Middle East Residential Water Treatment Devices Market: Drivers
Rapid growth in the population of Middle East
Increasing population in the Middle East is primarily fueling the market growth of residential water treatment devices. According to the Coherent Market Insights analysis, the total population of the Middle East & Africa is approximately 346 million and is expected to grow at a rate of 2% per annum. Moreover, increasing mass migration to urban areas is further expected to raise demand for water purifiers, thereby propelling the market growth over the forecast timeframe.
Increasing deterioration of the water quality
The region has witnessed a decrease in water quality as a result of extensive industrialization, resulting in a decrease in water availability. According to Coherent Market insights, the estimated water availability in those counties is only 1,200 cubic meters per capita per year, which is significantly lower than the worldwide average, which is 7,000 cubic meters per person per year.
Middle East Residential Water Treatment Devices Market: Restraints
High cost of water purification system
The high price of water purification equipment especially that of the RO and UV process is expected to hamper the market growth of Middle East residential water treatment equipment. Limited use of the product due to the scarcity of water in the region is projected to restrict market growth. Moreover, the lack of product availability of the product as the market is highly untapped is expected to hamper the market growth of the residential water treatment equipment.
Middle East Residential Water Treatment Devices Market: Opportunity
Increase in cases of water prone diseases
Growing cases of water-borne diseases such as diarrhea, liver damage, a digestive disorder, etc. are expected to open up new avenues to the market of Middle East residential water treatment equipment. Moreover, increasing domestic production of the water purifier in the especially UAE and the Kingdom of Saudi Arabia is also projected to augment the market growth of the Middle East residential water treatment equipment over the forecast period.
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