Water Purifiers Market Size, Share, Growth & Forecast 2026

21
PUBLISHED : November 2020 www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING GLOBAL WATER PURIFIERS MARKET 2015 2026 FORECAST AND OPPORTUNITIES

description

Global water purifiers market stood at USD 41.22 billion in 2019 and is forecast to grow at a CAGR of 8.06% during 2020-2026 to reach USD 68.09 Billion by 2026, on account of deteriorating water quality, rapid industrialization and increasing awareness about waterborne diseases. https://bit.ly/3mC0tqo

Transcript of Water Purifiers Market Size, Share, Growth & Forecast 2026

Page 1: Water Purifiers Market Size, Share, Growth & Forecast 2026

PUBLISHED : November 2020

www.techsciresearch.com M A R K E T I N T E L L I G E N C E . C O N S U L T I N G

GLOBAL WATER PURIFIERS MARKET

2015 – 2026

FORECAST AND OPPORTUNITIES

Page 2: Water Purifiers Market Size, Share, Growth & Forecast 2026

2© TechSci Research

Table of Contents

S. No. Contents

1. Product Overview

2. Research Methodology

3. Impact of COVID-19 on Global Water Purifiers Market

4. Analyst View

5. Global Water Purifiers Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.1.2. By Volume

5.2. Market Share & Forecast

5.2.1. By Technology (UV, Media and Membrane)

5.2.2. By Region

5.2.3. By Company

5.3. Product Map (By Technology and By Region)

6. Asia-Pacific Water Purifiers Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.1.2. By Volume

6.2. Market Share & Forecast

6.2.1. By Technology

22

Page 3: Water Purifiers Market Size, Share, Growth & Forecast 2026

3© TechSci Research

Table of Contents

S. No. Contents

6.2.2. By Country

6.2.3. Product Map (By Technology, By Country)

6.2.4. China Water Purifiers Market Outlook

6.2.4.1 Market Size & Forecast

6.2.4.1.1. By Value

6.2.5. South Korea Water Purifiers Market Outlook

6.2.5.1 Market Size & Forecast

6.2.5.1.1. By Value

6.2.6. India Water Purifier Market Outlook

6.2.6.1 Market Size & Forecast

6.2.6.1.1. By Value

6.2.7. Vietnam Water Purifiers Market Outlook

6.2.7.1 Market Size & Forecast

6.2.7.1.1. By Value

6.2.8. Indonesia Water Purifier Market Outlook

6.2.8.1 Market Size & Forecast

6.2.8.1.1. By Value

7. North America Water Purifiers Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.1.2. By Volume

7.2. Market Share & Forecast

3

Page 4: Water Purifiers Market Size, Share, Growth & Forecast 2026

4© TechSci Research

Table of Contents

S. No. Contents

7.2.1. By Technology

7.2.2. By Country

7.2.3. Product Map (By Technology, By Country)

7.2.4. United States Water Purifiers Market Outlook

7.2.4.1 Market Size & Forecast

7.2.4.1.1. By Value

7.2.5. Canada Water Purifiers Market Outlook

7.2.5.1 Market Size & Forecast

7.2.5.1.1. By Value

7.2.6. Mexico Water Purifier Market Outlook

7.2.6.1 Market Size & Forecast

7.2.6.1.1. By Value

8. Europe Water Purifiers Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.1.2. By Volume

8.2. Market Share & Forecast

8.2.1. By Technology

8.2.2. By Country

8.2.3. Product Map (By Technology, By Country)

8.2.4. Spain Water Purifiers Market Outlook

8.2.4.1 Market Size & Forecast

4

Page 5: Water Purifiers Market Size, Share, Growth & Forecast 2026

5© TechSci Research

Table of Contents

S. No. Contents

8.2.4.1.1. By Value

8.2.5. Russia Water Purifiers Market Outlook

8.2.5.1 Market Size & Forecast

8.2.5.1.1. By Value

8.2.6. Germany Water Purifier Market Outlook

8.2.6.1 Market Size & Forecast

8.2.6.1.1. By Value

8.2.7. France Water Purifiers Market Outlook

8.2.7.1 Market Size & Forecast

8.2.7.1.1. By Value

8.2.8. United Kingdom Water Purifier Market Outlook

8.2.8.1 Market Size & Forecast

8.2.8.1.1. By Value

9. Middle East & Africa Water Purifiers Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.1.2. By Volume

9.2. Market Share & Forecast

9.2.1. By Technology

9.2.2. By Country

9.2.3. Product Map (By Technology, By Country)

9.2.4. United Arab Emirates Water Purifiers Market Outlook

9.2.4.1 Market Size & Forecast

5

Page 6: Water Purifiers Market Size, Share, Growth & Forecast 2026

6© TechSci Research

Table of Contents

S. No. Contents

9.2.4.1.1. By Value

9.2.5. Saudi Arabia Water Purifiers Market Outlook

9.2.5.1 Market Size & Forecast

9.2.5.1.1. By Value

9.2.6. Egypt Water Purifier Market Outlook

9.2.6.1 Market Size & Forecast

9.2.6.1.1. By Value

9.2.7. South Africa Water Purifiers Market Outlook

9.2.7.1 Market Size & Forecast

9.2.7.1.1. By Value

9.2.8. Algeria Water Purifier Market Outlook

9.2.8.1 Market Size & Forecast

9.2.8.1.1. By Value

10. South America Water Purifiers Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.1.2. By Volume

10.2. Market Share & Forecast

10.2.1. By Technology

10.2.2. By Country

10.2.3. Product Map (By Technology, By Country)

10.2.4. Brazil Water Purifiers Market Outlook

10.2.4.1 Market Size & Forecast

6

Page 7: Water Purifiers Market Size, Share, Growth & Forecast 2026

7© TechSci Research

Table of Contents

S. No. Contents

10.2.4.1.1. By Value

10.2.5. Chile Water Purifiers Market Outlook

10.2.5.1 Market Size & Forecast

10.2.5.1.1. By Value

10.2.6. Argentina Water Purifier Market Outlook

10.2.6.1 Market Size & Forecast

10.2.6.1.1. By Value

11. Voice of Customer

11.1. Brand Preferences

11.2. Preferred Point of Purchase

11.3. Factors Influencing Purchase Decision

12. Market Dynamics

12.1. Drivers

12.2. Challenges

13. Market Trends and Developments

14. Competitive Landscape

14.1. Company Profiles

14.1.1. Foshan Shunde Midea Water Dispenser Manufacture Company Limited

14.1.2. Coway Company Ltd.

14.1.3. Brita Gmbh

14.1.4. A.O. Smith Corporation

14.1.5. Eureka Forbes Limited

14.1.6. Kent RO System Ltd.

7

Page 8: Water Purifiers Market Size, Share, Growth & Forecast 2026

8© TechSci Research

Table of Contents

S. No. Contents

14.1.7. BWT Holding Gmbh

14.1.8. Panasonic Corporation

14.1.9. L.G. Electronics Inc.

14.1.10. Culligan International Company

14.1.11. 3M Purification Inc

15. Strategic Recommendations

16. About Us & Disclaimer

8

Page 9: Water Purifiers Market Size, Share, Growth & Forecast 2026

Product Overview

Page 10: Water Purifiers Market Size, Share, Growth & Forecast 2026

10© TechSci Research 10

Scope of ReportProduct of Interest (POI): Water Purifiers

WATER PURIFIERS

Market Segmentation

Global water purifier market is expected to grow significantly until 2026 on account of rapidly improving economic conditionand financial status of the consumers, technological advancements, usage and application across different sectors. The AsiaPacific water purifier market is the largest and the fastest growing water purifier market, led by the largest consumer andmanufacturing bases in the region. Moreover, global players are planning and have set up their subsidiary companies to caterthe demand for water purifiers in Asia Pacific region.

Region • Asia Pacific• North America• Europe• MEA• South America

Technology• Membrane• Media• UV

Review Period

2015 – 2018

Base Year

2019

Estimated Year

2020

Forecast Period

2021 – 2026

Year Range

Page 11: Water Purifiers Market Size, Share, Growth & Forecast 2026

11© TechSci Research 11

A water purifier is a device used for removing unwanted chemicals and biological contaminants from water, to obtain pure drinking

water, which is fit for human consumption or for industrial use. Water purifiers are segmented based on function and technology used

such as RO, UF, UV, media, Membrane etc. Water purifiers are categorized into ‘point of use’ and ‘point of entry’. Point of use (POU)

water purifiers are those which can be directly installed at the tap water supply point, whereas point of entry (POE) water purifiers are

installed at main water supply.

Water Purifiers

Based on Technology

Membrane Based Water

Purifiers

Ultrafiltration (UF) Water

Purifiers

Reverse Osmosis (RO) Water

Purifiers

Nanofiltration (NF) water Purifiers

Ultraviolet Based Water Purifiers

Media Based Water Purifiers

Scope of ReportProduct of Interest (POI): Water Purifiers

Page 12: Water Purifiers Market Size, Share, Growth & Forecast 2026

Research Methodology

Page 13: Water Purifiers Market Size, Share, Growth & Forecast 2026

13© TechSci Research

Research Methodology

✓ Identifying Key Opinion

Leaders

✓ Questionnaire Design

✓ In-depth Interviews

Data Collection

Developing List of Respondents

Formulating Questionnaire

Market Profiling

Data Validation

Data Analysis

In-depth secondary research was conducted to

determine top players in global Water Purifiers

market, overall market size and segmental market size.

In order to conduct industry experts’

interviews, TechSci formulated a detailed

discussion guide.

List of industry players and industry

specialists was developed.

TechSci conducted interviews with

industry experts and industry players for data collection and

verification.

Data obtained as a result of primary and secondary research was

validated through rigorous

triangulation.

The data was scrutinized using MS-Excel, statistical

tools and internal proprietary database to obtain qualitative and

quantitative insights about global Water Purifiers

market.

Data Collection

Data Filter& Analysis

Research &Intelligence

ActionableInsights

BusinessSolution

Primary Research Desk Research Company Analysis

✓ Recent Developments

✓ Market Changing

Aspects/Dynamics

✓ Government Policies

✓ Conclusion

✓ Market Participants

✓ Key Strengths

✓ LinkedIn✓ TechSci Internal

Database

✓ Factiva✓ Hoovers

Paid Sources

✓ Company Websites✓ Company Annual

Reports✓ White Paper Study✓ Financial Reports✓ Investor Presentations✓ Regulatory Body

Secondary ResearchPrimary Research

13

Page 14: Water Purifiers Market Size, Share, Growth & Forecast 2026

14© TechSci Research14© TechSci Research 14

Research Methodology

Baseline Methodology

Our dedicated team of industry experts has monitored and analyzed various aspects of the global water purifiers market. The team

has analyzed the outlook of various segments of this market, while considering the major influencing factors such as rising health

awareness towards clean drinking water. The study includes market forecasting, which would enable our clients to take better

decisions while planning their strategy to achieve sustainability in the global water purifiers market.

Methodology Followed for Calculation of Market Size:

• Market Size by Value : Market size, in terms of value, for the year 2019 was calculated based on information collected through

exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as water purifiers

manufacturers, channel partners, industry experts, and other industry participants.

• The team interviewed more than 50 water purifiers companies, 200 end users, and 25–35 industry experts and other value chain

stakeholders in the global water purifiers market to obtain the overall market size from 2015 to 2019, which was validated by the

Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data

during 2015-2019.

Page 15: Water Purifiers Market Size, Share, Growth & Forecast 2026

15© TechSci Research© TechSci Research

• Respondents were asked about the current and future market growth rates, as well as market shares, by technology, by

country and by region. Removing the outlier responses, the geometric mean of growth estimates and provider wise revenue

shares generated across various segments were considered to arrive at the final revenue shares. Revenue shares generated

across various segments were further triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares:

• Market shares, by technology and by region were calculated based on the responses received through primary surveys with

industry experts, in which the respondents were asked about the market shares or revenue generated through water purifiers,

globally. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders

after eliminating the outliers.

Methodology Followed for Forecasting:

• TechSci Research performed periodical checks on data collected through the surveys with logical checks and analyzed the

survey results in SPSS/Tableau Software.

Research Methodology

15

Page 16: Water Purifiers Market Size, Share, Growth & Forecast 2026

16© TechSci Research© TechSci Research

• Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast

global Water Purifiers market, TechSci Research used various forecast techniques such as:

o Moving Average

o Time Series Analysis

o Regression Analysis

o Econometric and Judgmental Analysis

• The currency used in the report is the United States Dollar (USD), with the market size indicated in USD Million.

• Conversion rates

Research Methodology

Currency 2019 2017 2016 2015 2015

Chinese Yuan 6.62 6.76 6.64 6.29 6.16

Indian INR 68.45 65.13 67.20 64.18 61.02

Japanese Yen 110.47 112.20 108.65 121.08 105.82

Vietnam Dollar 1.35 1.38 1.38 1.38 1.27

Australian Dollar 1.34 1.31 1.34 1.33 1.11

Euro 0.85 0.89 0.90 0.90 0.75

Canadian Dollar 1.30 1.30 1.32 1.28 1.10

Brazil (Real) 3.66 3.19 3.48 3.34 2.35

Argentina (Peso) 18.44 16.55 14.77 9.25 8.10

Saudi Riyal 3.75 3.75 3.75 3.75 3.75

16

Page 17: Water Purifiers Market Size, Share, Growth & Forecast 2026

17© TechSci Research

Research Methodology

TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions.

TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to

reach accurate market numbers. Partial list of companies interviewed and key secondary sources studied for the report include:

Partial List of Companies Interviewed Key Secondary Sources

▪ Continental AG

▪ Curtiss-Wright Corporation

▪ Infineon Technologies AG

▪ ZF Friedrichshafen AG

▪ SKF Ltd

▪ Nexteer Automotive

• International Monetary Fund

▪ World Bank

▪ TechSci Research Proprietary Database & Knowledge

Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ Credible Paid Databases

▪ OICA

17

Partial List of Companies Interviewed Key Secondary Sources

▪ FIT Hon Teng Limited

▪ Otter Products, LLC

▪ Apple Inc.

▪ Samsung Electronics Co., Ltd.

▪ Griffin Technology

▪ Pelican Products Inc.

▪ Reiko Wireless Inc.

▪ Zagg Inc.

▪ Moshi

▪ CG Mobile Ltd.

• International Monetary Fund

▪ World Bank

▪ TechSci Research Proprietary Database & Knowledge

Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ Credible Paid Databases

▪ News Dailies

▪ CEIC

Partial List of Companies Interviewed Key Secondary Sources

▪ Foshan Shunde Midea Water Dispenser Manufacture

Company Limited

▪ Coway Co., Ltd.

▪ Unilever PLC

▪ Eureka Forbes Limited

▪ Kent RO Systems Ltd.

▪ Amway Corporation

▪ Culligan International Company

▪ Best Water Technology

▪ World Bank

▪ TechSci Research Proprietary Database & Knowledge Repository

▪ Company Annual Reports

▪ Industry Magazines

▪ Industry Reports

▪ Food and Drug Administration (FDA)

▪ News Dailies

▪ Credible Paid Databases

Page 18: Water Purifiers Market Size, Share, Growth & Forecast 2026

18© TechSci Research 18

Industry Brief

According to TechSci Research report, “Global Water Purifiers Market By Technology (Membrane, Media & UV), By Region (Asia-

Pacific, North America, Europe, Middle East & Africa and South America), Competition, Forecast & Opportunities, 2015 – 2026”,

global water purifiers market stood at USD 41.22 billion in 2019 and is forecast to grow at a CAGR of 8.06% during 2020-2026 to

reach USD 68.09 Billion by 2026, on the back of growing population and increasing purchasing power of the customers across

different countries. Moreover, rapid industrialization and urbanization has resulted in uncontrolled effluent discharge in the water

bodies, which has further led to severe water pollution, thereby deteriorating the quality of surface and ground water across

geographies. Additionally, over the past few years rise in cases of water borne diseases have been witnessed, which is pushing

people towards using water purifiers in order to get safe and healthy drinking water.

Global water purifiers market can be segregated based on technology and region. In terms of technology, market can be segregated

into membrane, media and UV. Membrane based water purification technology captured 67.70% share of global water purifiers

market in 2019, on the grounds of efficient removal of bacteria, viruses, suspended solids, proteins, and starch as well as low energy

requirements. The second largest share was held by media technology in 2019, followed by UV technology; however, their shares

are expected to decline during the forecast period due to inefficient removal of impurities.

Leading companies operating in the global water purifier market include Foshan Shunde Midea Water Dispenser Manufacture

Company Limited, Coway Company Ltd., Brita Gmbh, A.O. Smith Corporation, Eureka Forbes Limited, Kent RO System Ltd., BWT

Holding GmbH, Panasonic Corporation, L.G. Electronics Inc., Culligan International Company, and 3M Purification Inc. Continuous

innovation for products and identification of new means of applications are the major factors that are propelling the growth of water

purifiers manufacturing companies across the globe.

“Asia-Pacific region generates the highest demand for water purifiers in the world. The region is also projected to exhibit the fastest

growth in the global water purifiers market. The growth of the market is buoyed by robust industrialization, leading to unmonitored

discharge of waste into water bodies leading to water pollution, and hence deteriorating quality of water. Additionally, increasing water

scarcity is augmenting the need to recycle and reuse water. In addition. Growing awareness pertaining to substandard quality of

water among consumers and rising incidences of water-borne diseases are also escalating demand for efficient water purification

technologies; thereby, driving water purifier market of Asia Pacific through 2026.”, said Mr. Karan Chechi, Research Director with

TechSci Research, a research based global management consulting firm.

Page 19: Water Purifiers Market Size, Share, Growth & Forecast 2026

19© TechSci Research 19

Sample Data - Snapshot

Global Water Purifiers Market Size, By Value (USD Million), 2015-2026F

2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F

Value (USD Million)

CAGR 2015-2019By Value: xx%

CAGR 2020E-2026FBy Value: xx%

Europe Water Purifiers Market Share, By Technology, By Value, 2015–2026F

2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F

Membrane 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00% 20.00%

Media 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00% 30.00%

UV 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00% 50.00%

Russia Water Purifiers Market Size, By Value (USD Million), 2015-2026F

CAGR 2015-2019By Value: xx%

CAGR 2020E-2026FBy Value: xx%

2015 2016 2017 2018 2019 2020E 2021F 2022F 2023F 2024F 2025F 2026F

Value (USD Million)

Page 20: Water Purifiers Market Size, Share, Growth & Forecast 2026

20© TechSci Research 20

Report Ordering

License Type Price

Electronic Access - Single User License $4450

Electronic Access - Multi-User License $5450

Custom Research License $9450

Report Price

To View Sample OR Purchase Report

Report Name: GLOBAL WATER PURIFIERS MARKET

FORECAST AND OPPORTUNITIES

2015 – 2026

Page 21: Water Purifiers Market Size, Share, Growth & Forecast 2026

Best Market Research & Management Consulting

Service by Wafisilpa Entertainments

Award for Best Place to Work in Research at

World Marketing Congress by ABP News

(2017)

Leadership Award from World Marketing

Congress

Recognition from Silicon India Magazine

TechSci Research – Awards and Recognition

Best Application of Research Award at

World Marketing Congress by ABP

News ( 2017 )

Best Application of Research Award at World

Marketing Congress by ABP News ( 2018 )

Business-to-Business

Research Award at Brand

Excellence Awards by

ABP News (2018)

Organic India Excellence

Awards by ASSOCHAM

India (2018)

Quality Management

System by ISO (2018)

Leadership Award from World Marketing

Congress

Recognition & Appreciation from

WQIA