Household Water Softener System Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR43664
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The household water softener system market has the potential to grow by $ 590.60 mn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 8%.

This household water softener system 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 segmentations by Product (Ion-exchange and Salt-free), Distribution Channel (Offline and Online), and Geography (North America, Europe, APAC, MEA, and South America). The household water softener system market report also offers information on several market vendors, including 3M Co., A. O. Smith Corp., Culligan International Co., EcoWater Systems LLC, General Electric Co., Haier Smart Home Co. LTD., Honeywell International Inc., Kinetico Inc., Pentair Plc, and Whirlpool Corp. among others.

What will the Household Water Softener System Market Size be in 2021?

Household-Water-Softener-System-Market-Market-Size-2020-2025

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Household Water Softener System 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 innovation leading to product premiumization is notably driving the household water softener system market growth, although factors such as high price sensitivity of consumers 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 softener system market industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This household water softener system 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 Softener System Market Vendors?

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

  • 3M Co.
  • A. O. Smith Corp.
  • Culligan International Co.
  • EcoWater Systems LLC
  • General Electric Co.
  • Haier Smart Home Co. LTD.
  • Honeywell International Inc.
  • Kinetico Inc.
  • Pentair Plc
  • Whirlpool Corp.

The vendor landscape of the household water softener system market entails successful business strategies deployed by the vendors. The household water softener system market is fragmented and the vendors are deploying various organic and inorganic growth strategies 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.

Download a free sample of the household water softener system market forecast report for insights on complete 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 Softener System Market?

Household-Water-Softener-System-Market-Market-Share-by-Region-2020-2025

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31% of the market’s growth will originate from North America during the forecast period. US, Germany, UK, Japan, and France are the key markets for household water softener system market in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. harmful effects of hard water will facilitate the household water softener system market growth in North America over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Product Segments in the Household Water Softener System Market?

Household-Water-Softener-System-Market-Market-Share-by-Product-2020-2025

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The household water softener system market share growth by the __ segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the household water softener system market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Household Water Softener System Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2021-2025

$ 590.60 million

Market structure

Fragmented

YoY growth (%)

8.08

Regional analysis

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

Performing market contribution

North America at 31%

Key consumer countries

US, Germany, UK, Japan, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

3M Co., A. O. Smith Corp., Culligan International Co., EcoWater Systems LLC, General Electric Co., Haier Smart Home Co. LTD., Honeywell International Inc., Kinetico Inc., Pentair Plc, 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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What are the Key Factors Covered in this Household Water Softener System Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive household water softener system market growth during the next five years
  • Precise estimation of the household water softener system 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 softener system market across North America, Europe, APAC, MEA, and South America 
  • 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 softener system market vendors

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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 summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • Ion-exchange - Market size and forecast 2020-2025
    • Salt-free - Market size and forecast 2020-2025
    • Market opportunity by Product

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

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption
      • Competitive scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • 3M Co.
      • A. O. Smith Corp.
      • Culligan International Co.
      • EcoWater Systems LLC
      • General Electric Co.
      • Haier Smart Home Co. LTD.
      • Honeywell International Inc.
      • Kinetico Inc.
      • Pentair Plc
      • 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
      Technavio

      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
      Technavio

      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 softener system market growth will increase by $1417.15 million during 2019-2024.
      The household water softener system market is expected to grow at a CAGR of 7.46% during 2019-2024.
      Technavio has segmented the household water softener system market by product (Ion-exchange and Salt-free) and geographic (North America, Europe, APAC, MEA, and South America).
      3M Co., A. O. Smith Corp., Culligan International Co., EcoWater Systems LLC, General Electric Co., Qingdao Haier Co. Ltd., Honeywell International Inc., Kinetico Inc., Pentair Plc, Whirlpool Corp. are a few of the key vendors in the household water softener system market.
      North America will register the highest growth rate of 34.58% among the other regions. Therefore, the household water softener system market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the household water softener system market growth are:
      • Technological innovation leading to product premiumization
      • Rising adoption of home automation to supplement wi-fi enabled water softener systems
      The household water softener system market vendors should focus on grabbing business opportunities from the ion-exchange segment as it accounted for the largest market share in the base year.
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