Asia-Pacific water purifier market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 8.6% in the forecast period of 2021 to 2028 and is expected to reach USD 4,369.51 million by 2028. Increase in concerns towards health and well-being among the population is boosting the growth of the market.
The Asia-Pacific region has a large number of rural areas that lack availability of clean water. The areas lack the basic amenities of pure water and the government is taking various initiatives to provide clean water by installing water purifiers and increasing awareness among the population to drink clean water which is boosting the demand of water purifiers in the region.
Water purifiers are used for purifying the water to make it suitable for drinking and using it for other purposes such as washing clothes, bathing and others. Water comes from different sources that are exposed to the open environment that leads to contamination of water. The water reaching household and commercial places needs to be treated in order to prevent waterborne diseases. Waterborne diseases are caused by microscopic organisms such as viruses and bacteria that get ingested through contaminated water. Transmission of these pathogens can occur while using infected water for drinking, washing clothes and food preparation among others. The waterborne diseases can be prevented by purification of water done by the water purifiers that can be installed at residential and commercial places.
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Competitive Landscape and Water Purifier Market Share Analysis
Water purifier market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the Asia-Pacific water purifier market.
The major players covered in the report Unilever, COWAY CO.,LTD., EcoWater Systems LLC, Pentair, 3M, Mitsubishi Chemical Cleansui Corporation (a brand of Mitsubishi Chemical Corporation), TORAY INDUSTRIES, INC., Koninklijke Philips N.V., Kent RO Systems Ltd, Shenzhen Angel Drinking Water Equipment Co., Culligan, Midea Group, A. O. Smith, LG Electronics, Tata Chemicals Ltd., Whirlpool Corporation, Xiaomi, GE Appliances, a Haier company, Brita LP, Panasonic Corporation among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of the water purifier market.
Rising Demand of Water Purifier
Water Purifier market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in Water Purifier and changes in regulatory scenarios with their support for the Water Purifier market. The data is available for historic period 2010 to 2019.
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Water Purifier Market Country Level Analysis
Water purifier market is analysed and market size information is provided by country, technology, installation type, filter type, portability, distribution channel and application as referenced above.
The countries covered in Asia-Pacific water purifier market report are China, Japan, Malaysia, Australia & New Zealand, South Korea, India, Singapore, Indonesia, Thailand, Philippines, and Rest of Asia-Pacific.
China is dominating the market in the Asia-Pacific region due to the presence of hard water which is not suitable for drinking and washing and needs water softeners for making the water suitable. Japan is dominating due to an upsurge in incidence of waterborne diseases and increase in concerns toward health and well-being among the population. Malaysia is dominating due to availability of affordable water purifiers and rising scarcity of freshwater.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
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Global Home Beer Brewing Machine Market Report Answers the Following Questions:
- What are the current market trends in the Asia-Pacific Water Purifier Market?
- How has the increasing adoption of technology in the industry impacted the growth of the Asia-Pacific Water Purifier Market?
- What are the major drivers and restraints of the Asia-Pacific Water Purifier Market?
- How is the Asia-Pacific Water Purifier Market segmented?
- What are the major players in the Asia-Pacific Water Purifier Market and what is their market share?
- How has the COVID-19 pandemic affected the Asia-Pacific Water Purifier Market?
- What is the market size and forecast of the Asia-Pacific Water Purifier Market?
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