Residential Water Treatment Devices Market Size
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Residential Water Treatment Devices Market Analysis
After COVID-19, a sizable population's growing knowledge of the value of clean water has proven to be a key growth opportunity for the market for residential water treatment devices. The prevalence of water-borne illnesses like cholera and E. coli is on the rise, which highlights the need for clean water. After the pandemic, individuals started to care more about their health, which caused a boom in the industry.
The World Health Organization (WHO) estimates that 1.8 million people die each year as a result of waterborne illnesses. 2.1 billion people lack access to clean drinking water at home, according to the WHO. These figures are concerning, and household water treatment systems can aid in reducing the risk of waterborne illnesses and other issues that one can have as a result of unsafe or contaminated water.
Therefore, the market for home water treatment equipment is greatly encouraged by these factors. Residential water treatment systems make drinking water safe to consume by removing dangerous chemicals, gases, suspended solids, and biological impurities. Sales have increased consistently over the years as a result of better purification and filtration equipment accessibility, a wide range of product options, and population growth.
Residential Water Treatment Devices Market Trends
This section covers the major market trends shaping the Residential Water Treatment Devices Market according to our research experts:
Large-Scale Industrialization and Urbanization
The market for residential water treatment devices has excellent growth prospects as a result of the widespread industrialization and urbanization of the world. A significant portion of the population is starting to understand the dangers of tainted water. In light of this, the market for home water treatment equipment may benefit from this element.
The market for home water treatment equipment is expanding as a result of the expanding population, which is another significant reason. Therefore, the market for home water treatment systems may benefit from the combination of all these variables. The quantity of chemicals produced and increased industrialization both contribute to an increase in the number of polluted water bodies. This drives this market's expansion on a global scale because of the rising demand for clean water.
Asia-Pacific is Fastest Growing Market
The Asia-Pacific region, which is expanding quickly, presently makes up 3/5 of the world's population. According to a UNICEF assessment, the rate of growth there considerably outpaces the number of people who are acquiring access to safe drinking water. According to India's 2011 Census, 14% of households there lack access to clean drinking water. The Asia-Pacific region's natural water bodies are also getting worse due to extensive industrialization and overuse of pesticides.
Numerous bodies of water that serve as a source of drinking water for millions of locals are dangerously high in pollutants. Industrial waste, agricultural chemicals that seep into the nearest water body from the soil, and waste injection have an impact on more than 80% of water bodies in China, including shallow groundwater. Over 75% of Indonesia's rivers are heavily contaminated with fluoride and arsenic, directly contributing to the deaths of about 50,000 people each year.
Residential Water Treatment Devices Industry Overview
The report covers major players operating in the Residential Water Treatment Devices market along with their product portfolio, key financials, and developments. The market is transforming with many technological advancements through product innovation and process automation. The key market players are focusing on improving their production capacity which will help them to increase exports.
Residential Water Treatment Devices Market Leaders
-
Kent RO System
-
Eureka Forbes
-
Culligan International
-
Panasonic Corporation
-
Calgon Carbon
*Disclaimer: Major Players sorted in no particular order
Residential Water Treatment Devices Market News
- In 2022, Culligan international launches The AquasentialTM Smart High Efficiency (HE) Water Softener can reduce running costs by up to 46% by optimizing salt, water, and electricity utilization. The clever system can help you and your house by eliminating toxins from hard water. Dishes get cleaner, water-using appliances survive longer, and your clothes, hair, and skin are softer than ever.
- In 2022, Aquaguard Select Edge with Stainless Steel is a new product from Eureka Forbes that combines copper's goodness with steel's protection. It has a built-in storage tank made of top-quality 304 stainless steel, which is used to make surgical tools. This tank has undergone testing and has been found to be corrosion-free, strong, and long-lasting, ensuring always-fresh and healthful water.
Residential Water Treatment Devices Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS AND INSIGHTS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Industry Value Chain Analysis
-
4.5 Industry Attractiveness - Porters' Five Forces Analysis
- 4.5.1 Threat of New Entrants
- 4.5.2 Bargaining Power of Buyers
- 4.5.3 Bargaining Power of Suppliers
- 4.5.4 Threat of Substitutes
- 4.5.5 Intensity of Competitive Rivalry
- 4.6 Insights of Technology Innovations in the Market
- 4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
-
5.1 By Product Type
- 5.1.1 Point of Entry
- 5.1.2 Point of Use
-
5.2 By Technology
- 5.2.1 Ultraviolet Light
- 5.2.2 Ion Exchange
- 5.2.3 Granular Activated Carbon
- 5.2.4 Reverse Osmosis
- 5.2.5 Other Technologies
-
5.3 By Application
- 5.3.1 Residential
- 5.3.2 Commercial
- 5.3.2.1 Schools and Universities
- 5.3.2.2 Hospitals/Healthcare
- 5.3.2.3 Hotels and Hospitality
- 5.3.2.4 Public Spaces
-
5.4 By Distribution Channel
- 5.4.1 Mass Merchandisers
- 5.4.2 Home Centers
- 5.4.3 Dealers and Plumbers
- 5.4.4 Online
- 5.4.5 Other Distribution Channels
-
5.5 Geography
- 5.5.1 North America
- 5.5.2 Europe
- 5.5.3 Asia Pacific
- 5.5.4 South America
- 5.5.5 Middle East
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concetration Overview
-
6.2 Company Profiles
- 6.2.1 Kent RO System
- 6.2.2 Eureka Forbes
- 6.2.3 Culligan International
- 6.2.4 Panasonic Corporation
- 6.2.5 Calgon Carbon
- 6.2.6 LG Electronics
- 6.2.7 Waterlife
- 6.2.8 Smith
- 6.2.9 Pure It LLC
- 6.2.10 Ceramica Stefani*
- *List Not Exhaustive
7. MARKET OPPORTUNTIES AND FUTURE TRENDS
8. DISCLAIMER AND ABOUT US
** Subject To AvailablityResidential Water Treatment Devices Industry Segmentation
Devices for residential water treatment purify water by removing undesirable elements such biological pollutants, toxic gases, chemicals, and suspended solids. Due to the numerous advantages that household water treatment systems provide, their market has been expanding steadily on a global scale. Residential Water Treatment Devices Market By Product Type (Point of Entry, Point of Use) By Technology (Ultraviolet Light, Ion Exchange, Granular Activated Carbon, Reverse Osmosis, Other Technologies), By Application ( Residential, and Commercial (Schools and Universities, Hospitals/Healthcare, Hotels and Hospitality, and Public Spaces)) By Distribution Channel (Mass Merchandisers, Home Centers, Dealers and Plumbers, Online, Other Distribution Channels) and By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa).
| By Product Type | Point of Entry | |
| Point of Use | ||
| By Technology | Ultraviolet Light | |
| Ion Exchange | ||
| Granular Activated Carbon | ||
| Reverse Osmosis | ||
| Other Technologies | ||
| By Application | Residential | |
| Commercial | Schools and Universities | |
| Hospitals/Healthcare | ||
| Hotels and Hospitality | ||
| Public Spaces | ||
| By Distribution Channel | Mass Merchandisers | |
| Home Centers | ||
| Dealers and Plumbers | ||
| Online | ||
| Other Distribution Channels | ||
| Geography | North America | |
| Europe | ||
| Asia Pacific | ||
| South America | ||
| Middle East |
Residential Water Treatment Devices Market Research FAQs
What is the current Global Residential Water Treatment Devices Market size?
The Global Residential Water Treatment Devices Market is projected to register a CAGR of greater than 5% during the forecast period (2024-2029)
Who are the key players in Global Residential Water Treatment Devices Market?
Kent RO System, Eureka Forbes, Culligan International, Panasonic Corporation and Calgon Carbon are the major companies operating in the Global Residential Water Treatment Devices Market.
Which is the fastest growing region in Global Residential Water Treatment Devices Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Global Residential Water Treatment Devices Market?
In 2024, the North America accounts for the largest market share in Global Residential Water Treatment Devices Market.
What years does this Global Residential Water Treatment Devices Market cover?
The report covers the Global Residential Water Treatment Devices Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Global Residential Water Treatment Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Global Residential Water Treatment Devices Industry Report
Statistics for the 2024 Global Residential Water Treatment Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Residential Water Treatment Devices analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
