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    Water Softener Market Growth Analysis

    Water Softener Market Growth Analysis
    Report code - SR2017 Delivery - 2 Weeks
    Water Softener Market Size, Share, Trend, Forecast, & Industry Analysis: 2022-2027
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    Market Highlights

    The Water Softener Market is likely to witness an impressive CAGR of 8.6% during the forecast period.

    Water Softener Market Report Overview

    Market Growth (2022-2027)

    8.6% CAGR

    Base Year of Study

    2021

    Trend Period

    2016-2020

    Forecast Period

    2022-2027

    What is a water softener?

    Water softeners reduce calcium and magnesium levels by filtering water through resin or zeolite, a bead-like substance covered in positively charged sodium ions. As hard liquid can damage boilers, pipes, and electronic appliances such as washing machines and geysers due to limescale, a water softener is a unit that eliminates the hardness of liquid. Ion exchange processes are used in water softeners to remove calcium and magnesium minerals.

    Market Drivers

    Increasing use of hard water in residential buildings is expected to boost the market growth. Furthermore, the growing acceptance of the product in industrial applications such as food processing, chemical, textile, and refineries is likely to drive the growth of the market during the forecast period. 

    Segments Analysis

    Segmentations

    List of Sub-Segments

    Dominant and Fastest-Growing Segments

    Product-Type Analysis

    Salt-Based and Salt-Free

    The salt-based product segment is expected to experience higher growth in the market during the forecast period.

    Capacity-Type Analysis

    32,000 Grains, 40,000 Grains, 64,000 Grains, 80,000 Grains, 96,000 Grains, 110,000 Grains, 120,000 Grains, 210,000 Grains, 300,000 Grains, 450,000 Grains, 600,000 Grains, 900,000 Grains, and >1,200,000 Grains

    The 32,000 grains segment is estimated to account for the major share of the market during the forecast period.

    Regional Analysis

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

    Asia-Pacific is estimated to remain the leading region in the market over the forecast period led by South Korea, Japan, India, and China.

     

    By Product Type

    Based on the product type, the market is segmented as salt-based and salt-free. The salt-based product segment is expected to experience higher growth in the market during the forecast period due to its low price, higher efficiency in reducing scale formation in boilers, tanks, and pipes, and easy availability. Furthermore, the growing industrial sector will drive the demand for water softeners over the forecast period.

    By Capacity Type

    The market is segmented into 32,000 grains, 40,000 grains, 64,000 grains, 80,000 grains, 96,000 grains, 110,000 grains, 120,000 grains, 210,000 grains, 300,000 grains, 450,000 grains, 600,000 grains, 900,000 grains, and >1,200,000 grains. The 32,000 grains segment is estimated to account for the major share of the market during the forecast period. The segment's growth is driven by increasing awareness of the harmful effects of hard water, which has increased the installation of treatment systems in the residential sector, boosting the product demand. These systems are effective in limiting excessive calcium and magnesium by removing unwanted ingredients and impurities that make water hard and unsafe to use, which will drive the water softener market growth over the forecast period.

    Regional Analysis

    In terms of regions, Asia-Pacific led by South Korea, Japan, India, and China is estimated to be the leading region in the market for water softeners during the forecast period. The region's growth is driven by rising consumer awareness of health concerns related to unsafe liquids, which is expected to significantly boost the product demand in the region. Furthermore, as municipal corporations in countries such as India and China do not treat hard water effectively due to infrastructure constraints, residential consumers have begun to choose point-of-entry equipment such as softeners, which is driving the water softener market growth in the Asia-Pacific region.

    Want to know which region offers the best growth opportunities? Register Here

    Key Players

    The following are some of the key players in the water softener market:

    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 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.

    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 Water Softener 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

    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 three players)
    • SWOT analysis of key players (up to three 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 to sales@stratviewresearch.com

    Frequently Asked Questions (FAQs)

    The water softener market is likely to witness an impressive CAGR of 8.6% during the forecast period.

    Some of the key players in the water softener market are Culligan International Company, Kinetico UK Ltd, NuvoH2O, The 3M Company, US Water System, Inc., Ecowater System, LLC Ion Exchange (India) Limited, Hague Quality Water, Harvey Water Softener, Pelican Water System, and Canature Environment Products Co., Ltd.

    Increasing use of hard water in residential buildings is expected to boost the market growth. Furthermore, the growing acceptance of the product in industrial applications such as food processing, chemical, textile, and refineries is likely to drive the growth of the market during the forecast period.

    Asia-Pacific led by South Korea, Japan, India, and China is estimated to be the leading region in the market for water softeners during the forecast period.

    The salt-based product segment is expected to experience higher growth in the market during the forecast period due to its low price, higher efficiency in reducing scale formation in boilers, tanks, and pipes, and easy availability.

    The market is studied from 2016 - 2027.