Middle East Residential Water Treatment Devices Market expanding at a CAGR of 6.8% throughout the forecast period.
Total population of Middle East & Africa stood at approximately 346 million in 2015 and is expected to grow at the rate of 2% per annum. The Middle East & Africa is also witnessing mass migration of people to urban centers, thereby leading to increased demand for water purifiers in these centers. Economies of North Africa, on the other hand, have also been registering healthy growth rates over the last few years, which in turn is expected to fuel growth of the residential water treatment devices market in the overall MEA region. Due to large scale industrialization, quality of water in the GCC and Levant countries has deteriorated during the recent years. Water availability in these regions is estimated to be merely 1,200 m3/person/year, which is substantially lower than the global average of 7,000 m3/person/year. These factors are also prompting urban masses in Middle East countries to opt for water purifiers. Furthermore, the GCC region is witnessing entry of globally established water purifier brands, which has resulted into increased competition in the market. Increased competition, in turn, ensures marginal decline in prices of residential water treatment devices in the retail market in these regions. However, price decline has been largely reported on the reverse osmosis-based water purification devices only, the sales of which have witnessed an upsurge in recent years.
Around 44% of the Middle East & Africa population lives in rural area and is not aware about the necessity and techniques to purify and filter water. Penetrating these markets may be a challenging task for the concerned market participants as most of the vendors would have to begin by creating awareness regarding water purifier and filters and the importance of these products. Combination water purification system employs two different treatment technologies in one system. Players such as AquaPro and Kent have started offering RO+UV-based combination water purifiers in the GCC and Levant countries.
Geography-wise, Kingdom of Saudi Arabia dominated the GCC residential water treatment devices market in terms of value in 2014, accounting for more than one-third value share of the GCC residential water treatment devices market. On the other hand, Turkey dominated the Levant residential water treatment devices market in 2014, accounting for more than 40% value share of the overall market in the region. Furthermore, Kingdom of Saudi Arabia is foreseen to expand at a relatively high CAGR during the forecast period and is expected to maintain its revenue share dominance till 2025 end. The governments in the Levant and GCC regions are investing and opening up to Foreign Direct Investments (FDIs) and promoting industrialization, which has been leading to an increase in the per capita income of the residing population in countries such as Kingdom of Saudi Arabia and the UAE. Countries such as the UAE, Qatar, Egypt and Jordan are expected to register significant Y-o-Y growth during the forecast period. Besides, these countries are projected to bestow more focus on their non-oil and manufacturing sectors in the coming years, which in turn is expected to encourage the water purifier and water filter manufacturers in these countries to go in for domestic production and enhance sales. Countries such as Bahrain, Iraq, Palestine and Syria are currently witnessing moderate growth in demand for residential water treatment devices, and the trend is expected to continue during the forecast period as well.
On the basis of filtration devices, the filtration faucet segment dominated the Middle East residential water treatment devices market in 2014 in terms of revenue, and is foreseen to expand at a significant CAGR during the forecast period. In terms of volume, the water tap faucet segment dominated the Middle East residential water treatment devices market in 2014, accounting for more than half volume share of the overall market.
On the basis of purification devices, the reverse osmosis segment dominated the Middle East residential water treatment devices market in 2014 in terms of revenue, and is foreseen to expand at a relatively high CAGR during the forecast period. In terms of volume, the gravity segment purification devices dominated the Middle East residential water treatment devices market in 2014, accounting for more than 40% volume share of the overall market.
Get Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-eu-1299
Key market players covered in the report include KENT RO Systems Ltd., Eureka Forbes, Britannic Water Treatment Company W.L.L., Panasonic Corporation, LG Electronics, Pure It LLC, Waterlife, Coolpex Pure Water System, Ultra Tec Water Treatment LLC and AQUA PRO UAE. Most players in the market are engaged in various activities, such as mergers and acquisitions, increasing investments in technological and product developments, geographical expansion and brand building via strong marketing strategies, in order to sustain their position in the competitive market.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Middle East Residential Water Treatment Devices Market expanding at a CAGR of 6.8% throughout the forecast period. here
News-ID: 1610702 • Views: 161
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring
More Releases for Water
Bailley Drinking Water – Healthy Water – Safe Water
-Although water covers 70% area of Earth and it is the most necessary element for the survival, yet it is not available in abundance for drinking. Thus, Bailley turns out to be supplying high quality drinking water across India since its launch in 1993. Bailley packaged water is bottled in 52 state-of-the-art plants across India. Targeting various category of consumers & occasions, Bailey Water Bottle is satisfying their needs. There
Global Mobile Water Treatment Systems Market Forecast 2018-2025 GE Water, Evoqua …
Recently added detailed market study "Global Mobile Water Treatment Systems Market" examines the performance of the Mobile Water Treatment Systems market 2018. It encloses an in-depth Research of the Mobile Water Treatment Systems market state and the competitive landscape globally. This report analyzes the potential of Mobile Water Treatment Systems market in the present and the future prospects from various angles in detail. The Global Mobile Water Treatment Systems Market 2018
Global Water Treatment Aerators Market 2018 -GE Water, Tonka Water, RWL Water, L …
Apex Market Reports, recently published a detailed market research study focused on the “Water Treatment Aerators Market” across the global, regional and country level. The report provides 360° analysis of “Water Treatment Aerators Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Water
Water Treatment Equipment Market
Water Treatment Equipment refers to the equipment used in the industrial water treatment. It includes Pre-treatment non-membrane, Pre-treatment membrane, ultrapure water, AD/EDI systems polishing, Inorganic WW treatment, Organic WW treatment, etc. The scope of the Report: This report focuses on the Water Treatment Equipment in the United States market, to split the market based on manufacturers, states, type and application. Sample Report Request: https://www.reportsandmarkets.com/sample-request/united-states-water-treatment-equipment-market-to-2022-1622845 Market Segment by Type, covers Pre-treatment non-membrane, Pre-treatment membrane, Ultrapure
Packaged Water in Russia
ReportsWorldwide has announced the addition of a new report title Packaged Water in Russia to its growing collection of premium market research reports. Packaged Water in Russia industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource
Packaged Water in Brazil
ReportsWorldwide has announced the addition of a new report title Packaged Water in Brazil to its growing collection of premium market research reports. Packaged Water in Brazil industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Synopsis: Essential resource