Quick Summary:
The Point of Use Water Treatment Systems market is on a trajectory of significant growth, presenting an opportunity that no forward-thinking business executive should overlook. The industry, currently estimated at US$21.8 billion, is expected to explode to an impressive US$37.5 billion by 2030. The change in our global landscape due to the increasing demands of the pandemic recovery period has prompted a surge in interest for Point of Use Water Treatment Systems.
From Countertop Units to Under the Sink Filters, each segment within this market is also projected to see considerable growth. On a geographic scale, the opportunities extend across continents from the U.S to China, extending even to Japan, Canada and Germany. Key competitors such as LG Electronics, Unilever, Panasonic Corporation among others prove further the market's dynamism and potential for high returns on investment. Jump into the wave of growth with our market report, designed to offer you the detailed insights you need to create strategies that win.
Global Point of Use Water Treatment Systems Market to Reach $37.5 Billion by 2030
The global market for Point of Use Water Treatment Systems estimated at US$21.8 Billion in the year 2022, is projected to reach a revised size of US$37.5 Billion by 2030, growing at a CAGR of 7% over the analysis period 2022-2030. Countertop Units, one of the segments analyzed in the report, is projected to record 8.6% CAGR and reach US$17.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Under the Sink Filters segment is readjusted to a revised 7.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $5.9 Billion, While China is Forecast to Grow at 12.8% CAGR
The Point of Use Water Treatment Systems market in the U.S. is estimated at US$5.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$9.6 Billion by the year 2030 trailing a CAGR of 12.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.7% and 5.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.Select Competitors (Total 38 Featured) -
- 3M
- A.O. Smith
- Alticor
- Amway
- BRITA Group
- BWT
- Coway
- Culligan International
- EcoWater systems
- Honeywell International
- LG Electronics
- Panasonic Corporation
- Pentair
- Philips
- Toray Industries
- Unilever
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its 'bumpy' reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Point of Use Water Treatment Systems?
What is the growth rate of the Global Market for Point of Use Water Treatment Systems?
What is the forecasted size of the Global Market for Point of Use Water Treatment Systems?
Who are the key companies in the Global Market for Point of Use Water Treatment Systems?
| Report Attribute | Details |
|---|---|
| No. of Pages | 91 |
| Published | October 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 21.8 Billion |
| Forecasted Market Value ( USD | $ 37.5 Billion |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M
- A.O. Smith
- Alticor
- Amway
- BRITA Group
- BWT
- Coway
- Culligan International
- EcoWater systems
- Honeywell International
- LG Electronics
- Panasonic Corporation
- Pentair
- Philips
- Toray Industries
- Unilever
