The Latest Water Purification Industry Statistics Explained
The global water purifier market size was valued at USD 31.1 billion in 2018.
The statistic indicates that in the year 2018, the global water purifier market had a total value of USD 31.1 billion, reflecting the significant size and economic importance of the industry. This value represents the total revenue generated from the sales of water purification systems and technologies worldwide during that year. The high market size suggests a growing demand for clean and safe drinking water solutions globally, driven by concerns over water pollution, contamination, and the importance of access to clean water for public health. As such, it underscores the market potential for companies operating in the water purification sector and highlights the increasing awareness and investment in technologies aimed at ensuring access to clean water for populations around the world.
The market is expected to expand at a CAGR of 9.0% from 2019 to 2025.
This statistic indicates that the market is projected to grow at a Compound Annual Growth Rate (CAGR) of 9.0% from 2019 to 2025. The CAGR represents the annual growth rate of the market over this period, providing a measure of the smooth rate at which the market is expected to expand. A CAGR of 9.0% suggests consistent growth in the market’s size and value each year from 2019 to 2025. This projection can be useful for stakeholders such as investors, businesses, and policymakers to understand the expected trajectory of the market and make informed decisions based on this anticipated growth rate.
In 2020, RO (Reverse Osmosis) purifiers held the largest market share at 36.5%.
In 2020, Reverse Osmosis (RO) purifiers accounted for the highest market share, representing 36.5% of the total market for water purification products. This statistic indicates that RO purifiers were the most preferred choice among consumers looking to purify their drinking water, outperforming other types of purifiers such as UV filters or activated carbon filters. The popularity of RO purifiers can be attributed to their effective removal of contaminants, including bacteria, viruses, and dissolved solids, providing consumers with clean and safe drinking water. The significant market share of RO purifiers in 2020 suggests a strong demand for high-quality water purification solutions among consumers.
Asia Pacific region is expected to expand at a CAGR of 9.2% between 2019 to 2025.
This statistic indicates the projected compound annual growth rate (CAGR) for the Asia Pacific region from 2019 to 2025. A CAGR of 9.2% suggests that the economy of the Asia Pacific region is anticipated to increase at a steady rate of 9.2% per year over the specified period. This growth rate is significant and suggests a positive outlook for businesses and industries operating within the region, as it indicates a potentially lucrative market with strong growth potential. The CAGR serves as a valuable metric for forecasting future trends and making strategic business decisions based on projected growth rates.
The water purifier market in India was worth INR 140 billion in 2021.
The statistic ‘The water purifier market in India was worth INR 140 billion in 2021’ indicates that the total monetary value of water purifiers sold in India during 2021 amounted to INR 140 billion. This figure reflects the significant size and economic importance of the water purifier industry within the Indian market. Such a large market value implies strong demand for water purifiers in India, potentially driven by factors such as increasing awareness about water quality, health concerns, and disposable income levels. This statistic is crucial for businesses, policymakers, and investors interested in understanding and participating in the Indian water purifier market.
The water purifier market in India is expected to reach INR 231 billion by 2026.
The statistic “The water purifier market in India is expected to reach INR 231 billion by 2026” indicates the projected value of the water purifier market in India for the year 2026. This figure represents the estimated total revenue that is expected to be generated from the sales of water purifiers in the Indian market by the end of 2026. The growth of the market to INR 231 billion suggests a significant expansion in the demand for water purifiers in India, likely driven by factors such as increasing awareness about water quality issues, rising concerns about health and hygiene, and improving disposable incomes among consumers. This statistic provides valuable insights for industry stakeholders, policymakers, and investors to understand and anticipate the trends and opportunities in the water purifier market in India.
The Chinese water purifier market is projected to grow at a CAGR of over 25% until 2023.
This statistic indicates that the Chinese water purifier market is expected to experience significant growth, with a projected Compound Annual Growth Rate (CAGR) exceeding 25% until the year 2023. This suggests a strong and sustained increase in the demand for water purifiers in China over the specified period. Factors such as increasing awareness of water pollution, rising disposable incomes, and growing concerns about water quality and health are likely driving this growth trend. The high CAGR rate underscores the market’s potential for substantial expansion and opportunities for businesses operating in the water purifier industry to capitalize on the growing demand in China.
Europe held a revenue share of 11.0% in 2018 in the global water purifier market.
The statistic “Europe held a revenue share of 11.0% in 2018 in the global water purifier market” indicates that in the year 2018, European sales of water purifiers accounted for approximately 11.0% of the total revenue generated worldwide from the sales of water purifiers. This suggests that Europe was a significant player in the global water purifier market, capturing a notable share of the market in terms of revenue. The statistic provides insight into the regional distribution of market sales, highlighting Europe’s position and importance within the industry during that particular year.
The United States Water Purification Equipment market revenue reached $13.3 billion in 2020.
The statistic indicates that the total revenue generated by the United States Water Purification Equipment market in the year 2020 was $13.3 billion. This figure represents the total sales and transactions within the industry related to water purification equipment such as filters, treatment systems, and purifiers. The market revenue is a significant metric used to assess the overall size and economic impact of the industry, indicating the value of goods and services exchanged in the market during that specific year. The growth and stability of this revenue signal the market’s performance and attractiveness to consumers, businesses, and investors, reflecting the ongoing demand for clean and safe water solutions in the United States.
The United States Water Purification Equipment market is expected to grow at a CAGR of 3.3% from 2021 to 2026.
This statistic indicates that the United States Water Purification Equipment market is projected to experience a Compound Annual Growth Rate (CAGR) of 3.3% over the period from 2021 to 2026. This growth rate suggests a steady and incremental increase in the demand for water purification equipment in the United States over the specified time frame. The CAGR takes into account the compounding effect of growth year over year, providing a clearer picture of the overall trend in the market. This projection can be helpful for stakeholders in the industry to make informed decisions about investments, market strategies, and resource allocation in response to the expected growth in the water purification equipment sector.
In 2019, about 927 million units of water purifiers were sold worldwide.
The statistic that approximately 927 million units of water purifiers were sold worldwide in 2019 signifies a significant global demand for improved access to clean and safe drinking water. This high number of units sold reflects growing awareness and concern regarding water quality and a shift towards healthier living practices. The sales of water purifiers also suggest an increasing reliance on technology and innovation to address water contamination issues and ensure better health outcomes for individuals and communities. Overall, this statistic highlights the importance of safe drinking water as a fundamental necessity and the role of water purifiers in meeting this critical need on a global scale.
The UK water purifier market is expected to grow at a CAGR of 7.5% from 2021 to 2027.
The statement indicates that the UK water purifier market is projected to experience a Compound Annual Growth Rate (CAGR) of 7.5% over the period from 2021 to 2027. This implies that the market is anticipated to expand steadily at an average annual rate of 7.5% during this time frame. The CAGR is a useful measure for understanding the growth rate of an industry or market over multiple years, providing a smoother representation of growth compared to annual growth rates. In this case, the statistic suggests a positive outlook for the water purifier market in the UK, indicating increasing demand and potential opportunities for businesses operating within this sector.
The Japanese water purifier market reached $2.77 billion in 2019.
The statistic “The Japanese water purifier market reached $2.77 billion in 2019” indicates the total value of sales generated within the Japanese market for water purifiers during the year 2019. This figure highlights the significant size and economic importance of the water purifier industry in Japan, suggesting a high demand for such products within the country. The market size serves as a key indicator of the industry’s growth, consumer preferences, and potential for further expansion. This statistic can be used by industry analysts, investors, and policymakers to assess the health and trajectory of the water purifier market in Japan and make informed decisions related to investment, marketing strategies, and regulatory measures.
Africa’s water purifiers market is anticipated to grow at a CAGR of 9% during 2019-2024.
The statistic ‘Africa’s water purifiers market is anticipated to grow at a compound annual growth rate (CAGR) of 9% during the period from 2019 to 2024’ indicates that the market for water purifiers in Africa is expected to expand steadily over the specified timeframe. The CAGR of 9% implies that the market is projected to increase by an average of 9% every year during this period. This growth rate suggests a positive trend in the demand for water purifiers in Africa, potentially driven by factors such as increasing awareness of water quality issues, rising disposable incomes, and improvements in infrastructure. The anticipated growth in the market signals opportunities for businesses operating in the water purifiers sector to capitalize on the expanding market potential in Africa.
The global water treatment market was valued at USD 207.13 billion in 2020.
The statistic “The global water treatment market was valued at USD 207.13 billion in 2020” indicates the total monetary worth of products and services related to water treatment that were bought and sold worldwide in the year 2020. This value represents the combined spending across various sectors such as municipal water treatment, industrial water treatment, and residential water treatment. The size of the water treatment market is influenced by factors such as population growth, urbanization, industrial development, and environmental regulations driving the demand for clean and safe water. The significant value of USD 207.13 billion highlights the importance and scale of the global water treatment industry in addressing water quality challenges and ensuring access to clean water for various uses.
The industrial segment dominated the market in 2018 with a share of over 50.0% in the global water purifier market.
This statistic indicates that in 2018, the industrial segment held a significant portion of the global water purifier market, accounting for more than half (50.0%) of the market share. This suggests that industrial users, which could include factories, manufacturing plants, or other large-scale operations, were the primary consumers of water purifiers during that year. The dominance of the industrial segment highlights the importance of water purification in large-scale commercial settings and implies that the demand for water purifiers was driven largely by industrial applications in 2018.
Australia’s water purifier market is projected to grow at a CAGR of 9.2% during 2020-2025.
The statistic indicates that Australia’s water purifier market is expected to experience significant growth at a Compound Annual Growth Rate (CAGR) of 9.2% over the period from 2020 to 2025. This means that the market size for water purifiers in Australia is projected to increase by 9.2% on average each year during this time frame. Such growth suggests a growing demand for water purifiers in Australia over the next five years, likely driven by factors such as increasing awareness of water quality issues, a focus on health and wellness, and an emphasis on environmental sustainability. This projection provides valuable insight for businesses operating in this market, helping them plan and strategize for potential opportunities and challenges in the coming years.
The residential segment is expected to account for the largest share of 59.86% by 2025 in the water treatment systems market.
The statistic indicates that within the water treatment systems market, the residential segment is projected to hold the highest proportion of market share, making up 59.86% of the total market by the year 2025. This suggests that there is a significant demand for water treatment systems by residential consumers, likely driven by concerns over water quality and safety. The expected dominance of the residential segment highlights the importance of catering to households’ needs in terms of water treatment solutions, whether it be for drinking water purification, water softening, or other water quality improvement purposes. This statistic also implies opportunities for companies operating in the water treatment systems market to focus on product development and marketing strategies tailored towards the residential sector to capitalize on this projected market share.
References
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