North America, Europe and Middle East and Africa Water Filters Market, By Type (Reverse Osmosis Filters and Mechanical Filters), Price Range (Medium, Low, and High), Portability (Portable and Non Portable), End-Use (Residential, Commercial, and Industrial) - Industry Trends and Forecast to 2031.
North America, Europe and Middle East and Africa Water Filters Market Analysis and Size
Increasing consumer awareness regarding health risks associated with contaminated water and growing population, rapid urbanization, and industrialization demands effective filtration systems are driving the market growth. Regulatory complexities and compliance requirements and high equipment and maintenance costs are potentially restraining the market growth. Increasing demand for advanced filtration technologies in the healthcare sector is expected to provide opportunities for the market growth. Competition from alternative water treatment methods is expected to challenge the market growth.
Data Bridge Market Research analyzes that the North America, Europe and Middle East and Africa water filters market is expected to grow with a CAGR of 6.5% from 2024 to 2031 and is expected to reach USD 23.77 billion by 2031 from USD 14.48 billion 2023.
|
Report Metric
|
Details
|
|
Forecast Period
|
2024 to 2031
|
|
Base Year
|
2023
|
|
Historic Years
|
2022 (Customizable to 2016-2021)
|
|
Quantitative Units
|
Revenue in USD Billion and Volume in Thousand Units
|
|
Segments Covered
|
Type (Reverse Osmosis Filters and Mechanical Filters), Price Range (Medium, Low, and High), Portability (Portable and Non Portable), End-Use (Residential, Commercial, and Industrial)
|
|
Countries Covered
|
U.S., Canada, Mexico, Germany, U.K., France, Italy, Russia, Turkey, Spain, Netherlands, Switzerland, Belgium, rest of Europe, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, rest of Middle East and Africa
|
|
Market Players Covered
|
3M, A. O. Smith, Unilever, Midea, Whirlpool Corporation, Blue Star Limited, Panasonic Holdings Corporation, LG Electronics, Pentair, GE Appliances, a Haier company, Livpure, Coway USA, BRITA SE, LifeStraw, minlo, Waterdropfilter, Prio, The Perfect Water, PureDrop, Culligan Water, EcoWater, iSpring Water Systems, AquaTru LLC., Helen of Troy, BlueFilters, Bluevua Inc., Frizzlife, Tappwater (a Subsidiary of Bluewater Group in Sweden), AQUAPHOR, BWT Holding GmbH, Aqua Filter Water Treatment Equ. Tr. LLC, PureTech Uae, Seychelle, Eureka Forbes, among others
|
Market Definition
The water filters market comprises devices designed to purify water for various applications. In North America, water filters are utilized extensively in residential, commercial, and industrial sectors to remove impurities and improve water quality for drinking, cooking, and manufacturing processes. Similarly, in Europe, water filters find applications in households, restaurants, and healthcare facilities to ensure safe and clean water supply. In the Middle East and Africa, water filters are used in residential, commercial, and municipal settings to address water scarcity and enhance water quality for consumption, agriculture, and sanitation purposes.
North America, Europe and Middle East and Africa Water Filters Market Dynamics
Drivers
- Increasing Consumer Awareness Regarding Health Risks Associated with Contaminated Water
Consumers are becoming more aware of the potential health risks posed by impurities in drinking water, including bacteria, viruses, heavy metals, pesticides, and chemicals. Exposure to these contaminants can lead to adverse health effects, such as gastrointestinal illnesses, reproductive issues, neurological disorders, and certain types of cancer. As consumers prioritize health and wellness, the demand for safe and clean drinking water solutions, such as water filters, is increasing.
Public health initiatives, educational campaigns, and outreach efforts by governmental organizations, non-profit associations, and health advocacy groups aim to educate consumers about the importance of clean drinking water and the health risks related with waterborne contaminants. These awareness-raising efforts help empower consumers to make informed decisions about water filtration and purification options to safeguard their health and well-being.
- Growing Population, Rapid Urbanization, and Industrialization Demands Effective Filtration Systems
The increasing population in urban areas have created higher demand for clean drinking water. As more people rely on centralized water distribution systems, the risk of water contamination and the need for filtration solutions escalate. Water filters provide households, businesses, and communities with a reliable means of purifying tap water, ensuring access to safe and healthy drinking water amidst population growth.
Rapid urbanization leads to higher water consumption and wastewater generation, placing greater strain on existing water infrastructure and treatment facilities. As cities expand and populations concentrate in urban areas, the need for decentralized water treatment solutions becomes evident. Water filters offer a decentralized approach to water purification, allowing for point-of-use or point-of-entry filtration to meet the needs of urban residents and businesses.
Opportunity
- Increasing Demand for Advanced Filtration Technologies in the Healthcare Sector
In healthcare facilities such as hospitals, clinics, and laboratories, maintaining clean and sterile water is essential for patient safety and infection control. Advanced filtration technologies, including ultrafiltration, microfiltration, and membrane filtration, are capable of removing bacteria, viruses, and other pathogens from water sources, ensuring safe water for medical procedures, dialysis, and patient consumption.
Medical devices and equipment used in healthcare settings, such as hemodialysis machines, autoclaves, and laboratory instruments, require purified water to function effectively and reliably. Advanced water filtration systems play a crucial role in providing high-quality water for medical equipment, preventing contamination, and prolonging the lifespan of expensive medical devices.
Restraint/Challenge
- High Equipment and Maintenance Costs
Water filtration equipment, including filtration systems, membranes, cartridges often requires a substantial initial investment. The high upfront cost of purchasing filtration equipment can deter potential buyers, especially small businesses, municipalities, and households with budget constraints or limited financial resources.
In addition to equipment costs, installation expenses associated with water filtration systems can add to the total cost of ownership. Installation involve site preparation, plumbing modifications, electrical wiring, and labor costs, depending on the complexity and scale of the filtration project. These additional expenses can further strain budgets and impact the affordability of water filtration solutions.
Recent Developments
- In March 2024, Pentair, a company known for its efforts in promoting sustainable water use worldwide, is proud to accept the 2024 ENERGY STAR Partner of the Year – Sustained Excellence Award from the U.S. Environmental Protection Agency (EPA) and the U.S. Department of Energy. This marks the twelfth consecutive year that Pentair has received this prestigious award. It demonstrates the company's ongoing commitment to sustainability and environmental responsibility
- In September 2023, Whirlpool Corporation announced that it has been standard as one of the World’s Best Companies for 2023 by Time magazine. Whirlpool Corp.’s inclusion on the list reflects its commitment to distributing products and solutions that enhance the lives of people around the world while paying to a more sustainable and responsible future. It enhanced the brand value for the company
North America, Europe and Middle East and Africa Water Filters Market Scope
North America, Europe and Middle East and Africa water filters market is segmented into four notable segments based on type, price range, portability, and end-use. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
- Reverse Osmosis Filters
- Mechanical Filters
On the basis of type, North America, Europe and Middle East and Africa water filters market is segmented into reverse osmosis filters and mechanical filters.
Price Range
- Medium
- Low
- High
On the basis of price range, North America, Europe and Middle East and Africa water filters market is segmented into medium, low, and high.
Portability
- Portable
- Non Portable
On the basis of portability, North America, Europe and Middle East and Africa water filters market is segmented into portable and non portable.
End-Use
- Residential
- Commercial
- Industrial
On the basis of end-use, North America, Europe and Middle East and Africa water filters market is segmented into residential, commercial, and industrial.
North America, Europe and Middle East and Africa Water Filters Market Regional Analysis/Insights
North America, Europe and Middle East and Africa water filters market is segmented into four notable segments based on type, price range, portability, and end-use.
The countries in the North America, Europe and Middle East and Africa water filters market are, U.S., Canada, Mexico, Germany, U.K., France, Italy, Russia, Turkey, Spain, Netherlands, Switzerland, Belgium, rest of Europe, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and rest of Middle East and Africa.
North America is expected to dominate the North America, Europe and Middle East and Africa water filters market. U.S. is expected to dominate the North America region due to rising investments in water treatment and increasing demand from end user industries. Germany is expected to dominate the Europe region due to increasing consumer awareness regarding health risks associated with contaminated water. Saudi Arabia is expected to dominate the Middle East and Africa region due to rising investments in water treatment and purification technologies due to water scarcity concerns.
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data point downstream and upstream value chain analysis, technical trends porter's five forces analysis, and 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, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and North America, Europe and Middle East and Africa Water Filters Market Share Analysis
North America, Europe and Middle East and Africa water filters market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the North America, Europe and Middle East and Africa water filters market.
Some of the prominent participants operating in the North America, Europe and Middle East and Africa water filters market are 3M, A. O. Smith, Unilever, Midea, Whirlpool Corporation, Blue Star Limited, Panasonic Holdings Corporation, LG Electronics, Pentair, GE Appliances, a Haier company, Livpure, Coway USA, BRITA SE, LifeStraw, Minlo, Waterdropfilter, Prio, The Perfect Water, PureDrop, Culligan Water, EcoWater, iSpring Water Systems, AquaTru LLC., Helen of Troy, BlueFilters, Bluevua Inc., Frizzlife, Tappwater (a Subsidiary of Bluewater Group in Sweden), AQUAPHOR, BWT Holding GmbH, Aqua Filter Water Treatment Equ. Tr. LLC, PureTech Uae, Seychelle, Eureka Forbes, among others.
SKU-