Vietnam Water Purifier Market - Industry Size, Share, Trend and Forecast 2027

1. 2017 – 2027 VIETNAM WATER PURIFIER MARKET FORECAST AND OPPORTUNITIES www.techsciresearch.com MARKET INTELLIGENCE . CONSULTING

2. Table of Contents

3. Table of Contents

4. Table of Contents

5. PRODUCT OVERVIEW

6. Scope of Report Product of Interest (POI): Water Purifier A water purifier is a device used for removing unwanted chemicals and biological contaminants from water obtained from water bodies such as rivers, lakes, etc., to produce pure drinking water, which is fit for human consumption. Water purifiers based on technology are segmented into RO, UF, UV, media, etc. VIETNAM WATER PURIFIER MARKET Market Segmentation BY TECHNOLOGY BY TYPE • Under Sink • Counter Top • Faucet Mount • Others (Tankless, Smart Purifiers, etc.) • RO • UF • UV • Media • Others (Nanofiltration) Review Period 2017 – 2020 Base Year 2021 Estimated Year 2022 Forecast Period 2023 – 2027 Year Range BY SALES CHANNEL BY REGION • Retail • Distributor • Direct • E-Commerce • Others (Plumber, Contractor) • Northern Vietnam • Southern Vietnam • Central Vietnam

7. RESEARCH METHODOLOGY

8. Research Methodology Market Profiling Data Analysis Data Collection Data Validation Developing list of respondents Formulating Questionnaire In-depth secondary research was conducted to determine top players in the Vietnam water purifier market, overall market size and segmental market size. The data was scrutinized using MS-Excel, statistical tools and internal proprietary database to obtain qualitative and quantitative insights about the Vietnam water purifier market. Data obtained as a result of primary and secondary research was validated through rigorous triangulation. TechSci conducted interviews with industry experts and industry players for data collection and verification. In order to conduct industry experts’ interviews, TechSci formulated a detailed discussion guide. List of industry players and industry specialists was developed. Actionable Insights Data Filter & Analysis Business Solution Research & Intelligence Data Collection Primary Research Desk Research Company Analysis • Recent Developments • Market Changing Aspects/Dynamics • Government Policies • Final Conclusion • Market Participants • Key Strengths • Identifying Key Opinion Leaders • Questionnaire Design • In-depth Interviews Primary Research Secondary Research Paid Sources • LinkedIn • TechSci Internal Database • Company Websites • Company Annual Reports • White Paper Study • Financial Reports • Investor Presentations • Regulatory Body • Associations, etc. • Factiva • Hoovers

9. Research Methodology Baseline Methodology Our dedicated team of industry experts has monitored and analyzed various aspects of the Vietnam water purifier market.The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as increasing water borne diseases and water pollution level in Vietnam. The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in Vietnam water purifier market. Methodology Followed for Calculation of Market Size: • Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2021 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as water purifier manufacturers and suppliers, channel partners, market influencers & end users, industry experts, and other industry participants. • The team interviewed 12 water purifier manufacturers, suppliers and distributor companies, 300 end users, and 10 industry experts and other value chain stakeholders in the Vietnam water purifier market to obtain insights and market size data, which was further validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2017-2027F. • Respondents were asked about the current and future market growth rates, market shares by type, by technology, by sales channel, by region and by company. Removing the outlier response, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares.

10. Research Methodology Revenue shares generated across various segments were further triangulated from other stakeholders. Methodology Followed for Calculation of Market Shares: Market shares by type, by technology, by sales channel, by region and by company were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various segments of the Vietnam water purifier market. The final shares were calculated by taking the geometric mean of the responses gathered from key opinion leaders after eliminating the outliers. Methodology Followed for Forecasting: • TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in SPSS/Tableau Software. • Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast Vietnam Water Purifier market, TechSci Research used various forecast techniques such as: Moving Average Time Series Analysis Regression Analysis Econometric and Judgmental Analysis

11. Research Methodology TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions in Vietnam. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. The currency used in the report is the United States Dollar (USD), with the market size indicated in USD million.

12. Industry Brief Technological advancements in commercial appliances are driving the growth of the Vietnam Water Purifier Market, in the forecast period, 2023-2027F. According to TechSci report on, “Vietnam Water Purifier Market - By Region, Competition Forecast & Opportunities, 2027” Vietnam water purifier market is expected to grow at CAGR of 9.21% in value terms in the forecast period, 2023-2027, on account of increasing demand for clean and hygienic water and higher prevalence of water-borne diseases like cholera, diarrhea, typhoid, dysentery, hepatitis A. Consumption of contaminated water infects the people and thus the demand for water purifiers is rising. The population is becoming more inclined towards clean & safe water, owing to its health benefits. With increasing health awareness, the water purifier business is expected to boom in Vietnam in the coming years. Increasing pollution further deteriorates the water quality and supports the growth of the Vietnam water purifier market in the next five years. Surface water in Vietnam is worse and highly contaminated. Cleaning the surface water is more important since even administering the water in a water purifier requires a certain level of cleanliness in the water. Moreover, the pipeline system and water availability also influence the market growth. The country's economic growth further plays a vital role in enhancing the growth of the consumer appliances industry. Vietnam has emerged as the production line hub of major mobile manufacturers. Increasing penetration from the global giants penetrating the market with innovative products is further aiding the growth of the Vietnam water purifier market in five years. Although the higher cost of production and expenses for importing the products may demand higher investment, government aid and favorable import schemes would substantiate the growth of the Vietnam water purifier market in the forecast years through 2027. The Vietnam water purifier market is segmented based on type, technology, sales channel, region, and competitional landscape. Based on technology, the market is bifurcated into RO, UV, UF, media, and others like nanofiltration, etc. RO technology or reverse osmosis technology is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the ground of traditional usage of the technology to clean, filter, and purify the water. The technology uses a partially permeable membrane to allow the transfer of different component from one gradient to another based on permeability of the component and the filter screen. Basically, a partially permeable filter screen allows the passage of ions, minerals, and water molecules through but restricts the movements of impurities like microorganisms, and other larger chemical components. Through this method even the salt water can be converted into fresh drinkable water. But the system has a fault, that is restricts movement of certain larger mineral molecules and thus fresh water is drinkable but not healthy. Through technological advancements the market players are now launching nano filter. UV technology or ultraviolet rays’ technique is also utilized for an advanced version of water filter. The microorganisms present in the water are destroyed by ultraviolet rays while minerals and ions are still present in water, making it clean, hygienic, and nutritive too. The system is quite effective, however there is still room for improvement, which allows further advancement to remove dissolved impurities in the water like rust, pesticides, fluoride, arsenic etc. A partial list of major market players of the Vietnam water purifier market includes Karofi Group Joint Stock Company, The Kangaroo Group, Sunhouse Vietnam Co., Ltd., AO Smith Vietnam Company Limited, Carpa Vietnam Trading Joint Stock Company, Unilever Vietnam International Company Limited, Water Supply, Drainage and Environment Technology Construction Development Joint Stock Company (HTEC), 3M Vietnam Co., Ltd, BMS Water Import Company Limited, DuPont Vietnam Limited “Vietnam water purifier market is anticipated to grow with impressive CAGR due to increasing demand for higher quality of drinking water. Economic growth of the country also plays vital role in market growth. Concerns towards health and environment has led the government to adapt to stringent regulations and certification system for the authenticity and efficiency of the product. Global market players in partnerships with the local manufacturers and suppliers have adapted to advanced technology and the production of innovative products to satisfy consumer demands. Nanofiltration is the latest technological developments in the Vietnam water purifier market,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

13. Sample Data - Snapshot Vietnam Water Purifier Market Size, By Value (USD Million), 2017-2027F CAGR 2017-2021 By Value: xx% CAGR 2022E-2027F By Value: xx% Vietnam Under Sink Water Purifier Market Share, By Technology, By Volume, 2017-2027F Vietnam Faucet Mount Water Purifier Market Share, By Sales Channel, By Volume, 2017-2027F

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