Asia-Pacific Water Purifier Market – Share, Outlook, Trends, Size and Forecast (2024

Asia-Pacific Water Purifier Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Water filter market is growing, as the growing income of people, an increase in the standard of living, which will lead the growth of the market. As the water-borne diseases are increasing which in turn having the pathway for the growth of this market.

Asia Pacific Water Purifier Market Segment Size & Growth:

Asia Pacific water purifier market size is accounted as USD XX billion in 2017 and expected to grow at a CAGR o XX% to reach XX billion by 2024 during the forecast period 2018-2024.

As disposable income of the consumer is increasing, people are more interested in having a healthier lifestyle and purified water. For this reason increase in the growth in the water purification market can be seen. Increased incidence of waterborne diseases has led the water filtration industry growth. Improving concerns towards health is another major driver who is driving the water filtration market. Poor water quality is another reason for which people tend to buy a water filter, which in turn giving the boost to the water filter industry. Technological advancement and variation in the purifier market are one of the reasons as people are tending to buy more as there are more options and better product is available. As there is the availability of many substitutes this industry, the manufacturer is facing problems for this market. Increase in the number of unorganised players becomes the major restraint for this market.

Rising demand in the emerging market is one of the reasons this market has grown in future.

Asia-Pacific Water Purifier Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Rising disposable income, urbanisation, and the growing population, this will, in turn, lead the growth of the market during the forecast period.

Asia Pacific Water Purifier Market Size:

The Asia Pacific holds the largest market share. The Asia Pacific dominant the market, as the growing population, urbanisation, and the rising disposable income has led the market growth. As emerging economies per capita income is increasing, the consumers are intended to buy these kinds of products. Branding and advertisement play a major role. As there is a lot of variation among the manufacturers, people can choose from different varieties.

By technology type, the market is segmented into gravity purifiers, RO Purifiers, UV Purifiers, Sediment filter, Water Softener, and others. The RO water purifier has dominated the market with a market share of more than 48%. The efficiency of the reverse osmosis technology in eliminating water contaminants compared to gravity-based and UV water purifiers is a major driver for the growth of RO water purifiers. RO water purifiers kill microorganisms by destroying their cells along with eliminating turbidity. Regarding the end-user, the market is segmented into industrial, commercial, household. Regarding accessories, the market is segmented into pitcher filter, under sink filter, shower filter, faucet mount, mater dispenser, replacement filters, countertop, whole house, and others. Of these categories, the replacement filter segment is expected to transcend as the most lucrative segment with a CAGR of 9.62% over the period from 2018 to 2024.

Asia Pacific Water Purifier Market Trends:

Aug 28, 2017, EcoWater CHC, a division of

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Asia-Pacific Water Purifier Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

EcoWater Professional Products, manufacturer and FSA service provider for CHC Non-Chemical Cooling Tower water systems was recently acquired by Vortex CHC, LLC of San Antonio Texas. Vortex CHC is optimistic about the recent asset purchase of the CHC (Controlled Hydrodynamic Cavitation) technology.

Dec 15, 2017, Ion Exchange (India) Limited launched High Purity Water Generation product for the Pharma industry

Water Purifier Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and Global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market

Major key players are

3M Purification, Inc.
O. Smith Corporation
Aquatech International LLC
Best Water Technology
Brita, GmbH
Coway Co., Ltd.
Culligan International Company
EcoWater Systems LLC
Eureka Forbes Ltd.

Along with these companies, there were many other companies considered/cited in the report while analysing global water purifier market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

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