Uploaded on Nov 29, 2019
The technology segment in the global water purifier market has been segmented on the basis of RO, UV, and gravity-based. Get a free sample report now!! Read more: https://www.inkwoodresearch.com/reports/global-water-purifier-market/
Water Purifier Market | Industry Benefits, Size, Analysis 2019-2027
GLOBAL WATER
PURIFIER MARKET
FORECAST 2019-2027
• The global market for water purifier is projected to
grow, registering a CAGR of 8.58% during the
forecasted period, 2019-2027.
• The prevalence of water-borne diseases and the
resultant demand for water purification, along with
the rising living standards, are the important drivers
of market growth.
• The vast usage of water purifiers among households makes the
residential segment a major end user of water purifiers.
• They are enabled with smart technology, thereby aiding in its quality
growth.
• One of the primary sales channels in present times is the Internet.
• This is primarily due to the widespread penetration of the internet
across the world.
• With innovations in technology making its way into the consumer
lives, the portable water purifier has become the latest fad among
the consumers.
• This is because of the sleek design and convenience, along with
affordable rates. These type of purifiers are on-demand across the
regions of Asia Pacific, Africa, and the Middle East, and finds vast
utilization in the regions of Europe and North America.
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The global market for water purifier is projected to grow, registering a CAGR of
8.58% during the forecasted period, 2019-2027.
Request a free sample report now!!
https://www.inkwoodresearch.com/reports/global-water-purifier-market/#request-
free-sample
The North America water purifier market is set to
record growth at a CAGR of 6.63% during the
forecasted period, 2019-2027. The innovation in
technologies and innovative market promotion
strategies are the primary factors influencing the
market growth in the region. The market region of
North America with regard to water purifier, is
segmented into the regions of the United States and
Canada for further analysis.
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The Europe Water Purifier market is expected to
grow with a CAGR of 7.02% during the forecasted
period, 2019-2027. The conducive nature of the
market region, coupled with rising demands for
portable water purifiers from developed countries,
are the factors driving the growth of the market in
the region. The European region is considered the
second-largest revenue generator in the global
market for water purifier.
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The Asia Pacific Water Purifier market is predicted
to be the fastest-market, recording a CAGR of
9.28% during the forecasted period, 2019-2027.
The presence of emerging economies, rising
industrialization, and declining water quality, are
the major factors set to augment market growth. he
large presence of big industry names, their
innovative products, and market expansion
strategies is beneficial for the market region.
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The lucrative opportunities in the market have resulted in the
emergence of various well-known market players. Some of
them in the list are Lg Electronics, Inc., Kent Ro System Ltd.,
Tata Chemicals Ltd., A. O. Smith Corporation, Best Water
Technology, Eureka Forbes Limited, Amway, etc.
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