Point Of Use Water Treatment Systems Market (By Technology: RO Systems, Distillation Systems; By Application; By Device) - Global Industry Analysis, Size, Share, Growth, Trends, Revenue, Regional Outlook and Forecast 2022-2030.

Published Date : Jun 2022 | No. of Pages : 150+ Pages | Category : Advanced Materials

The global point of use water treatment systems market was valued at USD 11.7 billion in 2021 and it is predicted to surpass around USD 54.7 billion by 2030 with a CAGR of 18.69% from 2022 to 2030.

Point Of Use Water Treatment Systems Market Size 2021 to 2030

Increasing water pollution, coupled with growing awareness regarding a healthy lifestyle, is a key factor propelling the market growth. Increasing adoption of water purifier systems is predicted to drive the global market over the forecast period. Favorable government laws to ensure the supply of clean and potable drinking water are further expected to augment business growth in the coming years.

The increasing demand for clean water, coupled with growing investments to boost efficiency, is likely to provide a boost to the market growth over the forecast period. A significant reduction in the costs of raw materials and components, along with favorable government initiatives, is likely to encourage the growth of the market. Governments across the globe are encouraging wider adoption of water treatment systems to avoid an epidemic of water-borne diseases. For instance, the WHO’s Water, Sanitation and Hygiene (WASH) project initiative has targeted a worldwide elimination of diarrhea and untreated excreta that contaminates groundwater and surface waters used for irrigation, drinking water, household purposes, and bathing.

In terms of technology, reverse osmosis systems held over 30.0% share based on revenue in 2021. Established technology, coupled with the economical costs of units in comparison to other technologies, is predicted to have a positive impact on the growth of the market by 2030. The filtration methods segment size is predicted to be valued at USD 14.0 billion by 2030. Higher efficiency, enhanced capacity, and affordable pricing are projected to boost market growth during the forecast period.

The tabletop pitchers device segment held the largest revenue share of over 30.0% in 2021. Tabletop pitchers are widely adopted owing to the convenient use, coupled with affordable prices and longer shelf life of the product. The faucet mounted filters segment was the second largest segment in 2021. This segment has a large-scale penetration in Indian and African countries mainly due to its affordable pricing and low replacement costs.

According to the Water and Wastewater Equipment Manufacturers Association (WWEMA), the economic impact of rising inflation and commodity prices (such as steel) and labor shortage had adversely impacted the market. In the U.S., supply chain disruption during the COVID-19 pandemic resulted in fewer installations and lower service schedules, which was exacerbated by a lack of personnel, vehicles, and drivers to transfer cargo from the ports.

Scope of The Report

Report Coverage Details
Market Size in 2021 USD 11.7 billion
Revenue Forecast by 2030 USD 54.7 billion
Growth rate from 2022 to 2030 CAGR of 18.69%
Base Year 2021
Forecast Period 2022 to 2030
Segmentation Technology, application, device, region
Companies Covered 3M; Koninklijke Philips N.V.; Pentair; Panasonic Holdings Corporation; Unilever; LG Electronics; EcoWater Systems LLC; A.O. Smith; Culligan; Amway Corp.

 

Technology Insights

In 2021, reverse osmosis systems led the market with a revenue share of over 30.0% principally owing to the extensive penetration of this technology and the hassle-free installation and usage. RO systems demand was 100.9 million units globally among other point of use water treatment systems in 2021. Although RO systems are predicted to witness a slowdown by 2030, mainly due to manufacturers launching systems that have technologies in combination, for instance, RO and UV systems.

Increasing adoption of alternative upcoming technologies having more efficiency and improved features is fueling the market growth. The filtration methods segment emerged as the second-largest segment in 2021 as it is a mature technology. The distillation systems segment is estimated to witness a measured increase in terms of manufactured units during the forecast period owing to affordable products, coupled with better designs and other benefits.

Device Insights

Tabletop pitchers held the largest revenue share of over 30.0% in 2021 mainly owing to the affordability of the product, coupled with convenience in use. Faucet mounted filters are estimated to expand at a significant CAGR of 19.3% over the forecast period, in terms of revenue. These filters find wide adoption, especially in developing regions like India and South Africa.

The countertop units segment demand is likely to be 248.6 million units by 2030. Countertop units are extremely popular in Asian countries including China and South Korea owing to the economical prices and larger capacity dispensed by these units. The under the sink filters segment demand was 62.5 million units in 2021. Under the sink filters find wide adoption in Europe and North America due to aesthetics as these units are concealed and kitchen counters look decluttered.

Application Insights

In 2021, the non-residential segment dominated the market for point of use water treatment systems and held a revenue share of over 60.0%. In terms of application, the market for point of use water treatment systems has been classified into residential and non-residential segments. 

The non-residential segment includes small-scale commercial, industrial, and healthcare facilities, education institutions, sports facilities, and transportation facilities. The residential segment demand was 103.4 million units in 2021. Growth in the residential segment can be attributed to the exponential growth in residential construction across the world.

Regional Insights

Asia Pacific dominated the global market with a revenue share of over 35.0% in 2021. In 2021, the China market was valued at USD 1.1 billion. China has a large presence of local manufacturers and suppliers of the equipment helping it dominate the global scenario, primarily due to large-scale investments made for developing the technology.

Europe emerged as the second-largest regional market in 2021. The U.K. and Russia led the European market in 2021, cumulatively accounting for more than 40.0% share in terms of revenue. The U.S. dominated the North American market in 2021. North America is an extremely mature market, where consumer awareness regarding the importance of a healthy lifestyle and potable drinking water is high.

Key Players

  • 3M
  • Koninklijke Philips N.V.
  • Pentair
  • Panasonic Holdings Corporation
  • Unilever
  • LG Electronics
  • EcoWater Systems LLC
  • A.O. Smith
  • Culligan
  • Amway Corp.

Market Segmentation

  • By Technology Outlook
    • Reverse Osmosis Systems
    • Distillation Systems
    • Disinfection Methods
    • Filtration Methods
  • By Application Outlook
    • Residential
    • Non-residential
  • By Device Outlook
    • Tabletop Pitchers
    • Faucet Mounted Filters
    • Countertop Units
    • Under the Sink Filters
  • By Regional Outlook
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • Russia
      • U.K.
      • Spain
      • Italy
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Australia
    • Central & South America
      • Brazil
    • Middle East and Africa
      • UAE
      • Saudi Arabia

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