India Air Purifier Market to Grow at 28% CAGR through 2024

Increasing pollution levels, rising incidences of respiratory diseases, surging disposable income and growing urban population to drive India air purifier market through 2024

According to TechSci Research report, “India Air Purifier Market By Filter Type, By End Use, Competition Forecast & Opportunities, 2014 – 2024”, air purifier market in the country is forecast to grow at a CAGR of over 28% during 2019-2024. Air purifier is a device which cleans the polluted air and is capable of effectively removing bacteria, viruses and particulate matter present in the air. Air purifiers are different from air cleaners in their application, size, cost and area of purification. Level of air pollution is increasing at a robust pace in India, owing to rapid industrialization, growing vehicle sales and increasing number of construction projects. Moreover, growing concerns regarding indoor pollution, which is more dangerous than outdoor pollution, is expected to drive the market for air purifiers in India.

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“India Air Purifier Market”

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India’s medical tourism industry is growing at a fast pace, owing to the availability of cheaper medical facilities related to cardiology, urology and orthopaedics, in the country compared to other developed countries. Over the coming years, number of medical tourists in India is expected to grow. In order to ensure clean air for the patients, hospitals are increasingly installing air purifiers in their premises. On account of surging health concerns and rise in incidence of diseases among people, number of hospitals is expected to increase, thereby driving demand for air purifiers, in the coming years.

North region accounted for a major share in India air purifier market. Northern part of the country includes cities with high pollution levels such as Delhi NCR, Ludhiana, Kanpur and Amritsar. Increasing urban population and rising number of industries, houses, private vehicular transport, etc., affect the quality of air.

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“Rising awareness about surging pollution and increasing instances of respiratory diseases caused by various air pollutants is expected to drive the market. Air purifiers clean the air and keep users away from these diseases. This precautionary trend is expected to aid the growth of India air purifier market during the forecast period. Also, various foreign embassies, multinational companies, international schools, internationals governing bodies, etc., are installing air purifiers in their premises to ensure clean indoor environment for their staff members.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“India Air Purifier Market By Filter Type, By End Use, Competition Forecast & Opportunities, 2014 – 2024” has evaluated the future growth potential of India air purifier 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 decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in India air purifier market.

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