Veolia Leading Water Purifier Market in UK Forecasted at $2 Bn by 2023
Rising urban population along with
growing investments in water industry after exit of Britain from European Union
is expected to boost United Kingdom water purifiers market through 2023
According to a recently
published TechSci Research report “United Kingdom Water Purifiers Market By Type, By Application, By Sales Channel,
Competition Forecast & Opportunities, 2013 – 2023”, United Kingdom water
purifiers market is forecast
to cross $ 2 billion mark by 2023 on the back of increasing investments in
infrastructure & housing projects, post exit of Britain from European Union.
Further, demand for water by
municipalities in the United Kingdom is expected to increase during the
forecast period on account of new housing development and rising number of
nuclear families. Veolia Group is the market leader in United Kingdom water
purifiers market followed by Pentair Plc, SUEZ Water Purification Systems Ltd, 3M
United Kingdom PLC, etc.
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Market"
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On
the basis of type, United Kingdom water purifiers market is segmented into POE
and POU water purifiers. POE type of distribution has the largest market share,
in value terms, in United Kingdom water purifiers market in 2017, and is likely
to maintain its dominance throughout the forecast period as well. Among
technologies, Ultraviolet and
Reverse Osmosis account for the dominant shares in the country’s water
purifiers market due to their extensive use and large customer base in municipalities
& industrial applications. Moreover, these technologies offer better
purification process, dichlorination of potable water along with removal of
germs and impurities from water.
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As of 2017, Eastern United Kingdom and London
dominated United Kingdom water purifiers market and collectively accounted for
a revenue share of more than 42%. These regions are expected to continue their
dominance through 2023. “With increasing developments in the housing sector
across the UK, demand for water purifiers is likely to increase in the coming
years. The government of United
Kingdom has committed to build 0.3 million homes every year till 2021. Moreover,
the government has created a $ 7 billion Housing Infrastructure Fund for
housing sector. This is anticipated to positively influence the water
purifiers market in United Kingdom over the next five years.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“United
Kingdom Water Purifiers Market By Type, By Application, By Sales Channel,
Competition Forecast & Opportunities, 2013 – 2023” has evaluated the future growth
potential of United Kingdom 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 United Kingdom water purifiers market.
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