Rapid population growth, land usage, propelling economic activities, and climate change are augmenting pressures on the quantity and quality of water resources, deteriorating quality of water. Deteriorating water quality and environmental sustainability has arisen as a global concern, causing disturbances in water usage, ecosystem functioning & health and the biodiversity.
According to a new market report published by BlueWeave Consulting, The Global Water Purifiers Market was valued at US$ 41.82 Bn in 2017 and is expected to expand at a CAGR of 9.6% from 2018 to 2025, reaching US$ 91.25 Bn by the end of the forecast period. According to the report, Asia Pacific was the largest contributor in terms of revenue to the Global water purifier market in 2017.
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Global Water Purifiers Market: Competitive Dynamics
The Global Water Purifiers market is dominated by a number of players, amongst them, the major players are Unilever N.V., LG Electronics, EcoWater Systems LLC, 3M Purification, Inc., Koninklijke Philips N.V., A.O. Smith Corporation, GE Appliances, Evoqua Water Technologies LLC and Coway Co., Ltd. Companies in this industry are following different strategies to strengthen their market position. For instance, In November 2017 A.O. Smith launched Green RO water purifiers in order to strengthen their presence in the water purifier segment in India. The new version saves two times more water than the ordinary RO purifier.
Global Water Purifiers Market: Scope of the Report
The Global Water Purifiers market is segmented on the basis of technology, end-users and sales channel. On the basis of technology, the market is segmented into RO Purifiers, UV Purifiers, Gravity Based, and Sediment Filters. RO Purifiers was the largest segment in the Global Water Purifiers market in 2017, and is estimated to witness the highest growth during 2018-2025. On the end-users basis, the market is segmented into Household, Commercial, and Industrial. Household accounted for the largest segment in the Global Water Purifiers market in 2017. On the basis of sales channel, the market is segmented into Retail Distributors, Online Suppliers and Direct to Customers.
On the basis of region, the market is segmented into five parts namely North America, Asia Pacific, Europe, Latin America, Middle East & Africa. Asia Pacific was the largest region in the global water purifiers market in 2017 with a market share of 29.59% and it is estimated to grow over a CAGR of over 10% during 2018-2025.
Global Water Purifiers Market: Key Technology Analysis
- RO Water Purifiers market is expected to grow with a CAGR of 9.80%, in terms of value during the forecast period owing to its high pressure filtration process which can remove 90% to 99% of all contaminants. It is the fastest growing technology used in water purifiers. Reverse osmosis (RO) is a water purification technology that uses a semipermeable membrane to remove ions, molecules and larger particles from drinking water.
- UV Water Purifiers market is expected to grow with a CAGR of over 9.40%, in terms of value during the forecast period in 2025, owing to its cost-effective factor over other purifiers. UV, or ultraviolet, water purification is a technique used to purify water to make it suitable to drink. This is done by using ultraviolet radiation, which is a type of high-energy light, to inactivate bacteria and disease-causing agents within the water.
- Gravity-Based Water Purifiers market is expected to grow with a CAGR of 9.7%, in terms of value during the forecast period in 2025, owing to its large scale usage in municipality or corporation water supply. Gravity-based water purifiers do not use electricity instead of that; it uses activated carbon or UF. Activated carbon made from small size carbon granules that absorb impurities that present in water. UF contain a bunch of hollow fibers of the membrane. While water passes through these hollow fibers impurities stick to it.
- Sediment Filters market is expected to grow with a CAGR of over 9.1%, in terms of value during the forecast period owing to its usage in water treatment. Sediment Filtration is an effective method for reducing turbidity in water caused by the presence of suspended solids such as silt, sand or clay. Sediment Filters remove suspended matter such as sand, dirt, rust, loose scale, clay or organic material from the water. Untreated water passes through a filter medium which traps suspended matter. Sediment filters can remove insoluble or suspended iron and manganese.
Table of Contents:
Chapter One: Research Framework
Chapter Two: Assumptions & Research methodology
Chapter Three: Executive summary
Chapter Four: Industry Insights
Chapter Five: Global Water Purifiers Market Overview
Chapter Six: Water Purifiers Market, By Technology
Chapter Seven: Water Purifiers Market, By End-Users
Chapter Eight: Water Purifiers Market, By Sales Channel
Chapter Nine: Water Purifiers Market, By Region
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