Rising Consumer Awareness Regarding Clean Water to Push Market Growth

Water Purifier Market is expected to be worth US$110.02 billion 2025 by rising at a CAGR of 8.4% during the period between 2017 and 2025

A tremendous rise in the demand for clean and healthy water is one of the key factors that is expected to enhance the growth of the global water purifier market in the coming few years. The increasing population and the rising level of pollution are some of the factors that are predicted to support the development of the market in the near future. In addition to this, the rise in the prevalence of several water-borne diseases, particularly in several under-developed and developing economies is another factor propelling the market growth in the near future. Furthermore, public as well as private organisations, across the globe are making ardent efforts to create an awareness related to the benefits of water purifiers, which is estimated to supplement the growth of the global water purifier market throughout the forecast period. Moreover, the enhancement of the distribution network and the rising advertising activities by the leading players are further expected to offer growth opportunities in the coming few years.

Low Rate of Penetration to Restrict Market Growth in Coming Years
The global water purifier market is expected to face several challenges, which are further predicted to restrict the overall development of the market in the near future. The rise in the demand for packaged drinking water and low penetration rate are estimated to hamper the growth of the global water purifier market throughout the forecast period. Nonetheless, the high rate of industrialisation, resulting in a high pollution levels and the increasing growth opportunities from developing economies are estimated to enhance the growth of the global water purification market in the coming few years.

Key Takeaways:

Government organisations are making efforts to create an awareness among people regarding the advantages of using water purifiers, thus accelerating the market growth in the near future.
Developing nations hold immense growth opportunities, owing to which the market players are focusing on expanding their business horizon in these areas in the next few years.

Clearwell holds a leading position as to market ongoing development of plasma technology and bring plasma technology together in with nano technology in order to enhance water purification systems for the future.