According to a report by Future Market Insights (FMI), the Indian Air Treatment Product Market is expected to generate USD 1,574.90 million by 2024, with projections indicating it will reach USD 4,577.30 million by 2034. Over the next decade, the market is anticipated to grow at a compound annual growth rate (CAGR) of 11.30%.
As concerns over climate change, air quality, and public health continue to rise, air treatment products are set to play a crucial role in both environmental sustainability and individual well-being. Innovations in this space are expected to make a significant impact, particularly with the advancement of indoor air quality (IAQ) sensors that provide real-time data on pollutants in a compact and cost-effective design. Additionally, the development of air quality monitors that can be integrated into smart home systems—automatically adjusting settings based on air quality levels—will be key to addressing these growing concerns.
The air purifier market is poised for significant innovation, driven by the need to address emerging threats such as airborne viruses and ultrafine particulate matter. These advanced devices will not only remove allergens and pollutants but also help prevent these risks by targeting and neutralizing harmful particles in the air.
Indoor air quality (IAQ) will be continuously monitored and adjusted in real time through integration with smart technologies, ensuring optimal conditions in both homes and workplaces. This will have a positive impact on public health, particularly in densely populated urban areas.
As the world moves toward sustainability, air treatment products are increasingly incorporating green technologies. Manufacturers will focus on reducing energy consumption, using recyclable materials, and adopting sustainable production processes. Many devices will also be powered by renewable energy sources, reducing their carbon footprint and aligning with global climate change commitments.
The future of air treatment will also be shaped by data analytics and artificial intelligence (AI). These technologies will enable air treatment systems to adapt to changing conditions, optimize energy use, and perform predictive maintenance. With AI and machine learning algorithms, products will become more effective and efficient over time, offering consumers real-time data on air quality and helping them make more informed decisions about their living environments.
Rising awareness of indoor air quality is expected to drive regulatory standards, promoting higher product quality and innovation in the sector. Government incentives and rebates will further encourage the development of energy-efficient and eco-friendly air treatment solutions, helping to accelerate the adoption of these technologies in homes and businesses.
Key Takeaways
By 2034, FMI estimates that 401-700 sq. ft. will account for 36.90% of Industry revenue.
India’s commercial end-use types are expected to account for 56.40% of the industry.
By 2034, the air treatment products in India is predicted to expand at 11.30% CAGR.
Breathing air purifiers are expected to remain in high demand due to rising innovation and eco-friendly products.
A growing e-commerce industry will drive online air treatment product sales in India.
Competitive Landscape
India’s air treatment products industry is vast, with a mix of both domestic and international players. The market is defined by continuous innovation and fierce competition, with companies constantly striving to differentiate themselves.
To strengthen their market position and expand their reach, many companies engage in strategic partnerships, collaborations, and acquisitions. These initiatives allow businesses to access a wider range of product offerings, distribution networks, and advanced technologies, enabling them to compete more effectively in the rapidly evolving market.
- In April 2023, Xiaomi, as part of its Smarter Living 2023 event, introduced four new smart home products, including a TV series, a trimmer, two air purifiers, and a vacuum robot. A budget-friendly price is included in the new products made exclusively for Indian consumers, according to Xiaomi.
- In September 2023, Munters acquired ZECO, an Indian manufacturer of air treatment solutions. Munters will be able to expand its Indian dehumidifier offering with ZECO’s support.
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.
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India Air Treatment Product Industry Survey: Key Segments
By Product Type:
- Breathing Air Purifiers
- Compressed Air Dryers
- Refrigerated Air Dryers
- Desiccant Air Dryers
- Membrane Dryers
- Compressed Air Filtration Products
- Coalescing Filters
- Sterile Air Filters
- Silicone-Free Filters
- Vacuum Filters
- Mist Eliminators
- Gas Generators
By Coverage Area:
- Below 250 Sq. Ft.
- 250-400 Sq. Ft.
- 401-700 Sq. Ft.
- Above 700 Sq. Ft.
By End Use:
- Residential
- Commercial
- Industrial
By Sales Channel:
- Direct Sales
- Indirect Sales
- Hypermarkets/Supermarkets
- Discount Stores
- Specialty Stores
- Online Retailing
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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