The global water purifier market will grow to $67.3 Billion by 2027, US$ 38.1 Billion in 2021.
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The "Global Water Purifier Market, Size, Forecast 2022-2027, Industry Trends, Growth, Outlook, Impact of COVID-19, Opportunity Company Analysis" report has been added to ResearchAndMarkets.com's offering.
Based on distribution channels, the water purifier market is segmented into direct sales, retail stores, and online channels. The retail store's segment holds an effective water purifier market.
This was attributed to the higher relationship of customers toward physical stores, as they are perceived to be safe and allow buyers to try the product before purchase. Further, retail stores have the added advantage of immediate gratification, boosting water purifier popularity.
Geographically, the Asia Pacific water purifier market is currently witnessing robust growth.
The region comprises around 60% of the world's population, including China, Vietnam, Thailand, Indonesia, India, Philippines, and Macau as the emerging markets.
The global water purifier industry is highly competitive in the region. A water purifier removes organic and inorganic materials, undesired chemical compounds, and biological contaminants from water.
It uses distillation and deionization processes to reduce and protect the human body from harmful toxins and dangerous impurities, like chlorine, disinfection byproducts, and heavy metals like lead, mercury, and arsenic. Besides domestic applications, water purifiers are also used in the petroleum, chemical, food processing, and textile industries.
They are employed in various pharmacological, medical, chemical, and industrial applications where clean and potable water is required. ■
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