MIDDLE EAST RESIDENTIAL WATER TREATMENT DEVICES MARKET ANALYSIS

Middle East Residential Water Treatment Devices MarketSize and Trends

Middle East residential water treatment devices market is projected to reach around US$ 1,236.7 Million by 2030, in terms of revenue, exhibiting a CAGR of 7.4% during the forecast period (2023-2030).

Middle East Residential Water Treatment Devices Market: Trends

Increase in trend of online shopping for home appliances

The growing trend of online shopping for home appliances due to convenience and affordable rates are expected to foster the market growth of the Middle East residential water treatment equipment. According to the Coherent Market Insights analysis, nearly over 60% of consumers in GCC countries use the Internet to conduct research on products and services; whereas approximately 11 % of online shoppers prefer buying home appliances online.

Key players focus on more collaborations

Partnership and agreements among major players for market expansion is a major trend and this is projected to accelerate the market growth of the Middle East residential water treatment equipment. For instance, water purifier and small appliances maker, Kent RO Systems Limited announced its entry into the Middle East by partnering with LuLu Hypermarkets. Such partnerships among major players will favor market growth over the forecast period.