Press release
Water Purifier Market will grow substantially by 2027, Globally | Industry Overview by Top Players - Amway Corporation, A. O. Smith Corporation (Aquasana Inc.), Best Water Technology, Eureka Forbes Limited, Halo Source Inc.
Water Purifier Market
The Global Water Purifier Market is expected to grow at a significant rate by 2027.
Market Overview
The water purifier is mainly used to eradicate water borne-pathogens, bacteria, viruses, and other impurities such as lead, mercury, and other pollutants from water. The eradication of different bacteria species such as giardia and cryptosporidium reduces the risk of gastrointestinal diseases by 33%. The removal of chlorine and its by-products from water reduces the risk of rectal and bladder cancer. The water purifier reduces the threat of different water-borne diseases such as Typhoid, Cholera, Giardia, Dysentery, Hepatitis A, and Salmonella. Furthermore, drinking clean water enhances the metabolic system, improves skin health, helps weight reduction, and boosts the overall immune system of the body. The increase in waterborne diseases all over the world is anticipated to boost market growth. Moreover, the rising industrialization, dumping of chemicals, sewage, and wastes in water bodies is further increasing the demand of water purifier in the market. Also, the rising awareness regarding the benefits of drinking purified water, and rising disposable income are driving the market growth.
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Global Water Purifier Market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.
By Technology, the market is primarily bifurcated into
• UV
• RO
• Gravity Based
The RO sub-segment dominated the Global Water Purifier Market in 2020 and is expected to grow at a noteworthy CAGR by the year 2027.
By Distribution Channel, the market is primarily segmented into
• Retail Sales
• Direct Sales
• Online
Amongst Distribution Channel, the Retail Sales accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.
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By Portability, the market is primarily segmented into
• Portable
• Non-portable
Amongst Portability, the Non-portable accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.
By End-user, the market is primarily segmented into
• Commercial
• Residential
Amongst End-user, the Residential accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the forecast period 2021-2027.
Water Purifier Market Geographical Segmentation Includes:
• North America (United States, Canada, Rest of North America)
• Europe (Germany, United Kingdom, France, Spain, and Rest of Europe)
• Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
• Rest of the World
North America is dominating the Water Purifier Market in 2020 and is anticipated to maintain its dominance during the forecast period.
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The major players targeting the market includes
• Amway Corporation
• A. O. Smith Corporation (Aquasana Inc.)
• Best Water Technology
• Eureka Forbes Limited
• Halo Source Inc.
• Kent Ro System Ltd.
• LG Electronics
• Panasonic Corporation
• Suez Water Technologies & Solutions (SUEZ)
• Tata Chemicals Ltd.
Competitive Landscape
The degree of competition among prominent global companies has been elaborated by analyzing several leading key players operating worldwide. The specialist team of research analysts sheds light on various traits such as global market competition, market share, most recent industry advancements, innovative product launches, partnerships, mergers, or acquisitions by leading companies in the Water Purifier Market. The major players have been analyzed by using research methodologies for getting insight views on global competition.
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Key questions resolved through this analytical market research report include:
• What are the latest trends, new patterns, and technological advancements in the Water Purifier Market?
• Which factors are influencing the Water Purifier Market over the forecast period?
• What are the global challenges, threats, and risks in the Water Purifier Market?
• Which factors are propelling and restraining the Water Purifier Market?
• What are the demanding global regions of the Water Purifier Market?
• What will be the global market size in the upcoming years?
• What are the crucial market acquisition strategies and policies applied by global companies?
We understand the requirement of different businesses, regions, and countries, we offer customized reports as per your requirements of business nature and geography. Please let us know If you have any custom needs.
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UnivDatos Market Insights (UMI)
Email: sales@univdatos.com
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Ph: +91 7838604911
About Us:
UnivDatos Market Insights (UMI), is a passionate market research firm and a subsidiary of Universal Data Solutions. Rigorous secondary and primary research on the market is our USP, hence information presented in our reports is based on facts and realistic assumptions. We have worked with 200+ global clients, including some of the fortune 500 companies. Our clientele praises us for quality of insights, In-depth analysis, custom research abilities and detailed market segmentation.
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