MarkNtel Advisors recently published a detailed industry analysis of the India Water Purifier Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
India Water Purifier Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The India Water Purifier Market size was valued at around USD 2.2 billion in 2023 and is projected to grow at a CAGR of around 14.8% during the forecast period, i.e., 2024-30.
Key Findings in India Water Purifier Market:
- Historical Analysis: 2019–2022
- Base Year: 2023
- Forecast Period: 2024–2030
Leading Market Players- Eureka Forbes, Kent RO Systems, Hindustan Unilever Limited, Tata Chemicals Limited, Ion Exchange, Blue Star, A.O. Smith Corporation, Livpure, LG, Nasaka, etc.
Key Highlights of the Report
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
What are the major Driver the India Water Purifier industry?
Rising Health Risk from Contaminated Water Driving Market Growth – The rising diseases due to contaminated water present growth opportunities for the market players in the Indian market. As the population density increases rapidly, poor sanitation and inadequate waste management worsen the risk of water contamination and increase waterborne diseases such as cholera, dysentery, and typhoid. To seek effective solutions for maintaining good health drives the demand for water purifiers in the Indian market because these water purifiers offer the safest means to remove harmful microorganisms and contaminants to keep consumers healthy.
Additionally, consumers are becoming more aware of the impact of poor water quality on their health, forcing both individual households and institutions to invest in advanced filtration technologies. The demand for water purifiers also increased because of government healthcare initiatives like promoting the risk associated with contaminated water and the effective use of water purifiers. All these combined factors make the water purifiers a critical need for consumers' health, which ultimately boosts the size & volume of the water purifier industry in India. For instance,
- The WASH (water, sanitation, and hygiene) scheme by UNICEF, currently is running in India to improve individuals' health and living standards. The government of India is also running the Jal Jeevan Mission, which aims to provide a clean drinking water supply through taps to all the houses in the country by 2024.
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What segments define the India Water Purifier Market from 2024 to 2030? How do these segments contribute to market dynamics and growth?
By Technology
- Reverse Osmosis (RO)
- Ultraviolet (UV)
- Gravity Based
- Others (Water Softener, Sediment Filter)
According to report, Of them all, the Reverse Osmosis (RO) segment is currently dominating the water purifier market and is also anticipated to dominate the market with the largest share during the forecast period.
By End User
- Residential
- Commercial
According to report, Here, the residential sector is presenting the fastest revenue growth.
By Portability
- Non Portable
- Portable
By Capacity
- 5 ltr- 8 ltr
- Above 8 ltr
By Sales Channel
- Direct Sales
- Online
- Retail
Explore the Complete India Water Purifier Market Analysis Report – https://www.marknteladvisors.com/research-library/india-water-purifier-market.html
Geographical Analysis: India Water Purifier Market
By Region
- North
- South
- East
- West
India Water Purifier Industry Recent Development:
- January 2024: Kent RO Systems launched the ‘HealtHzero’ subscription model for affordable water purification, targeting budget-conscious consumers, especially in rural and semi-urban markets.
- December 2023: Eureka Forbes, a leading water purifier player, has partnered with Tata Sky, to launch a subscription service for its AquaSure range of RO purifiers. This service leverages Tata Sky’s AI capabilities to remotely monitor purifier performance and offer proactive maintenance through an app.
Key Questions Addressed in This Study
- What are the primary factors driving the growth of the India Water Purifier Market?
- How is the India Water Purifier Market expected to evolve over the next five years?
- What key insights can be drawn from current trends shaping the market?
- What is the current market size, and how is it forecasted to change in the coming years?
- What is the future outlook for the market in terms of technological innovation and geographic expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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