Press release
Air Treatment Products: Market 2020 | Covid-19 Impact | Industry Business Outlook, Revenue, Trends and Forecasts 2025 | Crusaders Technologies India, Eureka Forbes, Kent RO Systems, Daikin Airconditioning India, Dyson Technology India, Honeywell Internati
Air Treatment Products
Market insights:
The air treatment products market in India was valued at INR 4.75 Bn in 2019 and is expected to reach a value of INR 24.54 Bn by 2025, expanding at a compound annual growth rate (CAGR) of ~32.29% during the 2020-2025 period. A rise in pollution levels and increasing incidence of airborne diseases have made people cognizant of general wellbeing. People nowadays want a healthy and pollution-free lifestyle. These are significant factors driving the growth of the overall air treatment products market in India. Air purifiers with new features such as auto mode, Wi-Fi connectivity, and real-time air quality and filter change indicators have been introduced in the market, which is likely to fuel market growth. Several initiatives and policies undertaken by the Indian government such as Atmanirbhar Bharat Abhiyan, Make in India, and National Clean Air Programme have provided an impetus to the market, and are expected to increase the sale of air treatment products in India. However, high installation and maintenance costs of air purifiers, and lack of awareness regarding the need and benefits of using air treatment products are hindering market growth.
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A brief introduction to the Air Treatment Products Market research report.
Graphical introduction of the regional analysis.
Top players in the Air Treatment Products Market with their revenue analysis.
Selected illustrations of Air Treatment Products Market insights and trends.
Example pages from the Air Treatment Products Market report.
The Major Players in the Air Treatment Products Market.
Crusaders Technologies India Private Limited
Eureka Forbes Limited
Kent RO Systems Limited
Daikin Airconditioning India Private Limited
Dyson Technology India Private Limited
Honeywell International India Private Limited
Panasonic India Private Limited
Philips India Limited
Samsung India Electronics Private Limited
Sharp Business Systems (India) Private Limited
Key Businesses Segmentation of Air Treatment Products Market
Some of the key factors contributing to the Air Treatment Products market growth include:
Growing per capita disposable income
Favorable for youth Demographics
Technology advancement
In terms of COVID 19 impact, the Air Treatment Products market report also includes following data points:
Impact on Air Treatment Products market Size
End User Trend, Preferences and Budget Impact of Air Treatment Products market
Regulatory Framework/Government Policies
Key Players Strategy to Tackle Negative Impact of Air Treatment Products market
New Opportunity Window of Air Treatment Products market
Key Question Answered in Air Treatment Products Market Report.
What are the strengths and weaknesses of the Air Treatment Products Market?
What are the different marketing and distribution channels?
What is the current CAGR of the Air Treatment Products Market?
What are the Air Treatment Products market opportunities in front of the market?
What are the highest competitors in Air Treatment Products market?
What are the key outcomes of SWOT and Porter’s five techniques?
What is the Air Treatment Products market size and growth rate in the forecast period?
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Segment insights:
Based on the end-user application, India's air treatment products market is segmented into residential and non-residential. The non-residential segment is comprised of the commercial, industrial, government, and automotive sectors. As of 2019, the non-residential segment dominated the market, accounting for 76.85% of the total market share. Based on technology, the HEPA-based air treatment devices segment held a market share of ~98.60% in 2019, in terms of sales. HEPA devices are largely used by both the residential and non-residential sectors.
Impact of COVID-19:
The contagion has marked a positive impact on the air treatment products market in India. The fear of airborne transmission of the deadly virus has increased awareness regarding the degrading quality of air among people. As a consequence, the demand for air treatment products has gained significant momentum in the Indian market.
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Note - In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.
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