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  • Point Of Use Water Treatment Systems Market Analysis | 2023-2028

    Point Of Use Water Treatment Systems Market Analysis | 2023-2028

    Point Of Use Water Treatment Systems Market Analysis | 2023-2028
    Report code - SRCG224 Delivery - 2 Weeks
    Point-of-Use Water Treatment Systems Market Size, Share, Trend, Forecast & Indust See more...

    Market Highlights

    The Point-of-Use Water Treatment Systems Market was estimated at US$ 10.93 billion in 2022 and is expected to grow at a CAGR of 9.25% during 2023-2028 to reach US$ 28.94 billion in 2028.

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    What is a Point-of-Use Water Treatment System?

    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.

    Market Drivers

    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.

    Segments Analysis

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    By Device Type

    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.

    By Technology Type

    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.

    By Application Type

    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.

    Regional Analysis

    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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    Key Players

    Some of the major point-of-use water treatment system manufacturers are-

    Research Methodology

    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 1,000 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 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both qualitative and quantitative insights.

    Report Features

    This report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

    What Deliverables Will You Get in this Report?

    Key questions this report answers

    Relevant contents in the report

    How big is the sales opportunity?

    In-depth Analysis of the Point-of-Use Water Treatment Systems Market 

    How lucrative is the future?

    The market forecast and trend data and emerging trends

    Which regions offer the best sales opportunities?

    Global, regional, and country-level historical data and forecasts

    Which are the most attractive market segments?

    Market Segment Analysis and Forecast

    Who are the top players and their market positioning?

    Competitive landscape analysis, Market share analysis

    How complex is the business environment?

    Porter’s five forces analysis, PEST analysis, Life cycle analysis

    What are the factors affecting the market?

    Drivers & challenges

    Will I get the information on my specific requirements?

    10% free customization

    Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players).
    • SWOT analysis of key players (up to 3 players).

    Market Segmentation

    • Current market segmentation of any one of the product types by application type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

    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

    Frequently Asked Questions (FAQs)

    The point-of-use water treatment systems market is expected to witness an impressive growth of 9.25% CAGR in the foreseeable future.

    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 point-of-use water treatment systems market.

    The Point-of-Use Water Treatment Systems Market is expected to reach US$ 28.94 billion in 2028.

    The faucet-mounted segment is expected to remain dominant in the point-of-use water treatment systems market in the coming years.

    Asia-Pacific is expected to be the largest point-of-use water treatment systems market during the next five years.