Point of Entry Water Treatment Systems Market Share, Size, Trends, Industry Analysis Report, By Technology (Reverse Osmosis Systems, Water Softeners, Disinfection Methods, and Others); By Application; By Region; Segment Forecast, 2024 - 2032
- Published Date:Feb-2024
- Pages: 118
- Format: PDF
- Report ID: PM4508
- Base Year: 2023
- Historical Data: 2019-2022
Report Outlook
Point of entry water treatment systems market size was valued at USD 9.60 billion in 2023. The market is anticipated to grow from USD 10.02 billion in 2024 to USD 14.39 billion by 2032, exhibiting the CAGR of 4.6% during the forecast period.
Market Overview
Rising demand for efficient water treatment systems across the globe as a result of drastic increase in population and growing water pollution particularly in urban areas, driving the global market growth. Also, the rising levels of contaminations that led to increased presence of heavy metals, chemicals, and microorganisms in water bodies, resulting in greater adoption of water treatment systems worldwide.
For instance, according to a report published by The Environmental Integrity Project, over 700,000 miles of waterways and around 51% of assessed river and stream miles in the United States are impaired by the pollution.
To Understand More About this Research: Request a Free Sample Report
These water treatment systems are being increasingly used or installed at both residential and commercial places for various purposes including under the counter of kitchens, faucets, bathroom showers, and others. Due to their less volume treatment, they are highly considered as an ideal solution of last stage water purification in homes or light commercial buildings. Beside this, growing innovations in water treatment technologies such as integration of smart sensors and modular systems, could open lucrative growth opportunities for the market.
The market research report offers an in-depth analysis of the industry to support informed decision-making. It offers a meticulous breakdown of various market niches and keeps readers updated on the latest industry developments. Along with tracking the Point of Entry Water Treatment Systems Market on the basis of SWOT and Porter’s Five Forces models, the research report includes graphs, tables, charts, and other pictorial representations to help readers understand the key insights and important data easily.
Market Trends
Growth Factors
Growing Awareness for the Usage of Clean and Treated Water to Drive Market Growth
The rising awareness among general public about the importance of intaking clean or treated water is significantly contributing to global market growth. As people worldwide are becoming aware of numerous waterborne diseases caused by the consumption of uncleaned water, they are increasingly demand efficient point of entry water treatment systems because of their ability to provide safe and clean water.
For instance, according to the BMC Public Health, more than 37.7 million people in India are estimated to suffer with waterborne diseases each year, and waterborne diseases causes 1.5 million children deaths every year.
Scarcity of Clean Water Mainly in Underdeveloped Countries Likely to Spur Market Growth
As the number of people suffering with the availability of safe and clean water especially in underdeveloped or developing is increasing rapidly, the need for efficient water treatment systems to fulfill the requirements of global population is also rises. For instance, as per a report published by the UNICEF, more than 4 billion people across the globe experience severe water scarcity for at-least one month every year. And, half of world’s population is expected to be live in areas with water scarcity by 2025.
Restraining Factors
High Initial Costs and Complex Installation Process are Expected to Hamper Global Market Growth
The high initial or upfront costs associated with the purchasing and setting-up of point of entry water treatment systems and high complexity of installation process of such water treatment systems, are among the factors which could hamper global market growth.
Report Segmentation
The market is primarily segmented based on technology, application, and region.
|
By Technology |
By Application |
By Region |
|
|
|
To Understand the Scope of this Report: Speak to Analyst
By Technology Insights
Reverse Osmosis Systems Segment Captured Largest Share in 2023
The reverse osmosis systems segment captured largest share. Segment’s dominance is accelerated by its growing adoption as it helps in eliminating several aqueous salts and metal ions such as chromium, copper, lead, sodium, and chloride. Additionally, these water treatment systems are highly versatile and find numerous applications in both residential and commercial settings, which positively influences segment’s growth.
The distillation systems segment will grow at highest growth rate. This growth is attributed to growing use of distilled water in wide range of applications including cooking, drinking, bathing, cleaning, and laundry. Their effectiveness in eliminating various specific contaminants like volatile organic compounds and heavy metals, has also been creating substantial demand for these treatment systems.
By Application Insights
Industrial Segment Held the Majority Revenue Share in 2023
The industrial segment held the majority revenue share. This dominance is attributed to continuous expansion of various water-using industries such as chemicals, food & beverages, and textiles, as increasingly realizing the importance of treated water for their processes. Growing industrialization especially in developing nations that led to increased demand for clean water in several industrial processes, further contribute to the demand for reliable water treatment systems.
For instance, according to USDA, industrial water uses accounts for approx. 22 percent of world’s total water consumption. And, in the United States, industry is the second largest water consumer with around 40 percent of water consumption.
Regional Insights
Asia Pacific Region Dominated the Global Market in 2023
The Asia Pacific region dominated the global market. Region’s dominance is accelerated by the higher concentration of industrial end-users and significant increase in the implementation of efficient water treatment systems to meet both industrial and residential needs. Additionally, a significant portion of APAC region is suffering with water scarcity and have very limited access to clean water, thereby, fueling the adoption of water treatment systems in order to maximize the use of available water resources.
For instance, as per a report by the Asian Development Bank, more than 75% of Asia is water insecure, and over 90% of region’s population is suffering with imminent water crisis.
The North America region is anticipated to emerge as fastest growing region. This growth is due to robust presence of large-scale commercial manufacturers and region’s high penetration of innovative water treatment systems. Growing stringent regulations and standards regarding the water quality and safety that are imposed by several regulatory authorities is further escalating the demand for treatment systems in the region. For instance, United States Environmental Protection Agency, announced that they have set legal limits on more than 90 contaminants in drinking water. Also, the agency set water-testing schedules and methods that must be followed by water systems.
Key Market Players & Competitive Insights
Developing improved water purification technologies to drive market competition
The point of entry water treatment systems market is moderately competitive in nature with the robust presence of several regional and global players. Key companies are competing on various factors such as improvements in water purification technologies, improving system performance, developing easily and user-friendly installable systems, and enhancing durability & longevity of their product offerings, that helps them gain a competitive edge in the market over the competitors. For instance, in December 2023, Cyclopure, introduced its two new home filters to remove PFAS (per-and-polyfluoroalkyl substances) from the household water named “Purefast Home80 and Purefast Home20.
Some of the major players operating in the global market include:
- A.O. Smith Corporation (US)
- Best Water Technology AG (Austria)
- Brita LP (US)
- Coway Co. Ltd. (South Korea)
- Culligan International Company (US)
- Eureka Forbes Ltd. (India)
- Global Water Solutions Ltd. (US)
- Helen of Troy Limited (US)
- Honeywell International (US)
- Katadyn Group (Switzerland)
- Kent RO Systems Ltd. (India)
- LG Electronics (South Korea)
- Panasonic Corporation (Japan)
- Pentair PLC (UK)
- Toray Industries (Japan)
- Unilever PLC (UK)
Recent Developments in the Industry
- In November 2023, Clear Comfort announced the launch of CCW2000 Series, that mainly aims to deliver the highest available standards of water efficiency, quality, and also plant-nutrient delivery. The new solution is powered by the patented Hydroxyl-based AOP (Advanced Oxidation Process) and DO (Dissolved Oxygen) technology.
- In November 2023, OSG Japan unveiled its newly designed innovated water purification system in India, that is developed in collaboration with Purever. The system is specially engineered to elevate the water quality and facilitate the easy absorption by the body.
Report Coverage
The point of entry water treatment systems market report emphasizes on key regions across the globe to provide better understanding of the product to the users. Also, the report provides market insights into recent developments, trends and analyzes the technologies that are gaining traction around the globe. Furthermore, the report covers in-depth qualitative analysis pertaining to various paradigm shifts associated with the transformation of these solutions.
The report provides detailed analysis of the market while focusing on various key aspects such as competitive analysis, technology, application, and their futuristic growth opportunities.
Point of Entry Water Treatment Systems Market Report Scope
|
Report Attributes |
Details |
|
Market size value in 2024 |
USD 10.02 billion |
|
Revenue forecast in 2032 |
USD 14.39 billion |
|
CAGR |
4.6% from 2024 – 2032 |
|
Base year |
2023 |
|
Historical data |
2019 – 2022 |
|
Forecast period |
2024 – 2032 |
|
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
|
Segments covered |
|
|
Regional scope |
|
|
Competitive Landscape |
|
|
Report Format |
|
|
Customization |
Report customization as per your requirements with respect to countries, region, and segmentation. |
Report Customization
We provide our clients the option to personalize the Point of Entry Water Treatment Systems Market report to suit their needs. By customizing the report, you can get data as per your format and definition. Also, the customization option allows you to gain a deeper dive into a specific segment, region, customer, or market competitor.
Browse Our Top Selling Reports
Live Commerce Platforms Market Size, Share 2024 Research Report
Peptide and Oligonucleotide CDMO Market Size, Share 2024 Research Report
Energy Engineering Service Outsourcing (ESO) Market Size, Share 2024 Research Report
FAQ's
Best Water Technology, Honeywell International, Kent RO Systems, Culligan International Company are the key companies in Point of Entry Water Treatment System Market
Point of entry water treatment systems market exhibiting the CAGR of 4.6% during the forecast period.
The Point of Entry Water Treatment System Market report covering key segments are technology, application, and region.
Growing awareness for the usage of clean and treated water to drive market growth are the key driving factors in Point of Entry Water Treatment System Market
The global point of entry water treatment systems market size is expected to reach USD 14.39 billion by 2032
© 2024 Polaris Market Research and Consulting. All rights reserved
