POU Water Purifier Market Report

POU Water Purifier Market Report

POU Water Purifier Market Report
Report code - SRCG285 Delivery - 2 Weeks
POU Water Purifier Market Size, Share, Trend, Forecast, & Competitive Analysis: 2022-2 See more...

Market Insights

"The global POU water purifier market size was estimated at USD 16.02 billion in 2021 and is likely to grow at a CAGR of 9.08% during 2022-2028 to reach USD 29.56 billion by 2028."

POU-Water-Purifier-Market-Insights

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Point of use (POU) water purifiers are a type of water purification system which treats the water at a single tap. This type of filter is being commonly used at kitchen taps to provide clean and healthy drinking water. POU water purifiers can be easily and quickly installed with minimum modifications. POU purifier uses various technologies such as reverse osmosis (RO), ultrafiltration, distillation, disinfection, and filtration. Reverse Osmosis (RO) is one of the popular processes for water purification which helps to remove ions, unwanted molecules, and larger particles from the drinking water by using a partially permeable membrane.

POU Water Purifier Market Report Overview

Market Size in 2028

USD 29.56 Billion

Market Size in 2021

USD 16.02 Billion

Market Growth (2022-2028)

CAGR of 9.08%

Base Year of Study

2021

Trend Period

2016-2020

Forecast Period

2022-2028

Market Dynamics

Market Drivers

  • Rising occurrences of waterborne diseases and increasing awareness among customers are likely to boost the market.
  • Increasing demand for safe drinking water across geographies is likely to boost the product demand at a significant rate.
  • Rising occurrences of waterborne diseases and increasing awareness among consumers regarding health and hygiene coupled with increasing purchasing power are likely to add to the market growth.
  • In addition to this, an increase in the number of death due to the intake of polluted water particularly in emerging economies is likely to bolster the market growth significantly.
  • Increasing water scarcity in developing countries is likely to create lucrative opportunities for the players operating in the market.
  • However, the availability of substitutes is likely to affect the growth of the POU water purifier market.

COVID-19 Impact

The POU Water Purifier market has seen significant growth in the past few years. But the imposition of lockdown due to the unprecedented COVID-19 outbreak resulted in supply disruptions and closure of manufacturing facilities which affected the POU manufacturing and installation. However, some players did continue the manufacturing but with the minimal workforce in line with the rules and norms set by the governments across geographies.

Segment Analysis

Segmentations

List of Sub-Segments

Dominant and Fastest-Growing Segments

Application-Type Analysis

Residential, Non-Residential

The non-residential segment accounted for the largest market share of more than 58.4% in 2021.

Regional Analysis

North America, Europe, Asia-Pacific, and Rest of the World

Asia Pacific is likely to register a healthy CAGR by the end of 2028.

Application Trends

"The non-residential segment accounted for the largest market share."

The market is categorized into residential and non-residential. The non-residential segment accounted for the largest market share of more than 58.4% in 2021. The residential segment is projected to register the highest CAGR owing to the rise in popularity of the residential users, due to the impure water quality, growth in industrialization and urbanization as well as due to the surge in water-borne diseases. The non-residential segment is also growing at a considerable rate because of the rise in the usage of commercial spaces as well as establishments of new offices which bolsters the industry expansion.

Regional Insights

"Asia Pacific accounted for the largest market share."

The Asia Pacific witnessed the largest market share in 2021 accounting more than 33.67% market share and is likely to register a healthy CAGR by the end of 2028. Increasing urbanization, rising awareness about water purifying technologies, and expanding populace coupled with rising per capita disposable income are some of the key factors propelling the market growth in the region. Moreover, Government is also supporting and several companies have come across for helping the countries to fight against waterborne diseases.

POU-Water-Purifier-Market-Regional-Insights

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Key Players

The following are the key players in the POU water purifier market (arranged alphabetically).

  • A. O. Smith Corporation (The U.S.),
  • Culligan Water (The U.S.),
  • EcoWater Systems LLC (The U.S.),
  • Eureka Forbes Ltd (India),
  • HaloSource (The U.S.),
  • Hindustan Unilever Limited (India),
  • Kent RO Systems (India),
  • Koninklijke Philips N.V. (Netherlands),
  • Panasonic Corporation (Japan),
  • Paragon Water (The U.S.), and
  • Pentair plc (The U.S.).

Note: The above list does not necessarily include all the top players in the market.

Are you the leading player in this market? We would love to include your name. Write to us at sales@stratviewresearch.com

Report Features

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 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 POU Water Purifier Market

How lucrative is the future?

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

Which 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 requirement?

10% free customization

Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s POU water purifier market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner in order 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.

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)

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 the 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 at sales@stratviewresearch.com.

Frequently Asked Questions (FAQs)

The POU Water Purifier Market is expected to witness an impressive growth of 9.08% CAGR in the foreseeable future.

A. O. Smith Corporation (The U.S.), EcoWater Systems LLC (The U.S.), Paragon Water (The U.S.), Panasonic Corporation (Japan), Culligan Water (The U.S.), Pentair plc (The U.S.), Koninklijke Philips N.V. (Netherlands), Eureka Forbes Ltd (India), Kent RO Systems (India), Hindustan Unilever Limited (India), and HaloSource (The U.S.) are among the key players in the market.

The POU Water Purifier Market is expected to reach USD 29.56 billion in 2028.

Asia Pacific witnessed the largest market share in 2021 and is likely to register a healthy CAGR by the end of 2028.

Increasing urbanization, rising awareness about water purifying technologies, and expanding populace coupled with rising per capita disposable income are some of the key factors propelling the market growth in the region.

The residential segment is expected to register the highest CAGR in the market.