India Water Purifier Market Report 2023:
Rising Awareness of Waterborne Diseases Fuels Growth – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “India Water Purifier Market | Trends, Value, Revenue, Outlook, Forecast, Size, Analysis, Growth, Industry, Share, Segmentation & COVID-19 IMPACT: Market Forecast By Type, By Category, By Application And Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.
India Water Purifier Market report comprehensively covers the market by types, sales channel, and regions. India water purifier market report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Water Purifier Market Synopsis
India water purifier market witnessed market growth in the period 2018-20 on account of rising awareness regarding waterborne diseases and water pollution. Growing waterborne infections and life losses because of drinking contaminated water have significantly boosted the country’s market for water purifiers.
Also, government authorities’ focused efforts to provide household access to safe water and their ongoing infrastructural expansion has grown water purifier market in India. During 2021, Water Purifier market slowed down during the initial three months of 2020 due to Covid-19 pandemic which had an impact following the halt of production due to which the cost of water purifiers growing along with component and transportation costs.
The market recovered significantly in second half of 2020, on the back of easing mobility restrictions and increasing production as manufacturing units resumed their normal functioning. Leading businesses, like Eureka Forbes, introduced purifiers with the goodness of seven Ayurvedic ingredients loaded with herbs and spices, including cinnamon, black pepper, and others, which increased consumer awareness of the importance of drinking water that is both healthy and delicious, further driving the market for water purifiers upward.
According to the publisher, India Water Purifier Market size is projected to grow at a CAGR of 14.7% during 2022-2028. The market would continue to climb up with growing office project projects as well as increasing home sales in cities like Mumbai, Pune, Delhi, and Bengaluru, the India water purifier is anticipated to experience growth during the forecast period. Additionally, rising water pollution and waterborne diseases respectively, which would also contribute to increase in demand for water purifiers in the forecast period. Moreover, as per media reports, additional 25 million units of affordable housing would be required by 2030 to meet country’s growing urban population, which would contribute to increase in demand for water purifiers.
Market by Types
Among the technology types, RO + UV witnessed significant market growth owing to rising awareness about the effects of contaminated surface water which result in increasing customer demand for technology-based water purifiers. Additionally, economic development in the country driven by rising residential sector and increase in nuclear families, rapid urbanization, and household income which further expected to fuel the demand for RO + UV water purifier from residential sector in the coming years.
Market by Region
Among the Region, Western region witnessed significant market growth due to presence of states most affected by water scarcity such as Rajasthan, Gujarat and rising awareness regarding water-borne diseases and their adverse health effects drive consumption and increase demand for water purifier in the region.
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
- RO + UV
- Gravity Filter
- Others (100% RO, UV + UF)
By Sales Channel
Key Topics Covered:
1. Executive Summary
3. India Water Purifier Market Overview
4. Impact Analysis of Covid-19 on India Water Purifier Market
5. India Water Purifier Market Dynamics
6. India Water Purifier Market Trends
7. India Water Purifier Market Overview, By Types
8. India Water Purifier Price Band Analysis
9. India Water Purifier Market Overview, By Sales channel
10. India Water Purifier Market Overview, by Regions
11. India Water Purifier Market Key Performance Indicators
12. India Water Purifier Market Opportunity Assessment
13. India Water Purifier Market – Competitive Landscape
14. Company Profiles
15. Key Strategic Recommendations
- Eureka Forbes Ltd
- Hindustan Unilever Ltd
- Kent RO Systems Ltd
- Blue Star Ltd
- LG Electronics India Pvt. Ltd.
- Livpure Pvt. Ltd.
- A.O. Smith India Water Products Pvt. Ltd.
- V Guard Ind. Ltd.
- Faber India Pvt. Ltd.
- Havells India Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/fyt3j2
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