Home Water Filtration Unit Market by Products (RO-based, UV-based, and Others) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global home water filtration unit market is projected to expand at a robust CAGR during the forecast period, 2021–2028. The growth of the market is attributed to rising microbial and chemical contamination in water resources.
A water filter eliminates impurities by using a fine physical barrier. Water filtration is a chemical or biological process. Water filters uses processes such as sieving, adsorption, ion exchanges, biofilms to remove unwanted elements from water. Some of the water filters uses media filters, screen filters, disk filters, slow sand filter beds, rapid sand filters, cloth filters, and biological filters to discard impurities. Water filtration unit is witnessed as a mandate product owing to the increasing incidence of waterborne diseases such as E.Coli and cholera.
Market Trends, Drivers, Restraints, and Opportunities:
- Growing awareness about various benefits associated with the use of water filters is anticipated to spur the market growth.
- Changing lifestyle in urban areas is driving the growth of the market.
- Increasing technological innovations is speculated to propel the market growth.
- Increasing disposable income in emerging nations is driving the growth of the market.
- High maintenance cost of filters cab restraint the growth of the market.
- Scarcity of clean water in developing and under developed countries is one of the opportunities that can boost the market growth in the coming years.
Scope of the Report
The report on the home water filtration unit market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Home Water Filtration Unit Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Products (RO-based, UV-based, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Best Water Technology Group, Kent RO System Ltd, Brita Gmbh, Eureka Forbes Limited, Tata Chemicals, HaloSource Inc., Panasonic, Amway Corporation, Aquasana, springWell Water Filter System, Lenntech B.V., Eirsoft Water, and GE Water & Process Technologies Inc. |
Home Water Filtration Unit Market Segment Insights:
RO-based segment anticipated to grow at a rapid pace
On the basis of products, the market is divided into RO-based, UV-based, and others. The Ro-based segment is anticipated to expand at a high CAGR during the forecast period. Ro-based purifier systems kills microorganisms and remove heavy metals, pesticides, and dissolved solids. RO filtration system uses a special fine membrane to eliminate impurities that may not be visible to the naked eye. The membrane of the RO system removes impurities based on their size and shape. RO filters are highly recommended in water filters due to its excellent barrier capability against harmful minerals. The UV-based segment held a share over 30% in 2020 and is expected to witness substantial growth in the coming years. This product provides a complete elimination to the water impurities as radiations irradiate the water by penetrating the cells of bacteria and viruses, thereby destroying their reproductive ability.
North America to accounts for a significant market share
Based on regions, the market is divided into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa.The market in Asia Pacific segment is anticipated to witness an impressive growth rate in the home water filtration unit market during forecast period. In Asia Pacific, China dominates the market share followed by japan. Increasing awareness about waterborne diseases and their adverse health effects in the emerging economies such as India and China is propelling the regional market growth.
The market in North America accounted for a significant revenue share and is anticipated to continue to do so in the coming years.. Growing awareness adoption of water purification system to drink clean water is spurring the regional market growth. In North America, the US is the major contributor to the growth of the market owing to the presence of well-established water purifier manufacturers in the region.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Home Water Filtration Unit Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Home Water Filtration Unit Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Home Water Filtration Unit Market - Supply Chain
4.5. Global Home Water Filtration Unit Market Forecast
4.5.1. Home Water Filtration Unit Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Home Water Filtration Unit Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Home Water Filtration Unit Market Absolute $ Opportunity
5. Global Home Water Filtration Unit Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Home Water Filtration Unit Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Home Water Filtration Unit Demand Share Forecast, 2019-2026
6. North America Home Water Filtration Unit Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Home Water Filtration Unit Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Home Water Filtration Unit Demand Share Forecast, 2019-2026
7. Latin America Home Water Filtration Unit Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Home Water Filtration Unit Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Home Water Filtration Unit Demand Share Forecast, 2019-2026
8. Europe Home Water Filtration Unit Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Home Water Filtration Unit Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Home Water Filtration Unit Demand Share Forecast, 2019-2026
9. Asia Pacific Home Water Filtration Unit Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Home Water Filtration Unit Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Home Water Filtration Unit Demand Share Forecast, 2019-2026
10. Middle East & Africa Home Water Filtration Unit Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Home Water Filtration Unit Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Home Water Filtration Unit Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Home Water Filtration Unit Market: Market Share Analysis
11.2. Home Water Filtration Unit Distributors and Customers
11.3. Home Water Filtration Unit Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Best Water Technology Group,
11.4.2. Kent RO System Ltd
11.4.3. Brita Gmbh
11.4.4. Eureka Forbes Limited
11.4.5. Tata Chemicals
11.4.6. HaloSource Inc.
11.4.7. Panasonic
11.4.8. Amway Corporation
11.4.9. Aquasana
11.4.10. springWell Water Filter System
The home water filtration unit market has been segmented on the basis of
Products
- RO-based
- UV-based
- Others
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- Best Water Technology Group,
- Kent RO System Ltd
- Brita Gmbh
- Eureka Forbes Limited
- Tata Chemicals
- HaloSource Inc.
- Panasonic
- Amway Corporation
- Aquasana
- springWell Water Filter System
- Lenntech B.V.
- Eirsoft Water
- GE Water & Process Technologies Inc.
Major players of the market are Best Water Technology Group, Kent RO System Ltd, Brita Gmbh, Eureka Forbes Limited, Tata Chemicals, HaloSource Inc., Panasonic, Amway Corporation, Aquasana, springWell Water Filter System, Lenntech B.V., Eirsoft Water, and GE Water & Process Technologies Inc.
Companies are engaging in partnership, collaboration, and mergers. Moreover, the companies are focusing on expanding their product portfolio to expand their expand share.
In 2019, Kent RO Systems Ltd. announced plans to invest around USD 19 million in the next three years to develop a new manufacturing unit. The company is aiming to add an annual capacity of 0.4 million water filters through its third unit to double its revenue.
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