United States Water Purifier Market to Grow at a 4.63% CAGR through 2027
United
States water purifier market is anticipated to grow with rising disposable
income in the forecast period, 2023-2027F.
According to TechSci report on, “United States Water Purifier Market - By Region,
Competition Forecast & Opportunities, 2027” United States water purifier market value was
USD2583.82 million in the year 2021 and is expected to further grow at 4.63%
CAGR during the forecast years, 2023-2027, to reach the market value of
USD3398.49 million by 2027F. The growth of the United States water purifier
market in these upcoming five years can be attributed to factors like growing
demand for technologically advanced kitchen appliances. Higher standards of
living, modern households, and growing demand for purified drinking water
further encompass the growth of the United States water purifier market in the
next five years. Other major drivers of the United States water purifier market
include factors such as rising disposable income among the population, rising
concerns regarding health, and high awareness toward water-borne diseases.
Rising instances of communicable diseases, infectious pathogens, and
water-borne diseases raise serious concerns. As a motive to bring hygienic and
highly purified water for consumption, the US government has already
implemented various measures. According to the Environment Protection Agency,
90% of the public water is free of contaminants and is fit for consumption.
Although highly health-conscious population, immigrant population, and personal
health-challenged patients that require 100% pure water opt for installing
specific water purifiers at home, and thus support the growth of the United
States water purifier market in the next five years.
Green America motion, and surge in demand for
ecological and economical appliances with lesser power consumption, high
technological advancements, and nutrient supplying systems are also in demand
and substantiating the growth of the United States water purifier market in the
forecast years through 2027.
Browse over 28 market data figures and 1
table spread through 81 Pages and an in-depth TOC on "United States
Water Purifier Market"
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The United States water purifier market is
segmented by type, technology, sales channel, regional distribution, and
competitive landscape. Based on type, the market is further segmented into
counter-top, under sink, faucet mount, and others like tankless, smart
purifier, etc. Faucet mount water purifiers are anticipated to hold the largest
revenue shares of the market and dominate the market segment in the upcoming
five years on account of higher preferences of the common population toward tap
water. Higher standards of water quality of the public water system actively
influence the consumer choice for the faucet mount water purifiers. Moreover,
installation of the faucet mount water purifiers is simpler and more affordable
and thus gaining steady growth in the future years. Under sink and counter-top
water purifiers are gaining high popularity and may register a higher
cumulative average growth rate and might present as a better opportunity for
the new market entrants to introduce the advanced forms of the products.
By technology, the market is fragmented into RO,
UF, UV, Media, and others like nanofiltration, etc. Reverse Osmosis (RO)
technology is the dominating segment and is also anticipated to register the
highest CAGR with the largest revenue shares of the market in the upcoming five
years on the grounds of growing demands for water purifications. With higher
standards of water quality, RO technology is quite feasible and apt technology
for the water purification demands in the country. The contaminant in the
United States water is majorly due to increasing pollution. RO systems are
highly efficient in removing pollutants such as pathogens, dissolved salts from
water, industrial waste, etc. Therefore, satisfying the consumer demands and
are thus preferred over other technologies and substantiate the United States
water purifier market growth in the next five years. Based on sales channel,
the market is segmented into retail, distributor, direct, e-commerce, and
others like plumber, contractor, etc. The market is also studied by region,
distributed among the South region, West region, Mid-West region, and
North-East region.
A partial list of major market players in the
United States water purifier market includes
·
Helen of Troy Limited
·
The Clorox Company
·
Pentair PLC
·
A.O. Smith Corporation
·
Culligan International Company
·
Crystal Quest
·
Purepro USA Corp
·
3M Purification Inc.
·
Apex Water Filter Inc.
·
Instapure Brands, Inc.
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“Water purifiers market in the United States has
potential due to rising concerns regarding water-borne diseases. Due to COVID-19,
the population became highly alert regarding hygiene and consumption of
purified water, thereby boosting the sales of the water purifiers in recent
years. With the relaxation from the complete lockdown, the market is bound to
grow in the future five years. New market players may focus on strategizing
their product line and new launches to establish themselves in the market,”
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“United
States Water Purifier Market By Type (Counter-Top, Under Sink, Faucet Mount
& Others {Tankless, Smart Purifier, etc.}), By Technology (RO, UF, UV,
Media & Others {Nanofiltration, etc.}), By Sales Channel (Retail,
Distributor, Direct, E-Commerce, Others {Plumber, Contractor, etc.}), By
Region, Competition Forecast & Opportunities, 2027F” has evaluated the future growth potential of United
States 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 the United
States water purifier market.
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