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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 Kens 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 BW 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