The Global Water Purifiers Market Report by The Business Research Company covers water purifiers market drivers and restraints, water purifiers market size, major players, and the impact of COVID-19 on the water purifiers market.
The water purifiers market consists of the sales of water purifiers and related services. Water purifiers are the devices used to purify water from the biological contaminants, toxins, harmful chemicals & gases, and others impurities such as solid particles so that it can be safe for drinking. It also decreases the level of hazardous pollutants in it and making it suitable for the industries before releasing it into the water bodies.
The scarcity of safe water is contributing to the growth of the water purifier market. According to the United States National Ocean Service, about 97.0% of the water on earth is salt water and the remaining 3.0% is available in the form of ice, vapor, groundwater and freshwater sources. Factors such as growing industrialization, urbanization, increase population is contaminating water with harmful contaminants. Contaminants in water can be found in the form of disinfection by products, solvents and pesticides, arsenic and others. Also, depleting water sources further adds to the safe water crisis across the globe. Water has to be treated or purified before using and this is done by the water purifiers.
The global water purifiers market is expected grow from $33.77 billion in 2020 to $37.55 billion in 2021 at a compound annual growth rate (CAGR) of 11.2%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The water purifiers market is expected to reach $50.16 billion in 2025 at a CAGR of 8%.
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Some water purifiers market trends include the increase usage of internet of things technology (IoT) enabled water purifier. The Internet of Things is a network which contains interrelated physical components which can be accessed using the internet for collecting and exchanging data. In water purifiers, the Internet of things is used to give information on the water quality, life of the filters, total dissolved solids levels, and service support.
Global water purifiers market segments include:
1) By Technology Type: RO Water Purifier, UV Water Purifier, Gravity-Based Water Purifier.
2) By End-User: Industrial, Commercial, Household.
3) By Distribution Channel: Retail Stores, Direct Sales, Online.
4) By Portability: Portable, Non-Portable.
5) By Device Type: Wall Mounted, Countertop, Tabletop, Faucet-mounted, Under-The-Sink (UTS).
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Water Purifiers Global Market Report 2021: COVID-19 Growth And Change To 2030 is one of a series of new reports from The Business Research Company that provides water purifiers market overviews, analyzes and forecasts market size, share, water purifiers market players, water purifiers market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The water purifiers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Water Purifiers Global Market Report 2021: COVID-19 Growth And Change To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Xiaomi, Livpure, LG Electronics, Unilever N.V, Panasonic Corporation, Kinetico Inc, Aquatech International LLC, GE Appliances, A.O. Smith Corporation, Whirlpool Corporation, Eureka Forbes Ltd., Pentair Plc, Kaz USA Inc, Mitsubishi Rayon, Cleansui Co. Ltd, Cleansui Co. Ltd, Tata Chemicals Ltd, Philip Electronics, EcoWater Systems LLC, 3M, Ion Exchange.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Water Purifiers Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Water Purifiers Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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