Australia Water Purifier Market to Grow with a CAGR of 5.31% through 2029
Australia
Water Purifier Market is driven by a combination of factors such as increasing
concerns about water quality and environmental awareness, with countertop
systems gaining popularity for their convenience and affordability.
According to TechSci Research report, “Australia
Water Purifier Market – By Region, Competition, Forecast and Opportunities,
2019-2029F”, the Australia Water Purifier Market stood at USD 193.23 million in 2023 and is anticipated to grow with a CAGR of 5.31% in the forecast
period, 2025-2029. he Australian water purifier market has witnessed
significant growth and transformation over the years, driven by a combination
of factors such as concerns about water quality, environmental awareness,
changing lifestyles, and technological advancements.
The
history of water purification in Australia can be traced back to indigenous
practices, where natural filtration methods were employed to obtain clean
water. However, the modern water purification industry in the country began to
take shape in the early 20th century. The growth of cities and
industrialization led to concerns about water quality, which prompted the
establishment of municipal water treatment facilities.
Over
time, technological advancements played a crucial role in shaping the water
purifier market. The introduction of chlorine disinfection in the early 20th
century marked a significant milestone in improving water quality. However, it
was only in the latter part of the 20th century that the market for domestic
water purifiers began to gain traction.
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"Australia Water Purifier Market”
One of the primary drivers of the
Australian water purifier market is the growing concern about the quality of
tap water. Consumers are increasingly aware of the presence of contaminants
such as heavy metals, chlorine, and microbial pathogens in their water supply,
which has led to a surge in demand for water purifiers. The desire for a
healthier lifestyle has led many Australians to invest in water purification
solutions. Filtered water is considered safer and cleaner, and people are
willing to pay for the health benefits it offers.
Australians are becoming more
environmentally conscious. The use of disposable plastic water bottles
contributes to plastic waste, and this has encouraged individuals to switch to
reusable water purifiers, reducing their environmental footprint. The water
purifier market has seen significant technological advancements. New and more
efficient filtration methods, such as reverse osmosis, UV purification, and
activated carbon filters, have become available to consumers.
The busy and fast-paced lifestyles of
Australians have led to a preference for convenience. Water purifiers provide a
convenient and readily available source of clean water, eliminating the need
for buying bottled water. In some parts of Australia, the water infrastructure
is aging, leading to concerns about the quality and safety of tap water. This
has further fueled the demand for in-home water purification systems.
The water purifier market is subject to
stringent regulatory standards to ensure the safety and efficacy of
purification systems. Manufacturers must comply with these regulations, which
can be a challenge for smaller companies. High-quality water purifiers can be
costly, making them less accessible to some segments of the population. Finding
a balance between affordability and effectiveness is a challenge for both
manufacturers and consumers.
In urban areas, where water quality is
generally better, the market may be saturated, making it difficult for new
entrants to compete. Manufacturers must explore innovative product offerings to
stand out. Many consumers may not fully understand the different types of water
purifiers and their benefits. Educating the market about the importance of
water purification and the various available technologies can be a challenge.
The market is witnessing a growing
interest in smart water purifiers that can be controlled via mobile apps. These
systems provide real-time water quality data and filter replacement
notifications. With a focus on sustainability, manufacturers are exploring
eco-friendly filtration options that reduce waste and energy consumption.
Ultraviolet (UV) purification technology
is gaining popularity due to its effectiveness in killing bacteria and viruses
without the use of chemicals. Compact and portable water purifiers are becoming
popular among outdoor enthusiasts and travelers who need access to clean water
on the go. Manufacturers are offering customizable filtration systems to cater
to specific water quality issues in different regions of Australia.
The Australia water purifier market is
segmented into type, technology, sales channel, and region.
Based
on type, counter-top water purifier has a significant share in the Australia
water purifier market. Counter-top water purifiers are compact and do
not require much installation space. They can easily fit on kitchen
countertops, making them ideal for homes with limited space. In urban areas
with smaller kitchens, they are a practical choice.
Based
on sales channel, online has a significant share in the Australia water
purifier market. Online platforms offer a vast selection of water purifiers
from various brands and manufacturers. Consumers can explore different types of
water purifiers, compare features, read reviews, and make informed purchasing
decisions, all in one place. This extensive choice caters to diverse consumer
preferences and requirements.
Key
market players in the Australia Water Purifier market include:
- Brita Water Filter Systems
Distributors PTY Ltd.
- Amway of Australia Pty. Ltd
- Waters Co Ltd.
- TAPP Water Australia Pty Ltd
- Philips Electronics Australia Limited
- Breville Pty Ltd
- Healthway Pure Pty Ltd
- Panasonic Australia Pty Ltd
- Purifiers (AUST) Pty Ltd
- The Water Shops (Aust) Pty Ltd
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“Australian
water purifier market has experienced significant growth driven by factors like
water quality concerns, health consciousness, environmental awareness, and
technological advancements. While the market faces challenges, it continues to
evolve with innovative solutions and a diverse range of products to meet the
needs of consumers across the country. As awareness of the importance of clean
water continues to grow, the Australian water purifier market is expected to
remain dynamic and robust.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based Global management consulting firm.
“Australia
Water Purifier Market By Type (Counter-Top, Under Sink, Faucet Mount &
Others (Pitchers, etc.)), By Technology (RO, UF, UV, Media & Others
(Nanofiltration, etc.)), By Sales Channel (Supermarkets/Hypermarkets,
Multi-Branded Stores, Exclusive Stores, Online, and Others (Direct Sales,
etc.)), By Region, Competition, Forecast and Opportunities, 2019-2029F”, has evaluated the future growth
potential of water purifier and provides statistics and information on market
structure, size, share, and future 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 the Australia
water purifier market.
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