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Point-of-Use Water Treatment Systems Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence
As per the study initiated by Evolve Business Intelligence, the global Point-of-Use Water Treatment Systems Market size accounted for USD 20.94 billion in 2022, growing at a CAGR of 8.8% from 2023 to 2033.The point-of-use water treatment systems market involves the production and distribution of compact and localized water purification devices designed for residential and commercial use. These systems, such as under-sink filters and countertop purifiers, are installed at the point where water is consumed. The market has seen growth due to increasing concerns about water quality, contamination, and the desire for convenient and on-demand access to clean drinking water. Key drivers include the emphasis on health and safety, regulatory standards, and technological advancements in water treatment. Major players in the market include manufacturers and suppliers of point-of-use water treatment devices catering to diverse consumer needs.Request/Download PDF Sample: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=021440
The point-of-use water treatment systems market is driven by a growing demand for localized and convenient solutions to ensure clean drinking water in residential and commercial settings. Increasing concerns about water quality, contamination, and a focus on health and safety contribute to the market's growth. Key factors include compliance with regulatory standards and ongoing technological advancements in water treatment methods.
Key Players
Some of the major Point-of-Use Water Treatment Systems Market players holding high market shares include A. O. Smith Corporation (U.S.),Brita LP (U.S.),Pentair PLC (U.S) and Culligan International Company (U.S.). These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders. Some of the other major market players include Unilever PLC (U.K.), Panasonic Corporation (Japan), LG Electronics (South Korea), Helen of Troy Limited (U.S.), Best Water Technology Group (Austria), Kent RO Systems Ltd. (India), Coway Co. Ltd. (South Korea), Katadyn Group (Switzerland), Eureka Forbes Ltd. (India), Global Water Solutions Ltd. (U.S.) and General Ecology Inc. (U.S.).
Report Description: https://report.evolvebi.com/index.php/sample/request?referer=OpenPR&reportCode=021440
Segmental Analysis
Based on product type, the Point-of-Use Water Treatment Systems market is segmented into countertop filters, under the counter filters, faucet-mounted filters, pitcher filters, and others.The market's largest and fastest-growing segment is countertop filters. These countertop units are straightforward to install, have minimal space requirements, and don't require complex plumbing connections to function. They also provide high-grade water.
Based on category, the Point-of-Use Water Treatment Systems market is segmented into RO filters, UV filters, gravity filters, and others.Among them, the RO filters category held the most market revenue share in 2021. With the use of sophisticated membrane filtering technology, RO systems can remove 99 percent of impurities from water and provide water with a quality comparable to that of bottled water.
Based on Application, the Point-of-Use Water Treatment Systems market is segmented into non-residential or light commercial and residential.The residential application sector was the largest in 2021 and is expected to stay that way for the duration of the prediction. Compared to light business buildings, residential structures use a lot more water.
Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune's global 2000 companies.
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