Commercial Water Purifiers Market
The Global Commercial UV Water Purifier Market is forecasted to grow significantly, with a projected value of USD 397.32 Million in 2023, and is projected to grow at a CAGR of 4.43%, to reach a staggering USD 540.76 Million by 2030.
The Global Commercial Water Purifier Market was valued at USD 8.29 Billion in the year 2021. Increased demand for water purifiers in the commercial sector can be ascribed to an increase in the number of restaurants, cafeterias, business complexes, tea shops, fast food outlets, and other similar establishments in both developed and developing countries. Furthermore, increased public awareness of the dangers of high total dissolved solids (TDS) levels in drinking water, continued industrial expansion, and the implementation of severe government laws requiring the supply of high purity water are all driving up commercial water purifiers sales.
Based on the Filter Type segment, the Reverse Osmosis segment is expected to hold the largest share in the Commercial Water Purifier market in the year 2027 as RO purifiers are used to treat highly contaminated water containing dissolved salts and heavy metals. They are the most effective purifier type to treat seawater and municipal tap water that is of poor quality. As the quality of water that is available across the globe continues to deteriorate due to pollution, RO purification is foreseen to witness growth in sales during the forecast period.
APAC region is estimated to have the maximum share in the global Commercial Water Purifier market followed by the Americas & Europe. Also, the new emerging markets in the APAC region will witness the fastest growth rate in the forthcoming years.
Also, the global commercial water purifiers market is being driven by factors such as industrial expansion and rising urbanization. The rapidly expanding hotel business, as well as decreasing water quality, are driving up demand for water purifiers. The industry is expected to develop as government standards for safe and healthy drinking water systems are implemented. The commercial water purifier market is disintegrating and highly competitive owing to the presence of major global and regional players. All the dominant players are performing better than one another in all the parameters and in this way, the competition in the commercial water purifier market is intensifying.
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Market Segmentation of Commercial Water Purifiers Market
Market Challenges
- High cost of equipment
- Maintenance cost
Market by Technology
- UV
- RO
- Gravity Based
- Sediment Filter
- Water Softner
- Others
Market by End User
- Commercial
- Residential
Market by Distribution Channel
- Retail
- Direct
- Online
Market by Portability
- Non-Portable
- Portable
Market by Region
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Russia
Main Report @ http://www.vertexbusinessinsights.com/main_report/58/commercial-water-purifiers-market
Key Target Audience:
- Membrane water purifier, media water purifier, UV water purifier manufacturers
- Membrane water purifier, media water purifier, UV water purifier suppliers
- End-users of POE water purifiers, such as residential complexes and apartments
- Research organizations and consulting companies
- Associations, organizations, forums and alliances related to POE water purifiers
- Government bodies such as regulating authorities and policy makers
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