LAMEA Home Water Filtration Unit Market

LAMEA Home Water Filtration Unit Market Size, Share & Industry Trends Analysis Report By Product Type (RO-based, UV-based, Gravity-based, and Others), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-19369 Publication Date: January-2024 Number of Pages: 93
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Market Report Description

The Latin America, Middle East and Africa Home Water Filtration Unit Market would witness market growth of 11.7% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 1,246.3 thousand units, showcasing a growth of 12.0% (2023-2030).

Addressing environmental concerns, some manufacturers are pioneering using biodegradable materials in filtration components. Filters made from biodegradable substances reduce the environmental impact of filter disposal, contributing to a more sustainable approach to water treatment. DNA-based filtration technologies leverage the unique properties of DNA strands to selectively bind with certain contaminants. This innovative approach allows for highly specific and efficient removal of pollutants, showcasing the potential for biotechnological solutions in water purification.

In addition, the Internet of Things (IoT) is expected to play a pivotal role in the evolution of home water filtration systems. Increased connectivity will enable seamless integration with smart home ecosystems, allowing users to remotely monitor and control filtration units. IoT capabilities may extend to predictive maintenance features, enhancing user experience and system reliability. Likewise, the trend toward decentralized water treatment solutions is expected to gain momentum. Consumers, recognizing the limitations of centralized water infrastructure, may increasingly turn to home-based systems as a reliable and customizable means of ensuring water quality.

Many areas within Brazil face challenges related to municipal water infrastructure, leading to limited access to safe and reliably treated water. In some instances, residents may encounter intermittent water supply or inadequate water treatment facilities. Moreover, government initiatives in South Africa include promoting clean water technologies, including these units. These initiatives often aim to empower individuals and households to take an active role in ensuring the quality of their drinking water, especially in areas with water quality challenges. Therefore, the concerns related to the inaccessibility of clean drinking water and government initiatives for clean water in the LAMEA region are some factors that will contribute to the growth of the market.

The Brazil market dominated the LAMEA Home Water Filtration Unit Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $602.2 Million by 2030. The Argentina market is showcasing a CAGR of 12.2% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 11.4% during (2023 - 2030).

Based on Product Type, the market is segmented into RO-based, UV-based, Gravity-based, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: The Worldwide Home Water Filtration Unit Market is Projected to reach USD 24.1 Billion by 2030, at a CAGR of 10.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kent Ro System Ltd., SpringWell Water Filtration Systems, 3M Company, Panasonic Holdings Corporation, Amway Corporation, A. O. Smith Corporation, Crystal Quest Water Filters (Quest Technologies) and Veolia Environnement S.A.

Scope of the Study

Market Segments Covered in the Report:

By Product Type (Volume, Thousand Units, USD Billion, 2019-2030)

  • RO-based
  • UV-based
  • Gravity-based
  • Others

By Country (Volume, Thousand Units, USD Billion, 2019-2030)

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Kent Ro System Ltd.
  • SpringWell Water Filtration Systems
  • 3M Company
  • Panasonic Holdings Corporation
  • Amway Corporation
  • A.O. Smith Corporation
  • Crystal Quest Water Filters (Quest Technologies)
  • Veolia Environnement S.A.
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