China Air Purifiers MarketBy Filter Type, By End Use, Competition Forecast & Opportunities, 2013 – 2023”, China air purifiersmarket is projected to grow at a CAGR of about 14% during 2018-2023.Demand for air purifiers is expected to grow in the country on account ofrisinghousehold disposable income of middle-class population and growing health-consciousness.Also, thespeed of industrial developmentexceeds that of environmental regulation in developing countries like China. This rapid industrialization along with unregulated construction activitiesare increasing pollution levels across the country. Consumers are therefore expected to get increasingly inclined towards appliances such as air purifiers to help alleviate air quality problems in the coming years.
HEPA & Activated Carbon Technology to Lead China Air Purifiers Market through 2023
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“China Air Purifiers Market”
In 2017,HEPA & activated carbon basedair purifiersaccounted for more than half of the market share and are expected to maintain their market dominance in the coming years. This category of purifiers has no side-effects on human health and provide highly efficient air purification with HEPA filters removing dust as well as particulate matters and activated carbon filters facilitating odor removal. North Chinaholds the largest share in China air purifiers market due to growing air pollution and increasing infrastructure-based developments in the country’s capital, Beijing, and other provinces. Moreover, presence of manufacturing units and commercial spaces such as global trade centers and corporate offices, along with rising tourist footfall is anticipated to drive demand for air purifiers from North China during the forecast period.Some of the other key factors contributing to the growth of China air purifiers market are rising health concerns due to increasing air pollution levels across residential, commercial and industrial sectors. Air purifiers are being installed in schools, colleges, corporate offices, government buildings and embassiesto curbgrowing incidences of respiratory and pulmonary diseases. In addition to a growing assortment of functions, a variety in size for air purifiers is being introduced to cater to the requirements of commercial sector that dominates China air purifiers market.
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“Demand for air purifiers is growing at a robust pace in China.In order to tap this mounting demand, market players are diversifying their product portfolio and upgrading their product designs. For instance, Blueair, one of the leading market players, hasintroduced its smart air purifier with Wi-Fi connectivity, named ‘Blueair Sense+’,which can be controlled from anywhere.Moreover, several government initiatives aimed at creating awareness about adverse effects of air pollution on human health are expected to positively influence China air purifiers market over the course of next five years.”, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“China Air Purifiers MarketBy Filter Type, By End Use, Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth potential of air purifiers in Chinaand 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 take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities present in China air purifiers market.