Global Packaged Water Treatment System Market to Reach $58.7 Billion by 2030
The global market for Packaged Water Treatment System estimated at US$31.4 Billion in the year 2023, is expected to reach US$58.7 Billion by 2030, growing at a CAGR of 9.3% over the analysis period 2023-2030. Extended Aeration Water Treatment System, one of the segments analyzed in the report, is expected to record a 10.3% CAGR and reach US$21 Billion by the end of the analysis period. Growth in the Moving Bed Biofilm Reactor (MBBR) Water Treatment System segment is estimated at 9.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $8.2 Billion, While China is Forecast to Grow at 12.7% CAGR
The Packaged Water Treatment System market in the U.S. is estimated at US$8.2 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$13.6 Billion by the year 2030 trailing a CAGR of 12.7% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 7.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$9 Billion by the year 2030.
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