Water Test Kit Market to Significant Growth Foreseen by 2016 - 2026

Water Testing Kit Market: Dynamics

Since the laboratory facilities are not readily available in the rural areas, the rural area presents a huge business opportunity for Water Testing Kit market growth. The Water Testing Kits are available at different price range in the market as per array of measurement of desired water characteristics. All types of water test kits are equal in demand based on their end use. Many of the water testing kits are self-contained kits that do not require any other equipment, such as a photometer, for testing the sample, which makes them cost effective as well as highly portable, fast and convenient. The Water Test Kit equipment market is majorly in organised sector with more than half of total share in terms of sales.

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Water Testing Kit Market: Drivers& Restrains

The global water testing kit market is currently witnessing an elevated growth with the key factors such as increasing government regulations for water quality, environmental concerns such as water contamination & pollution, rapid industrialization and urbanization. In recent times with the growth in research & development in laboratories both in government and private organisations, agrochemicals industry etc. too is expected to fuel the growth of water testing kit market.

However, some factors like lack of public awareness and lack of capital investment due to low technological advances by equipment manufacturers acts as restraining factors for the water testing kit market.

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Water Testing Kit Market: Region-Wise Outlook

On the basis of geographic regions, the global water test kit market is segmented into seven key market segments namely North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, and Middle East & Africa. Europe is the global leader manufacturer and exporter of water testing kit. The water testing kit market in this region is projected to grow at the highest CAGR during the forecast period. Its demand is going to be increased in the coming time as testing of drinking water quality on a regular basis is important part for maintaining a good health.

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