Global Residential Water Purifier Market 2024-2028
The residential water purifier market is forecasted to grow by USD 13.43 bn during 2023-2028, accelerating at a CAGR of 10.35% during the forecast period. The report on the residential water purifier market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growth of online and omnichannel retailing, increasing demand due to growing urbanization, and increasing penetration of low-cost residential water purifiers.
Technavio's residential water purifier market is segmented as below:
By Technology
- Multiple technology-based water purifier
- RO water purifier
- UV water purifier
- Gravity-based water purifier
By Distribution Channel
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies product innovations with a focus on technological advancements as one of the prime reasons driving the residential water purifier market growth during the next few years. Also, growing demand for premium products and the adoption of digital and social media as part of marketing strategies will lead to sizable demand in the market.
The report on the residential water purifier market covers the following areas:
- Residential water purifier market sizing
- Residential water purifier market forecast
- Residential water purifier market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading residential water purifier market vendors that include 3M Co., Amway Corp., Aquafresh RO System, AQUAPHOR International OU, Berkshire Hathaway Inc., BRITA SE, BWT Holding GmbH, Coway Co. Ltd., Culligan International Co., General Electric Co., Haier Smart Home Co. Ltd., Helen of Troy Ltd., Honeywell International Inc., ispring water system LLC, KENT RO Systems Ltd., Koninklijke Philips N.V., LG Electronics Inc., Panasonic Holdings Corp., Pentair Plc, and Unilever PLC. Also, the residential water purifier market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.