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Global Water-Ionizer Market Expected to Witness a Sustainable Growth over 2023
A water-ionizer (also known as an alkaline ionizer) is a home appliance which can raise the pH of drinking water by using electrolysis to separate the incoming water stream into acidic and alkaline components.
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Global Water-Ionizer Market: Forecast by Type / Application / Region
At present, in developed countries, the Water-Ionizer industry is generally at a more advanced level. The world's large enterprises are mainly concentrated in South Korea and Japan. These two countries have testing and certifications in place to ensure the safety and reliability of water ionizers. Both South Korea and Japan certify water ionizers as medical devices through the Korean Food and Drug Administration - KDFA or MFDS and Japanese Administration of Health -MHLW.
The industry is not high concentration. There are hundreds of brands in this industry. Though the industry is highly competitive, it is becoming easier for small online sellers to enter the market unburdened with physical locations, employees and support personnel which can force larger traditional Water-Ionizer resellers to reduce selling prices. Companies must be aware of their competitive surroundings within their market. Being aware of competitor’s strategy can prevent a lag in reaction to a change within the market. This especially true in the Water-Ionizer Industry because of its rapid expansion in the Asian Market. It is important for USA brand owner to monitor the Asian Market closely and follow any new technologies they may develop or else they may find themselves not able to produce at the speed and with the quality needed.
Over the next five years, LPI(LP Information) projects that Water-Ionizer will register a 5.2% CAGR in terms of revenue, reach US$ 2360 million by 2023, from US$ 1830 million in 2017.
Global Water-Ionizer Market: Key Players
Enagic
AlkaViva (IonWays)
Life Ionizers
VWA Water (Tyent)
Alkalux
Chanson Water
KYK
Fujiiryoki
Panasonic
Vollara
Evontis
Alka Fresh
Air Water Life
PurePro
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Related Information:
United States Water-Ionizer Market Research Report 2018
Europe Water-Ionizer Market Research Report 2018
North America Water-Ionizer Market Research Report 2018
Asia-Pacific Water-Ionizer Market Research Report 2018
China Water-Ionizer Market Research Report 2018
EMEA Water-Ionizer Market Research Report 2018
Global Water-Ionizer Market Research Report 2018
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