Singapore Water Purifier Market to Grow with a CAGR of 11.64% through 2029
The Singapore Water Purifier Market is expanding due to the
introduction of new products and the increased popularity of multi-functional
water purifiers with features such as ice making and multiple stages of
filtration system.
According to TechSci
Research Report, “Singapore Water Purifier Market –By Region,
Competition Forecast & Opportunities, 2019-2029F,” the Singapore Water Purifier Market
is forecast to register an impressive CAGR of 11.64% in the forecast period due
to increasing demand for water purifiers with multi-functional features such as
ice-making feature, five-stage filtration system and four temperatures set-up. The Singapore water purifier market is
driven by several key factors that contribute to its growth and development. o the
increasing awareness and concern among Singaporeans about the quality of tap
water have been a significant driver. Consumers are becoming more educated
about the potential presence of contaminants in tap water and the importance of
consuming safe and clean water for their health and well-being. This awareness
has fueled the demand for water purifiers as a reliable and convenient solution
to ensure the purity of drinking water. The well-regulated water supply
in Singapore, while meeting high safety standards, still contains traces of chemical
disinfectants such as chlorine and sulfate. These chemicals are necessary for
water treatment but can impact the taste and odor of tap water. As a result,
individuals are increasingly turning to water purifiers to address these
concerns and enhance the overall quality of their drinking water. Another factor driving the growth of the
water purifier market in Singapore is the growing consumer preference for
convenience and cost-effectiveness. Bottled water consumption is common in
Singapore, but it can be expensive and environmentally unfriendly. By using
water purifiers at home or in commercial settings, individuals can have a
continuous supply of clean water at a fraction of the cost of purchasing
bottled water. This convenience factor, coupled with the long-term cost
savings, makes water purifiers an attractive option for many consumers. The Singapore water purifier market is
characterized by the presence of both local and international manufacturers and
suppliers. Established brands, as well as emerging players, compete in the market,
offering a diverse range of products with varying features and price points.
However, the key market players offer a wide range of water purification
technologies and products to cater to different consumer needs and preferences.
These include reverse osmosis (RO) systems, ultraviolet (UV) disinfection
units, ion exchange filters, combination of various filtration systems and
more. Each technology addresses specific contaminants and offers unique
advantages in terms of filtration efficiency, maintenance requirements, and enhances
the market growth.
Browse over xx market data Figures spread through xx Pages and an in-depth TOC on "Singapore Water Purifier Market”
The Singapore Water Purifier market is
segmented based on type, end use, sales channel, region and competitive
landscape. Based on type, the Singapore Water Purifier Market is segmented into various types, including counter top, under sink, faucet mount, and others, which include floor-standing models and pitchers. The counter top segment dominates the water purifier market in Singapore. This segment's popularity can be attributed to several factors. Counter top water purifiers are favored for their easy portability, making them a convenient choice for both homeowners and renters. Unlike under sink models, which require professional installation and modifications to kitchen plumbing, counter top purifiers can be set up quickly and with minimal effort. This ease of installation is particularly appealing in Singapore, where many households live in high-rise apartments with limited kitchen space. Counter top water purifiers typically require less maintenance compared to other types. They often use simple filtration systems that do not involve complex components, making filter replacements straightforward and affordable. This low maintenance requirement appeals to consumers who prioritize convenience and reliability. Additionally, counter top models are available in a wide range of price points, from basic to advanced multi-stage systems, making them accessible to a broad consumer base. These factors, combined with their compact design that fits well in urban kitchens, contribute to the dominance of the counter top segment in the Singapore Water Purifier Market.
The market is also segmented based on sales channels, including distributors, multi-branded stores/exclusive stores, online platforms, supermarkets/hypermarkets, and others such as plumbers and direct sales. Among these segments, online sales have seen significant growth in recent years. The rise of e-commerce platforms and the increasing preference for online shopping among consumers are key drivers of this trend. Online platforms offer a convenient shopping experience, allowing consumers to compare different models, read reviews, and make informed purchasing decisions from the comfort of their homes. This is particularly important in a tech-savvy market like Singapore, where consumers are accustomed to leveraging digital platforms for various aspects of their lives. Online retailers often provide detailed product descriptions, installation guides, and customer support, making it easier for consumers to choose the right water purifier for their needs. The availability of online discounts, promotions, and free delivery services further enhances the appeal of purchasing water purifiers online. Additionally, the COVID-19 pandemic accelerated the shift towards online shopping, as consumers sought to minimize in-person interactions and crowded shopping environments. This shift has had a lasting impact, with many consumers continuing to prefer online channels for their purchases even as restrictions have eased.
Key market players in the Singapore
Water Purifier market include:
- Philips Singapore
Pte Ltd.
- Ruhens SG (Home
Hedge Pte Ltd)
- Hydroflux Marketing
Pte Ltd
- Wells Singapore
- Singapore Flc Pte. Ltd.
- Novita Sg Pte Ltd
- Aqua Kent Singapore
- Sterra Tech Pte.
Ltd.
- Panasonic Asia
Pacific Pte., Ltd
- Flo-Tek (Singapore) Pte Ltd
Download Free Sample Report
Customers can also request for 10% free
customization on this report.
“The Singapore water purifier market is
experiencing significant growth due to increasing awareness about water quality,
concerns regarding residual contaminants, and the need for effective
purification solutions. Moreover, the number of smart water purifier launches
in the country is significantly rising as a result of the utilization of
numerous promotional activities to draw in a larger consumer base. For
instance, Wells Singapore's provision of home demo sessions is anticipated to
support the expansion of the water purifier market in Singapore.” said Mr.
Karan Chechi, Research Director of TechSci Research, a research based global
management consulting firm.
“Singapore Water Purifier
Market By Type ((Counter Top, Under Sink, Faucet Mount & Others (Floor
Standing, Pitchers etc.)), By End Use (Residential and Commercial), By Sales
Channel (Distributors, Multi-Branded Stores/Exclusive Stores, Online,
Supermarkets/Hypermarkets, Others (Plumbers & Direct Sales, etc.)), By
Region & Competition, 2019-2029F,” has evaluated the future growth
potential of water purifier market in Singapore and provides statistics and
information on market structure, size, share and future growth. The report is
intended 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 present in Singapore Water Purifier market.
Contact Us-
TechSci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
M: +13322586602
Email: [email protected]
Website: www.techsciresearch.com