Market Size of Global Residential Water Treatment Devices Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 5.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Residential Water Treatment Devices Market Analysis
After COVID-19, a sizable population's growing knowledge of the value of clean water has proven to be a key growth opportunity for the market for residential water treatment devices. The prevalence of water-borne illnesses like cholera and E. coli is on the rise, which highlights the need for clean water. After the pandemic, individuals started to care more about their health, which caused a boom in the industry.
The World Health Organization (WHO) estimates that 1.8 million people die each year as a result of waterborne illnesses. 2.1 billion people lack access to clean drinking water at home, according to the WHO. These figures are concerning, and household water treatment systems can aid in reducing the risk of waterborne illnesses and other issues that one can have as a result of unsafe or contaminated water.
Therefore, the market for home water treatment equipment is greatly encouraged by these factors. Residential water treatment systems make drinking water safe to consume by removing dangerous chemicals, gases, suspended solids, and biological impurities. Sales have increased consistently over the years as a result of better purification and filtration equipment accessibility, a wide range of product options, and population growth.
