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The residential water purifier market size is forecast to increase by USD 13.43 billion at a CAGR of 10.35% between 2023 and 2028. The market is driven by the growing concern for clean drinking water due to increasing water quality issues. With the rise in heavy metal contamination from sources such as Chromium (Cr), Mercury (Hg), Manganese (Mn), Nickel (Ni), Cadmium (Cd), Zinc (Zn), Copper (Cu), and Lead (Pb), there is a significant demand for water purifiers that can effectively remove these impurities. Another trend in the market is the focus on water recycling and reuse, which is expected to gain momentum in the coming years.
Product innovations with a focus on technological advancements, such as reverse osmosis, UV filtration, and TDS control, are also contributing to market growth. Additionally, the easy availability of packaged drinking water is a major factor fueling the market's expansion. Overall, the market is poised for strong growth due to these key trends and challenges.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by Distribution Channel
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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