NEW YORK, June 8, 2016 /PRNewswire/ --
Rising urbanization, increasing consumer spending on lifestyle products and deteriorating air quality to drive sales of air purifiers in China
According to TechSci Research report, "China Air Purifiers Market By Filter Type, By End User Sector, Competition Forecast and Opportunities, 2011-2021", air purifiers market in China is projected to grow at a CAGR of around 18% during 2016 - 2021, due to growing consumer awareness about air purifiers, increasing industrialization, rising consumption of coal for power generation and growing vehicular emissions. In 2015, PM 2.5 and PM 10 levels in Beijing were even recorded at 93 and 25, respectively, which was much more than the global standard. Moreover, in 2015, total vehicle sales in China stood at over 24 million vehicles and these figures are forecast to grow further in the coming years. Increasing vehicular emissions and particulate matter, coupled with growing awareness about harmful effects of air pollution is projected to boost demand for air purifiers in China over the next five years.
Browse 41 market data Tables and 27 Figures spread through 131 Pages and an in-depth TOC on
"China Air Purifiers Market"
Due to abundant availability of cheap labor and raw materials, prices of Chinese branded air purifiers are lower when compared with air purifiers manufactured outside of China. Though China has abundant local manufacturing of air purifier but the country is still importing air purifiers, on account of growing demand for high quality branded air purifiers from residential as well as industrial consumers. Philips, Panasonic, BlueAir, Daikin, Beijing Yadu, etc., are few of the leading players operating in China air purifiers market. In 2015, HEPA and activated carbon based air purifiers dominated the country's air purifiers market, on account of their high efficiency in removing particulate matter and odor, coupled with surging demand for these purifiers due to increasing government expenditure on public infrastructure such as construction of hospitals, railway stations, airports, public amenities, government guest houses, metros, etc.
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"Most of the air purifiers sold in China are based on multi filtration technologies such as HEPA & Activated Carbon; and HEPA, Activated Carbon and Ion & Ozone Generator. An increasing number of air purifier manufacturers are focusing on integrating combination filter technologies in their air purifier products. Demand for air purifiers with other advanced combination technologies such as Plasma Cluster and HEPA, Nanoe-G with HEPA, and Electrostatic with HEPA filter is also growing significantly in China, and this trend is expected to gain market traction in the coming years.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
"China Air Purifiers Market By Filter Type, By End User Sector, Competition Forecast and Opportunities, 2011-2021" has evaluated the future growth potential of air purifiers market in China and provides statistics and information on market structure, size, share and future growth in China air purifiers market. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes emerging trends along with essential drivers, challenges and opportunities in China air purifiers market.
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