Water Purifier Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

The water purifier is characterized as the devices that decontaminate water and make it portable by removing hazardous substances, chemicals, pathogens, microorganisms, and other dissolved solids. The growth of the water purifier market is aided by rising disposable income in emerging economies. Customers' purchasing power increases as their income rises, resulting in an enhanced standard of living. Furthermore, increased municipal availability of clean water and an increase in the number of water recycling treatments are driving demand for water purification systems in developing countries.

MARKET SCOPE

The "Global Water purifier Market Analysis to 2031" is a specialized and in-depth study of the Water purifier Market with a special focus on the global market trend analysis. The report aims to provide an overview of Water purifier market with detailed market segmentation by technology, distribution channel and end-user. The global water purifier market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading water purifier market player and offers key trends and opportunities in the water purifier market.

MARKET SEGMENTATION

  Based on the technology the market is bifurcated into, UV purifier, RO purifier, gravity purifier.

  On the basis of distribution channel, the market is segmented as, retail store, direct sales, online.

  Further, on the basis of end user the market is segmented as, industrial, commercial and residential.

MARKET DYNAMICS

Drivers:

  The growth of the water purifier market is aided by rising disposable income in emerging economies.

  Furthermore, increased municipal availability of clean water and an increase in the number of water recycling treatments are driving demand for water purification systems in developing countries.

  The market is being driven by factors such as low penetration of water purifiers, shortage of safe drinking water, and rising customer health consciousness.

  Various technological advancements in water purification systems.

Restraints:

  The water purifier market is expected to be hampered by lower demand from rural areas due to a lack of health awareness, as well as people opting for packaged drinking water.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global water purifier market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The water purifier market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting water purifier Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the water purifier market in these regions.

IMPACT OF COVID-19 ON WATER PURIFIER MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The reports cover key developments in the water purifier market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from water purifier market are anticipated to lucrative growth opportunities in the future with the rising demand for water purifier market. Below mentioned is the list of few companies engaged in the Water purifier market.

The report also includes the profiles of key water purifier market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   A. O. Smith India Water Products Pvt. Ltd
  
•   Aquatech International LLC
  
•   BWT Holding GmbH
  
•   BRITA Group
  
•   Coway Co., Ltd.
  
•   Culligan
  
•   EcoWater Systems LLC
  
•   Eureka Forbes Ltd
  
•   Evoqua Water Technologies LLC
  
•   Kinetico Incorporated
  

The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Water Purifier Report Scope

Report Attribute	Details
Market size in 2023	US$ XX Million
Market Size by 2031	US$ XX Million
Global CAGR (2023 - 2031)	XX%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Technology UV Purifier RO Purifier Gravity Purifier By Distribution Channel Retail Store Direct Sales Online By End-User Industrial Commercial Residential
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	A. O. Smith India Water Products Pvt. Ltd Aquatech International LLC BWT Holding GmbH BRITA Group Coway Co., Ltd. Culligan EcoWater Systems LLC Eureka Forbes Ltd. Evoqua Water Technologies LLC