The Rising Prevalence Of Water-Borne Diseases Has Increased The Demand For The Point-Of-Use Water Treatment Systems Market As Per The Business Research Company's Point-Of-Use Water Treatment Systems Global Market Report 2022
TBRC’s market research report covers point-of-use water treatment systems market size, point-of-use water treatment systems market forecasts, major point-of-use water treatment systems companies and their market share, key strategies to undertake, and more.
LONDON, March 16, 2022 (GLOBE NEWSWIRE) -- According to The Business Research Company’s research report on the point-of-use water treatment systems market, the rise in the prevalence of water-borne diseases is driving the growth of the point-of-use water treatment systems market. Waterborne diseases are diseases caused by drinking water contaminated with pathogenic microorganisms like protozoa, viruses, bacteria, and intestinal parasites. For instance, within developing countries, 1.8 million people die every year from waterborne diseases. Of these deaths, over 90% are children under the age of five. Therefore, the increasing prevalence of water-borne diseases drives the point-of-use water treatment systems market.
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The global point-of-use water treatment systems market size is expected to grow from $15.25 billion in 2021 to $16.57 billion in 2022 at a compound annual growth rate (CAGR) of 8.64%. The growth in the market is mainly due to the companies' rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global point-of-use water treatment market size is expected to reach $24.80 billion in 2026 at a CAGR of 10.61%.
Technological innovation is a key trend gaining popularity in the point-of-use water treatment systems market. These innovations include new technologies to reduce the wastage of water during the purification process. For example, Kent RO systems have launched Zero Water Wastage technology, which ensures no wastage of water occurs during the purification process.
Major players in the point of use (POU) water treatment systems market are Honeywell International, Pentair, Panasonic Corporation, Eureka Forbes, BWT Aktiengesellschaft, A.O. Smith, Unilever PLC, LG Electronics, WaterFilters.NET, BWT, Toray Industries, Kent Ro, Instapure Brands, Helen of Troy Limited, and Philips.
TBRC’s global point-of-use water treatment systems market research report is segmented by product type into under the counter filters, counter top filters, pitcher filters, faucet mounted filters, others; by technology into reverse osmosis systems, ultrafiltration systems, distillation systems, disinfection methods, chlorination, UV radiation, ozonation, filtration methods, activated carbon filters, mechanical filters, bio-sand filters; by application into residential, non-residential.
Asia-Pacific was the largest region in the point-of-use water treatment systems market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global point-of-use water treatment system market during the forecast period. The regions covered in the global point-of-use water treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Point-Of-Use Water Treatment Systems Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provide point-of-use water treatment systems market overviews, point-of-use water treatment systems market analyze and forecast market size and growth for the whole market, point-of-use water treatment systems market segments and geographies, point-of-use water treatment systems market trends, point-of-use water treatment systems market drivers, point-of-use water treatment systems market restraints, leading competitors’ revenues, profiles and market shares in over 1,000 industry reports, covering over 2,500 market segments and 60 geographies.
The report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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