Asia-Pacific Water Purifier Market is forecasted to grow at 8.6% with factor such as rising demand of high quality of drinking water. Increase in concerns towards health and well-being among the population is boosting the growth of the market.
Water Purifier Market Scenario
According to Data Bridge Market Research, the market for water purifier market in China is dominating the market and the market leader is LG Electronics which accounts an estimated market share of approximately 15% to 20% in the Asia-Pacific region. The company has gained outstanding sales through their water purifier products which include WW173EPB, WW183EPR, WW152NP and others.
For instance,
- In April 2011, LG Electronics announced the launch of water purifier in Indian market. The company planned to launch a product with price at USD 550.70 and then expand into affordable prices segment. The company planned to target its competitors such as Tata's Swach and HUL's Pureit. The expansion of water purifiers in India increased the geographical reach of the company.
Trends Impacting the Market
Now the question is which other regions LG Electronics, Kent RO Systems Ltd. and Tata Chemicals Ltd. are targeting? Data Bridge Market Research has estimated a large growth in China water purifier market and the market leaders targeting Japan and Malaysia to be their next revenue pockets for 2021.
The water purifier market is becoming more competitive every year with companies LG Electronics, Kent RO Systems Ltd. and Tata Chemicals Ltd. as they are the market leaders for water purifier market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the water purifier market.
For more analysis on the water purifier market request for a briefing with our analysts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=asia-pacific-water-purifier-market
Water Purifier Market Development in 2020
- In December 2020, Pentair announced the launch of the FreshPoint Easy Flow under Counter Filtration System. The system does not require a separate faucet and provides filtered water straight from the existing tap. The new product is easy to install. The new product increased the product portfolio of the company.
Scope of the Water Purifier Market
Asia-Pacific water purifier market is segmented on the basis of countries into China, Japan, India, South Korea, Australia, Indonesia, Singapore, Thailand, Malaysia, Philippines and Rest of Asia-Pacific.
All country based analysis of Water Purifier market is analyzed based on further segmentation. On the basis of technology, Asia-Pacific water purifier market has been segmented into reverse osmosis, UF purification, UV purification, sediment filter, gravity purifier, water softener, multi-stage purifiers and others. On the basis of installation type, Asia-Pacific water purifier market has been segmented into point of use systems and point of entry systems. On the basis of filter type, Asia-Pacific water purifier market has been segmented into mechanical filters, absorption filters, ion exchange filters, reverse osmosis filters and sequestration filters. On the basis of portability, Asia-Pacific water purifier market has been segmented into portable water purifiers and non-portable water purifiers. On the basis of distribution channel, Asia-Pacific water purifier market has been segmented into offline and online. On the basis of application, Asia-Pacific water purifier market has been segmented into residential, corporate/commercial and hotels, restaurants & cafes (HORECA)
To know more about this study: https://www.databridgemarketresearch.com/reports/asia-pacific-water-purifier-market
Key Pointers Covered in Water Purifier Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Market Key Vendors and Disruptors Study
Key Market Competitors Covered in the Report
- Unilever
- COWAY CO.,LTD.
- Pentair
- 3M
- Mitsubishi Chemical Cleansui Corporation (a brand of Mitsubishi Chemical Corporation)
- TORAY INDUSTRIES, INC.
- Koninklijke Philips N.V.
- Kent RO Systems Ltd
- Shenzhen Angel Drinking Water Equipment Co.
- Culligan
- Midea Group
- A. O. Smith
- LG Electronics
- Tata Chemicals Ltd.
- Whirlpool Corporation
- Xiaomi
- Brita LP
- Panasonic Corporation
Above are the key players covered in the report, to know about more and exhaustive list of water purifier companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=asia-pacific-water-purifier-market
Research Methodology: Asia-Pacific Water Purifier Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Product Managers, Financial Institutions, Water Purifier Consultants
- Supply Side: Service Providers, Product Managers, Product Designer, Marketing Managers, C-Level Executives, Market Intelligence, and Regulatory Affairs Managers among others.
Related Reports
- Global RO Water Purifier Market - Industry Trends and Forecast to 2027
- Global Residential Water Purifier Market - Industry Trends and Forecast to 2028
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