Pune, India, Aug. 23, 2023 (GLOBE NEWSWIRE) -- The United States water purifier market report was USD 6.12 billion in 2022 and is projected to grow from USD 6.44 billion in 2023 to USD 9.59 billion by 2030 at a CAGR of 5.9% during the 2023-2030 period. The population in the U.S. is turning to be more health-aware and has turned to consistent drinking habits to sustain the proper functioning of important systems. Pure water offers a range of benefits. This has propelled the demand for the establishment of purification systems in commercial and residential spaces.
This information is provided by Fortune Business Insights™ in its report, titled “United States Water Purifier Market, 2023-2030.”
Get a Sample Research Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/us-water-purifier-market-104696
List of Key Players Covered in the United States Water Purifier Market Report are:
- A. O. Smith Corporation (U.S.)
- Brita LP (U.S.)
- Omnipure Filter Company (U.S.)
- Helen of Troy (U.S.)
- APEC Water Systems (U.S.)
- Instapure Brands, Inc. (U.S.)
- Crystal Quest (U.S.)
- Pentair PLC (U.S.)
- Paragon Water Systems, Inc. (U.S.)
- Apex Water Filters, Inc. (U.S.)
- Pure-Pro Water Corporation (U.S.)
Report Scope & Segmentation:
| Report Attributes | Details |
| Forecast Period | 2023-2030 |
| Forecast CAGR | 5.9% |
| 2030 Value Projection | USD 9.59 Billion |
| Market Size in 2022 | USD 6.12 Billion |
| Historical Data | 2019-2021 |
| No. of Pages | 130 |
| Report Coverage | Revenue Forecast, Company Profiles, Competitive Landscape, Growth Factors and Latest Trends |
| Segments Covered |
|
| Regions Covered |
|
| Water Purifier Market Growth Drivers | Groundbreaking Product Presentations by Crucial Players to Spur Market Growth |
| Various Benefits of Water Purification Devices to Fuel Market Growth |
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/us-water-purifier-market-104696
Segmentation
Point-of-Use Filters to Exhibit Notable Traction Driven by Various Advantages Offered
Based on product type, the market is segmented into point-of-use filters and point-of-entry filters. The point-of-use filters segment accounting for a dominating share and is expected to lead the market over the forecast period. This is on account of a range of advantages such as space-saving designs and higher quality output.
RO Filters Segment Share to Depict Substantial Upsurge Owing to High Efficiency
On the basis of category, the U.S. market for water purifiers is segmented as RO filter, gravity filter, UV filter, and others. Of these, the RO filters segment held a majority share in the market and is touted to grow at a remarkable pace over the estimated period. The growth is due to rising popularity on account of potential to remove 99% of the contaminants.
Residential Application to Register Considerable Expansion Due to Higher Water Consumption
Based on application, the market is bifurcated as residential and commercial. The residential segment is expected to register substantial growth over the study period. The surge is driven by the rapid urbanization in the U.S.
Offline Stores to Exhibit Notable Growth Driven by Surging Consumer Preference
Based on distribution channels, the market is segmented into offline stores and online stores. The offline segment is anticipated to record appreciable growth over the forecast period. The expansion is driven by growing consumer inclination toward product purchases from offline stores.
COVID-19 Impact
Consumer Consciousness about Clean Drinking Water to Affirmatively Spur Market during COVID-19
The complete U.S. was not under strict lockdown guidelines amid the pandemic. However, various areas in this country had restrained the mobility of people and the transportation of materials. As the water purification industry is a labor-based one, the pandemic led to an adverse supply chain disturbance. As numerous companies import filters from Asian countries, an insufficiency of material coupled with an absence of manpower, owing to health problems, was observed across the country.
Report Coverage
The report offers a rounded review of the U.S. water purifier market share, size, and growth factors combined with present trends and upcoming predictions to inaugurate nearby investment gains. An extensive review of any impending prospects, pressures, rivals, or fueling factors is also mentioned in the report. The prime companies operating in the market have been acknowledged and their approaches to boost the market growth are disclosed in the report.
Get a Quote Now:
https://www.fortunebusinessinsights.com/enquiry/get-a-quote/us-water-purifier-market-104696
Driving Factors
The basic purpose of water purification products is to eradicate dangerous viruses, bacteria, and other impurities and make the water suitable for drinking as well as for other domestic applications. Contaminated water is a chief source of waterborne illnesses comprising cholera, typhoid, dysentery, and diarrhea. This is expected to bolster the U.S. water purifier market growth.
However, the industry expansion could be hampered by the higher maintenance cost associated with water purifiers.
Competitive Landscape
The chief players implement numerous tactics to bolster their position in the market as dominating companies. One such pivotal approach is procuring companies to boost brand value among users. Another effective tactic is intermittently launching inventive products with a methodical review of the market and its target audience.
Key Industry Development
September 2020: LARQ unveiled its groundbreaking pitcher installed with a UV light and plant-grounded filter. The company intended to offer suitable drinking water to the American population and reduce the plastic pollution triggered by using bottled water.
Speak to Our Expert:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/us-water-purifier-market-104696
Detailed Table of Content:
-
-
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Key Market Trends
- Latest Technological Advancements
- Key developments: Acquisition, Collaboration, Strategic Partnership, and Joint Venture
- Insights on Regulatory Scenario
- PORTER’s Five Forces Analysis
- COVID-19 Impact Analysis
- Supply Chain Challenges
- Steps Taken by Companies to combat COVID-19
- Potential Opportunities due to COVID-19 Outbreak
- U.S. Water Purifier Market Analysis, Insights and Forecast, 2019-2030
- Key Findings / Summary
- By Product Type (Value)
- Point-of-use Filters
- Under the counter filters
- Counter top filters
- Pitcher filters
- Faucet mounted filter
- Others
- Point-of-entry Filters
- Point-of-use Filters
- By Category (Value)
- RO Filters
- UV Filters
- Gravity Filters
- Others
- By Application (Value)
- Residential
- Commercial
- By Distribution Channel (Value)
- Offline Stores
- Online Stores
- Competitive Landscape
- Company Market Share Analysis 2022 (%)
- Company Profiles (Overview, Product Portfolio, Recent Developments, Strategies, Financials (Based on availability))
- A.O. Smith Corporation
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- Helen of Troy
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- Pentair PLC
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- Brita U.S.A.
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- OMNIPURE
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- Advanced Purification Engineering Corp.
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- Instapure Brands, Inc.
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- Crystal Quest
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- Paragon Water Systems, Inc.
- Overview,
- Product Portfolio,
- Recent Developments,
- Strategies,
- Financials (Based on availability)
- A.O. Smith Corporation
- Introduction
-
TOC Continued...!
Ask for Customization:
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Address:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower, Baner,
Mahalunge Road, Baner, Pune - 411045,
Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Follow Us: LinkedIn | Facebook | Twitter
Attachment
