Vietnam Water Purifiers Market to Witness CAGR of 12.4% during 2016-2021
Deteriorating water quality,
increasing discretionary spending coupled with growing health concerns to fuel
demand for water purifiers in Vietnam through 2021
According to TechSci Research report, “Vietnam Water
Purifiers Market By Technology, By Sales Channel, Competition
Forecast & Opportunities, 2011-2021”, the Vietnam market for water
purifiers is anticipated to grow at a CAGR of 12.4% during 2016-2021 on account
of deteriorating water quality and increasing consumer awareness about health
risks posed by the presence of dissolved solids and other harmful contaminants
including viruses and bacteria in drinking water. Over the next five years, growing
urban population coupled with rising per capita income is expected to result in
augmented demand for water purifiers across the country. Further, rising
adoption of advanced water purification technologies is forecast to steer the
Vietnam water purifiers market through 2021. On the back of increased water
pollution, major demand for water purifiers in Vietnam emanates from the cities
of Hanoi and Ho Minh Chi in
North and South Vietnam, respectively.
Browse 9
market data Tables and 34 Figures spread through 100
Pages and an in-depth TOC on "Vietnam Water Purifiers Market "
https://www.techsciresearch.com/report/vietnam-water-purifier-market-by-technology-membrane-media-and-uv-by-sales-channel-direct-and-indirect-competition-forecast-opportunities-2011-2021/712.html
On the basis of
technology, market for water purifiers is categorized into three segments, namely,
membrane based, media based and UV based, with membrane based water purifiers market
accounting for the largest share in Vietnam water purifiers sales in 2015, due
to their ability to significantly reduce the content of total dissolved impurities
in drinking water. Over last five years, the market for combination water
purifier systems, which utilize more than one purification technology, has
exhibited strong growth across the country owing to high efficiency of these water
purifiers to provide clean & safe consumable water. The Vietnam water purifiers market is highly competitive with presence
of various domestic as well as global players such as Kangaroo, Karofi Vietnam,
Sunhouse, and A.O. Smith. Few other leading water purifier manufacturing companies
operating in Vietnam include 3M Purification, Best Water Technology, Myota
Vietnam, etc.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=712
Customers can
also request for 10% free customization on this report.
“Membrane
based water purifiers are exhibiting strong demand growth on account of their
higher efficiency to reduce arsenic content from drinking water. Membrane based
water purifiers, particularly RO (Reverse Osmosis) based, are highly efficient due
to small pore size of the membranes, which enables the purifying unit to remove
smallest of the impurities from drinking water. Though the market for membrane
based water purifiers is import driven in Vietnam due to lack of raw material
availability, demand for membrane based water purifiers in the country is
expected to remain strong through 2021.”, said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Vietnam Water Purifiers Market By Technology, By
Sales Channel, Competition Forecast & Opportunities, 2011-2021” has evaluated the future
growth potential of Vietnam water purifiers market and provides statistics and
information on market structure, consumer behavior and trends. The report
intends to provide cutting-edge market intelligence and help decision makers take
sound investment evaluation. Besides, the report also identifies and analyzes
emerging trends along with essential drivers, challenges and opportunities in
the Vietnam water purifiers market.
About TechSci Research
TechSci Research
is a leading global market research firm publishing premium
market research reports. Serving 700 global clients with more than 600
premium market research studies, TechSci Research is serving clients across 11
different industrial verticals. TechSci Research specializes in research based
consulting assignments in high growth and emerging markets, leading
technologies and niche applications. Our workforce of more than 100 fulltime
Analysts and Consultants employing innovative research solutions and tracking
global and country specific high growth markets helps TechSci clients to lead
rather than follow market trends.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]