Increasing Awareness about Waterborne Diseases is Majorly Driving Residential Water Purifiers Market
Posted: May 16, 2019
According to Goldstein Research, global residential water purifier market is expected to reach USD 33.4 billion by 2024 from estimated market size of USD 11.2 billion in 2016, growing at a CAGR of 14.6% over the forecast period 2016-2024. The increase in personal disposable income coupled with growing health awareness among the people for the hygiene and clean water is driving the growth of residential water purifier market. Global residential water purifier market segmentation has been done on the basis of technology, filtration system, distribution channel and geography. Based on technology, RO purifier accounted for largest market share of nearly 70.0% in 2016.
Geographically, global residential water purifier industry is dominated by Asia Pacific region and followed by North America and Europe market share.
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Global Residential Water Purifier Market can be segmented as follows:Based on Technology
- Reverse Osmosis (RO) Purifier
- Ultra-violet (UV) Purifier
- Multiple technology-based water purifier
- Point-of-use (POU) systems
- Whole-house/point-of-entry (POE) systems
- Online Channel
- Retail Stores
- North America Residential Water Purifier Market Analysis, 2016-2024
- Europe Residential Water Purifier Market Analysis, 2016-2024
- Middle East and Africa Residential Water Purifier Market Analysis, 2016-2024
- Latin America Residential Water Purifier Market Analysis, 2016-2024
- Asia Pacific Residential Water Purifier Market Analysis, 2016-2024
- Rest of the World Residential Water Purifier Market Analysis, 2016-2024
Global Residential Water Purifier Market report by Goldstein Research contains detailed overview of the global residential water purifier market.
Key players of the Market discussed in the report are:
Whirlpool Corporation, Eureka Forbes, Hindustan Unilever Limited (HUL), LG Electronics, Amway, 3M, Kent RO Systems, Panasonic Corporation, A.O.Smith, etc.
The report includes competitive analysis of industry major players, discussing their company profiles that discusses the financial analysis, business strategies, distribution of revenue by regions and by business segments, technological developments and investments in the company, and other relevant information to provide business outlook.
Further, the report also highlights the market size, share, market growth rate, and data of global residential water purifier trade, demand, supply and pricing trends. The report also encompasses the in-depth analysis of growth drivers, opportunities, market current & future trends, risk analysis, BPS analysis, SWOT analysis, market attractiveness, and Porter’s five force model to help the market stakeholders such as existing players, new entrants in the market, technology providers and others with complete market outlook and support to design business strategies.
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