Increasing Expat Population and Growing Residential Construction is driving the Market Growth during 2021-2028
According to the latest market study on'Middle East Residential Water Purifiers Market Forecast to 2028 - Covid-19 Impact and Regional Analysis - by Technology (RO Based, UV Based, Gravity UF, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others),” the market is expected to grow from US$ 616.83 million in 2021 to US$ 961.50 million by 2028; it is expected to grow at a CAGR of 6.5% from 2021 to 2028. The report highlights key factors driving the market growth along with an analysis of the prominent players and their progress in the market.
The residential water purifier is a device used to purify drinking water and functions using different technologies, such as activated carbon, UV technology, and reverse osmosis (RO), and helps provide purified and clean water to the consumers.
The increase in the presence of expats in the Middle East region is leading to an increased demand for an improved standard of living. The United Nations (UN) declared that access to clean, safe drinking water is a basic human right and is considered an essential step toward improving living standards worldwide. The expat population in the country is estimated to be 8.84 million, which is ~89% of the total population. Expat population in Qatar, Kuwait, and Bahrain is estimated to be 85.7%, 69.2%, and 52.0% of the total population, respectively. Thus, an increase in expat population is leading to an increased demand for clean and safe drinking water, which is driving the demand for residential water purifiers.
N M B Water Treatment L.L.C., Culligan International, Aqua Prince, Osmosis Water, Kinetico Incorporated, DKR Drinkatering Srl, Soprano Srl, Blupura Srl, Ultra Tec Water Treatment LLC, and RO Filter are among the key players operating in the Middle East residential water purifiers market.
The demand for residential water purifiers in the Middle East was increasing before the COVID-19 pandemic due to the increased usage of residential water purifiers by the growing expat population and the increased prevalence of water-borne diseases. Most of the residential water purifiers in the Middle East were imported. The COVID-19 pandemic adversely affected the consumer goods industry, with the shutdown of manufacturing facilities, challenges in procuring raw materials and components, and restrictions on logistic operations. The disruptions in the supply of raw materials to manufacturers and containment measures hampered the production of residential water purifiers, thus negatively impacting the market growth. The trade-related restrictions also impacted the import of residential water purifiers, which negatively impacted the Middle East residential water purifiers market. However, businesses are gaining ground as the government of the Middle East eased out the previously imposed restrictions. Furthermore, online shopping overall increased, and many residential water purifiers businesses are providing their products through the company’s website or through online retailer’s such as Amazon, thereby positively impacting the growth of the market.
The 'Middle East Residential Water Purifiers Market Analysis to 2028' is a specialized and in-depth study of the consumer goods industry, focusing on the Middle East residential water purifiers market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The Middle East residential water purifiers market is segmented on the basis of technology and distribution channel. Based on the technology, the market is segmented into RO based, UV based, gravity UF, and others. Based on the distribution channel, the Middle East residential water purifiers market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others.
Reasons to Buy
According to the latest market study on'Middle East Residential Water Purifiers Market Forecast to 2028 - Covid-19 Impact and Regional Analysis - by Technology (RO Based, UV Based, Gravity UF, and Others) and Distribution Channel (Supermarkets and Hypermarkets, Specialty Stores, Online Retail, and Others),” the market is expected to grow from US$ 616.83 million in 2021 to US$ 961.50 million by 2028; it is expected to grow at a CAGR of 6.5% from 2021 to 2028. The report highlights key factors driving the market growth along with an analysis of the prominent players and their progress in the market.
The residential water purifier is a device used to purify drinking water and functions using different technologies, such as activated carbon, UV technology, and reverse osmosis (RO), and helps provide purified and clean water to the consumers.
The increase in the presence of expats in the Middle East region is leading to an increased demand for an improved standard of living. The United Nations (UN) declared that access to clean, safe drinking water is a basic human right and is considered an essential step toward improving living standards worldwide. The expat population in the country is estimated to be 8.84 million, which is ~89% of the total population. Expat population in Qatar, Kuwait, and Bahrain is estimated to be 85.7%, 69.2%, and 52.0% of the total population, respectively. Thus, an increase in expat population is leading to an increased demand for clean and safe drinking water, which is driving the demand for residential water purifiers.
N M B Water Treatment L.L.C., Culligan International, Aqua Prince, Osmosis Water, Kinetico Incorporated, DKR Drinkatering Srl, Soprano Srl, Blupura Srl, Ultra Tec Water Treatment LLC, and RO Filter are among the key players operating in the Middle East residential water purifiers market.
Impact of COVID-19 Pandemic on Middle East Residential Water Purifiers Market
The demand for residential water purifiers in the Middle East was increasing before the COVID-19 pandemic due to the increased usage of residential water purifiers by the growing expat population and the increased prevalence of water-borne diseases. Most of the residential water purifiers in the Middle East were imported. The COVID-19 pandemic adversely affected the consumer goods industry, with the shutdown of manufacturing facilities, challenges in procuring raw materials and components, and restrictions on logistic operations. The disruptions in the supply of raw materials to manufacturers and containment measures hampered the production of residential water purifiers, thus negatively impacting the market growth. The trade-related restrictions also impacted the import of residential water purifiers, which negatively impacted the Middle East residential water purifiers market. However, businesses are gaining ground as the government of the Middle East eased out the previously imposed restrictions. Furthermore, online shopping overall increased, and many residential water purifiers businesses are providing their products through the company’s website or through online retailer’s such as Amazon, thereby positively impacting the growth of the market.
The 'Middle East Residential Water Purifiers Market Analysis to 2028' is a specialized and in-depth study of the consumer goods industry, focusing on the Middle East residential water purifiers market trend analysis. The report aims to provide an overview of the market with detailed market segmentation. The Middle East residential water purifiers market is segmented on the basis of technology and distribution channel. Based on the technology, the market is segmented into RO based, UV based, gravity UF, and others. Based on the distribution channel, the Middle East residential water purifiers market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others.
Reasons to Buy
- Highlights key business priorities to assist companies realign their business strategies
- Features key findings and crucial progressive industry trends in the Middle East residential water purifiers market, thereby allowing players to develop effective long-term strategies
- Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets
- Scrutinizes in-depth market trends as well as key market drivers and restraints
- Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals
Table of Contents
1. Introduction
3. Research Methodology
4. Middle East Residential Water Purifiers Market Landscape
5. Middle East Residential Water Purifiers Market - Key Market Dynamics
6. Middle East Residential Water Purifiers Market- Analysis
7. Middle East Residential Water Purifier Market Analysis - By Technology
8. Residential Water Purifier Market Analysis - By Distribution Channel
9. Residential Water Purifier Market - Geographic Analysis
10. COMPANY PROFILES
11. Impact of COVID-19 Pandemic on Middle East Residential Water Purifiers Market
12. Appendix
List of Tables
List of Figures
Executive Summary
The Middle East residential water purifiers market is expected to grow from US$ 616.83 million in 2021 to US$ 961.50 million by 2028. It is expected to grow at a CAGR of 6.5% from 2021 to 2028.Residential water purifiers help in removing the excess salts, suspended particles, and microbes, as well as in retaining the essential vitamins and minerals present in the water
Based on the distribution channel, the Middle East residential water purifiers market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. In 2020, the specialty stores segment accounted for the largest revenue share in the Middle East residential water purifiers market. The specialty stores specialize in a specific product and provide a high-end shopping experience with unique features, such as high-level customer service, special discounts, and premium deals. The consumers who are brand conscious prefer to purchase residential water purifiers at specialty stores, as these stores provide products from many brands and the customers enjoy one-stop shopping. This factor is propelling the popularity of specialty stores among consumers for purchasing residential water purifiers in the Middle East.
The growing demand for residential water purifiers in the Middle East is due to the growing residential construction, which expands the customer base for the Middle East residential water purifiers market. According to a leading real estate investment and advisory firm JLL, the UAE residential sector was the highest performing construction sector in 2021, and the trend is likely to continue throughout 2022 with an increasing demand for residential units. Along with this, the focus of the government of various countries in the Middle East towards the development of the real estate sector has also led to an increase in residential construction. The Public Authority for Housing and Welfare in Kuwait is planning to build 250,000 housing units in the next 15 years, thereby expanding the customer base for residential water purifiers in the Middle East.
A few key players operating in the Middle East residential water purifiers market include N M B Water Treatment L.L.C., Culligan International, Aqua Prince, Osmosis Water, Kinetico Incorporated, DKR Drinkatering Srl, Soprano Srl, Blupura Srl, Ultra Tec Water Treatment LLC, and RO Filter. Players operating in the market are highly focused on developing high-quality and innovative product offerings to fulfill customers’ requirements.
The overall Middle East residential water purifiers market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. Also, multiple primary interviews have been conducted with industry participants to validate the data and gain more analytical insights into the topic. The participants of this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers—along with external consultants such as valuation experts, research analysts, and key opinion leaders—specializing in the Middle East residential water purifiers market.
Companies Mentioned
- N M B Water Treatment L.L.C.
- Culligan International
- Aqua Prince
- Osmosis Water
- Kinetic- Incorporated
- Dkr Drinkatering Srl
- Sopran- Srl
- Blupura Srl
- Ultra Tec Water Treatment LLC
- R- Filter
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 98 |
| Published | March 2022 |
| Forecast Period | 2021 - 2028 |
| Estimated Market Value ( USD | $ 616.83 Million |
| Forecasted Market Value ( USD | $ 961.5 Million |
| Compound Annual Growth Rate | 6.5% |
| Regions Covered | Middle East |
| No. of Companies Mentioned | 10 |
