New Technologies to Boost Sales of Water Purifiers across China
Deteriorating quality of freshwater, rapid
industrialization and increasing discharge of unmonitored wastewater in China
to propel the demand for water purifiers in the country through 2023
According to TechSci Research report, “China Water Purifiers Market, By Mode, By Type, By Technology,
Competition Forecast & Opportunities, 2013 – 2023”, China water purifiers market is
forecast to surpass $ 12 billion by 2023 owing to increasing contamination in
freshwater bodies in China. Large base of chemical, pharmaceutical, food &
beverage industries, etc., in Shanghai, Nanjing, Qingdao and Hangzhou, and
Eastern Chinese provinces discharge gallons of treated or untreated wastewater
in the rivers every day, which is turn creates necessity for proper
purification of water in the country, prior to residential and commercial use. Moreover,
increasing awareness towards water-borne diseases and concern regarding
sustainable development and water security emanates the need to opt for water
purification in China. Additionally, rising per capita income and increasing
healthcare expenditure in China further supports the demand for water purifiers
in the country.
Browse 32 market Figures and 4 Tables spread through 82 Pages and an in-depth TOC on "China Water Purifiers Market"
In value terms, reverse osmosis technology
based water purifiers were leading China water purifiers market in 2016 and are
expecting a healthy growth over the next five years. Furthermore, continuous
research and development activities to develop efficient and inexpensive
membrane water filtration technologies are positively influencing the demand
for water purifiers in China.
On the basis of technology, media water
purifiers hold the largest share, in volume terms, in China water purifiers market
owing to easy operability, low prices and high penetration in the rural areas
across the country. Among types, counter-top water purifiers are majorly
preferred in China. Midea holds the largest share in the China water purifiers
market followed by Zhejiang Qinyuan, Shenzhen Angel, etc. “Growing awareness
among people regarding problems related to contaminated water would positively
influence the demand for water purifiers in China. Moreover, focus of water
purifiers manufacturing companies on enhancing their after-sales services would
steer growth in water purifiers market in China”. said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
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“China Water Purifiers Market, By Mode, By Type, By Technology,
Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth
potential of 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 analyses the emerging trends
along with essential drivers, challenges and opportunities in China water
purifiers market.
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