Low Water Quality to Push Indonesia Water Purifiers Market to $ 940 Million by 2023
Increasing contamination in water supply and growing
consumer awareness regarding waterborne diseases coupled with strong growth of
industrial and urban sectors to propel demand for water purifiers in Indonesia
through 2023
According
to TechSci Research report, “Indonesia Water Purifiers Market By Type, By Application, By Sales Channel, Competition
Forecast & Opportunities, 2013 – 2023’’, water purifiers market in
Indonesia is forecast to reach $ 943 million by 2023, on the back of continuously
deteriorating water quality and rising incidences of water related diseases in
the country. Growing urbanization and strong growth of the industrial sector is
increasing the contamination levels in freshwater sources as well as augmenting
demand for clean water. Surging disposal of industrial and domestic waste in
water is increasing the level of microorganisms and toxic chemicals, thereby
driving demand for water purifiers among the consumers. Moreover, the launch of
new products and technological advancements in water treatment processes is
expected to strengthen the growth trend of Indonesia water purifiers market in the
coming years.
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On the basis of type, Indonesia water purifiers market
is majorly segmented under two categories, namely, point of entry (POE) and
point of use (POU). POE segment garnered the largest market share in 2017, on account
of its high demand in industrial and municipal sectors. According to the country’s
health ministry, the number of families with access to safe drinking water and
basic sanitation facilities is very less in Indonesia. To make matters worse,
infrastructure disparities between urban and rural areas also remain high. During
the forecast period, in addition to aforementioned factors, widening gap
between clean water demand and supply, and weak water supply management systems
are anticipated to fuel demand for water purifiers in the country.
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Direct sales of water purifiers are the preferred
mode of sales channel of water purifiers in the country. However, the online
sales channel of water purifiers is likely to register the fastest growth in
the coming years, owing to increasing penetration of internet services and ease
of usage and availability of discounts on water purifiers on online portals. “Increase
in the number of residential and commercial units is boosting demand for
potable water in the country, which further pushes the municipal sector to
increase its capacities to meet the water requirement of the consumers. Rising
municipal and industrial production capacities combined with increasing
government investments to improve and expand water sector is expected to boost
the application of water treatment systems in municipal and industrial sectors
through the forecast period.”, said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Indonesia Water Purifiers Market By Type, By
Application, By Sales Channel, 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 Indonesia water purifiers market.
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