Global Water
Purifier Market Analysis
The
global water purifier market is projected to reach US$ 105.05 billion by 2032,
up from US$ 53.35 billion in 2023, with a compound annual growth rate (CAGR) of
7.82% between 2024 and 2032. The industry has experienced significant growth in
recent years due to increased global awareness of the impact of water quality
on health.
Global
Water Purifier Industry Overview
A
water purifier is a device used to remove impurities and contaminants from
water, making it safe for consumption or other purposes. This process may
involve filtration, sedimentation, distillation, or other methods to purify the
water. Water purifiers are essential in areas where the natural water supply
may be contaminated or unsafe to drink.
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In
global settings, water purifiers are critical in providing clean drinking water
to populations affected by natural disasters, inadequate infrastructure, or
environmental pollution. They are used in homes, businesses, and public
facilities to ensure access to safe and clean water for drinking, cooking, and
sanitation. Additionally, water purifiers are used in industries to meet
specific water purity standards for manufacturing processes and in healthcare
facilities to prevent the spread of waterborne diseases. Overall, water
purifiers significantly impact public health and safety worldwide by providing
access to clean water and reducing the risk of waterborne illnesses.
Growth
Drivers of Water Purifier Market
Rising
Awareness of Water Quality and Health
Increasing
awareness about the importance of clean and safe drinking water significantly drives
the water purifier market. As concerns about waterborne diseases and
contamination grow, consumers are seeking reliable solutions to ensure water
safety. Educational campaigns and media coverage highlighting the risks of
polluted water and the benefits of purified water have heightened public
consciousness. This growing awareness leads to higher demand for water
purifiers, as consumers aim to protect their health and ensure their families
consume safe drinking water. The trend towards healthier living and improved
quality of life further boosts the adoption of water purification systems.
Technological
Advancements in Water Purification
Technological
innovations play a crucial role in driving the water purifier market. Advances
in filtration technologies, such as reverse osmosis, ultraviolet (UV)
purification, and activated carbon filters, enhance the effectiveness and
efficiency of water purifiers. Newer models incorporate features like smart
technology, real-time water quality monitoring, and advanced purification
processes that address a broader range of contaminants. These technological
improvements offer better performance, convenience, and user experience, making
water purifiers more appealing to consumers. As technology continues to evolve,
the introduction of more efficient and user-friendly water purification
solutions drives market growth.
Increasing
Urbanization and Industrialization
The
rapid urbanization and industrialization in emerging economies are significant
growth drivers for the water purifier market. As cities expand and industrial
activities increase, the demand for clean and safe water grows due to higher
pollution levels and contamination risks. Urban areas often face challenges
related to water quality, making water purifiers essential for households and
businesses. Additionally, industrial processes require high-quality water for
operational efficiency, further driving the need for advanced purification
systems. The expansion of infrastructure and increasing population density in
urban areas heightens the demand for effective water purification solutions,
contributing to market growth.
Asia
Water Purifier Market
The
Asia water purifier market is experiencing significant growth due to increasing
concerns about water quality and rising awareness about the importance of clean
drinking water. Factors such as industrialization, urbanization, and population
growth have led to a surge in water pollution, driving the demand for water
purifiers in the region. Additionally, government initiatives to provide clean
drinking water to rural areas are also contributing to market growth.
The
market is witnessing a shift towards advanced water purification technologies
such as RO (reverse osmosis), UV (ultraviolet) purification, and gravity-based
purifiers. Manufacturers are introducing innovative products with features such
as IoT integration for real-time monitoring and filter replacement alerts. This
technological advancement is further propelling market expansion.
Countries
like China, India, and Japan are among the major contributors to the Asia water
purifier market. The increasing disposable income in these countries has
resulted in higher consumer spending on health and wellness products, including
water purifiers.
Furthermore,
the ongoing COVID-19 pandemic has heightened awareness about hygiene and clean
drinking water, driving the sales of water purifiers in residential as well as
commercial sectors. These factors are collectively driving the growth of the
Asia water purifier market.
Water Purifier Company Analysis
Panasonic
Corporation, Honeywell International Inc., AO Smith Corporation, Unilever Plc,
Pentair, Helen of Troy Limited, Koninklijkem Philips N.V., and 3M Corporation
are the leading companies in the water purifier market.
Water Purifier Company News
July 2023- Water purifiers from Hindustan Unilever Limited (HUL)'s Pureit Revito
Series were introduced. The water purifier preserves up to 70% of the water and
adds necessary minerals like calcium and magnesium to the cleaned water. The
filtration system and reverse osmosis membrane (ROM) have been updated,
enabling the ROM to endure
January 2023- The UCL alumnus-founded company Water2 unveiled the Pod, an under-sink
water filter that filters tap water down to 0.1 microns using silver ionization
and activated carbon (one micron is equivalent to a thousandth of a
millimetre). Beyond this size, particles cannot enter drinking water.
November 2022- Waterlogic Group Holding and Culligan
International combined to establish a leader in sustainable and clean drinking
water solutions.
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Technology–
Market breakup in 4 viewpoints:
1. RO Purifier
2. UV Purifier
3. Gravity Purifier
4. Others
Distribution
Channel– Market breakup in 3 viewpoints:
1. Retail
Stores
2. Direct Sales
3. Online
End
User– Market breakup in 2 viewpoints:
1. Commercial
2. Residential
Countries–
Market breakup in 25 viewpoints:
·
North America
o
United States
o
Canada
·
Europe
o
France
o
Germany
o
Italy
o
Spain
o
United Kingdom
o
Belgium
o
Netherland
o
Turkey
·
Asia Pacific
o
China
o
Japan
o
India
o
South Korea
o
Thailand
o
Malaysia
o
Indonesia
o
Australia
o
New Zealand
·
Latin America
o
Brazil
o
Mexico
o
Argentina
·
Middle East & Africa
o
Saudi Arabia
o
UAE
o
South Africa
All
the key players have been covered from 4 Viewpoints:
·
Business Overview
·
Key Persons
·
Recent Development & Strategies
·
Financial Insights
Key
Players Analysis:
1.
Panasonic
Corporation
2.
Honeywell
International Inc.
3.
AO Smith
Corporation
4.
Unilever Plc
5.
Pentair
6.
Helen of Troy
Limited
7.
Koninklijke
Philips N.V
8.
3M
Corporation
Key Questions Answered in This Report:
1.
How big is
the Water Purifier industry?
2.
What is the Water
Purifier industry growth rate?
3.
Who are the
key players in Water Purifier industry?
4.
What are the
factors driving the Water Purifier industry?
5.
Which Region
held the largest market share in the Water Purifier industry?
6.
What segments
are covered in the Water Purifier Market report?
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