Global Water Purifiers Market Research Report: Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast (2021-2026)

Japan, Japan, Mon, 18 Oct 2021 06:48:34 / Comserve Inc. / -- A water purifier is a device that removes impurities from water, and various verticals, such as residential units, hotels, hospitals, corporate offices, food & beverages, and restaurants, use it.

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.

A water purifier is a device that removes impurities from water, and various verticals, such as residential units, hotels, hospitals, corporate offices, food & beverages, and restaurants, use it. According to MarkNtel Advisors' research report, "Global Water Purifier Market Analysis, 2021," the market is likely to grow at a CAGR of around 9% during 2021-26. The growth primarily attributes to the surging demand of people for drinking safe water, mounting awareness of water-borne diseases, and the degrading water quality due to heavy metals, such as zinc, lead, magnesium, etc.

Besides, the burgeoning scarcity of freshwater worldwide, snowballing customer inclination toward a healthy lifestyle, and growing disposable income projected to fuel the market growth. The launch of technology integrated smart water purifiers by the market players and increasing disposable industrial waste and untreated sewage in water bodies proliferating the growing demand for water purifiers. Moreover, rapid urbanization & industrial growth in the countries like India, China, and Brazil, entwined with the increasing spending on water recycling plants, are other crucial factors contributing to the overall market growth in the forecast period.

Fill This Form and get the Sample Copy of This Report: https://www.sdki.jp/sample-request-115472
The Final Report will cover the impact analysis of COVID-19 on this industry: Global Water Purifiers Market Research Report: Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast (2021-2026)

Covid-19 Positively Impacted the Global Water Purifier Market
The outbreak of COVID-19 in 2020 turned out to be an inflection point in the sales of water purifiers across North America, Europe, China, and several other economies. The entire supply chain of bottled water was paralyzed amidst the imposition of lockdown and restriction on movement, propelling the sales of water purifiers. COVID-19 pushed residential end-users to pursue a greater hygenic lifestyle, which further augmented the demand for sustainable water treatment products.Eventually, the key countries in Europe such as Germany, France, Italy, Spain, the UK, Poland, etc., registered an increase in year-on-year growth ranging between 3% to 7% in 2020, over 2019. And, a similar trend is set to prevail in the forthcoming years.

Counter-top Carbon Accounted for a Significant Market Share
Based on Type, the Global Water Purifier Market bifurcates into Houseware, Countertop Carbon, Undersink Filtration, Undersink Others, Point-of-Entry Filtration, and Point-of-Entry Softening. Of all, Counter-top Carbon Water Purifiers held a significant market share in the previous few years. It owes to their rapidly increasing adoption in the residential sector due to the rising demand for freshwater.

Besides, the carbon filter helps remove 90% of harmful chemicals, such as volatile organic compounds, pesticides, and herbicides, from the drinking water, making it safe to drink. Additionally, the bad-tasting of tap water due to chemical usage to treat water also enabled people to shift toward using water purifiers. Thus, the surging need to improve the water quality has fueled the demand for counter-top carbon filters, thereby propelling the overall market growth, says MarkNtel Advisors in their research report, "Global Water Purifier Market Analysis, 2021."

Global Water Purifier market Experiences Significant Growth in Europe, North America, and Asia-Pacific
Region-wise, the Global Water Purifier Market is analyzed mainly across North America, Europe, and Asia-Pacific, where Europe witnessed around 3.8% year-on-year(Y-o-Y) market growth during 2019-20. It primarily owes to the mounting demand for water purifiers in the residential sector and affordable water purifiers launched by leading manufacturers across Europe also contributed to the overall market growth. On the other hand, North America observed around 5% Y-o-Y market growth during the previous years. The growing water scarcity and the burgeoning initiatives by the government to shift consumer preferences toward adopting energy-saving & electric-based solutions are the most prominent factors propelling the demand for water purifiers in the region.

Pitchers exhibited rapid growth in North America and Europe, critically due to the growing health concerns among people and the paradigm shift of consumers toward adopting Work From Home culture.
The Global Water Purifier Market attained substantial growth across Asia-Pacific in the previous few years, mainly due to China's significant contribution to the market. The burgeoning requirements for water purifiers in urban households owing to the growing water contamination levels are among the prime aspects that propelled the market growth in China. Besides, the rapidly developing commercial sector and the flooding population in the country further surged the need for water purifiers extensively.

Surging Awareness of Water-Borne Disease
Water is the most vital natural resource for supporting life. The declining water quality due to industrial growth and the dumping of untreated sewage waste in water bodies has resulted in the surging presence of harmful chemicals, such as chlorides, fluorides, and nitrate in groundwater, thereby raising health concerns among people.
Furthermore, the growing percentage of contaminated water, increasing incidences of various water-borne diseases, such as diarrhea, hepatitis, roundworm, and escalating demand for safe drinking water are also likely to accelerate the overall market growth in the forecast period.

Key Questions Answered in the Market Research Report:
1. What are the primary overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Water Purifier Market?
2. What are the region-wise industry size, growth drivers, and challenges?
3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Water Purifier Market?
4. Who are the key competitors, their key strengths and weaknesses, and how they perform in Global Water Purifier Market based on a competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the Global Water Purifier Market study?

TABLE OF CONTENT

Introduction
Product Definition
Research Process
Assumptions
Market Segmentation
Executive Summary
Impact of COVID-19 on Global Water Purifier Market
Global Water Purifiers Market Outlook, 2016-26F
Houseware
Market Size & Analysis
By Revenue (Fresh + Replacement)

The dynamic nature of business environment in the current global economy is raising the need amongst business professionals to update themselves with current situations in the market. To cater such needs, Shibuya Data Count provides market research reports to various business professionals across different industry verticals, such as healthcare & pharmaceutical, IT & telecom, chemicals and advanced materials, consumer goods & food, energy & power, manufacturing & construction, industrial automation & equipment and agriculture & allied activities amongst others.

For more information, please contact:

Hina Miyazu

Shibuya Data Count
Email: sales@sdki.jp
Tel: + 81 3 45720790

The post Global Water Purifiers Market Research Report: Insights by Emerging Trends, Future Growth, Revenue Analysis, Demand Forecast (2021-2026) appeared first on Comserveonline.

Market News and Data brought to you by Benzinga APIs