China POU Water Purifier Market to Surpass USD 11922.32 Million by 2025
Rising water contamination,
increasing investment in residential sector and launch of innovative water
purification systems to propel demand for water purifiers in China
According
to TechSci Research report, “China POU Water Purifier Market
By Type (Counter Top, Under Sink, Faucet Mount & Others), By Technology
(RO, UF, UV, Media, and NF), By Sales Channel (General Trade and Modern Trade),
By Region, Competition, Forecast & Opportunities, 2025”, China POU water
purifier market was valued USD 6263.58 Million in 2019 and is forecast to reach
USD 11922.32 Million by 2025, growing at a CAGR of 11.61%. Robust economic
growth in China can be attributed to rapid industrialization in the country.
However, rapid industrialization in China has resulted in increased levels of
water contamination in the country. An increasing number of consumers in the
country have been installing POU water purifiers on account of rising supply
water contamination. Additionally, with rising urbanization & increasing
disposable income in the country, sales of POU water purifiers in the country
are witnessing a significant growth. Urbanization rate in China is projected to
reach 60% by 2020, thereby further driving demand for POU water purifiers
across the country.
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China POU water purifiers market can be segregated based on type, technology, sales channel
and region. In 2019, RO technology accounted for the largest
share in China due to its property of effectively removing impurities, germs
and dissolved salts from water. Additionally, the TDS levels in China are high,
which makes end users to procure RO water purifiers as they give better results
as compared to other available technologies.
Some of the major players operating in China POU Water Purifiers market
are 3M China Ltd., Foshan Shunde Midea Water Dispenser Manufacture Company
Limited, Shenzhen Angel Drinking Water Industrial Group Corporation (ANGEL), A.
O. Smith (Nanjing) Water Treatment Products Co., Ltd., Beijing Originwater
Technology Co. Ltd., Paragon Water System, Canature Environmental Products Co.,
Ltd., Shenzhen Litree Purifying Technology Co., Ltd., Ozner Water Purification,
Qinyuan Group Co., Ltd., among others. Increasing number of health problems
caused due to contaminated water is impacting consumer choice and driving
demand for POU water purifiers in China. This is creating opportunities for
manufacturers to increase their penetration in China POU water purifiers
market. Leading companies such as Midea, Qinyuan and Angel Group dominate China
POU water purifiers market. Moreover, numerous opportunities in China POU water
purifiers market are further anticipated to push small and micro players to
enter the market.
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“Eastern & Northern
regions contributes to more than half of demand in China POU water purifier
market and the eastern region is expected to continue dominating the country’s
POU water purifier market during the forecast period.The demand for POU water
purifiers is going to dominate the market due to rising population and
increasing concern about water borne diseases in the Eastern region provinces
such as Shanghai, Jiangsu, Shandong, Jiangxi, etc. The decreasing water quality
in the provinces such as Tianjin, Shanxi and Hebei in the Northern region of
the country is also going to augment demand for POU water purifiers in China in
the coming years.,” said
Mr. Karan Chechi, Research Director with TechSci Research, a research-based China
POU management consulting firm.
“China POU Water Purifier Market By Type
(Counter Top, Under Sink, Faucet Mount & Others), By Technology (RO, UF, UV,
Media, and NF), By Sales Channel (General Trade and Modern Trade), By Region,
Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of water
purifier market and provides statistics & 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 decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in China POU water purifier market.
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