Overview and Scope
The point-of-use water treatment systems refer to an approach that involves the installation of a water treatment device on a single faucet for the purpose of eliminating contaminants in drinking water. POU devices are widely used in households to improve water quality. These devices are also installed by private well owners or public water suppliers to meet drinking water quality standards.
Sizing and Forecast
The point-of-use water treatment systems market size has grown rapidly in recent years. It will grow from $18.54 billion in 2023 to $20.7 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to increasing water contamination concerns, rising health consciousness, stringent regulations, urbanization and infrastructure challenges.
The point-of-use water treatment systems market size is expected to see strong growth in the next few years. It will grow to $30.17 billion in 2028 at a compound annual growth rate (CAGR) of 9.9%. The growth in the forecast period can be attributed to global water scarcity, consumer preference for sustainability, government initiatives. Major trends in the forecast period include smart technology integration, technological advancements, smart technology integration, customization and modularity, advancements in filtration technologies, collaborations and partnerships.
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Segmentation & Regional Insights
The point-of-use water treatment systems market covered in this report is segmented –
1) By Product Type: Under The Counter Filters, Counter Top Filters, Pitcher Filters, Faucet Mounted Filters, Other Product Types
2) By Technology: Reverse Osmosis Systems, Ultrafiltration Systems, Distillation Systems, Disinfection Methods, Chlorination, UV Radiation, Ozonation, Filtration Methods, Activated Carbon Filters, Mechanical Filters, Bio-Sand Filters
3) By Application: Residential, Non-Residential
Top Major Players
Honeywell International Inc.
Pentair plc
Panasonic Corporation
Eureka Forbes Limited
BWT Aktiengesellschaft
Asia-Pacific was the largest region in the point-of-use water treatment systems market in 2023. Asia-Pacific is expected to be the fastest-growing region in the point-of-use water treatment systems market share during the forecast period. The regions covered in the point-of-use water treatment systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The rise in the prevalence of water-borne diseases is driving the growth of the point-of-use water treatment systems market. Waterborne diseases are diseases caused by drinking water contaminated with pathogenic microorganisms such as protozoa, viruses, bacteria, and intestinal parasites. For instance, within developing countries, 1.8 million people die every year from waterborne diseases. Of these deaths, over 90% are children under the age of five. Therefore, the increasing prevalence of water-borne diseases drives the point-of-use water treatment systems market.
Key Industry Players
Major companies operating in the point-of-use water treatment systems market report are Honeywell International Inc., Pentair plc, Panasonic Corporation, Eureka Forbes Limited, BWT Aktiengesellschaft, A. O. Smith Corporation, Unilever PLC, LG Electronics Inc., WaterFilters. NET, Toray Industries Inc., Kent RO Systems Ltd., Instapure Brands Inc., Helen of Troy Limited, Koninklijke Philips N. V., 3M Company, Amway Corp., Brita LP, Calgon Carbon Corporation, Coway Co. Ltd., Culligan International Company, Danaher Corporation, EcoWater Systems LLC, General Electric Company, Katadyn Group, Watts Water Technologies Inc., Aquasana Inc., Everpure LLC, Kinetico Incorporated, Enviro Water Solutions Inc., Pure & Secure LLC
The point-of-use water treatment systems market report table of contents includes:
1. Executive Summary
2. Point-of-Use Water Treatment Systems Market Characteristics
3. Point-of-Use Water Treatment Systems Market Trends And Strategies
4. Point-of-Use Water Treatment Systems Market - Macro Economic Scenario
5. Global Point-of-Use Water Treatment Systems Market Size and Growth
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31. Global Point-of-Use Water Treatment Systems Market Competitive Benchmarking
32. Global Point-of-Use Water Treatment Systems Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Point-of-Use Water Treatment Systems Market
34. Point-of-Use Water Treatment Systems Market Future Outlook and Potential Analysis
35. Appendix
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The global point of use water treatment systems market size is anticipated to witness significant growth on account of the increasing levels of water pollution, attributed to the rise in urbanization and industrialization, coupled with the increasing importance of clean water.
As per a recent report by Fortune Business Insights titled, "Point of use water treatment systems market Size, Share & Industry Analysis, By Product Type (Under The Counter Filters, Counter Top Filters, Pitcher Filters, Faucet-mounted Filters, and Others), By Category (RO Filters, UV Filters, Gravity Filters, and Others), By Application (Residential and Light Commercial) and Regional Forecast, 2020-2027," the market value stood at USD 17.30 Billion in 2019 and is anticipated to rise at a CAGR of 8.1%to reach USD 32.20 Billion by 2027.
The outbreak of COVID-19 is expected to have a significant impact on the growth of the market.
The year-on-year growth rate is estimated to decline for the next two years as compared to the earlier.
List of key Companies Profiled in the vendors in the Point of Use (POU) Water Treatment Systems Market Research Report are:Global Water Solutions Ltd. (USA)Panasonic Corporation (Japan)Best Water Technology Group (Austria)Katadyn Group (Switzerland)General Ecology Inc. (USA)A. O. Smith Corporation (USA)Culligan International Company (USA)LG Electronics (South Korea)Kent RO Systems Ltd. (India)Eureka Forbes Ltd. (India)Brita LP (USA)Unilever PLC (UK)Helen of Troy Limited (USA)Coway Co. Ltd. (South Korea)Pentair PLC (USA)Other vendorsDrivers & Restraints:Advent of Smart Water Treatment Systems will Add Impetus to MarketThe increasing levels of water pollution, rise in prevalence of water-borne diseases such as typhoid, cholera, malaria, anemia, dengue, and others, and the rising importance of clean drinking water are the major point of use water treatment systems market growth drivers.
In addition to this, the implementation of advanced technology in terms of water purification systems primarily focuses on removing harmful contaminants, and complete water purification for home and light commercial buildings, thereby adding impetus to the market.On the negative side, water purification systems such as ultra-violet filters and reverse osmosis filters are expensive and the maintenance costs of such systems are also high.
Global Point-of-Use Water Treatment Systems Market Information by Technology (Filtration, Reverse osmosis, water softener, distillation, sedimentation, and others) by Application (Commercial, Industrial, and Infrastructure) and Region - Forecast to 2021Global Water Treatment Systems Market – OverviewThe increased need for making available clean water to a rapidly growing population is growing the market demand for water treatment systems.
The market is projected to develop at an excellent CAGR in the forecast period.The government authorities and private bodies are actively taking steps to ensure good water quality and thus reducing the occurrence of water-borne diseases.
The regions that are counted in the water treatment systems market are Europe, North America, Asia Pacific and Rest of the World.Detailed Regional Analysis The regional analysis of the water treatment systems market spans regions such as Europe, North America, Asia Pacific and Rest of the World.
The Asia Pacific region controls the water treatment systems market globally with its speedily increasing market globally.
As the Asia Pacific region is one of the major customer sources for water treatment systems, specifically in countries such as China and India.
The competitive outlook for the market is expected to diversify significantly in the coming period.
