Household Water Purifier Filter Market by Technology, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR44710
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The household water purifier filter market has the potential to grow by USD 1.52 billion during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 6.40%.

This household water purifier filter market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by technology (RO purification filters, gravity-based purification filters, and UV purification filters), geography (APAC, North America, Europe, South America, and MEA), and distribution channel (offline and online). The household water purifier filter market report also offers information on several market vendors, including 3M Co., Amway Corp., EcoWater Systems LLC, Haier Smart Home Co. LTD., Honeywell International Inc., KENT RO Systems Ltd., Panasonic Corp., Pentair Plc, Unilever Group, and Whirlpool Corp. among others.

What will the Household Water Purifier Filter Market Size be in 2021?

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Household Water Purifier Filter Market: Key Drivers and Trends

Based on our research output, there has been a negative impact on the market growth during and post COVID-19 era. The technological innovations for product differentiation is notably driving the household water purifier filter market growth, although factors such as the availability of packaged drinking water may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the household water purifier filter market industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

  • Technological innovations for product differentiation is a key driver boosting the household water purifier filter market growth.
  • The vendors in the market are focusing on product innovation and differentiation to gain greater market share and attract more consumers toward their brands. 
  • The vendors offer various water purification solutions and offerings to consumers.
  • Some of the notable innovations in water purification include nanotechnology and ceramic water filters.

 

  • Increase in waterborne diseases is another factor driving the household water purifier filter market growth.
  • Waterborne diseases like cholera, diarrhea, typhoid, lead poisoning, and intestinal worms are caused by contaminated drinking water.
  • Rising urbanization and industrialization have resulted in polluted water. Chemical and power plants worldwide release hazardous and toxic materials into ponds, rivers, lakes, reservoirs, and other water bodies.
  • The importance of water treatment solutions has increased in developing countries, which provides an opportunity to the vendors for developing water purifiers and filters.

 

This household water purifier filter market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Household Water Purifier Filter Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • 3M Co.
  • Amway Corp.
  • EcoWater Systems LLC
  • Haier Smart Home Co. LTD.
  • Honeywell International Inc.
  • KENT RO Systems Ltd.
  • Panasonic Corp.
  • Pentair Plc
  • Unilever Group
  • Whirlpool Corp.

 

This statistical study of the household water purifier filter market encompasses successful business strategies deployed by the key vendors. The household water purifier filter market is fragmented and the vendors are deploying growth strategies such as focusing on product quality and pricing strategy to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The household water purifier filter market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Household Water Purifier Filter Market?

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84% of the market’s growth will originate from APAC during the forecast period. China, India, Japan, and South Korea (Republic of Korea) are the key markets for household water purifier filter market in APAC. Market growth in this region will be slower than the growth of the market in MEA.

The growing incidence of waterborne diseases will facilitate the household water purifier filter market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Technology Segments in the Household Water Purifier Filter Market?

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The household water purifier filter market share growth by the RO purification filters segment will be significant during the forecast period. The growing urbanization in countries like India and China is expected to drive market growth in the coming future. The decline in the quality of supplied water, rise in health awareness among customers, increase in marketing campaigns and promotions on social media and other digital platforms, and the awareness of consuming safe drinking water are some crucial factors driving the growth of this segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the household water purifier filter market size and actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Household Water Purifier Filter Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive household water purifier filter market growth during the next five years
  • Precise estimation of the household water purifier filter market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the household water purifier filter market industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of household water purifier filter market vendors

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Household Water Purifier Filter Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 6%

Market growth 2021-2025

$ 1.52 billion

Market structure

Fragmented

YoY growth (%)

14.38

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 84%

Key consumer countries

China, India, Japan, US, and South Korea (Republic of Korea)

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., Amway Corp., EcoWater Systems LLC, Haier Smart Home Co. LTD., Honeywell International Inc., KENT RO Systems Ltd., Panasonic Corp., Pentair Plc, Unilever Group, and Whirlpool Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five forces analysis 2020 & 2025
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Technology

    • Market segments
    • Comparison by Technology
    • RO purification filters - Market size and forecast 2020-2025
    • Gravity-based purification filters - Market size and forecast 2020-2025
    • UV purification filters - Market size and forecast 2020-2025
    • Market opportunity by Technology

    Market Segmentation by Distribution channel

    • Market segments
    • Comparison by Distribution channel
    • Offline - Market size and forecast 2020-2025
    • Online - Market size and forecast 2020-2025
    • Market opportunity by Distribution channel

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 3M Co.
      • Amway Corp.
      • EcoWater Systems LLC
      • Haier Smart Home Co. LTD.
      • Honeywell International Inc.
      • KENT RO Systems Ltd.
      • Panasonic Corp.
      • Pentair Plc
      • Unilever Group
      • Whirlpool Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
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      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The household water purifier filter market growth will increase by $1729.20 million during 2019-2024.
      The household water purifier filter market is expected to grow at a CAGR of 7.93% during 2019-2024.
      Technavio has segmented the household water purifier filter market by technology (RO purification filters, Gravity-based purification filters, and UV purification filters) ,distribution channel (Offline and Online) , and geographic (APAC, North America, Europe, South America, and MEA).
      3M Co., Amway Corp., EcoWater Systems LLC, Haier Smart Home Co. Ltd., Honeywell International Inc., KENT RO Systems Ltd., Panasonic Corp., Pentair Plc, Unilever Group, Whirlpool Corp. are a few of the key vendors in the household water purifier filter market.
      APAC will register the highest growth rate of 75.53% among the other regions. Therefore, the household water purifier filter market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • India
      • Japan
      • US
      • South Korea (Republic of Korea)
      The key factors driving the household water purifier filter market growth are:
      • Technological innovations for product differentiation
      The household water purifier filter market vendors should focus on grabbing business opportunities from the ro purification filters segment as it accounted for the largest market share in the base year.
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