Point-of-Use Water Treatment Systems Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Point-of-Use Water Treatment Systems Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Point-of-Use Water Treatment Systems Market

The point-of-use water treatment systems market size was valued at USD 19.58 billion in 2021, and the market is now projected to grow from USD 20.94 billion in 2022 to USD 36.54 billion by 2029, exhibiting a CAGR of 8.3% during the forecast period of 2022-2029.

The occurrence of the COVID-19 pandemic lead to an exceptional economic and operative impact on the worldwide point of use water treatment systems industry. But, the water treatment industry decreases under vital services, and the complete financial influence is considerably less than other manufacturing industries. To avoid the spread of coronavirus, governments across developed and developing economies enforced incomplete or complete lockdown.

Water-borne ailments are caused due to contaminations by pathogens such as protozoa, germs, infections, algae, parasitic worms, and other metal impurities. The drinking of pathogen & metal-contaminated water leads to ailments such as typhoid, diarrhea, chlorella, malaria, campylobacteriosis, lead harming, and others. These ailments spread while consumption, showering, laundry, or consumption of food contaminated by uncooked and unprocessed water. Furthermore, water campaigns led by numerous ecological agencies are distribution awareness about the fitness benefits of drinking and consuming clean water. Point of use water treatment systems can be efficiently implemented to develop the quality of everyday consumed water and prevent water-borne ailments which surges the point-of-use water treatment systems market growth.

The overview of the Internet of Things has allowed smart water purification systems to appear as a novel technological trend in the water purification industry. These smart filters are deliberately planned to substitute conventional reverse osmosis and ultraviolet water purification systems. They are dense and appropriate for use with smartphones. Water can be effortlessly distributed with just single click.

Comprehensive Analysis of Point-of-Use Water Treatment Systems Market

The market can be segmented in various ways, depending on the focus of analysis such as by product type, by category and by application. Based on product type, the market is segmented into countertop filters, under the counter filters, faucet-mounted filters, pitcher filters, and others. Based on category, the market is divided into RO filters, UV filters, gravity filters, and others. Based on application, the market is classified into non-residential or light commercial and residential.

Asia Pacific region is dominating the point-of-use water treatment systems market share due to prompt urbanization in the region which generates beneficial development opportunities for point of use water treatment systems.

The key players are enthusiastically contributing in planned events that are targeted at maintaining durable market position and growing market share by merger, partnerships and others. These players include A. O. Smith Corporation (U.S.), Brita LP (U.S.), Pentair PLC (U.S.), Culligan International Company (U.S.), Unilever PLC (U.K.), Panasonic Corporation (Japan), LG Electronics (South Korea), Helen of Troy Limited (U.S.), Best Water Technology Group (Austria), Kent RO Systems Ltd. (India), Coway Co. Ltd. (South Korea), Katadyn Group (Switzerland), Eureka Forbes Ltd. (India), Global Water Solutions Ltd. (U.S.), General Ecology Inc. (U.S.) these market players spending severely on research and development in order to arise with more new technology so that they can maintain and improve their existing market.

In October 2021, Pentair acquired Pleatco for almost USD 255 million. Pleatco is used to make water purification products for pools & spas. With this gaining, Pentair supports the circulation network through the U.S. and Europe.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2018-2029

Base Year 2021

Estimated Year 2022

Forecast Period 2022-2029

Historical Period 2018-2020

Unit Value (USD Billion)

Segmentation By Product Type, Category, Application, and Geography

By Product Type Under the Counter Filters

Counter Top Filters

Pitcher Filters

Faucet-mounted Filters

Others

By Category RO Filters

UV Filters

Gravity Filters

Others

By Application Residential

Light Commercial

By Geography

North America (By Product Type, By Category, By Application, By Country)

U.S. (By Application)

Canada (By Application)

Europe (By Product Type, By Category, By Application, By Country)

Germany (By Application)

U.K. (By Application)

France (By Application)

Italy (By Application)

Rest of Europe (By Application)

Asia Pacific (By Product Type, By Category, By Application, By Country)

China (By Application)

India (By Application)

Japan (By Application)

ASEAN (By Application)

Rest of Asia Pacific (By Application)

Latin America (By Product Type, By Category, By Application, By Country)

Brazil (By Application)

Mexico (By Application)

Rest of Latin America (By Application)

Middle East and Africa (By Product Type, By Category, By Application, By Sub-Region)

Middle East (By Application)

Africa (By Application)

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