Water Softening Systems Market Size, Growth, Sales Value at a CAGR of 5.7% from 2022 to 2031

Major determinants of the market growth

Rise in investments in water treatment plants and surge in environmental concerns among consumers along with increase in water treatment rules and regulation have boosted the growth of global water softening systems market. In addition, developments in water treatment technology and awareness regarding sustainability are expected to open new opportunities.

As per the report, the global water softening systems industry was pegged at $2.6 billion in 2021, and is expected to reach $4.6 billion by 2031, growing at a CAGR of 5.7% from 2022 to 2031. Toxins, bacteria, chemicals, toxic fumes, hard water, and suspended solids are removed from water using a water softener. They lower the concentration of particulate matter in water and lessen the risk of contracting waterborne infections, making the water suitable for both residential and non-residential use. Increase in supplies of drinkable water and increase in urbanization and industrialization fuel the global need for these purifiers.

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In terms of region, Europe has accounted major water softening systems market share in 2021. This is attributed to high demand for salt-based ion exchange softeners and salt-free water softeners across many countries. However, Asia-Pacific is expected to increase with high CAGR during the forecast period. This is attributed to increase in R&D investments in developing countries and rise in government investments in automation and smart solutions must be implemented on a large scale to bring energy efficiency, accelerate automation, reduce costs, and create a comfortable occupant experience in residential buildings.

Furthermore, water softening systems have greater efficiency of water treatment then other systems, resulting in increased demand for these systems. This is expected to boost demand for water softening systems in Asia-Pacific in the water softening systems market forecast.

The salt-based ion exchanged softeners segment registered highest revenue in 2021, owing to wide application in healthcare, construction, and logistics, and is expected to increase with highest CAGR, owing to surge in adoption for residential and non-residential purposes.

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The twin cylinder segment dominated the market

By type, the twin cylinder segment held the largest share in 2021, contributing to more than three-fifths of the global water softening systems market. In addition, the segment is projected to manifest the highest CAGR of 5.9% during the forecast period, owing to twin tank water softeners offer two cylinders that soften water independently. The report includes an analysis of the mono cylinder segment.

Europe held the lion's share

By region, the market Europe held the largest share in 2021, accounting for around one-third of the market. This is due to rise in population, increase in demand for water softeners in municipalities and industries. However, the global water softening systems market across Asia-Pacific is expected to register the highest CAGR of 6.4% during the forecast period, owing to potential in the developing countries such as India and Japan to expand their water softener operations in residential and non-residential sectors.

Major market players

BWT AG
Culligan International Company
Dwater Limited.
EcoWater Systems LLC
Harvey Water Softeners Ltd.
Atlas Filtri
Envicare Technologies Pvt. Ltd.
Kinetico Incorporated
Marlo Incorporated
Monarch Water Ltd.

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Key Findings Of The Study:

The report provides an extensive analysis of the current and emerging water softening systems market trends and dynamics.
Depending on softener type, the salt-based ion exchange softener segment dominated the water softening systems market, in terms of revenue in 2021, and is projected to grow at a significant high CAGR during the forecast period.
By type, the twin cylinder segment registered the highest revenue in 2021.
Asia-Pacific is projected to register highest water softening systems market growth rate in the coming years.
Key players within the water softening systems market are profiled in this report, and their strategies are analyzed thoroughly, which help to understand competitive outlook of the water softening systems industry.
The report provides an extensive analysis of the current trends and emerging opportunities of the market.
In-depth water softening systems market analysis is conducted by constructing estimations for the key segments between 2022 and 2031.

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