Frequently Asked Questions
Increasing demand for water treatment systems is anticipated due to increasing awareness about water-borne diseases driving residential water treatment market growth. With increasing awareness and information on water-borne diseases and pollution, people have become more conscious about health and prefer clean drinking water to prevent serious diseases. The need for water treatment systems is also increased with the increasing population and rising urbanization. Additionally, the increasing production of water treatment applications such as filtration, RO and Ultrafiltration is expected to grow the market. Furthermore, water treatment systems can be adopted to improve the quality of daily use water and prevent water-borne diseases, the growth of the global residential water treatment market.
The global residential water treatment market is anticipated to grow at a substantial CAGR of 8.00% in the upcoming years. The global residential water treatment market was estimated to be worth USD 19.1 billion in 2021 and is expected to be worth USD 30.30 billion by 2028.
In 2021, the Asia Pacific dominated the largest market share. Rapidly, urbanization creates the demand for water treatment systems in the Asia Pacific region. The Asia Pacific is the world’s most rapidly urbanizing region. After Japan, China is the growing country in Asia-Pacific due to increasing awareness about the benefits of water treatment systems. Furthermore, the rising demand for water treatment systems and other industries is developing this region’s global residential water treatment market.
The main competitors dominating the global residential water treatment market include A.O Smith Corporation, Kent Supreme, Eureka Forbes, Panasonic, Aqua Care, 3M, Aquasana, Waterwise Inc, Everpure, GE Appliances, and other prominent players.
In 2021, the RO will be the leading segment of the Global Residential water treatment market. RO segments captured the largest market share due to their highly advanced filtered technology and capability of removing water contaminants.