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Water Purifier Trends and Forecast
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.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Water Purifier by Segment
The study includes a forecast for the global water purifier by technology, portability, application, and region.
Water Purifier Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• UV
• RO
• Gravity Based
Water Purifier Market by Portability [Shipment Analysis by Value from 2018 to 2030]:
• Portable
• Non Portable
Water Purifier Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Industrial
• Others
Water Purifier Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Water Purifier Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies water purifier companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the water purifier companies profiled in this report include-
• Halo Source
• Kent Ro System
• A. O. Smith Corporation
• LG Electronics
• Suez Water Technologies & Solutions
• Panasonic Corporation
• Tata Chemicals
• Best Water Technology
• Eureka Forbes
• Amway Corporation
Water Purifier Market Insights
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.
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.
Features of the Global Water Purifier Market
Market Size Estimates: Water purifier market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Water purifier market size by technology, portability, application, and region in terms of value ($B).
Regional Analysis: Water purifier market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technology, portability, application, and regions for the water purifier market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the water purifier market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the water purifier market size?
Answer: The global water purifier market is expected to reach an estimated $52.7 billion by 2030.
Q.2 What is the growth forecast for water purifier market?
Answer: The global water purifier market is expected to grow with a CAGR of 7.1% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the water purifier market?
Answer: 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.
Q4. What are the major segments for water purifier market?
Answer: The future of the global water purifier market looks promising with opportunities in the portable and non portable markets.
Q5. Who are the key water purifier market companies?
Answer: Some of the key water purifier companies are as follows:
• Halo Source
• Kent Ro System
• A. O. Smith Corporation
• LG Electronics
• Suez Water Technologies & Solutions
• Panasonic Corporation
• Tata Chemicals
• Best Water Technology
• Eureka Forbes
• Amway Corporation
Q6. Which water purifier market segment will be the largest in future?
Answer: 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.
Q7. In water purifier market, which region is expected to be the largest in next 5 years?
Answer: 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.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
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?
For any questions related to Water Purifier Market, Water Purifier Market Size, Water Purifier Market Growth, Water Purifier Market Analysis, Water Purifier Market Report, Water Purifier Market Share, Water Purifier Market Trends, Water Purifier Market Forecast, Water Purifier Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Water Purifier Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Water Purifier Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Water Purifier Market by Technology
3.3.1: UV
3.3.2: RO
3.3.3: Gravity Based
3.4: Global Water Purifier Market by Portability
3.4.1: Portable
3.4.2: Non Portable
3.5: Global Water Purifier Market by Application
3.5.1: Residential
3.5.2: Commercial
3.5.3: Industrial
3.5.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Water Purifier Market by Region
4.2: North American Water Purifier Market
4.2.2: North American Water Purifier Market by Portability: Portable and Non Portable
4.3: European Water Purifier Market
4.3.1: European Water Purifier Market by Technology: UV, RO, and Gravity Based
4.3.2: European Water Purifier Market by Portability: Portable and Non Portable
4.4: APAC Water Purifier Market
4.4.1: APAC Water Purifier Market by Technology: UV, RO, and Gravity Based
4.4.2: APAC Water Purifier Market by Portability: Portable and Non Portable
4.5: ROW Water Purifier Market
4.5.1: ROW Water Purifier Market by Technology: UV, RO, and Gravity Based
4.5.2: ROW Water Purifier Market by Portability: Portable and Non Portable
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Water Purifier Market by Technology
6.1.2: Growth Opportunities for the Global Water Purifier Market by Portability
6.1.3: Growth Opportunities for the Global Water Purifier Market by Application
6.1.4: Growth Opportunities for the Global Water Purifier Market by Region
6.2: Emerging Trends in the Global Water Purifier Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Water Purifier Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Water Purifier Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: HALO SOURCE
7.2: KENT RO SYSTEM
7.3: A. O. SMITH CORPORATION
7.4: LG ELECTRONICS
7.5: SUEZ WATER TECHNOLOGIES & SOLUTIONS
7.6: Panasonic Corporation
7.7: Tata Chemicals
7.8: BEST WATER TECHNOLOGY
7.9: EUREKA FORBES
7.10: Amway corporation
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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