Global Water Purifier Market is Driven by the Rising Need for Safe and Clean Drinking Water, Along with Favorable Technological Advancements Through 2030F

The growing awareness of water-borne diseases caused by contaminated and polluted water has significantly increased the demand for water purifiers to provide clean and safe drinking water across the globe. This demand is aided by technological developments, such as ultrafiltration (UF), reverse osmosis (RO), ultraviolet (UV), and nanofiltration (NF), in water purification methods as customers look for the best-suited option to lead a healthy life.

 

According to Markets & Data Research report, “Global Water Purifier Market - By Region, Forecast and Opportunities, 2016-2030F”, the market was valued at USD 34.41 billion in 2022 and is expected to register a CAGR of 11.82% during the forecast period.

 

People all over the globe understand the need for and importance of having clean drinking water and the best solution to having easy access to it is using a water purifier at home. Increasing pollution, led by population expansion and rapid urbanization, are raising concerns about water contamination and water quality, thus emphasizing the significance of advanced water filtration technologies. Since water purifiers are designed to remove impurities and contaminants from water sources, over the decade water purifiers have become an essential component in homes, workplaces, educational institutes and across industries all over the world.

 

The market is also driven by technological advancements, growing awareness of waterborne diseases, and favorable government initiatives and programs sensitizing people about the benefits of consuming clean water. In line with this, the advent of smart water purifiers fitted with multi-stage purification system that monitor water usage in real-time and collect and store data are creating a positive outlook for the market growth.

 

Asia and Africa are the 2 developing regions which have the most untapped potential for various brands operating in the global water purifier market due to huge population, freshwater scarcity, growing disposable incomes, and expanding middle-class base. Water purifiers are essential in many manufacturing facilities like textile, electronics, pharmaceuticals, and especially in the food and beverage industry. Commercial and industrial applications of water purifiers further drives the market.

 

Spread through 434 pages, the "Global Water Purifier Market" report includes an in-depth TOC, over 130 market data figures, the latest market developments, key drivers and opportunities, and a thorough study of major company profiles. Moreover, the report offers strategic recommendations, pricing analysis, market share analysis, and value chain analysis in detail.

 

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Key Takeaways:

Continuous innovations in water purification technologies have led to more efficient and effective water purifiers.
The market offers a diverse range of water purifier products, including RO purifiers, UV purifiers, gravity-based purifiers and more.
Rising urbanization & industrialization and change in consumer lifestyle have forced urban consumers to invest in water purifiers to ensure safe drinking water.
Developing economies with water quality challenges, such as India, China and South Africa, represent significant growth opportunities for the water purifier market.

 

The Global Water Purifier Market is Segmented in the Following Categories: 

By Technology: Reverse Osmosis (RO), Ultraviolet (UV), Ultrafilters (UF), Hybrid, Others

By Type: Point of Use (Under the Counter, Wall Mounted, Faucet Mounted, Others), Point of Entry

By Application: Residential, Commercial and Industrial (Workplaces, Educational Institutes, Medical Facilities, Manufacturing Facilities, Others)

By Distribution Channel: Direct Sales, Retail Stores, Online, Others

By Region: North America, Europe, South America, Asia-Pacific, Middle East and Africa

 

For the coming decade, Asia-pacific and Middle East & African regions are likely to dominate the global water purifier market. India and China have been drivers of growth in the global water purifier market in the past and are likely to dominate the market for years to come. Rapid urbanization, industrialization, and water quality challenges have led to increasing demand for water purification solutions. In the same way, water scarcity and quality issues are prevalent in middle eastern and African regions. The need for safe drinking water has led to a growing market for water purifiers. However, in MENA (Middle East & North Africa), income is another factor that needs to be considered. Middle Eastern countries like UAE, Israel, Saudi Arabia, Kuwait and others have high disposable, whereas Egypt, Libya, Jordan and others have less disposable income.

 

The importance of having access to clean, safe water cannot be overstated for the well-being of both individuals and society. Water users must rely on additional sources of clean water and companies are required to put innovative treatment methods into use. Modern filtration techniques like reverse osmosis (RO), ultrafiltration (UF), nanofiltration (NF), and ultraviolet (UV) are being used in the worldwide water purifier industry. These methods were particularly efficient at removing pollutants, bacteria, viruses and other impurities, allowing for higher purity levels of water. Technologies like the Internet of Things (IoT) have entered the  global water purifier market and smart water purifiers are becoming popular among consumers.

 

Major Companies Operating in the Global Water Purifier Market Include:

1.  Unilever Plc

2.  DuPont de Nemours, Inc

3.  A. O. Smith Corporation

4.  Kent RO Systems Ltd.

5.  Eureka Forbes Ltd

6.  Panasonic Corporation

7.  Culligan International Company

8.  3M Company

9.  LG Corporation

10. Winter Industrial Water Treatment

 

A method for disinfecting water with small electric shocks has been devised by Georgia Institute of Technology researchers that uses less energy, is cost-effective, and has minimum adverse effect on the environment. The technology might run on batteries or even be connected to the electrical grid.

 

“Global Water Purifier Market Assessment, 2016-2030F”, evaluates the future growth potential of the global 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 to take investment decisions for their organizations more strategically. Moreover, the report also identifies and examines the emerging trends along with key drivers, challenges, and opportunities in the global water purifier market.

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