Residential Water Purifiers Market to Grow with a CAGR of 13.43% through 2029

Increasing awareness about water-borne diseases, degrading water quality and improving standard of living is projected to drive the growth of residential water purifiers in the forecasted period

According to TechSci Research report, “Residential Water Purifier Market - Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F”, the global residential water purifier market stood at USD 26.56 Billion in 2023 and is anticipated to grow with a CAGR of 13.43%  through 2029.  The market growth can be attributed to the factors like surging demand for clean, pure, and hygienic water for drinking purpose. The global residential water purifier market is expected to grow over the next five years as prevalence of water-borne diseases is increasing. Disease such as cholera, diarrhea, typhoid, dysentery, and hepatitis A cause severe health issues. Additionally, it is anticipated that a growing population would drive the demand for water purifiers more over the course of the next five years, supporting the expansion of the worldwide residential water purifier market. The population being worried about drinking potable water, growing incidence of infectious diseases and rising health awareness support market expansion. The demand for water purifiers is growing, especially in emerging countries like Vietnam, Indonesia, and India. These nations have poor water quality supply that can pose health risks. Technological advancement, consistent research for innovative product development and increased manufacturing of water purifiers further aids the growth of the global residential water purifiers market in the forecast years through 2029. In some countries, governments are investing in improving the quality of municipal water supplies, which could reduce the need for residential water purifiers. For instance, in developed regions like North America and Europe, where tap water is generally considered safe to drink, the demand for residential water purifiers is relatively lower. This is also true for urban areas in emerging markets where governments have undertaken projects to upgrade water treatment facilities and ensure the delivery of clean water to households. Technological advancements in alternative water purification methods, such as portable water purifiers, water purification tablets, and public water purification systems, also pose a challenge to the residential water purifier market. These alternatives are often more affordable and accessible, especially in emergency situations or in regions where installing a residential water purifier is not feasible. Additionally, the growing trend of public water refill stations in urban areas, particularly in environmentally conscious regions, reduces the reliance on home water purifiers.

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The global residential water purifier market is segmented into technology, sales channel, region, and company. 

Based on technology, the market is further divided based on technology into RO, media, UV, UF, and additional categories like nanofiltration, etc. Among the various technologies available, UV (Ultraviolet) technology is emerging as the fastest-growing segment in the market. The rapid adoption of UV water purifiers is primarily attributed to their effectiveness in eliminating bacteria, viruses, and other pathogens from drinking water. Unlike traditional methods like boiling, UV purification is a non-chemical process that does not alter the taste, odor, or pH level of the water, making it a preferred choice for consumers who prioritize maintaining water quality. As water contamination issues persist globally, especially in developing regions where waterborne diseases are prevalent, the demand for reliable and efficient purification methods like UV technology is rising. Technological advancements have played a crucial role in propelling the UV water purifier market forward. Modern UV purifiers are now equipped with features such as real-time monitoring, energy efficiency, and longer lifespan of UV lamps. These innovations enhance the convenience and effectiveness of UV purifiers, catering to the needs of a tech-savvy and health-conscious consumer base. The shift in consumer preferences towards eco-friendly and sustainable solutions is also contributing to the growth of UV technology in water purification. Unlike Reverse Osmosis (RO) systems, which often result in significant water wastage, UV purifiers offer an environmentally friendly alternative by disinfecting water without producing any waste. This aspect resonates well with the growing environmental awareness among consumers, further driving the adoption of UV purifiers.

Major companies operating in the global residential water purifier market are:

• Midea Group Co. Ltd.
• Coway Co. Ltd.
• Brita GmbH
• A.O. Smith Corporation
• Eureka Forbes Limited
• Culligan International Company
• BWT Holding GmbH
• Unilever PLC
• Panasonic Corporation
• Kent R O Systems Limited

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“Due to increased demand for the product from developing nations like India, Vietnam, China, Indonesia, etc., the Asia Pacific region is predicted to hold the greatest revenue shares of the market and control it in the ensuing five years. Water-borne illnesses, consumers consciousness for clean drinking water and innovative water purification devices. Water supply is contaminating in nations like Vietnam and Indonesia. The infrastructure and pipeline system needed for a reliable water supply in these countries is difficult and a source of concern. Despite the growing demand for water purifiers, a factor supporting the expansion of the worldwide residential water purifiers market in the anticipated years would be the rising demand for purified water due to concerns over the spread of infectious diseases. As they increase investments, identify innovative products, and build their brands in the market, new market participants may concentrate on these factors”, said Mr. Karan Chechi, Research Director of TechSci Research, a research based global management consulting firm.

“Residential Water Purifier Market - Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2028 Segmented By Technology (RO, Media, UV, UF, others (nanofiltration, etc.)), By Sales Channel (Indirect and Direct), By Region & Competition, 2019-2029F", has evaluated the future growth potential of global residential water purifiers 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 global residential water purifiers market.

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