The opportunity in the global water purifier market is expected to be worth US$97.89 bn by 2024, expanding at a CAGR of 8.0% from 2016 to 2024.
Albany, NY -- (SBWIRE) -- 11/18/2016 -- This report on the global water purifier market provides analysis for the period 2014 – 2024, wherein 2015 is the base year and the period from 2016 to 2024 is the forecast period. Data for 2014 has been included as historical information. The report covers all the prevalent trends and technologies playing a major role in the growth of the water purifier market over the forecast period. It also highlights various drivers, restraints, and opportunities expected to influence the market growth during the said period. The study provides a holistic perspective on market growth throughout the above forecast period in terms of revenue estimates (in US$ Bn), across different geographies, which include North America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA), and South America.
Drinking clean water is important for both health and well-being. Contaminated water carries harmful bacteria and viruses that can cause water borne diseases in humans. Governments around the world are focusing on providing safe and clean drinking water to citizens. However, in many countries, the quality of drinking water provided by the government is compromised and citizens need to rely on additional filtration techniques. Continuous industrial expansion and concerted efforts by civic authorities to expand the availability of safe water in households, particularly in rural areas, significantly boosts the global water purifier market growth. In developed markets, advancements in water purification technologies are strong due to initiatives taken for improving drinking water quality, reduction of wastewater release, and increase in the water treatment and recycling rate. Asia Pacific dominates the overall demand for water purifiers globally owing to surging demand from both rural and urban population and rising awareness about consuming safe drinking water.
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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, 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.
The report also includes competitive profiling of major players engaged in manufacturing 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 2015 revenues.
The key players in the global water purifier market include GE Corporation, Tata Chemicals Ltd, Pentair Residential Filtration, LLC, Eureka Forbes, Kent RO Systems Ltd., Brita GmBH, A.O Smith Corp. (Aquasana, Inc.), and Culligan International Company.
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Other players include Evoqua Water Technologies LLC, 3M Purification, Inc., Kinetico Inc., LG Electronics, Coway Co., Ltd., Best Water Technology, Kaz USA Inc., Koninklijke Philips N.V., Whirlpool Corporation, Aquatech International LLC, EcoWater Systems LLC, and The Clorox Company.
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