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Point-of-use Water Treatment Systems Market Size, Industry Analysis Report Based on Application(Residential, Non-Residential), Based on Device(Table-top Pitchers, Faucet-mounted Filters, Counter-top units, Under-the-sink-filters), Based on Technology(Reverse Osmosis Systems, Ultrafiltration Systems, Distillation Systems, Disinfection Method, Filtration Methods, Ion Exchange) & Region - Forecasts

  • PUBLISHED ON
  • 2024-02-08
  • NO OF PAGES
  • 244
  • CATEGORY
  • Machinery & Heavy Industry

Global Point-of-use Water Treatment Systems Market Analysis by Device, Application, Technology, Region and segments forecast till 2033

Market Overview

The Global Point-of-use water treatment systems market valued at US USD 20,300 million in 2022 is anticipated to reach a value of US USD 123,330 million in 2033, growing at a CAGR of 25.3%.

Report Scope

Report Attributes

Description

Market Forecast in 2022

USD 20,300 Million

Market Forecast in 2033

USD 123,330 Million

CAGR % 2023-2033

25.3%

Base Year

2022

Historic Data

2020-2021

Forecast Period

2023-2033

Report USP

Device, Consumption, company share, company heatmap, company Material Device capacity, growth factors and more

Segments Covered

Device, Application, Technology

Regional Scope

North America, Europe, APAC, South America and Middle East and Africa

Country Scope

U.S.; Canada; U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia; China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico; Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria

Key Companies

3M; Koninklijke Philips N.V.; Pentair; Panasonic Holdings Corporation; Unilever; LG Electronics; EcoWater Systems LLC; A.O. Smith; Culligan; Amway Corp.

 

Point-of-use (POU) water filters are designed to reduce or remove waterborne contaminants, including pathogens, right at the end of the water system at the faucet or shower. As water flows through the POU filter, the filtration technology retains harmful pathogens, which ultimately improves water quality. The filters are especially valuable in healthcare settings, particularly when patients may be immunocompromised. Studies show these filters can reduce infections and healthcare costs by preventing waterborne pathogens from reaching the patient.

A POU water filter should be microbial-rated or be sterilizing-grade. This means the POU filter should be tested to the current active ASTM Standard F838, which requires challenging the filter with a specified concentration of a very small bacteria to determine how well the filter retains the organism.

The point-of-use water treatment systems market is expected to witness significant growth in the future due to the increasing demand for clean drinking water and increasing water contamination. Growing human population, growing awareness about the benefits of water treatment, and technological innovations in the water treatment industry will also robust the market growth. Stringent regulatory guidelines to restrict pollution in drinking water and global health awareness offered to augment the adoption of water treatment systems are predicted to drive the market over the forecast period.

Trends: Increasing water contamination

Water contamination occurs when pollutants are directly or indirectly discharged into the water without adequate treatment to remove harmful contaminants. The most important water contaminants created by human activities are microbial pathogens, nutrients, heavy metals, and persistent organic matter, as well as suspended sediments, pesticides, and oxygen-consuming substances. Heat, which raises water temperature, can also be a pollutant. Pollutants are typically the cause of major water quality degradation.

Challenge: Aging infrastructure

The challenge of aging infrastructure is mostly faced in developed countries. These countries built water treatment infrastructure decades ago and still use these old systems. Huge investments are needed in reinstalling and upgrading these old infrastructures.

Device Insights

Table-top pitchers held the largest revenue share of over 30.0%, mainly owing to the affordability of the product, coupled with convenience in use. Faucet mounted filters are estimated to expand at a significant CAGR of 19.3% over the forecast period, in terms of revenue. These filters find wide adoption, especially in developing regions like India and South Africa.

Application Insights

The Non-residential segment dominated the market for point of use water treatment systems and held a revenue share of over 60.0%.

Technology Insights

Reverse osmosis systems led the market with a revenue share of over 30.0% principally owing to the extensive penetration of this technology and the hassle-free installation and usage. RO systems demand was 100.9 million units globally among other point of use water treatment systems.

Regional Insights

The Global Point-of-use treatment systems market is further segmented into five major countries- North America, Europe, Asia-pacific, Latin America and Middle East and Africa.

Asia Pacific dominated the global market with a revenue share. China has a large presence of local manufacturers and suppliers of the equipment helping it dominate the global scenario, primarily due to large-scale investments made for developing the technology. Increasing awareness of the importance of clean and safe drinking water has been driving the growth of the point-of-use treatment systems market in Japan. In order to promote the adoption of these systems, the Japanese government has implemented various initiatives such as introducing regulations and standards for water treatment systems, including point-of-use treatment systems, which has helped to boost consumer confidence. The point-of-use treatment systems market in South Korea is experiencing significant growth due to several factors. One of the main drivers of this growth is the increasing awareness among consumers about the importance of water safety and the need for clean drinking water. Additionally, the South Korean government has implemented initiatives to improve water quality and accessibility, which has created a favorable environment for the growth of the point-of-use treatment systems market.

Competitive Analysis

3M; Koninklijke Philips N.V.; Pentair; Panasonic Holdings Corporation; Unilever; LG Electronics; EcoWater Systems LLC; A.O. Smith; Culligan; Amway Corp.

·         In 2021, 3M launched a new point-of-use filtration system, the 3M ScaleGard Blend Series, which is designed to reduce sediment, chlorine taste and odor, and scale build-up in water used for coffee and espresso machines.

·         In 2020, Pentair plc announced the acquisition of Ken’s Beverage, Inc., a provider of beverage equipment and services, including point-of-use filtration systems for commercial customers.

·         In 2020, Honeywell International Inc. announced the launch of its Honeywell BWâ„¢ Ultra, a portable gas detector that can be used in a wide range of industries, including water treatment and wastewater management.

·         In 2019, Culligan International Company announced the acquisition of Pure Water Technology, a provider of point-of-use drinking water systems for commercial and residential customers.

Global Point-of-use Water Treatment Systems Market- Segmental Analysis

Based on Application

• Residential

• Non-Residential

Based on Device

• Table-top Pitchers

• Faucet-mounted Filters

• Counter-top units

• Under-the-sink-filters

• Others

Based on Technology

• Reverse Osmosis Systems

• Ultrafiltration Systems

• Distillation Systems

• Disinfection Method

• Filtration Methods

• Ion Exchange

• Others

Why to buy this Report?

The report provides quantitative and qualitative aspect for Global Point-of-use Water Treatment Systems Market in terms of value and volume, along with supporting market trends, challenges, restraints.

The report provides an in depth analysis from both Deviceion and consumption point of view at the regional and country level. Key Factors considered within the report scope are Deviceion capacity by countries/regions, average price, consumption ratio, revenue earned and gross margin.

The report provides competitive analysis of around 30-50 companies operated in Global Point-of-use Water Treatment Systems Market, these companies are bifurcated into niche players, the leaders and major contenders. The companies are analyzed in terms of following factors such as:

•             Business Model

•             Deviceion Capacity, Revenue, Sales, Gross Margin

•             Key Business Strategy

•             SWOT Analysis

In terms of competitive landscape, the report provides distinctive factors that would help the Card Device in taking a key decision within the business:

•             Company Share Analysis from 2020-2022

•             Company Analysis by Revenue and Sales

•             Company Device Capacity, Gross Margin

•             Company Share Analysis by Card Device/Card Device

•             Company Share Analysis by Device/Specification


Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached We Market Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.

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