Global Water Purifier Market By Technology (Gravity Purifier, UV Purifier, RO Purifier), End User (Commercial, Residential), Distribution (Retail Stores, Direct Sales)
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Water Purifier Market is expected to register a market value of $42.5 billion by 2022, growing at a CAGR of 10.8% during the forecast period 2016-2022. Within the regions, Asia-Pacific held the largest market share in the year 2015. However, LAMEA would be the fastest growing region with the fastest CAGR of 11.1% during the forecast period. Deteriorating quality of drinking water, growing industrialization & urbanization, and growing awareness about waterborne diseases are the factors that would drive the water purifier market in the LAMEA region. Water purifiers are equipment used to remove the biological contaminants, suspended solids, toxins, harmful gases & chemicals, bacteria, fungi and other impurities from the water and make the water safe to drink.
The developed regions are the major markets for water purifiers. The semi-urban and rural regions in the developing countries are still an untapped market. Water pollution has led to need for water purifiers in the developing economies. Within the developing regions, countries such as India and China would be potential markets with tremendous market opportunities. The report highlights the adoption of Water purifier globally. Based on Technology, the market is segmented into Gravity purifier, UV Purifier and RO Purifier. Based on End User, the market is segmented into Commercial and Residential. Based on Distribution, the market is segmented into Retail stores, Direct sales, and Online. The geographies included in the report are North America, Europe, Asia-Pacific, & LAMEA (Latin America, Middle East and Africa). For the better analysis, the geographies are segmented into countries.
Key companies profiled in the report includes Eureka Forbes Ltd., Kent Ro System Ltd., Alticor, Brita Gmbh, A. O. Smith Corporation, Panasonic Corporation, General Electric ( Ge) And Tata Chemicals.