The future of the global water purifier market looks promising with opportunities in the portable and non-portable markets. The global water purifier market is expected to reach an estimated $52.7 billion by 2030 with a CAGR of 7.1% from 2024 to 2030. The major drivers for this market are rising disposable income in emerging nations, increase in availability of safe water by municipalities, and rising need of water recycling treatments.
Some of the key questions answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the water purifier market by
technology (uv, ro, and gravity based), portability (portable and non
portable), application (residential, commercial, industrial, and others), and
region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, UV, RO,
and gravity based are the major segments of water purifier market by
technology. Lucintel forecasts that RO will remain the largest segment over the
forecast period because it can remove dissolved materials from water up to
97%–98% by using a semi-permeable membrane, high water contamination levels and
a sizable consumer base. Within this market, non portable will remain the
largest segment over the forecast period due to increase in adoption among
households and corporate offices, hospitals, and others.
APAC will remain the
largest region over the forecast period due to increasing prevalence of
waterborne illnesses and rising consciousness of health risks in this region.
Halo Source, Kent Ro
System, A. O. Smith Corporation, LG Electronics, Suez Water Technologies &
Solutions, Panasonic Corporation, Tata Chemicals, Best Water Technology, Eureka
Forbes, and Amway Corporation are the major suppliers in the water purifier
market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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