Dublin, Aug. 30, 2024 (GLOBE NEWSWIRE) — The “Water Purifier Market Report, Forecast by Technology, Distribution Channel, End User, Countries and Company Analysis 2024-2032” report has been added to ResearchAndMarkets.com’s offering.
The Global Water Purifier Market will reach US$ 105.05 billion by 2032, up from US$ 53.35 billion in 2023, with a CAGR of 7.82% between 2024 and 2032. The industry has grown significantly in recent years due to increased global awareness of the effects of water quality on health.
Raising Awareness of Water-Borne Diseases & Pollution
The strain on the water supplies that are available has grown as the population grows. Water distribution companies are under pressure to guarantee that residents have access to clean, safe water. But population growth has also put manufacturing businesses under more strain, which could result in serious water contamination. Due to the addition of hazardous minerals and chemicals, increasing industry and urbanization have severely damaged the water sources that are now accessible.
A growing number of water-borne illness outbreaks have been reported, particularly in emerging and underdeveloped nations in Asia, Latin America, and Africa. These diseases include cholera, typhoid, and campylobacterosis. In reality, according to WHO estimates, water-borne infections account for almost 1.5 million civilian deaths annually. As a result, both NGOs and governments are concentrating more on developing the infrastructure needed to supply the general people with clean water.
An increase in knowledge regarding filtered water
People are becoming more aware of the advantages of water purifiers as a result of growing awareness of the contaminants in the water supply and rising investment in creative marketing initiatives by water purifier firms. Increased sales at neighborhood stores in developing nations, the advent of digital advertising, and the steady supply of water purification goods made available through merchant services are all contributing to the rising need for water treatment solutions.
In developing nations like India and China, where a robust government initiative to raise public awareness about waterborne diseases has been launched by means of various public campaigns, the awareness of water purity and its benefits for rural areas is being promoted through a variety of public initiatives.
For instance, the Indian government is providing clean drinking water to villages throughout the nation with assistance from the World Bank. Workshops and events like the 2007 launch of the Consumer Awareness Programme (CAP) aim to educate consumers about issues related to water quality and stress the need of routinely inspecting internal plumbing systems to ensure that water is delivered in an appropriate quality.
North America Water Purifier Market
The goal of water purifiers in North America is to ensure that everyone has access to clean, safe drinking water. Even while municipal water sources are typically dependable, concerns about water quality, including toxins like lead, chlorine, bacteria, and other pollutants, have spurred the need for home water filtering devices. These systems aim to remove impurities and improve the overall flavor, odor, and quality of the water for residential and commercial use.
The use of networking and smart functions in water purifiers is becoming more and more common. Consumers are lured to devices that can be remotely monitored and controlled via mobile apps that provide real-time data on water quality, filter replacement notifications, and personalization options. With the growing emphasis on health and wellbeing, water purifiers that advertise health benefits like alkaline water or mineral enhancement are becoming more and more prevalent. These gadgets claim to improve water purity and nutritional value.
More and more individuals are using environmentally friendly water purifiers that minimize water waste and use sustainable materials. Reusable filter systems, energy-efficient operation, and little plastic packaging appeal to environmentally conscious consumers.
Researchers at CU Boulder developed a revolutionary membrane water filtration technology based on air bubbles in July 2023, which could aid in addressing the world’s water scarcity issues. Membrane filters remove pollutants and unwanted particles from water by pressurizing it through a sieve. It is unique because the novel membrane technique distills the water using a thin layer of air bubbles rather than sifting it. With this adjustment, the system performs better in terms of permeability and contaminant removal than traditional reverse osmosis systems.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 195 |
| Forecast Period | 2023 – 2032 |
| Estimated Market Value (USD) in 2023 | $53.35 Billion |
| Forecasted Market Value (USD) by 2032 | $105.05 Billion |
| Compound Annual Growth Rate | 7.8% |
| Regions Covered | Global |
Key Players Analysis:
- Panasonic Corporation
- Honeywell International Inc.
- AO Smith Corporation
- Unilever Plc
- Pentair
- Helen of Troy Limited
- Koninklijke Philips N.V
- 3M Corporation
Technology – Market breakup in 4 viewpoints:
- RO Purifier
- UV Purifier
- Gravity Purifier
- Others
Distribution Channel – Market breakup in 3 viewpoints:
- Retail Stores
- Direct Sales
- Online
End User – Market breakup in 2 viewpoints:
Countries – Market breakup in 25 viewpoints:
North America
Europe
- France
- Germany
- Italy
- Spain
- United Kingdom
- Belgium
- Netherland
- Turkey
Asia Pacific
- China
- Japan
- India
- South Korea
- Thailand
- Malaysia
- Indonesia
- Australia
- New Zealand
Latin America
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
For more information about this report visit https://www.researchandmarkets.com/r/2ldosh
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