Water Purifier Sales in India to Reach $ 4.8 Billion by 2023
Rising urban population, deteriorating water
quality and depleting fresh ground water is expected to boost India water
purifiers market through 2023
According to a recently
published TechSci Research report, “India Water Purifiers Market By Type, By
Application, By Sales Channel, Competition Forecast & Opportunities, 2013 -
2023’’, the country’s water purifiers market is projected to cross
$ 4.8 billion by 2023. Rising demand for clean water, deteriorating ground
water quality, coupled with various initiatives by the Government of India such as, Smart
City Mission, AMRUT, ‘Make in India’ Initiative, Bharatmala project, etc., are expected to boost demand for water purifiers in
the country during 2018-2023. Moreover, robust growth in industrial &
commercial sectors and increasing use of Low Temperature Thermal Desalination
(LTTD) process are other factors likely to positively influence India water
purifiers market during the forecast period.
Browse 11 Tables and 87 Figures spread through 143 Pages and an in-depth TOC on "India
Water Purifiers Market"
https://www.techsciresearch.com/report/india-water-purifiers-market/2600.html
India water purifiers market is forecast to witness a double digit CAGR during
2018-2023. POE type of water purifiers accounted for the largest value share in
India water purifiers market in 2017 and the product segment is likely to
maintain its dominance throughout the forecast period as well. Among different
purification technologies, ultraviolet
& reverse osmosis are the most preferred technologies in India water
purifiers market due to their wide
acceptance across municipalities, residential and commercial end use applications.
Over the years, RO technology has been gaining market traction as it requires
minimal use of chemicals and has no negative impact on environment. Some of the
major companies operating in India water purifiers market include Thermax India Limited, VA Tech Wabag Ltd., Eureka
Forbes Limited, and Kent RO Systems Ltd., among others.
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“High demand for potable
water from municipal and industrial sector is likely to propel demand for water
purifiers across India. Moreover, India water purifiers market is highly
competitive and fragmented. Therefore, manufacturers are increasingly focusing on
enhancing their competitiveness in terms of product design, branding and
pricing, and all of these factors are expected to turn out to be very positive
for the country’s water purifiers market over
the course of next five years.” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“India
Water Purifiers Market By Type, By Application, By Sales Channel, Competition
Forecast & Opportunities, 2013–2023” has evaluated the future growth
potential of India 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 decision. Besides, the report also identifies and analyzes the
emerging trends along with essential drivers, challenges and opportunities in
India water purifiers market.
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