With prospects in both the residential and non-residential sectors, the market for point-of-use water treatment systems appears to have a bright future. Increased water pollution, increased public knowledge of the advantages of water treatment, and an increase in residential and non-residential development activities are the main growth drivers for this industry. The market's expansion is primarily the result of businesses restructuring their operations and recovering from the COVID-19 effect, which had previously resulted in restrictive containment measures like social isolation, remote work, and the closure of businesses that created operational difficulties.The Global Point of Use Water Treatment Systems market was valued at USD 13.5 billion in 2021 and it is predicted to reach USD 54.5 billion by 2030, rising at a compound annual growth rate (CAGR) of 19 % from 2022 to 2030.
The sale of point-of-use water treatment systems by organisations, sole proprietors, and partnerships that offer point-of-use (POU) devices, which are water treatment devices installed on a single faucet with the goal of removing contaminants from drinking water, makes up the point-of-use water treatment systems market. To enhance water quality, POU devices are frequently used in homes. In order to fulfil regulations for drinking water quality, these devices are also installed by owners of private wells or public water providers.
Years Considered for the study:
Point of Use Water Treatment Systems Market
Throughout the projected period, reverse osmosis systems are anticipated to maintain their dominance. Its popularity may be due to the several advantages it provides, including the capacity to remove up to 99% dissolved impurities, an increase in water's colour and flavour, and ease of maintenance. Reverse osmosis systems dominated the market in 2021, mostly as a result of the widespread adoption of this technology and its simple setup and use. In 2021, the demand for RO systems and other point-of-use water treatment systems was 100.9 million units globally. Although manufacturers are starting to release systems that combine technologies, including RO and UV systems, RO systems are expected to slow down by 2030.
By Device Outlook:
Table top pitchers had the highest revenue share in 2021, mostly because they are inexpensive and easy to use. In terms of revenue, faucet-mounted filters are anticipated to grow at a noteworthy CAGR throughout the forecast period. Widespread use of these filters is observed, particularly in developing nations like South Africa and India. Due to their affordable costs and higher dispensing capacity, countertop devices are quite popular in Asian nations like China and South Korea. Given that these devices are hidden and the kitchen surfaces appear uncluttered, under-the-sink filters are widely used in Europe and North America for aesthetic reasons.
By Application Outlook:
Commercial, industrial, healthcare, educational institutions, and other entities are included in the non-residential section. Due to rising population and public knowledge of the advantages of water treatment, this category currently has a monopoly on the market. Small-scale businesses, industries, healthcare facilities, educational institutions, sporting venues, and transportation facilities are all included in the non-residential group. In 2021, there would be 103.4 million residential units needed. The exponential rise in residential development throughout the world is to blame for the segment's expansion.
By Regional Outlook:
Due to rising per capita incomes throughout the region and the presence of several point-of-use water treatment system manufacturers in China, Asia-Pacific is anticipated to have the biggest and fastest-growing point-of-use water treatment systems market during the projected period. The market for point-of-use water treatment systems is primarily driven by population growth. Due in major part to massive expenditures made for the development of the technology, China has a significant local presence of equipment suppliers and manufacturers that allow it to dominate the worldwide scene.
In 2021, Europe overtook Asia as the second-largest geographic market. In terms of revenue, the U.K. and Russia held the largest combined market share in Europe in 2021. In 2021, the United States led the North American market. North America is a well-developed market where consumers are well aware of the value of living a healthy lifestyle and having access to clean drinking water.
By Key Competitors and Market Share Analysis:
The market is slightly consolidated, with a few large companies accounting for the majority of revenue. The major businesses are concentrating their efforts on launching new items that will help them gain a firm foothold in the industry.
To increase their acceptance, businesses are making large investments in R&D and providing novel designs and expanded capabilities. Some businesses in this market conduct their operations in a socially responsible manner.
The following are some of the major market players operating across the globe:
- Pentair PLC (UK)
- Honeywell International (US)
- Panasonic Corporation (Japan)
- Unilever PLC (UK)
- LG Electronics (South Korea)
- Coway Co. Ltd. (South Korea)
- Best Water Technology AG (Austria)
- Toray Industries (Japan)
- AO Smith Corporation (US)
- Brita LP (America)
- Pentair PLC (US)
- Calligan International Company (US),
- Kent RO Systems Limited (India)
- Kowe Company Limited (South Korea)
- Catadin Group (Switzerland)
Scope of the report
|Actual estimates/Historical data||2017 - 2020|
|Forecast period||2022 - 2030|
|Market representation||Revenue in USD 54.5 billion & 19% CAGR from 2022 to 2030|
|Regional scope||North America, Europe, Asia Pacific, Latin America, MEA|
|Country scope||USA, Canada, Mexico, Brazil, Argentina, U.K., Germany, Italy, France, Spain, China, Japan, South Korea, India, Australia, Saudi Arabia, Qatar, UAE, South Africa, etc.|
|The Segment covered by||Technology, Application, Devuice|
|Companies covered||Emida, Pentair PLC (UK), Honeywell International (US), Panasonic Corporation (Japan), Unilever PLC (UK), LG Electronics (South Korea), Coway Co. Ltd. (South Korea), Best Water Technology AG (Austria), Toray Industries (Japan), AO Smith Corporation (US), Brita LP (America), Pentair PLC (US), Calligan International Company (US), , Kent RO Systems Limited (India), Kowe Company Limited (South Korea), Catadin Group (Switzerland)|
|Report coverage||Revenue forecast, company share, competitive landscape, growth factors, and trends|
|Free customization scope (equivalent to 5 analyst working days)||If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of the customization|
Major Highlights and USPs of Report:
- Detailed look Revenue, Sales and Production Analysis by Region/Country
- Company Market Share Analysis for 5 Years, Revenue, Sales, Price, and Gross Margin Analysis
- Porter Five Forces Analysis
- Market Dynamics (Driver, Restrain and Opportunities Analysis)
- Value Chain Analysis
- Porter Five Force Model
- Pestle Analysis
- Regulatory Framework
- Technology Roadmap
- The Market attractiveness analysis of each segment
- Marketing Strategy Analysis
- Direct Marketing
- Indirect Marketing
- Country Level Analysis
- Raw Material Analysis
- Cost Structure
- Recent Initiative by Key Players to Sustain in Competition
Available Array of Customizations:
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- Enlargement of scope and data forecasts until 2030.
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Segments Covered in the Report
This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2030. For the purpose of this report, Data Lab Forecast has segmented the global Point of Use Water Treatment Systems Market report on the basis of Technology, Application, Devuice, and region:
The report segment of the global Point of Use Water Treatment Systems market is as follows:
Global Point of Use Water Treatment Systems Market: By Technology Outlook (Revenue, USD Million, 2021 - 2030)
- Reverse Osmosis Systems
- Ultrafiltration Systems
- Distillation Systems
- Disinfection Techniques
- Filtration Methods
- Ion Exchange
Global Point of Use Water Treatment Systems Market: By Application Outlook (Revenue, USD Million, 2021 - 2030)
Global Point of Use Water Treatment Systems Market: By Devuice Outlook (Revenue, USD Million, 2021 - 2030)
- Table Top Pitchers
- Faucet-Mounted Filters
- Countertop Units
- Under-The-Sink Filters
Global Point of Use Water Treatment Systems Market: By Region Outlook (Revenue, USD Million, 2021 - 2030)
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- North America
- The U.S.
- Rest of North America
- Rest of Europe
- Asia Pacific
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- The Middle East and Africa
- GCC Countries
- South Africa
- Rest of The Middle East & Africa