Residential Water Treatment Devices

Residential Water Treatment Devices Market - Global
Industry Insights, Trends, Outlook and Opportunity
Analysis, 2018-2026
Residential water treatment devices are used to remove impurities by reducing the
contamination level in water using a physical barrier, followed by processes of
filtration and various others. Water treatment devices are used for various purposes,
which majorly depends on the type of water. For instance, reverse osmosis system is
most widely used for drinking water purpose. National Sanitation Foundation (NSF)
is responsible for the certification of the different types of filters that are used to treat
various types of waters.
Increasing awareness about water-borne illnesses such as typhoid, cholera, and
diarrhea has resulted in the installation of home water treatment devices by
consumers. Further, increasing purchasing power among the consumers is major
factor fuelling the growth of water treatment devices market globally.
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The high price of water treatment devices coupled with high installation costs for the
same refrain price-sensitive consumers from installing such devices, which is one of
the major factors hindering the growth of the market. However, the impact of this
restraint is expected to minimize by the end of the forecast period due to increasing
incidences of waterborne diseases. For instance, in 2016, approximately 130,000
cases of cholera and more than 2000 deaths were reported by the World Health
Organization (WHO). Asia Pacific accounted for 15% of the reported cases while
Africa accounted for more than 50% for the same. However, this is expected to
minimize by the end of the forecast period.
Residential water treatment devices Market Outlook:
● Although the water treatment devices market in Europe is experiencing a slow
growth, it is expected to gain sufficient traction towards the end of the forecast
period. Currently, Germany, U.K., and France are the major contributors to
the growth of the Residential water treatment According to World Health
Organization (WHO), in 2015, out of 912 million people living in the WHO
European region, more than 60 million people were devoid of proper water
sanitation facilities and an additional 14 million people could not use the basic
source of drinking water. Diseases such as diarrhea, hepatitis A, and
legionellosis the common diseases that are associated with inadequate water
treatment. Increasing consumer exposure to various types of water treatment
devices and increasing awareness about waterborne diseases is expected to
propel the growth of Residential water treatment market in near future.
● North America is the largest region in residential water treatment devices
market. The U.S has the largest water treatment device market followed by
Canada. The U.S has reported several cases of gastrointestinal illness every
year. Diseases such as cryptosporidiosis, giardiasis, and otitis results in
approximately 40,000 hospital cases annually, thereby resulting in expenses
amounting to billions.
● Asia Pacific is the fastest growing region in residential water treatment
devices market. Microbial contamination and chemicals such as arsenic,
fluoride, and nitriles are commonly found in this region. Increasing awareness
about the different type of diseases caused by contaminated water, followed
by increasing consumer awareness about the same through campaigns, and
initiatives taken up by the regulating bodies are expected to fuel the growth
of residential water treatment market in near future. China and India are the
heavily populated economies in Asia Pacific, therefore the proper
implementation of water treatment devices is expected to boost the growth of
the residential water treatment devices market in Asia Pacific. China’s 13th
five-year plan has strict targets regarding the quality of drinking water, which
is a major driver for the growth of residential treatment device market.
Key players in the Residential Water Treatment Devices Market:
Some of the major player operating residential water treatment device market
include The Dow Chemical Company, Honeywell International Inc., Panasonic
Corporation, LG Electronics Inc., Best Water Technology (BWT Aktiengesellschaft),
Danaher Corporation, Culligan International, Unilever PLC, Watts Water
Technologies Inc., and Calgon Carbon Corporation.
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Residential Water Treatment Devices Market report categorizes global market By Application (Point-of-Entry and Point-of-Use) By Device Type (Faucet-mounted filters, Tabletop Pitchers, Countertop Units, and Others), By Technology (Membrane Filtration, Ultraviolet, Reverse Osmosis, Others), and By Distribution Channel (Wholesaler, Retailer, Supermarket, Others) - Global Industry Insights, Trends, Outlook and Opportunity Analysis, 2018-2026

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