DUBLIN, Dec. 4, 2023 /PRNewswire/ -- The "Water Purifiers - Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Water Purifiers Market to Reach $91.1 Billion by 2030

The global market for Water Purifiers estimated at US$45 Billion in the year 2022, is projected to reach a revised size of US$91.1 Billion by 2030, growing at a CAGR of 9.2% over the analysis period 2022-2030. RO Purifiers, one of the segments analyzed in the report, is projected to record 9.8% CAGR and reach US$56 Billion by the end of the analysis period. Growth in the UV Purifiers segment is estimated at 9.1% CAGR for the next 8-year period.

This report provides insights into the global water purifiers market, starting with an introduction to the importance of water and water purifiers. It highlights how the COVID-19 pandemic has brought attention to the demand-supply gap in accessing clean and safe water, emphasizing the looming global water crisis and the opportunities it presents for water purifiers.

The report discusses the growing need for water disinfection amid COVID-19 and presents a global market overview and analysis. It forecasts significant growth in the water purifiers market, driven by the versatile benefits of water purification systems. Reverse osmosis (RO) water purifiers are noted as dominating the market, with residential water purifiers holding a major share.

The competitive landscape of the water purifiers market is discussed, with data on the global key competitors' percentage market share in 2022. The report also assesses the competitive market presence of players worldwide in 2022, categorizing them as strong, active, niche, or trivial in the market. Recent market activity is also covered.

The market is analyzed on a regional level, with the US and Europe identified as dominant regions in the water purifiers market. Asia-Pacific is also registering market growth, particularly due to the clean water crisis in developing nations, which underscores the need for water purifiers.

The U.S. Market is Estimated at $10.9 Billion, While China is Forecast to Grow at 12.2% CAGR

The Water Purifiers market in the U.S. is estimated at US$10.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$21.4 Billion by the year 2030 trailing a CAGR of 12.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.4% and 7.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR.

What`s New?

• Special discussions on the global economic climate and market sentiment

• Coverage on global competitiveness and key competitor percentage market shares

• Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial

• Online interactive peer-to-peer collaborative bespoke updates

• Access to digital archives and trademarked research platform

• Complimentary updates for one year

• Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes