Press Release

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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