Lake Shore Gazette

Leading News Website

Residential  Water Treatment Equipment Market Sales Revenue to Cross US$ 100 Mn by 2032 End

The UV water purifier equipment category is predicted to represent more than 20% of the overall market in terms of value. However, the category is projected to account for less than 10% of the total Residential  Water Treatment Equipment Market in terms of volume. Over the projected period, the segment is anticipated to generate additional opportunity worth more than $100 Mn.

Request for Free Sample Copy@ https://www.persistencemarketresearch.com/samples/13675

The quality of naturally occurring water in South East Asia is declining as a result of extensive industrialization and widespread pesticide use. Numerous sources of water that supply thousands of local residents with drinking water are exhibiting unacceptable amounts of possibly harmful contaminants.

These toxins come from a number of places, such as nearby industries and wastewater disposal. The need for water purification is being driven by deteriorating water conditions in the area and a lack of trust in municipally supplied water or its absence.

Get up to 20% discount on Full Report Purchase @ https://www.persistencemarketresearch.com/checkout/13675

The Residential  Water Treatment Equipment Market segment in Indonesia was valued at more than US$ 32 Mn in 2015 and is projected to be valued at more than US$ 90 Mn by 2026. Revenue generated from this market is expected to increase at a CAGR of 9.9% over the forecast period. In terms of volume, unit sales of UV purifiers in Indonesia stood at more than 200 thousand units and is projected to reach more than 500 thousand units by 2026. Demand for standalone UV water purifiers has witnessed sluggish growth over the last five years.

This is mainly attributed to its inefficiency to purify metallic contaminants. As a result, companies are offering UV based water purifiers in conjugation with RO and gravity based water purifiers. The UV water purifier segment in Malaysia was valued at more than US$ 5 Mn in 2015 and is projected to be valued at more than US$ 10 Mn by 2026. Revenue generated from this market is expected to increase at a CAGR of 6.7% over the forecast period. Sales of standalone UV water purifiers in the country seemed pessimistic over the past 2 years.

Market segmentation:  (Residential  Water Treatment Equipment Market)

By Equipment Type

  • Purification Equipment
  • Reverse Osmosis
  • UV
  • Gravity/Media
  • Filtration Equipment
  • Faucet Filters
  • Others

By Countries

  • Indonesia
  • Vietnam
  • Malaysia
  • Singapore
  • Thailand
  • Philippines
  • Rest of South East Asia

Request For Customizationhttps://www.persistencemarketresearch.com/request-customization/13675

This is mainly attributed to its inefficiency to purify metallic contaminants. As a result, companies are offering UV based water purifiers in conjugation with RO and gravity based water purifiers. The UV water purifier segment in Malaysia was valued at more than US$ 5 Mn in 2015 and is projected to be valued at more than US$ 10 Mn by 2026. Revenue generated from this market is expected to increase at a CAGR of 6.7% over the forecast period. Sales of standalone UV water purifiers in the country seemed pessimistic over the past 2 years.

Sales of these equipment dropped by 1.5% between 2013 and 2015. This is mainly attributed to increased preference for gravity water purifiers over UV based water purifiers. For instance, Philips witnessed slowdown in sales of UV water purifiers during the same period in the country.

The UV water purifier segment is expected to create incremental opportunity of more than US$ 5 Mn in Malaysia between 2016 and 2026. In order to generate high ROI, companies need to run promotional campaigns to promote UV based water purifiers in the country.

About Us

Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

 

Contact Us

Persistence market research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com

Leave a Reply

Your email address will not be published. Required fields are marked *