DUBLIN, 22 July 2022 (GLOBE NEWSWIRE) — The 2022 Global Water Purifier Market Report by Technology Type, End User, Distribution Channel, Portability, Device Type has been added to ResearchAndMarkets.com offerings. The market is expected to grow from $27.89 billion in 2021 to $30.255 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The market is expected to reach $40.29 billion in 2026, growing by an average of 7.4%. Asia Pacific will be the largest water purifier market region in 2021. North America is the second largest market for water purifiers. The following regions are covered in this report: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The scarcity of safe water is driving the growth of the water purifier market. According to the US National Oceanic Administration, about 97.0% of the water on Earth is salt water, and the remaining 3.0% is ice, steam, underground and freshwater resources. High maintenance and equipment costs are expected to hamper the growth of the water purifier market during this period. The average cost of a water purifier ranges from $100 to $2,773 depending on the model and requires multiple maintenance, especially reverse osmosis water purifiers that require maintenance every 3 to 12 months depending on water usage.
Service costs range from $120 to $750, making it out of reach for rural residents or the poor. Hence, high equipment and maintenance costs are expected to hinder the growth of water purifiers. The growing use of Internet of Things (IOT) water purifiers is a new trend in the water purifier market. The Internet of Things is a network of interconnected physical components that can be accessed over the Internet to collect and share data. In water purifiers, IoT is used to provide information about water quality, filter life, total dissolved solids, and service support.
1) By technology type: Reverse osmosis water purifiers, UV water purifiers, Gravity water purifiers 2) By end user: industrial, commercial, household 3) By distribution channels: retail stores, direct sales, online 4) By mobility: portable, non-portable 5 ) By unit type: wall mount, countertop, countertop, faucet mount, under sink (UTS) Key topics: 1. Summary2. Water Purifier Market Features 3. Water Purifier Market Trends and Strategies 4. Impact of COVID-19 on Water Purifiers5. Water Purifier Market Size and Growth 6. 6.1 Water Purifier Market Segmentation Global Water Purifier Market Segmented by Technology Type
7. Regional and Country Analysis of the Water Purifier Market8. Asia Pacific Water Purifier Market 9. China Water Purifier Market
10. Indian water purifier market11. Japanese water purifier market 12. Australian water purifier market 13. Indonesian water purifier market 14. Korean water purifier market
15. Western Europe water purifier market 16. UK water purifier market 17. German water purifier market 18. French water purifier market 19. Eastern European water purifier market 20. Russian water purifier market 21. North American water purifier market 22. US water purifier market 23. South American water purifier market 24. Brazil Water Purifier Market 25. Middle East Water Purifier Market
26. African market for water purifiers27. Water Purifier Market Competitive Landscape and Company Profiles
Post time: Aug-12-2022