Packaged Water Treatment System Market Size, Share, Analysis, Trends, Growth, 2032

Packaged Water Treatment System Market Insights

According to a report from Zion Market Research, the global Packaged Water Treatment System Market was valued at USD 24.84 Billion in 2023 and is projected to hit USD 60.03 Billion by 2032, with a compound annual growth rate (CAGR) of 10.3% during the forecast period 2024-2032. This report explores market strengths, weakness, opportunities, and threats. It also provides valuable insights into the market's growth drivers, challenges, and the future prospects that may emerge in the Packaged Water Treatment System Market industry over the next decade.

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Packaged Water Treatment System Market: Overview

Package water treatment systems provide an alternative to in-ground conventional treatment systems. It is also used to store the plenty of water. This water treatment system can be transported easily to any other site. The process of water treatment is almost similar to other treatment processes, but some systems models may contain innovative treatment elements adsorptive clarifiers. It is recommended for industries as well as residential complexes. The market for packaged water treatment system market is driven by the rising population and rapid urbanization in emerging economies such as China and India.

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Package water system treatment systems are being used is pharmaceuticals sites to reduce their overall cost. In Second quarter of 2018 Veolia water technologies launched IonPRO LX, a water treatment system, which is user-friendly and a compact system which is capable of producing an uninterrupted supply of purified water with very less or no operator involvement. The product is been manufactured in compliance with FDA and MHRA regulations.

Westech Engineering (U.S. based company) attracted the attention of SME’S, recreational sites, industries, and resorts because of its water treatment system Water Boy, as it is a smaller version of the Aquarius suited for smaller communities with smaller footprint and high performance filter bed, perfectly suited for their needs.

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Packaged Water Treatment System Market: COVID-19 Impact Analysis

On March 2020, the WHO declared COVID-19, a novel strain of coronavirus. COVID-19 pandemic has negatively impacted the economy globally. It has affected the operations of many industries, eventually reducing the industrial water waste which led to massive drop in oil demand by the nations which further affected the oil turning. This caused a decrease in investment and a major reduction in the drilling activities. During this period, companies were also struggling to meet the normal need of its customers due to shortage of labor and shutdown of plants.

Packaged Water Treatment System Market: Growth Factors

The packaged water treatment system market is expected to grow at a fast pace owing to its increasing demand due rising importance of packaged water and wastewater treatment. The surge in contamination level and rising concern among people will propel market growth. Additionally, the rising awareness amongst people about the benefits of clean water to maintain good health is anticipated to foster growth for packaged water treatment system. Rise in the standard of living, literacy rate and income level across the world will also support market growth in the long run.

Rising awareness in the emerging countries such as India, China, and South Africa along with the increase in the population globally will affect market growth in the long run. With the rise in the population globally the demand for clean water is also expected to surge which will promote demand for packaged water treatment system. This is anticipated to increase the importance of recycling water along with treating water from numerous water bodies like lakes, rivers and seas to meet the escalating demand for clean water.

Packaged Water Treatment System Market: Report Scope

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Application Segment Analysis Preview

Drinking water under application segment held a share of around 40% in 2023. This is attributable the rising population globally along with the rise in the scarcity of drinking water. According to national geographic, freshwater accounts up for a small fraction of the total water available on the planet. The planet is covered with 70% of water, out of which only 2.5 % of it is fresh and the rest is ocean-based and saline. To sum up there is only 0.007% of the planet's water is available to feed the population of over 7.8 billion people. This is anticipated to propel market demand for packaged water treatment system in the long run. Other application segments include drinking, industrial wastewater treatment and municipal wastewater treatment.

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Technology Type Segment Analysis Preview

Extended aeration segment will grow at a CAGR of over 9% from 2024 to 2032. This is due to the lower costs and investments. This is followed by reverse osmosis and MBBR. The strict regulatory and sustainability instruction in regards to the environment is making way for substitute technologies to chemical-based water along with wastewater treatment systems like, MBBR, extended aeration, MBR, SBR and RO which will supplement market for these technologies.

Regional Analysis Preview

Middle East & African is projected to grow at a CAGR of over 10% during the forecast period. This is attributable to the fast pace growth for packaged water treatment system in the coming years. Rising demand for fresh and clean water by industries and residential in the region will propel market demand. The increasing standard of living of the people in the Middle East and the scarcity of fresh water source made it vital to reclaim waste water in order to meet the needs of fresh water are expected to will flourish market for water treatment systems.

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Asia Pacific region held a notable share exceeding 12% in 2020. This surge is due to the rising population and government initiative and investment for improving the water purification along with the surging need for the clean water resources across the region.

Packaged Water Treatment System Market: Competitive Landscape

The global packaged water treatment system market is highly competitive. Rise in acquisitions and mergers along with investments by the market players to offer better products at competitive prices.

Some of the key players of market are

• GE water & Process Technologies
• Veolia Water Technologies
• Westech Engineering Incorporation
• RWL water
• Smith & Loveless Inc.
• Napier-Reid Limited.
• Enviroquip
• WPL International
• CST Wastewater Solutions Incorporation
• Corix Water Systems 
• among others. 

The global packaged water treatment system market is segmented as follows:

By Technology Type

• Extended Aeration
• Moving Bed Biofilm Reactor (MBBR)
• Reverse Osmosis (RO)
• Membrane Bioreactor (MBR)
• Sequential Batch Reactor (SBR)
• Others

By Application

• Municipal Wastewater Treatment
• Industrial Wastewater Treatment
• Drinking Water Treatment

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa