Global Water Purifiers Market is Fueled by RO Technology During the Forecast Period
The global water purifiers market
is witnessing significant growth, driven by factors such as the increasing
awareness of water pollution, stringent regulations, the emergence of smart
purifiers, and demand for portable solutions.
According
to the TechSci Research report, “Global Water Purifiers Market– Global Industry
Size, Share, Trends, Competition, Opportunity, and Forecast, 2018-2028F”, The
global water purifiers market has been experiencing substantial growth in
recent years, driven by increasing awareness about the importance of clean and
safe drinking water.
One of
the key factors contributing to the growth of the water purifiers market is the
rising concern for health and safety. People are becoming more conscious of the
potential contaminants present in tap water, such as bacteria, viruses, heavy
metals, chemicals, and microplastics. As a result, there is a growing demand
for water purifiers that can effectively remove these impurities and provide
safe drinking water.
The
urbanization and infrastructure challenges in many regions have also
contributed to the growth of the water purifiers market. Rapid urbanization has
put a strain on existing water infrastructure, leading to compromised water
quality. Industrial activities, environmental pollution, and aging
infrastructure can all contribute to the presence of contaminants in tap water.
As a result, residential consumers in urban areas rely on water purifiers to
address these challenges and ensure the quality and safety of their drinking
water.
The
convenience and accessibility offered by water purifiers are additional drivers
for the market's growth. Water purifiers eliminate the need to purchase bottled
water regularly, saving costs and reducing plastic waste. With the installation
of water purifiers, households have access to purified water directly from taps
or dispensers, providing a continuous supply of clean water.
Changing
lifestyles and increasing affordability have also played a role in the market's
expansion. As disposable incomes rise and people become more health-conscious,
investing in water purifiers has become more affordable and desirable.
Consumers are willing to spend on products that improve their quality of life
and contribute to their overall well-being.
In
conclusion, the global water purifiers market is experiencing substantial
growth, driven by various factors such as health and safety concerns,
urbanization and infrastructure challenges, convenience and accessibility,
changing lifestyles, and the increasing popularity of online shopping. As the
demand for clean and safe drinking water continues to rise, the market is
expected to expand further in the coming years.
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The global
water purifiers market is segmented based on technology, application, sales
channel, and region.
Based on
technology, the market is segmented into RO, UF, nanofiltration, and others (activated
carbon, sediment, etc.). Among these, RO technology has a significant share of
the market during the forecast period. RO technology is widely recognized for
its effectiveness in removing various contaminants from water, including
dissolved solids, heavy metals, bacteria, and viruses. It provides a
comprehensive filtration process, ensuring clean and safe drinking water. The growing
awareness about waterborne diseases and the need for clean drinking water have
boosted the demand for RO water purifiers. Consumers are increasingly adopting
RO technology to ensure the purity of their drinking water.
Based on
application, the market is segmented into residential, commercial, and industrial.
The residential sector plays a significant role in fueling the global water
purifiers market. Consumers in residential households prioritize the health and
safety of their families and understand the importance of access to clean and
pure drinking water. They are increasingly investing in water purifiers to
ensure that their households have a constant supply of safe and purified water
for drinking, cooking, and other domestic purposes.
Based on
distribution channel, the market is segmented into retail, direct, and e-commerce.
The online segment of the water purifiers market has seen significant growth in
recent years. The increasing popularity of e-commerce platforms and the
convenience of online shopping have made it easier for consumers to browse and
purchase water purifiers. Online platforms provide a wide range of options,
allowing consumers to compare products, read reviews, and make informed
decisions.
Key market players operating in the
global water purifiers market include:
- Kent Ro System Ltd
- Coway Company Ltd.
- Panasonic Corporation
- LG Electronics Inc.
- Eureka Forbes Limited
- Amway Corporation
- BWT Holding GmBH
- A. O. Smith Corporation
- Brita GmBH
- Culligan International Company
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“Factors
such as increasing awareness about waterborne diseases, rising disposable
income, and government initiatives are driving the demand for water purifiers
in the world. The Asia Pacific region, in particular, plays a crucial role in
fueling this growth due to rapid urbanization, population growth, and water
challenges. Key players in the market include both domestic and international
brands, with online distribution channels also playing a vital role in
expanding market reach.” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based global management consulting firm.
“Global Water Purifiers Market–
Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F, Segmented By Technology (RO, UF,
Nanofiltration, Others (Activated Carbon, Sediment, etc.)), By Application
(Residential, Commercial, Industrial), By Sales Channel (Retail, Direct,
E-Commerce), By Region, By Competition Forecast & Opportunities, 2018-2028F, has evaluated the
future growth potential of global water purifiers market globally and provides
statistics and information on market structure, size, share, and future growth.
The report provides cutting-edge market intelligence and helps decision-makers
to make sound investment decisions. Besides, the report also identifies the
emerging trends along with essential drivers, challenges, and opportunities
present in the market of global water purifiers globally.
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