Water Purifiers Market in Brazil to Surpass $ 1.5 Billion by 2023
Government focus towards devising policies for
promotion of private partnership in development and operation of water
distribution infrastructure to fuel Brazil water purifiers market through 2023
According to TechSci Research
report “Brazil Water Purifiers Market By
Type, By Application, By Sales Channel, Competition Forecast &
Opportunities, 2013 – 2023”, water
purifiers market in Brazil is forecast to reach $ 1.56 billion by 2023, on
account of increasing health consciousness and growing adoption of e-commerce
platform in the country. The municipal sector accounted for nearly one
third of the value share in the country’s water purifiers market in 2017, and
the sector is expected to maintain its market dominance in the coming years as
well, owing to rapid development in water distribution infrastructure through
private partnership at water-stressed regions in Brazil. Moreover, the
country’s vision to achieve 99% coverage in access to safe drinking water and
92% coverage in sanitation services by 2033 is anticipated to continue to drive
huge private investments in the country during the forecast period. As of 2017,
Brazil has achieved 86% coverage for piped drinking water.
Browse 84
market data Figures and Tables spread through 131 Pages and an in-depth TOC on "Brazil Water Purifiers Market"
Demand for residential water filters is also growing at a rapid pace in
the country, on account of excessively huge rate of population mobilization in
already stressed, high density urban areas and rising concerns about the quality
of tap water. The rapid mobilization has strained the already available water
resources in the urban areas, predominantly in the country’s Southeast region.
The reservoir capacity in São Paulo city has reduced from 40% in 2015 to 35% in
2016. Further, regions such as Rio
de Janeiro and Belo Horizonte are also facing acute water shortage. All these
factors are expected to result in higher demand for water purifiers in the
country over the course of next five years.
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“Brazil holds around 12% of the total freshwater resources in the world.
Yet, the country is experiencing an acute shortage of drinking water
availability, predominantly due to uneven distribution of water resources and
population density. It is due to this reason that about 917 municipalities
across 16 states of Brazil faced draught conditions in 2017. The acute shortage
of freshwater in these high density urban regions has made water filtration
equipment a necessity at both residential as well as municipal level.”, said
Mr. Karan Chechi, Research Director with TechSci Research, a research based
global management consulting firm.
“Brazil Water Purifiers Market
By Type, By Application, By Sales Channel, Competition Forecast &
Opportunities, 2013 – 2023” has evaluated the future growth potential of Brazil 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 Brazil water purifiers market.
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