WATER PURIFIER MARKET ANALYSIS
The global water purifier market is estimated to be valued at US$ 83.31 Billion in 2022 and is expected to exhibit a CAGR of 8% over the forecast period (2023-2030).
Market Trends
The rising trend of introducing unique design-based products such as discreet passive model, faucet mount design, under sink design, and multi-stage filter model. Moreover, the adoption of specifically membrane systems especially in Europe is further expected to propel the market growth over the forecast period.
Rising demand for UV and gravity-based purifiers is gaining traction in the market. A UV water purifier is used to treat contaminated water with germicidal ultraviolet light. UV light prevents the spread of disease by killing the bacteria present in the water and makes it safe for drinking.
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