Water Purifier Market Segmentation By Technology (Chemical Based, UV Purifier and Membrane Based); By Mode of Operation (Under-Sink Filter, Faucet Mount, Replacement Filter, Shower Filter, Pitcher Filter, Whole House, Water Dispenser and Others); By Capacity (Residential and Commercial) and By End User (Household, Commercial and Industrial) – Global Industry Demand Analysis and Opportunity Assessment 2018-2027
Buy Now Report ID: 2360 | Published Date: Feb 09, 2023Global Water Purifier Market
Part 1 Market Definition and Research Methodology
• Market and product definition
• Research objective and methodology
Part 2 Executive Summary
Part 3 Market Dynamics
• Drivers
• Challenges
• Opportunities
Part 4 Global Water Purifier Market Overview
• Global Market Size and Forecast
• Global Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
o By Region
Part 5 North America Water Purifier Market Overview
• North America Market Size and Forecast
• North America Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• US Market Size and Forecast
• US Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Canada Market Size and Forecast
• Canada Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
Part 6 Latin America Water Purifier Market Overview
• Latin America Market Size and Forecast
• Latin America Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Brazil Market Size and Forecast
• Brazil Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Mexico Market Size and Forecast
• Mexico Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Argentina Market Size and Forecast
• Argentina Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Rest of Latin America Market Size and Forecast
• Rest of Latin America Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
Part 7 Europe Water Purifier Market Overview
• Europe Market Size and Forecast
• Europe Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Germany Market Size and Forecast
• Germany Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• UK Market Size and Forecast
• UK Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• France Market Size and Forecast
• France Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Italy Market Size and Forecast
• Italy Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Spain Market Size and Forecast
• Spain Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Sweden Market Size and Forecast
• Sweden Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Benelux Market Size and Forecast
• Benelux Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Nordic Market Size and Forecast
• Nordic Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Hungary Market Size and Forecast
• Hungary Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Poland Market Size and Forecast
• Poland Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Turkey Market Size and Forecast
• Turkey Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Russia Market Size and Forecast
• Russia Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Rest of Europe Market Size and Forecast
• Rest of Europe Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
Part 8 Asia Pacific Water Purifier Market Overview
• Asia Pacific Market Size and Forecast
• Asia Pacific Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• China Market Size and Forecast
• China Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• India Market Size and Forecast
• India Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Japan Market Size and Forecast
• Japan Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Australia Market Size and Forecast
• Australia Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• South Korea Size and Forecast
• South Korea Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Singapore Market Size and Forecast
• Singapore Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Malaysia Market Size and Forecast
• Malaysia Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Rest of Asia Pacific Market Size and Forecast
• Rest of Asia Pacific Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
Part 9 Middle East and Africa Water Purifier Market Overview
• Middle East and Africa Market Size and Forecast
• Middle East and Africa Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Israel Market Size and Forecast
• Israel Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Kuwait Market Size and Forecast
• Kuwait Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Oman Market Size and Forecast
• Oman Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Qatar Market Size and Forecast
• Qatar Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
o By End User
• Saudi Arabia Market Size and Forecast
• Saudi Arabia Market Segmentation
o By Technology
o By Mode of Operation
o By Capacity
By Technology
The global water purifier market has been segmented on the basis of technology into chemical based, UV purifier and membrane based. Membrane based segment with around 40% share in 2018, occupied the largest market share of water purifiers across the globe. Additionally, membrane based is anticipated to cross USD 23160.6 million by the end of 2027 by registering a CAGR of 7.0% over the forecast period. Further, the UV purifier segment is estimated to grow with the highest CAGR of 8.6% over the forecast period.
By Mode of Operation
Global water purifier market is also segmented on the basis of mode of operation into under-sink filter, faucet mount, replacement filter, shower filter, pitcher filter, whole house, water dispenser and others. Under-sink segment with around 20% share in 2018, occupies the largest market of water purifiers across the globe. Additionally, the under-sink filter segment is anticipated to cross USD 12999.8 million by the end of 2027 and is anticipated to flourish at a CAGR of 8.2% over the forecast period. Further, the faucet mount segment is estimated to grow with the highest CAGR of 8.8% over the forecast period.
The global water purifier market is segmented by regions into North America, Latin America, Europe, Asia-Pacific and Middle East and Africa. Among these regions, the market of Asia Pacific water purifiers is driven primarily by China and Japan, where China held the dominant market share of around 24.7% during 2018. The market in China is further anticipated to grow by a CAGR of 8.7% during the forecast period and attain an absolute $ opportunity of USD 3074.8 million throughout the assessment period. Additionally, the market in Asia Pacific is expected to expand by observing a growth rate of 1.99x over the forecast period, which in turn is estimated to have a positive effect on the demand for water purifier products in the long run.
Further, U.S. and Canada are the prominent countries that are driving the growth of the North America water purifiers market, where U.S. accounted for the largest market share of around 79% in 2018.
The study further incorporates Y-O-Y Growth, demand & supply and forecast future opportunity in North America (United States, Canada), Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX [Belgium, Netherlands, Luxembourg], NORDIC [Norway, Denmark, Sweden, Finland], Poland, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa).
Growth Indicators
The concern for health amongst individuals around the globe is raising the demand for foods that are healthy, which is also resulting in the increasing focus of food manufacturers to introduce new healthy food and beverage products, such as plant-based water, kombucha and functional beverages into the market. With the growing industry for healthy drinks and the related increase in the manufacturing of these products, coupled with the growing awareness amongst the people for the quality of ground water that is deteriorating consequently over the years are some of the factors anticipated to impel the growth of the water purifiers market.
Additionally, increasing incidences of water contamination in several parts of the world and the growing population around the world are some of the factors expected to propel the growth of the global water purifiers market.
Barriers
High price of water purifiers restricts the purchase of these products amongst the low- and middle-income group of individuals, especially in developing and under-developed nations, affecting the sales of the product. Moreover, many under-developed nations around the globe are yet unaware about the benefits of water purifiers. Such factors are expected to limit the growth of the global water purifier market around the globe.
Some of the affluent industry leaders in the global water purifier market are SUEZ worldwide, Evoqua Water Technologies LLC, A.O. Smith Corporation, Eureka Forbes, Strix Group, Culligan International Company, Brita GmbH, Mitsubishi Rayon Cleansui Co., Panasonic Corporation and Pentair Plc. Additionally, several other players are operating in the water purifier market worldwide and are expanding their services to gain an extra competitive edge in order to increase their revenues and market share in the global water purifier market.
October 2017: SUEZ worldwide announced that it has completed the acquisition of GE Water & Process Technologies with a deal value worth USD 3.96 billion.
May 2019: Evoqua Water Technologies LLC announced that it has acquired ATG UV Technology Limited, a deal which will help Evoqua to add to its UV offering segment and expand its services in the global water treatment market.
In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.
Author Credits: Abhishek Verma, Hetal Singh
Ans: Increasing concern for health amongst individuals, along with the increasing production of beverage manufacturers are some of the major factors that are driving the growth of the market.
Ans: The market is anticipated to attain a CAGR of 7.6% over the forecast period, i.e. 2019-2027.
Ans: With the presence of nations, such as U.S. and Canada, North America is anticipated to provide more business opportunities for the growth of the market in the future.
Ans: The major players in the global water purifier market are SUEZ worldwide, Evoqua Water Technologies LLC, A.O. Smith Corporation, Eureka Forbes, Strix Group, Culligan International Company, Brita GmbH, Mitsubishi Rayon Cleansui Co., Panasonic Corporation a
Ans: The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
Ans: The market is majorly segmented by technology, mode of operation, capacity, end user and by region.
Ans: The membrane based segment, which is a sub-segment of the product segment, held the largest market share of around 40% in the year 2018, is anticipated to show significant growth opportunity in the water purifier market.
Ans: High price of water purifiers and lack of awareness of product are some of the major factors anticipated to act as a barrier towards the growth of the global water purifier market.
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