Water Purifier Market Revenue, Top Companies Sales, Market Regions, Industry Size, Growth Drivers, Technology Advancements and Global Trends

Water Purifier Market Overview:

The water purifier market is expected to be worth USD 175.54 billion by 2030, growing at an 17.58% CAGR between 2023 and 2030. The market is worth USD 66.43 Billion in 2023.

Increased water-borne infections have created a business boom in agricultural countries. It is also more successful than other water purifiers since it eliminates many impurities such as dissolved salts, heavy metals, bacteria, and pesticides. As a result, there is an increase in demand for RO water purifiers. Similarly, sulfate-free RO water is widely employed in many sectors, including pharmaceutical, food & beverage, semiconductor, and many others. The burgeoning middle class in emerging markets is driving growth in the water purifier industry. Rising income levels increase purchasing power among users and customers, eventually improving the quality of life. As a result, there has been a rise in interest in water filtration systems in these areas, which has aided in the growth of the water purifier market. The choice to use cleaning drills results from expanding worldwide concerns about welfare and development.

Recent developments:

• In June 2022, A. O. Smith announced the all-cash acquisition of Atlantic Filter Corporation, a water purifying business organization serving residential, commercial, and industrial applications.
• BWT Group announced a multi-year extension of its agreement with Formula 1 in July 2021. Water stations will be installed throughout the paddock and at the club.

Ask for Sample PDF Pages:

https://www.marketresearchfuture.com/sample_request/2178

This pandemic had a significant impact on most commercial sectors. Furthermore, some countries experienced a curfew-like scenario that halted economic activity. The industrial industries are experiencing various challenges due to the lockdowns, including a lack of raw materials, a manpower shortage, and supply chain disruptions. The temporary suspension of water purifier production results in lower product demand and disruptions in component supply. As a result, the pandemic has significantly influenced the market. Furthermore, the development of new technology in water purifiers, as well as government attempts to abolish lockdowns, contribute to the expansion of the water purifier market.

Water Purifier Market segmentation:

The worldwide water purifier market has been segmented by device, product, and end-user.

According to the device:

• Countertop
• Wall-mounted
• Tabletop
• Under-the-sink (UTS)
• Faucet-mounted

According to the product:

• UV water purifiers
• RO water purifiers
• Activated carbon filters

According to the end-user:

• Commercial
• Residential
• Industrial

Market Size 2022	USD 56.5 billion
Market Size 2023	USD 66.43billion
Market Size 2030	USD 175.54 billion
Compound Annual Growth Rate (CAGR)	17.58% (2023-2030)
Base Year	2022
Market Forecast Period	2023-2030

Browse Complete Premium Research Details:

https://www.marketresearchfuture.com/reports/water-purifier-market-2178

Water Purifier Market Regional analysis:

The water purifier market is segmented geographically into four major regions: Europe, Asia-Pacific, North America, and the Rest of the World.

Asia-Pacific is the market leader because of the high population density in rising nations such as China and India. The market has been growing in the previous two to three years due to the growing business sector, increased desire for filtered water, and government efforts. Water purifiers are quite popular in India. India’s growing population, fast-increasing economy, and government attempts to promote clean water are driving market expansion.

North America is expected to have the highest market share due to increased demand for home products, expanding population, and a lack of clean water. Rising public awareness of water-borne illnesses and the growing requirement for effective water usage throughout society are driving the market in this area.

• Increase in per capita disposable income of Asia-pacific countries
• Rapidly developing economy Government initiatives for pure water Growing population

“Buy Now Water Purifier Market Report” and Drive Gateway to New Possibilities That Can Enrich Your Business Decision.

Related Reports:

Produced Water Treatment Market Research Report Information By Well Type (Land, Offshore), By Treatment (Chemical, Physical, Membrane), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

Packaged Water Treatment System Market Research Report Information Report by Type (Extended Aeration, MBR, MBBR, Reverse Osmosis, SBR and Others), By Application (Industrial, Municipal and others) and by Region – Global Forecast to 2030

Americas Packaged Water Treatment System Market Research Report Information Report by Type (Extended Aeration, MBR, MBBR, SBR, Reverse Osmosis, Others), by Application (Municipal, Industrial and Others) and By Regions (North America and Latin America) – Forecast To 2030

About Market Research Future:

Market Research Future (MRFR) is a global market research company that takes pride in its services, offering a complete and accurate analysis regarding diverse markets and consumers worldwide. Market Research Future has the distinguished objective of providing the optimal quality research and granular research to clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help answer your most important questions.

Related Post
5G Technology Market: Trends 2023 Updated Business Statistics and Research Methodology | Qualcomm Technologies Inc.
Digital TV Market Analysis, Trends, and Size will grow USD 220 billion by 2030
Network Function Virtualization Market worth USD 42.45 Billion, growing at a 22.90% CAGR by 2032 – Report by Market Research Future (MRFR)
Cornmeal Market to Reach $1.0379 Billion, Globally, by 2030 at 3.79% CAGR: MRFR
Global Vertical Farming Market is projected to reach at USD 25.1 Billion by 2030, at a CAGR of 23.3% during the forecast period 2022-2030.