Water Testing Market - Growth, Trends, and Forecast (2020 - 2025)

Global Water Testing Market is segmented by Test Type (Physical Test, Chemical Test, and Microbiological Test), By Technology (HPLC-based, LC-MS/MS-based, Immunoassay-based, Other Technologies); and by Geography.

Market Snapshot

Study Period:

2016-2025

Base Year:

2019

Fastest Growing Market:

Asia Pacific

Largest Market:

North America

CAGR:

7.33 %

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Market Overview

Global water testing market is  is projected to grow at a CAGR of 7.33% during the forecast period (2020 - 2025).

  • In the developing countries like India, owing to the increasing consumer awareness, they are expecting the consumable water should be safe and of high nutrition value. The rise in consumption of bacteria and chemical free water is driving the demand for water testing equipment’s across the globe.
  • The increasing regulatory support and legislation for high standard maintenance of food and beverage products, pharmaceuticals and other industries, are further increasing the application of chemically tested water.

 

Scope of the Report

Global water testing market is segmented by test type and technology. On the basis of test type, the market is segmented into physical test, chemical test, and microbiological test. Chemical test segment is further classified into pesticide and heavy chemical and others. On the basis of technology, the market is segmented into HPLC-based, LC-MS/MS-based, immunoassay-based, other technologies. On the basis of geography, the study provides an analysis of the water testing market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

By Test Type
Physical Test
Chemical Test
Pesticides
Heavy Metals and Others
Microbiological Test
By Technology
HPLC-based
LC-MS/MS-based
Immunoassay-based
Other Technologies
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Russia
Spain
Italy
Rest of Europe
Asia Pacific
India
China
Japan
Australia
Rest of Asia Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
South Africa
Saudi Arabia
Rest of Middle East and Africa

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Key Market Trends

Growing Demand for Bottled Water

The growing demand for bottled water can be attributed to consumer demand for high-quality drinking water, the fear of diseases as an aftermath of drinking contaminated tap water, and the easy portability and convenience provided by bottled water. Environmental pollution caused by plastic trash poses a challenge for the market’s growth. The consumption of bottled water leads to health hazards. However, the introduction of eco-friendly packaging and flavored water with regulated ingredients can provide an opportunity for the market growth.

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Asia-Pacific Witnessed a Significant Market Growth

The government of the developing countries like India and China are imposing stringent government regulations on the usage of water in various food & beverage products and is, therefore, posing as a barrier to entry for companies producing food, beverage, pharmaceutical products, where the application of the tested water is the highest. The government wants these companies to set up the water testing equipment in their factories and test the water according to the fixed norms.

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Competitive Landscape

Key players are focusing on the expansion of facilities and product portfolio, due to the growing demand for tested water in its application industry. Some of the major key players in the water testing market, globally includes SGS SA, Eurofins Scientific, Intertek Group plc, Merieux NutriSciences, TUV SUD, ALS Limited, among others.

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Table Of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porters Five Forces Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Test Type

      1. 5.1.1 Physical Test

      2. 5.1.2 Chemical Test

        1. 5.1.2.1 Pesticides

        2. 5.1.2.2 Heavy Metals and Others

      3. 5.1.3 Microbiological Test

    2. 5.2 By Technology

      1. 5.2.1 HPLC-based

      2. 5.2.2 LC-MS/MS-based

      3. 5.2.3 Immunoassay-based

      4. 5.2.4 Other Technologies

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Italy

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East and Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of Middle East and Africa

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Market Share Analysis

    2. 6.2 Most Active Companies

    3. 6.3 Most Adopted Strategy

    4. 6.4 Company Profiles

      1. 6.4.1 SGS SA

      2. 6.4.2 Eurofins Scientific

      3. 6.4.3 Intertek Group plc

      4. 6.4.4 Merieux NutriSciences

      5. 6.4.5 TUV SUD

      6. 6.4.6 ALS Limited

      7. 6.4.7 ASUREQUALITY LIMITED

      8. 6.4.8 UL LLC

      9. 6.4.9 NEOGEN

      10. 6.4.10 NSF International

  7. *List Not Exhaustive
  8. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

** Subject to Availability

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