Water Purifiers Market Overview: 2024-2030
Base Year: 2023
Historical Years: 2019-22
Forecast Years: 2024-30
The Water Purifiers Market size is estimated to grow at a CAGR of around 10.8% during the forecast period, i.e., 2024–30. Over the years, the water purifier industry has experienced considerable growth due to the rising awareness of water-borne diseases among consumers and the importance of microbiologically safe drinking water. As water purifiers, specifically those with UV technology, offer a chemical-free and swift method to eliminate bacteria and viruses, it makes them an attractive choice for health-conscious households.
Markntel Advisor’s Water Purifiers Market Insights report provides the current and forecast market analysis, individual leading companies' market shares, challenges, Water Purifiers Market drivers, barriers, Water Purifiers Market Trends, and Key Players in Water Purifiers Market.
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Water Purifiers Market Dynamics: 2024-2030
Water Purifiers Market Driver:
Increasing Water Pollution – Over the years, countries like India, China, Canada, Mexico, etc., have undergone rapid urbanization and economic expansion, resulting in the contamination of water bodies. This pollution had consequences not only on the environment but also on public health and general well-being. As water bodies become more contaminated with pollutants, chemicals, and pathogens, there has been a growing concern among the population about the safety of their drinking water. This heightened awareness of water contamination has driven individuals to seek effective methods to purify their water, resulting in the adoption of water purifiers.
Moreover, in countries like Saudi Arabia, India, Australia, Canada, etc., there has been a rising influx of people into towns and cities, particularly from the expanding middle class. This surge in urbanization is driving increased industrial activities and infrastructure developments, resulting in a heightened release of pollutants into water bodies. Stormwater runoff, carrying contaminants like oil, heavy metals, and chemicals from paved surfaces, is further exacerbating water pollution in rivers and streams. These factors result in a growing water population in urban environments, posing a challenge to public health. Consequently, the escalating urbanization is significantly accelerating water pollution rates in urban areas, thereby driving the demand for water purifiers.
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Water Purifiers Market (2024-30): Segmentation Outlook
The market report has segmented the market into the following categories:
· By Type
o Point-of-use Filters- Market Size & Forecast 2019-2030, Thousand Units & USD Million
§ Under the Counter Filters- Market Size & Forecast 2019-2030, Thousand Units & USD Million
§ Counter Top Filters- Market Size & Forecast 2019-2030, Thousand Units & USD Million
§ Pitcher Filters- Market Size & Forecast 2019-2030, Thousand Units & USD Million
§ Faucet-mounted Filters- Market Size & Forecast 2019-2030, Thousand Units & USD Million
§ Others (Wall Mounted Filters, Shower Filter, etc.) - Market Size & Forecast 2019-2030, Thousand Units & USD Million
o Point-of-entry Filters- Market Size & Forecast 2019-2030, Thousand Units & USD Million
· By Technology
o Reverse Osmosis (RO) - Market Size & Forecast 2019-2030, Thousand Units & USD Million
o Ultraviolet (UV) - Market Size & Forecast 2019-2030, Thousand Units & USD Million
o Gravity Based- Market Size & Forecast 2019-2030, Thousand Units & USD Million
o Others (Ultrafiltration (UF), RO+UV+UF, etc.) - Market Size & Forecast 2019-2030, Thousand Units & USD Million
· By End User
o Residential- Market Size & Forecast 2019-2030, Thousand Units & USD Million
o Commercial- Market Size & Forecast 2019-2030, Thousand Units & USD Million
· By Portability
o Non Portable- Market Size & Forecast 2019-2030, Thousand Units & USD Million
o Portable- Market Size & Forecast 2019-2030, Thousand Units & USD Million
· By Capacity
o 5 L- 8 L- Market Size & Forecast 2019-2030, Thousand Units & USD Million
o Above 8 L- Market Size & Forecast 2019-2030, Thousand Units & USD Million
· By Sales Channel
o Direct Sales- Market Size & Forecast 2019-2030, Thousand Units & USD Million
o Online- Market Size & Forecast 2019-2030, Thousand Units & USD Million
o Retail- Market Size & Forecast 2019-2030, Thousand Units & USD Million
· By Region
o North America
o South America
o Europe
o The Middle East & Africa
o Asia-Pacific
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Top Companies Operating in the Water Purifiers Market:
- Kent RO System Ltd.
- A. O. Smith Corporation (Aquasana Inc.)
- Eureka Forbes Limited
- Panasonic Corporation
- LG Electronics
- Veolia Water Technologies & Solutions
- Unilever Plc
- Kinetico Inc.
- Aquatech International LLC
- GE Appliances
- Whirlpool Corporation
- Pentair Plc
- EcoWater Systems LLC.
- 3M Company
- Amway Corp.
- Others
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