July 22, 2022 06:08 ET | Source: Research and Markets Research and Markets
Dublin, July 22, 2022 (GLOBE NEWSWIRE) -- The "Water Purifiers Global Market Report 2022, By Technology Type, By End-User, By Distribution Channel, By Portability, By Device Type" report has been added to ResearchAndMarkets.com's offering. The global water purifiers market is expected grow from $27.89 billion in 2021 to $30.255 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The market is expected to reach $40.29 billion in 2026 at a CAGR of 7.4%. Asia Pacific was the largest region in the water purifiers market in 2021. North America was the second-largest region in the water purifiers market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The scarcity of safe water is contributing to the growth of the water purifier market. According to the United States National Ocean Service, about 97.0% of the water on earth is salt water and the remaining 3.0% is available in the form of ice, vapor, groundwater and freshwater sources. High maintenance and equipment cost is expected to hinder the growth of the water purifier market during the period. The average cost of water purifiers ranges from USD 100 to $2,773 depending on the model and it needs the repeated maintenance, especially in the case of Reverse Osmosis Purifiers which require a maintenance every 3 to 12 months depending on the usage of water.
The maintenance cost ranges from USD 120 to USD 750, which cannot be afforded by the people living in rural areas or those belonging to under the poverty range population. Consequently, high equipment and maintenance cost is anticipated to hinder the growth of water purifiers. The increase usage of internet of things technology (IOT) enabled water purifier is an emerging trend in the water purifiers market. The Internet of Things is a network which contains interrelated physical components which can be accessed using the internet for collecting and exchanging data. In water purifiers, the Internet of things is used to give information on the water quality, life of the filters, total dissolved solids levels, and service support.
1) By Technology Type: RO Water Purifier; UV Water Purifier; Gravity-Based Water Purifier 2) By End-User: Industrial; Commercial; Household 3) By Distribution Channel: Retail Stores; Direct Sales; Online 4) By Portability: Portable; Non-Portable 5) By Device Type: Wall Mounted; Countertop; Tabletop; Faucet-mounted; Under-The-Sink (UTS) Key Topics Covered: 1. Executive Summary 2. Water Purifiers Market Characteristics 3. Water Purifiers Market Trends And Strategies 4. Impact Of COVID-19 On Water Purifiers 5. Water Purifiers Market Size And Growth 6. Water Purifiers Market Segmentation 6.1. Global Water Purifiers Market, Segmentation By Technology Type
6.2. Global Water Purifiers Market, Segmentation By End-User
6.3. Global Water Purifiers Market, Segmentation By Distribution Channel
6.4. Global Water Purifiers Market, Segmentation By Portability
6.5. Global Water Purifiers Market, Segmentation By Device Type
7. Water Purifiers Market Regional And Country Analysis 8. Asia-Pacific Water Purifiers Market 9. China Water Purifiers Market
10. India Water Purifiers Market 11. Japan Water Purifiers Market 12. Australia Water Purifiers Market 13. Indonesia Water Purifiers Market 14. South Korea Water Purifiers Market
15. Western Europe Water Purifiers Market 16. UK Water Purifiers Market 17. Germany Water Purifiers Market 18. France Water Purifiers Market 19. Eastern Europe Water Purifiers Market 20. Russia Water Purifiers Market 21. North America Water Purifiers Market 22. USA Water Purifiers Market 23. South America Water Purifiers Market 24. Brazil Water Purifiers Market 25. Middle East Water Purifiers Market
26. Africa Water Purifiers Market 27. Water Purifiers Market Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions In The Water Purifiers Market 29. Water Purifiers Market Future Outlook and Potential Analysis Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/fvldmq