Spain & Portugal Water Purifiers Market to Cross $ 650 Million by 2023 Led by Veolia and BWT
Increasing
contamination of fresh water coupled with spurring demand for rental water
purification systems to escalate the sales of water purifiers in Spain and
Portugal through 2023
According to TechSci Research report, “Spain & Portugal Water Purifiers Market By Type, By Application, By
Sales Channel, Competition Forecast & Opportunities, 2013–2023”,
water purifiers market in Spain & Portugal is forecast to surpass $ 650
million by 2023, on the back of growing demand for rental water purification
systems and increasing scarcity of potable water. Moreover, stringent
government regulations regarding water quality and increasing health concerns
among people is likely to generate new investment opportunities in Spain &
Portugal water purifiers market. Additionally, implementation of new
technologies for water treatment processes and proliferating number of municipal
wastewater treatment plants and desalination plants is further expected to augment
water purifier sales in Spain & Portugal in the coming years.
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"Spain & Portugal Water Purifiers Market"
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On the basis of type, Spain & Portugal water purifiers market is
majorly segmented into two categories namely, point of entry (POE) and point of
use (POU) water purifiers. POE segment garnered the largest share in Spain and
Portugal water purifiers market in 2017, on account of their high demand in the
industrial and municipal sectors. Public ownership of urban water supply in Spain &
Portugal is driving demand for POE water purification equipment in municipal
water treatment plants. In Spain and Portugal, more than 90% of water supply is
regulated by municipal authorities. Among applications, residential sector
dominates Spain & Portugal water purifiers market followed by the
commercial sector. In 2017, Veolia
and BWT dominated the country’s water purifier market, followed by Puricom,
Pollet Water, and Hidro Water.
Water purifier manufacturers and suppliers in Spain & Portugal use
different sales channel such as direct, distributor, retail and online channels
to distribute the products. Among these, direct sales channel dominated the Spain
and Portugal water purifiers market during 2017. Strong distributor network
coupled with presence of foreign subsidiaries and trade entities in regional
hubs such as Madrid, Barcelona, etc., are anticipated to aid the growth of
distributor sales channel in Spain & Portugal water purifiers market
through 2023. “Growing awareness regarding online sales of water purifiers among
people would foster growth in the Spain & Portugal water purifiers market.
Moreover, shifting focus from bottled water in order to save the environment is
further likely to positively influence Spain & Portugal water purifiers
market in the coming years.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
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“Spain & Portugal 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 decision.
Besides, the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in Spain & Portugal water
purifiers market.
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