Global Water Filters Market, By Media Type (Single & Dual Media Filter, Multi-Media Filtration, Strainer Cartridge and Others), Technology Type (Gravity Purifiers, RO Purifiers, UV Purifiers, Sediment Filter, Water Softener and Others), Application (Storage Based and Non-Storage Based), Distribution Channel (Retail Stores, Direct Sales and Online), End-User (Industrial, Commercial, Household and Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Water Filters Market
Global water filters market is expected to show a CAGR of 6.57% for the forecast period of 2021-2028. Due to increased polluted water in the natural water bodies, the demand for water filters has significantly risen over the years. Currently the global water filters market stands at a market value of USD 12.31 billion and will rise to USD 20.48 billion by the end of the forecast period.
Water and make it safe for drinking and consumption purposes. In today’s world, one cannot safely drink water from natural water bodies. This is because of the ever-increasing water pollution. The reasons for the same are many such as discharging animal and human excreta into the rivers, discharging industrial waste, dumping garbage into the water bodies among others. Thus, the water abundantly polluted water bodies need to be treated and purified and made fit for consumption. This is where the water filters assume their roles. There is a lot of competition in the market as numerous companies and brands have stepped into the market. This shows how important water filters are in today’s time.
Rapid industrialization and deteriorating water quality is an issue of concern. The rising awareness about the importance of the water filters and the diseases caused by drinking contaminated water is responsible for the rise in the water filters market value. Water filters are available at cheap prices. This means that end-users don’t have to spend a large sum on their investment. This has also resulted in improving the demand for the water filters globally. Technological advancement and new product development technology will also work in the favour of expanding the market.
However, there is one important and undeniable restraint of using water filters. There is a possibility of poisoning the water in the process of filtration. A small dysfunction in the technology or the apparatus may result in releasing toxins into the water present in the filter and my cause grievous problems.
This water filters market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on water filters market, contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Water Filters Market Scope and Market Size
The water filters market is segmented on the basis of media type, technology type, application, distribution channel and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of media type, the water filters market is segmented into single & dual media filter, multi-media filtration, strainer cartridge and others.
- The water filters market, by technology type is segmented into gravity purifiers, RO purifiers, UV purifiers, sediment filter, water softener and others.
- The water filters market, based on application is segmented into storage based and non-storage based.
- Retail stores, direct sales and online are the segments of water filters market on the basis of distribution channel.
- The water filters market can also be segmented on the basis of end-user into industrial, commercial, household and others.
Water Filters Market Country Level Analysis
The water filters market is analysed and market size, volume information is provided by country, media type, technology type, application, distribution channels and end-user as referenced above.
The countries covered in the water filters market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Presently, Asia-Pacific holds the largest water filters market share and is expected to maintain the pace. This is because of the habit of disposing domestic and industrial waste by discharging it into the water bodies without treating it. Also, the region is expected to witness the highest CAGR for the forecast period because of the increasing demand of wastewater management technologies and strict regulations by the government on discharging industrial waste into the water bodies.
The country section of the water filters market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Water Filters Market Share Analysis
Water filters market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to water filters market.
The major players covered in the water filters market report are MANN+HUMMEL, Veolia, SUEZ, Pentair., Mitsubishi Chemical Corporation., EcoWater Systems LLC., ION EXCHANGE, Evoqua Water Technologies LLC, Eaton., COWAY CO.,LTD., BRITA GmbH, A. O. Smith, Eureka Forbes., KENT RO Systems Ltd., BWT Holding GmbH, Panasonic Corporation, LG Electronics., Culligan, 3M and Eco Pure Waters (Thailand) Co., Ltd. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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