Air treatment products in India are expected to generate USD 1,574.90 million in 2024. Air treatment product industry revenue is expected to reach USD 4,577.30 million by 2034. From 2024 to 2034, air treatment products in India are expected to increase at a CAGR of 11.30%.
Attributes | Key Insights |
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India Air Treatment Product Market Value in 2024 | USD 1,574.90 million |
Projected Industry Value in 2034 | USD 4,577.30 million |
Value-based CAGR from 2024 to 2034 | 11.30% |
India Air Treatment Products Demand Trends and Highlights
A healthy lifestyle depends on clean air. Over the past 60 years, air purification technology has become readily available. Various innovations, including wearable air purifiers and air filter systems integrated into household furniture or appliances, including refrigerators, lamps, and televisions, offer exciting and convenient choices. Companies are implementing top-of-the-line air filtration systems that minimize respiratory irritants and toxins.
Key India Air Treatment Product Trends
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The market was valued at USD 1,394.40 million in 2023. A CAGR of 11.30% is expected between 2024 and 2034 for air treatment products in India. Several major cities in India experience high humidity throughout the year, including Mumbai and Goa.
Researchers and various organizations are studying air treatment products and their innovations. For instance, researchers at the Indian Institute of Technology Kanpur and the Indian Institute of Technology Bombay have developed an anti-microbial machine that completely destroys the COVID-19 virus within one minute. Air pollutants and Coronavirus are both combated with this groundbreaking innovation.
Air purifiers have become necessary due to the alarming rates of air pollution in the country, which is one of the most important factors stimulating industry growth. Due to the increasing demand for air purifiers in the country, manufacturers are incorporating innovation and advanced technology. As industrialization grows, environmental protection laws become more stringent, and pollution control awareness increases, they are expected to boost industry growth over the forecast period.
Attributes | Details |
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Estimated Value Of 2023 | USD 1,394.40 Million |
Anticipated of 2024 | USD 1,574.90 Million |
Growing awareness of indoor air quality is one of the most significant drivers. In recent years, indoor air pollution has increased awareness of allergies, asthma, and respiratory disease risks among consumers. As human activities impact the environment and outdoor air pollution becomes more problematic, indoor air pollution becomes more prominent.
Therefore, filters, cleaners, and air treatment systems are in high demand. Advancements in air treatment technologies drive innovation and the development of more efficient and effective products.
Urbanization and industrialization are contributing factors to air pollution. Therefore, both residential and commercial establishments are implementing air treatment products. Businesses and institutions have installed air treatment systems to comply with environmental regulations.
After events like the COVID-19 pandemic, air treatment products that can reduce pathogens and viruses are crucial. Smoke, dust, and other airborne particles have become more prevalent with the increased frequency of natural disasters, such as wildfires and hurricanes.
Indoor pollution is becoming a major concern for consumers as they live in smaller homes and seek cleaner, more comfortable air. Allergies and sensitivities to airborne allergens have made air purifiers and filtration systems increasingly popular.
It is becoming increasingly common for consumers to demand smart, connected air treatment products as smart home ecosystems become more streamlined. With increased disposable income, consumers are more likely to invest in air treatment products to improve their living conditions.
Businesses and individuals can face significant challenges when it comes to purchasing, maintaining, and operating air treatment products. Many air treatment devices require electricity. In addition to increasing utility bills, high energy consumption can have an environmental impact. Depending on the size of the air treatment product, such as the air cleaner or air conditioner, a considerable amount of space may be required. Limited installation space in a smaller living space or a commercial setting can be a constraint.
Several air treatment products need regular maintenance to remain effective and long-lasting. People who prefer low-maintenance solutions may feel restrained by the requirement to replace filters periodically. Air purifiers, particularly those used in hospital environments, can generate a lot of noise when operating. Manufacturing and disposing of air treatment products can have a negative impact on the environment.
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India offers a wide range of air treatment products aimed at improving air quality and addressing a wide range of air-related issues. Despite India being a developing nation, it faces problems with air pollution and low levels of ventilation especially in its urban areas.
A CAGR of 11.30% is predicted for India during the forecast period. The growing concern over air pollution and airborne diseases is expected to drive demand for these products in the next few years. Over 99% of urban dwellers live where air quality exceeds WHO standards. Across the globe, air pollution is becoming a serious health problem.
The pollution level in several highly polluted cities such as Delhi, Mumbai, Kanpur, Gurgaon, and many others has caused a rapid increase in the demand for these devices. In response to rising government and organizational initiatives to purify air for the population, these products are being installed in various locations.
The VERTO air purification system, for example, purifies the air 360 degrees in multiple directions. By rotating as it rises, the tower creates a fresh air environment that transforms polluted air into a healthy atmosphere
According to industry forecasts, the 401-700 sq. ft. is expected to hold a 36.90% revenue share over the forecast period. According to the projection, commercial end-use is projected to account for 56.40% industry share.
Attributes | Details |
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401-700 sq. ft. Industry Share in 2024 | 36.90% |
Commercial Industry Share in 2024 | 56.40% |
Based on the product type, 401-700 sq. ft. is expected to dominate the market. 401-700 sq. ft. is expected to hold 36.90% of the market share during the forecast period. In homes and small offices with a coverage area of 401-700 square feet, air treatments such as dehumidifiers, air purifiers, and portable air conditioners are commonly used.
Air treatment products with new features and advances, like smart controls and enhanced filtration, can lead to increased demand. Demand for air treatment products is expected to increase due to consumer awareness and requirements. A growing demand for customized and premium products is expected to drive demand in the coming years.
Based on the end-use segment, the commercial sector is expected to dominate the business. The commercial segment is expected to reach 56.40% market share by 2024. Air treatment product demand in India can be driven by several commercial applications. Commercial spaces, restaurants, hotels, and industrial facilities are all part of India's rapidly growing commercial sector that places a high priority on air quality for its productivity and health benefits.
Improved air quality is associated with higher productivity in the workplace. Companies increasingly realize that providing healthier work environments and clean air can boost employee productivity and happiness. Air quality issues are increasingly becoming a concern among the public and businesses alike. Indoor air quality has become increasingly important as people become more aware.
The overall customer experience can be enhanced when clean and fresh air is provided in commercial settings. The benefits include a better customer experience, an extended stay, and more repeat visits - all of which are essential for the success of any business. A commitment to environmental sustainability and air quality can enhance reputation and brand equity. To attract environmentally conscious customers, many businesses use air treatment solutions.
India has an extensive air treatment products industry with many domestic and international players. Continuous innovation and intense competition characterize the industry.
Companies often use strategic partnerships, collaborations, and acquisitions to boost their business and expand their customer base. Companies benefit from these initiatives by getting access to a broad range of product lines, distribution networks, and technologies, which enables these firms to compete more effectively.
Attributes | Details |
---|---|
Estimated Market Size in 2024 | USD 1,574.90 million |
Projected Market Valuation in 2034 | USD 4,577.30 million |
Value-based CAGR 2024 to 2034 | 11.30% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in USD million |
Key Market Segments Covered | Product Type, Coverage Area, End Use, Sales Channel |
Key Companies Profiled |
Bajaj Electricals Ltd; Godrej & Boyce Mfg Co Ltd.; Usha International Ltd; Panasonic Corp; Atlas Copco AB; Eureka Forbes; OSIM International; SANYO Electric Co. |
Air treatment products in India are expected to increase at a CAGR of 11.30% by 2034.
The air treatment product industry in India is expected to reach US$ 4,577.30 million by 2034.
Bajaj Electricals Ltd, Godrej & Boyce Mfg Co Ltd., Usha International Ltd, Panasonic Corp, and Atlas Copco AB.
The industry is expected to reach US$ 1,574.90 million in 2024.
401-700 sq.Ft. is expected to drive air treatment products in India.
The commercial segment is expected to lead the air treatment products in India.
1. Executive Summary 2. Market Overview 3. Market Background 4. Industry Analysis and Outlook 2019 to 2023 and Forecast, 2024 to 2034 5. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Product Type 5.1. Air Purifier 5.2. Humidifier 5.3. Dehumidifier 6. Industry Analysis and Outlook 2019 to 2023 and Forecast 2024 to 2034, By Applications 6.1. Residential 6.2. Commercial 6.3. Industrial 7. Market Structure Analysis 8. Competition Analysis 8.1. Bajaj Electricals Ltd 8.2. Godrej & Boyce Mfg Co Ltd. 8.3. Usha International Ltd. 8.4. Panasonic Corp 8.5. Atlas Copco AB 8.6. Eureka Forbes 8.7. OSIM International 8.8. SANYO Electric Co . 9. Assumptions & Acronyms Used 10. Research Methodology
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