Global water purifier market outlook by 2026-by

2021-11-29 03:39:41 By : Mr. Calvin Lam

October 26, 2021 09:58 ET | Source: Research and Market Research and Market

Dublin, October 26, 2021 (Global News Agency)-ResearchAndMarkets.com has added the "Global Water Purifier Market Outlook to 2026" report. Simply put, a water purifier is defined as a device used to purify harmful substances, chemicals, pathogens, microorganisms and other dissolved solids in water and make it easy to carry. It was recently added to a database named "Global Water Purifier Market Outlook to 2026", which provides in-depth insights into market size by value and quantity, and analyzes trends by type (countertops, sinks, faucet installations) and other factors. By technology (RO, UV, gravity-based, and others), by sales channel (online and offline), by region and country. According to recent reports by the United Nations and the World Health Organization, in developing countries, a child dies every 21 seconds due to water-borne diseases caused by drinking contaminated water. The situation is even worse in developing economies due to scarcity of fresh water, rapid population growth and increased pollution. Declining water quality is a serious global health hazard, leading to an increase in the demand for water purifiers. This is to help the market reach a value of more than $65 billion by the end of 2026, and in terms of volume, it is expected to grow at a compound annual growth rate of less than 10%. Earlier, water purification only included boiling it during rain to prevent any pollution. With the continuous increase in research and development, new innovations have appeared in water purifiers, and with the emergence of new pollutants in water bodies, the market is now full of options. Some of these pollutants include heavy metals such as zinc, lead, nickel, copper, cobalt, magnesium, cadmium, chromium or molybdenum, which can cause kidney stones or blood diseases. Simply boiling water is not the most effective solution. The purchase decision of a water purifier depends on the metal contaminants and hardness level in the water. Taking into account the fact that reverse osmosis water purifiers are safe, economical, and easy to maintain, this market segment occupies nearly half of the market share. Although it is the most effective purifier, it requires electricity and produces a lot of waste water, which makes it a debatable choice for extreme rural areas. On the other hand, the advantages of UV water purifiers are low power consumption and low maintenance costs. The UV water purifier segment market is expected to grow by 11.47%, which is still the lowest among the types of purifiers classified by technology. Although the rural population believes that the water purifier is a device that helps them obtain better quality drinking water, the urban population wants to ensure that it fits well into their kitchen decoration and adds elegance. This has driven the growth of the under-tank purifier segment, which reached USD 15.29 billion in 2015. By the end of the forecast period, the faucet water purifier type is expected to occupy nearly 20% of the market share. Most importantly, faucet-type purifiers may be an advantage in extreme rural areas, because in a small number of households there may be only one or two public faucets, using this type of purifier allows them to quickly obtain safe drinking water cost-effectively. Divided by sales channels, the market is divided into online and offline markets, of which offline sales channels account for nearly 90% of the market share, which is unmatched. This is attributed to the higher affinity of consumers because they are considered safe and sometimes allow consumers to taste the water before buying. In addition, retail stores have the additional advantage of instant gratification, which further increases their visibility. However, as millennials become decision makers, the growth of online sales channels is obvious and is expected to reflect a 17% growth rate during the forecast period. Obtaining at a cheaper cost is a factor driving the growth of the non-portable water purifier market. Due to its ability to purify and store large amounts of water, its permeability will increase in the coming years. From a regional perspective, Asia occupies the largest share of the market because this region has nearly 60% of the world's population. Major countries such as China, India, Vietnam, Thailand, Indonesia, the Philippines and Macau are some emerging markets for water purifiers. However, due to the increase in the penetration rate of water purifiers and the deterioration of water quality, Latin America and the Middle East and Africa are expected to show a downward trend in the next few years. The North American and European markets are maturing, witnessing the popularity and quality of drinking water. China, the United States and India are the top three countries in the global water purifier market, and the water purifier market in 2020 will exceed 16 billion U.S. dollars. These markets. The main players in the market are: 3M, AO Smith Corporation, Aquatech International LLC, Brita GmbH, BWT Holding Gmbh, Coway Company Limited, Culligan International Company, EcoWater System LLC, Eureka Forbes Limited, GE Appliances, Ion Exchange LLC, Kent RO System Ltd, Kinetico Inc., LG Electronics, Mitsubishi Rayon Cleansui Co. Ltd, Panasonic Corporation, Pentair PLC, Tata Chemicals Ltd., Unilever NV, and Whirlpool

The main topics covered: 1. Executive summary 2. Reporting methods 3. Market structure 3.1. Market consideration 3.2. Market Definition 4. Global Water Purifier Market Outlook 4.1. Market size by value and volume 4.2. Market share 4.2.1. According to product type 4.2.2. Press technology 4.2.3. According to sales channels 4.2.4. 4.2.5 by region. 4.2.6 by country. By company

5. North American water purifier market outlook 5.1. Market size by value and volume 5.2. Market share 5.3. The U.S. Water Purifier Market Outlook 5.4. Canadian water purifier market outlook 5.5. Mexico Water Purifier Market Outlook

6. European water purifier market outlook 6.1. Market size by value and volume 6.2. Market share 6.3. German water purifier market outlook 6.4. UK water purifier market outlook 6.5. French water purifier market outlook 6.6. Spanish water purifier market outlook 6.7. The Italian water purifier market outlook 6.8. Russia's water purifier market outlook

7. Asia Pacific Water Purifier Market Outlook 7.1. Market size by value and volume 7.2. Market share 7.3. China's water purifier market outlook 7.4. Japan's water purifier market outlook 7.5. India's water purifier market outlook 7.6. Australian water purifier market outlook 7.7. Vietnam's water purifier market outlook 7.8. Indonesia's water purifier market outlook 7.9. Korea Water Purifier Market Outlook

8. Latin America Water Purifier Market Outlook 8.1. Market size by value and volume 8.2. Market share 8.3. Brazil's water purifier market outlook 8.4. Argentina's water purifier market outlook 8.5. Colombian Water Purifier Market Outlook

9. Middle East and Africa water purifier market outlook 9.1. Market size by value and volume 9.2. Market share 9.3. UAE water purifier market outlook 9.4. Saudi Arabia's water purifier market outlook 9.5. South Africa Water Purifier Market Outlook

10. Market dynamics 10.1. Key drivers 10.2. Main challenges 11. Market trends and development 12. Competitive landscape 12.1. Porter's five forces model 12.2. Company profile 12.2.1. 3M 12.2.2. AO Smith Company 12.2.3. Aquatech International Limited Liability Company 12.2.4. Britta Ltd. 12.2.5. BWT Holdings Limited 12.2.6. Kewei Co., Ltd. 12.2.7. Culigan International 12.2.8. Ecological Water System Co., Ltd. 12.2.9. Eureka Forbes Ltd. 12.2.10. GE Electric 12.2.11. Ion Exchange Co., Ltd. 12.2.12. Kent Reverse Osmosis System Co., Ltd. 12.2.13. Kinetico Inc. 12.2.14. LG Electronics 12.2.15. Mitsubishi Rayon Cleansui Co. Ltd 12.2.16. Panasonic Corporation 12.2.17. Pentair PLC 12.2.18. Tata Chemical Co., Ltd. 12.2.19. Unilever NV 12.2.20. Whirlpool 13. Strategic recommendations 14. Disclaimer For more information on this report, please visit https://www.researchandmarkets.com/r/vmwdlg