Dublin, Feb. 20, 2024 (GLOBE NEWSWIRE) -- The "Global Point of Use Water Treatment Systems Market Size, Share & Trends Analysis Report by Technology (Reverse Osmosis), Device (Tabletop Pitchers), Application (Residential), Region, and Segment Forecasts, 2024-2030" report has been added to ResearchAndMarkets.com's offering.
The global point of use water treatment systems market is anticipated to reach USD 53.56 billion by 2030 and it is projected to grow at a CAGR of 9% from 2024 to 2030. The increasing scarcity of fresh water reservoirs and safe drinking water across the world owing to the increasing industrial activities and growing population is anticipated to fuel the growth of the market over the forecast period. 
The escalating demand for point-of-use water treatment systems is a reflection of a broader societal shift towards prioritizing water quality in both residential and non-residential domains. The residential sector embraces point-of-use water treatment systems for their convenience and affordability, providing a personalized approach to enhancing drinking water quality. Simultaneously, the non-residential sector leverages the adaptability and scalability of point-of-use water treatment systems to address diverse water treatment needs, ensuring compliance with regulations and cost-effective solutions. This growing reliance on point-of-use water treatment systems underscores a collective recognition of the importance of localized and tailored approaches to secure clean and safe water in both personal and professional spheres.
Population growth, rapid urbanization, technological advancements, and infrastructure expansion have all increased global demand for fresh and processed water. The human population has grown more than double in the last 50 years, resulting in a high consumption of water. The lack of freshwater sources has resulted in water scarcity. The reduced water resources & increased water pollution are also aiding the demand for point of use water treatment systems.
Point of Use Water Treatment Systems Market Report Highlights
- Based on technology, reverse osmosis systems segment dominated the technology segment with more than 32.1% share in 2023 owing to attractive features and pollutant removal capabilities
- Based on technology, the filtration segment is expected to grow at the fastest CAGR over the forecast period
- Based on device, the tabletop pitchers device segment held the largest market share of 34.6% in 2023
- Based on the device, the under-the-sink filters device segment is anticipated to witness the fastest CAGR during the forecast period
- Increasing health awareness and consciousness regarding water-borne illnesses and diseases across the globe is a prominent driving factor of the market growth
- Asia-Pacific dominated the point of use water treatment market owing to factors such as increasing disposable income, rising pollution, surge in health awareness, and lack of safe water
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 125 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value (USD) in 2023 | $28.94 Billion |
| Forecasted Market Value (USD) by 2030 | $53.56 Billion |
| Compound Annual Growth Rate | 9.0% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.3. Competitive Landscape Snapshot
Chapter 3. Point of Use Water Treatment Systems Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Water Treatment Systems Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Distribution Channel Analysis
3.2.2. Raw Material Trends
3.2.3. Technological Overview
3.3. Regulatory Framework
3.4. Market Dynamics
3.5. Industry Analysis Tools
Chapter 4. Point of Use Water Treatment Systems Market: Technology Estimates & Trend Analysis
4.1. Technology Movement Analysis & Market Share, 2023 & 2030
4.2. Point of Use Water Treatment Systems Market Estimates & Forecast, by Technology, 2018 to 2030 (USD Million)
4.3. Reverse Osmosis Systems
4.4. Distillation Systems
4.5. Disinfection Methods
4.6. Filtration Methods
Chapter 5. Point of Use Water Treatment Systems Market: Device Estimates & Trend Analysis
5.1. Device Movement Analysis & Market Share, 2023 & 2030
5.2. Point of Use Water Treatment Systems Market Estimates & Forecast, by Device, 2018 to 2030 (USD Million)
5.3. Tabletop Pitchers
5.4. Faucet-Mounted Filters
5.5. Counter-top Units
5.6. Under-the-sink Filters
Chapter 6. Point of Use Water Treatment Systems Market: Application Estimates & Trend Analysis
6.1. Application Movement Analysis & Market Share, 2023 & 2030
6.2. Point of Use Water Treatment Systems Market Estimates & Forecast, by Application, 2018 to 2030 (USD Million)
6.3. Residential
6.4. Commercial
6.5. Industrial
Chapter 7. Point of Use Water Treatment Systems Market: Regional Estimates & Trend Analysis
7.1. Regional Movement Analysis & Market Share, 2023 & 2030
7.2. North America
7.3. Europe
7.4. Asia-Pacific
7.5. Central & South America
7.6. Middle East & Africa
Chapter 8. Point of Use Water Treatment Systems Market - Competitive Landscape
8.1. Recent Developments & Impact Analysis, by Key Market Participants
8.2. Company Categorization
8.3. Company Market Share/Position Analysis, 2023
8.4. Company Heat Map Analysis
8.5. Strategy Mapping
8.6. Company Profiles
- 3M
- Koninklijke Phillips N.V.
- Pentair
- Panasonic Holdings Corporation
- Unilever
- LG Electronics
- EcoWater Systems LLC
- A.O. Smith
- Culligan
- Amway Corp.
For more information about this report visit https://www.researchandmarkets.com/r/p3da1j
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