The global Point of Use Water Treatment Systems Market size was USD 14000 million in 2022 and is expected to reach USD 72236.92 million in 2032, and register a revenue CAGR of 20% during the forecast period. The prevalence of waterborne infections brought on by contaminated water sources and growing concerns about the safety of drinking water are two major factors driving the market revenue growth. Water supplies are becoming more polluted as a result of the expanding global population, quick urbanization, and industrialization, necessitating the deployment of effective point-of-use water treatment technologies.
The rise of the market revenue growth is also being driven by an increase in government programs to encourage the adoption of point-of-use water treatment systems in both urban and rural regions. For instance, the Indian government launched the Jal Jeevan Mission in June 2020 to provide each household with a tap connection by 2024.
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Some Key Highlights from the Report
- By device, the countertop unit segment accounted for largest market revenue share in 2020. Countertop units can remove a wide range of harmful water pollutants. They need minimal maintenance and fewer filter changes. They are also widely used in various places due to their cost-effectiveness and ease of use.
- Point of use water treatment systems are easy to use and install. They also take up little space. Demand for such systems is growing due to deteriorating water quality, growing urbanization, and a surge in the incidence of water-borne diseases across the globe.
- By application, the residential segment accounted for largest market revenue share in 2020. Rise in global population and increase in the number of residential construction projects are driving revenue growth of this segment. Further, demand for point of use water treatment systems is also expected to increase in non-residential areas like industries, healthcare facilities, stadiums, airports, and railway stations due to increasing need for clean drinking water in these places.
Major Companies:
- Ecolab Inc.
- Kinetico Incorporated
- 3M Company
- General Electric Company
- Pentair plc
- Danaher Corporation
- Helen of Troy Limited
- Culligan International Company
Competitive Landscape:
The report further sheds light on the competitive landscape and provides in depth information about each market player including its global position, product portfolio, financial standing, revenue growth and company overview. The market players are focused on adopting various inorganic and organic growth strategies such as mergers and acquisitions, joint ventures, collaborations, product launches and partnerships to gain a robust footing in the market.
Key questions addressed in the report:
- What is the expected market size of the global Point of Use Water Treatment Systems market during the forecast period?
- What CAGR is the global market expected to register during the forecast period?
- Which key factors are expected to boost global market growth between 2021 and 2028?
- What are the key restraints that are expected to hamper global market growth?
- Which regional market is expected to register robust CAGR during the forecast period?
- Which key players are operating the global Point of Use Water Treatment Systems market?
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Point of Use Water Treatment Systems Market Segmentation:
Product Outlook:
- Reverse Osmosis Systems
- Ultrafiltration Systems
- Distillation Systems
- Disinfection Methods
End-Use Outlook:
- Residential
- Industrial
- Commercial
Regional Outlook:
- North America
- S.
- Canada
- Mexico
- Europe
- Germany
- K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- A.E.
- South Africa
- Rest of MEA
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