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Market: Water purifier industry set for 8.18% CAGR

Fiinews by Fiinews
January 25, 2025
in Markets
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Sector faces costs associated with initial setup of systems

The Indian Water Purifier Market is set for a robust Compound Annual Growth Rate (CAGR) of 8.18% between 2025 and 2033, according to a report on the sector https://water.org/.

It is forecast to reach US$7.83 billion by 2033 from US$3.86 billion in 2024, given the escalating need for safe drinking water in the country.

“The necessity for purified water in urban and rural settings paves the way for this advancement, marking a significant turn towards health and well-being,” says the ‘India Water Purifier Market’ report which has been added to ResearchAndMarkets.com offering.

Technological innovation remains a key driver in the market’s expansion. With Reverse Osmosis (RO), Ultraviolet (UV) purification, and activated carbon filters at the forefront, purifiers are tackling high levels of dissolved solids and bacterial contamination, ensuring safer consumption of water.

The rising concerns over waterborne diseases, spurred by government initiatives and burgeoning urbanization, act as major catalysts for the market’s growth. An increasing consumer base, attuned to the health implications of water quality, is expected to propel the adoption of water purifiers in residential, commercial, and industrial spaces across India.

The demand for water purifiers in Northern and Central India is experiencing a marked increase due to high levels of contamination and awareness. In the South, urban populations and awareness of waterborne diseases have fueled the market. Similar growth trends are evident in Western and Eastern regions, with high salinity levels, pollution, and a burgeoning health-conscious populace driving the market forward, said the report.

Despite the optimistic outlook, the market confronts hurdles such as the considerable costs associated with the initial setup and maintenance of advanced purification systems.

These costs temper the rate of market penetration, especially in rural and semi-urban areas where affordability is still a significant barrier, it said.

Additionally, rural regions require heightened awareness and education concerning the benefits of water purification to mitigate the spread of waterborne diseases.

Prominent players in the market are:

Eureka Forbes Ltd

KENT RO Systems Ltd

Hindustan Unilever Limited

A.O. Smith India Water Products Pvt Ltd

Livpure Smart Homes Private Limited

Aquafresh RO System

Havells India Limited

Blue Star Limited

BRITA India Water Solutions Pvt Ltd

3M India Limited. Fiinews.com

Tags: ResearchAndMarkets.com
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