Press release
Point-of-Use Water Treatment Systems Market: Thriving with Increasing Concerns Over Water Contamination & Healthcare
"Projected to Reach $32.72 Billion by 2029 with a CAGR of 9.4%
What Is The Projected Market Size Of The Global Point-of-Use Water Treatment Systems Market And Its Growth Rate?
The point-of-use water treatment systems market has seen a significant expansion, attributed to increasing water contamination concerns, mounting health consciousness, and stringent regulations.
• 2024 Market Size: $20.55 billion
• 2025 Market Size: $22.87 billion (CAGR: 11.3%)
• Projected 2029 Market Size: $32.72 billion (CAGR: 9.4%)
Causes for forecasted growth include global water scarcity, consumer preference for sustainability, and government initiatives.
What Is Driving The Growth In The Point-of-Use Water Treatment Systems Market?
The surge in water-borne diseases is a significant driver of the growth in the point-of-use water treatment systems market. As these diseases are caused by drinking water contaminated with pathogenic microorganisms like protozoa, bacteria, viruses, and intestinal parasites, they pose a heightened risk. In developing countries alone, waterborne diseases claim the lives of 1.8 million individuals annually; over 90% of these deaths occur in children under the age of five. The escalating prevalence of such diseases drives the point-of-use water treatment systems market.
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Who Are the Key Players Driving Point-of-Use Water Treatment Systems Market Growth?
Prominent companies operating in the point-of-use water treatment systems market include:
• Honeywell International Inc.
• Pentair plc
• Panasonic Corporation
• Eureka Forbes Limited
• BWT Aktiengesellschaft
• A. O. Smith Corporation
• Unilever PLC
• LG Electronics Inc.
• WaterFilters. NET
• Toray Industries Inc.
(And many more…)
What Are The Key Trends In The Point-of-Use Water Treatment Systems Market?
Key future trends include:
• Smart technology integration
• Technological advancements
• Customization and modularity
• Advancements in filtration technologies
• Collaborations and partnerships
What Are The Segments Of The Global Point-of-Use Water Treatment Systems Market?
- By Product Type: Under The Counter Filters, Counter Top Filters, Pitcher Filters, Faucet Mounted Filters, Other Product Types
- By Technology: Reverse Osmosis Systems, Ultrafiltration Systems, Distillation Systems, Disinfection Methods, Filtration Methods
- By Application: Residential, Non-Residential
Which Region Leads The Point-of-Use Water Treatment Systems Market?
Asia-Pacific held the largest share in the point-of-use water treatment systems market in 2024. The region is expected to maintain its leading position during the forecast period. The market study covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Point-of-Use Water Treatment Systems Market Global Market Report?
- Market Size Analysis: Analyze the Point-of-Use Water Treatment Systems Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Point-of-Use Water Treatment Systems Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Point-of-Use Water Treatment Systems Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Point-of-Use Water Treatment Systems Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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