Authored By: Sarah
23 Nov 2021

Residential Water Purifier Market | Leading Segments, Trends, Drivers and Challenges
Market Segments and Growth Analysis 2021-2025

The Global residential water purifier market is expected to grow by $ 9.25 bn, accelerating at a CAGR of almost 9.33% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.


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Residential Water Purifier Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • The Residential Water Purifier Market is segmented by Product (multiple technology-based water purifier, RO water purifier, UV water purifier, and gravity-based water purifier), Distribution Channel (offline and online), and Geography (APAC, Europe, North America, South America, and MEA).
  • 77% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Residential Water Purifier Market size.

Residential Water Purifier Market Size to Grow by $ 9.25 bn through 2021-2025 | Leading Segments and Market Trends

Residential Water Purifier Market: Trends, Drivers, Challenges to impact growth

Our report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.

  • Product innovations with a focus on technological advancements will be a significant factor in driving the growth of the Residential Water Purifier Market.
  • Another factor that will boost the market will be the Increasing instances of waterborne diseases and deteriorating water supply quality.
  • Easy availability of packaged drinking water is a hurdle that needs to be crossed on the path to success.

Residential Water Purifier Market: Vendor Analysis

  • The market is fragmented.
  • The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
  • Amway Corp., Eureka Forbes Ltd., Haier Smart Home Co. Ltd., Honeywell International Inc., KENT RO Systems Ltd., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Unilever Group, and Whirlpool Corp. are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of almost 9.33%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 9.25 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Product innovations with a focus on technological advancements will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, Europe, North America, South America, and MEA are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    77% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Amway Corp., Eureka Forbes Ltd., Haier Smart Home Co. Ltd., Honeywell International Inc., KENT RO Systems Ltd., Koninklijke Philips NV, LG Electronics Inc., Panasonic Corp., Unilever Group, and Whirlpool Corp.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (multiple technology-based water purifier, RO water purifier, UV water purifier, and gravity-based water purifier), Distribution Channel (offline and online), and Geography (APAC, Europe, North America, South America, and MEA)
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