Commercial Water Purifiers Market Volume By Company Profile, Share, Revenue, Application and Forecast 2023-2030
Commercial Water Purifiers Market
The Global Commercial UV Water
Purifier Market is
forecasted to grow significantly, with a projected value of USD 397.32 Million
in 2023, and is projected to grow at a CAGR of 4.43%, to reach a staggering USD
540.76 Million by 2030.
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The Global Commercial Water Purifier Market was valued at USD
8.29 Billion in the year 2021. Increased demand for water purifiers in the
commercial sector can be ascribed to an increase in the number of restaurants,
cafeterias, business complexes, tea shops, fast food outlets, and other similar
establishments in both developed and developing countries. Furthermore,
increased public awareness of the dangers of high total dissolved solids (TDS)
levels in drinking water, continued industrial expansion, and the
implementation of severe government laws requiring the supply of high purity
water are all driving up commercial water purifiers sales.
Based on the Filter Type segment, the Reverse Osmosis segment is
expected to hold the largest share in the Commercial Water Purifier market in
the year 2027 as RO purifiers are used to treat highly contaminated water
containing dissolved salts and heavy metals. They are the most effective
purifier type to treat seawater and municipal tap water that is of poor
quality. As the quality of water that is available across the globe continues
to deteriorate due to pollution, RO purification is foreseen to witness growth
in sales during the forecast period.
APAC region is estimated to have the maximum share in the global Commercial
Water Purifier market followed by the Americas & Europe. Also, the new
emerging markets in the APAC region will witness the fastest growth rate in the
forthcoming years.
Also, the global commercial water purifiers market is being driven by factors
such as industrial expansion and rising urbanization. The rapidly expanding
hotel business, as well as decreasing water quality, are driving up demand for
water purifiers. The industry is expected to develop as government standards
for safe and healthy drinking water systems are implemented. The commercial
water purifier market is disintegrating and highly competitive owing to the
presence of major global and regional players. All the dominant players are
performing better than one another in all the parameters and in this way, the
competition in the commercial water purifier market is intensifying.
Market Segmentation of Commercial Water Purifiers Market
Market Challenges
·
High cost of equipment
·
Maintenance cost
Market by Technology
·
UV
·
RO
·
Gravity Based
·
Sediment Filter
·
Water Softner
·
Others
Market by End User
·
Commercial
·
Residential
Market by Distribution Channel
·
Retail
·
Direct
·
Online
Market by Portability
·
Non-Portable
·
Portable
Market by Region
·
Europe
·
Germany
·
United Kingdom
·
France
·
Italy
·
Spain
·
Russia
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Key Target Audience:
·
Membrane water purifier, media water purifier, UV water purifier
manufacturers
·
Membrane water purifier, media water purifier, UV water purifier
suppliers
·
End-users of POE water purifiers, such as residential complexes
and apartments
·
Research organizations and consulting companies
·
Associations, organizations, forums and alliances related to POE
water purifiers
·
Government bodies such as regulating authorities and policy
makers
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