certifications is essential for manufacturers to comply with regulatory requirements and gain consumer trust.

Thailand water purifier market is segmented into type, sales channel, regional, and company.

Based on the type, the under sink segment emerged as the dominant player in the Thailand water purifier market. The under-sink water purifier segment caters to residential needs, offering compact and effective filtration solutions that integrate seamlessly into households. These systems are designed to fit under the kitchen sink, providing convenience while ensuring a dedicated source of purified water for cooking and drinking purposes.

Under-sink water purifiers often incorporate advanced filtration technologies such as reverse osmosis (RO) and multi-stage filtration systems. These technologies effectively remove impurities, contaminants, heavy metals, and microbes from the water, providing high-quality drinking water for households.

Consumer preferences for dedicated and continuous access to clean drinking water within homes have significantly contributed to the dominance of the under-sink segment. Consumers perceive these systems as reliable, offering a consistent supply of purified water without occupying valuable countertop space.

Based on region, Bangkok Region has a significant share of the Thailand water purifier market. Residents in Bangkok are increasingly aware of waterborne pollutants and contaminants present in tap water. This awareness has led to a greater emphasis on accessing clean and safe drinking water, prompting the adoption of water purifiers in households and businesses across the city.

Bangkok’s market benefits from technological advancements in water purification systems. Manufacturers continually innovate to offer a diverse range of products, including under-sink filters, countertop purifiers, and advanced filtration units tailored to meet the specific needs of Bangkok’s residents and businesses.

The city’s residents prioritize health and environmental sustainability, seeking water purification solutions that align with eco-friendly practices. Water purifiers equipped with energy-efficient features and sustainable materials are favored, reflecting a growing consciousness toward healthier and more sustainable lifestyle choices.

Major companies operating in Thailand Water Purifier Market are:

• Mazuma (Thailand) Co., Ltd.
• Function International Public Company Limited
• Coway (Thailand) Company Limited
• Amway Thailand Ltd.
• Filter Vision Public Company Limited
• Aquacheme Co., Ltd.
• Panasonic Solutions (Thailand) Co, Ltd.
• Smart Electrical Supplies Company Limited (Clarte)
• Filter Mart Company Limited
• Sabai Connex Tech Public Company Limited (Safe)
• By Cleansui Company Limited

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“The Thailand water purifier market presents a mix of opportunities and challenges driven by increased health awareness, technological advancements, environmental concerns, and regulatory dynamics. As consumers prioritize access to clean and safe drinking water, the market continues to evolve with innovations in technology, increased market competition, and efforts to educate and engage consumers. With ongoing support from government initiatives and a diverse consumer base, the water purifier market in Thailand is poised for continued growth and development, catering to the evolving needs of households, businesses, and industries across the country.” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Thailand Water Purifier Market –Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Type (Under Sink, Counter Top, Faucet Mount, Others), By Sales Channel (Retail, Distributor, Direct, E Commerce, Others), By Region, By Competition, 2019-2029, has evaluated the future growth potential of Thailand water purifier market and provides statistics & information on market size, structure and future market growth. The report intends 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 in Thailand water purifier market.

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