The global water purifier markets are expected to anticipated high growth in the forecoming years. Major factors driving growth of the global water purifier markets, rising cases of water born disease such as cholera, typhoid etc. In addition, increasing adoption of water purifier, rising demand from developing economies for clean water, launch of new product development for more efficient purification are factors driving growth of the global water purifier market.
The global water purifier market report has been segmented on the technology, accessories, end user, distribution channel and region.
On the basis of technology, the global water purifier market has been segmented into gravity purifier, RO purifier, UV purifier, sediment filter, water softener, and Others including UF, candle filter purifier, activated carbon filter purifier etc. The RO water purifier is estimated to account for significant market due to increase in water pollution and rapid urbanization & industrialization.
On the basis of accessories, the global water purifier market has been segmented into pitcher filter, under sink filter, shower filter, faucet mount, water dispenser, replacement filters, counter top, whole house, and others including adapter, pump etc. The replacement filters are estimated to account for significant market across globe due to high adoption for continuous process of filtration.
On the basis of end user, the global water purifier market has been segmented into industrial, commercial and residential. The residential end user segment is projected to register highest CAGR in the next five years due to rising consumer awareness regarding drinking water.
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On the basis of distribution channel, the global water purifier market has been segmented into e-commerce and retail stores. The e-commerce end user segment is projected to register highest CAGR in the next five years due to rising internet and smart phone penetration. However, retail store is expected to register significant market value owing to various convenience option to customer.
On the basis of region, the global water purifier markets segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
In 2017, Asia Pacific water purifier market is expected to account for major share in the global market in terms of revenue, and is expected to maintain its dominance over the forecast period, due to rising water pollution and increasing incidence of disease in countries in this region. However, the demand for water purifier in Middle East & Africa is expected to increase in the next five years.
Key players operating in the global water purifier market include Eureka Forbes Limited, Hindustan Unilever Limited, Kent RO Systems Ltd, Panasonic Corporation, Whirlpool Corporation, Mitsubishi Rayon Cleansui Co., Ltd, Tata Chemicals Ltd, Philips Electronics Ltd, Aquatech International Corporation, and A.O. Smith Corporation.