New Research on Residential Water Treatment Equipment Market Report Examines Business Opportunity and Worldwide Scope by Forecast 2023 to 2033

The residential water treatment equipment market has witnessed substantial growth in recent years and is expected to continue expanding in the coming years. Residential water treatment equipment includes various products and systems designed to improve the quality of water used for domestic purposes, such as drinking, cooking, bathing, and laundry.

Most of the UV based water purifier equipment segment revenue is expected to be generated from Vietnam and Malaysia. The UV water purifier equipment segment was valued at more than US$ 50 Mn in 2014 and is anticipated to reach a market value of more than US$ 100 Mn by 2026 end. In terms of value, the segment is expected to increase 2.4X between 2016 and 2026.

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One of the primary drivers behind the growth of the residential water treatment equipment market is the increasing awareness about waterborne diseases and the need for safe and clean drinking water. With growing concerns about contaminants, such as bacteria, viruses, heavy metals, chemicals, and pesticides, consumers are seeking effective solutions to ensure the purity and safety of their drinking water. Residential water treatment equipment, including point-of-use filters, reverse osmosis systems, and UV disinfection systems, provide homeowners with the means to remove or reduce these contaminants, improving water quality.

Companies

Eureka Forbes
Kent RO Systems Limited
Panasonic Corp ADR
LG Electronics
HUL (Pureit)
Koninklijke Philips N.V.
Mitsubishi Rayon Cleansui Co. Ltd.
T. Holland (Nazava)
O. Smith
Mazuma Thailand Co. Ltd

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Moreover, the rising urbanization, industrialization, and pollution levels have had a significant impact on the quality of water sources. This has led to an increased demand for residential water treatment equipment in both urban and rural areas, as consumers look for ways to address water quality issues and protect their health. The need for clean water for daily activities and the desire to minimize the risk of waterborne diseases have fueled the market growth.

Additionally, changing lifestyles, increasing disposable incomes, and a focus on overall health and well-being have contributed to the expansion of the residential water treatment equipment market. Consumers are willing to invest in home water treatment systems to ensure access to clean and pure water for their families. The convenience and peace of mind provided by these systems, along with the potential cost savings compared to bottled water, have driven the adoption of residential water treatment equipment.

Furthermore, stringent regulations and guidelines regarding water quality and safety have played a significant role in shaping the residential water treatment equipment market. Governments and regulatory bodies have imposed standards for drinking water quality, leading to increased awareness and demand for effective treatment solutions. Manufacturers in the market are required to meet these standards and develop products that provide reliable and efficient water treatment.

Rising industrialization and rampant use of pesticides translating into poorer water quality, increasing the growth of the UV water purifier segment

Due to large scale industrialization and rampant use of pesticides, the quality of naturally available water in South East Asia is deteriorating. Various water bodies that provide water for drinking to many thousands of local inhabitants are showing unacceptable levels of potentially toxic substances.

These pollutants originate from a variety of sources, including local industries and wastewater disposal. Deteriorating water conditions in the region and lack of confidence on municipality supplied water or absence of the same is creating the need for purification of water, further fueling the demand for UV water purifiers.

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Market segmentation

By Equipment Type        

Purification Equipment
Reverse Osmosis
UV
Gravity/Media
Filtration Equipment
Faucet Filters
Others

By Countries     

Indonesia
Vietnam
Malaysia
Singapore
Thailand
Philippines
Rest of South East Asia

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This release was published on openPR.