Global Water Purifier Market is expected to reach US$ 56.79 Billion by 2028, driven by increasing concerns about water quality, raising awareness of waterborne diseases and the adoption of advanced purification technologies across diverse regions
06 Oct, 2023

In a report titled "Water Purifier Market, Size, Global Forecast 2023-2028, Industry Trends, Growth, Share, Outlook, Impact of Inflation, Opportunity Company Analysis" published recently by Renub Research, market share insights are included along with a thorough industry analysis. The report also includes research on regions, competitors, and the recent expansion of the Global Water Purifier Market.

Global Water Purifier Market is projected to experience rapid growth with a CAGR of 9.18% between 2022 and 2028. According to the World Health Organization (WHO), waterborne sicknesses affect over 2.1 billion people without access to secure drinking water, and more than 4 billion lack right sanitation, resulting in about 2.2 million deaths annually. Pathogens enter water supplies through numerous channels, inflicting signs like diarrhoea and vomiting with intense health and economic repercussions. Water purifiers are critical in mitigating these dangers by removing contaminants and shielding against diseases like cholera and typhoid. The growing need for water purifiers, driven by climate change-precipitated water challenges and population increase, underscores the imperative of ensuring access to clean water, particularly in infected regions.

Moreover, the worldwide adoption of advanced purification technologies is at an upward push, fuelled by heightened attention to clean drinking water's significance and the growing accessibility of this technology. Notable methods gaining traction include Reverse Osmosis (RO), renowned for its huge contaminant elimination capabilities. Ultraviolet (UV) light, a cost-effective answer for bacterial and viral removal, and Nanotechnology contributes to the improvement of more efficient water purification materials. Particularly sturdy in growing countries, this trend is driven by speedy urbanization, rising incomes, and government initiatives. Developed countries also witness an increase because of accelerated health awareness, stringent water quality requirements, and advancing technologies, impacting public health positively and creating new enterprise possibilities in the global water purifier market.

UV purifier technology commands a substantial share in the water purifier market due to its effectiveness in eliminating harmful micro-organisms. 

Ultraviolet light disrupts the DNA of bacteria, viruses, and other pathogens, rendering them inactive and ensuring water safety. This technology offers a chemical-free and eco-friendly solution, appealing to health-conscious consumers. With increasing awareness of waterborne diseases and the need for efficient, sustainable purification methods, UV purifiers have become a preferred choice, contributing significantly to their notable market share.

Report Details:

Online distribution channel is experiencing robust growth in the water purifier market due to its extensive product variety and accessible information

Consumers increasingly prefer the ease of browsing and purchasing water purifiers online, benefiting from customer reviews and competitive pricing. The digital platform provides a seamless shopping experience, aligning with contemporary lifestyles. The surge in e-commerce, coupled with the ability to compare products and reviews, has propelled the online distribution channel's prominence as a convenient and efficient way to acquire water purifiers.

Commercial end-users are gaining popularity in the water purifier market owing to a growing awareness of water quality in public spaces.

Restaurants, places of work, and different commercial institutions prioritize imparting safe and clean water to their consumers and personnel. Increasing focus on health and stringent regulations activate the adoption of advanced water purification solutions. As businesses recognize the significance of water safety, the demand for commercial water purifiers rises, contributing to the sector's recognition and sustained growth in the market.

India continuously expands in the water purifier market due to escalating concerns about water quality

Water pollution is a vast problem in India, with over 70% of surface water polluted because of elements like sewage and commercial waste discharge into rivers and lakes, leading to health issues, which include diarrhoea and cholera. The call for reliable water purification solutions is increasing. Government initiatives like the Swachh Bharat Mission (SBM) and the NamamiGange Programme cope with sanitation and river cleaning. Legislative measures support pollution control, but demanding situations persist. In response, the water purifier market in India is witnessing innovations in cost-effective and superior technology, reflecting a non-stop increase amid growing health awareness.

Competitive Landscape

Panasonic Corporation, Honeywell International INC, AO Smith Corporation, Unilever Plc, Pentair, Helen of Troy Limited, Koninklijke Philips N.V., and 3M Corporation are a few well-known companies active in the global water purifier market.

Market Summary

• Technology - The report analyses the Global Water Purifier Market by technology from four different angles (UV Purifier, RO purifier, Gravity purifier, and Others).
• Distribution Channel - According to distribution channel, the Global Water Purifier Market is divided into three perspectives (Retail Stores, Direct Sales, and Online).
• End-User - Renub Research report on the Global Water Purifier Market looks at end-user from two angles (Residential, and Commercial).
• Countries - There are twenty-two different perspectives on the Global Water Purifier Market by countries (United States, Canada, Argentina, Brazil, Mexico, Germany, France, United Kingdom, Spain, Switzerland, Italy, Belgium, Netherland, Turkey, China, India, Japan, Australia, Saudi-Arabia, Israel, South Africa, and Rest of the World).
• Key Players - Every significant player in the Global Water Purifier Market has been discussed from three perspectives (Overview, Recent Developments, and Revenue) Panasonic Corporation, Honeywell International INC, AO Smith Corporation, Unilever Plc, Pentair, Helen of Troy Limited, Koninklijke Philips N.V., and 3M Corporation.

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