MarketResearchNest.com adds “Global Household Water Purifier Filter Market 2017-2021” new report to its research database. The report spread across 79 pages with table and figures in it.
Research analysts forecast the global household water purifier filter market to grow at a CAGR of 24.42% during the period 2017-2021.
About Household Water Purifier Filter
A water purifier filter is a filtration device that removes unwanted impurities, chemicals, suspended solids, and contaminants from contaminated water to provide pure and drinkable water. This can be done through different types of products such as water purifiers, water purifier filters, and other filtration systems. Water purifier filters also have a short life cycle for which new installation of water purifier filters is required. This helps in driving market growth.
Covered in this report
The report covers the present scenario and the growth prospects of the global household water purifier filter market for 2017-2021. To calculate the market size, the report considers value sales of household water purifier filters.
Browse full table of contents and data tables at https://www.marketresearchnest.com/global-household-water-purifier-filter-market-2017-2021.html
The market is divided into the following segments based on geography:
Technavio’s report, Global Household Water Purifier Filter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
“Technavio Announces the Publication of its Research Report – Global Household Water Purifier Filter Market 2017-2021
Technavio recognizes the following companies as the key players in the global household water purifier filter market: 3M, Haier, Honeywell International, Pentair, and Whirlpool.
Other Prominent Vendors in the market are: Amway, Aqua Fresh RO, Aquaphor, Brita, Coway, Culligan, EcoWater Systems, Eureka Forbes, Hindustan Unilever Limited, Hyflux, KENT RO Systems, Koninklijke Philips, Litree Enterprise, Midea Group, Panasonic, and Tata Chemicals.
Commenting on the report, an analyst from Research team said: “One trend in the market is growth in online sales and omnichannel retailing. Rapid urbanization and growing internet penetration worldwide have resulted in the growth of online sales. The purchasing pattern of customers is changing as they do rigorous research online and compare a variety of water purifier filters. The online platform helps consumers compare features, benefits, and prices of distinct brands.”
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According to the report, one driver in the market is technological innovations for product differentiation. The vendors in the market are focusing on product innovation and differentiation to gain greater market share and attract more consumers toward their brands. They offer various water purification solutions and offerings to the consumers. Different filter membranes are used for advanced filtration. Some of the notable innovations in water purification include nanotechnology and ceramic water filters. For instance, researchers from the Indian Institute of Technology, Madras have discovered a water purification system using nanotechnology.
Further, the report states that one challenge in the market is availability of packaged drinking water. Packaged drinking water is gaining popularity among customers due to easy availability and low price. Bisleri, PepsiCo, and The Coca-Cola Company are some of the popular companies that provide packaged drinking water. Customers also use packaged drinking water as a substitute for water purifiers. Growing penetration of packaged drinking water among customers will lower the sales of water purifiers and filters. Companies provide packaged drinking water in different quantities such as 5 liters and 20 liters.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;
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Mr. Jeet Jain