Is Smart Air Purifier Market Growing in India?
Air pollution is a major problem in India, with many cities ranking among the most polluted in the world. This has led to a growing demand for air purifiers, including smart air purifiers that offer additional features such as air quality monitoring and remote control.
However, the number of people in India with smart air purifiers in their homes is not entirely clear. There is no official data on the number of smart air purifier users in India. However, several market research reports suggest that the market for smart air purifiers is growing rapidly.
Market Growth Statistics
For example, a report by ResearchAndMarkets.com estimates that the Indian smart air purifier market will grow at a CAGR of 25.4% from 2022 to 2028. This growth is being driven by factors such as rising air pollution levels, increasing awareness of the health risks associated with air pollution, and the growing popularity of smart home devices.
Another report by TechSci Research estimates that the Indian air purifier market (including both smart and non-smart air purifiers) was worth \$275.5 million in 2021 and is expected to reach \$575.4 million by 2027. This represents a CAGR of 14.2%.
Current Penetration and Future Outlook
While these reports suggest that the number of smart air purifier users in India is growing, it is still relatively small compared to the overall population. According to a 2021 report by the National Sample Survey Office (NSSO), only 2.4% of Indian households owned an air purifier. However, it is important to note that this figure includes both smart and non-smart air purifiers. The proportion of households with smart air purifiers is likely to be even smaller.
Despite the relatively low penetration of smart air purifiers in India, the market is expected to continue to grow in the coming years. This is due to the factors mentioned above, as well as the increasing affordability of smart air purifiers. As the market grows, it is likely that more and more people in India will have smart air purifiers in their homes. This will help to improve indoor air quality and protect people from the harmful effects of air pollution.
Conclusion
The number of people in India with smart air purifiers in their homes is not entirely clear, but it is likely to be relatively small. However, the market for smart air purifiers is expected to continue to grow in the coming years, as more and more people become aware of the benefits of these devices.