The growth in the residential drinking water treatment equipment market is driven by several factors, including heightened public awareness of waterborne contaminants, technological advancements, and shifting consumer preferences towards health and wellness. Rising concerns about the safety of municipal water supplies, exacerbated by incidents of water contamination in various regions, have led to an increased adoption of home water treatment solutions. Technological innovations, such as advanced filtration materials and smart monitoring systems, have enhanced the efficacy and appeal of these products. Consumer behavior, particularly the growing demand for clean and safe drinking water, is a significant driver, as more individuals prioritize their health and are willing to invest in high-quality water treatment systems. Additionally, the trend towards eco-friendly living and reducing plastic waste has boosted the popularity of point-of-use water treatment systems, as they offer a sustainable alternative to bottled water. These factors collectively fuel the expansion of the residential drinking water treatment equipment market, making it a vital component of contemporary household infrastructure.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Reverse Osmosis Technology segment, which is expected to reach US$8.1 Billion by 2030 with a CAGR of a 6.1%. The Activated Carbon Filters Technology segment is also set to grow at 5.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.6 Billion in 2023, and China, forecasted to grow at an impressive 8.9% CAGR to reach $4.0 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Residential Drinking Water Treatment Equipment Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Residential Drinking Water Treatment Equipment Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Residential Drinking Water Treatment Equipment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as 3M Company, Amway Corp., BRITA SE, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 37 Featured):
- 3M Company
- Amway Corp.
- BRITA SE
- Britannic Water Treatment Company W.L.L.
- Coolpix Pure Water System
- Coway Co. Ltd
- Ecowater Systems
- Eureka Forbes Ltd.
- Hindustan Unilever Limited
- KENT RO Systems Ltd.
- LG Electronics
- Livpure Smart Homes Pvt Ltd,
- Panasonic Malaysia Sdn Bhd.
- Ultra Tec Water Treatment LLC
- Watts Water Technologies, Inc.
- ;
Table of Contents
Companies Mentioned
- 3M Company
- Amway Corp.
- BRITA SE
- Britannic Water Treatment Company W.L.L.
- Coolpix Pure Water System
- Coway Co. Ltd
- Ecowater Systems
- Eureka Forbes Ltd.
- Hindustan Unilever Limited
- KENT RO Systems Ltd.
- LG Electronics
- Livpure Smart Homes Pvt Ltd,
- Panasonic Malaysia Sdn Bhd.
- Ultra Tec Water Treatment LLC
- Watts Water Technologies, Inc.
- ;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 277 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 13.3 Billion |
Forecasted Market Value ( USD | $ 19.2 Billion |
Compound Annual Growth Rate | 5.4% |
Regions Covered | Global |
No. of Companies Mentioned | 15 |