United States Water Purifiers Market
United States Water Purifiers Market Size Set to Grow at Steady CAGR of 5.8% to Reach USD 9 Billion by 2029
Published | 09 August 2023
United States water purifiers market is flourishing due to increasing water pollution and scarcity, rising awareness about waterborne diseases, improved standards of living, and the need for safe drinking water are contributing to the growing demand for water purifiers in the country.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated United States water purifiers market size at USD 6 billion in 2022. During the forecast period between 2023 and 2029, United States water purifiers market size is to grow at a robust CAGR of 5.8% reaching a value of USD 9 billion by 2029. A major driver driving the growth of the US water purifier market is consumer awareness of the need for clean and safe drinking water, which has increased demand for water purifiers. Individuals and households are actively seeking methods to safeguard the quality of their water as concerns about water contamination grow. Water purifiers with several filtering stages, UV sterilization, and smart functions are becoming more popular. The growing emphasis on sustainability has also increased the appeal of environmentally friendly and energy-efficient water purifiers. Overall, the ease of use of countertops and portable water purifiers has acquired popularity among city inhabitants and outdoor lovers. Overall, the demand for water purifiers in the United States is increasing.
United States Water Purifiers Market – Overview
A water purifier is a device designed to eliminate impurities and contaminants from water, making it safe for consumption and other purposes. It utilizes various filtration methods, such as activated carbon, reverse osmosis, ultraviolet sterilization, or a combination of these techniques to remove pollutants like bacteria, viruses, sediment, chlorine, heavy metals, and organic compounds. Purified water is typically free from odor, taste, and visible particles, ensuring better quality and safety. Water purifiers are available in different forms, including countertops, under-sink, or portable units, catering to diverse needs. They play a crucial role in providing clean and healthy drinking water, promoting overall well-being.
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Impact of COVID-19 on United States Water Purifiers Market
The United States water purifier market experienced a significant impact due to the COVID-19 pandemic. With heightened awareness about personal health and hygiene, consumers increasingly sought reliable and clean water sources. Thus, the market witnessed a surge in demand for water purifiers across residential, commercial, and industrial sectors. The pandemic acted as a catalyst, prompting households and businesses to prioritize safe drinking water, leading to increased adoption of advanced filtration technologies. Manufacturers responded by introducing innovative products that met the growing requirements. This shift in consumer behavior and the urgent need for clean water propelled the United States water purifier market to new heights, fostering a resilient and expanding industry.
United States Water Purifiers Market – By End User
Based on end user, United States water purifiers market is divided into Commercial and Residential segments. Residential is a larger end-suer segment. This indicates that the demand for water purifiers is higher among individual households compared to commercial establishments. The residential segment encompasses a wide range of consumers, including homeowners and renters who prioritize clean and safe drinking water. Growing health consciousness, water quality concerns, and the desire for convenience contribute to the significant market size of the residential segment. Manufacturers and suppliers in the water purifier industry cater to this large consumer base by offering various products and technologies tailored to residential needs.
Competitive Landscape
United States water purifiers market is fiercely competitive. Major companies in the market include A.O. Smith Corporation, Culligan International Company, Aquasana, Inc., Whirlpool Corporation, GE Appliances, EcoWater Systems LLC, 3M Purification Inc., Watts Water Technologies, Inc., APEC Water System, and Paragon Water. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in United States water purifiers market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of United States Water Purifiers Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in United States Water Purifiers 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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Publish Date: August 2023
Expanding awareness of water pollution and its effects on health, demand for clean, safe drinking water, and improvements in water purification methods and products are propelling the growth of United States Water Purifiers Market during the forecast period between 2023 and 2029.
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