Press release
India Water Purifier Market Current Demand Analysis, Size, Opportunities, Company Profile, Developments and Outlook 2029
India Water Purifier Market to Surge at 17.3% CAGR, Expected to Hit $3731.63 Mn by 2029India Water Purifier Market Overview:
The India Water Purifier Market is poised for substantial growth, with a projected compound annual growth rate (CAGR) of 17.3% over the forecast period, aiming to reach an impressive US$ 3731.63 million by 2029. This robust growth is driven by several factors including rising awareness of waterborne diseases, increasing disposable incomes, and the urgent need for clean drinking water.
Key Drivers and Restraints:
Waterborne diseases such as cholera, typhoid, diarrhoea, and viral hepatitis have claimed over 10,738 lives in the past five years in India, underscoring the dire need for effective water purification systems. The contamination of water bodies and depletion of freshwater resources have made water purifiers an essential commodity.
Moreover, increased awareness about drinking water safety, coupled with higher disposable incomes, is propelling market growth. However, the rising demand for packaged drinking water presents a challenge, as it hampers the growth of water purifier adoption. Additionally, the market faces challenges due to the under-penetration in certain areas, stemming from a lack of awareness about health and sanitation, and the misconception that boiling water is sufficient for making it safe to consume.
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India Water Purifier Market Report Scope and Research Methodology:
The Market report delivers a comprehensive qualitative and quantitative analysis, covering market size, share by region and segmentations, pricing analysis, demand-supply gap analysis, and detailed competitive landscape, along with PESTLE and PORTER analysis which provides detailed market dynamics. It includes detailed information on mergers and acquisitions, investment, and expansion plans by key competitors, providing a thorough understanding of the market's current state and future projections. The report's segment analysis highlights the potential of different market segments, offering investors valuable insights into the industry's future. It examines factors expected to impact the market both positively and negatively, ensuring a balanced perspective.
For the competitive analysis, the report profiles market leaders, followers, and new entrants in the industry, detailing their strategies, revenue, partnerships, and joint ventures. This offers a clear view of the competitive landscape. Both top-down and bottom-up approaches were employed to estimate the market size. Secondary research is extensively used to gather the information. Industry reports, government databases, corporate filings, academic research, and online databases, are some of the major secondary sources used in the India Water Purifier market study. This secondary data was then validated through primary research, to enhance the credibility and robustness of the findings. The comprehensive nature of this report provides stakeholders with essential insights into market dynamics and future trends.
India Water Purifier Market Regional Insights:
Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.
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India Water Purifier Market Segmentation:
By Technology:
• Gravity Purifier
• UV Purifier
• RO Purifier
By End User:
• Commercial
• Residential
According to Application, a CAGR of 17% is anticipated for the residential category. The size of the Indian water purifier market is anticipated to be significantly influenced by the rise in the country's residential population's need for portable, reasonably priced water. The need for residential segment growth is being driven by growing awareness of the existence of dangerous pollutants and pathogens in the water supplied to households and other sectors.
India Water Purifier Market Key Players:
• Eureka Forbes Ltd
• Kent RO Systems Limited
• Hindustan Unilever Limited
• Tata Chemicals Limited
• Livpure Pvt. Ltd.
• Panasonic India Pvt. Ltd.
• LG Electronics India Pvt. Ltd.
• Blue Star Limited
• Ion Exchange India Ltd.
• Okaya Power Pvt Ltd.
• Arow Technologies
• Aquapot
• MGR Technologies
• Tata Chemicals Limited
• Hi-Tech Sweet Water Technologies Private Limited
• LG Electronics India Private Limited
• Pureit
• AO Smith
• Ion Exchange (India) Limited
Conclusion:
The India Water Purifier Market is set for significant expansion, driven by technological advancements and increasing awareness about waterborne diseases. The report serves as a comprehensive guide for investors and industry leaders, providing clear insights into market dynamics, competitive analysis, and strategic recommendations for future growth.
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Table of Content: India Water Purifier Market:
• The Big Picture: Market size, overview, and key points.
• Our Focus: Specific areas, timeframe, and scope we'll explore.
• Market Players: Who are the big businesses and up-and-comers?
• Market Size: How much money is flowing in this market?
• Market Breakdown: Different types of products/services and their segments.
• Competition Check: How easy (or tough) is it to compete in this market?
• Who's Buying?: Understanding the customer base and their needs.
• Global Market: How does this market differ around the world?
• Decision Time: Making informed choices in this market.
• Market Shifts: What's driving changes in the market?
• Future Look: Emerging trends that will shape the market.
• The Sellers: Who are the major companies selling in this market?
• Competition Analysis: Strengths and weaknesses of the key players.
Key questions answered in the India Water Purifier Market are:
• What is India Water Purifier?
• What was the India Water Purifier market size in 2023?
• What is the growth rate of the India Water Purifier Market?
• Which are the factors expected to drive the India Water Purifier market growth?
• What are the different segments of the India Water Purifier Market?
• What growth strategies are the players considering to increase their presence in India Water Purifier?
• What are the upcoming industry applications and trends for the India Water Purifier Market?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the India Water Purifier Market?
• What is the demand pattern of the India Water Purifier Market?
• What major challenges could the India Water Purifier Market face in the future?
• What segments are covered in the India Water Purifier Market?
• Who are the leading companies and what are their product portfolios in the India Water Purifier Market?
• What segments are covered in the India Water Purifier Market?
• Who are the key players in the India Water Purifier market?
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size & Forecast by Different Segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation - A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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About Maximize Market Research:
Maximize Market Research is a premier global market research and consulting firm. Specializing in delivering actionable insights across various industries, we provide comprehensive reports, custom solutions, and consulting services. With advanced research methodologies and a team of experienced analysts, we empower clients to make informed decisions and achieve sustainable growth. Whether you're a multinational corporation or a start-up, MMR is your trusted partner for navigating market dynamics and maximizing opportunities.
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