Global Water Purifier Market Report Examines Latest Trends and Key Drivers Supporting Growth through 2024

Posted on 2018-05-02 by Mark Hub in Industrial, Retail // 0 Comments

Albany, USA, 2018-May-02 — /EPR Network/ —In order to study the various trends and patterns prevailing in the overall market for Water Purifier, Market Research Reports Search Engine (MRRSE) has included a new report titled “Water Purifier Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future. Readers can access the regional as well as segment-wise analysis for acquiring precise information about the global market structure.

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The global water purifier market has been steadily rising over the years. Some of the prominent names operating in the market are A.O. Smith Corporation, Aquatech International LLC, Best Water Technology, Brita, GmbH, Coway Co., Ltd., Culligan International Company, EcoWater Systems LLC, Eureka Forbes Ltd., Evoqua Water Technologies LLC, GE Appliances, Ion Exchange, Kaz USA, Inc., Kent RO Systems Ltd., Kinetico Inc., LG Electronics, Mitsubishi Rayon Cleansui Co., Ltd., Panasonic Corporation, Pentair Plc, Philip Electronics, Tata Chemicals Ltd., Unilever N.V., and Whirlpool Corporation.

As per a report by MRRSE, the global water purifier market will register a healthy 8.4% CAGR from 2017 to 2025. At this rate it is expected to grow its value from US$ 53.36 bn in 2016 to US$110.02 bn by 2025.

Small Cycle Time Makes Replacement Filters Market Leading Accessories Segment

Depending upon the type of accessories, the water purifier market is divided into pitcher filter, under sink filter, shower filter, faucet mount, water dispenser, replacement filters, counter top filters, house hold filters, etc. Among them, the segment of replacement filters is growing at a healthy clip because of their affordable prices and small cycle time. The MRRSE report forecasts the market for replacement filter to expand at a strong CAGR of 9.5% between 2017 and 2025.

Geographically, the key segments of the global water purifier market are North America, South America, Europe, Asia Pacific, and the Middle East and Africa. Asia Pacific, of them, is a key region and is expected to surpass all other regions in terms of growth rate. According to the MRRSE report, the region will likely clock a robust 11.9% CAGR from 2017 to 2025. The market in the region is primarily being fuelled by its 4.4 billion population, which is about 60.0% of the world population. To satiate their need for clean water, water purifiers are seeing swift uptake. The high levels of water pollution and depleting groundwater resources are also pushing up demand for water purifiers. The RO purifier technology is said to be spearheading the growth in the Asia Pacific market.

Demand for Clean Water Catalyses Growth

At the forefront of driving growth in the global water purifier market is the burgeoning global population. Their growing demand for clean water for consumption has generated strong demand in the market. This demand in urban areas is higher thanks to high levels of water pollution resulting from industries dumping their waste in water bodies advertently or inadvertently.

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Moreover, uncertain availability of freshwater from resources in many countries, particularly in the Middle East region, forces them to depend on the water from ocean water, which requires desalination. This has also been stoking demand in the market.

This research report provides in-depth analysis of the global water purifier market on the basis of technology, accessories, and end-users. The water purifier market based on technology includes gravity purifiers, RO purifiers, UV purifiers, sediment filters, water softener, ceramic filter, and distillation among others. The water purifier end-user segment comprises industrial, commercial, and household segments. On the basis of accessories, the market is divided into pitcher filter, under sink filter, shower filter, faucet mount, water dispenser, replacement filters, countertops, whole house filters and others.

In terms of geographical regions, the report segments the global water purifier market into North America, Europe, Asia Pacific, Middle East & Africa (MEA), and South America; the regions are analyzed in terms of revenue generation. The report provides cross-sectional analysis of the global water purifier market in terms of market estimates and forecasts for all segments across different geographic regions along with the respective countries.

Global Water Purifier Market: Competitive Analysis

The report also includes competitive profiling of major players engaged in developing water purifiers. Major business strategies adopted by them, their market positioning, and various recent developments have also been identified in the research report. This report also provides market share analysis of major players in the water purifier market based on their 2016 revenues.

The key players in the global water purifier market include A.O. Smith Corporation, Aquatech International LLC, Best Water Technology, Brita, GmbH, Coway Co., Ltd., Culligan International Company, EcoWater Systems LLC, Eureka Forbes Ltd., Evoqua Water Technologies LLC, GE Appliances, Ion Exchange, Kaz USA, Inc., Kent RO Systems Ltd., Kinetico Inc., LG Electronics, Mitsubishi Rayon Cleansui Co., Ltd., Panasonic Corporation, Pentair Plc, Philip Electronics, Tata Chemicals Ltd., Unilever N.V. and Whirlpool Corporation.

The global water purifier market is segmented as below:

Global Water Purifier Market, By Technology

Gravity Purifier
RO Purifier
UV Purifier
Sediment Filter
Water Softener
Others

Global Water Purifier Market, By Accessories

Pitcher Filter
Under Sink Filter
Shower Filter
Faucet Mount
Water Dispenser
Replacement Filters
Counter Top
Whole House
Others

Global Water Purifier Market, By End-User

Industrial
Commercial
Household

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