The Report Point of Use Water Treatment Systems Market Analysis, By Technology (RO, Distillation,
Disinfection, Filtration), By Device (Pitchers, Faucet Filters, Countertop), By
Region, And Segment Forecasts, 2018 - 2025
The global point of
use water treatment systems market is estimated to be valued at USD 34.1
billion by 2025, according to a new report by Grand View Research, Inc.
Increasing water pollution coupled with growing awareness towards healthy
lifestyle are factors propelling the market growth.
Increasing adoption of
water purifier systems is predicted to drive the global point of use water
treatment systems market over the forecast period. Favorable government laws to
ensure the supply of clean and potable drinking water are further expected to
augment business growth in the coming years.
The increasing demand
for clean water coupled with growing investments to boost the efficiency is likely
to provide a boost to the point of use water treatment systems market growth
over the forecast period. Significant reduction in the costs of raw materials
and components along with favorable government initiatives is likely to
encourage growth of the point of use water treatment systems market by 2025.
Governments across the globe are encouraging wider adoption of water treatment
systems, to avoid an epidemic of water borne diseases.
In terms of technology,
the reverse osmosis systems held over 43% of the global point of use water
treatment systems market share in 2016. Established technology coupled with
economical costs of units in comparison to other technologies is predicted to
have a positive impact the growth of point of use water treatment systems
market by 2025. Filtration methods technology segment in point of use water
treatment systems market is predicted to be valued at USD 7.5 billion by 2025.
Higher efficiency, enhanced capacity, and affordable pricing are projected to
boost market growth during the forecast period.
Tabletop pitchers
segment of the water treatment systems market was valued at USD 6.9 billion in
2016 and is likely to be valued at USD 14.6 billion by 2025. Tabletop pitchers
are widely adopted owing to the convenient use coupled with affordable price
and longer shelf life of the product. In the devices segment, faucet mounted
filters are the second largest with 80.7 million units sold in 2016. This
segment has large scale penetration in Indian and African countries mainly due
to its affordable pricing and low replacement costs.
Access Research Report of Point of Use Water Treatment Systems
Market @ www.grandviewresearch.com/industry-analysis/point-of-use-water-treatment-systems-market
Further key findings from the report suggest:
· The U.S. point of use water treatment
systems market, in terms of value, is predicted to grow at a CAGR of over 3.4%
in the coming years. Favorable government regulations, coupled with financial
benefits, are predicted to boost business growth over the forecast period.
· In 2016, the UK point of use water
treatment systems market, in terms of volume, contributed over 31.9 million
units and is predicted to reach over 102.9 million units by 2025. Under the
sink units are more prevalent in the UK, given the advanced aesthetic sense
prevalent among the customers in the country.
· India point of use water treatment systems
market is likely to be valued at USD 1.9 billion by 2025. As of 2017, India is
one of the largest market owing to be the second most populated country in the
world.
Grand View Research has
segmented the global point of use water treatment systems market on the basis
of technology, device, application and region:
Technology Outlook (Volume, Million Units; Revenue, USD
Billion; 2014 - 2025)
·
Reverse Osmosis systems
·
Distillation systems
·
Disinfection methods
·
Filtration methods
Application Type Outlook (Volume, Million
Units; Revenue, USD Billion; 2014 - 2025)
·
Residential
·
Non-residential
Device Type Outlook (Volume, Million Units;
Revenue, USD Billion; 2014 - 2025)
·
Tabletop pitchers
·
Faucet mounted filters
·
Counter-top filters
·
Under-the-sink filters
Regional Outlook (Volume, Million Units; Revenue, USD
Billion; 2014 - 2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
Germany
o
Russia
o
UK
o
Spain
o
Italy
·
Asia Pacific
o
China
o
Japan
o
South Korea
o
Australia
o
India
·
Central & South America
o
Brazil
·
Middle East and Africa
o
UAE
o
Saudi Arabia
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research
reports, customized research reports, and consulting services. To help
clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More Information: www.grandviewresearch.com
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