The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The water purifiers market size has grown strongly in recent years. It will grow from  $32.47 billion in 2023 to $34.84 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%.  The growth in the historic period can be attributed to increasing health awareness, technological advancements in water purifiers, economic growth in emerging markets, rise in disposable income, growing population, growing urbanization and government initiatives for pure water. The water purifiers market size is expected to see strong growth in the next few years. It will grow to  $47.23 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%.  The growth in the forecast period can be attributed to scarcity of safe water, growing awareness of water-borne diseases, and growing water pollution levels. Major trends in the forecast period include investing in developing internet of things (iot) enabled water purifiers to capitalize on the changing consumer trends and to increase revenues, manufacturing solar powered water purifiers to reduce the environmental footprint of the products, developing customizable water purifiers to the growing popularity of these products and to increase revenues, collaborating or partnering with other companies to provide innovative products or post purchase services, and m&a growth strategies to expand the customer base and their geographic markets.

The water purifier market is experiencing growth due to the scarcity of safe water. As of 2023, it is reported by the United States National Ocean Service that 97.0% of the Earth’s water is salt water, leaving only 3.0% available for consumption. This small percentage is further threatened by factors such as industrialization, urbanization, and population growth, resulting in water contamination by various harmful substances like disinfection by-products, solvents, pesticides, and arsenic. The Center for American Progress highlighted in a water quality report in October 2020 that over 80,000 miles of rivers and streams in the US are impaired due to nutrient pollution, while more than 2.5 million acres of ponds, reservoirs, and lakes are deemed unsafe. With depleting water sources, the demand for water purifiers is expected to rise significantly in the coming years, addressing the global safe water crisis. As of 2024, this trend is reflected in the market size.

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What Are The Key Trends That Influence Water Purifiers Market Share Analysis?

Companies in the printing ink industry are transitioning from petroleum-based inks to environmentally friendly green printing inks. Unlike traditional inks, green printing inks are free of heavy metals and toxic substances, reducing pollution in landfills. These inks are derived from sustainable materials like soy and other plant-based sources. Examples include water-based and oil-based green inks, which lower volatile organic compounds (VOCs) emitted during printing. Major players such as DIC Corporation, Flint Group, and Sakata Inx are offering green printing inks as part of their product lines.

Which Market Players Are Driving Growth In The Water Purifiers Market?

Major companies operating in the market are LG Electronics Inc., Panasonic Corporation, Pentair PLC, DuPont, Coway Co. Ltd., Unilever N.V., Whirlpool Corporation, The 3M Company, Brita, Culligan International Company, Kent RO, Xiaomi, Livpure, Midea Group, Shenzhen Angel Drinking Water Equipment Co. Ltd, Litree Purifying Technology Co. Ltd., Origin Water, Veolia UK, Suez Water Purification Systems Ltd, Luberon Water Technologies, Pure Aqua Inc, Carbo Tech, Aquaphor, Ecosoft, Barrier Water Filters, Petros Water, Ekodar, EuroClean, Kinetico Water Systems, Aquatech, A.O. Smith Corporation, GE Appliances, Salher, Genesis Water Technologies, Kent, Aqua Care, Aquaguard

How Is The Global Water Purifiers Market Segmented?

The water purifiers market covered in this report is segmented –

1) By Technology Type: RO Water Purifier, UV Water Purifier, Gravity-Based Water Purifier
2) By Portability: Portable, Non-Portable
3) By Device Type: Wall Mounted, Countertop And Tabletop, Faucet-mounted, Under-The-Sink (UTS)
4) By Distribution Channel: Retail Stores, Direct Sales, Online
5) By End-User: Industrial, Commercial, Household

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The Water Purifiers Global Market Report 2024 provides an overview of the water purifiersmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The water purifiers market forecast analyzes water purifiers market size, water purifiers market share, leading competitor and their market positions.

The Table Of Content For The Water Purifiers Market Include

1. Water Purifiers Market Executive Summary
2. Water Purifiers Market Segments
3. Water Purifiers Market Size And Template Market Growth Rate
4.  Key Water Purifiers Market Trends
5. Major Water Purifiers Market Drivers
……
25. Key Mergers And Acquisitions In The Water Purifiers Market
26. Top Water Purifiers Companies
27. Water Purifiers Market Opportunities And Strategies
28. Water Purifiers Market, Conclusions And Recommendations
29. Appendix

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