The Latin America, Middle East and Africa POU Water Purifier Market would witness market growth of 9.1% CAGR during the forecast period (2023-2029).
Smart purifiers are simple to use and have a multi-stage purifying system. These filters monitor how much water is used and change the settings as needed. Customers increasingly demand feature-rich purifiers, especially in developing economies, as consumer living standards and purchasing power rise. This is creating market expansion potential. Therefore, it is anticipated that demand for these purifiers will increase throughout the projection period due to the rapid development of such smart technology-based purifiers.
By launching awareness campaigns and giving financial support to companies that make water purification systems, numerous organizations are progressively addressing the water problem and the shortage of healthy drinking water. Additionally, in order to take advantage of the market potential, water purifier manufacturers in these regions are diversifying their product lines. Additionally, efforts by government and private organizations to raise awareness about water filtration are anticipated to fuel the POU water purifier market's expansion in the years to come.
The development of industrial cities in the regional nations due to growth in non-oil industries, rising participation in diverse economic activities, and strong governments have increased the per capita income of the local populace. Due to escalating health concerns brought on by the UAE’s inadequate water management supply chain, there will be a rise in the demand for water purifiers in the nation. In addition, the country's government intends to make the necessary efforts for better water purification technologies to meet the growing need for clean drinking water. This will further fuel the demand for the market for POU water purifiers in the LAMEA during the projected period.
The Brazil market dominated the LAMEA POU Water Purifier Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $582.1 Million by 2029. The Argentina market is exhibiting a CAGR of 9.7% during (2023 - 2029). Additionally, The UAE market would display a CAGR of 8.8% during (2023 - 2029).
Based on Technology, the market is segmented into RO, UV, UV & RO and Others. Based on Type, the market is segmented into Countertop Filters, Under the Counter Filters and Others. Based on Distribution Channel, the market is segmented into B2C and B2B. Based on End user, the market is segmented into Household and Commercial. 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 POU Water Purifier Market is Projected to reach USD 29.6 Billion by 2029, at a CAGR of 6.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Panasonic Holdings Corporation, A. O. Smith Corporation, Pentair PLC, The Katadyn Group, Culligan International Company (Clayton, Dubilier & Rice Ltd.), KENT RO Systems Ltd., Ace Hygiene Products Pvt. Ltd., Brondell, Inc., Crystaline Water Master Co., Ltd. And Amway Corporation.
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