Growing Health Awareness Leads to High Demand for Ventilation Products in New Zealand

In 2021, the New Zealand ventilation products market captured 113.8 million revenue, and it is expected to rise and generate $183.2 million worth sales in 2030, progressing at a rate of 5.4% from 2021 to 2030. The rise is the industry is due to the rising environmental concerns, and health awareness. In addition, the increase in the preference of decentralized ventilation, and surge in residential and commercial projects.

Ventilation products enhances the home environment by alleviating the excess odor and moisture, and these solutions also reduces the inhalation of chemical fumes and other pollutants. The rise in the requirement of such products in both commercial and residential sector is projected in the near future.

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The rise in the construction sector with the stringent government regulations to encourage the energy efficiency boosts the demand for ventilation products in the New Zealand. Moreover, the rising average temperature in the country enhances the growth prospects of ventilation industry in the New Zealand.

Moreover, the technological advancements in the ventilation products manufactured in the New Zealand is one of the major key trends in the industry. The improvements are made in the ventilation products, concerning the rapid spread of COVID-19, to better provide protection against pollutants and viruses.

For instance: companies are replacing the conventional MERV 8 with MERV 13 and other higher-rating filters to minimize the concentration of contaminants and germs in room air, and thus capture smaller particles. The improvement in the filter efficiency causes higher pressure drop inside spaces, and to counter this problem, electronic motors are widely used within ventilation systems.

Moreover, the rise in the usage of active pathogen neutralizing measures propels IAQ confidence, it may require UV air treatment and bipolar ionization technology that creates charged ions which support in alleviating germs from the air.

The surge in the requirement of the high-volume carbon emissions is led by the high-volume carbon emissions, increase in pollution levels, and rising popularity of the energy-efficient ventilation systems in New Zealand.

The rising awareness toward the importance of IAQ results in the demand of the better ventilation systems to cater to the need of increasing air tightness for commercial and residential spaces, and hence propels the New Zealand ventilation products market. The energy-efficient ventilation products possess high ventilation capacity for ventilation, and reduces levels of CO2 inside buildings equipped with a large number of people, and hence minimizes the risk of transmittable diseases.

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The rise in the residential and commercial projects propels the ventilation industry of the country, ascribed to the population explosion and expansion of the construction industry. In addition, the number of new homes constructed till February 2021 from 2020 accounted for 39,725 reflecting a 4.9% rise than the last year construction counting for 37882, according to Ministry of Business, Innovation & Employment.

The consumption of ventilation products in the residential sector contributes 80% revenue share in 2021, ascribed to rising health awareness led by the wide spread of the SARS-CoV-2 virus particles. Ventilation products help in minimizing the concentration of virus particles from inside spaces, resulting in their increased demand in the residential sector.

Therefore, the rising health awareness to curb the spread of germs and contaminants in the inside spaces proliferates the demand of ventilation products in New Zealand.

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This release was published on openPR.