Water Purifier Market Report Share and Growth 2023-2028

Water Purifier Market Report Share and Growth 2023-2028

PRenub Research report titled “Water Purifier Market, Global Forecast by Technology (UV Purifier, RO purifier, Gravity purifier and Others), Distribution Channel (Retail Stores, Direct Sales and Online), By End User (Residential and Commercial), Countries United States, Canada, Argentina, Brazil, Mexico, Germany, France, United Kingdom, Spain, Switzerland, Italy, Belgium, Netherland, Turkey, China, India, Japan, Australia, Saudi-Arabia, Israel, South Africa, and Rest of the World), Company Analysis  2022-2028” finds that the Global Water Purifier Market size is projected to hit around US$ 56.79 Billion by 2028.

The water purification method is designed to do away with or reduce present water contaminants to the point where the water is healthy to be used. In current years, an innovative method which includes nanotechnology was studied to increase water purification technologies. As Water is essential for human survival, but billions of people round the sector lack access to secure clean water. Water-associated sicknesses stay highly concern, with 80% of all diseases and deaths within the growing global attributable to poor water and sanitation. Shockingly, a child dies each eight seconds due to water-related diseases, even though we’ve lengthy regarded that these diseases are effortlessly preventable.

Several factors pressure the water purifier marketplace, including growing recognition about waterborne diseases and technological improvements. Contaminated drinking water is a huge reason of waterborne diseases including cholera and diarrhea. The problem has become more accepted because of fast urbanization and industrialization, main to accelerated pollution caused by unsafe and toxic materials released into water bodies with the aid of chemical and strength flora. The significance of water treatment solutions cannot be overstated, as it creates substantial growth possibilities for providers operating in the water purifiers and filter market.

The global water purifier marketplace is expanding hastily, pushed by rising disposable income in rising economies. This growth in purchasing power has brought about a development within the standard of living, resulting in a higher demand for water purification structures. The demand for these systems is likewise fuelled by the increased supply of secure water by municipalities and the upward thrust in water recycling medications in emerging countries.

However, the high value of device and preservation might also limit the marketplace’s increase in upcoming years. In order to keep up with the latest trends, we introduced UV water purifiers and AI-based water purification systems. These revolutionary technologies are expected to drive the growth of the water purifier market in the forecast year.

The worldwide water purifier market is projected to develop at a CAGR of 9.18% from 2022 to 2028, indicating a growing marketplace for water treatment solutions.

3.75 Million Human beings die from water-related illnesses every year that is equivalent to a jumbo jet crashing every hour. This highlights the urgent need for effective water treatment solutions and cleaners to make certain easy and secure consuming water for all. Among these humans, youngsters account for 2.2 million deaths. The scarcity of safe water contributes to the roar of the water purifier marketplace. Over 2 billion people stay in water-stressed worldwide locations, which might be expected to increase in some regions because of climate change and populace increase. Shockingly, as a minimum 2 billion people globally use a consuming water supply infected with feces, which poses a considerable chance to their health. Microbial infection of consuming water is a primary public health difficulty, and it may transmit sicknesses which include diarrhea, cholera, dysentery, typhoid, and polio.

 

The Asia Pacific Water Purifier Market is developing each day.

The water purifier market is currently dominated by the Asia Pacific region, which holds the largest market share globally. China is the largest stockholder, followed by Japan. Although the adoption rate of filtration devices in India is lower, there is a rising public awareness of waterborne diseases and their detrimental effects on health. To capitalize on the immense potential of the Indian market, global players like A.O. Smith Corporation and Brita LP are making significant investments in the country’s water purification sector.. It is projected that India will expand at the fastest rate during the predicted period. Other developed nations with high product penetration rates for water filtration are Japan, South Korea, Australia, and New Zealand.

The Asia Pacific region currently dominates the water purifier market, boasting the largest market share worldwide, with China leading followed by Japan. Despite a lower adoption rate of filtration devices in India, there is a growing public awareness of waterborne diseases and their detrimental effects on health. To tap into the significant ability of the Indian marketplace, global marketplayers consisting of A.O. Smith Corporation and Brita LP are investing extensively within the Indian water purification segment. It is projected that India will extend at the fastest charge during the expected duration. Other developed countries with excessive product penetration rates for water filtration are Japan and Australia.

All the companies  studied from 3 points

  • Overview
  • Recent Development
  • Sales Analysis

 

Company Analysis

  1. Panasonic Corporation
  2. Honeywell International Inc.
  3. AO Smith Corporation
  4. Unilever plc
  5. Pentair
  6. Helen of Troy Limited
  7. Koninklijke Philips N.V
  8. 3M Corporation

 

Technology – Market  covered from 4 viewpoints

  1. RO Purifier
  2. UV Purifier
  3. Gravity Purifier
  4. Others

 

 

Distribution Channel – The market  covered from 3 viewpoints

  1. Retail Stores
  2. Direct Sales
  3. Online

 

 

End User – The market  covered from 2 viewpoints

  1. Residential
  2. Commercial

 

 

Countries – The market  covered from 22 viewpoints

  1. North America

 

1.1    United States

1.2    Canada

 

  1. Latin America

 

2.1    Argentina

2.2    Brazil

2.3    Mexico

 

  1. Europe

 

3.1    Germany

3.2    France

3.3    United Kingdom

3.4    Spain

3.5    Switzerland

3.6    Italy

3.7    Belgium

3.8    Netherland

3.9 Turkey

 

  1. Asia Pacific

 

4.1    China

4.2    India

4.3    japan

4.4    Australia

 

  1. Middle East & Africa

 

5.1    Saudi-Arabia

5.2    Israel

5.3    South Africa

 

6    Rest of the World

 

About the Company:

Renub Research is a Market Research and Consulting Company. We have more than 15 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide a wide range of business research solutions that helps companies in making better business decisions.artner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises major players in Healthcare, Travel and Tourism, Food Beverages, Power Energy, Information Technology, Telecom Internet, Chemical, Logistics Automotive, Consumer Goods Retail, Building, and Construction, Agriculture. The core team comprises experienced individuals with graduate, postgraduate, and Ph.D. degrees in Finance, Marketing, Human Resource, Bio-Technology, Medicine, Information Technology, Environmental Science, and many more fields.

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