Water Purifier Market Research Report: Information Devices [Wall Mounted, Countertop, Tabletop, Faucet-Mounted and Under-The-Sink (UTS)], By Product (RO Water Purifier, UV Water Purifier and Activated Carbon Filters), End-User (Residential and Commercial) and Region - Forecast 2027

ID: VPR/CO/1087 Publishing Year: January 2022 Pages: 112 Format:   


Water Purifier Market Overview:

Unwanted chemicals, biological pollutants, suspended sediments, and gases are removed from the water, making it safe to use or drink. Due to expanded product selection, availability, population growth, which increased pollution of fresh water supplies, and new home/building construction, the water purification business has seen continuous growth over the previous decade. Although the global recession has delayed building, the world's population has grown, making it more difficult for global communities to maintain appropriate access to fresh water.

Water treatment involves industrial-scale techniques to make water suitable for end users, such as drinking or industrial purposes. It is also used to guarantee that toxins are eliminated before waste water is returned to the environment. Water purification, water treatment, and water sanitation are all topics covered . It showcases industry leaders and trends to help you make better decisions.

Key Players:

The growth of the vendors is dependent on market conditions, government support, and industrial development. Thus, the vendors should focus on expanding their presence and improving their services. A. O. Smith, Unilever, EcoWater Systems LLC, Panasonic Corporation, Coway Co., Ltd., KENT RO Systems Ltd., and Livpure Pvt. Ltd. are some of the Key Players operating in the global market.

Market Segmentation:

Technology, distribution channel, mobility, and end user are the segments that make up the worldwide water purifier market. The Water Purifier Industry is divided into three categories based on technology: UV, RO, and gravity. The Water Purifier Market is Segmented into three categories based on distribution channels: retail, direct, and online. It is divided into portable and non-portable categories based on portability. Commercial and residential end users make up the end user category. The market is divided into four regions: North America (the United States, Canada, and Mexico), Europe (Russia, Rest of Europe, and Western Europe), Asia-Pacific (China, Japan, India, South Korea, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa) (Brazil, Middle East, and rest of LAMEA).

Regional Analysis:

During the projected period, the Worldwide Water Purifier Market is expected to remain competitive, with manufacturers offering cost-effective technologies and long-term services. New entrants pose a significant danger, as they invest substantially in research and development to gain access to the global market. The arrival of new firms has created market fragmentation, making it more difficult for established players to compete. A.O. Smith Corporation, Unilever, Coway Co., Ltd., Whirlpool, Eureka Forbes Limited, and TATA are among of the market's major participants.

Players are solidifying their positions in Asia Pacific to establish their bases in the market, since it is the most lucrative region for market growth. Aside from that, offering customised products, expanding the firm through mergers and acquisitions, and improving the distribution network are all important business tactics. Whirlpool Corporation, for example, is extending its distribution and production capabilities in order to broaden its regional reach. Pureit also established its business in India by partnering with community-based water plants.

Covid-19 Impact:

Lockdowns enforced in various nations around the world have had a severe influence on the Global Water Purifier Market in recent months. Since the pandemic's onset in December 2019, these lockdowns have temporarily halted the production of water purifiers. Manufacturing enterprises are encountering challenges as a result of lower product demand and component supply disruptions. In addition, numerous countries have experienced curfew-like situations in which businesses (excluding vital services) have been prohibited from operating, reducing demand for Water Purifiers. A water purifier is a device that removes suspended solids, chemicals, undesired contaminants, and gases from water so that it can be utilised for a specific purpose. Various factors, such as rising awareness of water-borne diseases and technological improvements in water purifiers, are driving the water purifier market. The market for Water Purifiers may be stifled by high equipment and maintenance expenses.

The market is fueled by a number of factors, including increased consumer awareness of the dangers of contaminated surface water, which has resulted in a substantial shift in customer preference toward technology-based Water Purifiers around the world. Market penetration is higher in industrialised countries such as the United States, Canada, and Italy. Large swaths of semi-urban and rural land in developing countries like China and India, on the other hand, remain unexplored. As a result, due to rising microbiological and chemical contamination in surface water sources, household water filtration machines are considered as a need, particularly in metros and metropolitan areas. In terms of revenue, Asia-Pacific leads the Worldwide Water Purifier Market, followed by Europe and North America.

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