India Air Purifier Market Share

Market Overview: India Air Purifier Market

In the recent study, India Air Purifier Market Research Report,’ “MarkNtel Advisors – Leading Market Research Company” highlighted every essential and specific element that would aid in guiding stakeholders. The research provides the overall market landscape, key insights, significant drivers, major competitors, regulatory landscape, opportunities, current trends, the industry’s supply chain structure, changing policies, and the classification of product types, applications, major players, and sectors, among other things. The usage of self-explanatory tables, pie charts, and graphs in a creative format is one of the report’s standout features.

Growth Prospect of India Air Purifier Market:

The High Maintenance Costs Could Impede the Growth of the Market: Despite the astonishing Air Quality Index levels reported in Delhi, the air purifiers market has yet to reach its full potential. One reason for this is that Indian consumers are hesitant to buy air purifiers. Air purifiers are inexpensive to purchase, but they are far more expensive to operate, as they frequently require filter changes once or twice a year and should be left on at all times. When the cost of energy and filter maintenance is factored in, the long-term cost of air purifiers gets a little more complicated.

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Industry Size, Share and Value By 2030

The India Air Purifier Market size is projected to grow at a CAGR of around 7.4% during the forecast period, i.e., 2024-30. The country’s rising level of air pollution is pushing the market for air purifiers. The Indian market for air purifiers is quickly developing due to the prevalence of airborne diseases and pollution in various Indian cities. This has led to an increase in the use of air purifiers, as indoor air can be more contaminated than outdoor air due to a lack of circulation, hastening market growth during the forecast period.

Enlisting of the Market Segmentation & Identification of the Top Companies

To better understand or have an in-depth understanding of the industry, our dedicated group has put all of their efforts, following a rigorous research pattern to make the client better understand the India Air Purifier.

-By Type of Filters

HEPA+ Activated Carbon (AC)
HEPA +AC + Ion
HEPA + Electrostatic Precipitator
HEPA + Ion & Ozone
Others

-By Leading Cities

Delhi NCR
Mumbai
Chennai
Kolkata
Hyderabad

-By End Users

Hotels
Business Parks
Education
Healthcare

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Every market has major participants playing their individual role to bring new creations or upgradation in the particular market. This section offers an assessment of the competition in the market of India Air Purifier:

Eureka Forbes Ltd.
Philips India Ltd.
Honeywell International Pvt Ltd.
Kent RO Systems Ltd.
Blueair India Pvt. Ltd.
Panasonic India Pvt. Ltd.
Crusaders Technologies India Pvt. Ltd.
Sharp Business Systems (India) Private Limited
Daikin Air Conditioning India Pvt Ltd.

Geographical Landscape of the India Air Purifier Market

-By Region

North
Central
West
South
North East
East

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Valuable Highlights in the India Air Purifier Market

The India Air Purifier Market research offers information on the prevailing situation of the industry, including data on statistics, market size, and revenue.
The India Air Purifier Industry Report gives a clear picture of the industry by analyzing the emerging trends & possible opportunities that would assist the investors or venture capitalists to take profitable decisions.
The study includes deep insights about the market, making market players informed about the target audience, including demographics & purchasing behaviors.
The India Air Purifier Market study provides a detailed examination of the industry’s competitive landscape, including information on market share & pricing strategies.

Key Questions Addressed in the Market Research Report:

What is the projected size, share, & CAGR of the India Air Purifier Market in the future years?
What are the key trends & emerging opportunities likely to impact the India Air Purifier Market during 2024-30?
What are crucial aspects creating a barrier to the market growth?
What are the different segments & sub-segments considered in the market of India Air Purifier research study?
Who are the key stakeholders & players participating in the India Air Purifier Market?
What would be the demand for different types of products/services in the India Air Purifier through 2030?

Related Reports:

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The new report by Expert Market Research titled, ‘India Air Purifier Market Share, Report and Forecast 2023-2028, gives an in-depth analysis of the India air purifier market, assessing the market based on its segments like mounting types, technologies, applications, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2028)

Historical Market Size (2022): Nearly USD 100.41 million
Forecast CAGR (2023-2028): 6%
Forecast Market Size (2028): About USD 597.11 million

The rise in the Indian market for air purifiers can be determined by the rapidly deteriorating air quality in Indian states like Punjab, Haryana, and Delhi, among others. The increasing air pollution caused by vehicular combustion burning, stubble burning, and extreme winter conditions hinders the movement of the air and causes smog, which is surging the demand for air purifiers. Moreover, the emergence of various airborne diseases and health conditions such as bronchitis, asthma, acute headaches, and throat pains, among others, is augmenting the market for air purifier in the country.

The growing awareness regarding the contamination of indoor air than the outside air is increasing the demand for air purifiers, thus providing impetus to the market growth. Further, the increasing cost-effectiveness of air purifiers in the country is surging their utilisation in Indian households, thereby boosting the market growth.

Industry Definition and Segmentation

Air purifiers are equipment that removes contaminants from an enclosed room to improve indoor air quality. These air purifiers contain filters and fans that function by sucking the air, passing through filters to absorb undesirable particles.

On the basis of mounting types, the market can be segmented into:

Fixed
Portable

Based on technology, the market can be categorised into:

High-Efficiency Particulate Air (HEPA)
Activated Carbon
Ionic Filters
Others

The market, based on application, can be divided into:

Commercial
Residential
Industrial

The regional markets of the product include:

North India
South India
West India
East India

Market Trends

Advancements in air purification technology are leading factors expanding the market for air purifiers in India. The growing popularity of air purifiers containing High-Efficiency Particulate Air (HEPA) filters that constitute high-velocity air designed to dry out viruses is providing impetus to the market. The rising demand for air purifiers that can efficiently eliminate microbes, in the wake of the coronavirus pandemic, is adding to the overall growth of the market. Furthermore, advancements in breakthrough UV light to collect and completely eliminate unwanted microorganisms are estimated to significantly contribute to the growth of the market in the forecast period.

Key Market Players

The major players in the market are Dyson Technology India Pvt Ltd, Blue Star Limited., Radic8 Pte Ltd., Daikin Airconditioning India Pvt. Ltd., and Elofic Industries Limited, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.