Press release
Residential Water Treatment Devices Market Size, Valuable Growth Factors, Business Strategies, Regional Outlook and Future Demand 2031 | Dow Chemical Company, Honeywell International Inc.
Market Overview:Residential water treatment devices include various products that purify water for household consumption such as RO water purifiers, UV water purifiers, gravity-based water purifiers, and others. These devices help remove contaminants including heavy metals, microorganisms, chemicals, and other dissolved solids to provide safe drinking water.
Market Dynamics:
Growing health concerns regarding consumption of contaminated water is expected to drive the growth of the residential water treatment devices market. Contaminated water can cause various waterborne diseases and health issues. According to WHO, around 700 million people in the world do not have access to clean drinking water. Moreover, deteriorating freshwater resources owing to increasing industrialization and urbanization are further fueling the need for household water treatment in residential buildings. The presence of toxins and heavy metals in water sources has also raised concerns regarding long-term effects of contaminated water on health. This is expected to augment the demand for water purifiers and filters for residential use. Additionally, growing awareness about water purifying technologies is also spurring the adoption of residential water treatment devices during the forecast period.
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Residential Water Treatment Devices Market Drivers:
Growing Concerns Regarding Water Pollution and Contamination is major Driver for Residential Water Treatment Devices Market
With growing industrialization and urbanization, pollution levels in water sources like rivers, lakes and underground water reserves have increased drastically over the years. Water pollution due to discharge of toxic chemicals and waste from various industries directly into water bodies has deteriorated the quality of available water. Moreover, over-abstraction and depletion of groundwater reserves have also lowered the quality of underground water in many parts of the world. This has raised major health concerns among individuals regarding consumption of contaminated water. In order to access clean and safe drinking water, many households are opting for point-of-entry and point-of-use water treatment devices that can remove various impurities from water at the residential level. The increased awareness about water pollution is a major growth driver for the residential water treatment devices market.
Increasing Incidences of Waterborne Diseases due to Consumption of Polluted Water is Fueling Demand for Residential Water Treatment Solutions
Consumption of contaminated water leads to various waterborne diseases such as typhoid, cholera, dysentery etc. As per the latest reports of WHO, every year millions of people fall ill and thousands die due to diseases caused by ingestion of polluted water. Developing countries record highest number of disease cases and deaths resulting from water pollution. In order to reduce health risks, people are more inclined towards adoption of residential water treatment solutions. Point-of-entry devices like water filters and water purifiers installed at the main water supply and point-of-use filters mounted on taps efficiently remove bacteria and other microbes from water. Thus, rising incidence of water-related diseases is a major growth driver for the global residential water treatment devices market.
Residential Water Treatment Devices Market Trends:
Point-of-Use Water Filters Gaining Traction over Point-of-Entry Systems
Traditionally, point-of-entry systems including whole house water filters and purifiers placed centrally were popular choices for treating municipal water supplies in households. However, recent trends suggest point-of-use water filters mounted on faucets/taps are gathering steam in the residential water treatment market. The primary advantage of point-of-use filters is their ability to deliver clean drinking water directly from the tap without storage in additional tanks. These filters occupy less space and involve
Worldwide major and leading players within the market are:
★ Dow Chemical Company
★ Honeywell International Inc.
★ Panasonic Corporation
★ LG Electronics Inc.
★ Best Water Technology (BWT Aktiengesellschaft)
★ Danaher Corporation
★ Culligan International
★ Unilever PLC
★ Watts Water Technologies Inc.
★ Calgon Carbon Corporation
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Segmental Overview
Residential Water Treatment Devices Market segmentation offers an in-depth analysis of the various segments of the market, including application, type, end use, and region. The segmentation overview section offers crucial information about the market share, sales, and growth rate for each of the segments over the forecast period. Moreover, an examination of the relative multitude of significant sub-portions in the market has been canvassed in the report.Having a knowledge about the various segments and sub-segments helps businesses recognize the importance of factors that drive industry growth.
The titled segments and sub-section of the Residential Water Treatment Devices market are illuminated below:
Global Residential Water Treatment Devices Market, By Product Type:
★ On the basis of device type, the Residential Water Treatment Devices market is segmented into:
★ Faucet-Mounted Filters
★ Tabletop Pitchers
★ Countertop Units
★ Under the Sink Filters
★ Others
★ On the basis of Technology, Residential Water Treatment Devices market is segmented into:
★ Membrane Filtration
★ Microfiltration
★ Ultrafiltration
★ Nanofiltration
★ Ultraviolet (UV)
★ Reverse Osmosis (RO)
★ Water Softeners
★ Distillation System
★ Shower Filters
★ On the basis of distribution channels, the Residential Water Treatment Devices market segmented into:
★ Supermarkets
★ Hypermarkets
★ Online Channel
★ Specialty Stores
★ Others
Global Residential Water Treatment Devices Market, By Applications:
★ On the basis of application, the Residential Water Treatment Devices market is segmented into:
★ Point of Entry
★ Point of Use
Regional Analysis for Residential Water Treatment Devices Market:
📍 North America (United States, Canada, and Mexico)
📍 Europe (Germany, France, UK, Russia, and Italy)
📍 Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
📍 South America (Brazil, Argentina, Colombia, etc.)
📍 The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
Key Highlights of the Report
Offers a comprehensive and holistic analysis of the Residential Water Treatment Devices Market.
Evaluates the competitive environments, covering partnerships, joint ventures, acquisitions, and organic growth.
Provides forecast information related to every region and sub-region of the Residential Water Treatment Devices market.
Includes information on the key opportunities and challenges faced by key industry players worldwide.
Covers the Residential Water Treatment Devices market's current and future market outlook on industry drivers, market restraints, and regional constraints.
The report answers a number of crucial questions, including:
➥ Which companies dominate the global Residential Water Treatment Devices market?
➥ What current trends will influence the Residential Water Treatment Devices market over the next few years?
➥ What are the market's opportunities, obstacles, and driving forces?
➥ What predictions for the future can help with strategic decision-making?
➥ What advantages does market research offer businesses?
➥ Which particular Residential Water Treatment Devices market segments should industry players focus on in order to take advantage of the most recent technical advancements?
➥ What is the anticipated growth rate for the market economy globally?
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Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
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