26-Mar-2020 | Zion Market Research
As per Zion Market Research, the point-of-use water treatment systems market is predicated to surpass USD 33.1 billion by 2025 with a CAGR of 10.41%. The market was valued at USD 20.1 billion in 2019. The global market is developing owing to the increasing awareness about the advantages of water treatment, rising demand for clean drinking water, and technological advancements in the water treatment sector. Major players active in the point-of-use water treatment systems market comprise Pentair, Honeywell, Unilever, Panasonic, Coway, LG Electronics, Toray, BWT AG, Alticor, and Brita.
Tabletop Pitchers Segment Ruled The Global Point-Of-Use Water Treatment Systems Market In 2019
On the basis of device, the development of the global point-of-use water treatment systems market was ruled by the tabletop pitchers section in terms of value in 2019. Rising requirement for tabletop pitchers can be credited to its low cost and ready accessibility. These machines do not need installation and are accessible in different capacities and sizes.
Residential Segment Created A Huge Requirement For Point-Of-Use Water Treatment Systems In 2019
The residential section added up for a bigger share in 2019 and is expected to develop at a max CAGR from 2019 to 2025. The rising requirement for clean water all over the world and restricted resources of freshwater makes it vital to treat water for non-residential and residential purposes. Elevated awareness about the advantages of employing clean water for cooking & drinking and water contamination-associated problems amongst users are factors boosting the global point-of-use water treatment systems market all over the world.
The Global Point-Of-Use Water Treatment Systems Market In Asia Pacific Predicted To Clock The Max CAGR In The Years To Come
The Asia Pacific is predicted to be the quickest developing area in terms of volume and value in the global point-of-use water treatment systems market. Major factors such as increasing awareness about water purification techs, rapid urbanization, increment in disposable revenue, and development in the middle-class population are predicted to boost the growth for Asia Pacific point-of-use water treatment systems market in the long run. North America is expected to come after Asia Pacific, in terms of requirement, with the US adding up for the biggest share of the market in the area.
Browse the full “Point-of-Use Water Treatment Systems Market - By Technology (Ultrafiltration, RO, Under-the-sink, Distillation, and Filtration), By Device (Faucet-mounted, Tabletop, Under-the-sink, and Countertop), By Application (Non-residential and Residential), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/point-of-use-water-treatment-systems-market
The global point-of-use water treatment systems market is segmented as follows:
By device
By technology
By application
By Region
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