Press release
Water Purifier Market is expected to grow at a CAGR of 10.1 % from 2024 to 2030, as per Maximize Market Research
The Global Water Purifier Market size was valued at USD 40.03 Billion in 2023 and the total Water Purifier Market revenue is expected to grow at a CAGR of 10.1 % from 2024 to 2030, reaching nearly USD 78.51 Billion.Water Purifier Market Overview
The water filter industry is experiencing a major shift as connected water filters become more popular, demonstrating a notable advancement in smart home technology. These filters, which come with Internet of Things (IoT) functionality, are revolutionizing water purification by offering constant information to application platforms. In addition to checking water quality, they provide information about daily water usage, demonstrating the possibility of full integration into city environments.
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Asia Pacific dominates the Water Purifier Market
It is anticipated that the Asia Pacific region will lead the water purifier market throughout the forecast period. During 2021, the global market for water purifiers showed varied trade patterns, with China being the top exporter at $1.36 billion, followed by Germany with $667 million, South Korea with $626 million, Italy with $440 million, and Israel with $165 million. On the other hand, the United States led in imports with a value of $456 million, followed by Malaysia ($194 million), Russia ($188 million), Saudi Arabia ($164 million), and Vietnam ($139 million).
Recent News
29/9/2024 A new water purification device offers a cost-effective solution for hydroponic farming, supporting more sustainable food production.
15/7/2024 Hindustan Unilever to sell water purification business to AO Smith India
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Water Purifier Market Segmentation
by Technology
UV
RO
Gravity Based
by End-User
Commercial
Residential
by Portability
Portable
Non Portable
by Distribution Channel
Retail Stores
Direct Sales
Online
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Water Purifier Market Key Players
1. Kent RO Systems Ltd India
2. Eureka Forbes Ltd India
3. Panasonic Corporation Japan
4. A. O. Smith Corporation USA
5. 3M Company USA
6. LG Electronics Inc. South Korea
7. Honeywell International Inc. USA
8. Whirlpool Corporation USA
9. Coway Co., Ltd. South Korea
10. Aquasana Inc.USA
11. Blue Star Limited India
12. Pentair plc United Kingdom
13. Brita GmbH Germany
14. Tata Chemicals Limited India
15. Pureit (Hindustan Unilever Limited) India
Key questions answered in the Water Purifier Market are:
What are the growth drivers for the Water Purifier Market?
What is the major restraint for the Water Purifier Market growth?
Which Region is expected to lead the global Water Purifier Market during the forecast period?
What is the projected Europe Water Purifier Market size & growth rate of the
Water Purifier Market?
𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/water-purifier-market/220750/
Key Offerings:
Past Water Purifier Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Water Purifier Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Water Purifier 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
Competitive landscape - Water Purifier Market Leaders, Market Followers, Regional player
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 global market research and consulting company that provides businesses with insights to foster their growth and competitive advantage. The company specializes in delivering actionable and data-driven research reports tailored to help organizations make informed decisions. With a team of experienced analysts and consultants, Maximize Market Research offers expertise across multiple industries, including healthcare, technology, manufacturing, consumer goods, and more.
Their services cover market sizing, forecasting, competitive analysis, and customer insights, helping clients to address their strategic needs and identify emerging trends. The company emphasizes client success, offering detailed analysis and recommendations that support business transformation and operational excellence.
Maximize Market Research also provides custom research services, allowing businesses to get solutions specific to their market challenges. With a strong global presence, the company serves clients from various sectors, ensuring they stay ahead in a rapidly evolving market landscape.
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