Water purifiers remove biological
contaminants, suspended solids, toxins, harmful gases & chemicals,
bacteria, fungi and other such impurities from contaminated water, making water
safe for drinking. The penetration of water purifiers is relatively higher in
developed regions while huge semi urban and rural areas in developing countries
still remain untapped. Water purifiers emerged as a primary necessity for urban
consumers in developing economies, since a decade, due increase in the level of
water pollution. Countries such as India and China are likely to unfold
attractive business opportunities in water purifier market in the coming years,
due to huge customer base and high levels of water pollution.
Rise in levels of disposable
income of customers, increased incidences of waterborne diseases, industrial
development leading to water pollution and rising concerns towards health are
the primary growth facilitators of the water purifier market. However,
increasing demand for packaged drinking water acts as a restraining factor,
limiting the growth to a certain extent. Low market penetration in rural areas,
is amongst the major challenges faced by the players due to lack of awareness
towards health and sanitation.
World water purifier market is
segmented on the basis of technology, end-user, channels of distribution and
geography. Segmentation on the basis of technology includes gravity purifier,
UV purifier and RO purifier. Based on the end-user, the segmentation includes
commercial and residential users. Further, market segmentation on the basis of
channels of distribution includes retail stores, direct sales and online.
Geographically, the classification includes North America (U.S., Canada,
Mexico), Europe (Western Europe, Russia & others), Asia-Pacific (China,
Japan, South Korea, India & others) and LAMEA (Brazil, Middle East &
others).
Key players profiled in the report
are Best Water Technology Group, Brita Gmbh, Tata Chemicals, Panasonic, Amway
Corporation, Aquasana, HaloSource Inc., GE Water & Process Technologies
Inc., Eureka Forbes Limited and Kent RO System Ltd. Product launch has been the
key strategy adopted by these players to attract more number of customers and
strengthen their foothold in the market. In 2016, Bluewater Group, a water
purifier company, based in China launched three new products that are one of
their own kind in terms of design, technology and affordability. Similarly, in
2015, Kent RO launched two new models namely Aura and Eternal, based on HEPA
(High-Efficiency Particulate Air) in India, which helped the company to gain
stronger foothold in the water purifier market.
For more information Visit at: http://mrr.cm/JdY
Find all Home Appliances Reports
at: http://www.marketresearchreports.com/home-appliances
No comments:
Post a Comment
Note: only a member of this blog may post a comment.