The Global Water Purifier Market will reach US$ 105.05 billion by 2032, up from US$ 53.35 billion in 2023, with a CAGR of 7.82% between 2024 and 2032. The industry has grown significantly in recent years due to increased global awareness of the effects of water quality on health.
In developing nations like India and China, where a robust government initiative to raise public awareness about waterborne diseases has been launched by means of various public campaigns, the awareness of water purity and its benefits for rural areas is being promoted through a variety of public initiatives.
For instance, the Indian government is providing clean drinking water to villages throughout the nation with assistance from the World Bank. Workshops and events like the 2007 launch of the Consumer Awareness Programme (CAP) aim to educate consumers about issues related to water quality and stress the need of routinely inspecting internal plumbing systems to ensure that water is delivered in an appropriate quality.
The use of networking and smart functions in water purifiers is becoming more and more common. Consumers are lured to devices that can be remotely monitored and controlled via mobile apps that provide real-time data on water quality, filter replacement notifications, and personalization options. With the growing emphasis on health and wellbeing, water purifiers that advertise health benefits like alkaline water or mineral enhancement are becoming more and more prevalent. These gadgets claim to improve water purity and nutritional value.
More and more individuals are using environmentally friendly water purifiers that minimize water waste and use sustainable materials. Reusable filter systems, energy-efficient operation, and little plastic packaging appeal to environmentally conscious consumers.
Researchers at CU Boulder developed a revolutionary membrane water filtration technology based on air bubbles in July 2023, which could aid in addressing the world's water scarcity issues. Membrane filters remove pollutants and unwanted particles from water by pressurizing it through a sieve. It is unique because the novel membrane technique distills the water using a thin layer of air bubbles rather than sifting it. With this adjustment, the system performs better in terms of permeability and contaminant removal than traditional reverse osmosis systems.
Global Water Purifier Industry Overview
Water purifiers remove sediments and other impurities from the water, as well as minerals, bacteria, and viruses, as well as enhancing the water's flavor and aroma. They also make the water safer to drink and use for other purposes like bathing, cooking, and washing. Whole-house or point-of-entry filter systems and point-of-use systems are the two main types of water purifiers. The purifiers put at the building's water entrance point are known as point-of-entry systems. Water purification devices called 'point-of-use' systems are installed where water is used for human consumption. Installing point-of-entry and point-of-use filtration systems, which also eliminate bacteria and soften water, thoroughly purifies water.Growth drivers of Water Purifier Market
Raising Awareness of Water-Borne Diseases & Pollution
The strain on the water supplies that are available has grown as the population grows. Water distribution companies are under pressure to guarantee that residents have access to clean, safe water. But population growth has also put manufacturing businesses under more strain, which could result in serious water contamination. Due to the addition of hazardous minerals and chemicals, increasing industry and urbanization have severely damaged the water sources that are now accessible. A growing number of water-borne illness outbreaks have been reported, particularly in emerging and underdeveloped nations in Asia, Latin America, and Africa. These diseases include cholera, typhoid, and campylobacterosis. In reality, according to WHO estimates, water-borne infections account for almost 1.5 million civilian deaths annually. As a result, both NGOs and governments are concentrating more on developing the infrastructure needed to supply the general people with clean water.An increase in knowledge regarding filtered water
People are becoming more aware of the advantages of water purifiers as a result of growing awareness of the contaminants in the water supply and rising investment in creative marketing initiatives by water purifier firms. Increased sales at neighborhood stores in developing nations, the advent of digital advertising, and the steady supply of water purification goods made available through merchant services are all contributing to the rising need for water treatment solutions.In developing nations like India and China, where a robust government initiative to raise public awareness about waterborne diseases has been launched by means of various public campaigns, the awareness of water purity and its benefits for rural areas is being promoted through a variety of public initiatives.
For instance, the Indian government is providing clean drinking water to villages throughout the nation with assistance from the World Bank. Workshops and events like the 2007 launch of the Consumer Awareness Programme (CAP) aim to educate consumers about issues related to water quality and stress the need of routinely inspecting internal plumbing systems to ensure that water is delivered in an appropriate quality.
North America Water Purifier Market
The goal of water purifiers in North America is to ensure that everyone has access to clean, safe drinking water. Even while municipal water sources are typically dependable, concerns about water quality, including toxins like lead, chlorine, bacteria, and other pollutants, have spurred the need for home water filtering devices. These systems aim to remove impurities and improve the overall flavor, odor, and quality of the water for residential and commercial use.The use of networking and smart functions in water purifiers is becoming more and more common. Consumers are lured to devices that can be remotely monitored and controlled via mobile apps that provide real-time data on water quality, filter replacement notifications, and personalization options. With the growing emphasis on health and wellbeing, water purifiers that advertise health benefits like alkaline water or mineral enhancement are becoming more and more prevalent. These gadgets claim to improve water purity and nutritional value.
More and more individuals are using environmentally friendly water purifiers that minimize water waste and use sustainable materials. Reusable filter systems, energy-efficient operation, and little plastic packaging appeal to environmentally conscious consumers.
Researchers at CU Boulder developed a revolutionary membrane water filtration technology based on air bubbles in July 2023, which could aid in addressing the world's water scarcity issues. Membrane filters remove pollutants and unwanted particles from water by pressurizing it through a sieve. It is unique because the novel membrane technique distills the water using a thin layer of air bubbles rather than sifting it. With this adjustment, the system performs better in terms of permeability and contaminant removal than traditional reverse osmosis systems.
Water Purifier Company Analysis
Panasonic Corporation, Honeywell International Inc., AO Smith Corporation, Unilever Plc, Pentair, Helen of Troy Limited, Koninklijkem Philips N.V., and 3M Corporation are the leading companies in the water purifier market.Water Purifier Company News
- July 2023 - Water purifiers from Hindustan Unilever Limited (HUL)'s Pureit Revito Series were introduced. The water purifier preserves up to 70% of the water and adds necessary minerals like calcium and magnesium to the cleaned water. The filtration system and reverse osmosis membrane (ROM) have been updated, enabling the ROM to endure
- January 2023 - The UCL alumnus-founded company Water2 unveiled the Pod, an under-sink water filter that filters tap water down to 0.1 microns using silver ionization and activated carbon (one micron is equivalent to a thousandth of a millimetre). Beyond this size, particles cannot enter drinking water.
- November 2022 - Waterlogic Group Holding and Culligan International combined to establish a leader in sustainable and clean drinking water solutions.
Technology - Market breakup in 4 viewpoints:
- RO Purifier
- UV Purifier
- Gravity Purifier
- Others
Distribution Channel - Market breakup in 3 viewpoints:
- Retail Stores
- Direct Sales
- Online
End User - Market breakup in 2 viewpoints:
- Commercial
- Residential
Countries - Market breakup in 25 viewpoints:
North America
- United States
- Canada
Europe
- France
- Germany
- Italy
- Spain
- United Kingdom
- Belgium
- Netherland
- Turkey
Asia Pacific
- China
- Japan
- India
- South Korea
- Thailand
- Malaysia
- Indonesia
- Australia
- New Zealand
Latin America
- Brazil
- Mexico
- Argentina
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
The key players have been covered from 4 viewpoints:
- Business Overview
- Key Persons
- Recent Development & Strategies
- Financial Insights
Key Players Analysis:
- Panasonic Corporation
- Honeywell International Inc.
- AO Smith Corporation
- Unilever Plc
- Pentair
- Helen of Troy Limited
- Koninklijke Philips N.V
- 3M Corporation
Table of Contents
1. Introduction2. Research Methodology3. Executive Summary5. Global Water Purifier Market
4. Market Dynamics
6. Market Share Analysis
7. Technology
8. Distribution Channel
9. End User
10. Countries
11. Porter’s Five Forces Analysis
12. SWOT Analysis
13. Key Players Analysis
Companies Mentioned
- Panasonic Corporation
- Honeywell International Inc.
- AO Smith Corporation
- Unilever plc
- Pentair
- Helen of Troy Limited
- Koninklijke Philips N.V
- 3M Corporation
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
LOADING...
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 195 |
| Published | August 2024 |
| Forecast Period | 2023 - 2032 |
| Estimated Market Value ( USD | $ 53.35 Billion |
| Forecasted Market Value ( USD | $ 105.05 Billion |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
