Portable Water Purifier Market - 34% of Growth to Originate from North America | Driven by Deteriorating Quality of Water Resources Leading to Water-related Diseases | Technavio

2022-05-11 08:37:53 By : Mr. Daniel sun

NEW YORK , May 2, 2022 /PRNewswire/ -- The "Portable Water Purifier Market by Distribution Channel, Application, Product and Geography- Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. 34% of the market's growth will originate from North America during the forecast period. The US is the key market for portable water purifiers market in North America . Market growth in this region will be slower than the growth of the market in other regions. The rising demand for pure and safe drinking water will facilitate the portable water purifier market growth in North America over the forecast period.

The potential growth difference for the portable water purifier market between 2021 and 2026 is USD 149.39 million. To get the exact yearly growth variance and the Y-O-Y growth rate, Talk to our analyst.

Market Driver - The deteriorating quality of water resources leading to water-related diseases is one of the key drivers supporting the portable water purifier market growth. Today, around 10% of the population has no access to safe and clean drinking water due to increasing water pollution. There are many unacceptable habits followed by the various industries which lead to contamination of water. For instance, dumping toxic and unrecyclable waste into water bodies. Such activities threaten the health and life of the population across the globe. Such concerns are pushing consumers toward bottled drinking water and water purifiers, which provide clean, purified, bacteria-free, and safe drinking water. Significantly, various brands of bottled drinking water and water purifiers are trying to meet the standards set by governments and regulatory bodies for providing clean and pure drinking water to the population across the globe. Thus, this increasing contamination of the water of bodies across the globe is leading to rising levels of water stress, which is positively influencing the growth of the global portable water purifier market.

Market Challenges - Low safety compared to boiled water is one of the factors hindering the portable water purifier market growth. Boiling water seems to be an easy task, but several factors are taken into consideration before it is used for consumption. The process involves heating the water up to a boiling point and then allowing it to cool down before drinking it. In addition, boiling water results in a flat taste and has some limitations, such as the inability to remove physical impurities like dirt, dust, mud, pesticides, and particles of rust. These impurities can be easily removed by filtering the boiled water. However, chemical impurities such as lead, arsenic, calcium and magnesium salts, and nitrates cannot be removed from water by boiling or filtering. Regardless of all the factors, the limitations and higher costs associated with portable water filters make the systems a less preferred filtration device over other methods such as boiling. Thus, the high costs associated with portable water filters is hindering the market growth.

To learn about additional key drivers, trends, and challenges- Download our Sample Report right now!

The portable water purifier market report is segmented by Distribution Channel (Offline and Online), Application (Outdoor adventure, Tourism and leisure, Military, Emergency rescue, and Others), Product (Extrusion water purifier, Pump water purifier, Suction water purifier, and UV pen purifier), and Geography (North America , Europe , APAC, South America , and the Middle East and Africa ).

The portable water purifier market share growth in the distribution section by the offline segment will be significant for revenue generation. The offline distribution channel includes physical or brick-and mortar-stores of vendors, distributors, and specialty stores. Specialty stores offer a pleasant shopping experience by offering products of a certain category of products related to that category. Moreover, to fuel the sales through offline channels, players are expanding their stores in local and regional markets. Retailers introduce new businesses and retail strategies, such as competitive pricing and wide assortments, to survive the intense competition and draw customers to offline shopping. Thus, the surge in retail channels across regions drives awareness of the different types of portable water purifiers among end-users. It is expected to increase the global sales of portable water purifiers during the forecast period.

Download our sample report for additional insights into the contribution of all the segments

The portable water purifier market is fragmented and the vendors are deploying growth strategies such as technology, CAPEX, and R and D to compete in the market.

To gain access to more vendor profiles with their key offerings available with Technavio, Click Here

The portable air humidifier and dehumidifier market share in the US is expected to increase by USD 348.1 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 5.37%. Download a sample now!

The smart home weather stations and rain gauge market share is expected to increase by USD 69.7 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 8.07%. Download a sample now!

Portable Water Purifier Market Scope

Decelerate at a CAGR of 10.1%

North America, Europe, APAC, South America, and Middle East and Africa

US, China, UK, Germany, and France

Leading companies, competitive strategies, consumer engagement scope

3M Corp., A. O. Smith Corp., Aquamira Technologies Inc., Berkey Filters, Berkshire Hathaway Inc., Cascade Designs Inc., Clearbrook, Helen of Troy Ltd., Katadyn Products Inc., KENT RO Systems Ltd., LIFESTRAW SARL, Pall Corp., Pentair Plc, Sawyer Products Inc., Shapoorji Pallonji And Co. Pvt. Ltd., Sofina SA, Survivor Filter, Tata Sons Pvt. Ltd., The Procter and Gamble Co., and WATERisLIFE

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

3.4 Market outlook: Forecast for 2021-2026

5 Market Segmentation by Distribution Channel

5.3 Offline - Market size and forecast 2021-2026

5.4 Online - Market size and forecast 2021-2026

5.5 Market opportunity by Distribution Channel

6.3 Outdoor adventure - Market size and forecast 2021-2026

6.4 Tourism and leisure - Market size and forecast 2021-2026

6.5 Military - Market size and forecast 2021-2026

6.6 Emergency rescue - Market size and forecast 2021-2026

6.7 Others - Market size and forecast 2021-2026

7.3 Extrusion water purifier - Market size and forecast 2021-2026

7.4 Pump water purifier - Market size and forecast 2021-2026

7.5 Suction water purifier - Market size and forecast 2021-2026

7.6 UV pen purifier - Market size and forecast 2021-2026

9.3 North America - Market size and forecast 2021-2026

9.4 Europe - Market size and forecast 2021-2026

9.5 APAC - Market size and forecast 2021-2026

9.6 South America - Market size and forecast 2021-2026

9.7 Middle East and Africa - Market size and forecast 2021-2026

9.8 US - Market size and forecast 2021-2026

9.9 UK - Market size and forecast 2021-2026

9.10 China - Market size and forecast 2021-2026

9.11 Germany - Market size and forecast 2021-2026

9.12 France - Market size and forecast 2021-2026

10.3 Impact of drivers and challenges

12.11 The Procter and Gamble Co.

13.3 Currency conversion rates for US$

About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email:media@technavio.com Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/portable-water-purifier-market---34-of-growth-to-originate-from-north-america--driven-by-deteriorating-quality-of-water-resources-leading-to-water-related-diseases--technavio-301536659.html

Tesla Inc is open to buying a mining company if producing its own supply of electric vehicle (EV) metals would speed up worldwide adoption of clean energy technologies, Chief Executive Officer Elon Musk said on Tuesday. Concern is mounting across the EV industry that there may not be enough supply of lithium, nickel, copper and other metals to match demand later this decade, fueling questions about whether Tesla would consider jumping into the mining sector. "It's not out of the question," Musk told the FT Future of the Car 2022 conference.

Energy Transfer (NYSE: ET) has invested billions of dollars in building one of the largest energy midstream companies in the country. The master limited partnership (MLP) has completed a steady stream of expansion projects and acquisitions, giving it a nearly unparalleled footprint. The company is working on a growing list of development projects while also pursuing strategic acquisitions that could reaccelerate its growth engine.

IBM has set a new goal for propelling the legacy technology company ahead of its rivals: a quantum computer ready for commercial use, three years from now. In an interview Monday ahead of the company's Think conference, Chief Executive Arvind Krishna said International Business Machines Corp would have a more-than-4,000 qubit quantum computer ready by 2025, a jump from its hardware with 127 qubits today. Companies for years have touted quantum computing's potential, with little to show for it beyond error-prone machines and basic applications with early clients.

The move is part of Volkswagen’s effort to boost its U.S. presence as war and Covid-19 cloud its prospects in Europe and China.

Bitcoin mining difficulty hit another all-time-high on Wednesday, recording a 4.9% increase from the previous adjustment last month. See related article: SEC places Chinese crypto mining rig maker Canaan on pre-delisting list Fast facts The mining difficulty reading is now at 31.25 trillion at a block height of 735,840, according to BTC.com data. The previous […]

The Russian rouble’s fortunes are increasingly disconnected from the health of the Russian economy as international sanctions tighten in response to the war in Ukraine.

The Energy Information Administration released a report that included predictions on gas prices. Much will depend on the weather.

(Bloomberg) -- Sign up for our Middle East newsletter and follow us @middleeast for news on the region.Most Read from BloombergMarcos Jr. Leads With 61% of Votes Counted: Philippines UpdateStocks Sink to 13-Month Low as U.S. Curve Steepens: Markets WrapDay Trader Army Loses All the Money It Made in Meme-Stock EraPhilippine Stocks Fall as Traders Weigh Marcos Win, Global RoutRussian Envoy to Poland Hit With Red Paint in War ProtestThe oil ministers of Saudi Arabia and the United Arab Emirates war

(Bloomberg) -- Oil continued its retreat into a second session as galloping US inflation fueled concerns it would force moves that risk pushing the economy into a recession.Most Read from BloombergDon’t Bother Paying Off Student Loan Debt Right Now, Advisers SayMarcos Jr. Leads With 61% of Votes Counted: Philippines UpdateStocks Bounce Back in Countdown to Key CPI Data: Markets WrapBiden Team Sees China Tilt Aided as Putin Falters in UkraineStocks Sink to 13-Month Low as U.S. Curve Steepens: Mar

Prices jumped after Ukraine said it would reduce natural-gas flows from Russia through its territory, blaming interference by Russian forces with pipelines in the east of the country.

Ukraine's grid said it would stop receiving supply into the Sokhranivka station from 7am local time on 11 May, raising fears over European energy shortages.

(Bloomberg) -- In the buttoned-down world of Wall Street research, JPMorgan Chase & Co.’s description of Chinese Internet companies was an instant shocker: “uninvestable.”Most Read from BloombergMarcos Jr. Leads With 61% of Votes Counted: Philippines UpdateStocks Sink to 13-Month Low as U.S. Curve Steepens: Markets WrapDay Trader Army Loses All the Money It Made in Meme-Stock EraBiden Team Sees China Tilt Aided as Putin Falters in UkraineStocks Fluctuate Ahead of Key Inflation Report: Markets Wr

Peru will increase public spending in mining regions in a bid to de-escalate social conflicts that have impacted mining output, Finance Minister Oscar Graham said on Tuesday. Peru is the world’s No. 2 copper producer and mining is a key source of tax revenue.

Buckle up, because volatility is back in a big way on Wall Street. This past Thursday, May 5, just a day after the Federal Reserve increased interest rates by their largest amount in two decades (50 basis points), all of the major indexes crashed. Although "crash" is a bit of a subjective term, the nominal and percentage declines for all of the indexes sent shockwaves throughout Wall Street.

Spartan Delta Corp. ("Spartan" or the "Company") (TSX: SDE) is pleased to report its unaudited financial and operating results for the three months ended March 31, 2022.

(Reuters) -Tesla Inc Chief Executive Officer Elon Musk said on Tuesday that he will stay at the electric car company as long as he is useful amid investor concerns that buying Twitter would distract him from his job at Tesla. He also said China's COVID-19 lockdown measures would not be "a significant issue in the coming weeks" at a time when its Shanghai factory is struggling to ramp up production following a suspension last month. When asked about how long he expects to stay at Tesla, he said: "As long as I can be useful."

Tesla Inc Chief Executive Officer Elon Musk said on Tuesday that he will stay at the electric car company as long as he is useful amid investor concerns that buying Twitter would distract him from his job at Tesla. He also said China's COVID-19 lockdown measures would not be "a significant issue in the coming weeks" at a time when its Shanghai factory is struggling to ramp up production following a suspension last month. When asked about how long he expects to stay at Tesla, he said: "As long as I can be useful."

Natural gas markets have been pummeled over the last couple of days but have bounced from exactly where I was hoping to see a decision made.

Retail gasoline prices in the United States rose on Tuesday and hit another all-time record, surpassing one set in March, as global refineries grappled with a bottleneck that has sent prices soaring ahead of driving season. Since March 30, Brent crude futures have lost 7%, but gasoline futures are up 9.4%, and hit a record on Friday of $3.7590 per gallon before selling off on Monday. Refinery closures due to both scheduled maintenance and unplanned upsets have boosted fuel prices even as the United States and other nations have taken steps to boost worldwide crude supply.

When looking for the best artificial intelligence stocks to buy, identify companies using AI technology to improve products or gain a strategic edge, such as Google, Microsoft and Nvidia.