Australia Air Purifiers Market Forecast 2025

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MARKET INTELLIGENCE . CONSULTING www.techsciresearch.com 2015 2025 AUSTRALIA AIR PURIFIERS MARKET FORECAST & OPPORTUNITIES

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Australia air purifiers market stood at around $ 32 million in 2019 and is projected to reach $ 46 million in 2025, on the back of degrading air quality, rising cases of health issues and increasing awareness in the population. According to a report published by Australian Society of Clinical Immunology and Allergy Inc., around 20% of the Australian population has allergic diseases and this share is on the rise.Click : https://bit.ly/3n1843j

Transcript of Australia Air Purifiers Market Forecast 2025

Page 1: Australia Air Purifiers Market Forecast 2025

MARKET INTELLIGENCE . CONSULTING

www.techsciresearch.com

2015 – 2025

AUSTRALIA AIR PURIFIERS MARKET

FORECAST & OPPORTUNITIES

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Scope of ReportProduct of Interest (POI): Air Purifiers Market

Review Period

2015 – 2018

Base Year

2019

Estimated Year

2020

Forecast Period

2021 – 2025

Year Range

Australia air purifiers market is anticipated to grow at brisk rate during the forecast period on account ofrising cases of health issues related to airborne allergens across the country. According to a reportpublished by Australian Society of Clinical Immunology and Allergy Inc., around 20% of the Australianpopulation has allergic diseases and this number is on the rise. Moreover, emergence of technologicallyadvanced air purifiers along with rising disposable income of the population is further pushing demandfor air purifiers across Australia. Additionally, surging demand for air purifiers from commercial andindustrial sectors in Australia is anticipated to drive the market growth during the next five years.

Market Segmentation

END USE

• Residential

• Commercial/Industrial

• HEPA + Activated

Carbon

• HEPA + Activated

Carbon + Ion &

Ozone

• HEPA

• Ion & Ozone

• Electrostatic

Precipitator

• Others

FILTER TYPE

REGION

• Australia Capital

Territory & New

South Wales

• Victoria & Tasmania

• Western Australia

• Queensland

• Northern Territory &

Southern Australia

• Multi-Branded Electronic Stores

• Direct/Institutional Sales

• Exclusive Brand Outlets

• Online Channels

• Supermarkets/Hypermarkets

DISTRIBUTION CHANNEL

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S. No. Contents

1. Air Purifiers: An Introduction

2. Research Methodology

3. Executive Summary

4. Global Air Purifiers Market Overview

5. Australia Air Purifiers Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value & Volume

5.2. Market Share & Forecast

5.2.1.By Filter Type (HEPA, Ion & Ozone, Electrostatic Precipitators, HEPA + Activated Carbon, HEPA + Activated Carbon + Ion Ozone, Others)

5.2.2. By End Use (Residential, Commercial/Industrial)

5.2.3.By Distribution Channel (Direct/Institutional Sales, Exclusive Brand Outlets, Multi-Branded Electronic Stores, Supermarkets/Hypermarkets, Online Channels)

5.2.4. By Region

5.2.5. By Company

5.3. Market Attractiveness Index

6. Australia HEPA + Activated Carbon Air Purifiers Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value & Volume

6.2. Market Share & Forecast

6.2.1. By End Use

6.2.2. By CADR

6.3. Pricing Analysis

Table of Contents

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7. Australia HEPA + Activated Carbon + Ion & Ozone Air Purifiers Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value & Volume

7.2. Market Share & Forecast

7.2.1. By End Use

7.2.2. By CADR

7.3. Pricing Analysis

8. Australia Ion & Ozone Air Purifiers Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value & Volume

8.2. Market Share & Forecast

8.2.1. By End Use

8.2.2. By CADR

8.3. Pricing Analysis

9. Australia Electrostatic Precipitator Air Purifiers Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value & Volume

9.2. Market Share & Forecast

9.2.1. By End Use

9.2.2. By CADR

9.3. Pricing Analysis

10. Australia HEPA Air Purifiers Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value & Volume

Table of Contents

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S. No. Contents

10.2. Market Share & Forecast

10.2.1. By End Use

10.2.2. By CADR

10.3. Pricing Analysis

11. Australia Other Air Purifiers Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value & Volume

12. Supply Chain Analysis

13. Import & Export Analysis

14. Market Dynamics

14.1. Drivers/Opportunities

14.2. Challenges/Restraints

15. Market Trends & Developments

16. Policy & Regulatory Landscape

17. Australia Economic Profile

18. Voice of Customer

18.1. Brand Awareness (Aided and Unaided)

18.2. Factors Influencing Purchase Decision

18.3. Sources of Information

19. Competitive Landscape

19.1. Competition Outlook

Table of Contents

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19.2. Company Profiles

19.2.1. HoMedics Australia Pty. Ltd.

19.2.2. Inovaair Australia Pty. Ltd.

19.2.3. Philips Electronics Australia Limited

19.2.4. Andatech Pty. Ltd.

19.2.5. Blueair AB

19.2.6. Beurer GmbH

19.2.7. Winix

19.2.8. Breville Group Limited

19.2.9. Daikin Australia Pty. Ltd.

19.2.10. Sharp Corporation of Australia Pty. Ltd.

20. Strategic Recommendations

21. About Us & Disclaimer

Table of Contents

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RESEARCH METHODOLOGY

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Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing List of Respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to

determine top players in Australia air purifiers

market, overall market size and segmental market size.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about Australia air purifiers

market.

Data

Collection

Data Filter

& AnalysisResearch &

Intelligence

Actionable

InsightsBusiness

Solution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor

Presentations✓ Regulatory Body✓ Associations, etc.

Secondary Research

Primary Research

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Research Methodology

Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of Australia air purifiers market. The team has analyzed the

outlook of various segments of this market, while considering the major influencing factors such as rising cases of health issues related to airborne

allergens across the country. The study includes market forecasting, which would enable our clients to take better decisions while planning their

strategy to achieve sustainability in Australia air purifiers market.

Methodology Followed for Calculation of Market Size:

• Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2019 was calculated based on information collected

through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as air purifiers companies, channel

partners, end users, industry experts, and other industry participants.

• The team interviewed more than 15-20 air purifiers companies, 100 – 120 end users, and 15 – 20 industry experts and other value chain stakeholders

in Australia air purifiers market to obtain the overall market size for 2015-2019, which was validated by the Delphi technique. Taking standard

deviation into consideration, the market size was averaged out, to arrive at the market size data for 2015-2019.

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Research Methodology

• Respondents were asked about the current and future market growth rates, market shares by filter type, by end use, by distribution channel, by

region and by company. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue shares generated

across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further

triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares:

• Market shares by filter type, by end use, by distribution channel, by region and by company were calculated based on the responses received

through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various

segments of Air purifiers market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders

after eliminating the outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in

SPSS/Tableau Software.

• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Australia air purifiers

market, TechSci Research used various forecast techniques such as:

✓ Moving Average

✓ Time Series Analysis

✓ Regression Analysis

✓ Econometric and Judgmental Analysis

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Research Methodology

TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used

the impact analysis during short, medium and long- term period to estimate and analyse market demand scenario. It should be noted that the figures

compiled are only for the organized market including market share data.

Partial List of Companies Interviewed Key Secondary Sources

▪ HoMedics Australia Pty. Ltd.

▪ Inovaair Australia Pty. Ltd.

▪ Philips Electronics Australia Limited

▪ Andatech Pty. Ltd.

▪ Blueair AB

▪ Beurer GmbH

▪ Winix

▪ Breville Group Limited

▪ Daikin Australia Pty. Ltd.

▪ Sharp Corporation of Australia Pty. Ltd.

▪ World Bank

▪ TechSci Research Proprietary Database & Knowledge

Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ News Dailies

▪ Credible Paid Databases

© TechSci Research

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Industry Brief

Australia air purifier market is forecast to reach $ 46 million by 2025, as per TechSci Research report, “Australia Air Purifiers Market By Filter Type, By End Use,

By Distribution Channel, Competition Forecast and Opportunities, 2025”. Primary factors that are expected to boost market growth include increasing health

risks due to frequent bushfire events across the country coupled with rising pollution levels on account of increasing industrialization. The air quality index in

Australia is declining as per the recent studies conducted by various environmental organizations. Another major factor is increasing disposable income, as

many consumers used to consider air purifier an expensive product a few years back. Moreover, as new players have entered the market, the prices have

witnessed a declining trend due to surging competition in the market.

New South Wales accounted for the largest market share in 2019, and the region is expected to continue its dominance in the coming years as well.

Technological advancements are expected to remain the focus area for leading air purifiers player in the coming years. Recently, Sharp Corporation introduced

the concept of IOT (Internet of Things) in its air solutions offerings in Australia. Daikin has also been rolling out new models of air purifiers with advanced air

purifying technologies.

The associations and societies linked with the environmental health of the country have been encouraging use of eco-friendly products like the air purifiers at

both residential and commercial places. The governmental organizations have also showed concern for the increase in 2.5PM particulate matter, leading to

boosting adoption of air purifiers across the country.

Leading players operating in Australia air purifier market include Dyson, InovaAir Australia Pty. Ltd, Daikin Australia Pty. Ltd., Homedics Australia Pty. Ltd., and

Sharp Corporation. Dyson continues to dominate the country’s air purifier market on account of its broad and innovative air purifier offerings. “Frequent bushfire

incidents, introduction of technologically advanced air purifiers by leading players and increasing consumer awareness about effects of indoor air quality

on human health are expected to boost sales of air purifiers in Australia in the coming years. Moreover, anticipated gradual decline in unit prices are expected to

further boost adoption of air purifiers in the country over the course of next five years.”

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Sample Data - Snapshot

5.00 6.00 7.00 8.00 9.00 10.00 11.00 12.00 13.00 14.00 15.00

10.00 20.00 30.00 40.00 50.00 60.00 70.00 80.00 90.00 100.00 110.00

2015 2019 2020E 2025F

By Value (USD Million)

By Volume (Million Units)

Australia Air Purifiers Market Size, By Value (USD Million), By Volume (Million Units), 2015–2025F

CAGR BY VALUE & VOLUME

XX%CAGR BY VALUE & VOLUME

YY%

Australia Air Purifiers Market Share, By Company, By Value, 2019

100%

25%

20%

17%

12%8%

7%4%

7%

Total Company 1 Company 2 Company 3 Company 4 Company 5 Company 6 Company 7 Others

Australia Ion & Ozone Air Purifiers Market Share, By End Use, By Value, 2015–2025F

50%50%

50%

50%

50%

50%

50%

50%

50%

50%

50%

50%50%

50%

50%

50%

50%

50%

50%

50%

50%

50%

2015

2016

2017

2018

2019

2020E

2021F

2022F

2023F

2024F

2025F

Residential Commercial/Industrial

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Report Name: AUSTRALIA AIR PURIFIERS MARKET

FORECAST & OPPORTUNITIES2015 – 2025

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About Us & Disclaimer

TechSci Research is a global market research and consulting company with offices in the US, UK and India. TechSci Research provides market research reports in number of areas

to organizations. The company uses innovative business models that focus on improving productivity, while ensuring creation of high-quality reports. The proprietary forecasting

models use various analyses of both industry-specific and macroeconomic variables on a state-by-state basis to produce a unique ‘bottom-up’ model of a country, regional and

global industry prospects. Combined with the detailed analysis of company activity and industry trends, the result is a uniquely rich evaluation of the opportunities available in the

market.

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The contents of this report are based on information generally available to the public from sources believed to be reliable. No representation is made that it is timely, accurate or

complete. TechSci Research has taken due care and caution in compilation of data as this has been obtained from various sources including which it considers reliable and firsthand.

However, TechSci Research does not guarantee the accuracy, adequacy or completeness of any information and it is not responsible for any errors or omissions or for the results

obtained from the use of such information and especially states that it has no financial liability whatsoever to the subscribers / users of this report. The information herein, together

with all estimates and forecasts, can change without notice. All the figures provided in this document are indicative of relative market size and are strictly for client’s internal

consumption. Usage of the same for purpose other than internal will require prior approval of TechSci Research.

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