Water Softeners Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
The global water softeners market size reached US$ 3.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2028, exhibiting a growth rate (CAGR) of 6.18% during 2022-2028.
Hard water contains a high concentration of calcium, magnesium ions and several dissolved metals, including zinc, iron, barium, aluminum, strontium, and manganese. It negatively impacts household activities, such as cleaning, dishwashing, and laundering. As its consumption also has a detrimental effect on human health, there is a rise in the application of water softeners in the residential and commercial sectors worldwide. Water softeners assist in purifying and softening hard water by filtering it through resin or zeolite, thereby preventing the formation of insoluble scale or precipitates in pipes and tanks and extending the lifetime of plumbing pipes and fittings.
Water Softeners Market Trends:
Salts present in hard water can result in cancer, cardiovascular diseases, and the development of kidney stones. This, coupled with the rising awareness among individuals pertaining to health hazards caused by hard water, represents one of the key factors facilitating the growth of the market. Additionally, increasing industrial activities on account of rapid urbanization and the growing adoption of water softeners in numerous industry verticals, such as textile, chemical, refineries and food processing, are driving the market. They promote durability and enhance the operational life of different equipment. Furthermore, leading manufacturers are focusing on developing technologically advanced softening systems that help reduce wastage. These systems also aid in improving efficiency by reducing sodium and chloride content and making it suitable for all end use applications. Besides this, key players are considerably investing in promotional campaigns like celebrity endorsements to expand their overall reach. Some of the other factors impelling the growth of the market include the growing global population, increasing consumption of water and stringent policies implemented by governments of several countries.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global water softeners market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, operational type, process, distribution channel and end user.
Breakup by Type:
Salt-based Water Softener
Salt-free Water Softener
Breakup by Operational Type:
Electric
Manual
Breakup by Process:
Ion Exchange
Distillation
Reverse Osmosis
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Specialty Stores
Online Stores
Others
Breakup by End User:
Residential
Municipal
Industrial
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3M Company, A. O. Smith Corporation, Axel Johnson Inc., Canature Health Technology Group Co. Ltd., Culligan International, EcoWater Systems LLC, Haier Inc., NuvoH2O, Pentair plc, US Water Systems Inc., Watts and Whirlpool Corporation.
Key Questions Answered in This Report:
How has the global water softeners market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global water softeners market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the operational type?
What is the breakup of the market based on the process?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global water softeners market and who are the key players?
What is the degree of competition in the industry?