Market Research Report
Asia Pacific Water Purifier Market Forecast 2019-2027
|Published by||Inkwood Research||Product code||915148|
|Published||Content info||72 Pages
Delivery time: 2-3 business days
|Asia Pacific Water Purifier Market Forecast 2019-2027|
|Published: April 11, 2019||Content info: 72 Pages||
The water purifier market in the Asia Pacific region is predicted to be the fastest-market, recording a CAGR of 9.28% during the forecasted period, 2019-2027. The presence of emerging economies, rising industrialization, and declining water quality, are the major factors set to augment market growth.
The market study of the Asia Pacific region with regard to water purifier is conducted based on the segmentation that includes the regions of India, Australia, Japan, South Korea, China, and the Rest of Asia Pacific. The large presence of big industry names, their innovative products, and market expansion strategies is beneficial for the market region. Also, the huge presence of untapped rural markets is set to result in lucrative opportunities for market growth. The declining water quality and the increasing awareness with regard to health is driving the market growth in regions like India. The consumption upgrade in China is set to augment its market growth, along with increasing environmental awareness. The growing industrial sector and the rising focus towards research and development with regard to water purifying systems in the Japan region, is estimated to increase its market growth. There is an increasing demand for water purifiers in regions like South Korea due to the high chemical oxygen demand and phosphorus levels in rivers, which are its primary source of drinking water.
Some of the eminent market players include, Pure-Pro Water Corporation, African Water Purification, Absolutely Water, Lg Electronics, Inc., Brita Gmbh (The Clorox Company), Aquasana Inc., Aquamat Sa (Pty) Ltd., Suez Water Technologies & Solutions (Suez), etc.