Water Purifier Market 2018
Water Purifier Market Share, Size, Trends, And Business Opportunity Analysis Report 2018 include historic data, with forecast data to 2022. Water Purifier Market report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2022
Global Water Purifier Market by technology (Gravity Purifier, UV Purifier, RO Purifier), by End-User (Commercial and Residential), by channel of distribution (Retail stores, Direct sales and Online) and by Region (North America, Asia-Pacific, Europe, Rest of World).
Water purifiers have emerged as a strongly growing market in the past few years due to increasing population and rising water requirements. Market focused reports related to the industrial automation & equipmentsector among others recently have been made available by Market Research Future which publishes reports on this industry. The market is anticipated to expand at an exceptional CAGR rate in the forecast period.
Demand for water purifiers has exponentially developed with the entry of significant contenders in the market. The incorporation of better technologies in water purifiers has increased the market size to a great extent. The affordability of water purifiers has improved greatly due to better manufacturing capabilities, thereby leading to the growth of the market. Furthermore, increasing awareness from the users end about harmful impurities and pathogens in the water will continue to amplify the demand for water purifiers by 2022.
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Market Synopsis of Global Water Purifier:
Water purifiers are equipment which are used to remove biological contaminants, suspended solids, toxins, harmful chemicals, bacteria, fungi and other such impurities from contaminated water and making it safe for drinking. Water Purifiers has become necessity for urban population in developing economies since a decade. Due to increase in the level of water pollution, the role of water purifiers has become significant.
The major factors behind the growth of water purifier market include deteriorating quality of water causing various diseases, rising demand from developing economies for clean water, new product development for more efficient purifiers. However, Increase in the number of unorganized players in the market is the major restraint.
The water purifier market has been segmented on the basis of technology, end user, channel of distribution and region. The technology basis of segmentation of the market comprises of UV Purifier, Gravity Purifier and RO Purifier. The End User based segmentation of the water purifier market is divided into Commercial and Residential. The channel of distribution in the water purifier market consists of direct sales, Retail stores and Online. Lastly, the region wise segmentation of the market includes Asia Pacific, Europe, North America and Rest of World.
Detailed Regional Analysis
The regional analysis of the water purifier market covers regions such as Europe, Asia Pacific and North America and rest of the world. The Asia Pacific region dominates the water purifiers market around the globe and is anticipated to grow at an encouraging CAGR during the forecast period, due to the growing demand from both urban and rural population. The rising awareness levels related to the importance of consuming safe drinking water have also contributed to the growth of the market in the region. The North American region has the second major share in the market. The market is also driven by advanced technological innovations and research by vendors because the region is developing at a steady pace.
Global Competitive Analysis
The market competitors are framing their plans for corporate strategy in a way can bring about the best value for growth in the current scenario, while also simultaneously improving their product’s value. The forecast for growth in the market appears to be promising through the forecast period. The firms in this market are adapting to the state of events by employing portfolio upgrades and upholding financial fluidity. The continual delivery of customer value has enhanced the market value of the industry. The proficiency to fuel competitive capabilities is among the main reasons powering their efforts in this period. The growing levels of diversification in the industry, have permitted the companies to use many chances available in the industry. Moreover, the challengers are handling the competitive environment by driving the market growth elements to their advantage.
Ion Exchange, Tata Chemicals Ltd., Kent RO System Ltd., Hindustan Unilever Ltd., Godrej Industries Ltd., Whirlpool India Ltd., Essel Nasaka, Hi-Tech RO Systems, Panasonic Corporation, and Livpure Private Ltd. are some of the major competitors leading the way for the development of the market during the forecast period.
May 2018 A highly efficient device that uses sunlight and black carbon-dipped paper to clean water has been made by researchers at the University at Buffalo. The device works through a paper placed in a triangular arrangement, which allows it to vaporize and absorb water with almost 100 percent efficiency. The inexpensive and simple technology could be used in regions where clean drinking water is constantly inaccessible or regions that have been highly affected by natural disasters. Our system has a way of drawing heat in from the nearby environment, permitting the device to achieve near-perfect efficiency.
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