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China Air Purifier Market 2016 Share, Trend, Segmentation and Forecast to 2021

Monday, November 14, 2016 23:37
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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. 

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The air purifier market in China is estimated to be about USD 0.965 Billion in 2014. 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:

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Key points in table of content

1.    Executive Summary 
2.    Global Air Purifier Market Outlook
    2.1.  Market Size By Value 
    2.2.  Market Penetration By Country 
3.    Global Air Filter Market Outlook 
    3.1.  Market Size By Value 
    3.2.  Market Share By End User Segment 
4.    Global Consumer Trends in the Air Purifier Market 
    4.1.  By Price Range 
    4.2.  By Application 
    4.3.  By Age Group 
    4.4.  By Gender 
    4.5.  By Number of people in the house 
5.    China Air Purifier Market Outlook 
    5.1.  Market Size By Value 
    5.2.  Market Size By Volume 
    5.3.  Market Share 
      5.3.1.  By Technology 
      5.3.2.  By Company 
      5.3.3.  By End User Segment 
      5.3.4.  By Sales Channel 
      5.3.5.  By Region 
    5.4.  Population vs. Average disposable Income of China 
    5.5.  Pricing Analysis 
6.    Brand Research on China Air Purifier Market Players 
7.    China Economic Profile 
8.    Policies and Regulatory Landscape 
9.    PEST Analysis 
10.  Market Dynamics 

    10.1.  Key Drivers 
    10.2.  Key Challenges 
11.  Market Trends & Developments 
    11.1.  Smart Air Purifier 
    11.2.  Air Purifier is now used as a daily product 
    11.3.  Increasing use of air purifiers in the residential sector 
    11.4.  Application specific air purifier demand 
    11.5.  Decreasing Air Quality 
12.  Competitive Landscape 
    12.1.  Porters Five Forces 
    12.2.  Company Profiles 
      12.2.1.  Royal Philips 
      12.2.2.  YADU Indoor Environment Protection Inc. 
      12.2.3.  Panasonic Ecology Systems Co. Ltd. 
      12.2.4.  Midea Group 
      12.2.5.  Sharp Appliances Ltd. 
      12.2.6.  Daikin Air Conditioning (Hong Kong) Ltd. 
      12.2.7.  IQAir China 
      12.2.8.  BlueAir Technology China 
      12.2.9.  Austin Mecent 
13.  Strategic Recommendations 
14.  Disclaimer

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