A O Smith Water Purifier Ranked 1st in Customer Satisfaction For Product Quality
Growing
consumer awareness regarding waterborne diseases, deteriorating drinking water
quality and robust growth of industrial sector to fuel demand for water
purifiers in Vietnam during the forecast period
According
to TechSci Research report, “Vietnam
Water Purifiers Market By Technology, By Sales Channel, Competition
Forecast & Opportunities, 2013 – 2023”, Vietnam water purifiers
market is projected to surpass $ 208 million by 2023. Increasing urbanization,
deteriorating quality of freshwater due to rapid industrialization and growing
untreated effluent discharge by industries into the Hong River (Red River of
Asia) is anticipated to fuel the sales of water purifiers in the country. With growing
awareness regarding waterborne diseases, surging internet penetration and
rising disposable income, demand for reserve osmosis membrane, ultraviolet as
well as media water purifiers is anticipated to increase in Vietnam until 2023.
Browse 38 market data Figures and Tables spread through 76
Pages and an in-depth TOC on "Vietnam Water Purifiers Market"
https://www.techsciresearch.com/report/vietnam-water-purifiers-market/1768.html
According to customer
satisfaction survey A O Smith Ranked #1 in product quality. In 2017, reverse
osmosis membrane water purifiers garnered the largest market share, owing to
their excellent performance and high efficiency in purifying contaminated
water. Additionally, these water purifiers are highly effective in removing
arsenic content from drinking water, thereby strengthening their sales in
highly polluted areas, majorly from the cities Hanoi and Ho Minh Chi in North
and South Vietnam. Over the next five years, expanding working class
population coupled with rapid urbanization is expected to further augment
demand for water purifiers across the country.
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“Vietnam water purifiers market is highly
competitive owing to the presence of various domestic as well as global players.
Majority of water purifier sales in the country are made through prevailing retail
channels. Consequently, strong distribution channel and high customer reach
provide a competitive advantage to the companies operating in Vietnam water
purifiers market.”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Vietnam
Water Purifiers Market By Technology, By Sales Channel, Competition
Forecast & Opportunities, 2013 – 2023” has evaluated the future growth
potential of Vietnam water purifiers market and provides statistics and information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in Vietnam water
purifiers market.
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