close
close

The household water treatment equipment market is expected to reach USD 23,721 million by 2033.

Posted on by darion

The market value of household water treatment devices is expected to reach USD 14,220.6 million in 2023 and grow to USD 23,721 million by 2033. The market records a compound annual growth rate (CAGR) of 5.2% over the forecast period.

  • Health concerns: Growing consumer awareness of healthy lifestyles is driving demand for filtered water and better water quality. Concerns about waterborne diseases due to contamination are leading to increased adoption of water treatment devices in households.
  • Growing technological advancements: Advancements in technology are playing a significant role in the development of effective and efficient water treatment solutions. The proliferation of water treatment applications is easily solving the problems of water pollution.
  • Rapid urbanization: Urbanization is increasing the need for household water treatment facilities to provide access to clean drinking water to residents of urban areas, including communities, buildings and homes.
  • Consumer Preferences: Consumers are increasingly choosing eco-friendly water testing devices that improve water quality without using harsh chemicals. These devices use purification methods such as ultraviolet sterilization and reverse osmosis.
  • Water recycling: Increasing attention is being paid to water conservation, which translates into an increased demand for water purification devices for domestic use, especially for water recycling.

Request a sample report here! https://www.futuremarketinsights.com/reports/sample/rep-eu-1299

Key companies are easily installing water purifiers at home. These high-tech devices remove contaminants and ultraviolet light, making the water safe for consumption. Due to the growing concerns about water quality, the adoption of these devices is expanding the market. The government is also focusing on providing safe, clean and pure water by implementing various global regulations.

The developing Internet of Things and advanced technologies are driving market growth

Growing innovation in the market has facilitated the use of highly advanced devices. The developing technologies in home water treatment devices include robotics, wireless connectivity, and automatic monitoring. These technologies are developing more intelligent and accurate devices that improve the quality of work and drive the growth of the market.

Internet connectivity, Bluetooth sensor and real-time monitoring alert consumers when problems are detected and other related issues. These water purifiers help solve water problems and reduce chlorine in water, preventing health problems. The increasing supply of contaminated water in colonies, apartments and houses is increasing the adoption of water purifiers in homes.

Key conclusions:

  • The household water treatment equipment market is expected to grow at a CAGR of 5.2% and be valued at USD 23,721.0 million by 2033.
  • Historically, in 2018 the market value was USD 11,794.2 million.
  • The United States is the leader in the global market, securing a maximum share of 18% over the forecast period.

Key Player Strategies Bring Lucrative Market Opportunities

Key players are playing a significant role in the global market by adopting several marketing strategies to provide lucrative opportunities. These strategies in water treatment devices in households market switch on:

  • Innovation: Key players introducing innovations in their products are ahead of their competitors in the market. They focus on the needs of consumers and implement their product accordingly in a better version.
  • Increased investments: Key marketers are investing heavily in research and development to create advanced products with better technologies. These players are providing high-quality water purifiers at home to attract consumers.
  • Increase your reach: Key players are trying to reach the right audience to increase sales. They are increasing their brand awareness through social media, content strategy, and other online platforms.
  • Focus on cost optimization: Key players are providing their consumers with better quality products at affordable prices. This can increase profitability as demand for water treatment devices in households increases.

Latest developments in the global market:

  • In 2021, Pentair plc launched the Everpure H-300-NXT water purification product. It helps reduce harmful bacteria, including mercury and contaminated water.
  • In 2021, Culligan International Company announced the launch of a new app for monitoring harmful water using smartphones.
  • In 2021, 3M announced the launch of a new product, Aqua-Pure AP-DW80/90, which is designed to improve drinking water quality and reduce contaminants, including cysts.
  • In 2021, Honeywell International Inc. introduced a freeze detector designed to detect leaks in the system’s purge water.
  • In 2021, Whirlpool Corporation announced the launch of the new EveryDrop water purifier.

Get instant access to in-depth market insights: https://www.futuremarketinsights.com/checkout/1299

Household Water Treatment Equipment Market by Category

By product:

  • Distillation units
  • Water filters

Price range:

  • Economy
  • Medium shelf
  • Bonus

Installation type:

  • Point of use
  • Entry point

Sales channel:

  • Hypermarkets/Supermarkets
  • Grocery stores
  • Specialty stores

Region:

  • North America
  • Europe
  • Latin America
  • Asia and Pacific
  • Middle East Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, Stevie Award winner and member of the Greater New York Chamber of Commerce) offers in-depth insights into the factors driving market demand. FMI is a leading global provider of market intelligence, advisory services, consulting and events for the packaging, food and beverage, consumer goods, technology, healthcare, industrial and chemical markets. With a large team of ~400 analysts worldwide, FMI provides global, regional and local expertise on various industry disciplines and trends in over 110 countries.

Contact us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Apartment 401, Newark, Delaware – 19713, USA
Phone: +1-845-579-5705
For commercial inquiries: [email protected]
Website: https://www.futuremarketinsights.com
LinkedIn | Twitter| Blogs | YouTube