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Point Of Use Water Treatment Systems Market Growth Analysis | 2023-2028
Point-of-Use Water Treatment Systems Market Size, Share, Trends, Dynamics, Forecast, & Growth Analysis: 2023-2028
The point-of-use water treatment systems market was estimated at USD 16.8 billion in 2022 and is likely to grow at a CAGR of 9.25% during 2023-2028 to reach USD 28.94 billion in 2028.
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A Point-of-Use Water Treatment System is a localized water purification device designed for treating water at the specific location where it is consumed. These systems are typically installed at the point of use, such as under the sink or attached to a faucet, to improve the quality of drinking water. They employ various technologies like activated carbon, reverse osmosis, or UV sterilization to remove impurities, contaminants, and microorganisms from the water.
Point-of-use systems are convenient for residential and commercial settings, providing a targeted solution to enhance the safety and taste of drinking water without requiring centralized treatment facilities.
Key factors driving the growth of the point-of-use water treatment systems market are:
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The point-of-use water treatment systems market is segmented as tabletop pitchers, faucet-mounted filters, countertop units, under-the-sink filters, and others. The faucet-mounted segment held the largest share of the market and is expected to remain dominant during the forecast period. The growth of the segment is due to its easy installation and its being comparatively cheaper than other devices. Also, it can be turned into an on-off position which allows users to collect drinking water at any time.
The market is segmented into reverse osmosis systems, ultrafiltration systems, distillation systems, disinfection methods, filtration methods, ion exchange, and others. The reverse osmosis systems are expected to remain dominant during the forecast period. The reason for its dominance can be attributed to the host of benefits offered, such as improvement of the color and taste of water, easy maintenance, ability to remove up to 99% of dissolved contaminants.
The point-of-use water treatment systems market is segmented as residential and non-residential. The non-residential segment includes commercial, industrial, healthcare educational institutes, and others. The segment dominates the market owing to an increase in population and growing awareness about the benefits of water treatment.
In terms of regions, Asia-Pacific is estimated to be the largest as well as the fastest growing market during the forecast period owing to the increasing per-capita income of countries and the presence of a large number of point-of-use water treatment systems manufacturers in China. The point-of-use water treatment systems market is mainly driven by an increase in population.
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Some of the major point-of-use water treatment system manufacturers are;
Note: The above list does not necessarily include all the top players in the market.
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This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s point-of-use water treatment systems market realities and future market possibilities for the forecast period of 2023 to 2028. After a continuous interest in our point-of-use water treatment systems market report from the industry stakeholders, we have tried to further accentuate our research scope to the point-of-use water treatment systems market to provide the most crystal-clear picture of the market. The report segments and analyses the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:
This report studies the market, covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.
The point-of-use water treatment systems market is segmented into the following categories:
By Device Type
By Technology Type
By Application Type
By Region
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With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Market Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com.
A point-of-use water treatment system is a localized water purification device designed for treating water at the specific location where it is consumed. These systems are typically installed at the point of use, such as under the sink or attached to a faucet, to improve the quality of drinking water. They employ various technologies like activated carbon, reverse osmosis, or UV sterilization to remove impurities, contaminants, and microorganisms from the water.
The point-of-use water treatment systems market was estimated at USD 16.8 billion in 2022.
The point-of-use water treatment systems market is likely to reach USD 28.94 billion in 2028.
The point-of-use water treatment systems market is likely to grow at a CAGR of 9.25% during 2023-2028.
Honeywell International Inc., Pentair plc, Panasonic Corporation, Unilever, LG Electronics Inc., Coway Co. Ltd., and Best Water Technology (BWT) AG are among the key players in the market.
The faucet-mounted segment is expected to remain dominant in the market in the coming years.
Asia-Pacific is expected to be the largest market during the next five years.
The growing demand for point-of-use water treatment systems is mainly due to advancements in the technologies in the water treatment industry, an increase in awareness about the advantages of water treatment, and a growing demand for potable drinking water.
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