Press release
China POU Water Purifier Market to Surpass USD 11922.32 Million by 2025
According to TechSci Research report, “China POU Water Purifier Market By Type (Counter Top, Under Sink, Faucet Mount & Others), By Technology (RO, UF, UV, Media, and NF), By Sales Channel (General Trade and Modern Trade), By Region, Competition, Forecast & Opportunities, 2025”, China POU water purifier market was valued USD 6263.58 Million in 2019 and is forecast to reach USD 11922.32 Million by 2025, growing at a CAGR of 11.61%. Robust economic growth in China can be attributed to rapid industrialization in the country. However, rapid industrialization in China has resulted in increased levels of water contamination in the country. An increasing number of consumers in the country have been installing POU water purifiers on account of rising supply water contamination. Additionally, with rising urbanization & increasing disposable income in the country, sales of POU water purifiers in the country are witnessing a significant growth. Urbanization rate in China is projected to reach 60% by 2020, thereby further driving demand for POU water purifiers across the country.
Browse 27 Figures and 2 Tables spread through 77 Pages and an in-depth TOC on"China POU Water Purifier market "
https://www.techsciresearch.com/report/china-pou-water-purifier-market/7216.html
China POU water purifiers market can be segregated based on type, technology, sales channel and region. In 2019, RO technology accounted for the largest share in China due to its property of effectively removing impurities, germs and dissolved salts from water. Additionally, the TDS levels in China are high, which makes end users to procure RO water purifiers as they give better results as compared to other available technologies.
Some of the major players operating in China POU Water Purifiers market are 3M China Ltd., Foshan Shunde Midea Water Dispenser Manufacture Company Limited, Shenzhen Angel Drinking Water Industrial Group Corporation (ANGEL), A. O. Smith (Nanjing) Water Treatment Products Co., Ltd., Beijing Originwater Technology Co. Ltd., Paragon Water System, Canature Environmental Products Co., Ltd., Shenzhen Litree Purifying Technology Co., Ltd., Ozner Water Purification, Qinyuan Group Co., Ltd., among others. Increasing number of health problems caused due to contaminated water is impacting consumer choice and driving demand for POU water purifiers in China. This is creating opportunities for manufacturers to increase their penetration in China POU water purifiers market.
Leading companies such as Midea, Qinyuan and Angel Group dominate China POU water purifiers market. Moreover, numerous opportunities in China POU water purifiers market are further anticipated to push small and micro players to enter the market.
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“Eastern & Northern regions contributes to more than half of demand in China POU water purifier market and the eastern region is expected to continue dominating the country’s POU water purifier market during the forecast period.The demand for POU water purifiers is going to dominate the market due to rising population and increasing concern about water borne diseases in the Eastern region provinces such as Shanghai, Jiangsu, Shandong, Jiangxi, etc. The decreasing water quality in the provinces such as Tianjin, Shanxi and Hebei in the Northern region of the country is also going to augment demand for POU water purifiers in China in the coming years.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based China POU management consulting firm.
“China POU Water Purifier Market By Type (Counter Top, Under Sink, Faucet Mount & Others), By Technology (RO, UF, UV, Media, and NF), By Sales Channel (General Trade and Modern Trade), By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of 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 take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in China POU water purifier market.
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About TechSci Research
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