San Francisco, 26 September 2018, The global pointof 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.
Full Research Report On Point Of Use Water Treatment Systems Market Analysis:
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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.
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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
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Press Release of this Report:
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www.grandviewresearch.com/press-release/global-point-of-use-water-treatment-systems-market
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
