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Water Filters Market is expected to register exponential growth

04-25-2024 10:53 AM CET | Chemicals & Materials

Press release from: Market Data Forecast

Water Filters Market is expected to register exponential growth

According to the latest research report published by Market Data Forecast, the global water filters market is expected to grow at a CAGR of 8.6% from 2024 to 2029 and be worth USD 24.41 billion by 2029 from USD 16.16 billion in 2024.

The industry is witnessing a robust growth rate propelled by the rising attention and understanding of water quality, swift urbanization, better infrastructure in developing countries, and increased demand for sustainable and environmentally friendly products and enhanced emphasis on wellbeing and health.

Global Water Filters Market Report Scope:

• Market Size (2029): USD 24.41 Billion
• Market Size (2024): USD 16.16 Billion
• CAGR (2024 to 2029): 8.6%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: Technology, Type, Media Type, End-User, and Region
• Geographies Covered: North America, Europe, APAC, Latin America, and Middle East & Africa
• Key Market Players Profiled: Eaton Corporation (US), Suez Water Technologies & Solutions (France), Veolia (France), Dow Water & Process Solutions (US), Evo Qua Water Technologies (US), Mann-Hummel (Germany), Pall Corporation (US), Pentair PLC (UK) and Lydall Industrial Filtration (US), and Others.

Market Drivers:

The growing worry about water pollution is one of the main factors propelling the market expansion. With the steady rise in the cognizance regarding quality problems, customers are looking gradually attentive to the consumption of natural and sterilized drinking water. This elevated consciousness is influenced by the upraising of diarrhoeal diseases, cholera, shigella, typhoid, hepatitis A and E, poliomyelitis, and industrial and environmental contamination. People are focusing on their wellness and health, so accessing and drinking safe and clean water is the first choice. Therefore, it is now essential to have a steady supply of clean drinking water due to these filters.

The growing recognition of physical and mental wellness among customers is a significant factor propelling the water purifier industry. People are realising steadily the value of clean, pure water to keep their overall wellbeing. This greater understanding is because of issues about pollution, toxins, and other health hazards caused by untreated or contaminated water sources. People are more mindful of the various health advantages of drinking filtered water.

Market Restraints:

The water filters market growth is hindered by superior tap water in western countries. So, the adoption of bottled water and its purifiers is significantly hampered by the availability of potable water naturally found and because of municipal treatment. It shows an elevated level of precision in the industrialised economies of North America and Europe, with strict safety regulations implemented to monitor and control the quality of water. The presence of clean and regulated municipal water discourages households from purchasing costly service and replacement filters limits the market growth.
Furthermore, customer's strong attraction for packaged water is another main obstacle preventing the water purifier market expansion. People have started favouring bottled water increasingly, so this trend significantly affects the industry.

Browse full details of the report @ https://www.marketdataforecast.com/market-reports/water-filters-market

Key Insights from The Report:

• Based on technology, the RO purifiers segment led the market and accounted for the largest share of the global market in 2023.
• Based on type, the reverse osmosis segment captured the highest share of the global market in 2023.
• Based on media type, the single and dual phase segment dominated the market in 2023.
• Based on end-user, the municipal segment occupied the majority of the global market share in 2023.
• Asia-Pacific dominated the water filters market in 2023. Europe accounted for the second-highest share of the global market in 2023 and on the other hand, the North America region is estimated to grow at the fastest CAGR during the forecast period.

SEGMENTATION INCLUDED IN THIS REPORT:

By Type
• Reverse Osmosis
• Ceramic Filters
• Activated Carbon Filters
• UV Filters
• Water Distillation

By Technology
• Gravity Purifiers
• RO Purifiers
• UV Purifiers
• Sediment Filters
• Water Softener

By Media Type
• Single & Dual Phase
• Multimedia
• Cartridge

By End-User
• Municipal
• Industrial
o Oil & Gas
o Chemicals & Petrochemicals
o Food & Beverages
o Pharmaceuticals
• Domestic

By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Browse Regional Reports:

Asia Pacific Water Filters Market Research Report - Segmentation by Technology (UV, RO, and Gravity-based), Distribution Channel (Retail Sales, Direct Sales, and Online), Portability (Portable, and Non-Portable), and End-User (Commercial and Residential) - Industry Analysis, Size, Share, Growth, Trends, Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/asia-pacific-water-filters-market

North America Water Filters Market Research Report - Segmented By Technology, Distribution Channel, Portability, End-user and Country (The United States, Canada and Rest of North America) - Industry Analysis on Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029) - https://www.marketdataforecast.com/market-reports/north-america-water-filters-market

Europe Water Filters Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report - Segmented By Technology (UV, RO, and Gravity-based), , Distribution Channel (Retail Sales, Direct Sales, and Online), Portability (Portable, and Non-Portable), and End-User (Commercial and Residential) and Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis (2024 to 2029) - https://www.marketdataforecast.com/market-reports/europe-water-filters-market

TABLE OF CONTENTS:

1. Introduction
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods

2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline

3. Report Overview
3.1 Executive Summary
3.2 Key Inferences

4. Market Dynamicsz
4.1 Impact Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends

5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market Share Analysis
5.1.2 Products/Service
5.1.3 Regional Presence
5.2 Mergers & Acquisition Landscape
5.3 Joint Ventures & Collaborations

6. Market Segmentation
6.1 Water Filters Market, By Technology
6.1.1 Gravity Purifiers
6.1.2 RO Purifiers
6.1.3 UV Purifiers
6.1.4 Sediment Filters
6.1.5 Water Softener
6.1.6 Market Size Estimations & Forecasts (2024 to 2029)
6.1.7 Y-o-Y Growth Rate Analysis
6.1.8 Market Attractiveness Index
6.2 Water Filters Market, By Media Type
6.2.1 Single & Dual Phase
6.2.2 Multimedia
6.2.3 Cartridge
6.2.4 Market Size Estimations & Forecasts (2024 to 2029)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Water Filters Market, By End-User
6.3.1 Municipal
6.3.2 Industrial
6.3.3 Domestic
6.3.4 Market Size Estimations & Forecasts (2024 to 2029)
6.3.5 Y-o-Y Growth Rate Analysis
6.3.6 Market Attractiveness Index

7. Geographical Landscape
7.1 Global Water Filters Market, by Region
7.2 North America - Market Analysis (2024 to 2029)
7.2.1 By Country
7.2.1.1 USA
7.2.1.2 Canada
7.2.2 By Technology
7.2.3 By Media Type
7.2.4 By End-User
7.3 Europe
7.3.1 By Country
7.3.1.1 UK
7.3.1.2 France
7.3.1.3 Germany
7.3.1.4 Spain
7.3.1.5 Italy
7.3.1.6 Rest of Europe
7.3.2 By Technology
7.3.3 By Media Type
7.3.4 By End-User
7.4 Asia Pacific
7.4.1 By Country
7.4.1.1 China
7.4.1.2 India
7.4.1.3 Japan
7.4.1.4 South Korea
7.4.1.5 South East Asia
7.4.1.6 Australia & NZ
7.4.1.7 Rest of Asia-Pacific
7.4.2 By Technology
7.4.3 By Media Type
7.4.4 By End-User
7.5 Latin America
7.5.1 By Country
7.5.1.1 brazil
7.5.1.2 Argentina
7.5.1.3 Mexico
7.5.1.4 Rest of Latin America
7.5.2 By Technology
7.5.3 By Media Type
7.5.4 By End-User
7.6 Middle East and Africa
7.6.1 By Country
7.6.1.1 Middle East
7.6.1.2 Africa
7.6.2 By Technology
7.6.3 By Media Type
7.6.4 By End-User

8. Key Player Analysis
8.1 Eaton Corporation(US)
8.1.1 Business Description
8.1.2 Products/Service
8.1.3 Financials
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Suez Water Technologies & Solutions(France)
8.3 Veolia(France)
8.4 Dow Water & Process Solutions(US)
8.5 Evo Qua Water Technologies(US)
8.6 Mann-Hummel(Germany)
8.7 Pall Corporation(US)
8.8 Pentair PLC(UK)
8.9 Lydall Industrial Filtration(US)

9. Market Outlook & Investment Opportunities
Appendix
List of Tables
List of Figures

ABOUT US:
Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

MarketDataForecast
www.marketdataforecast.com
Phone: +1-888-702-9626
Email: sales@marketdataforecast.com
3rd Floor, Trendz Park Building, Jain Rock Garden Rd, Vittal Rao Nagar, Madhapur, Hyderabad, Telangana, India.

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