According to the research report, the global home water filtration market was estimated at USD 11.50 billion in 2022 and is expected to reach USD 30.97 billion by 2032, to grow at a CAGR of 10.4% during the forecast period.
Market Overview:
The home water filtration market has become an essential segment of the global water treatment industry, driven by increasing concerns about water quality and health. Home water filtration systems are designed to remove impurities, contaminants, and harmful substances from tap water, ensuring clean and safe drinking water for households. These systems range from simple pitcher filters to advanced multi-stage filtration systems, catering to diverse consumer needs and budgets.
As water contamination issues and awareness about waterborne diseases rise, the demand for reliable and efficient water filtration solutions continues to grow. The market is further boosted by technological advancements, offering smart filtration systems with enhanced efficiency, durability, and user-friendly features.
Market’s Growth Drivers:
Several factors are driving the growth of the home water filtration market:
- Rising Awareness About Waterborne Diseases: Increasing awareness of the health risks associated with contaminated water has led to greater adoption of water filtration systems in households.
- Growing Urbanization and Population Growth: Expanding urban areas and rising populations are increasing the demand for clean drinking water, fueling the need for filtration solutions.
- Concerns About Tap Water Quality: Reports of pollutants such as heavy metals, microplastics, and chemical residues in tap water have raised consumer concerns, boosting the demand for home water filters.
- Environmental Awareness: Consumers are shifting from bottled water to home filtration systems to reduce plastic waste, aligning with global sustainability goals.
- Technological Advancements: Innovations in filtration technology, such as reverse osmosis (RO), UV filtration, and smart filtration systems, are driving the market forward.
Major Key Players:
- SUEZ Water Technologies
- Tata Chemicals
- Amway Corporation
- Halo Source
- KENT RO Systems
- Eureka Forbes
- LG Electronics
- Brita
𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐓𝐡𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐞𝐫𝐞:
https://www.polarismarketresearch.com/industry-analysis/home-water-filtration-market
Recent Developments:
- Hindustan Unilever Launches Pureit Series
In June 2022, Hindustan Unilever Limited (HUL) unveiled the Pureit Series, an advanced line of water purifiers featuring RO+UV+Minerals technology and the innovative “FiltraPower Technology.” This technology is designed to effectively eliminate harmful contaminants, including pathogens and industrial pollutants, ensuring clean and safe drinking water for households. - Samsung Introduces NSF-Certified Water Purifiers
In March 2021, Samsung launched a range of NSF-certified water purification units with customizable features. These units offer a variety of options, including ambient, hot, and cold water settings, catering to diverse consumer preferences and enhancing convenience.
𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
The research study includes segmental analysis that divides the market into distinct groups or segments based on common characteristics. With market segmentation, businesses can identify specific customer groups that are more likely to be interested in specific products or services. Also, it enables these businesses to focus their marketing efforts and resources more efficiently, leading to higher conversion rates and improved return on investment. Furthermore, segmentation analysis helps companies develop personalized products or services, which can result in increased customer loyalty and improved customer satisfaction.
Home Water Filtration Market, Product Type Outlook (Revenue – USD Billion, 2019-2032)
- Point-of-use Filters
- The Counter Filters
- Counter Top Filters
- Pitcher Filters
- Faucet-mounted Filters
- Others
- Point-of-entry Filters
Home Water Filtration Market, Distribution Channel Outlook (Revenue – USD Billion, 2019-2032)
- Offline
- Online
Home Water Filtration Market, End-Use Outlook (Revenue – USD Billion, 2019-2032)
- Drinking
- Cooking
- Bathing
- Laundry & Appliances
The future of the home water filtration market looks promising, fueled by rising concerns about water quality and growing consumer demand for safe and sustainable water solutions. Technological advancements will continue to play a crucial role, with the development of more efficient, durable, and smart filtration systems.
𝐁𝐫𝐨𝐰𝐬𝐞 𝐌𝐨𝐫𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭𝐬: