Press release
Water Softening Systems Market to Reach $5.79 Billion by 2028, Driven by Rising Agricultural Activities
Water Softening Systems Market Report
The water softening systems market size is expected to see strong growth in the next few years. It will grow to $5.79 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to water softening as a service, industrial applications, customization and scalability, consumer education and awareness, water recycling and reuse, market expansion in developing regions. Major trends in the forecast period include smart technology integration, sustainable solutions, health-centric solutions, consumer education and awareness, customization and scalability.
Market Overview -
Water softening systems refer to a whole-house filtration system that uses the ion exchange process to remove the calcium and magnesium minerals that contribute to water hardness.
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Water-Softening Systems Market Flourishes Amidst Surging Agricultural Activities
Rising agricultural activities are expected to propel the growth of the water-softening systems market going forward. Agricultural activities refer to the harvesting, milking, breeding, keeping, and producing of agricultural products, as well as raising animals for use in farming. Water-softening systems help reduce the water's surface tension and are used to supply nutrients, support water and minerals, speed up plant growth, and boost overall yields by allowing water to be easily absorbed by the plant. For instance, according to the Ministry of Agriculture and Farmers Welfare, an India-based Government ministry, Wheat production is estimated to reach 112.18 million tonnes during 2022-23, which is 4.12 % higher than 107.74 million tonnes recorded during 2021-22. Therefore, rising agricultural activities are driving the growth of the water softening systems market.
Competitive Landscape -
Major companies operating in the water softening systems market report are EcoWater Systems LLC, Kinetico Incorporated, Hydroflux Pty Ltd., Envicare Technologies Pvt. Ltd., Wychwood Water Systems Ltd., Harvey Water Softeners Ltd., Pelican Water Systems, BWT AG, Marlo Incorporated, Monarch Water Ltd., Watts Water Technologies Inc., Feedwater Limited, Qingdao Haier Co. Ltd., Culligan International Company, Water-Right Inc., Canature Environmental Products Co. Ltd., A.O. Smith Corporation, 3M Company, General Electric Company, Whirlpool Corporation, COWAY Co. Ltd., LG Electronics Inc., Panasonic Corporation, Samsung Electronics Co. Ltd., Unilever N.V., Procter & Gamble Co., Kao Corporation, Colgate-Palmolive Company, Henkel AG & Co. KGaA, Reckitt Benckiser Group plc, Clorox Company, Ecolab Inc., Dow Chemical Company, BASF SE, Solvay SA, Akzo Nobel N.V.
Xylem Inc. Redefines Water Treatment With Xylem Edge Control In The Water Softening Systems Market
Technological advancements have emerged as a key trend gaining popularity in the water softening systems market. Major companies operating in the water softening systems market are focused on innovating new technologies to sustain their position in the market. For instance, in January 2021, Xylem Inc., a US-based provider of water technology, launched Xylem Edge Control, a new smart wastewater treatment solution. It is a new suite of innovative digital technologies that helps wastewater utilities swiftly and inexpensively reduce a sizable amount of these pollutants. With the help of Edge Control's ready-to-use digital solutions, operators of conventional activated sludge (CAS) plants can better manage and monitor their assets, increase nutrient removal, use less energy, and cut expenses.
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Key Segments -
The water softening systems market covered in this report is segmented -
1) By Type: Twin Cylinder, Mono Cylinder, Multi-Cylinder
2) By Softener Type: Salt-Based Ion Exchange Softener, Salt-Free Water Softener
3) By Operation: Electric, Non-Electric
4) By Application: Residential, Commercial, Industrial
5) By Distribution Channel: Specialty Stores, Hypermarkets/Supermarkets, Online Stores
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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