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Residential Water Treatment Equipment Market : Global Demand Analysis & Opportunity Outlook 2023

Published On : 05:04 AM, 23rd April, 2018 REP-ID-204 Category: Chemicals and Materials

Global Residential Water Treatment Equipment Market Overview

Residential water treatment refers to the treatment of used water to make it suitable for reuse. The process removes the contamination of water and makes it suitable for end use. The urgent need of residential water treatment is raised due to the increasing industrial and environmental pollution around the globe. Due to excessive wastage of water most of the nations across the globe are facing water scarcity. Due to the contaminated drinking water supplied by the municipal corporations the consumers are moving towards the adoption of residential water treatment plant. Contaminated water can be treated by physical, chemical, or biological process, contamination of water causes severe illness such as diarrhoea, liver damage etc.

                    Residential Water Treatment Equipment Market Demand And Revenue Opportunity

Market Size & Forecast

The global residential water treatment equipment market is anticipated to expand with a compound annual growth rate of 13% over the period of forecast owing to the increasing adoption of residential water treatment plants across the globe

Asia-Pacific region is anticipated to project a robust growth over the period of forecast witnessing a compound annual growth rate of 16%. The region is severely affected by the shortage of water supply, rapid growth in economy of countries such as India and China and increasing personal disposable income of the consumers will shift the market towards the adoption of residential water treatment plant and this further propel the growth of residential water treatment equipment market over the forecast period. Further, governments in Asia Pacific countries are focusing on creating awareness about the adoption of water treatment systems to meet the increased demand of power supply in the region.

North-America market is expected to expand with a higher momentum owing to the taste, odour and rising expectations on drinking water quality. U.S is anticipated to provide major boost to the market. The Safe Drinking Water Act (SDWA) was established in 1974 to protect the quality of drinking water in the U.S. SDWA regulates the design, management, and operation of POE and POU equipments used in compliance with maximum containment level.

Poor water quality, and increasing demand of water supply due to increase in the population are some factors that will attract the consumer towards the adoption of residential water treatment plant across the globe.

Market Segmentation

By Product Type

By product, residential water equipment market is segmented into following categories:-

  • Point-of-use
  • Point-of-entry

By Equipments

On the basis of equipments used in residential water treatment, the market can be segmented into following categories:-

  • Membrane equipment
  • Filtration equipment
  • Disinfection equipments
  • Thermal distillation equipments
  • Evaporators

By Region

Global Residential Water Treatment Equipment Market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Western and Eastern Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, Rest of Western Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of Asia) Market size, Y-O-Y growth & Opportunity Analysis
  • Middle East and Africa

Growth Drivers and Challenges

Growing concern over potable water purity and increasing awareness on the benefits of water treatment are driving the residential water treatment equipment market.

Low consumer confidence in municipal water treatment systems and increasing environmental concerns among the consumers are expected to be the key factor behind the rapid adoption of residential water treatment plant and this will further increase the demand of residential water treatment equipment over the period of forecast.

Various new technology are emerging in water treatment industry such as desalination and nanotechnology, until such technologies can be implemented to large scale adoption of these technology in small units or residential water treatment will boost the growth of global residential water treatment equipment across the globe.

Use of mineral water bottle is likely to restrain the growth of residential water treatment equipment market over the period of forecast.

Key Players

  • Amway
  • Aquionics
  • Bajaj Electricals
  • Best Water Technologies
  • Brita
  • Canature
  • Chanson Water
  • Culligan
  • Duskin
  • Ecowater
  • Elken
  • Eureko Forbes

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

  • By Product Type Market Size & Y-O-Y Growth Analysis
  • By Equipments Market Size & Y-O-Y Growth Analysis

By Regions

Global Residential Water Treatment Equipment Market has been studied on countries and regions like:

  • North America (U.S., Canada) Market Size & Y-O-Y Growth Analysis
  • Latin America (Mexico, Brazil, Rest of Latin America) Market Size & Y-O-Y Growth Analysis
  • Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size & Y-O-Y Growth Analysis
  • Asia-Pacific (China, India, Singapore, Japan, Australia & New Zealand & Rest of Asia) Market Size & Y-O-Y Growth Analysis
  • Middle East and North Africa (MENA) Market Size & Y-O-Y Growth Analysis
  • Rest of World  Market Size & Y-O-Y Growth Analysis

Market Dynamics

Supply & Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment

 

                     Key Answers Captured in Report?

Which geography would have better demand for product/services?
What are the strategies adopted by big players in the regional market?
Which country would see the steep rise in CAGR & year-on-year (Y-O-Y) growth?
What is the current & expected market size in next five years?
What is the market feasibility for long term investment?
What opportunity the country would offer for existing and new players in the market?
What is risk involved for suppliers in the geography?
What factors would drive the demand for the product/service in near future?
What is the impact analysis of various factors in the market growth?
What are the recent trends in the regional market and how successful they are?

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