According to a market report by Lucintel, the future of the global water purifier market looks promising with opportunities in the portable and non portable markets. The global water purifier market is expected to reach an estimated $52.7 billion by 2030 with a CAGR of 7.1% from 2024 to 2030. The major drivers for this market are rising disposable income in emerging nations, increase in availability of safe water by municipalities, and rising need of water recycling treatments.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in water purifier market to 2030 by technology (uv, ro, and gravity based), portability (portable and non portable), application (residential, commercial, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, UV, RO, and gravity based are the major segments of water purifier market by technology. Lucintel forecasts that RO will remain the largest segment over the forecast period because it can remove dissolved materials from water up to 97%–98% by using a semi-permeable membrane, high water contamination levels and a sizable consumer base.
Within this market, non portable will remain the largest segment over the forecast period due to increase in adoption among households and corporate offices, hospitals, and others.
APAC will remain the largest region over the forecast period due to increasing prevalence of waterborne illnesses and rising consciousness of health risks in this region.
Halo Source, Kent Ro System, A. O. Smith Corporation, LG Electronics, Suez Water Technologies & Solutions, Panasonic Corporation, Tata Chemicals, Best Water Technology, Eureka Forbes, and Amway Corporation are the major suppliers in the water purifier market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]