Dublin, March 07, 2022 (GLOBE NEWSWIRE) -- The "Australia Water Purifier Market, By Type (Counter-Top, Under Sink, Faucet Mount & Others {Tankless, Smart Purifier, etc.}), By Technology (RO, UF, UV, Media & Others {Nanofiltration, etc.}), By Sales Channel, By Region, Competition Forecast & Opportunities, 2027F" report has been added to ResearchAndMarkets.com's offering.
The Australian Water Purifier Market stood at USD180.23 million in 2021 and is anticipated to grow at a CAGR of 4.53% in the forecast period, 2023-2027.
The increasing prevalence of water-borne diseases, rising health consciousness among consumers, and deteriorating surface and groundwater quality are the primary factors driving the growth of the Australian Water Purifier Market.
Rapid industrialization adversely affects water quality due to the release of harmful pollutants into the water bodies. The main supply source in Australia is municipal water, but the drinking water is still largely dependent on the polluted surface water reservoir. Water purifier removes the presence of a pathogen, bacteria, and other pollutants and makes them safe for human consumption.
Consumers are installing water purifiers to make the water suitable for drinking purposes and easy to use. The surge in awareness about the benefits of healthy drinking water, including improvement in digestion system and skin quality, weight reduction, and enhancement of the body's immune system, is expected to contribute to the Australian Water Purifier Market growth.
Advancements in water purification techniques such as developing advanced membrane systems, carbon nanotubes, and other offerings are expected to influence the market demand in the next five years.
The Australian Water Purifier Market is segmented based on type, technology, sales channel, company, and regional distribution. Based on technology, the market is divided into RO, UF, UV, media, and others.
RO technology is expected to hold the largest market share in the forecast period. RO technology is in high demand as it offers several benefits, including low electricity consumption performance efficiency, and is highly technologically advanced to remove the most harmful pollutants from the water.
Objective of the Study:
- To analyze the historical growth of the market size of the Australian Water Purifier Market from 2017 to 2020.
- To estimate and forecast the market size of the Australian Water Purifier Market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast the Australian Water Purifier Market based on type, technology, sales channel, company, and regional distribution.
- To identify dominant region or segment in the Australian Water Purifier Market.
- To identify drivers and challenges for the Australian Water Purifier Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Australian Water Purifier Market.
- To identify and analyze the profile of leading players operating in the Australian Water Purifier Market.
- To identify key sustainable strategies adopted by the market players in the Australian Water Purifier Market.
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Australian Water Purifier Market.
Major market players operating in the Australian Water Purifier Market are
- Brita Water Filter Systems Distributors PTY Ltd.
- Amway of Australia Pty. Ltd
- Waters Co Ltd.
- TAPP Water Australia Pty Ltd
- Philips Electronics Australia Limited
- Breville Pty Ltd
- Healthway Pure Pty Ltd
- Panasonic Australia Pty Ltd
- Purifiers (AUST) Pty Ltd
- The Water Shops (Aust) Pty Ltd
Report Scope:
Years considered for this report:
- Historical Years: 2017-2020
- Base Year: 2021
- Estimated Year: 2022
- Forecast Period: 2023-2027
Australia Water Purifier Market, By Type:
- Counter-Top
- Under Sink
- Faucet Mount
- Others
Australia Water Purifier Market, By Technology:
- RO
- UF
- UV
- Media
- Others
Australia Water Purifier Market, By Sales Channel:
- Retail
- Distributor
- Direct
- E-Commerce
- Others
Australia Water Purifier Market, By Region:
- NSW
- Victoria
- Queensland
- Western Australia
- South Australia
- Tasmania
- North Territory
For more information about this report visit https://www.researchandmarkets.com/r/wob0uf
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