LAMEA Water Purifier Market

LAMEA Water Purifier Market Size, Share & Industry Trends Analysis Report By Technology, By End User (Residential, and Commercial), By Portability, By Distribution Channel, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-18799 Publication Date: November-2023 Number of Pages: 167
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Market Report Description

The Latin America, Middle East and Africa Water Purifier Market would witness market growth of 11.9% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 13,241.2 thousand units, showcasing a growth of 13.4% (2023-2030).

There's an increasing emphasis on eco-friendly and sustainable water purifiers. Companies focus on developing systems that reduce water wastage, energy consumption, and plastic use, contributing to a more environmentally conscious market. One of the primary environmental concerns is water wastage, particularly in the purification process. Manufacturers are developing systems that employ more efficient filtration methods to minimize water wastage during the purification process. Advanced purification techniques like reverse osmosis and nanotechnology reduce the water required to produce clean drinking water.

Several trends are shaping the water purifier market, indicating the direction of the industry and consumer preferences. Innovations in water purification technologies have led to more efficient and advanced purification systems. Integrating smart technology and the Internet of Things (IoT) in water purifiers has been a growing trend. This includes features like app-controlled settings, real-time monitoring, filter replacement alerts, and remote access, adding convenience and user-friendliness.

In some regions of LAMEA, municipal water treatment infrastructure may face challenges in adequately treating and purifying water. As a result, tap water may not meet the desired quality standards, leading residents to seek additional water purification solutions. The perception of unreliable municipal water treatment systems can prompt individuals to invest in home water purifiers to take control of their water quality and ensure that the water they consume is free from contaminants. Therefore, the presence of polluted water in several regions of LAMEA is expected to pose lucrative growth prospects for the market in the region.

The Brazil market dominated the LAMEA Water Purifier Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,759.4 million by 2030. The Argentina market is showcasing a CAGR of 12.5% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 11.5% during (2023 - 2030).

Based on Technology, the market is segmented into RO, UV, and Gravity Based. Based on End User, the market is segmented into Residential, and Commercial. Based on Portability, the market is segmented into Non-Portable, and Portable. Based on Distribution Channel, the market is segmented into Retail Stores, Direct Sales, and Online. 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 Water Purifier Market is Projected to reach USD 76.2 Billion by 2030, at a CAGR of 9.5%

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Pentair PLC, Kent Ro System Ltd., Panasonic Holdings Corporation, A. O. Smith Corporation, Unilever PLC, General Electric Company, Tata Chemicals Ltd., Brita Gmbh (Brita Group), Best Water Technology Group, LG Electronics, Inc. (LG Corporation).

Scope of the Study

Market Segments Covered in the Report:

By Technology (Volume, Thousand Units, USD Million, 2019-2030)

  • RO
  • UV
  • Gravity Based

By End User (Volume, Thousand Units, USD Million, 2019-2030)

  • Residential
  • Commercial

By Portability (Volume, Thousand Units, USD Million, 2019-2030)

  • Non-Portable
  • Portable

By Distribution Channel (Volume, Thousand Units, USD Million, 2019-2030)

  • Retail Stores
  • Direct Sales
  • Online

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

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

Key Market Players

List of Companies Profiled in the Report:

  • Pentair PLC
  • Kent Ro System Ltd.
  • Panasonic Holdings Corporation
  • O.Smith Corporation
  • Unilever PLC
  • General Electric Company
  • Tata Chemicals Ltd.
  • Brita Gmbh (Brita Group)
  • Best Water Technology Group
  • LG Electronics, Inc. (LG Corporation)
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