Global Water Purifier Industry by 2026-Main Drivers and Challenges

2021-12-14 16:06:01 By : Mr. YUJI Boiler

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Dublin, October 28, 2021/PRNewswire/-"Global Water Purifier Market Overview 2020-26" report has been added to ResearchAndMarkets.com products.

Simply speaking, water purifier refers to equipment used to purify harmful substances, chemicals, pathogens, microorganisms and other dissolved solids in water and make it easy to carry. This report provides in-depth insights into the market size by value and volume, analyzing trends by type (countertop, sink, faucet installation), technology (RO, UV, gravity-based, etc.) by region and country Sales channels (online and offline). Although significant progress has been made in increasing access to clean drinking water and sanitation, billions of people (mainly in rural areas) still lack these basic services. Despite this, up to 80% of the available surface water and groundwater are being used each year. According to the United Nations, global water demand is expected to increase by 55% by 2050. This is to help the market reach a value of more than $65 billion by the end of 2026, and in terms of volume, it is expected to grow at a compound annual growth rate of less than 10%. The main reason for the shortage of drinking water around the world is the growing population, while the water supply remains the same, and the water is used to a greater extent. To put it bluntly, water pollution kills people. In fact, it caused 1.8 million deaths in 2015. Contaminated water can also cause serious illnesses to humans. Every year, unsafe water sickens approximately 1 billion people. Low-income communities face disproportionate risks because their homes are usually closest to the most polluting industries. The reverse osmosis water purifier is undoubtedly one of the safe, economical, and easy-to-maintain water purifiers. This market segment occupies nearly half of the market share. Even in countries with abundant water resources, accidental or illegal discharge of sewage treatment facilities can bring harmful pathogens to waterways. Thousands of people in the United States get sick from Legionnaires’ disease every year, with cases from Disneyland in California to the Upper East Side of Manhattan. The UV water purifier segment market is expected to grow by 11.47%, which is still the lowest among the types of purifiers classified by technology. Aging water supply infrastructure and obsolete pipelines are also the main causes of water pollution. One such common case is the recent lead pollution crisis in Flint, Michigan. The problem goes far beyond Flint, and it's not just lead, but as a wide range of chemical pollutants, from heavy metals such as arsenic and mercury to pesticides and nitrate fertilizers entering the water supply system. The market has witnessed the growth of the under-tank purifier segment, which reached USD 15.29 billion in 2015. When groundwater flows in the soil, it can absorb excess nutrients and transport them to the groundwater table. When contaminated groundwater reaches the drinking water system, it can pose a serious threat to public health. By the end of the forecast period, the faucet water purifier type is expected to occupy nearly 20% of the market share. From the perspective of sales channels, offline sales channels account for nearly 90% of the market share, which is unmatched. This can be attributed to consumers' higher affinity for physical stores, which are considered safe and allow consumers to try it out before buying. In addition, retail stores have the additional advantage of instant gratification, which further increases their visibility. As millennials become decision makers, the growth of online sales channels is obvious and is expected to reflect a 17% growth rate during the forecast period. From a regional perspective, Asia occupies the highest market share because the region has nearly 60% of the world's population. However, due to the increasing penetration rate of water purifiers and the deterioration of water quality, Latin America and the Middle East and Africa are expected to show a downward trend in the next few years. The North American and European markets are maturing, witnessing the popularity and quality of drinking water. China, the United States and India are the top three countries in the global water purifier market, with a water purifier market exceeding US$16 billion in 2020. The main market participants are: 3M, AO Smith Corporation, Aquatech International LLC, Brita GmbH, BWT Holding Gmbh, Coway Company Limited, Culligan International Company, EcoWater System LLC, Eureka Forbes Limited, GE Appliances, Ion Exchange LLC, Kent RO System Ltd , Kinetico Inc., LG Electronics, Mitsubishi Rayon Cleansui Co. Ltd, Panasonic Corporation, Pentair PLC, Tata Chemicals Ltd., Unilever NV and Whirlpool Main topics covered: 1. Executive summary 2. Reporting method 3. Market structure 3.1. Market Considerate 3.2. Market Definition 4. Global Water Purifier Market Outlook 4.1. Market size by value and volume 4.2. Market share 4.2.1. According to product type 4.2.2. Press technology 4.2.3. According to sales channels 4.2.4. 4.2.5 by region. 4.2.6 by country. By company

5. North American water purifier market outlook 5.1. Market size by value and volume 5.2. Market share 5.3. The size of the US water purifier market is 5.4 in value. The Canadian water purifier market size is valued at 5.5. Mexico Water Purifier Market Size by Value

6. European water purifier market outlook 6.1. Market size by value and volume 6.2. Market share 6.3. The size of the German water purifier market is valued at 6.4. The size of the UK water purifier market is 6.5 in value. The size of the French water purifier market is valued at 6.6. The size of the Spanish water purifier market is 6.7 in value. The size of the Italian water purifier market is 6.8 in value. The size of the Russian water purifier market by value

7. Asia Pacific Water Purifier Market Outlook 7.1. Market size by value and volume 7.2. Market share 7.3. The size of China's water purifier market is valued at 7.4. The size of the Japanese water purifier market is valued at 7.5. The size of the Indian water purifier market is valued at 7.6. The Australian water purifier market size is valued at 7.7. Vietnam's water purifier market is valued at 7.8. Indonesia's water purifier market size is 7.9 in value. South Korea's water purifier market size by value

8. Latin America Water Purifier Market Outlook 8.1. Market size by value and volume 8.2. Market share 8.3. Brazil's water purifier market size is valued at 8.4. The Argentine water purifier market is worth 8.5. Colombian water purifier market size (by value)

9. Middle East and Africa water purifier market outlook 9.1. Market size by value and volume 9.2. Market share 9.3. The UAE water purifier market size is 9.4 in value. The water purifier market size in Saudi Arabia is 9.5 in value. South Africa Water Purifier Market Size by Value

10. Market dynamics 10.1. Key drivers 10.2. Main challenges 11. Market trends and development 12. Competitive landscape 12.1. Porter's five forces model 12.2. Company profile 12.2.1. 3M 12.2.2. AO Smith Company 12.2.3. Aquatech International Limited Liability Company 12.2.4. Britta Ltd. 12.2.5. BWT Holdings Limited 12.2.6. Kewei Co., Ltd. 12.2.7. Culigan International 12.2.8. Eureka Forbes Ltd. 12.2.9. Pentair PLC 13. Disclaimer For more information on this report, please visit https://www.researchandmarkets.com/r/en9gmn

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