Market Research Report
India Residential Water Purifier Market By Technology (UV, RO, Activated Carbon, Ultrafiltration & Others), By Product Category (Purifier, Dispenser & Others), By Sales Channel (Direct & Distributors), Competition Forecast & Opportunities, 2024
|Published by||TechSci Research||Product code||892609|
|Published||Content info||97 Pages
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|India Residential Water Purifier Market By Technology (UV, RO, Activated Carbon, Ultrafiltration & Others), By Product Category (Purifier, Dispenser & Others), By Sales Channel (Direct & Distributors), Competition Forecast & Opportunities, 2024|
|Published: July 1, 2019||Content info: 97 Pages||
India residential water purifier market was valued at $ 391.4 million in 2019 and is projected to grow at a CAGR of 13.3% and reach $ 818 million by 2024. Anticipated growth in the market can be attributed to growing concern towards water borne disease due to water pollution, industrial development leading to water pollution and rising disposable income of Indians. Moreover, rising health awareness among people is further pushing demand for water purifiers across the country. On the basis of devices, the market has been divided into POU (point of usage) and POE (point of entry), POU accounted the maximum market share and is expected to continue its dominance during the forecast period as well owing to affordability and low maintenance cost of the system.
Some of the major players operating in India residential water purifier market are Eureka Forbes Ltd., Kent RO Systems Limited, Hindustan Unilever Limited, AO Smith, Ion Exchange (India) Limited, Tata Chemicals Limited, Livpure Pvt Ltd, Havells India Limited, Usha International Limited, Bajaj Electronics, among others.
TechSci Research performed primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of residential water purifier installers in India. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include companies that could not be identified due to the limitations of secondary research. TechSci Research analyzed product offerings, end users and regional presence of all major residential water purifier manufacturers across India.
TechSci Research calculated India residential water purifier market size using a bottom-up approach, wherein manufacturers' value sales data for different product types was recorded as well as forecast for the future years was made. Secondary sources such as company annual reports, Ministry of Corporate Affairs, Ministry of Water, World Bank, Press Releases, Industry Magazines, Industry Reports, News Dailies, Credible Paid Databases, Proprietary Databases, etc., were also studied by TechSci Research.
The study is useful in providing answers to several critical questions that are important for industry stakeholders, such as residential water purifier manufacturers, distributors, dealers and policy makers. The study would also help them in deciding which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth of the market.
In this report, India residential water purifier market has been segmented into following categories, in addition to the industry trends which have also been detailed below: