Increasing concerns about indoor air pollution, growing urbanization and rising disposable income to drive Vietnam air purifiers market through 2030
According to TechSci Research report, “Vietnam Air Purifiers Market By Filter Type (Prefilter + HEPA + Activated Carbon, Prefilter + HEPA and HEPA and Other Air Purifiers), By Price Segment (Low, Medium, High), By Sales Channel (General Trade and Modern Trade), By Region, Competition, Forecast & Opportunities, 2011 – 2030”, Vietnam market stood at USD 38.05 Million in 2019 and is forecast to reach USD 160.05 Million by 2030. Level of air pollution is increasing at a robust pace in Vietnam, owing to rapid industrialization, transportation, growing car sales and increasing number of construction projects. Pollution contaminates the air and increases risk of various types of diseases. Moreover, growing concerns regarding indoor pollution, which is more dangerous than outdoor pollution, is further expected to drive Vietnam air purifiers market.
People from Tier II and Tier III cities are moving to metropolitan cities in search of better job prospects and standard of living. Further, increasing construction of new houses is leading to rising air pollution levels and deteriorating quality of air. Thus, in order to overcome health problems associated with poor air quality, more and more people are expected to purchase air purifiers to safeguard themselves from adverse effects of air pollution.
Browse 29 market data Figures and Tables spread through 82 Pages and an in-depth TOC on “Vietnam Air Purifiers Market”
Vietnam air purifier market can be segregated based on filter type, price segment, sales channel and region. In 2019, North Vietnam accounted for the largest share, in value terms, in Vietnam air purifiers market, owing to high population and disposable income of the people living in the region. Further, North Vietnam is also expected to maintain its dominance during the forecast period as well in Vietnam air purifiers market on account of the increasing presence of major players such as Panasonic, Dakin and Sharp, in addition to the availability of service centers, dealers and distributors in the region.
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“Multi-filtration technology-based air purifiers include prefilter + HEPA + activated carbon filter-based air purifiers, Prefilter + HEPA based air purifiers, etc. These types of air purifiers cumulatively accounted for more than 60% volume shares in Vietnam air purifiers market in 2019, on account of increasing demand from residential and commercial sectors, growing consumer awareness regarding harmful effects of indoor air pollution and changing consumer preferences towards lifestyle products.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Vietnam Air Purifiers Market By Filter Type (Prefilter + HEPA + Activated Carbon, Prefilter + HEPA and HEPA and Other Air Purifiers), By Price Segment (Low, Medium, High), By Sales Channel (General Trade and Modern Trade), By Region, Competition, Forecast & Opportunities, 2011 – 2030” has evaluated the future growth potential of Vietnam air purifiers 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 decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in Vietnam air purifiers market.
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