Dublin, April 05, 2022 (GLOBE NEWSWIRE) -- The "Global Residential Water Purifier Market, By Technology (RO, Media, UV, UF, others (nanofiltration, etc.)), By Sales Channel (Indirect and Direct), By Region, Competition, Opportunity and Forecast, 2017-2028" report has been added to ResearchAndMarkets.com's offering.
The Global Residential Water Purifier Market was valued at USD20783.78 million in the year 2021 and expected to grow with a CAGR of 13.43% to reach market value of USD43974.07 million by 2027F.
Increasing demand for purified water for drinking and surging demand for purifiers in residential areas are majorly driving the growth of the Global Residential Water Purifier Market in the upcoming five years. Moreover, deteriorating water quality across the globe is also anticipated to further substantiate the growth of the Global Residential Water Purifier Market in the future five years.
Increasing number of infectious diseases and their spread due to stagnant, polluted, and filthy water consumption, mostly in the regions with developing nations is expected to further aid the growth of the Global Residential Water Purifier Market in the forecast years. Consistent research and technological advancement to provide innovative products and their large-scale manufacturing to increase the production further aids the growth of the Global Residential Water Purifier Market in the forecast period.
Indirect sales are anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on grounds of surging demand for clean and purified water at home.
Moreover, with the increasing health concerns, the market is expected to boost water purifiers sales across the world with the rise in health issues caused by water-borne diseases such as Typhoid, Cholera, and Malaria.
Midea Group Co. Ltd., Coway Co. Ltd., Brita GmbH, A.O. Smith Corporation, Eureka Forbes Limited, Culligan International Company, BWT Holding GmbH, Unilever PLC, Panasonic Corporation, Kent R.O. Systems Limited, are among the major market players in the Global Residential Water Purifier Market.
Objective of the Study:
- To analyze the historical growth in the market size of the Global Residential Water Purifier Market from 2017 to 2021.
- To estimate and forecast the market size of the Global Residential Water Purifier Market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast the Global Residential Water Purifier Market based on technology, sales channel, regional distribution, and competitional landscape.
- To identify dominant region or segment in the Global Residential Water Purifier Market.
- To identify drivers and challenges for the Global Residential Water Purifier Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Global Residential Water Purifier Market.
- To identify and analyze the profile of leading players operating in the Global Residential Water Purifier Market.
- To identify key sustainable strategies adopted by the market players in the Global Residential Water Purifier Market.
Report Scope:
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Residential Water Purifier Market.
- Midea Group Co. Ltd.
- Coway Co. Ltd.
- Brita GmbH
- A.O. Smith Corporation
- Eureka Forbes Limited
- Culligan International Company
- BWT Holding GmbH
- Unilever PLC
- Panasonic Corporation
- Kent R O Systems Limited
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Residential Water Purifiers Market, By Technology:
- RO
- Media
- UV
- UF
- Others (Nanofiltration, etc.)
Residential Water Purifier Market, By Sales Channel:
- Indirect
- Direct
Residential Water Purifier Market, By Region:
- Asia-Pacific
- China
- India
- South Korea
- Japan
- Malaysia
- Vietnam
- Taiwan
- North America
- United States
- Canada
- Mexico
- Europe
- Russia
- Germany
- United Kingdom
- Spain
- Italy
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Nigeria
- Iran
- South America
- Brazil
- Colombia
- Argentina
For more information about this report visit https://www.researchandmarkets.com/r/xr03gb
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