Global Water Purifiers Market to Grow at Over 10% CAGR till 2028
Increasing industrialization, rapid urbanization,
deteriorating water quality, rising scarcity of freshwater resources to drive
global water purifiers market through 2028
According to TechSci Research report, “Global Water Purifiers Market
By Technology, By End User, By Region, Competition, Forecast &
Opportunities, 2014 – 2028”, global water purifiers market is projected to
grow at a CAGR of 10.74% during 2019-2028, on account of rising number of water
borne diseases, untreated waste discharge into
water bodies and growing demand for efficient water
purification technologies. Due to increasing level of water pollution, water
purifiers have become the primary necessity for customers in developing
economies. Countries such as China and India have high water pollution level, which
is increasing the demand for water purifiers. According
to the UN World Water Development Report 2019, 80% of the wastewater generated
across the globe is released to the environment without treatment.
Browse 5 market data Tables and 71 Figures
spread through 196 Pages and an in-depth TOC on "Global Water Purifiers Market"
https://www.techsciresearch.com/report/water-purifiers-market/4025.html
Membrane based water purification technology captured a
dominating share in global water purifiers market in 2018 and is anticipated to
lead the market through 2028, on the grounds of efficient
removal of bacteria, viruses, suspended solids, proteins and starch as well as low
energy requirements. The second largest share was held by media technology in 2018,
followed by UV technology; however, their shares are expected to decline during
the forecast period due to inefficient removal of impurities. Asia-Pacific water purifiers market is
expected to register fastest growth during forecast period. among end user
segment, residential water purifiers segment holds the major share in global
water purifiers market.
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“Expanding
industrial sector, increasing disposable income, growing awareness pertaining
to substandard quality of water, and escalating demand for efficient water
purification technologies are likely to propel the global water purifiers
market in coming years. Additionally, rising levels of water pollution and
implementation of rigorous marketing strategies by the companies are further expected
to fuel the market. Moreover, increasing consumer base in Asia-Pacific is expected
to help in achieving double-digit growth in the market.”, said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Global
Water Purifiers Market By Technology,
By End User, By Region, Competition, Forecast & Opportunities, 2014 – 2028” has evaluated the future
growth potential of global water purifiers market and provides statistics and information
on market size, structure and future market growth. 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 global water purifiers market.
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