The Latest Water Purifier Industry Statistics Explained
The Asia-Pacific region emerged as the largest market for water purifiers in 2018.
The statistic indicates that in the year 2018, the Asia-Pacific region surpassed all other regions globally to become the largest market for water purifiers. This signifies a significant trend in the demand for water purification systems in the Asia-Pacific region, which includes countries such as China, India, Japan, and others. The emergence of this region as the largest market for water purifiers suggests a growing awareness of water quality issues, concerns about access to clean drinking water, and an increasing emphasis on health and sanitation among the population. This data underscores the importance and relevance of water purification technologies in addressing water quality challenges in the Asia-Pacific region.
The RO technology purifiers segment dominated the market by accounting for around 40% of global revenue in 2018.
The statistic indicates that in 2018, the market segment for Reverse Osmosis (RO) technology purifiers held a significant share of approximately 40% of the total global revenue generated by water purifier products. This dominance suggests that consumers and industries highly value the effectiveness and efficiency of RO technology in removing impurities and purifying water. The popularity and demand for RO technology purifiers can be attributed to their ability to provide clean and safe drinking water, especially in regions where water contamination and quality are major concerns. The statistic highlights the strong market presence and impact of RO technology purifiers in meeting the clean water needs of individuals and communities worldwide.
The predicted growth of the water purifier industry in India is set to reach $4.09 billion by 2024
The statistic indicates that the water purifier industry in India is projected to experience significant growth, with the market size expected to reach $4.09 billion by the year 2024. This prediction suggests that there is increasing demand for water purifiers in India, likely driven by factors such as growing awareness about water quality issues, rising disposable incomes, and concerns about health and safety. Such growth potential in the industry could present opportunities for businesses operating in the water purifier sector to capitalize on the expanding market and consumer demand in India.
In 2020, the USA water purifier market was estimated to reach $3.5 Billion.
The statistic ‘In 2020, the USA water purifier market was estimated to reach $3.5 Billion’ indicates the total value of water purifiers sold in the United States in the specific year. This figure represents the estimated revenue generated by sales of water purifiers within the market, reflecting the demand for such products among consumers to improve the quality of drinking water. The $3.5 billion estimation signifies the significant size and economic importance of the water purifier industry in the USA, illustrating the growing awareness and concern about water quality and the increasing adoption of water purification technologies by households and businesses.
Nearly 60% of American households surveyed planned to purchase a new water purifier in 2020.
The statistic indicates that approximately 60% of the American households surveyed expressed intentions to buy a new water purifier in the year 2020. This suggests a considerable interest and potential demand for water purifiers among American consumers during that time. The high percentage indicates a widespread awareness of the importance of clean and safe drinking water, potentially driven by concerns over water quality, health, or environmental factors. The data implies a significant market opportunity for water purifier manufacturers and retailers in 2020, with a substantial portion of American households actively considering investing in improving their water quality with such products.
The industrial water purifier market size is projected to ascend at a CAGR of 4.0% over the forecast period from 2018 to 2028.
This statistic indicates that the industrial water purifier market is expected to experience a Compound Annual Growth Rate (CAGR) of 4.0% between the years 2018 and 2028. This projected growth rate suggests a steady increase in the market size of industrial water purifiers over the forecast period. A CAGR of 4.0% implies that the market is set to expand by an average of 4.0% per year during the given timeframe. This information is crucial for industry participants, investors, and stakeholders as it provides insights into the expected growth trajectory of the industrial water purifier market and can help in strategic decision-making and planning for the future.
UV technology in water purifiers is expected to grow at a CAGR of 8.2% from 2019 to 2025.
The statistic indicates that the usage of ultraviolet (UV) technology in water purifiers is projected to experience a Compound Annual Growth Rate (CAGR) of 8.2% from the year 2019 to the year 2025. This forecast suggests a consistent annual increase in the adoption of UV technology for water purification purposes over the specified period. The CAGR of 8.2% reflects the potential expansion and demand for UV technology in the water purifier market, highlighting a trend towards a greater reliance on this technology for ensuring safe and clean drinking water.
China is estimated to emerge as the fastest growing market with a CAGR of 12.8% from 2019 to 2025.
The statistic suggests that China is predicted to experience significant growth within its market, particularly in the period from 2019 to 2025. The Compound Annual Growth Rate (CAGR) of 12.8% indicates that the market value in China is expected to increase steadily at an average annual rate of 12.8% over this time frame. This growth rate is considered quite high and indicates a strong potential for expansion in various industries and sectors within the Chinese market. It implies that there are favorable economic conditions, increasing consumer demand, and potentially lucrative opportunities for businesses operating in or considering entry into the Chinese market during this period.
North America accounted for 31.84% of the global water purifier market share in 2020.
In 2020, North America held a significant share of the global water purifier market, accounting for 31.84% of the total market share. This statistic indicates that North America was a substantial player in the water purifier industry, with its products and services capturing a sizable portion of the global market. The region’s strong market presence suggests that there is a high demand for water purifiers in North America, potentially driven by factors such as concerns over water quality, environmental awareness, or regulatory requirements. This market share figure highlights North America’s importance in the global water purifier market landscape and its relevance in shaping industry trends and developments.
A 2019 survey revealed that 30% of Brazilians use a water purifier at home.
The statistic indicates that in 2019, approximately 30% of the population in Brazil utilized a water purifier in their homes. This finding suggests that a significant proportion of Brazilians are taking steps to ensure the quality and safety of their drinking water by using water purification systems. The adoption of water purifiers may be driven by concerns over water contamination, quality issues in public water sources, or a desire for improved health and well-being. The statistic underscores the importance of access to clean and safe drinking water for individuals and households in Brazil, highlighting the role of water purifiers as a popular method of water treatment among the population.
The commercial segment held the largest revenue share of over 50% in 2019.
This statistic indicates that in the year 2019, the commercial segment within a particular industry or market accounted for more than half of the total revenue generated. This suggests that the commercial sector was the most significant contributor to overall revenue during that period. By holding the largest revenue share of over 50%, the commercial segment likely played a pivotal role in driving the financial performance and growth of businesses operating within this sector. Understanding and analyzing the factors that led to the commercial segment’s dominance can provide valuable insights for businesses to strategically allocate resources and capitalize on opportunities for further growth and sustainability.
The Middle East and Africa region is expected to register the slowest growth rate in the water purifier market, mainly due to a limited number of manufacturers available in the region.
The statistic highlights that the Middle East and Africa region are projected to experience the slowest growth rate in the water purifier market. This slow growth can be primarily attributed to the limited number of manufacturers operating in the region. With fewer companies producing water purifiers, there may be less competition, resulting in limited product offerings and potentially higher prices compared to regions with more manufacturers. This restricted market landscape may also lead to challenges in innovation and technological advancements in water purifiers within the region, further impacting the growth rate.
The under sink and countertop segment held the largest market share of around 44% in 2018, in terms of product.
The statistic indicates that in 2018, the under sink and countertop segment dominated the market for the specified product category, capturing the largest market share of approximately 44%. This suggests that a significant portion of consumers preferred under sink and countertop products over other options available in the market. The high market share of this segment could be influenced by factors such as convenience, functionality, aesthetics, or price competitiveness that appealed to consumers. This statistic highlights the strong position and popularity of under sink and countertop products within the market landscape in 2018.
The offline distribution channel dominated the market with a share of more than 70.0% in 2018.
This statistic indicates that the offline distribution channel, which encompasses traditional brick-and-mortar stores and other physical locations, held a significant majority of market sales in 2018, accounting for over 70.0% of all sales within the industry. This dominance suggests that consumers primarily made their purchases through physical retail outlets rather than online or other alternative channels. The strong market share of the offline distribution channel highlights the enduring importance and appeal of in-person shopping experiences, emphasizing the continued relevance of traditional retail strategies despite the rising popularity of e-commerce and other digital platforms.
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