Point-of-Use Water Treatment Systems Market is Forecasted to Reach US$ 28.94 Billion in 2028, Says Stratview Research

The global point-of-use water treatment systems market is projected to witness a growth rate of 9.25% annually from 2023 to 2028, with an anticipated size of US$ 28.94 billion by 2028, according to an analysis by Stratview Research.

Stratview Research, a global market research firm has launched a report on the global point-of-use water treatment systems market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.

Click here to get a free sample of the report:
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Report Highlights:
Market Size in 2028: US$ 28.94 billion
Growth (CAGR): 9.25% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 4
Number of Tables & Graphs: 100+
Country-Level Market Assessment: 20

Segment Insights on the Point-of-Use Water Treatment Systems Market:

The global point-of-use water treatment systems market is segmented based on device type, technology type, application type, and region.

Based on device type - The point-of-use water treatment systems market is segmented as tabletop pitchers, faucet-mounted filters, countertop units, under-the-sink filters, and others. The faucet-mounted segment held the largest share of the market and is expected to remain dominant during the forecast period. The growth of the segment is due to its easy installation and its being comparatively cheaper than other devices. Also, it can be turned into an on-off position which allows users to collect drinking water at any time.

Based on technology type - The market is segmented into reverse osmosis systems, ultrafiltration systems, distillation systems, disinfection methods, filtration methods, ion exchange, and others. The reverse osmosis systems are expected to remain dominant during the forecast period. The reason for its dominance can be attributed to the host of benefits offered, such as improvement of the color and taste of water, easy maintenance, ability to remove up to 99% of dissolved contaminants.

Based on application type - The point-of-use water treatment systems market is segmented as residential and non-residential. The non-residential segment includes commercial, industrial, healthcare educational institutes, and others. The segment dominates the market owing to an increase in population and growing awareness about the benefits of water treatment.

To know the most attractive segments, click here:
https://www.stratviewresearch.com/1326/point-of-use-water-treatment-systems-market.html

Which Region Shows the Most Promising Growth Forecast and Opportunity?

The analysis suggests that Asia-Pacific is estimated to be the largest as well as the fastest growing market during the forecast period. This growth outlook is majorly attributed to the following-

• Owing to the increasing per-capita income of countries and the presence of a large number of point-of-use water treatment systems manufacturers in China.
• The point-of-use water treatment systems market is mainly driven by an increase in population.

Point-of-Use Water Treatment Systems Market Drivers:

Some of the key drivers listed in the report are given below.
• Advancements in the technologies in the water treatment industry.
• An increase in awareness about the advantages of water treatment.
• A growing demand for potable drinking water.

Top Companies in the Point-of-Use Water Treatment Systems Market:

Stratview Research has identified the following companies as the top market players.
• Honeywell International Inc.
• Panasonic Corporation
• Pentair plc
• Unilever
• LG Electronics Inc.
• Coway Co. Ltd.
• Best Water Technology (BWT) AG.

What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Point-of-Use Water Treatment Systems Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?

For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com

Related Reports:
• Water Treatment Technology Market: https://www.stratviewresearch.com/3441/water-treatment-technology-market.html
• Wastewater Treatment Services Market: https://www.stratviewresearch.com/3465/wastewater-treatment-services-market.html

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.

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This release was published on openPR.