Water Purifier Market to be Worth $56.4 Billion by 2031

1. Water Purifier Market to be Worth $56.4 Billion by 2031

2. Global Water Purifier Market - 2024 to 2031 In its latest report, Meticulous Research® presents an in-depth analysis of the global water purifier market, titled, "Water Purifier Market Size, Share, Forecast, & Trends Analysis by Technology (RO, UF, UV, Activated Carbon, Ozone, NF), Portability, Distribution Channel (Online, Offline), Industrial, Residential, Commercial, Public Sector) - Global Forecast to 2031." Download Sample Report Here @ https://www.meticulousresearch.com/download- sample-report/cp_id=5845 Market Growth Projections The study predicts that the water purifier market will grow to $56.4 billion by 2031, with a CAGR of 7.3% from 2024. The expansion is fueled by increased awareness of water purification, rising pollution levels, and a shift towards compact, portable, and sustainable purification technologies. However, market growth is challenged by high costs in emerging economies and maintenance issues. Smart Water Purification Systems The emergence of smart purification solutions featuring advanced filtration technologies is highlighted as a significant trend in the market, offering enhanced user experience and operational efficiency. Market Breakdown by Segment The market is examined through lenses of technology, portability, distribution channel, and end-user industry. This segmentation provides a detailed understanding of market dynamics at both global and regional levels. Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com

3. Global Water Purifier Market - 2024 to 2031 Technology Segment Insights • Reverse Osmosis (RO): Expected to dominate with a 45.0%+ share in 2024, RO's popularity is due to its effectiveness in eliminating various contaminants, making it suitable for residential use. • Ultraviolet (UV): Projected to have the highest growth rate during 2024–2031, UV technology offers chemical-free disinfection, making it increasingly sought after in various settings. Portability Insights • Non-portable: Non-portable purifiers are expected to capture a market share exceeding 69.0% in 2024, driven by their use in residential, commercial, and municipal applications. • Portable: The portable category is projected to grow rapidly, owing to the demand for outdoor and emergency preparedness solutions. Distribution Channel Insights • Offline Retail: Offline retail is set to capture 64.0%+ of the market share, primarily due to the trust and personalized services provided by physical stores. • Online Retail: Expected to grow at a faster rate due to the increasing popularity of e- commerce, online channels offer a wider range of options and ease of purchase. End-user Insights • Residential: Predicted to hold a dominant market share of over 72.0% in 2024, this segment's growth is driven by rising health consciousness and concerns over water contamination. • Commercial: Anticipated to grow at the highest rate, especially due to regulatory requirements for water quality in sectors like hospitality and healthcare. Regional Market Analysis Asia-Pacific is forecasted to account for 46.0% of the market share in 2024, registering the highest growth rate above 9.0% throughout the forecast period. Key factors include rapid urbanization, health awareness, and government efforts to improve water infrastructure. Key Players: The key players operating in the water purifier market are A. O. Smith Corporation (U.S.), Brita LP (U.S.), Honeywell International Inc. (Switzerland), Panasonic Corporation (Japan), LG Electronics (South Korea), Whirlpool Corporation (U.S.), Honeywell International Inc. (Switzerland), Midea Group (China), Eureka Forbes Limited (India), KENT RO SYSTEMS LTD (India), Amway Corp. (U.S.), Hindustan Unilever Limited (Pureit) (U.K.), Tata Chemicals Limited (Tata Swach) (India), Havells India Limited (India), Livpure Smart Homes Private Limited (India), V-Guard Industries Ltd. (India), Coway USA, INC. (U.S.), and Faber Group (Italy). Quick Buy : https://www.meticulousresearch.com/Checkout/71851673 Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com

4. Global Water Purifier Market - 2024 to 2031 Key questions answered in the report- • Which are the high-growth market segments based on technology, portability, distribution channel, end-user, and geography? • What was the historical market for the water purifier market? • What are the market forecasts and estimates for the period 2024–2031? • What are the major drivers, restraints, opportunities, and challenges in the water purifier market? • Who are the major players, and what shares do they hold in the water purifier market? • What is the competitive landscape like in the water purifier market? • What are the recent developments in the water purifier market? • What are the different strategies adopted by the major players in the water purifier market? • What are the key geographic trends, and which are the high-growth countries? • Who are the local emerging players in the global water purifier market, and how do they compete with the other players? Contact Us: Meticulous Research® Email- sales@meticulousresearch.com Contact Sales- +1-646-781-8004 Connect with us on LinkedIn- https://www.linkedin.com/company/meticulous-research Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com