PUBLISHER: Grand View Research, Inc. | PRODUCT CODE: 1042890
PUBLISHER: Grand View Research, Inc. | PRODUCT CODE: 1042890
The global point of entry water treatment systems market size is expected to reach USD 12.42 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 4.6% from 2021 to 2028. Increasing water pollution and growing urban population leading to the increased demand for clean water are factors augmenting the demand for point of entry water treatment systems.
The increasing level of contaminants in water sources is anticipated to drive the demand for point of entry water treatment systems to ensure a safe water supply. Furthermore, shifting focus from conventional water purifiers toward technologically advanced water purifiers on account of rising contamination levels in water sources is expected to complement the market growth.
The exponential growth in the global population over the past five decades has exerted considerable pressure on the natural resources available on the planet, especially air and water. Rapid industrialization and increasing agricultural activities on account of population growth are anticipated to augment the demand for water treatment systems.
Governments across the country have introduced strict guidelines in order to restrict contamination in drinking water. Increasing awareness regarding public health is projected to complement the adoption of point of entry (POE) water treatment systems. This, in turn, is estimated to drive the market during the forecast period.