Water Purifier Market Trends and Forecast 2027:


Posted December 28, 2022 by sandycool

The water purifier market was valued at USD 35.83 billion in 2021 and is projected to reach USD 65 billion by 2026 by registering a CAGR of 10.5% during the forecast period 2022 - 2027.

 
The water purifier market was valued at USD 35.83 billion in 2021 and is projected to reach USD 65 billion by 2026 by registering a CAGR of 10.5% during the forecast period 2022 - 2027.

There are numerous advantages of using water filters to increase demand. Water purifiers eliminate harmful viruses, germs, and other contaminants from the water, ensuring that it is safe to consume. Getting rid of giardia and cryptosporidium reduces the risk of gastrointestinal sickness by 33%. It also eliminates chlorine and its by-products, reducing the risk of bladder and rectal cancer. Furthermore, drinking clean water helps to enhance the digestive system, maintain a healthy energy level, improve skin health, lose weight, and boost the body's general immune system. Water filtration improves the flavor and taste of water. As a result, cooking with clean and safe water preserves the original flavor of the food. Minerals are removed by home water filter systems, which might affect the water's overall quality. Purification at the point of water input extends the life of pipework and reduces maintenance costs significantly.

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Growing public awareness of the dangers of contaminated surface water has resulted in a substantial shift in customer demand for technology-based water purifiers. The water purifier market is growing due to rising public awareness of water-borne diseases and technological advancements in water purifiers. Customers' purchasing power increases as their income rises, resulting in a good standard of living. The need for water purification systems in developing countries is being fueled by an increase in the provision of safe water by municipalities and an increase in the number of water recycling processes. Are the factors driving the Global Water Purifier Market to carry the sustainable growth and share within the Global Water Purifier Market?

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Segmentation Analysis:

The global Water Purifier Market segmentation include:

By Technology: Gravity Purifiers, RO Purifiers, UV Purifiers, Sediment Purifiers, Water Softeners.

The market's highest revenue share belonged to RO filters. RO water filters are expensive and designed to create bottled water of high quality. These are high-tech filters that can get rid of 99 percent of pollutants. Because of their superior barrier against hazardous minerals, RO filters are highly recommended for treating hard water. These RO filters frequently remove vital minerals like iron, magnesium, and calcium, altering the flavor of water. Furthermore, RO filter media must be replaced on a regular basis, which adds to the overall upkeep of these items.

The gravity filters sector has the market's second-largest share. The force of gravity purifies the water in these filters. Water is filtered as it flows without resistance from the upper compartment to the lower compartment. Gravity-based water filters are also less expensive, easier to install, and do not require running water or energy to work. These filters can last a long period if properly maintained and replaced on a regular basis.

By End User: Industrial, Commercial, and Household.

The Household category was the most popular, and this tendency is expected to continue during the forecast period. In comparison to commercial structures, residential buildings use a lot of water for everyday cooking, cleaning, bathing, and other activities. Moreover, throughout the forecast period, growing urbanization is expected to increase the demand for water purification products.

By Distribution Channel: Retail Stores, Direct Sales, And Online Stores.

The distribution channel is further divided into online and offline categories, with retail and direct sales falling under the latter. When compared to other direct sales and online shop divisions, the retail locations category had a considerable share. When purchasing through physical retail outlets, people priorities this category due to its ease of maintenance and service.

Regional Analysis:

North America
Europe
Asia Pacific
Latin America
Middle east and Africa
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Last Updated December 28, 2022