Pune, India , May 25, 2023 (GLOBE NEWSWIRE) -- The United States water purifier market size was USD 5.85 billion in 2021 and is projected to grow from USD 6.12 billion in 2022 to USD 9.10 billion by 2029 at a CAGR of 5.8% during the 2022-2029 period.
Fortune Business Insights™ presents valuable insights in its report titled "United States Water Purifier Market, 2022-2029."
The United States populace is displaying an increasing inclination towards health consciousness, actively adopting consistent drinking routines to support the optimal operation of vital bodily systems. This prevailing trend finds affirmation in the escalating prevalence of health applications, accessible through the dominant app stores, which facilitate the regulation of one's drinking habits.
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List of Key Players Covered in the United States Water Purifier Market Report:
- A. O. Smith Corporation (U.S.)
- Brita LP (U.S.)
- Omnipure Filter Company (U.S.)
- Helen of Troy (U.S.)
- APEC Water Systems (U.S.)
- Instapure Brands, Inc. (U.S.)
- Crystal Quest (U.S.)
- Pentair PLC (U.S.)
- Paragon Water Systems, Inc. (U.S.)
- Apex Water Filters, Inc. (U.S.)
- Pure-Pro Water Corporation (U.S.)
Report Scope & Segmentation:
| Report Attributes | Details |
| Forecast Period | 2022-2029 |
| Forecast CAGR | 5.8% |
| 2029 Value Projection | USD 9.10 Billion |
| Market Size in 2022 | USD 6.12 Billion |
| Historical Data | 2018-2020 |
| No. of Pages | 135 |
| Report Coverage | Revenue Forecast, Company Profiles, Competitive Landscape, Growth Factors and Latest Trends |
| Segments Covered |
|
| Regions Covered |
|
| Water Purifier Market Growth Drivers | Rising Usage of RO Filters to Lead Market in Upcoming Years |
| Various Benefits of Water Purification Devices to Fuel Market Growth |
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/us-water-purifier-market-104696
Segmentation
Based on product type, the market is segmented into point-of-use filters and point-of-entry filters.
On the basis of category
- RO filter
- UV filter
- Gravity filter
Based on the distribution channel
- offline stores
- online stores
Regional Outlook
- North America
- Europe
- Asia Pacific
The U.S. market encompasses both offline and online distribution channels for all these product categories. Notably, in 2021, RO filters emerged as the dominant segment, capturing the majority share in the market.
The market is bifurcated as residential and commercial based on application.
COVID-19 Impact
Consumer Consciousness about Clean Drinking Water to Affirmatively Spur Market during COVID-19
Report Coverage
During the pandemic, although the entire United States did not enforce strict lockdown measures, certain regions within the country implemented mobility restrictions and limitations on the transportation of goods. Given that the water purification industry heavily relies on labor, these measures had a detrimental impact on the industry's supply chain. The importation of filters from Asian countries, which is a common practice for many companies, experienced material shortages and a scarcity of manpower due to health issues. Consequently, numerous companies faced challenges in fulfilling their existing orders within the designated timeframes, primarily due to logistical setbacks.
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Driving Factors
The primary parameter causing a surge in the performance of the market is the technological advancements in the industry. Water purification products play a crucial role in eliminating harmful viruses, bacteria, and other impurities, rendering water safe for drinking and various domestic applications. In light of a report published by the World Health Organization (WHO), a significant portion of the global population is projected to reside in water-scarce regions by 2025. Consequently, the optimization of water resources has become imperative for water purification products. It is well established that contaminated water remains a primary source of waterborne diseases, including cholera, typhoid, dysentery, and diarrhea. Shockingly, the WHO estimates that consumption of contaminated water leads to approximately 500,000 deaths annually due to diarrhea. These alarming statistics are poised to drive the growth of the water purifier market.
Competitive Landscape
Groundbreaking Product Presentations by Crucial Players to Spur Market Growth
The chief players implement numerous tactics to bolster their position in the market as dominating companies. One such pivotal approach is procuring companies to boost the brand value among users. Another effective tactic is intermittently launching inventive products with a methodical review of the market and its target audience.
Key Industry Development
Water purifier development is an ongoing endeavor aimed at improving the quality and accessibility of clean drinking water. As global concerns over water scarcity and pollution intensify, the need for effective purification technologies becomes increasingly crucial.
Innovative advancements in water purifier design and functionality have led to the development of various systems and technologies. These solutions employ different purification methods, such as reverse osmosis (RO), ultraviolet (UV) disinfection, activated carbon filtration, and advanced oxidation processes, among others.
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Detailed Table of Content:
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- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Trends
- Key Insights
- Latest technological advancements
- Insights on Regulatory Scenario
- PEST Analysis
- PORTER’s Five Forces Analysis
- COVID-19 Impact Analysis
- Supply Chain Challenges
- Steps Taken by Companies to Combat COVID-19
- Potential Opportunities due to COVID-19 Outbreak
- U.S. Water Purifier Market Analysis, Insights, and Forecast, 2018-2029
- Key Findings / Summary
- Market Analysis, Insights and Forecast, By Product Type (Value)
- Point-of-use Filters
- Under the counter filters
- Counter top filters
- Pitcher filters
- Faucet mounted filter
- Others
- Point-of-entry Filters
- Point-of-use Filters
- Market Analysis, Insights and Forecast, By Category (Value)
- RO Filters
- UV Filters
- Gravity Filters
- Others
- Market Analysis, Insights, and Forecast, By Application (Value)
- Residential
- Commercial
- Market Analysis, Insights, and Forecast, By Distribution Channel (Value)
- Offline Stores
- Online Stores
- Competitive Landscape
- Company Market Share Analysis 2021 (%)
- Company Profiles (Overview, Product Portfolio, Recent Developments, Strategies, Financials {Based on availability})
- A.O. Smith Corporation
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- Helen of Troy
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- Pentair PLC
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- Brita U.S.A.
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- A.O. Smith Corporation
- Introduction
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TOC Continued...!
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United States Water Purifier Market
