Global Water Purifier Market Overview
Global Water Purifier Market is projected to register significant growth over the coming years on account of increasing concerns about health and hygiene, combined with inadequate access to clean drinking water in developing countries and growing urbanization. Furthermore, rising instances of water contamination due to increasing industrial waste, agricultural effluents, and antiquated pipelines, are expected to further propel the residential and commercial demand for water purifiers over the coming years. However, the ongoing global pandemic COVID-19 hampered the overall economic growth of Saudi Arabia, thus, restraining the Global Water Purifier Market Growth as well.
According to 6Wresearch, the Global Water Purifier Market size is projected to grow at CAGR of 7.3% during 2020-2026. The global water purifier market is expected to witness a proliferation in the coming timeframe on the back of an increase in the rising needs and concerns towards the safe drinking water. With the era of industrialization, the water quality has been degraded. Although many countries are working towards the wastewater treatment plans, still the race for fit drinking water for consumption is an evident practice to be followed and as a result, is putting pressure on the water purifier makers to bring in technically advanced products to win the bid of alleviating the unfit substances from water and make it fit for drinking. The main growth of the global water purifiers market contributing aspects for the global water purifier market is the increasing construction of both commercial places such as hospitals, gyms, and medical clinics where human footfall is more and in the residential sector. Not only this but the timely replacement of water filters is also expected to be a growth driving factor for the market and is anticipated to trigger significant revenues for the global water purifier market in the next five to ten years.
Key Highlights of the Report
- Global Water Purifier Market Overview
- Global Water Purifier Market Outlook
- Global Water Purifier Market Forecast
- Global Water Purifier Market Outlook on Drivers and Restraints
- Global Water Purifier Market Trends
- Global Water Purifier Industry Life Cycle
- Porter’s Five Force Analysis
- Global Water Purifier Market Opportunity Assessment
- Global Water Purifier Market Share, By Company
- Global Water Purifier Market Overview on Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
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