MENA POU WATER PURIFIER MARKET ANALYSIS


Posted July 14, 2020 by Divya1999

POU water purifiers are referred to as point-of-use water purifiers that are widely used to clean and purify kitchen tap water and bathing water. This system removes contamination effectively and cleans the water for drinking purposes.

 
POU water purifiers are effective in reducing the number of pathogens in the water supplies. These systems are also used across anthropogenic activities such as washing, agriculture, and industries. Moreover, they are low cost, easy to use, and efficient.

The MENA POU water purifiers market is projected to surpass US$ 785.0 million by the end of 2027, in terms of revenue, growing at CAGR of 7.6% during the forecast period (2020 to 2027).

Drivers

Increasing water pollution in the region due to industrialization is expected to augment the market growth of the POU water purifiers. Rising concern over natural is encouraging the urban population to adopt the water purifiers. Therefore, increasing the contamination of water is projected to fuel the growth of the MENA POU water purifiers over the forecast period.

Increasing the per capita income of the population of the MENA region is projected to accelerate market growth. Growth in the non-oil sectors coupled with the increasing number of people engaged in the various economic activities and government in such countries has developed industrial cities thus led to increasing the per capita income of the residing population. This is expected to augment the market growth in the near future.

On the basis of countries, others segment dominated the MENA POU Water Purifiers market in 2019, reporting 25% market share in terms of revenue, followed by Saudi Arabia and Turkey, respectively.
Market Restraints

Limited product availability because the POU water purifier markets of MENA are still untapped and are expected to hinder the market growth over the forecast period. Low availability of the product in MENA is leading to lower usage of water purifiers hence hindering the market growth over the forecast period.

Lack of awareness regarding the benefits of POU water purifiers across rural areas is expected to hinder the market growth. As per the Coherent Market Insights analysis, nearly 44% of the MENA population lives in rural areas and they are not aware of the need for purified water. This is projected to hamper market growth over the forecast timeframe.

Market Opportunities

Innovation in the product system by major players such as combination system purifiers and 7 stage RO water purifiers is expected to augment the market growth over the forecast period. Manufacturers such as Strauss water and Katadyn are continuously launching innovation in the product and this will favor the market growth.

Increasing foreign investment due to the rising non-oil sector in the region is expected to offer potential growth opportunities to the market of the POU water purifiers. Emerging countries such as Saudi Arabia, Turkey, and UAE have experienced a mass migration of the population in these countries. Thus this is expected to fuel the demand for consumer goods such as water purifiers.
Market Trends

The introduction of a portable water purifier is gaining traction in the MENA market. The portable water purifier is mobile and can be used during traveling. Major players such as Katadyn, Seagull Water Technologies and So~Safe Water Technologies are engaged in the development of portable water purifiers. This trend is expected to augment the market growth over the forecast period.

Key vendors such as AquaPro and Kent have started introducing RO+UV based combination water purifiers in the GCC market in order to expand their presence in the region. Thus, the introduction of such a combination of advanced technology is projected to accelerate the market growth over the forecast period.
On the basis of technology, reverse osmosis dominated the MENA POU water purifiers market in 2019 with around 40% of market share in terms of revenue, followed by media and ultra violet, respectively.

Competitive Section

Key players are operating in the MENA POU water purifiers market are Amway Global, Pentair Inc., Panasonic Corporation, Culligan International Inc., Philips Inc., Best Water Technology Group, Coway Co., Ltd., Brita GmBH, Katadyn Group, Haier Strauss Water Co. Ltd, Halo Source Inc., 3M Center, Ion Exchange India Limited, and Eureka Forbes Limited
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Tags MENA POU WATER PURIFIER MARKET , market , research , water purifier
Last Updated July 14, 2020