China Air Purifier Market Forecast and Opportunities, 2019

Oct 22, 2014- Mumbai, India :Bharatbook.com announces a new report on "China Air Purifier Market Forecast and Opportunities, 2019”. China is emerging as a potential market for air purifiers due to rising levels of air pollution and increasing health consciousness among consumers in the country.

Bharat Book Bureau presents the new report, on "China Air Purifier Market Forecast and Opportunities, 2019”. The commercial and industrial sectors are major end user segments generating significant demand for air purifiers in China.

China is emerging as a potential market for air purifiers due to rising levels of air pollution and increasing health consciousness among consumers in the country. Being the global manufacturing and research and development hub, China has been witnessing significant deterioration in air quality for the past few decade. The industrial sector of the country is also growing by leaps and bounds, which is leading to significant exploitation as well as degradation of various natural resources including air and water. Rising automobile fleet in the country is another factor causing health risks such as asthma, lung cancer, and respiratory and cardiovascular diseases. These factors, in turn, are driving the adoption of air purifiers in commercial as well as residential spaces in China to minimize the incidences of such health risks. However, in China, air purifiers are far beyond the reach of mainstream population due to their high prices. Since the Chinese market does not have a proper regulatory framework in place, a wide range of low-price counterfeit products are available in the market, which further poses a grave challenge for organized air purifier manufacturers operating in China.

According to “China Air Purifier Market Forecast & Opportunities, 2019”, the air purifier market in China is expected to grow exponentially at a CAGR of around 33% till 2019. The commercial and industrial sectors are major end user segments generating significant...