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Point Of Entry Water Treatment Systems Market Size, Share, Trends, Growth, Analysis And Forecast To 2033
Point Of Entry Water Treatment Systems Market Size
As per the report, the point of entry water treatment systems market size has grown strongly in recent years. It will grow from $9.08 billion in 2023 to $9.79 billion in 2024 at a compound annual growth rate (CAGR) of 7.8%. The point of entry water treatment systems market size is expected to see strong growth in the next few years. It will grow to $13.37 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%.
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Growing Treated Water Consumption Boosts Point Of Entry Water Treatment Market
An increase in the consumption of treated water is expected to propel the growth of the point of entry water treatment systems market going forward. Treated water refers to a technique that enhances the quality of water to make it suitable for a particular end-use, such as drinking, irrigation, industrial, and water recreation use. Consumption of treated water offers advantages such as pathogen and bacteria-free water, a better quality of water in terms of taste and smell, removal of toxic metals, and reduced dependency on plastic bottles. Due to the advantages of treated water, its consumption is increasing, which drives the demand for point-of-entry water treatment systems. For instance, in May 2022, according to the International Bottled Water Association, a US-based trade association, Americans consumed 15.7 billion gallons of bottled water in 2021, up 4.7% from the previous year. That means, on average, each American drank 47 gallons of bottled water in 2021, a 3.9% increase over the previous year.. Therefore, an increase in the consumption of treated water is driving the demand for the point of entry water treatment systems market.
Technological Advancements Drive Point Of Entry Water Treatment Systems Market
Technological advancements are the key trend gaining significant popularity in the point of entry water treatment systems market. Major market players are concentrating their efforts on implementing new technology and innovations in water filtration systems to strengthen their market position. For instance, in October 2021, Unilever plc, a UK-based consumer goods company, launched Pureit, a water purification system featuring reverse osmosis technology. It provides filtered water up to 7,000 Liters before a filter change is needed. The system combines anti-scaling agents, reverse osmosis, and carbon filters to create cleaner, fresher water. Compact and tankless, the Pureit 5 Series Reverse Osmosis Water Purifier has received the Water Quality Association (WQA) Gold Seal certification.
The point of entry water treatment systems market covered in this report is segmented -
1) By Device: Faucet-Mounted Filters, Table-Top Pitchers, Countertop Units, Under-The-Sink Filters, Other Devices
2) By Technology: Reverse Osmosis System, Distillation Systems, Disinfection Methods, Ultrafiltration Systems, Water Softeners, Other Technologies
3) By Application: Residential, Commercial
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Major companies operating in the point of entry water treatment systems market report are 3M Company, Honeywell International Inc., General Electric Company, Best Water Technology AG, Calgon Carbon Corporation, Pentair plc, Dow Inc., Danaher Corporation, Watts Water Technologies Inc., Culligan International Company, Acuva Technologies Inc., Canature Environmental Products Co. Ltd., DuPont Inc., Aquasana Inc., EcoWater Systems LLC, Kinetico Incorporated, RainSoft Water Conditioning Company, Water-Right Inc., WaterBoss Inc., Aquion Inc., Aquatech International Corporation, Bluewater Group AB, Enpress LLC, Evoqua Water Technologies LLC, Hellenbrand Inc., Hydranautics, Kemira Oyj, Kurita Water Industries Ltd., Marlo Incorporated, Enviro Water Solutions Inc.
Contents of the report:
1. Executive Summary
2. Point Of Entry Water Treatment Systems Market Report Structure
3. Point Of Entry Water Treatment Systems Market Trends And Strategies
4. Point Of Entry Water Treatment Systems Market - Macro Economic Scenario
5. Point Of Entry Water Treatment Systems Market Size And Growth
…..
27. Point Of Entry Water Treatment Systems Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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