Water Purifier Market Growth, Size, Share, Trends, and Business Opportunities to 2026

The MarketWatch News Department was not involved in the creation of this content. Sep 06, 2020 (The Expresswire) — The globalWater Purifier Market Sizeis expected to reach USD 45.00 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period. The growing knowledge about the standards of drinking water […]

The MarketWatch News Department was not involved in the creation of this content.

Sep 06, 2020 (The Expresswire) —
The globalWater Purifier Market Sizeis expected to reach USD 45.00 billion by 2027, exhibiting a CAGR of 7.2% during the forecast period.

The growing knowledge about the standards of drinking water quality in the emerging nations will consequently foster the growth of the market during the forecast period. The advancement in water purification systems will enable speedy expansion of the market. Similarly, the implementation of point-of-entry and point-of-use filter systems to eliminate pathogens has led to the proliferation of the market. The rising utilization of water purifier for specific and general applications such as the conversion of raw water into safe and enhanced grade water will further uplift the water purifiers market share.

The perpetual innovation in technological processes involving ultra-violet, reverse osmosis, and gravity-based purifiers can be a vital factor augmenting the growth of the market. The emergence of smart water purifier with trailblazing technologies will incite the adoption of purifiers in residential and commercial sectors. For instance, in April 2019, Culligan International, a water treatment company based in the US announced the release of ClearLink Connect and Drinking Water Connect accessories. The newly launched accessories can be connected through a mobile app i.e., Culligan Connect, which enables the users to monitor their drinking water systems and remain notified.

The advent of technologically advanced smart water purifier will bolster healthy growth of the market, states Fortune Business Insights in a report, titled “Water Purifier Market Size, Share and Industry Analysis, By Product Type (Point-of-use Filters {Under the Counter Filters, Counter Top Filters, Pitcher Filters, Faucet-mounted Filters, and Others} and Point-of-entry Filters), By Category (RO Filters, UV Filters, Gravity Filters, and Others), By Application (Residential and Commercial) and Regional Forecast, 2020-2027”the market size stood at 25.71 billion in 2019. The introduction of user-friendly purifiers will spur demand in the foreseeable future.

Gain More Insights into the Water Purifier Market Research Report:

https://www.fortunebusinessinsights.com/water-purifier-market-103118

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List of the Leading Companies Profiled in Water Purifier Market Include:

  • A. O. Smith Corporation (USA)

  • Brita LP (USA)

  • Pentair PLC (USA)

  • Culligan International Company (USA)

  • Unilever PLC (UK)

  • Panasonic Corporation (Japan)

  • LG Electronics (South Korea)

  • Helen of Troy Limited (USA)

  • Best Water Technology Group (Austria)

  • Kent RO Systems Ltd. (India)

  • iSpring Water Systems LLC (USA)

  • The 3M Company (USA)

  • Honeywell International Inc. (Switzerland)

  • General Electric Company (USA)

  • Eureka Forbes Ltd. (India)


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Regional Analysis:

Increasing Awareness about Waterborne Diseases to Promote Growth in Asia Pacific

The market in Asia Pacific held the lion’s share in 2019 and is expected to lead the market during the forecast period. The growth in the region is attributed to rising awareness regarding the adverse health effects of waterborne diseases in the region. The rising investment by pre-eminent companies such as Brita LP, A.O. Smith Corporation in the Indian market will significantly enable the growth of the market in Asia Pacific. The rising adoption of water purifiers in Japan, South Korea, Australia, New Zealand, and others will boost the growth of the market in the region. Europe is predicted to hold a major share in the global market owing to the growing implementation of purifiers among the residents in countries such as Germany, the Uk, and France. The growing consumption of tap water will further enhance the growth of the market in Europe. According to the German Association of Energy and Water Industries, approximately 83% of Germans drinks tap water in regular practice or occasionally with an average consumption of nine liters per person per weak

Key Development
:

July 2019: Pentair PLC, a water treatment company announced that it has signed a partnership to acquire Pelican Water Systems, an eco-friendly water softener, and filter systems manufacturer. The agreement involved a transaction of US$ 120 million intending to expand its geographical footprints.

Detailed Table of Content:

  • Introduction

  • Executive Summary

  • Market Dynamics

  • Key Insights

  • Global Water Purifier Market Analysis, Insights and Forecast By Product Type, 2016-2027

  • Global Water Purifier Market Analysis, Insights and Forecast By Category, 2016-2027

Order a Complete Research Report:https://www.fortunebusinessinsights.com/checkout-page/103118

About Us:

Fortune Business Insights™offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

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Press Release Distributed by The Express Wire

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