Home Water Filtration Unit Market By Product Type (Water softeners, Ultraviolet purification systems, Sediment filters, Carbon filters, Acid neutralizers), By Sales Channel (Direct Sales, Indirect Sales): Global Opportunity Analysis and Industry Forecast,

Home Water Filtration Unit Market By Product Type (Water softeners, Ultraviolet purification systems, Sediment filters, Carbon filters, Acid neutralizers), By Sales Channel (Direct Sales, Indirect Sales): Global Opportunity Analysis and Industry Forecast, 2021-2031

The global home water filtration unit market size was valued at $3,672.6 million in 2021 and is estimated to reach $5,833.0 million by 2031, registering a CAGR of 4.9% from 2022 to 2031. The home water filtration market has experienced tremendous growth recently as a result of changes in lifestyles, particularly in metropolitan regions. The domestic authorities are compelled by the lack of drinking water to supply the populace with an adequate amount of water.

Home water filtration units penetration is significantly stronger in developed countries like the U.S. and Canada while large semi-urban and rural areas in developing nations like India and China remain untapped, Consequently, the need for a household water filtering system has increased, especially in metropolises and urban areas where the surface water sources are becoming increasingly contaminated by microorganisms and chemicals. Consumers' choices for technology-based residential water purification systems have significantly changed around the world as a result of growing knowledge of the negative effects of contaminated surface water and a decreasing supply of potable water. The popularity and demand for water filters on the international market have increased because of growing concerns over several waterborne diseases like E. Coli and cholera.

The preference of consumers has significantly changed in favor of long-term solutions like portable, affordably priced water filters. The value of ownership is an old idea where people tend to own things that could produce returns for a longer period of time. Domestic water filters are one example of this kind. The demand for time is a commodity as well as a necessity. It is not practical to purchase water in the long run. Therefore, it is anticipated that the global market for home water filtration units would circumvent these obstacles to boost customers' latent desires, particularly those from rural and semi-urban areas. For example, Kent introduced Kent Grand Plus and TDS controllers to guarantee the purest drinking water for household use. Products from Kent are the best home water filtration units for Indigenous conditions because they can be used with both natural groundwater and city water supplies with similar ease.

Asia-Pacific home water filtration units are expected to experience a growth at the highest CAGR during the forecast period. This is majorly attributed to rise in contamination of water due to a surge in urbanization and expansions of the industrial areas which generate high industrial waste materials. India and China are projected to offer profitable growth possibilities because waterborne sickness is on the rise in emerging economies. Stakeholders predict massive investments in water filtration technology in Asia-Pacific. 

The major players operating in the market focus on key market strategies, such as mergers, product launches, acquisitions, collaborations, and partnerships. Some of the key players in the home water filtration unit market industry include SUEZ Water Technologies & Solutions, Tata Chemicals Limited, Amway Corporation, A. O. Smith Corporation, Eureka Forbes Limited, Halo Source Inc., KENT RO Systems Ltd., LG Electronics, Panasonic Corporation and Brita GmbH.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the home water filtration unit market analysis from 2021 to 2031 to identify the prevailing home water filtration unit market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the home water filtration unit market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global home water filtration unit market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Product Type

Water softeners
Ultraviolet purification systems
Sediment filters
Carbon filters
Acid neutralizers

By Sales Channel

Direct Sales
Indirect Sales

By Region

North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Russia
Rest of Europe
Asia-Pacific
China
India
Japan
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
South Africa
Saudi Arabia
Rest of LAMEA

Key Market Players

SUEZ Water Technologies & Solutions
Tata Chemicals Limited
Amway Corporation
A. O. Smith Corporation
Eureka Forbes Limited
Halo Source Inc.
KENT RO Systems Ltd.
LG Electronics
Panasonic Corporation
Brita Gmbh

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