Press release
Portable Water Purifiers Market Size, Share and Trends Analysis Report, Forecast 2022-2030
Portable Water Purifiers Market achieved a value of USD 239 Billion by 2030 with a more than 10.1% CAGR.Portable Water Purifiers are usually used by consumers during outdoor activities. The portable water purifier has a unique cutting edge, chemical-free, Space Nano Technology with a cartridge life of up to 600 fills. This help in removing the undesirable chemical, biological contaminants, etc. from the water and make it safe to drink.
Market Dynamics
Noticeable increase in the percentage of consumers opting for outdoor activities such as hiking, trekking, etc., along with a rise in awareness related to water borne diseases due to consumption of outdoor water is resulting in demand for portable water filters this is a major factor expected to drive the growth of global portable water filters market. The rise in health awareness and focus on living healthier lifestyles is the reason to flourish the active and outdoor recreation sectors.
In 2016, 144.4 million Americans, or 48.8% of the US population, participated in an outdoor activity at least once. Outdoor participation grew from 48.4% of the US population in 2015 to 48.8% in 2016. A consumer spending on living a healthier lifestyle is increasing, coupled with outdoor recreation gaining importance this has led to increasing demand for products and accessories in these sectors. Major players along with the advanced technology are focused on the introduction of innovative filters that help consumers in removing undesirable chemicals, biological contaminants, suspended solids, and gases from water.
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Channels in water purifiers
There are four primary kinds of channels utilized in water purifiers: carbon, ceramic, reverse osmosis, and ultraviolet light.
Carbon: Carbon water purifiers utilize actuated or block carbon to eliminate pollutions through compound ingestion. Carbon channels can normally sift through particles somewhere in the range of 0.5 and 50 microns in size. These are the most widely recognized channels found in water purifiers. Carbon water purifiers are typically unsupported units, for example, pitchers or ledge models, despite the fact that there are a few choices that join straightforwardly to the spigot.
Reverse osmosis: Reverse osmosis water purifiers can channel bigger particles and inorganic synthetic substances like substantial metals, salts, and nitrates from your faucet water. These channels are straightforwardly associated with the pipes underneath the sink, so the water is sifted when it rises out of the fixture. Some converse assimilation water purifiers can store a limited quantity of cleaned water for later or crisis use. There is additionally a line that sends any polluted water directly to the channel.
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Ultraviolet light: Some water purifiers utilize ultraviolet (UV) light to sift impurities through of faucet water. These channels can eliminate microscopic organisms, infections, and other disease causing microorganisms and improve the flavor of the water. In any case, UV channels do not eliminate substantial metals, unstable natural mixtures, minerals, salts, and different impurities that carbon and opposite assimilation purifiers can. To be best, UV water purifiers are commonly utilized related to another sort of channel. A UV water purifier is connected straightforwardly to your home's pipes and may require proficient establishment.
Portable Water Purifiers Market Segment Analysis, 2019
The global portable water filters market is segmented into technology, distribution channel, and end use. The technology segment is bifurcated into gravity purifier, UV purifier, and RO purifier. Among technology the gravity purifier segment is expected to witness noticeable revenue share in the global portable water filters market. The distribution channel segment is divided into online and offline. Among distribution channel the online segment is expected to witness faster growth in the target segment. The players profiled in the report are Kent RO limited, GE Corporation, Best Water Technology, Whirlpool Corporation, Brita, SteriPEN, General Ecology Inc., Mechanical Equipment Co., Inc., Blue Spring Corporation, GRAYL, Inc, Vestergaard, Portable Aqua, Aquasana, Inc., and Panasonic.
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Segment Analysis by Region
The market in North America is expected to account for major revenue share in the global portable water filters market due to increasing consumer's interest in outdoor activities. Outdoor participation grew from 48.4% of the US population in 2015 to 48.8% in 2016. This represents an addition of 2 million outdoor participants. The participation rate among males ages 6 to 12 and ages 13 to 17 increased by one percentage point since last year to reach 65%. Participation among males ages 18 to 24 dropped by two percentage points to 54%. Presence of large number of players operating in the country and introduction of innovative solutions is expected to boost the growth of target market in this region. In addition, increasing merger and acquisition activities in order to enhance the business presence and increase the customer base is expected to impact the target market growth.
The market in Asia Pacific is expected to witness faster growth in the target market due to increasing awareness among consumers related to portable filter. In addition, players focus on tracking the untapped market in developing countries is expected to augment the portable water filters regional market growth.
Competitive Landscape
The global portable water purifiers market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
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