India Residential Water Purifier Market: In-Depth Analysis and Forecasts for 2024-2030
MarkNtel Advisors, a leading market research firm, has showed its latest study titled "India Residential Water Purifier Market", offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the India Residential Water Purifier Market: 2024-2030
The India Residential Water Purifier Market size is estimated to grow at a CAGR of around 16.34% during the forecast period, i.e., 2024-30. In India, less than 50% of the population has access to safe drinking water, and there is a concerning prevalence of individuals falling severely ill or losing their lives due to waterborne diseases. Hence, this has led to rising health concerns and awareness amongst consumers toward the usage of purified water.
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What are the primary factors driving the growth of the India Residential Water Purifier Market?
Increasing Concern About Water-Borne Diseases Driving the Adoption of Water Purifiers – The rise in water-borne diseases, such as cholera, typhoid, dysentery, and gastroenteritis, has heightened health concerns among the population. Contaminated water sources are a primary vector for these diseases, prompting individuals to seek reliable methods to purify their drinking water. This contributed to the adoption of water purifiers in historical periods. Water purifiers are designed to eliminate or reduce the concentration of disease-causing microorganisms such as bacteria, viruses, and parasites. Further, increasing industrial discharge, improper sewage disposal, and agriculture runoff contribute to the growing contamination of water sources in the country. Consequently, there is a rising incidence of water-borne diseases in the country.
As per the United Nations Educational, Scientific, and Cultural Organization (UNESCO) report in 2023, approximately 37.7 million Indians are affected by water-borne diseases annually, with approximately 1.5 million children dying of diarrhea. This has heightened consumer concerns about the safety of drinking water, fostering the widespread adoption of water purifiers in households.
Furthermore, growing efforts by government agencies, non-profit organizations, and health campaigns are increasing public awareness regarding the link between contaminated water and waterborne diseases. These awareness campaigns increasingly educate individuals about the importance of purifying water before consumption, which would lead to higher adoption of water purifiers in the coming years.
India Residential Water Purifier Market Segmentation:
The India Residential Water Purifier market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Technology
- Reverse Osmosis (RO)- Market Size & Forecast 2019-2030, USD Million & Thousand Units
- Ultraviolet (UV)- Market Size & Forecast 2019-2030, USD Million & Thousand Units
- Gravity Based- Market Size & Forecast 2019-2030, USD Million & Thousand Units
- Others (Ultrafiltration (UF), RO+UV+UF, etc.)- Market Size & Forecast 2019-2030, USD Million & Thousand Units
By Portability
- Non-Portable- Market Size & Forecast 2019-2030, USD Million & Thousand Units
- Portable- Market Size & Forecast 2019-2030, USD Million & Thousand Units
By Capacity
- Up to 6L- Market Size & Forecast 2019-2030, USD Million & Thousand Units
- Above 6L- Market Size & Forecast 2019-2030, USD Million & Thousand Units
By Sales Channel
- Direct Sales- Market Size & Forecast 2019-2030, USD Million & Thousand Units
- Retail- Market Size & Forecast 2019-2030, USD Million & Thousand Units
- Online- Market Size & Forecast 2019-2030, USD Million & Thousand Units
Geographical Analysis into the India Residential Water Purifier Market:
The India Residential Water Purifier market is categorized based regional:
- North
- South
- East
- West
- Central
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Competitive Landscape and India Residential Water Purifier Market Share Analysis:
The competitive landscape of the India Residential Water Purifier Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
- Eureka Forbes Limited
- Kent RO Systems Limited
- Hindustan Unilever Limited
- Whirlpool of India
- Ion Exchange (India) Ltd. (Zero B)
- Blue Star Limited
- Livepure Smart Homes Private Limited
- LG Electronics
- O. Smith India Water Products Pvt. Ltd.
- UrbanClap Technologies India Pvt. Ltd.
- Panasonic India Pvt. Ltd.
- Bepure
- Kinsco
- Others
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Questions Addressed in this Study
- What factors are driving the India Residential Water Purifier Market growth?
- How is the India Residential Water Purifier Market expected to grow over the next five years?
- What are the key insights into the current trends in the India Residential Water Purifier Market?
- What is the current size of the India Residential Water Purifier Market, and how is it projected to change in the future?
- What is the future outlook for the India Residential Water Purifier Market in terms of technological advancements and market expansion?
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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more 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 14.8 diverse industrial verticals.
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