Distilled Water Market Size, Share, Trends, Growth 2030

Distilled Water Industry Prospective:

The global distilled water market size was worth around USD 354 Million in 2022 and is predicted to grow to around USD 660 Million by 2030 with a compound annual growth rate (CAGR) of roughly 8.1% between 2023 and 2030.

The report analyzes the global distilled water market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the distilled water industry.

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Distilled Water Market: Overview

The distilled water industry deals with the production and sale of purified water by using the process of distillation. Distilled water is produced by a process involving boiling water followed by steam condensation. This assists in the removal of minerals and impurities and thus produces pure water that can be used for further applications. There are several factors responsible for the growth in the market including growing demand for cleaner and pure water for various industrial and medical purposes along with laboratory-related applications. It is also widely used for different types of household purposes, such as in batteries, steam irons, and humidifiers. The fraternity includes manufacturers, retailers, and distributors that are responsible for providing distilled water to several end-consumers. It can either be sold in containers or bottles of various sizes. Typically, for industrial applications, it is purchased in bulk quantities.

Key Insights: 

• As per the analysis shared by our research analyst, the global distilled water market is estimated to grow annually at a CAGR of around 8.1% over the forecast period (2023-2030)
• In terms of revenue, the global distilled water market size was valued at around USD 0.354 billion in 2022 and is projected to reach USD 0.66 billion, by 2030.
• The market is projected to grow at a significant rate due to the convenience offered by distilled water
• Based on product segmentation, the pharmaceutical grade was predicted to show maximum market share in the year 2022
• Based on application segmentation, medical was the leading application in 2022
• On the basis of region, North America was the leading revenue generator in 2022

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Distilled Water Market: Growth Drivers

Increasing demand from end-user verticals to pull market growth

The global distilled water market is projected to witness high growth owing to the increasing demand from the end-user verticals, such as electronics, cosmetics, pharmaceuticals, and other laboratories for processing or manufacturing. Some of the wide-scale use of distilled water in one of the fastest-growing industries, which is the electronics industry, is related to the cleaning of several electronic components. Distilled water is used to clean semiconductors, printed circuit boards (PCBs), and sensors. It acts as an excellent solvent that efficiently removes debris, dirt, and other contaminants without any damage to the electronic item. It is also helpful in quality control activities in the same sector. As the demand for electronic goods is rising globally due to globalization, increasing consumption of smart devices, and other factors, the requirement for a continuous supply of distilled water is likely to surge.

Distilled Water Market: Restraints

Intense competition from alternative water sources to restrict market growth

The distilled water industry is expected to face growth restrictions owing to the intense competition it faces from alternative methods of water purification. Some of the widely used measures are ultraviolet (UV) sterilization and reverse osmosis (RO). These methods are equally viable options in terms of water purification and for some users, they may offer higher cost-effectiveness. Furthermore, the limited availability of raw materials is an added limitation as the process requires a supply of large amounts of high-quality water as input.

Distilled Water Market: Opportunities

Growing demand in healthcare applications to provide higher growth opportunities

The global distilled water market size may witness further growth owing to the rising applications of distilled water in the healthcare sector, one of the most crucial and resourceful segments of all other end-user verticals. Distilled water is widely used for various processes like medical procedures and equipment sterilization. As the demand for healthcare processes is rising rapidly, so is the demand for water purification processes like water distillation. Some of the key applications of distilled water are used in inhalation therapy, dialysis, and the preparation of solutions, media, and reagents.

Distilled Water Market: Challenges

Limited awareness amongst certain segments of consumers to challenge market growth

One of the key challenges faced by the global distilled water industry players in terms of limited awareness about the benefits of using distilled water amongst certain consumer segments. For instance, many consumers may not be aware of the difference between regular tap water and distilled water. In addition to this, the cost of the water distillation process is higher as compared to other measures of water purification.

Distilled Water Market: Segmentation

The global distilled water market is segmented based on application, distribution channel, product, and region.

Based on application, the global market segments are chemical & biological laboratories, drinking, automotive cooling systems & batteries, medical, and others. In 2022, the highest growth was in the medical sector. It includes the use of distilled water in clinics and hospitals. There are several key applications of distilled water in medical settings. For instance, it is used for medical procedures, equipment sterilization, laboratory testing, and patient hydration. The demand for distilled water in chemical & biological laboratories is typically in lesser quantities and drinking is not a very common application of this type of purified water. A basic countertop water distiller for home use can typically cost anywhere from $100 to $500.

Based on distribution channel, the global market divisions are distributors and direct sales.

Based on product, the global market segments are industrial grade and pharmaceutical grade. In 2022, the latter was the highest revenue-generating segment due to the intense use of distilled water for various medical purposes. In industrial grade, the applications of purified water include use in the manufacturing, electronics, and automotive segments. The purity level of industrial-grade distilled water is lesser than that of pharmaceutical-grade water but it is still free of any impurity that can harm industrial equipment or processes. The former type is generally used for cooling, and rinsing applications. The conductivity level of pharmaceutical-grade distilled water is not more than 1.3 µS/cm at 25°C.

Recent Developments:

• In January 2023, Brihanmumbai Municipal Corporation (BMC), the municipal corporation of Mumbai, India, announced that its ambitious project of building a desalination plant for the city will begin in 2023. The Arabian Sea will act as the main source of water supply that would be under desalination to meet the growing drinking and agricultural demands of the city
• In January 2023, the Nemmeli village in the Tamil Nadu State of India is expected to witness the completion of its third desalination plant by the end of July 2023. The project cost INR 1516.82 crore with a capacity of treating around 150 million liters of seawater per day
• In April 2022, researchers at the Massachusetts Institute of Technology (MIT) developed a mobile desalination unit that weighs around 10 kg. It is capable of removing salts and other particles to purify the water for drinking purposes

Distilled Water Market: Report Scope

Distilled Water Market: Regional Analysis

North America to witness significant growth

The global distilled water market witnesses changing demand from various regional territories owing to factors like water quality, industrial & economic development levels, and water scarcity. In 2022, the industry witnessed the highest growth in North America and it is expected to continue the same trend during the forecast period. The presence of a robust healthcare infrastructure is a major reason for the high regional CAGR. The US and Canadian regions have also registered growing demand for industrial-grade distilled water leading to further revenue. In addition to this, the rising number of investments toward the development of advanced and effective versions of water distillation equipment, especially the efforts directed toward desalinating water for drinking purposes is expected to act as a major growth propeller. The growing industrialization in Asia-Pacific, especially the manufacturing sector, is projected to contribute to the regional CAGR.

Distilled Water Market: Competitive Analysis

The global distilled water market is led by players like:

• PepsiCo Inc.
• Nestle Waters
• Gerolsteiner Brunnen GmbH & Co. KG
• Aquafine Corporation
• Coca-Cola Co.
• Dow Water & Process Solutions
• Crystal Geyser Water Company
• Thermo Fisher Scientific Inc.
• Fiji Water LLC
• Culligan International Company
• Mountain Valley Spring Company LLC
• Graver Technologies LLC
• Brita GmbH
• ProMinent GmbH
• Labconco Corporation
• Pall Corporation
• ELGA LabWaterVeolia Water Technologies
• ELGA LabWater
• Pure Water Technology
• Merck KGaA.

The global distilled water market is segmented as follows:

By Application

• Chemical & Biological Laboratories
• Drinking
• Automotive Cooling Systems & Batteries
• Medical
• Others

By Distribution Channel

• Distributor
• Direct Sales

By Product

• Industrial Grade
• Pharmaceutical Grade

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