6 Top Factors Impacting World Water Purifier Market

Top Investment Pockets Water Purifier Market Opportunity Analysis and Industry Forecast, 2016-2023 Global Opportunity Analysis and Industry Forecast, 2016-2023

Pages: 90 Tables: 31 Charts: 27

WATER PURIFIER MARKET Water Purifier Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $45.3 billion by 2022, registering a CAGR of 10.4% during the period 20162022. Asia-Pacific accounted for the highest share of the market in 2015. However, LAMEA is anticipated to witness the fastest CAGR of 13.5% during the forecast period. The growth in the region is primarily supplemented by the deteriorating quality of drinking water, growing industrialization & urbanization, and rising awareness towards waterborne diseases.

Access full summary at: https://www.alliedmarketresearch.com/water-purifier-market The market segmentation on the basis of technology includes gravity purifier, UV purifier, and RO purifier. RO purifiers accounted for a market share of around 63% in 2015 and the segment is estimated to grow at a prominent CAGR of 11.7% during the forecast period. Increasing adoption amongst households in developing economies owing to rising levels of disposable income and performance efficiency offered by RO water purifiers would fuel its market growth in the coming years. The market is likely to witness the launch of innovative, UV based portable water purifiers in near future, owing to the rising demand of easy to carry purifiers, driven by the increasing trend of outdoor activities, and work and leisure trips.

WATER PURIFIER MARKET

In terms of distribution channel, the market is divided into retail stores, direct, and online sales channels. The retail segment dominated the market in 2015, followed by direct selling which accounted for 14.7% of the overall market in 2015.

Packaged drinking water has gained prominence among customers due to its ease of availability and cost-effectiveness. Moreover, growing income levels, increasing health concerns and changing customers taste & preference is driving the demand of packaged drinking water market. The key players in this industry are Bisleri, PepsiCo, Coca Cola, Nestle Waters, and others. Â Download Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/1394 Â

WATER PURIFIER MARKET

Key findings of the study: • The demand for water purifiers is likely to increase rapidly due to increasing disposable income of the consumers in the Asia-Pacific and LAMEA. • Asia-Pacific is the highest revenue-generating region in the world water purifier market. Moreover, LAMEA is expected to witness the highest growth rate during 2016 - 2022.

• The deteriorating quality of water, growing industrialization & urbanization, and rising health awareness are the major driving factors of the market.

• The RO segment holds a prominent share of the overall market and is anticipated to witness a notable CAGR of 11.7% during the forecast period.

WATER PURIFIER MARKET

Top Factors Impacting World Water Purifier Market New Product Development Deteriorating Quality of Water Rising Demand from Developing Economies Marketing and Positioning Strategies Increasing Demand of Substitutes

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Water Purifier Market Key Segmentation

By Technology • Gravity Purifier • UV Purifier • RO Purifier

By End-User • Commercial • Residential

By Channels of Distribution • Retail Stores • Direct sales • Online

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By Geography

North America Europe Asia-Pacific LAMEA

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Key Players • • • • • • • • • •

Best Water Technology Group Brita Gmbh Tata Chemicals Panasonic Amway Corporation Aquasana Inc HaloSource Inc GE Water & Process Technologies Inc Eureka Forbes Limited Kent RO System Ltd.

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