Global Residential Water Purifier Market Projected to grow at a CAGR of 14.6% over the Forecast Period 2016-2024

New York, USA, 2018-Aug-09 — /EPR Network/ —According to Goldstein Research, global residential water purifier market size is expected to reach USD 33.4 billion by 2024 from estimated market size of USD 11.2 billion in 2016, growing at a CAGR of 14.6% over the forecast period 2016-2024. The increase in personal disposable income coupled with growing health awareness among the people for the hygiene and clean water is driving the growth of residential water purifier market. Global residential water purifier market segmentation has been done on the basis of technology, filtration system, distribution channel and geography. Based on technology, RO purifier accounted for largest market share of nearly 70.0% in 2016.

Geographically, global residential water purifier industry is dominated by Asia Pacific region and followed by North America and Europe market share.

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Market Segmentation

Global Residential Water Purifier Market can be segmented as follows:

Based on Technology

  • Reverse Osmosis (RO) Purifier
  • Ultra-violet (UV) Purifier
  • Multiple technology-based water purifier

Based on Filtration System

  • Point-of-use (POU) systems
  • Whole-house/point-of-entry (POE) systems

Based on Distribution Channel

  • Online Channel
  • Retail Stores

By Region

  • North America Residential Water Purifier Market Analysis, 2016-2024
  • Europe Residential Water Purifier Market Analysis, 2016-2024
  • Middle East and Africa Residential Water Purifier Market Analysis, 2016-2024
  • Latin America Residential Water Purifier Market Analysis, 2016-2024
  • Asia Pacific Residential Water Purifier Market Analysis, 2016-2024
  • Rest of the World Residential Water Purifier Market Analysis, 2016-2024

 

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“Global Residential Water Purifier Market Outlook 2024” contains detailed overview of the global residential water purifier market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by technology, filtration system, distribution channel and geography.

Key players of the Global Residential Water Purifier Market discussed in the report are:

Whirlpool Corporation, Eureka Forbes, Hindustan Unilever Limited (HUL), LG Electronics, Amway, 3M, Kent RO Systems, Panasonic Corporation, A.O.Smith, etc.

The report includes competitive analysis of industry major players, discussing their company profiles that discusses the financial analysis, business strategies, distribution of revenue by regions and by business segments, technological developments and investments in the company, and other relevant information to provide business outlook.

Further, Global Residential Water Purifier Market Report also highlights the market size, share, market growth rate, and data of global residential water purifier trade, demand, supply and pricing trends. The report also encompasses the in-depth analysis of growth drivers, opportunities, market current & future trends, risk analysis, BPS analysis, SWOT analysis, market attractiveness, and Porter’s five force model to help the market stakeholders such as existing players, new entrants in the market, technology providers and others with complete market outlook and support to design business strategies.

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Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts working on consumer goods industry analysis to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

 

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Browse Similar Report: Residential Air Purifier Market

 

 

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