UAE Water Treatment Systems Market to Grow at a CAGR of 6.7% through 2028
Published | 06 July 2022
UAE Water Treatment Systems Market is flourishing because the UAE is a growing economy with a rapidly growing population along with the growing demand for fresh water for drinking and residential purposes…
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the UAE Water Treatment Systems Market is projected to grow at a CAGR of 6.7% until 2028. The UAE Water Treatment Systems Market is booming because of the increasing population and pollution levels, there is a greater demand for potable water. Also, a growing population means more drinking water consumption, which must be treated before being packaged in bottles for public consumption. Moreover, increasing health awareness in most regions is expected to drive up overall market demand for this segment during the forecasted period. Furthermore, UAE Water Treatment Systems Market is one of the most emerging markets that grow continuously owing to the fast integration of new technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), cloud computing, and others. However, the installation of these water treatment systems is expensive, which in turn, may act as a huge restraining factor for the market growth.
Greater Focus on Preventing Food or Drink Contamination
Contamination is a serious issue in the food and beverage business. Government and regulatory bodies are putting in place tight regulations to reduce contamination in the production of food and beverages. As a result, more people are using water treatment systems. Dairy processing businesses, for instance, worry about contamination since bacteria and other microbes can contaminate milk. Reverse osmosis, UV disinfection, and other processes are frequently employed in the food and beverage sector. By removing harmful organisms and impurities, water treatment systems in the food and beverage sector assist in disinfecting and sterilizing water. The demand for water treatment is increasing as a result of the purity, safety, and quality of water.
Rising Industrialization and Population in the Country
In many end-use sectors where water treatment technology is utilized to provide clean and drinkable water, the demand for chemically treated water has increased as a result of rising population and industrialization. This might be one of the main factors boosting the market for water treatment technology. The region's water quality has also declined as a result of extensive industrialization, leading to a shortage of freshwater resources, which has forced governments to place a greater emphasis on water treatment technology for the creation of clean and usable water. This will encourage the market for water treatment technology to expand throughout the projected period. These factors all contribute to the Europe Treatment Systems Market's growth throughout the anticipated period (2022-2028).
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Challenge: High Cost of Maintainenece and Installation
The UAE Water Treatment Systems Market is anticipated to have slow growth due to the high cost of water purification equipment, notably the RO and UV processes. Installing a RO or UV water filter system is expensive. The full home application process is pricey and needs qualified personnel to adhere to the rules. Market expansion is anticipated to be constrained by the product's restricted use due to the region's water shortage. Additionally, certain point-of-use water purification systems are expensive to operate and maintain. For instance, distillation systems consume a lot of energy for both cooling and heating. The market for household water treatment equipment is also anticipated to experience slow growth due to a lack of product availability because the sector is still mostly untapped. These reasons collectively prevent the Europe Water Treatment Systems Market from expanding.
Segmental Coverage
The UAE Water Treatment Systems Market is divided into two categories, Point of Entry and Point of Use (Tabletop pitchers, Faucet-mounted filters, Under-the-sink filters, Countertop units, and Others). Because point-of-use (PoU) systems are easy to use, install, and take up minimal space, this segment accounts for the larger share of the market. As their name suggests, under-the-sink systems are fitted beneath the sink or countertop in the kitchen, bathroom, and other areas of the house, as well as in commercial kitchens and hotel rooms. The solution makes everyday use more convenient because it is directly connected to the water input and frequently comprises both a tank and a dedicated faucet. Additionally, the counter-top unit section is anticipated to dominate the market share. This is because these filters are placed on the countertop and are connected to the faucet directly. Users can choose between unfiltered and filtered water using a diverter that is provided.
Impact of COVID-19 on UAE Water Treatment Systems Market
During the COVID-19 epidemic, people are increasingly worried about their health and are taking additional safety measures. The need for water treatment systems in the residential sector has also expanded as a result of the culture of working from home. However, the main barrier to the market's expansion is the high cost of installation, equipment, and operation. The total market for water treatment systems is growing as a result of growing consumer demand for high-quality drinking water, growing health concerns, and more customers having access to point-of-use equipment through retail channels. In reaction to strict government restrictions put forth by several countries, businesses are concentrating on producing environmentally friendly water treatment technologies.
Competitive Landscape
The leading market players in the UAE Water Treatment Systems Market are AL KAFAAH, Al Rafedain Water Treatment LLC, Utico FZC, Excellent Solutions Water Equipment Trading, Arabian Water FZE, Air Well Technologies, Water Master Water Equipment LLC, Emvees Wastewater Treatment LLC, and NuTec Overseas. The UAE Water Treatment Systems Market is highly fragmented with the presence of several manufacturing companies in the country. The market leaders retain their supremacy by spending on research and development, incorporating cutting-edge technology into their goods, and releasing upgraded items for customers. Various tactics, including strategic alliances, agreements, mergers, and partnerships, are used.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the UAE Water Treatment Systems Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the UAE Water Treatment Systems Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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