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Ep-967 | Daily Money Show | Stock Market News Today
Takeaway
Air purifiers are the next AC-style mass adoption story — early purifier manufacturers could see massive multi-year tailwinds.
Summary
- Sensex -450 to 78,248; Nifty -168 to 23,644; midcap +0.26%, smallcap -0.34%, Bank Nifty -0.7%
- India AC market grew 17% CAGR (2004-12), 19% CAGR (2000-20), 8-10% CAGR (2015-24) — manufacturers/sellers benefited massively
- Pollution killing 20 lakh Indians yearly; 1.4B residents impacted; Delhi/Mumbai schools shut on bad days — next big consumer product transformation will be air purifiers
- Air purifier market 2023: ₹777 crore; projected to grow at 16.3% CAGR to ₹3,147 crore by 2030 (one forecast) or 28.51% CAGR to $1,169M (another)
- Industrial and mall air purifier installations already starting in Hyderabad; companies manufacturing/selling purifiers stand to gain like AC players did
air purifierconsumer durablespollution
Original description
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