Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Water Purifier Market_Written by Trisha
Global Water Purifier Market: Rising Prevalence of Water Pollution to Provide Tailwind
Innovative UV-Based Portable Water Purifiers to Elevate Scope for Water Purifier Market
Advent of Advanced Water Purification Technology to Offer Water Purifier Market a Sturdy Growth
Market Synopsis
Water Purifier Market Share, Size, Trends, And Business Opportunity Analysis Report 2019 include
historic data, with forecast data to 2025. Water Purifier Industry report is helpful for future strategy
development, and to know about Market Drivers, Restraints, Opportunities, And Global market size,
share, Growth, Trends, key players forecast to 2025.
As per a detailed analysis by Market Research Future (MRFR), the global water purifier market is
estimated to garner a CAGR of 9.50% during the forecast period (2018-2025). Water purifiers are
devices enabled to eradicate suspended solids, biological contaminants, toxins, bacteria, harmful gases
& chemicals, and other impurities from contaminated water, thus making it safe for drinking. Since a
decade, water purifiers have emerged as a key necessity for urban consumers due to the surging level of
water pollution.
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Market Potential and Pitfalls
The water purifier market has witnessed a tectonic surge over the past few years due to the rising
prevalence of waterborne diseases across the globe. The industrial development leading to water
pollution, growing level of disposable income, and rising health concerns among the consumers are
dictating the growth trajectory of the market. The dearth of fresh water and contamination of
freshwater streams have resulted in an immense scarcity of drinking water. Due to the low-standard
water recycling process, concerns associated with water contamination has escalated, thereby triggering
the demand for water purifiers across the globe. Contamination leads to diseases like cholera, typhoid,
and pneumonia. To minimize the toll of such diseases, the market for water purifiers is considered to
propel. Moreover, the emergence of advanced water purification technology is estimated to influence
the market growth. The launch of innovative UV-based portable water purifiers is further likely to
contribute to the market growth.
On the contrary, the surging demand for packaged drinking water is considered one of the major
restraining factors of the market. Also, low market penetration, especially in rural areas, is likely to curb
the growth of the market.
Water Purifier Market: Segmental Analysis
The water purifier market is segmented on the basis of product and end-user.
By mode of product, the water purifier market is segmented into UV water purifier, RO water purifier,
and activated carbon filters. Among thee, RO water purifiers acquire the lion’s share with 54% of the
market share. The segment is estimated to remain highly attractive due to the surging adoption of RO in
commercial as well as in residential sectors. The rising level of water pollution coupled with the rapid
industrialization and urbanization, is influencing the growth of the segment.