Global Water Purifier Market, Forecast by 2026

According to the latest report by Renub Research, titled “Water Purifier Market Global Forecast by Technology, Distribution Channels, End User, Regions, Company Analysis” Water purification is a process in which undesired chemical compounds, biological containments, organic and inorganic material are remove from the water. This process includes deionization and distillation. One of the significant purposes of water purification is to provide clean drinking water. This process also meets the requirement of chemical, medical, pharmacological and industrial application for clean and potable water. The purification procedure also reduces the concentration of impurities such as bacteria, viruses, parasites and fungi.

With all these advantages, the water purifier market is growing year on year; the market for global water purifier is forecasted to be US$ 64.86 Billion by the end of the year 2026. The innovation in water purification technology like RO, UV and Gravity water will also propel the market.

There are various benefits of pure water. Water purification reduces excess chlorine present in water, preventing the high risk of diseases like the cardiovascular problem, cancer and asthma. Investing in a water purification system is cost-effective when compared with bottled water. It results in cost-saving in the long-run process. Water purification also improves water flavour by eliminating metallic or any unpleasant taste by getting rid of germs from the water without boiling water. Pure water is essential for healthy skin; the various chemical present in water result in skin allergies.

The impact of COVID-19 on Global Water Purifier Market

The sales of water purifier have stopped around the world due to lockdown imposed by government agencies as only essential services were allowed. The import and export activities along with production in factories have stopped and retails shops are closed, which have affected the sales of water purifier in the year 2020. The market for water purifier will grow from the year 2021 at a much higher rate than the year 2020.

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Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

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Water Purifier Market Global Forecast by Technology & End User

The water purifier market has grown extensively in recent years and it is projected to continue its growth in the future too. The water purifier is used to remove impurities from the water such as toxins, bacteria, chemicals, harmful gases, suspended solids and other impurities from the water and make it safe for drinking. Water purifier’s minimize and decrease the chance of acquiring waterborne diseases, thereby making the water ideal for residential and commercial drinking. According to Renub Research report, the Global Water Purifier Market is expected to reach US$ 64.86 Billion by the year 2026.

global water purifier market
Water Purifier Market Global Forecast by Technology & End User

The main factors contributing to the growth of the global water purifier market are increasing disposable income, growing incidences of waterborne diseases, the rapid growth of population, declining levels of potable water along with rapid urbanization and growing industrialization. Around the world government initiatives, water safety policy and the various subsidiaries are also propelling the global water purifier market.

Read the complete analysis of COVID-19 impact on global water purifier market in our report

Despite so many growth factors recent coronavirus outbreak has disrupted the sales of water purifier devices. As almost all the countries are in lockdown and only essential services allowed. This has brought the water purifier market to a grinding halt. Despite, growing demand for packaged drinking water is a major factor that limits the market growth. Low market penetration in rural areas is another major challenge for the water purifier market growth.

The innovation in water purifier technology has enabled many market players to maintain their foothold in the market. Huge investments in research and development activities have led to the growth in water purifiers market. Besides, product innovations in water purifiers, and marketing & positioning strategies are expected to create huge opportunities for the growth of the market in upcoming years.

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The technology advancement such as RO, UV and Gravity water purifiers are the leading factor of the global water purifier market, especially RO and UV water purifiers. RO and UV are mostly used to commercial and residential purpose due to low in price & size and reliable for the consumer to use. In addition, distribution channels such as retails stores are dominating market share in the global market, but in the forecast period, online sales are gaining market share.

Renub Research report titled “Global Water Purifier Market by Technology (UV Purifier, RO purifier, and Gravity purifier), By Distribution Channels (Retail Stores, Direct Sales and Online), By End User (Residential and Commercial), By Regions (North America, Europe, Asia Pacific, and ROW), Company Analysis (A.O. Smith Corporation, Coway Co., Eureka Forbes Limited, Evoqua Water Technologies LLC, and GE Appliances)” provides a detailed analysis of global water purifier market.

Technology Analysis

The report has also been segmented on the technology basis that includes UV Purifier, RO purifier, and Gravity purifier.

• UV Purifier
• RO Purifier
• Gravity purifier

Distribution Channels Analysis

The report studies the market of retails stores, direct sales and online distribution channels.

• Retails Stores
• Direct Sales
• Online

By End User

In this report we provide full studies, the market of the following market by end user such as residential and commercials.

• Residential
• Commercials

By Regions

The report studied the following regions in the report

• North America
• Europe
• Asia Pacific
• Rest of the World

Company Insights

All the companies have been studied from two points

• Recent Developments
• Sales Analysis

Company Analysis

• A.O. Smith Corporation
• Coway Co.
• Eureka Forbes Limited
• Evoqua Water Technologies LLC
• GE Appliances

About Company:

Renub Research is a Market Research and Consulting Company. We have more than 10 years of experience especially in international Business-to-Business Researches, Surveys and Consulting. We provide wide range of business research solutions that helps companies in making better business decisions. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses. Our wide clientele comprises of major players in Life Sciences, Information Technology, Telecom, Financial Services (Banking, Insurance), Energy, Retail, Manufacturing, Automotive, and Social sector. Our clients rely on our market analysis and data to make informed knowledgeable decisions. We are regarded as one of the best providers of knowledge. Our pertinent analysis helps consultants, bankers and executives to make informed and correct decisions.

Contact Us:
Renub Research
Phone No: +1 678-302-0700 (USA) | +91-120-421-9822 (IND)
Email : info@renub.com
Web: www.renub.com
Fallow on Linkedin: https://www.linkedin.com/company/renub-research