The Residential Water Purifier Market is being driven by Growth of online and omnichannel retailing
The Residential Water Purifier Market is expected to grow at a CAGR of 10.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 15587.7 million. In the highly competitive Residential Water Purifier Market, leading companies are differentiating themselves through technological innovations. For instance, Amway Corp.'s eSpring Water Purifier incorporates UV-C LED technology, a significant advancement in water purification. Multi-stage purification technologies, such as RO+UV filters or RO+UV+UF filters, are key growth drivers. KENT RO's water purifier, which employs RO+UV+UF purification technology, is an example of this combination ensuring comprehensive contaminant removal, including germs.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
217 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.9% |
Market growth 2025-2029 |
USD 15587.7 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
9.9 |
Key countries |
China, India, Japan, South Korea, US, Australia, Canada, Germany, UK, and Mexico |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Residential Water Purifier Market caters to the removal of various contaminants such as fluoride, pesticides, and heavy metals, ensuring safe and high-quality consumption. It addresses taste and odor issues, manganese and iron removal, and filters out sediments and microplastics. Under-the-counter filters tackle cysts, radon, and bacteria, while purification systems provide chlorine reduction and viruses removal. Smart filters offer usage tracking and purification innovations. Affordable and portable filters, filtration systems, and clean solutions cater to diverse needs, with regulations ensuring purification standards for homes and travel.
The Residential Water Purifier Market is a segment of the larger Household Appliances industry, focusing on the production and sales of water purification systems. These systems employ various techniques such as gravity filter, flocculation, coagulation, filtration, softening, and both point-of-use (POU) and point-of-entry (POE) filters. The primary objective is to eliminate borne contaminants, ensuring the delivery of clean and safe water for household consumption. The market encompasses gravity-based purification systems, pitcher filters, and advanced filtration systems, all contributing to the overall growth of this sector within the Household Appliances industry.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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