Water Testing Market Size (2024 - 2029)

The water testing market is projected to experience growth over the forecast period, driven by increased consumer awareness and regulatory support. The COVID-19 pandemic heightened concerns about water safety, leading to greater demand for testing services and equipment. This demand is further fueled by the need to prevent water-borne diseases and ensure the safety of water-based products. In developing countries, the emphasis on safe and nutritious consumable water is also contributing to market expansion. Additionally, stringent regulations in the food and beverage and pharmaceutical industries are enhancing the need for tested water, thereby influencing the market size positively.

Market Size of Water Testing Industry

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Water Testing Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 4.35 Billion
Market Size (2029) USD 5.70 Billion
CAGR (2024 - 2029) 5.57 %
Fastest Growing Market Asia-Pacific
Largest Market North America

Major Players

Water Testing Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Water Testing Market Analysis

The Water Testing Market size is estimated at USD 4.35 billion in 2024, and is expected to reach USD 5.70 billion by 2029, growing at a CAGR of 5.57% during the forecast period (2024-2029).

  • The COVID-19 pandemic had a significant impact on the global water testing market as it affected consumers' lifestyles and increased their chances of spreading coronavirus. Thus, the water and supply chain industries were impacted as consumers became more concerned regarding the security and safety of water-based products. Additionally, in the wake of the pandemic, government bodies, agencies, and Non-Government Organizations have also been contributing significantly to the rising demand for safety across the country.
  • For instance, during the time of this pandemic, the United States Food and Drug Administration (FDA) and Federal Trade Commission (FTC) have been closely watching for misleading product claims around COVID-19 prevention or treatment, and even a general 'immunity' claim on a product can be considered an implied claim about COVID-19.
  • Over the long term, in developing countries like India, consumable water is expected to be safe and of high nutritional value due to increasing consumer awareness. The rise in consumption of bacteria- and chemical-free water is driving the demand for water testing equipment across the globe.
  • Additionally, rising incidences of water-borne diseases, such as typhoid, dysentery, and cholera, are playing a major role in market growth. According to the World Health Organization (WHO), in 2022, approximately 8,29,000 people per year die from diarrheal disease as a result of poor hand hygiene, sanitation, and drinking water. However, diarrhea is largely preventable, and if these risk factors are addressed, infant deaths under the age of five per year may be averted, which is expected to be one of the key drivers for the market over the forecast period.
  • Furthermore, the increasing regulatory support and legislation for high standard maintenance of food and beverage products, pharmaceuticals, and other industries, are further increasing the applications of chemically te/sted water. For instance, with the passage of the Food Safety Modernization Act and the Safe Food for Canadians Act, the food safety laws of the United States and Canada have undergone significant modifications recently. Governments have a vested interest in making sure that their food items are safe to eat and adhere to food safety rules.

Water Testing Industry Segmentation

Water testing is carried out to meet regulatory requirements and adhere to the safety procedures required for pollutant-free water. This is a broad concept that involves several procedures to analyze and evaluate the quality of water. 

The water testing market is segmented by test type, technology, and geography. Based on test type, the market is segmented into physical tests, chemical tests, and microbiological tests. The chemical test is further sub-segmented into pesticides and heavy metals, and others. By technology, the market is segmented into HPLC-based, LC-MS/MS-based, immunoassay-based, and other technologies. By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, Middle-East and Africa. 

For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).

Test Type
Physical Test
Chemical Test
Pesticides
Heavy Metals and Others
Microbiological Test
Technology
HPLC-based
LC-MS/MS-based
Immunoassay-based
Other Technologies
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
Spain
France
Italy
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
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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Water Testing Market Size Summary

The water testing market is poised for significant growth, driven by increasing consumer awareness and regulatory demands for safe and clean water. The market has been influenced by the COVID-19 pandemic, which heightened concerns about water safety and prompted regulatory bodies to enforce stricter standards. This has led to a surge in demand for water testing equipment, particularly in developing countries where the safety of consumable water is a growing concern. The rise in waterborne diseases and the need for bacteria- and chemical-free water are key factors propelling the market forward. Additionally, the implementation of stringent regulations in industries such as food and beverage, pharmaceuticals, and others has further expanded the applications of water testing.

Technological advancements and enhanced detection methods have also contributed to the market's expansion, especially in developed economies. The focus on rapid microbiological tests and the development of innovative testing solutions, such as enzyme-substrate medium-based kits, underscore the industry's commitment to ensuring water safety. Key players in the market, including SGS SA, Eurofins Scientific, and Intertek Group PLC, are expanding their facilities and product offerings to meet the growing demand. The competitive landscape is characterized by a focus on service diversification, geographical expansion, and technological innovation, all aimed at maintaining a leading edge in the water testing market.

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Water Testing Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Forces Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Test Type

      1. 2.1.1 Physical Test

      2. 2.1.2 Chemical Test

        1. 2.1.2.1 Pesticides

        2. 2.1.2.2 Heavy Metals and Others

      3. 2.1.3 Microbiological Test

    2. 2.2 Technology

      1. 2.2.1 HPLC-based

      2. 2.2.2 LC-MS/MS-based

      3. 2.2.3 Immunoassay-based

      4. 2.2.4 Other Technologies

    3. 2.3 Geography

      1. 2.3.1 North America

        1. 2.3.1.1 United States

        2. 2.3.1.2 Canada

        3. 2.3.1.3 Mexico

        4. 2.3.1.4 Rest of North America

      2. 2.3.2 Europe

        1. 2.3.2.1 United Kingdom

        2. 2.3.2.2 Germany

        3. 2.3.2.3 Spain

        4. 2.3.2.4 France

        5. 2.3.2.5 Italy

        6. 2.3.2.6 Russia

        7. 2.3.2.7 Rest of Europe

      3. 2.3.3 Asia-Pacific

        1. 2.3.3.1 China

        2. 2.3.3.2 Japan

        3. 2.3.3.3 India

        4. 2.3.3.4 Australia

        5. 2.3.3.5 Rest of Asia-Pacific

      4. 2.3.4 South America

        1. 2.3.4.1 Brazil

        2. 2.3.4.2 Argentina

        3. 2.3.4.3 Rest of South America

      5. 2.3.5 Middle-East and Africa

        1. 2.3.5.1 South Africa

        2. 2.3.5.2 Saudi Arabia

        3. 2.3.5.3 Rest of Middle-East and Africa

Water Testing Market Size FAQs

The Water Testing Market size is expected to reach USD 4.35 billion in 2024 and grow at a CAGR of 5.57% to reach USD 5.70 billion by 2029.

In 2024, the Water Testing Market size is expected to reach USD 4.35 billion.

Water Testing Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)