South Africa Water Purifiers Market to Surpass $ 285 Million Mark by 2022
Depleting
freshwater sources, increasing risk of waterborne diseases and lack of access
to safe drinking water to fuel South Africa water purifiers market through 2022
According to
TechSci Research report, “South
Africa Water Purifiers Market By Technology, By Sales Channel, Competition
Forecast & Opportunities, 2012 – 2022”, South Africa water purifiers market
is projected to surpass $ 285 million by 2022. Growth in the market is
anticipated on account of deteriorating quality of water, growing concerns
regarding water scarcity, rapid industrialization and rising working class
population in the country. Moreover, increasing awareness about waterborne
diseases and growing per capita income is also expected to boost the sales of
water purifiers in the country over the coming years.
Lack of access to freshwater sources in various rural
as well as urban regions of the country is widening the freshwater
demand-supply gap. However, technological advancements in water purification
technology, coupled with rising number of government initiatives and
investments to address the issues related to waterborne diseases are expected
to act as driving forces boosting water purifier sales in South Africa. Furthermore,
prevalence of high levels of total dissolved solids in freshwater across the country
is also contributing towards the growing need for water purifiers.
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“South Africa water purifiers market is an import-driven
market, and consequently, Chinese & Indian manufacturers of water purifiers
are capitalizing on this opportunity, owing to low manufacturing cost and easy
availability of technical workforce in the countries. Moreover, continuously
improving water purification technologies is lowering down the raw material prices,
which is resulting in manufacturers and suppliers generating strong profit
margins.”, said Mr. Karan Chechi, Research Director with TechSci Research, a
research based global management consulting firm.
“South Africa Water Purifiers Market By Technology, By
Sales Channel, Competition Forecast & Opportunities, 2012 – 2022” has evaluated the future growth
potential of South Africa water purifiers market and provides statistics and information on market
size, structure and trends. 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 South Africa water
purifiers market.
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