Global Water Purifiers Market Increased demands, Competition Forecast, Analysis
Research Reports
Aug 10, 2023
Global Water Purifiers Market Overview
Market Research Future (MRFR) confirms that the global water purifiers market is estimated to demonstrate a voluminous growth worth USD 175.54 billion by 2030, registering a striking 17. 58% CAGR during the assessment period ((2023 – 2030). Growing usages of diverse product portfolios and the vast range of benefits of water purifiers have considerably contributed to the demand in the market.
The global water purifiers market is demonstrating notably positive growth. The increasing population is driving the demand for clean water. Increased urbanization increases usage of water purifiers, demanding clean and safe drinking water. The demand for drinking water has been increasing tremendously owing to the pharmaceuticals and cosmetics industry.
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Key Players:
Some of the global water purifiers market leaders are
- Unilever
- Smith
- EcoWater Systems LLC
- Coway Co., Ltd.
- Panasonic Corporation
- Livpure Pvt. Ltd.
- KENT RO Systems Ltd
Global Water Purifiers Market Segmentation
The study report is segmented into products, end-users, and regions.
- The product segment is sub-segmented into UV water purifiers, RO water purifiers, activated carbon filters, and others.
- The end-user segment is sub-segmented into residential and commercial.
- The Region segment is sub segmented into North America, Europe, Asia-Pacific, Rest of world.
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Water Purifiers Market Regional Analysis
The analysis offers market information for North America, Europe, Asia-Pacific, and the rest of the world, organized by Region. The Asia Pacific water purifiers market, which had sales of USD 25.9 billion in 2022, is anticipated to increase at a substantial CAGR over the research period. In 2021, the Asia Pacific region held the largest Water Purifier market share, accounting for more than 45.80% worldwide revenue. With more market participants and significant expenditures in R & D, product demand would pick up steam in this area.
Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
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