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<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 2


TABLE OF CONTENTS<br />

1. Executive Summary<br />

2. <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong><br />

2.1. Market Size<br />

2.1.1. By Value<br />

2.1.2. By Volume<br />

2.1.2.1. Overall Market<br />

2.1.2.2. By Price Range<br />

2.2. Market Share<br />

2.2.1. By End User Segment<br />

2.2.2. By Application<br />

2.2.3. By Technology<br />

2.2.4. By Region<br />

2.2.5. By City<br />

2.2.6. By Distribution Channel<br />

2.2.7. By Company (Value)<br />

2.2.8. By Company (Volume)<br />

2.3. Production<br />

2.3.1. Design<br />

2.3.2. Manufacturing Process<br />

2.3.3. By Product of <strong>Air</strong> <strong>Purifier</strong> Manufacturing<br />

2.4. Pollution Index of the top 10 cities of <strong>India</strong><br />

2.5. Pricing Analysis<br />

3. <strong>India</strong> Economic Profile<br />

4. Raw Material<br />

5. Certifications<br />

6. Market Penetration<br />

7. Organized Vs Unorganized Market<br />

8. PEST Analysis<br />

9. <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Trade Dynamics<br />

9.1. Imports<br />

9.2. Export<br />

10. Channel Partner Analysis<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 3


11. Market Dynamics<br />

11.1. Key Drivers<br />

11.2. Key Challenges<br />

12. Market Trends & Developments<br />

12.1. Innovation in technology leading to penetration<br />

12.2. Boon to the asthma patients<br />

12.3. Growth in HEPA based technology<br />

12.4. Entry of new players in the <strong>market</strong><br />

12.5. Conjugation Filters<br />

13. Competitive Landscape<br />

13.1. Porters Five Forces<br />

13.2. Company Profiles<br />

13.2.1. Eureka Forbes<br />

13.2.2. Daikin<br />

13.2.3. Philips<br />

13.2.4. Panasonic<br />

13.2.5. Blue<strong>Air</strong><br />

13.2.6. Atlanta Healthcare<br />

13.2.7. Kent<br />

13.2.8. Sharp <strong>India</strong><br />

13.2.9. Crusaders<br />

13.2.10. LG<br />

14. Strategic Recommendations<br />

15. Disclaimer<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 4


List of Figures<br />

Figure 1: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Size By Value 2010 - 2014 (INR Crore)<br />

Figure 2: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Size By Value 2015F – <strong>2021</strong>F (INR Crore)<br />

Figure 3: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Size By Volume 2010 - 2014 (Thousand Units)<br />

Figure 4: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Size By Volume 2015F – <strong>2021</strong>F (Thousand Units)<br />

Figure 5: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Size By Price Range 2014 & <strong>2021</strong> (Units)<br />

Figure 6: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Share By End User Segment 2014 & <strong>2021</strong>F<br />

Figure 7: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Share By Application 2014 & <strong>2021</strong>F<br />

Figure 8: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Share By Technology 2014 & <strong>2021</strong> (Units)<br />

Figure 9: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Share By Region 2014 & <strong>2021</strong>F<br />

Figure 10: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Share By City 2014 & <strong>2021</strong>F<br />

Figure 11: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Share By Distribution Channel 2014 & <strong>2021</strong>F<br />

Figure 12: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Share By Value By Company 2014 & <strong>2021</strong>F<br />

Figure 13: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Share By Volume By Company 2014 & <strong>2021</strong>F<br />

Figure 14: Design of <strong>Air</strong> <strong>Purifier</strong> System<br />

Figure 15: Pollution Index of top 10 cities of <strong>India</strong> 2015<br />

Figure 16: Components of <strong>Air</strong> <strong>Purifier</strong> System<br />

Figure 17: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Average Selling Price 2010 - 2014 (INR)<br />

Figure 18: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Average Selling Price 2015F – <strong>2021</strong>F (INR)<br />

Figure 19: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Share By Penetration 2011 – <strong>2021</strong>F<br />

Figure 20: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Import By Value 2010 - 2014 (INR Lakh)<br />

Figure 21: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Export By Value 2010 - 2014 (INR Lakh)<br />

Table 1: <strong>India</strong> Economic Profile – 2014<br />

Table 2: Import Duty Structure of air purifiers<br />

Table 3: Key Facts of Eureka Forbes<br />

Table 4: Key Facts of Daikin <strong>India</strong> Pvt. Ltd.<br />

Table 5: Key Facts of Philips <strong>India</strong> Pvt. Ltd.<br />

Table 6: Key Facts of Panasonic <strong>India</strong> Pvt. Ltd.<br />

Table 7: Key Facts of Blueair <strong>India</strong> Pvt. Ltd.<br />

Table 8: Key Facts of The Atlanta Healthcare<br />

Table 9: Key Facts of Kent RO Systems Limited<br />

Table 10: Key Facts of Sharp <strong>India</strong> Limited<br />

Table 11: Key Facts of Crusaders <strong>India</strong> Pvt. Ltd.<br />

Table 12: Key Facts of LG Electronics <strong>India</strong> Pvt. Ltd.<br />

List of Tables<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 5


1. Executive Summary<br />

<strong>Air</strong> Pollution is one of the major issues that are going on in the world. <strong>Air</strong> purifier is a device<br />

which acts as an aid in such environment. <strong>Air</strong> purifier is a device that removes contaminating<br />

particles (such as dust, pollen, and dander) from the air and purifies it for the people to breathe.<br />

<strong>Air</strong> <strong>Purifier</strong> is a product with major portion of the sales going to those homes where either a<br />

person is sick or is suffering from asthma or some other allergies. Recently, with media being<br />

the source of breaking the ice to the common people about the increasing pollution in the<br />

environment has led to a flare of awareness about the availability of the product to prevent the<br />

same.<br />

The <strong>Air</strong> <strong>Purifier</strong> <strong>market</strong> is at an emerging stage in developing countries like China, <strong>India</strong> etc. The<br />

global players are eyeing these highly potential <strong>market</strong>s to grab a share. Particulate matter 2.5<br />

micrometres or less in diameter (PM2.5) is produced by incomplete combustion of fossil fuels<br />

and biomass and one of the biggest concerns. One-hundredth the thickness of a human hair,<br />

PM2.5 can penetrate deep into the lungs and blood stream and is dangerous at any<br />

concentration. The International Agency for Research on Cancer (IARC) concluded in 2013 that<br />

particulate matter is carcinogenic to humans. With PM 2.5 concentration increasing in the<br />

environment the demand of air purifier is expected to surge on a very high scale.<br />

There are many factors that are associated with an air purifier. Factor like energy efficiency, air<br />

flow, CADR affect the performance of any air purifier<br />

Energy Efficiency<br />

The energy efficiency of an air purifier can be checked by considering how many watts of power<br />

it uses. If wattage information is unavailable, multiply the number of volts by the number of<br />

amps. Options range from air cleaners that operate on around Xxxx watts to models that run on<br />

Xxxxwatts or more when on the highest setting.<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 6


ACH<br />

The air changes per hour, or ACH, of an air purifier is an significant characteristic. It reflects the<br />

number of times in an hour that an air cleaner exchanges the air in a room. <strong>Air</strong> purifiers with<br />

ACH ratings of four or higher exchange the air at least four times per hour which is considered<br />

good.<br />

CADR<br />

Clean air delivery rate or CADR is a rating is assigned by the Association of Home Appliance<br />

Manufacturers, or AHAM. The higher the CADR is the more effective an air cleaner is at<br />

purifying the air.<br />

Now technology-wise the air purifier can be differentiated on the basis of air puirifers that are<br />

used in any air purifier. HEPA Filters is one of the most effective filters which pulls at least Xxxx<br />

percent of particles from the air. Ion and ozone generators, electrostatic precipitators, prefilters<br />

are some of the filters that are used in the air purifier system. Also, the forthcoming new<br />

technologies are a major growth driver in the air purifiers <strong>market</strong>. Research and innovation of<br />

technology has a great effect on the demand of air purifiers in the <strong>market</strong>. Cost is responsible<br />

for the larger part of the society to afford the product. Strengthening of the weak distribution<br />

channels, creating awareness, intensive <strong>market</strong>ing and increasing penetration into the tier I&II<br />

<strong>market</strong>s, which are some of the few major challenges, will affect the positive growth of this<br />

industry in the future.<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 7


2. <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong><br />

Pollution in the air has a very adverse effect on people, health wise and beauty-wise along with<br />

the ecosystem. Indoor air pollution is the main cause of growing health problems of infections,<br />

asthma and even lung cancer. The indoor air may even cause side effects like headaches,<br />

fatigue, congestion, nausea and irritation in eyes. The air pollution is caused by majorly caused<br />

by industries which contributes to Xxxx% of the pollution, followed by transportation accounting<br />

to Xxxx% of the pollution and the rest agriculture, commercial products and others recording<br />

to pollution of Xxxx%, Xxxx% and Xxxx% respectively.<br />

According to study organized by WHO, Xxxx out of the Xxxx most polluted cities in the world are<br />

in <strong>India</strong> by 2015, Delhi being the second most polluted. <strong>India</strong> is one of the prime targets of air<br />

pollution as according to WHO air pollution is the fifth largest killer in <strong>India</strong>. Fuel wood and<br />

biomass burning, fuel adulteration, vehicle emission and traffic congestion are some of the<br />

major reasons for the continuously polluting air in <strong>India</strong>. <strong>India</strong>n consumers were under the<br />

misconception that pollution affects only if you stay outdoors. But the indoor air is equally<br />

polluted due to the microorganism’s presence everywhere. <strong>Air</strong> purifiers are high-tech devices<br />

that purify the indoor air by removing impurities such as dust particles (including PM 2.5<br />

particles the tiny particulate matter that causes the most damage to human health), pollen,<br />

smoke and other airborne irritants.<br />

The air purifier <strong>market</strong> is at a very nascent stage in <strong>India</strong> with revenues worth INR Xxxx crore<br />

acquired in 2014. The air purifier <strong>market</strong> is directly dependent on the health factor of the people.<br />

With the number of people affecting from diseases is going on increasing, the air purifier <strong>market</strong><br />

is expected on a continuous rise. Volumetrically, the air purifier <strong>market</strong> grew with a CAGR of<br />

Xxxx % from 2010 to 2014.<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 8


<strong>Air</strong> <strong>Purifier</strong> is a product which is expected to grow like the water heater <strong>market</strong> in <strong>India</strong>. <strong>Air</strong><br />

purifier is mostly used in the commercial application but now with the increasing awareness<br />

among the people, the use of air purifier in the residential sector is also on a surge. In the<br />

commercial sector, the hospitals, hotels, motels, museums and various other educational<br />

institutes are involved. Delhi, Bangalore, Guwahati, Mumbai are some of the most populated<br />

cities in <strong>India</strong> experiencing the highest demand of air purifiers.<br />

Technology is also one of the governing factors in the growing <strong>market</strong> of air purifier in <strong>India</strong>.<br />

Filters are the most important component of an air purifier which filters the air. HEPA filters<br />

dominate the air purifier <strong>market</strong>. Electrostatic precipitators follow the lead and are usually used<br />

along with the HEPA filters. The leading companies are continuously on the innovation in<br />

technology which will benefit the asthma patients and the other respiratory patients. With the<br />

innovation in technology, the air purifier <strong>market</strong> is also expected to take a big leap. The leading<br />

brands in the air purifier marker are Eureka Forbes, Daikin, KENT, LG, Sharp <strong>India</strong>. The new<br />

entrants in this <strong>market</strong> are increasing as the product is new and <strong>India</strong> poses as one of the most<br />

potential <strong>market</strong> for air purifiers. The increasing awareness among the people, the rise in the<br />

disposable income of the people, increasing lifestyle and health consciousness are some of the<br />

factors that will drive the air purifier <strong>market</strong> in <strong>India</strong>.<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 9


2.1. Market Size<br />

2.1.1. By Volume<br />

2.1.1.1. Overall Market<br />

The air purifier <strong>market</strong> is directly related to the deteriorating health of the <strong>India</strong>n customers year<br />

by year. Once <strong>India</strong>ns start to become conscious about the indoor pollution levels, this <strong>market</strong><br />

has a potential to be as big as the water purification <strong>market</strong> in <strong>India</strong>. China and <strong>India</strong> have the<br />

world's highest average exposure to PM 2.5, according to the 2014 Environmental Performance<br />

Index, which is jointly compiled by Yale and Columbia universities. The smaller PM2.5 was<br />

particularly deadly, with a Xxxx% increase in lung cancer per 10μg/m3 as it penetrated deeper<br />

into the lungs. These factors make the ground for the <strong>market</strong> of air purifier in <strong>India</strong>.<br />

Figure 3: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Size By Volume 2010 - 2014 (Thousand Units)<br />

100<br />

90<br />

80<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

2010 2011 2012 2013 2014<br />

Source: Bonafide Research<br />

In terms of volume, the air purifier <strong>market</strong> had sales of Xxxx in 2010 which increased with the<br />

increasing <strong>market</strong> and the volume increased with an annual growth of Xxxx% from 2010 to<br />

2014. In some of the metro cities of <strong>India</strong>, air purifies also pose as a status symbol which also<br />

has a considerable <strong>market</strong> share in volume terms. The people now focusing on health before<br />

money is also an emerging trend in <strong>India</strong> which will lead to the increasing <strong>market</strong> of air purifier in<br />

<strong>India</strong> in terms of volume. The volume sales increased to reach Xxxx units with a CAGR of about<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 10


Xxxx%. With the organized players emerging into the <strong>market</strong> with various products and models<br />

with additional features the volume is expected to surge higher into the <strong>market</strong>.<br />

Figure 4: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Size By Volume 2015F – <strong>2021</strong>F (Thousand Units)<br />

350<br />

300<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

2015 2016 2017 2018 2019 2020 <strong>2021</strong><br />

Source: Bonafide Research<br />

The World Health Organization reports that the <strong>India</strong>n capital records an average PM 2.5<br />

reading of 153 micrograms per cubic meter. That’s nearly triple the level in Beijing no slouch<br />

when it comes to smog and more than ten times the average in New York City. The National<br />

Green Tribunal has ordered the Government to equip the educational institutes and the<br />

commercial establishments with air purifiers. The hospitals are one of the important segments<br />

where the air purifiers serve. The microorganisms of the diseased patient can affect others<br />

health. <strong>Air</strong> purifier functions well in these areas which needs immediate purification of air.<br />

Nowadays, hotels also provide rooms with high – end expensive air purifiers which is also<br />

driving the air purifier <strong>market</strong> in <strong>India</strong>. The air purifier <strong>market</strong> was specifically used in the<br />

commercial segment back then, but now with people being aware about the pollutants in the<br />

indoor air as well, air purifiers are expected to be a daily product in the residential segment as<br />

well. Volumetrically, the air purifier <strong>market</strong> is expected to reach Xxxx units in 2015 which is<br />

expected to grow with an expected CAGR of Xxxx% to reach volume sales of Xxxx units till<br />

<strong>2021</strong>.<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 11


2.2. Market Share<br />

2.2.2. By Application<br />

Residential and commercial are the different end users in the air purifier <strong>market</strong> in <strong>India</strong>. Now,<br />

the applications where the air purifiers are used are: Hotels, hospitals, educational institutes,<br />

offices, museums and homes.<br />

Figure 7: <strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market Share By Application 2014 & <strong>2021</strong>F<br />

Hotels<br />

Hospitals<br />

Educational<br />

Institutes<br />

Offices<br />

Museums<br />

Others<br />

Source: Bonafide Research<br />

Hospitals are one of the core applications of an air purifier system. The complex hospital<br />

environment requires particular attention to ensure a healthy Indoor <strong>Air</strong> Quality (IAQ) to protect<br />

patients and healthcare employees against hospital-acquired infections and occupational<br />

diseases. The medical air purifier is an ideal solution for hospitals and other health amenities<br />

that are constantly exposed to potentially dangerous air particles. Medical facilities are under<br />

constant attack from dust mites, bacteria, virus, molds etc. and odor issues whether they come<br />

from coughing patients, soiled linens, contaminated countertops or other sources. Hospitals<br />

acquired a share of Xxxx% in 2014 which is surely expected to increase in the coming years.<br />

By <strong>2021</strong>, it is expected that innovation in technology will lead to hospitals becoming the largest<br />

share holder in air purifier <strong>market</strong> in <strong>India</strong>. Hotels segment to Xxxx% of the air purifier <strong>market</strong> by<br />

application which is expected to reach to become Xxxx% by <strong>2021</strong>. With increase in<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 12


urbanization and the trend of earning more and more money, people are spending almost Xxxx<br />

% of their time in their offices and homes. The poor air quality of the indoor atmosphere can<br />

intensely affect the health, comfort, and productivity of building occupants. Various brands have<br />

multiple models of air purifier for the offices and other areas in the organization. They can solve<br />

virtually every indoor air quality problem in your office, retail store, restaurant, fitness center,<br />

industrial building, assisted living facility, or any other structure. Offices cater to Xxxx% of the<br />

air purifier <strong>market</strong> in <strong>India</strong> in 2014. With the increasing number of SOHO’s and SME’s in every<br />

nook and corner of <strong>India</strong>, the air purifier demand in the offices is also expected to reach Xxxx%<br />

till <strong>2021</strong>. Educational institutes are other growing segment in the air purifier which account to<br />

Xxxx% of the <strong>market</strong> currently which is forecasted to reach Xxxx% by <strong>2021</strong>. The government is<br />

taking measures to install air purifiers in the institutes to ensure health issues of the infants. So,<br />

apart from residential places, commercial segment are responsible for the growth of the air<br />

purifier <strong>market</strong> in <strong>India</strong>.<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 13


13. Competitive Landscape<br />

13.2. Company Profiles<br />

13.2.1. Eureka Forbes<br />

Eureka Forbes is a consumer durable company which was formed from a joint venture between<br />

the Shapoorji Pallonji Group’s Forbes & Company Ltd. based in Mumbai and Electrolux of<br />

Sweden in 1982. Eureka Forbes started as a small firm to introduce domestic water purifier the<br />

Aquaguard and is now a multi-product, multi-channel organization. Eureka Forbes sells direct in<br />

<strong>India</strong>. The customer has always been at the centre of their business and they are constantly<br />

expanding their ways of reaching out to them to understand their needs and aspirations.<br />

Passion for delivering with excellence has always motivated us to come up with high quality<br />

products to ensure satisfaction and the wellbeing of the families.<br />

Eureka Forbes was born in 1982 with the vision of bringing happy, healthy, safe and pollutionfree<br />

living to customers through lasting relationships as Friends for Life. They have since grown<br />

to become an over Rs. Xxxx multi-product, multi-channel organisation that is part of the<br />

Shapoorji Pallonji Group and has over eight million satisfied customers and a reach of over<br />

Xxxx cities and towns.<br />

In addition to Asia’s largest direct sales force, they have a consumer channel of over Xxxx<br />

dealers, an institutional channel Forbes Pro Solutions that has water projects, cleaning solutions<br />

and railways divisions as well as an inventive business partner network and a rural channel.<br />

One of the most expansive service networks in <strong>India</strong> backs these channels. They have also<br />

extended their presence to the global <strong>market</strong> as Forbes Lux in a joint venture with Lux<br />

International, Switzerland<br />

In a similar endeavor, they introduced direct selling in <strong>India</strong> and pioneered the water and air<br />

purification systems, vacuum cleaners and security systems. They have since added channels<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 14


to enhance their reach and respond effectively to the needs of their customers. Their Consumer<br />

Channel was established to effectively respond to the expectations of customers looking for the<br />

means to safer and healthier living. It offers them a range of water purification and home<br />

cleaning products through a network that has rapidly spread to encompass over Xxxx dealers<br />

across over Xxxx cities and towns across <strong>India</strong>.<br />

Valuing the special bond it shares with customers, their team puts in extra efforts to maintain<br />

and deliver products of unmatched quality. Strict adherence to quality control policies ensures<br />

that its products meet the customer expectations in every way. Crafted carefully to meet the<br />

needs and suit the lifestyle of modern-day customer base, these home products are extremely<br />

convenient to use. Eureka Forbes products for home feature the latest technology that simplifies<br />

tasks, enhances efficiency levels and saves time. The comprehensive range of products offered<br />

by Eureka Forbes are a perfect blend of personal touch with professional craftsmanship making<br />

them stand out.<br />

Their products have led and dominated the water and air purification systems, cleaning systems<br />

and security systems categories. Aquaguard, their flagship water purifier brand sold through the<br />

direct sales channel, is trusted by over 40 mn people whilst on retail shelves, the AquaSure<br />

range provides safe drinking water to homes even without electricity and running water and the<br />

Forbes range for homes and offices at different price points. They also have an institutional<br />

range and customised solutions for the rural <strong>market</strong> and they have recently launched Aquasure<br />

packaged drinking water. Their Euroclean range of vacuum cleaners has over 3.5 mn<br />

customers and they also have the Forbes range on retail shelves and commercial and industrial<br />

cleaning products. They were the first to introduce state-of-the-art Euroair <strong>Air</strong> <strong>Purifier</strong>s that<br />

ensure clean, safe air and pollution-free homes. They also <strong>market</strong> domestic electronic security<br />

systems under the brand Eurovigil and they recently entered and revolutionized the fire safety<br />

category with Fireguard portable fire extinguishers with a patented and innovative space age<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 15


technology fire suppressant. The air in your home can be up to 10 times more polluted than<br />

outdoor air. Pollutants like dust, allergens, mold, spores and bacteria are invisible to the eye but<br />

have an adverse effect on health. Aeroguard’s superior purification technology helps remove<br />

allergens and maintain a healthy environment in your home. Get the Aeroguard with ACTON<br />

for a healthy and allergen-free environment for you and your loved ones. The air quality inside<br />

your car can be up to 5 times more polluted than outside air, as micro-particles dust, pollen,<br />

harmful gases, viruses and bacteria are not filtered and remain inside the car. Most airconditioning<br />

systems are ineffective in keeping these pollutants out. Aeroguard Car <strong>Air</strong> <strong>Purifier</strong><br />

effectively reduces germs, bacteria, viruses, mould, fungus and odour from your car making it a<br />

healthy & comfortable drive for you and your loved ones.<br />

Table 3: Key Facts of Eureka Forbes<br />

Founded 1982<br />

Parent Company<br />

Key people<br />

Industry<br />

Headquarters<br />

Other manufacturing/<br />

distribution centers<br />

Number of employees<br />

Forbes & Company Ltd<br />

Suresh Goklaney (Vice Chairman)<br />

Home Appliances<br />

B1/B2, 701, 7th Floor, Marathon Innova Marathon<br />

NextGen, Off Ganpatrao Kadam Marg Lower Parel,<br />

Mumbai – 400 013, <strong>India</strong>.<br />

Amapara, West Bengal, Hyderabad<br />

10000 (approx)<br />

Contact Number +91 22 3044 9700<br />

Web Address<br />

Products<br />

Revenue (2013-14)<br />

www.eurekaforbes.com<br />

Water purifiers, Vacuum Cleaner, <strong>Air</strong> <strong>Purifier</strong>, Security<br />

System<br />

INR Xxxx Crore<br />

Source: Company website, Annual Report<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 16


15. Disclaimer<br />

The contents of this report are based on information generally available to the public from<br />

sources believed to be reliable. No representation is made that it is timely, accurate or<br />

complete. Bonafide Research has taken due care and caution in compilation of data as this has<br />

been obtained from various sources including which it considers reliable and first hand.<br />

However, Bonafide Research does not guarantee the accuracy, adequacy or completeness of<br />

any information and it is not responsible for any errors or omissions or for the results obtained<br />

from the use of such information and especially states that it has no financial liability whatsoever<br />

to the subscribers / users of this report. The information herein, together with all estimates and<br />

forecasts, can change without notice.<br />

All the figures provided in this document are indicative of relative <strong>market</strong> size and are strictly for<br />

client’s internal consumption. Usage of the same for purpose other than internal will require prior<br />

approval of Bonafide Research.<br />

<strong>India</strong> <strong>Air</strong> <strong>Purifier</strong> Market <strong>Outlook</strong>, <strong>2021</strong> Page 17

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