Home Category Region Publishers About Us Contact Us
Category
Consumer Goods (4190)
Baby Products (27)
Clothing (315)
Consumer Behavior (449)
Cosmetics (430)
Digital Appliance (358)
Entertainment (108)
Fragrances (59)
Games (116)
Home Appliance (111)
Jewelry & Watch (27)
PC (279)
Pet Products (87)
Printers (119)
Retail Industry (882)
Travel and Tourism (225)
Press Release:

US CONSUMER WATER & AIR PURIFICATION SYSTEMS TO REACH $1.6 BILLION IN 2008

September 13th, 2004
Demand for consumer water purification and air cleaning systems is projected to increase 5.6 percent per year to $1.6 billion in 2008. Gains will be driven by consumer concerns about the quality of the air and water in the home, and greater awareness of the healthful and aesthetic benefits of these systems. Existing owners of purification systems are continuing to upgrade to the more efficient and better performing equipment featured in higher value systems. The industry also creates a large market for replacement filters and membranes. These and other trends are presented in Consumer Water Purification & Air Cleaning Systems, a new study from The Freedonia Group, Inc., a Cleveland-based market research firm. Water purification systems that feature conventional filtration media accounted for the majority of demand for water systems in 2003, with 81 percent of sales. Sales growth for this segment will be outpaced by demand for higher value reverse osmosis and distillation systems, albeit from a significantly smaller base. Gains will be fueled by their ability to process a broader range of contaminants compared to conventional filters. Among air cleaners, electrostatic systems accounted for the largest share of value demand with 53 percent in 2003, and will also achieve the most rapid gains through 2008. Demand for electrostatic air cleaners will be driven by the rising popularity of electrostatic precipitators. Systems with conventional media filtration accounted for the second largest share of air cleaner demand in 2003, with a 44-percent share of sales. In 2003, water purification and air cleaning system demand was dominated by equipment intended for use in a limited area of the house. Point-of-use (POU) water purification systems, which are installed at a single outlet, had the largest share of demand for water systems in 2003, and are also expected to post stronger annual growth rates through 2008 compared to point-of-entry systems. Similarly, portable air cleaners, which are designed to treat the air in a single room, accounted for the largest share of sales of air cleaners in 2003 and will post faster growth through 2008 compared to whole-house air cleaners.

US CONSUMER WATER & AIR PURIFICATION EQUIPMENT (million dollars)

% Annual Growth
Item 1998 2003 2008 03/98 08/03
Purification Systems Demand 850 1215 1595 7.4 5.6
Water 555 820 1080 8.1 5.7
Point-of-Entry 245 325 405 5.8 4.5
Point-of-Use 310 495 675 9.8 6.4
Air 295 395 515 6.0 5.4
Whole-House 100 120 145 3.7 3.9
Portable 195 275 370 7.1 6.1
© 2004 by The Freedonia Group, Inc.
Report: Consumer Water & Air Purification Systems

Published by: The Freedonia Group

Global Information Inc.(GII) - specializing in market research provision for the vertical industries, GII offers expert independent recommendations of publications from hundreds of the globe's leading market research firms.

Product Code : 23272