Water Purifier Market - By Product Type (Portable, Fixed), By Technology (UV Water Purifiers, RO Water Purifiers, Gravity Water Purifiers), By Capacity (Small, Medium, High), By Price, By Application, By Distribution Channel & Forecast, 2024 - 2032
Water Purifier Market - By Product Type (Portable, Fixed), By Technology (UV Water Purifiers, RO Water Purifiers, Gravity Water Purifiers), By Capacity (Small, Medium, High), By Price, By Application, By Distribution Channel & Forecast, 2024 - 2032
Global Water Purifier Market will witness over 7.5% CAGR between 2024 and 2032, driven by innovative launches from industry leaders. Companies are introducing advanced technologies and features to meet evolving consumer needs for clean and safe drinking water.
For instance, in March 2024, Livpure launched its latest Allura series of water purifiers, pledging to transform the Indian market with a comprehensive 30-month complimentary maintenance package. This endeavor targeted alleviating the difficulties linked with maintaining water purification systems, which can amount to expenses of up to Rs. 5000 per year for households. The lineup encompassed Allura Premia models and the Allura, accessible for purchase on prominent e-commerce platforms and designated retail outlets.
These innovations include enhanced filtration systems, smart connectivity options, and eco-friendly designs. As health consciousness grows and concerns about water contamination increase, consumers are increasingly seeking reliable and efficient purification solutions. This trend has propelled the market forward, creating opportunities for both established players and new entrants to capitalize on the rising demand for innovative water purifiers.
The overall Water Purifier Industry is classified based on the product type, technology, capacity, price, application, distribution channel, and region.
Portable water purifiers segment will undergo significant development from 2024 to 2032. As consumers increasingly prioritize convenience and access to safe drinking water on the go, portable purifiers have emerged as a popular choice. These compact devices offer versatility and reliability, catering to outdoor enthusiasts, travelers, and individuals living in areas with unreliable water sources. With their convenient size and efficient filtration capabilities, portable water purifiers are driving significant growth in the market as they fulfill the evolving needs of modern consumers.
The water purifier market share from the reverse osmosis water purifiers segment will register a noteworthy CAGR from 2024 to 2032. With increasing concerns about water contamination and the desire for safer drinking water, consumers are turning to RO purifiers for their highly effective filtration capabilities. RO technology removes a wide range of contaminants, including bacteria, viruses, and heavy metals, ensuring clean and pure drinking water. This heightened demand underscores the importance of RO purifiers in addressing water quality issues and meeting the evolving needs of health-conscious consumers.
Asia Pacific water purifier market will showcase a commendable CAGR from 2024 to 2032. The high demand in the region is driven by factors such as population growth, urbanization, and increasing awareness of waterborne diseases. Countries in this region face challenges related to water quality and contamination, leading to a growing need for reliable purification solutions.
With a focus on health and hygiene, consumers in Asia Pacific are increasingly investing in water purifiers to ensure access to safe and clean drinking water, fueling the expansion of the market in this region. For instance, in October 2023, the HOME SERVICES platform Urban Company unveiled a series of water purifiers branded as 'Native', marking the initiation of its pilot program for testing private-label consumer products. The Gurugram-based company devoted nearly two years to developing its range of consumer products.
Chapter 1 Methodology & Scope
1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast parameters
1.4 Data sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Industry 360 degree synopsis, 2018 - 2032
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Technology & innovation landscape
3.3 Key news and initiatives
3.4 Regulatory landscape
3.5 Impact forces
3.5.1 Growth drivers
3.5.1.1 Rising concerns about contaminants and water borne diseases