Increasing Consumer Awareness to Boost Sales of Water Purifiers in Vietnam up to $219 Million by 2023
Growing
awareness among people regarding waterborne diseases along with deteriorating
drinking water quality to fuel demand for water purifiers in Vietnam through
2023
According
to TechSci Research report, “Vietnam Water Purifiers Market By Mode, By
Type, By Technology, Competition Forecast & Opportunities, 2013 – 2023”,
Vietnam water purifiers market is projected to surpass $ 219 million by 2023. Increasing
urbanization, deteriorating quality of freshwater due to rapid
industrialization and discharge of untreated effluents by industries into the
Hong River (Red River of Asia) is anticipated to fuel the sales of water
purifiers in the country. Moreover, growing awareness regarding waterborne
diseases, surging internet penetration and rising disposable income are further
likely to surge demand for water purifiers with different technologies, such
as, reserve osmosis, ultraviolet as well as media, during the forecast period.
Browse 37 market Figures and Tables spread
through 78 Pages and an in-depth TOC on "Vietnam
Water Purifiers Market"
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On the basis of type, Vietnam
water purifiers market is broadly segmented into under sink, counter top, and
faucet mount water purifiers. Of all water purifier types, under sink water purifiers
dominate Vietnam water purifiers market, and the segment is expected to
continue its dominance during the forecast period as well. In 2017, reverse
osmosis technology based water purifiers garnered the largest market share, in
value terms, owing to their excellent performance and high efficiency in
purifying contaminated water. Additionally, these water purifiers are highly
effective in removing arsenic content and total dissolved solid contents from
drinking water, thereby strengthening their sales in highly polluted areas,
majorly from the metropolitan cities Hanoi and Ho Chi Minh City in North and
South Vietnam.
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Kangaroo,
Karofi and Sunhouse are some the leading companies in Vietnam water purifiers
market. “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 already
operating in Vietnam water purifiers market.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Vietnam WaterPurifiers Market By Mode, By Type, By Technology, 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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