The residential water treatment devices market is estimated to secure a valuation of US$ 14,220.6 million in 2023 and is predicted to reach US$ 23,721 million by 2033. The market is registering a CAGR of 5.2% during the forecast period.
The market is driving due to several factors, such as:
High Cost of Maintenance and Alternate Sources Decline the Market Growth
The market has various restrain factors that may decline the growth, including:
| Attributes | Details |
|---|---|
| Market CAGR (2023 to 2033) | 5.2% |
| Market Valuation (2023) | US$ 14,220.6 million |
| Market Valuation (2033) | US$ 23,721.0 million |
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The market was grown significantly at a moderate pace between 2018 and 2022. The factors driving the market include growing waterborne disease concerns and increasing consumer demand for fresh and clean water. According to Future Market Insights, the market was valued at US$ 11,794.2 million with a CAGR of 3.6% in 2018 and is projected at US$ 23,721.0 million by 2033.
Asia Pacific is a significant growing region due to its rapid urbanization, rising population, and industrialization. Due to the increasing concerns about wastewater and excess water use, the manufacturers have developed water purification devices for residential uses. These devices help to recycle and reuse the quantity of water without any excess wastage.
Based on product type, water filters are anticipated to lead the global residential water treatment devices market by capturing a CAGR of 4% by 2033. The growing awareness of water filters for water purification and the causes of contaminated water fuel the demand for water filters.
Manufacturers and key companies are developing these water filters at a reasonable price for their consumers. Consumers do not have to spend a huge amount on these water filters. Therefore, the demand for water filters is rapidly increasing in the market growth in the coming years.
Based on the price range, consumers prefer to buy mid-range residential water treatment devices. This device is anticipated to collect a CAGR of 5%, with steady growth in the market by 2033. Consumers are looking for budget-friendly water treatment devices, with the availability of types of variants surging the market expansion.
Based on installation type, the point-of-use is leading the global market by capturing a CAGR of 6% by 2033. The contractors or municipality installed point-of-entry devices at the main water line to provide water for residential uses. The growing demand for clean and fresh water is increasing the adoption of this segment.
The increasing supply of contaminated water in residential is rising the installation of point-of-use. It is an essential process that provides water after treating its level of quality to residential complexes or buildings.
Based on sales channels, online retailing is dominating the global market by registering a CAGR of 6% by 2033. The growing technology, such as the Internet of Things, is increasing sales on the online platform. Consumers prefer to buy these products on a budget through online retailing compared to offline channels.
The key players launching their new products by collaborating with e-commerce websites are expanding the market. The manufacturers are strengthening their market by selling their products online during the forecast period.
Principal Consultant
The United States residential water treatment devices market is estimated to lead the global market by capturing a maximum share of 18% by 2033. Consumers are growing concerned about a healthy life with the rising demand for clean and pure drinking water in the country. The United States uses more than 50 million gallons of water. The drinking water for consumers comes from various sources such as rivers, lakes, and reservoirs.
The United States consumers receive around 50,000 community water systems for drinking purposes nationwide. The government of the United States installed miles of pipelines for fresh drinking water. In the United States, around 6 to 7 gallons of water are wasted or polluted for different purposes such as cleaning, washing, and excess uses. These factors are anticipated to rises the demand for residential water treatment devices in the United States.
Germany is one of the significant nations in the global market, securing a relevant share of 5.3% by 2033. The rising groundwater and surface water pollution increase the demand for water testing devices in Germany. The major problem behind water pollution in the country is phosphorous and nitrates from fertilizers widely used in agriculture.
The rising water purification system and treatment devices with advanced water treatment apps are fueling the market growth in the country. German government launched several regulations for water protection, such as anti-pollution legislation and water waste taxes.
Due to these regulations, consumers can save water and use it accordingly without waste. Overall, water treatment's growing popularity is surging Germany's residential water treatment devices market in the coming years.
China is one of the significant nations in the Asia Pacific region that is anticipated to capture a share of 6.4% by 2033. The growing population, urbanization, and rising contaminated water are increasing the adoption of residential water treatment devices. The rising industrial, agricultural, and human hazardous waste is surging China's residential water treatment devices during the forecast period.
China is concerned about groundwater waste in 90% of cities in the country. China's government takes initiatives to reduce water waste and maintain water quality through these treatment devices. The water gets contaminated in rural areas for washing near the river, cleaning, and other industrial complexes. These factors continue to expand China's residential water treatment devices market in the coming years.
India is another nation in the Asia Pacific region that is estimated to collect a share of 12.0% by 2033. In India, around 70% of surface water is unsafe for human consumption, rapidly increasing the adoption of water testing devices. Nearly 40 million litres of water are from rivers, dams, and other sources to provide consumers with clean water.
According to a report by Indian Water Portal, diseases spread from contaminated water include typhoid, cholera, and viral hepatitis. These diseases cause mortality in several Indian states, including Uttar Pradesh, Odisha, and Bengal. The growing awareness of these diseases is increasing the country's sales of residential water treatment devices.
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The market is fragmented by the present players who invest their amount in research and development activities. These players are innovating unique and advanced products as per consumers' requirements. The players play a crucial role in market expansion through their marketing methodologies. Their marketing strategies are mergers, acquisitions, agreements, partnerships, and product launches.
Other Essential Players in the Market:
Recent Developments in the Global Residential Water Treatment Devices Market are:
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | US$ billion for Value |
| Key Countries Covered | United States, United Kingdom, Japan, India, China, Germany |
| Key Segments Covered | Product Type, Installation Type, Sales Channel, Region |
| Key Companies Profiled | A.O. Smith Corporation; Kent Supreme; Eureka Forbes; Panasonic; Aqua Care; 3M; Aquasana; Waterwise Inc.; Everpure; GE Appliances |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The market is valued at US$ 14,220.6 million in 2023.
Some key players in the market are Kent Supreme, Eureka Forbes, and Panasonic.
The market is anticipated to progress at a CAGR of 5.2% through 2033.
Based on product type, water filters are anticipated to lead the global residential water treatment devices market by capturing a CAGR of 4% by 2033.
Based on sales channels, online retailing is dominating the global market by registering a CAGR of 6% by 2033.
1. Executive Summary | Residential Water Treatment Devices Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033
5.3.1. Anti-agglomerate (AA) Inhibitors
5.3.2. Kinetic Hydrate Inhibitors (KHIs)
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Terrain Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Terrain Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Terrain Type, 2023 to 2033
6.3.1. Onshore
6.3.2. Offshore
6.4. Y-o-Y Growth Trend Analysis By Terrain Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Terrain Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. Asia Pacific
7.3.5. MEA
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Product Type
8.2.3. By Terrain Type
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Product Type
8.3.3. By Terrain Type
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Product Type
9.2.3. By Terrain Type
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product Type
9.3.3. By Terrain Type
9.4. Key Takeaways
10. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UNITED KINGDOM
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Europe
10.2.2. By Product Type
10.2.3. By Terrain Type
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By Terrain Type
10.4. Key Takeaways
11. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.1.4. Singapore
11.2.1.5. Thailand
11.2.1.6. Indonesia
11.2.1.7. Australia
11.2.1.8. New Zealand
11.2.1.9. Rest of Asia Pacific
11.2.2. By Product Type
11.2.3. By Terrain Type
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By Terrain Type
11.4. Key Takeaways
12. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. GCC Countries
12.2.1.2. South Africa
12.2.1.3. Israel
12.2.1.4. Rest of MEA
12.2.2. By Product Type
12.2.3. By Terrain Type
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By Terrain Type
12.4. Key Takeaways
13. Key Countries Market Analysis
13.1. USA
13.1.1. Pricing Analysis
13.1.2. Market Share Analysis, 2022
13.1.2.1. By Product Type
13.1.2.2. By Terrain Type
13.2. Canada
13.2.1. Pricing Analysis
13.2.2. Market Share Analysis, 2022
13.2.2.1. By Product Type
13.2.2.2. By Terrain Type
13.3. Brazil
13.3.1. Pricing Analysis
13.3.2. Market Share Analysis, 2022
13.3.2.1. By Product Type
13.3.2.2. By Terrain Type
13.4. Mexico
13.4.1. Pricing Analysis
13.4.2. Market Share Analysis, 2022
13.4.2.1. By Product Type
13.4.2.2. By Terrain Type
13.5. Germany
13.5.1. Pricing Analysis
13.5.2. Market Share Analysis, 2022
13.5.2.1. By Product Type
13.5.2.2. By Terrain Type
13.6. UNITED KINGDOM
13.6.1. Pricing Analysis
13.6.2. Market Share Analysis, 2022
13.6.2.1. By Product Type
13.6.2.2. By Terrain Type
13.7. France
13.7.1. Pricing Analysis
13.7.2. Market Share Analysis, 2022
13.7.2.1. By Product Type
13.7.2.2. By Terrain Type
13.8. Spain
13.8.1. Pricing Analysis
13.8.2. Market Share Analysis, 2022
13.8.2.1. By Product Type
13.8.2.2. By Terrain Type
13.9. Italy
13.9.1. Pricing Analysis
13.9.2. Market Share Analysis, 2022
13.9.2.1. By Product Type
13.9.2.2. By Terrain Type
13.10. China
13.10.1. Pricing Analysis
13.10.2. Market Share Analysis, 2022
13.10.2.1. By Product Type
13.10.2.2. By Terrain Type
13.11. Japan
13.11.1. Pricing Analysis
13.11.2. Market Share Analysis, 2022
13.11.2.1. By Product Type
13.11.2.2. By Terrain Type
13.12. South Korea
13.12.1. Pricing Analysis
13.12.2. Market Share Analysis, 2022
13.12.2.1. By Product Type
13.12.2.2. By Terrain Type
13.13. Singapore
13.13.1. Pricing Analysis
13.13.2. Market Share Analysis, 2022
13.13.2.1. By Product Type
13.13.2.2. By Terrain Type
13.14. Thailand
13.14.1. Pricing Analysis
13.14.2. Market Share Analysis, 2022
13.14.2.1. By Product Type
13.14.2.2. By Terrain Type
13.15. Indonesia
13.15.1. Pricing Analysis
13.15.2. Market Share Analysis, 2022
13.15.2.1. By Product Type
13.15.2.2. By Terrain Type
13.16. Australia
13.16.1. Pricing Analysis
13.16.2. Market Share Analysis, 2022
13.16.2.1. By Product Type
13.16.2.2. By Terrain Type
13.17. New Zealand
13.17.1. Pricing Analysis
13.17.2. Market Share Analysis, 2022
13.17.2.1. By Product Type
13.17.2.2. By Terrain Type
13.18. GCC Countries
13.18.1. Pricing Analysis
13.18.2. Market Share Analysis, 2022
13.18.2.1. By Product Type
13.18.2.2. By Terrain Type
13.19. South Africa
13.19.1. Pricing Analysis
13.19.2. Market Share Analysis, 2022
13.19.2.1. By Product Type
13.19.2.2. By Terrain Type
13.20. Israel
13.20.1. Pricing Analysis
13.20.2. Market Share Analysis, 2022
13.20.2.1. By Product Type
13.20.2.2. By Terrain Type
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Product Type
14.3.3. By Terrain Type
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. A.O. Smith Corporation
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Kent Supreme
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. Eureka Forbes
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Panasonic
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Aqua Care
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. 3M
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Aquasana
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Waterwise Inc.
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. Everpure
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. GE Appliances
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
16. Assumptions & Acronyms Used
17. Research Methodology
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Residential Water Treatment Devices Market
