Water Purifiers Market Is Likely To See Massive Surge In Demand And Growth In The Forecast Period 2022-2031
According to The Business Research Company's water purifiers market report, the market is expected to grow from $27,785.2 million in 2020 to $30,254.2 million in 2021 at a compound annual growth rate (CAGR) of 8.9%. The market is expected to grow at a CAGR of 9.0% from 2020 to reach $42,656.9 million in 2025. The global water purifiers market is expected to reach $64,133.3 million in 2030, at a CAGR of 8.5%.
Increasing health awareness, technological advancements in water purifiers, economic growth in emerging markets, rise in disposable income, growing population, growing urbanization and government initiatives for pure water will drive the market for water purifiers.
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The water purifiers market is segmented -
• By Technology Type: Respiratory RO Water Purifier, UV Water Purifier, Gravity-Based Water Purifier
• By End-User: Industrial, Commercial, Household
• By Distribution Channel: Retail Stores, Direct Sales, Online
• By Portability: Portable, Non-Portable
• By Device Type: Wall Mounted, Countertop And Tabletop, Faucet-Mounted, Under-The-Sink
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia Pacific was the largest region in the Water purifiers market.
Major competitors in the water purifiers market include LG Electronics Inc, Panasonic Corporation, Pentair PLC, DuPont, Coway Co., Ltd.
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The water purifiers market consists of sales of water purifiers by entities (organizations, sole traders and partnerships) that produce water purifiers. Water purifiers are the devices used to purify water from biological contaminants, toxins, harmful chemicals & gases, and other impurities such as solid particles so that it can be safe for drinking. The water purifiers have filters which clear out the calcium and magnesium which is present in the hard water and convert it to soft water for drinking.
The Table Of Content For The Water Purifiers Market Include:
1. Water Purifiers Market Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
20. Global Water Purifiers Market Competitive Landscape
21. Key Mergers And Acquisitions In The Water Purifiers Market
22. Water Purifiers Market Opportunities And Strategies
23. Water Purifiers Market, Conclusions And Recommendations
The Business Research Company's "Global Water Purifiers Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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