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China Air Purifier Market Outlook, 2021

China Air Purifier Market Outlook, 2021

Bonafide Research 01-12-2015 86 Pages Figures : 22 Tables : 10
Country : India Category : Energy & Utility Environmental

1. Austin Mecent Limited

2. Clean Air Hong Kong Limited

3. Electrolux India Private Limited

4. Iqair China Sales & Service Co Limited

5. Midea Group Co Limited

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Everyday smog, haze, and fumes produced from vehicles, cooking and many other activities are responsible for the ever increasing pollution all over the world. However, most people are unaware of the fact that indoor air is about five times more polluted, and more problematic, than outside air. Beijing and Shanghai the two biggest cities of China are facing vast problems related to air pollution. Although the level of awareness regarding the importance of indoor air quality is increasing in China, which has been responsible for innovations in the air purification systems, touted to reduce odours, compounds and kill bacteria. Air pollution is responsible for sneezing, wheezing, coughing, early deaths, heart attack or can even cause asthma. Thus, it is very important to avoid pollutants from entering the home and keep it clean and tidy. Air purifier is one such device which proves helpful to clean the indoor air. It removes the dust, pollen and other pollutants from the atmosphere. The filters at different levels are responsible for the removal of different levels of particulate matters which are harmful to the body. This report is about the market size of the air purifier market in China and how because of the increasing purchasing power of the consumers and the increasing number of premature deaths, air purifiers has started to become a necessity in today’s life. This report describes the different technologies that are used in the air purifiers for the removal of the contaminants. The report also reveals the trend in this industry is shifting to people becoming more conscious about the health issue than being pessimist about the cost involved in buying the product. The air purifier market in China is estimated to be close to USD 1300 Million in 2015. China is the abode to rising industrialization and increasing population which thereby affects the pollution in the country. Increasing number of heart attacks and other air borne disease was kind of a warning to the people of China about the depleting quality of air surrounding them. Rising health concerns, changing consumer lifestyle and increasing disposable income are boosting the adoption of air purifiers in China. The residential market for air purifier is one a continuous increase. Worsening air quality levels had led to a boom in the air purifier market in 2016. New entrants like Dyson and Airgle are rapidly growing demand led to a robust growth in the China market in the coming years. According to “China Air Purifier Market Outlook, 2021”, the China market is expected to experience a robust growth. The air filters used in the purifiers are one of the most important components of the product. HEPA filters dominate the air purifier market in terms of technology. Technology is one major plus in this market and with the leading brands spending most of their time and revenue in the R&D of the product, the air purifier market is expected to witness a surge in the coming years. Air purifiers were mainly used in the commercial establishments like offices, hospitals and hotels etc, but with the increasing awareness about the pollution, the air purifiers are expected to see acceptance in the residential segment as well. As air purifier is an emerging product, and China being the country with the highest potential and the country with the highest population for this market, the global players are expected to extend their business in India thereby leading to higher penetration. The threat of new entrant is the highest in the analysis according to Porters five forces and the companies are expected to strengthen their distribution channel to increase their reach in China. The foreign funded brands account for more than half of the China market in 2014. “China Air Purifier Market Outlook, 2021” discusses the following aspects of air purifiers in India: ? Key Category 1. Global Air Purifier Market Outlook 2. Global Air Filter Market Outlook 3. Global Consumer Trends in the Air Purifier Market Outlook 4. China Air Purifier Market Outlook “China Air Purifier Market Outlook, 2021” discusses the following aspects of Air Purifier Products in China: The report gives an in-depth understanding of Air purifier market in China: - Global Air Purifier Market Outlook - Market Size & Forecast - Global Air Filter Market Outlook - Market Size & Forecast - Segmental Analysis - By Price Range, By Application, By Age Group, By Gender, By Number of people - China Air Purifier Market Outlook - Market Size & Forecast - China Air Purifier Market Outlook - Market Size By Volume - Segmental Analysis - By Technology, By Company, By End User Segment, By Sales Channel, By Region - Population v/s Average disposable income In China - Pricing Analysis - Competitive Landscape & Strategic recommendation This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Report Methodology The information contained in this report is based upon both primary and secondary research. Primary research included interviews with various channel partners of Air Purifier products in China. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.

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