Market Research Report
Vietnam Table Mounted Water Purifiers Market, By Price Segment, By Technology, By Sales Channel, By Region, Competition, Forecast & Opportunities, 2011 - 2030
|Published by||TechSci Research||Product code||979720|
|Published||Content info||77 Pages
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|Vietnam Table Mounted Water Purifiers Market, By Price Segment, By Technology, By Sales Channel, By Region, Competition, Forecast & Opportunities, 2011 - 2030|
|Published: January 1, 2021||Content info: 77 Pages||
Vietnam Table Mounted Water Purifiers Market, By Price Segment (Low, Medium, High), By Technology (RO, UF, NF, UV and Others), By Sales Channel (General Trade and Modern Trade), By Region (North Vietnam, Central Vietnam and South Vietnam), Competition, Forecast & Opportunities, 2011 - 2030.
Vietnam table mounted water purifiers market was valued USD 177.25 Million in 2019 and is forecast to reach USD 544.92 Million by 2030, growing at a CAGR of 11.58% during the forecast period. Rapidly improving economic conditions and financial status of the consumers and scarcity of clean drinking water, to drive Vietnam table mounted water purifier market. Moreover, Vietnam water purifier market is recognized as one of the fastest growing water purifier markets in Asia-Pacific, which has resulted in emergence of one of the largest consumers and manufacturing bases in the country.
Natural water reserves in parts of Vietnam are vanishing as a result of climate changes and drought, aggravating the water management problem in the country. Growing focus on health and wellness in addition to depleting sources of water are expected to push the demand for table mounted water purifiers in the next five years.
Vietnam table mounted water purifiers market can be segregated based on price segment, sales channel, technology and region. Based on technology, RO segment led the market in 2019 with share of 72.49%. RO technology is cost effective and have high performance efficiency, leading to its increased adoption over other purification technologies.
Some of the major players operating in Vietnam table mounted water purifiers market are Karofi Group Joint Stock Company, The Kangaroo Group, SUNHOUSE Vietnam Co., Ltd., A.O. Smith Vietnam Company Limited, Carpa Vietnam Trade Joint Stock Company(Coway), Unilever Vietnam International Company Limited, Water Supply and Sewerage Technology Development Joint Stock Company (HTECH), 3M Vietnam Co., Ltd, Best Water Technology, and DuPont Vietnam Limited, among others. Companies operating in the market are increasing their online presence through online support systems such as dedicated product video mapping offering all the details and benefits of using products. Doing so, is helping companies to increase their sales during the COVID-19 pandemic.
Years considered for this report:
To extract data for Vietnam Table Mounted Water Purifiers market, primary research surveys were conducted with Table Mounted Water Purifiers manufacturers, suppliers, distributors, wholesalers and end users. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research was able to include manufacturers that could not be identified due to the limitations of secondary research. Moreover, TechSci Research analyzed various end user segments and projected a positive outlook for Vietnam Table Mounted Water Purifiers market over the coming years.
TechSci Research calculated Vietnam Table Mounted Water Purifiers market size using a bottom-up approach, wherein manufacturers' value sales data for different product types (still Table Mounted Water Purifiers, carbonated Table Mounted Water Purifiers, flavored Table Mounted Water Purifiers, functional Table Mounted Water Purifiers and others) was recorded and forecast for the future years. TechSci Research sourced these values from industry experts and company representatives and externally validated through analyzing historical sales data of respective manufacturers to arrive at the overall market size. Various secondary sources such as company websites, association reports, annual reports, British Plastic Federation, Hanoi Trade Department, Vietnam Plastic Association and Ministry of Corporate Affairs 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 Table Mounted Water Purifiers manufacturers, distributors and policymakers. The report also provides useful insights about which market segments should be targeted over the coming years in order to strategize investments and capitalize on growth opportunities.
In this report, Vietnam Table Mounted Water Purifiers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
Competitive Benchmarking: Benchmarking of leading players on the basis of product type provided by them.
Company Profiles: Detailed analysis of major companies operating in Vietnam Table Mounted Water Purifiers market.
With the given market data, TechSci Research offers customizations according to a company's specific needs. Following customization options are available for the report: