Description
Water Purifier Market Analysis
Market Overview
Water purifiers are devices that clean water from sources like rivers, lakes, and wells for drinking. They eliminate dangerous bacteria and parasites and make the water safe to drink. Water purifiers are mostly used in homes and businesses and in areas affected by disasters or where drinking water is scarce. They are also called point-of-use water.
The WHO runs campaigns to educate people about health and safety, including the risks of drinking impure water. According to the WHO, poor water, sanitation, and hygiene cause 4 billion cases of diarrhea worldwide each year. Diseases like cholera, diarrhea, dysentery, and typhoid are linked to contaminated water consumption. The growing cases of these illnesses are driving the demand for water purifiers and filters.
Segment Overview
The global water purifier system market is divided into three segments based on product type: RO, UV, and activated carbon filters. The growing global population and urbanization drive the demand for safe drinking water, leading to an increase in the use of water purifiers.
The growing pharmaceutical industry also contributes to the rising demand for clean drinking water. The market is further segmented into residential and commercial end-use.
Regional Analysis
The Asia-Pacific region dominates the global water purifier market, particularly due to high population density in countries like China and India. The market has seen significant growth in recent years due to increasing commercial demand, preference for purified water, and government programs. The rising population in these regions is expected to further drive the market. India has a large demand for water purifiers, boosted by the developing economy, government initiatives for clean water, and growing population. The Government of India’s “”Jal Shuddhi”” program, for instance, aims to provide purified water to 47 million people in states like Punjab, Rajasthan, Andhra Pradesh, and Karnataka by installing purifiers in villages with contaminated water.
North America also holds a significant share of the global water purifier market driven by factors such as the growing demand for household products, scarcity of clean water, and growing population. The US is the largest market in North America, driven by the increasing awareness of water-borne diseases and growing concerns for optimal water use across society..
Major Players
Companies such as Panasonic Corporation (Japan), Xiaomi Inc. (China), A. O. Smith (US), Coway Co ltd (South Korea), and Unilever (UK) dominate the global market
Prominent players in the global water purifier market include Eureka Forbes (India), BWT AG (Austria), Culligan (US), EcoWater Systems LLC (US) and Brita LP (US).
COVID 19 Impacts
The COVID-19 pandemic has had a positive effect on the reverse osmosis (RO) water treatment system component market. According to the World Health Organization (WHO), the virus can spread quickly through drinking water and wastewater, causing increased adoption of RO water treatment systems during the pandemic.
Despite this, demand for water purification is expected to be lower in 2020 compared to pre-pandemic times.
The virus has not been found in drinking water supplies and the risk to water supplies is currently considered low. In areas without safe piped water and centralized water treatment systems, household water treatment technologies like ultrafiltration or nanomembrane filters and UV irradiation filters have proven effective in removing or destroying viruses.
The regional impact of the pandemic has varied, but it has greatly affected Asian, European, North and South American countries, and other regions. Each country has its own unique set of challenges, and water purifier manufacturers face difficulties such as reduced workforce, production challenges, and health safety concerns. A full recovery may take months after the pandemic subsides.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 17
1.1 MARKET ATTRACTIVENESS ANALYSIS 19
1.1.1 GLOBAL WATER PURIFIER MARKET, BY PRODUCT TYPE 20
1.1.2 GLOBAL WATER PURIFIER MARKET, BY END USE 21
1.1.3 GLOBAL WATER PURIFIER MARKET, BY REGION 22
2 MARKET INTRODUCTION 23
2.1 SCOPE OF THE STUDY 23
2.2 RESEARCH OBJECTIVE 23
2.3 MARKET STRUCTURE 24
2.4 KEY BUYING CRITERIA 24
3 RESEARCH METHODOLOGY 25
3.1 RESEARCH PROCESS 25
3.2 PRIMARY RESEARCH 26
3.3 SECONDARY RESEARCH 27
3.4 MARKET SIZE ESTIMATION 28
3.5 FORECAST MODEL 29
3.6 LIST OF ASSUMPTIONS & LIMITATIONS 30
4 MARKET INSIGHTS 31
5 MARKET DYNAMICS 33
5.1 INTRODUCTION 33
5.2 DRIVERS 34
5.2.1 INCREASING AWARENESS ABOUT WATER-BORNE DISEASES 34
5.2.2 TECHNOLOGICAL ADVANCEMENTS IN WATER PURIFIERS 34
5.2.3 DRIVERS IMPACT ANALYSIS 35
5.3 RESTRAINT 35
5.3.1 HIGH EQUIPMENT AND MAINTENANCE COSTS 35
5.3.2 RESTRAINT IMPACT ANALYSIS 36
5.4 OPPORTUNITY 36
5.4.1 INCREASING PER CAPITA DISPOSABLE INCOME IN ASIA-PACIFIC 36
6 MARKET FACTOR ANALYSIS 37
6.1 SUPPLY CHAIN ANALYSIS 37
6.1.1 RAW MATERIAL SUPPLY 37
6.1.2 MANUFACTURING 38
6.1.3 DISTRIBUTION 38
6.1.4 OPERATION & MAINTENANCE 38
6.2 PORTER’S FIVE FORCES MODEL 39
6.2.1 THREAT OF NEW ENTRANTS 39
6.2.2 BARGAINING POWER OF SUPPLIERS 40
6.2.3 THREAT OF SUBSTITUTES 40
6.2.4 BARGAINING POWER OF BUYERS 40
6.2.5 INTENSITY OF RIVALRY 40
6.3 IMPACT OF THE COVID-19 OUTBREAK ON GLOBAL WATER PURIFIER MARKET 41
6.3.1 OVERVIEW 41
6.3.2 IMPACT ON PRODUCTION 41
6.3.2.1 A.O. SMITH: 42
6.3.2.2 PENTAIR PLC: 42
6.3.2.3 3M.: 42
6.3.2.4 UNILEVER: 42
6.3.3 IMPACT ON SUPPLY CHAIN 42
6.3.4 IMPACT ON AVAILABILITY OF RAW MATERIAL 42
6.3.5 CASH FLOW CONSTRAINTS 43
6.3.6 IMPACT ON WORLD TRADE 43
7 GLOBAL WATER PURIFIER MARKET, BY PRODUCT TYPE 44
7.1 OVERVIEW 44
7.1.1 GLOBAL WATER PURIFIER MARKET ESTIMATES & FORECAST, BY PRODUCT TYPE, 2022–2030 45
7.2 RO WATER PURIFIERS 46
7.2.1 RO WATER PURIFIERS: MARKET ESTIMATES & FORECAST, BY REGION, 2022–2030 46
7.3 UV WATER PURIFIERS 47
7.3.1 UV WATER PURIFIERS: MARKET ESTIMATES & FORECAST, BY REGION, 2022–2030 47
7.4 ACTIVATED CARBON FILTERS 48
7.4.1 ACTIVATED CARBON FILTERS: MARKET ESTIMATES & FORECAST, BY REGION, 2022–2030 48
8 GLOBAL WATER PURIFIER MARKET, BY END USE 49
8.1 OVERVIEW 49
8.1.1 GLOBAL WATER PURIFIER MARKET ESTIMATES & FORECAST, BY END USE, 2022–2030 50
8.2 RESIDENTIAL 51
8.2.1 OFFLINE SALES 51
8.2.2 ONLINE SALES 51
8.2.3 RESIDENTIAL: MARKET ESTIMATES & FORECAST, BY REGION, 2022–2030 51
8.3 COMMERCIAL 52
8.3.1 OFFLINE SALES 52
8.3.2 ONLINE SALES 52
8.3.3 COMMERCIAL: MARKET ESTIMATES & FORECAST, BY REGION, 2022–2030 52
9 GLOBAL WATER PURIFIER MARKET, BY REGION 53
9.1 OVERVIEW 53
9.1.1 GLOBAL WATER PURIFIER MARKET ESTIMATES & FORECAST, BY REGION, 2022–2030 54
9.2 NORTH AMERICA 55
9.2.1 NORTH AMERICA WATER PURIFIER MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022–2030 56
9.2.2 US 57
9.2.3 CANADA 58
9.3 EUROPE 59
9.3.1 EUROPE WATER PURIFIER MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022–2030 60
9.3.2 GERMANY 61
9.3.3 UK 62
9.3.4 FRANCE 63
9.3.5 SPAIN 64
9.3.6 REST OF EUROPE 65
9.4 ASIA-PACIFIC 66
9.4.1 ASIA-PACIFIC WATER PURIFIER MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022–2030 67
9.4.2 CHINA 68
9.4.3 JAPAN 69
9.4.4 SOUTH KOREA 70
9.4.5 INDIA 71
9.4.6 SOUTHEAST ASIA 72
9.4.7 REST OF ASIA-PACIFIC 73
9.5 REST OF THE WORLD 74
9.5.1 REST OF THE WORLD WATER PURIFIER MARKET ESTIMATES & FORECAST, BY REGION, 2022–2030 75
9.5.2 LATIN AMERICA 76
9.5.3 MIDDLE EAST & AFRICA 77
10 COMPETITIVE LANDSCAPE 78
10.1 COMPETITIVE OVERVIEW 78
10.2 COMPETITIVE BENCHMARKING 79
10.3 MARKET SHARE ANALYSIS 81
10.4 KEY DEVELOPMENTS IN THE GLOBAL WATER PURIFIER MARKET 81
10.4.1 KEY DEVELOPMENTS: MERGERS & ACQUISITIONS 81
10.4.2 KEY DEVELOPMENTS: COLLABORATION 82
10.4.3 KEY DEVELOPMENTS: CONTRACTS & AGREEMENTS 83
10.4.4 KEY DEVELOPMENTS: PARTNERSHIP 83
10.4.5 KEY DEVELOPMENTS: EXPANSION 83
10.4.6 KEY DEVELOPMENTS: PRODUCT LAUNCH 84
11 COMPANY PROFILES 85
11.1 PANASONIC CORPORATION 85
11.1.1 COMPANY OVERVIEW 85
11.1.2 FINANCIAL OVERVIEW 86
11.1.3 PRODUCTS OFFERED 87
11.1.4 KEY DEVELOPMENTS 87
11.1.5 SWOT ANALYSIS 88
11.1.6 KEY STRATEGIES 88
11.2 COWAY CO., LTD. 89
11.2.1 COMPANY OVERVIEW 89
11.2.2 FINANCIAL OVERVIEW 89
11.2.3 PRODUCTS OFFERED 90
11.2.4 KEY DEVELOPMENTS 91
11.2.5 SWOT ANALYSIS 91
11.2.6 KEY STRATEGIES 91
11.3 XIAOMI INC. 92
11.3.1 COMPANY OVERVIEW 92
11.3.2 FINANCIAL OVERVIEW 92
11.3.3 PRODUCTS OFFERED 92
11.3.4 KEY DEVELOPMENTS 93
11.3.5 SWOT ANALYSIS 93
11.3.6 KEY STRATEGIES 93
11.4 A. O. SMITH (A. O. SMITH CORPORATION) 94
11.4.1 COMPANY OVERVIEW 94
11.4.2 FINANCIAL OVERVIEW 95
11.4.3 PRODUCTS OFFERED 95
11.4.4 KEY DEVELOPMENTS 96
11.4.5 SWOT ANALYSIS 97
11.4.6 KEY STRATEGIES 97
11.5 UNILEVER 98
11.5.1 COMPANY OVERVIEW 98
11.5.2 FINANCIAL OVERVIEW 99
11.5.3 PRODUCTS OFFERED 99
11.5.4 KEY DEVELOPMENTS 100
11.5.5 SWOT ANALYSIS 101
11.5.6 KEY STRATEGIES 101
11.6 EUREKA FORBES 102
11.6.1 COMPANY OVERVIEW 102
11.6.2 FINANCIAL OVERVIEW 103
11.6.3 PRODUCTS OFFERED 104
11.6.4 KEY DEVELOPMENTS 104
11.6.5 SWOT ANALYSIS 105
11.6.6 KEY STRATEGIES 105
11.7 BWT AG 106
11.7.1 COMPANY OVERVIEW 106
11.7.2 FINANCIAL OVERVIEW 106
11.7.3 PRODUCTS OFFERED 107
11.7.4 KEY DEVELOPMENTS 107
11.7.5 KEY STRATEGIES 107
11.8 CULLIGAN 108
11.8.1 COMPANY OVERVIEW 108
11.8.2 FINANCIAL OVERVIEW 108
11.8.3 PRODUCTS OFFERED 109
11.8.4 KEY DEVELOPMENTS 109
11.8.5 KEY STRATEGIES 109
11.9 ECOWATER SYSTEMS LLC 110
11.9.1 COMPANY OVERVIEW 110
11.9.2 FINANCIAL OVERVIEW 110
11.9.3 PRODUCTS OFFERED 111
11.9.4 KEY DEVELOPMENTS 111
11.9.5 KEY STRATEGIES 111
11.10 BRITA, LP 112
11.10.1 COMPANY OVERVIEW 112
11.10.2 FINANCIAL OVERVIEW 112
11.10.3 PRODUCTS OFFERED 113
11.10.4 KEY DEVELOPMENTS 113
11.10.5 KEY STRATEGIES 113
11.11 3M 114
11.11.1 COMPANY OVERVIEW 114
11.11.2 FINANCIAL OVERVIEW 115
11.11.3 PRODUCTS OFFERED 116
11.11.4 KEY DEVELOPMENTS 116
11.11.5 SWOT ANALYSIS 117
11.11.6 KEY STRATEGIES 117
11.12 PENTAIR PLC 118
11.12.1 COMPANY OVERVIEW 118
11.12.2 FINANCIAL OVERVIEW 119
11.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 120
11.12.4 KEY DEVELOPMENTS 120
11.12.5 SWOT ANALYSIS 121
11.12.6 KEY STRATEGIES 121
11.13 MITSUBISHI CHEMICAL CORPORATION 122
11.13.1 COMPANY OVERVIEW 122
11.13.2 FINANCIAL OVERVIEW 123
11.13.3 PRODUCTS OFFERED 124
11.13.4 KEY DEVELOPMENTS 124
11.13.5 SWOT ANALYSIS 125
11.13.6 KEY STRATEGIES 125
11.14 TORAY INDUSTRIES, INC. 126
11.14.1 COMPANY OVERVIEW 126
11.14.2 FINANCIAL OVERVIEW 127
11.14.3 PRODUCTS OFFERED 127
11.14.4 KEY DEVELOPMENTS 128
11.14.5 SWOT ANALYSIS 128
11.14.6 KEY STRATEGIES 128
11.15 KONINKLIJKE PHILIPS N.V. 129
11.15.1 COMPANY OVERVIEW 129
11.15.2 FINANCIAL OVERVIEW 130
11.15.3 PRODUCTS OFFERED 130
11.15.4 KEY DEVELOPMENTS 131
11.15.5 SWOT ANALYSIS 131
11.15.6 KEY STRATEGIES 131
11.16 ENMETEC GMBH 132
11.16.1 COMPANY OVERVIEW 132
11.16.2 FINANCIAL OVERVIEW 132
11.16.3 PRODUCTS OFFERED 133
11.16.4 KEY DEVELOPMENTS 133
11.16.5 KEY STRATEGIES 133
11.17 CARRIER MIDEA INDIA 134
11.17.1 COMPANY OVERVIEW 134
11.17.2 FINANCIAL OVERVIEW 134
11.17.3 PRODUCTS OFFERED 135
11.17.4 KEY DEVELOPMENTS 135
11.17.5 KEY STRATEGIES 135
11.18 KENT RO SYSTEMS LTD. 136
11.18.1 COMPANY OVERVIEW 136
11.18.2 FINANCIAL OVERVIEW 136
11.18.3 PRODUCTS OFFERED 137
11.18.4 KEY DEVELOPMENTS 139
11.18.5 KEY STRATEGIES 139
11.19 LIVPURE PVT. LTD. 140
11.19.1 COMPANY OVERVIEW 140
11.19.2 FINANCIAL OVERVIEW 140
11.19.3 PRODUCTS OFFERED 141
11.19.4 KEY DEVELOPMENTS 142
11.19.5 KEY STRATEGIES 142
11.20 SHENZHEN ANGEL DRINKING WATER EQUIPMENT CO., LTD. 143
11.20.1 COMPANY OVERVIEW 143
11.20.2 FINANCIAL OVERVIEW 143
11.20.3 PRODUCTS OFFERED 144
11.20.4 KEY DEVELOPMENTS 144
11.20.5 KEY STRATEGIES 144
11.21 NINGBO LAMO DRINKING WATER EQUIPMENT CO., LTD 145
11.21.1 COMPANY OVERVIEW 145
11.21.2 FINANCIAL OVERVIEW 145
11.21.3 PRODUCTS OFFERED 146
11.21.4 KEY DEVELOPMENTS 146
11.21.5 KEY STRATEGIES 146
12 APPENDIX 147
12.1 REFERENCES 147
