Thailand Water Purifiers Market to Cross $ 300 Million by 2023
Technological advancements,
international collaboration introducing innovative products and growing sales convenience through e-commerce
platform to drive Thailand water purifiers market through 2023
According to TechSci Research report “Thailand Water Purifiers Market By Mode, By Type, By Technology, Competition Forecast &
Opportunities, 2013 – 2023’’, water purifiers
market in the country is forecast to reach $ 318 million by 2023, on account of
growing consumer awareness regarding waterborne diseases, high chlorine
content in municipal water and increasing health concerns. Additionally, rising
disposable income, increasing urbanization, and increasing companies’ focus on expanding their market to tier II and
tier III cities is also likely to propel the demand for water purifiers in
Thailand during the forecast period.
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top water purifiers hold the largest share in Thailand water purifiers market,
owing to their price advantage and easy maintenance. On the basis of
technology, ultra violet and reverse osmosis based water purifiers dominated
the market in 2017 as they provide better purification, dichlorination of
potable water along with removal of germs and impurities from water. E-commerce
platform is the most preferred mode of purchase for water purifiers in the
country, as it offers fast delivery period, ease of comparison, lower prices in
comparison with retail market, discounts, and several other benefits.
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“As
of 2017, Bangkok and North East regions account for the largest share in Thailand
water purifiers market. Number of connections for water supply in the two regions
grew from around 2.17 million in 2013 to 2.28 million by 2016. Bangkok and
north-eastern regions are expected to experience strong demand for water
purifiers in the coming years, owing to rising disposable income and increasing
urban population”, said Mr. Karan Chechi, Research Director with TechSci
Research, a research based global management consulting firm.
“Thailand Water Purifiers Market By Mode, By Type, By Technology,
Competition Forecast & Opportunities, 2013 – 2023” has
evaluated the future growth potential of Thailand 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 in the market.
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