Press release
Gravity-Based Water Purifier Market to Worth US$ 5.4 Billion by 2028 | With a 5.6% CAGR
Gravity-Based Water Purifier Market
The global gravity-based water purifier market size reached US$ 3.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.6% during 2023-2028.
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Gravity-based water purifiers are a simple yet effective solution for water purification. They operate without electricity, using the natural force of gravity to filter water through a purification element. These purifiers are characterized by their ease of use and maintenance, affordability, and portability. The primary mechanism involves water passing through one or more filtration layers, which may include activated carbon and ultrafiltration membranes, effectively removing impurities, bacteria, and viruses. The advantages of these systems lie in their cost-effectiveness, energy efficiency, and suitability for areas with limited access to electricity.
Market Trends:
The global market is primarily driven by increasing awareness of waterborne diseases and the importance of clean drinking water. Alongside this, the lack of consistent electricity supply in many regions emphasizes the need for non-electric purification solutions. Additionally, the growing demand for cost-effective and low-maintenance water purifiers is a significant contributor to market growth. The market is further stimulated by the rising popularity of portable and user-friendly purifiers among consumers in urban and semi-urban areas.
Moreover, the expanding distribution networks and easy availability of these purifiers through online and offline channels are accelerating their adoption. The market also benefits from the growing inclination towards environmentally sustainable products, with gravity-based purifiers requiring no electrical energy. Furthermore, innovative product designs and the introduction of purifiers with enhanced purification capabilities cater to the changing consumer preferences, thereby driving market growth.
Explore Full Report with Table of Contents: https://www.imarcgroup.com/gravity-based-water-purifier-market
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
• Aquafine
• Aquatech
• Eureka Forbes
• GE Appliances
• HUL
• Kent RO Systems
• LG
• Livpure
• Panasonic
• Philips
Gravity-Based Water Purifier Market Segmentation:
Our report has categorized the market based on region, product type, end-use and distribution channel.
Breakup by Product Type:
• Individual Water Purifiers
• Community Water Purifiers
Breakup by End-Use:
• Residential
• Commercial
• Others
Breakup by Distribution Channel:
• Direct Sale
• Company Outlets
• Online
• Others
Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
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https://www.imarcgroup.com/report/ar/biologics-market
Contact US:
IMARC Group
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About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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