India Residential Water Purifier Market to Reach $ 818 Million by 2024
Rising incidences of water-borne
diseases, increasing health awareness among consumers to drive India
residential water purifier market during forecast period
According to TechSci Research
report, “India
Residential Water Purifier Market By Technology, By Product Category, By
Sales Channel, Competition Forecast & Opportunities, 2024’’, India residential water
purifier market is forecast to surpass $ 818 million by 2024, on account of rising
disposable income of customers, industrial development leading to water
pollution and rising concerns towards health. Furthermore, government
initiatives such as, Smart city, rural electrification, etc., along with rising
cases of water-borne diseases are further expected to
propel the growth of the market in the coming years.
Browse 7 market data Tables and 45 Figures
spread through 97 Pages and an in-depth TOC on "India Residential Water
Purifier Market"
https://www.techsciresearch.com/report/india-residential-water-purifier-market/4098.html
On the basis of device type, residential water purifier market
is majorly segmented into POU and POE. POU holds a dominant share in India residential
water purifier market and the segment is anticipated to maintain its dominance during
the forecast period as well due to its low operational cost and high efficiency.
On the basis of technology, UV based water purifiers accounted for maximum
market share as they are cost-effective, filter water without the use of
chemicals and hence the taste of water doesn’t get altered. Besides, unlike RO,
UV water purifiers filter water instantly. The segment is anticipated to
maintain its dominance during forecast period as well.
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“Rising government initiatives such as National Rural Drinking Water
Quality Monitoring and Surveillance Program to enhance the quality of drinking
water is fuelling growth in India
residential water purifier market.
Moreover, such government campaigns are likely to increase awareness regarding
waterborne diseases among the public. Additionally, factors like technological
advancements and increasing urbanization are further expected to aid India residential
water purifier market during the forecast period.” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“India Residential Water
Purifier Market By Device Type, By Technology, By Sales Channel, By Product
Category, Competition Forecast & Opportunities, 2024” has evaluated the future
growth potential of residential water purifier 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
residential water purifier market.
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