DUBLIN--(BUSINESS WIRE )--The "Water Purifiers Global Market Report 2022, By Technology Type, By End-User, By Distribution Channel, By Portability, By Device Type" report has been added to ResearchAndMarkets.com's offering.
The global water purifiers market is expected 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 at a CAGR of 7.4%.
The water purifiers market consists of the sales of water purifiers and related services. Water purifiers are the devices used to purify water from the biological contaminants, toxins, harmful chemicals & gases, and others impurities such as solid particles so that it can be safe for drinking. It also decreases the level of hazardous pollutants in it and making it suitable for the industries before releasing it into the water bodies.
Asia Pacific was the largest region in the water purifiers market in 2021. North America was the second-largest region in the water purifiers market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The scarcity of safe water is contributing to the growth of the water purifier market. According to the United States National Ocean Service, about 97.0% of the water on earth is salt water and the remaining 3.0% is available in the form of ice, vapor, groundwater and freshwater sources.
High maintenance and equipment cost is expected to hinder the growth of the water purifier market during the period. The average cost of water purifiers ranges from USD 100 to $2,773 depending on the model and it needs the repeated maintenance, especially in the case of Reverse Osmosis Purifiers which require a maintenance every 3 to 12 months depending on the usage of water. The maintenance cost ranges from USD 120 to USD 750, which cannot be afforded by the people living in rural areas or those belonging to under the poverty range population. Consequently, high equipment and maintenance cost is anticipated to hinder the growth of water purifiers.
The increase usage of internet of things technology (IOT) enabled water purifier is an emerging trend in the water purifiers market. The Internet of Things is a network which contains interrelated physical components which can be accessed using the internet for collecting and exchanging data. In water purifiers, the Internet of things is used to give information on the water quality, life of the filters, total dissolved solids levels, and service support.
1) By Technology Type: RO Water Purifier; UV Water Purifier; Gravity-Based Water Purifier
2) By End-User: Industrial; Commercial; Household
3) By Distribution Channel: Retail Stores; Direct Sales; Online
5) By Device Type: Wall Mounted; Countertop; Tabletop; Faucet-mounted; Under-The-Sink (UTS)
3. Water Purifiers Market Trends And Strategies
4. Impact Of COVID-19 On Water Purifiers
5. Water Purifiers Market Size And Growth
6.1. Global Water Purifiers Market, Segmentation By Technology Type
6.2. Global Water Purifiers Market, Segmentation By End-User
6.3. Global Water Purifiers Market, Segmentation By Distribution Channel
6.4. Global Water Purifiers Market, Segmentation By Portability
6.5. Global Water Purifiers Market, Segmentation By Device Type
7. Water Purifiers Market Regional And Country Analysis
14. South Korea Water Purifiers Market
15. Western Europe Water Purifiers Market
19. Eastern Europe Water Purifiers Market
21. North America Water Purifiers Market
23. South America Water Purifiers Market
25. Middle East Water Purifiers Market
27. Water Purifiers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Water Purifiers Market
29. Water Purifiers Market Future Outlook and Potential Analysis
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900