Water Purifiers Global Market to Reach $91.1 Billion by 2030: Growing Demand for Convenient Water Purification Propels Demand for Gravity-based Water Purifiers
Global Market for Water Purifiers
Dublin, March 24, 2023 (GLOBE NEWSWIRE) -- The "Water Purifiers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Water Purifiers estimated at US$45 Billion in the year 2022, is projected to reach a revised size of US$91.1 Billion by 2030, growing at a CAGR of 9.2% over the analysis period 2022-2030.
RO Purifiers, one of the segments analyzed in the report, is projected to record a 9.8% CAGR and reach US$56 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the UV Purifiers segment is readjusted to a revised 9.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $10.9 Billion, While China is Forecast to Grow at 12.2% CAGR
The Water Purifiers market in the U.S. is estimated at US$10.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$21.4 Billion by the year 2030 trailing a CAGR of 12.2% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 7.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$15.4 Billion by the year 2030.
Select Competitors (Total 175 Featured) -
A. O. Smith Corporation
BWT Holding GmbH
Coway Co., Ltd.
Culligan International Company
EcoWater Systems LLC
Eureka Forbes Ltd.
General Electric Company
Helen of Troy Limited
Hindustan Unilever Limited (HUL)
Honeywell International Inc.
KENT RO Systems Ltd.
LG Electronics Inc.
Livpure Smart Homes Pvt Ltd.
SUEZ Water Technologies & Solutions (SUEZ)
The 3M Company
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
No. of Pages
2022 - 2030
Estimated Market Value (USD) in 2022
Forecasted Market Value (USD) by 2030
Compound Annual Growth Rate
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Water Purifiers - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Water: The Essence of Life
A Prelude to Water Purifiers
Impact of Covid-19 and a Looming Global Recession
2020 Marked as a Year of Disruption & Transformation
The Never-Ending "Race" Between the Virus & Vaccines Continues. Amidst this Chaotic Battle, Where is the World Economy Heading Now & Beyond?
Omicron Spreads Panic Worldwide; Omicron Variant Brings Back Memories & Fears of the Worst Part of the 2020 Pandemic
Short-term Impact of Omicron on Travel
Steps taken by the Countries to Prevent Transmission of Omicron Variant
With IMF Making an Upward Revision of Global GDP for 2021, Companies Are Bullish About an Economic Comeback Despite a Continuing Pandemic
A Strong Yet Exceedingly Patchy & Uncertain Recovery Shaped by New Variants Comes Into Play: World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
COVID-19 Impact on Water Purifiers Market
Pandemic Brings to Light the Demand-Supply Gap in Accessing Clean and Safe Water
A Note on Looming Global Water Crisis and Opportunities for Water Purifiers
Growing Need for Water Disinfection Amid Covid-19
Global Market Overview and Analysis
Global Water Purifiers Market Set to Witness Stupendous Growth
Versatile Benefits of Water Purification Systems Drives Demand
RO Water Purifiers Dominate the Market
Residential Water Purifiers Hold a Major Share
The US and Europe Dominate the Water Purifiers Market
Asia-Pacific Registers Market Growth
Clean Water Crisis in Developing Nations Underscores Need for Water Purifiers
Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Rise in Waterborne Diseases Drives Demand for Water Purifiers
Percentage of Contaminated Water in Drinking Water Supplies in Africa, Asia, and Latin America and Caribbean
Growing Industry Focus on Water Reuse amid Looming Water Crisis Benefits Demand for Water Purifiers
Applications of Water Reuse
World Water Resources: Percentage Breakdown by Water Quality
Increased Public Awareness of Drinking Safe Water Drives Market Growth
Reverse Osmosis Gains Momentum
Increased Demand for Smart Water Purifiers: A Key Demand Driver
Advanced Water Purification Technologies Drive Market Expansion
Game-Changing Water Purification Technologies
Activated Carbon Ensures a High-Quality Water Purification Process
Growing Demand for Convenient Water Purification Propels Demand for Gravity-based Water Purifiers
Requirements for Water Used by the Pharmaceutical Industry
Pharmacopoeia Specifications for Purified Water
Pharmacopoeia Specifications for Highly Purified Water and Water for Injection
Significance of Water in Agriculture Applications Drives Demand
Increased Demand for Water Recycling Treatment Spurs Market Growth
AI & IoT-enabled Water Purifiers Seek Role
Surging Population and Increasing Need for Water Drives Demand for Water Purifiers
World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
Rapid Industrialization and Urbanization to Drive Demand Prospects
World Urban Population in Thousands: 1950-2050P
Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
Smart Cities Concept to Underpin Sales Growth in the Coming Years
World Smart City Investments (in US$ Billion) for the Years 2020 through 2027
Technologically Advanced Water Purifiers
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
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