Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Water Purifier Market_Written by Trisha | Page 2

global water purifier market is considered to flourish.Moreover, the augmenting adoption among
households due to rising disposable income coupled with the performance efficiency provided by RO
water purifiers is predicted to foster the market growth. Also, the launch of innovative, UV-based
portable water purifiers is driving the global market during the review period.
On the flip side, rising demand for packaged drinking water is considered one of the major concerns
limiting the market growth to a certain extent. Moreover, low market penetration in the rural areas is
another major challengefaced by the players owing to the lack of awareness towards sanitation and
health.
Regional Insights
Geographically, the water purifier market span across regions namely, Europe, North America, The
Middle East & Africa, Asia Pacific, and Latin America.
Among these, the Asia Pacific region is anticipated to remain highly lucrative in the coming years owing
to the rising standard of living, rapid urbanization, and increased per capita income. Asia Pacific
occupied nearly 40% share of the global water purification market in 2017. Moreover, with the presence
of regions namely India and China, the market is likely to flourish. Besides, the presence of a large
consumer pool, market players are targeting these two economies for capturing a greater share of the
market.
The North American region is considered to occupy the second position during the appraisal period as
the region offer significant opportunities to the market players. The demand for water purifier has
increased in this region due to the increasing number of health-conscious consumers.
Industry Updates
January 08, 2019: Telecommunications giant China Mobile is trying to show everyday consumers the
value of blockchain by incorporating the technology into an ordinary household product.China Mobile’s
internet of things (IoT) unit has recently developed a water purifier which is built-in with a computing
chip and an IoT module. The water purifier will collect data on user behavior, which will be valuable to
the suppliers as well as the manufacturers.
Get Complete Report Details of Water Purifier Market @
https://www.marketresearchfuture.com/reports/water-purifier-market-2178
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