Global Water Purifiers Market Overview
The global water purifiers market is demonstrating notably positive growth. The increasing population is driving the demand for clean water. Increased urbanization increases usage of water purifiers, demanding clean and safe drinking water. The demand for drinking water has been increasing tremendously owing to the pharmaceuticals and cosmetics industry.
Market Research Future (MRFR) confirms that the global water purifiers market is estimated to demonstrate a voluminous growth worth USD 175.54 billion by 2030, registering a striking 17. 58% CAGR during the assessment period ((2023 - 2030). Growing usages of diverse product portfolios and the vast range of benefits of water purifiers have considerably contributed to the demand in the market.
Water, the elixir of life, sustains us in countless ways. Access to clean water is not only essential for hydration but also for cooking, cleaning, and overall well-being. As water quality concerns rise, the role of water filters becomes increasingly crucial.
Water filters are ingenious devices designed to remove impurities, contaminants, and undesirable substances from water. They act as guardians, ensuring that the water we consume is safe and pure, free from pollutants that may affect taste, odor, or even health.
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Key Players:
Some of the global water purifiers market leaders are
- Unilever
- O. Smith
- EcoWater Systems LLC
- Coway Co., Ltd.
- Panasonic Corporation
- Livpure Pvt. Ltd.
- KENT RO Systems Ltd
Technological Advancements:
Advances in water purification technologies have resulted in more efficient and cost-effective water purifiers. Innovations such as reverse osmosis, ultraviolet (UV) purification, and activated carbon filters have improved the effectiveness of water purification systems.
Types of Water Filters for Varied Needs
Water filters come in various types catering to specific needs. From faucet-mounted filters for easy access to pitcher filters for personal use, and under-sink systems for comprehensive purification, the diversity of options ensures there's a filter for every requirement.
Benefits of Using Water Filters
The benefits of water filters are manifold. They remove harmful substances like lead, chlorine, bacteria, and heavy metals. Filtered water tastes better and can enhance the flavor of beverages and cooking. Additionally, using filtered water can reduce plastic bottle waste, contributing to a more sustainable planet.
Environmental Impact and Sustainability
In a world conscious of environmental impact, using a water filter can significantly reduce the consumption of single-use plastic water bottles. By opting for filtered tap water, you're contributing to a greener planet and reducing plastic waste.
In conclusion, the journey through the world of water filters underscores the importance of informed choices for better health and sustainability. As you explore the wide array of options available, remember that every sip you take from a filtered glass is a step toward a brighter, healthier future.
Global Water Purifiers Market Segmentation
The study report is segmented into products, end-users, and regions.
- The product segment is sub-segmented into UV water purifiers, RO water purifiers, activated carbon filters, and others.
- The end-user segment is sub-segmented into residential and commercial.
- The Region segment is sub segmented into North America, Europe, Asia-Pacific, Rest of world.
Water Purifiers Market - Competitive Analysis
The global water purifiers market looks diversified and highly competitive, with the presence of several large and small players churning the competition in the market. Mergers acquisitions, collaborations, innovation, and brand reinforcement are the key trends of matured players. These key manufacturers strive to develop new products that can reach even higher efficiencies with lower or zero contaminations.
Industry/ Innovation/ Related News:
Sep. 10, 2021 – Havells, consumer durables major, announced its plan to acquire Eureka Forbes, eyeing a bigger play in the water purifier business in India. The buyout would help Havells gain a hefty boost in its negligible market share in the water purifier business. Currently, Forbes Co., a subsidiary of the listed entity, has initiated the process of demerging Eureka Forbes, seeking approval from the National Company Law Tribunal.
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