Air treatment products enjoyed three years of dynamic retail volume growth in Hong Kong, with home seclusion as a result of the pandemic and subsequent heightened hygiene concerns driving up demand in 2020, followed by the government’s Consumption Voucher Scheme in 2021 and 2022, which encouraged local citizens to upgrade various appliances, which they may otherwise have postponed. However, the higher spending on air treatments products towards the end of the review period and the high penetration and replacement rates of air conditioners in particular will lead to greater normalisation in terms of future growth.
Connected air conditioners are set to continue gaining in popularity in Hong Kong over the forecast period, provided that their advanced features are highly cost-effective. Consumers expect to be able to connect to their air conditioners with wi-fi to control the appliance from anywhere in the home or even when they are not present through a mobile app.
Chinese brands are likely to gain in further popularity in Hong Kong over the forecast period. Xiaomi Mi Air (air purifier) and Midea’s air conditioners will help contribute to this trend.
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Understand the latest market trends and future growth opportunities for the Air Treatment Products industry in Hong Kong, China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Air Treatment Products industry in Hong Kong, China, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Air Treatment Products
This category includes all cooling (window, room and split air conditioners, desk fans, standing fans, tower fans, air coolers and ceiling fans), dehumidifiers, humidifiers, air purifiers.
See All of Our DefinitionsThis report originates from Passport, our Air Treatment Products research and analysis database.
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