Increasing Demand from Residential Sector is Expected to Fuel the Saudi Arabia Water Purifiers Market
Increasing awareness
regarding harmful effects of drinking polluted water and presence of impurities
in water bodies is fueling the demand of water purifiers in Saudi Arabia.
According
to TechSci Research report, “Saudi
Arabia Water Purifier Market- By Region, Competition
Forecast and Opportunities, 2018-2028F”, The Saudi Arabia water
purifier market is witnessing high demand owing to the shortage of clean
drinking water, rising pollution in water due to several constructional and
mining activities. Moreover, the rising awareness among the consumers about the
harmful effects of drinking polluted water is significantly influencing the
demand of water purifiers in Saudi Arabia.
Owing to the rising
demand for clean water, notably in the oil & gas, food & beverage,
metal & mining, and other industries, the Saudi Arabia water purifier
market is expanding quickly. Additionally, the market is expanding owing to
people's increasing tendency to drink treated water in both the commercial and
residential sectors. Demand for clean water has increased as a result of the
declining water quality and the diminishing availability of freshwater
resources, which has led to an increase in demand for water purifiers.
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The biggest difficulty
is still changing usage patterns to prevent a looming water emergency. The
nation is moving forward with its Red Sea Project, which hopes to draw one
million tourists a year to its beaches and 50 new hotels. According to current
projections, the chain of resorts would need 56,000 cubic meters of water per
day as a result of the massive construction.
The water bodies of
Saudi Arabia, including rivers and lakes, have been contaminated as a result of
the country's rapid development and the careless disposal of chemical waste.
This has led to an increase in the utilization of water purifiers to
filter the contaminated water. Thus, the need for water purifiers will be
directly impacted by the growing number of wastewater-related projects.
Additionally, the rise in waterborne illnesses among the population and the
increased water consumption spurred on by the development of smart cities are
some additional variables that will favor market expansion.
Desalinating seawater
has long been regarded as the solution to the country's escalating water
shortage problem. Saudi Arabia currently runs 31 desalination plants and
generates the most desalinated water in the world. In Saudi Arabia, 50% of the
water used is desalinated water, not naturally occurring fresh water. The
remaining 50% is pulled from groundwater. In 2016, desalination accounted for
3% of the Middle East's water supply but 5% of its overall energy costs,
according to the International Energy Agency.
Due to the rising
population in Saudi Arabia, the freshwater resources are getting depleted.
Moreover, Saudi Arabia’s groundwater is estimated to run out in the next 13
years. The Saudi Arabian National Transformation Plan, sometimes referred to as
Vision 2020, is a part of the Vision 2030 program that intends to diversify the
economy of the Kingdom beyond oil. The goal is to reduce the amount of water
that is withdrawn from subterranean aquifers for use in agriculture. Instead of
using the estimated 416% of water available as of now, it aims to use 191% of
these water resources for cultivation.
As per World Health
Organization (WHO), Cholera, diarrhea, dysentery, hepatitis A, typhoid, and
polio are just a few of the illnesses that can spread due to contaminated water
and poor sanitation. When water and sanitation services are unavailable,
inadequate, or poorly managed, people are subjected to health concerns that can
be avoided. This is especially the case in healthcare facilities, where a
shortage of water, sanitation, and hygiene services increases the risk of
infection and sickness for both patients and staff.
Reverse osmosis systems are
anticipated to dominate the Saudi Arabia Water Purifiers Market during the
forecast period. This is a result of the increased demand for these systems,
particularly among end users in the home and commercial sectors. Moreover, a
substantial number of consumers are being drawn to the market by the growing
use of reverse osmosis technology for the treatment purification of
water. The filtration methods sector, is also expected to expand at a high
CAGR over the forecast period.
Major operating companies operating in
the Saudi Arabia Water Purifier Market are:
- Aquapro Water Treatment Equipment Tr.
LLC
- Veolia Arabia Co.
- Water and Environment Technologies
Company Ltd
- Metito Saudi Limited
- Water Projects Saudi Arabia Ltd.
- Pentair Residential Filtration, LLC
- Ion Exchange and Company LLC
- Al-Kawther Industries, Ltd.
- AES Arabia Ltd.
- Coway Co. Ltd.
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“The increasing construction
and mining activities in the country are significantly degrading the water
quality in the country. Thus, with the rising awareness among consumers about the
ill-effects of drinking polluted water is driving the demand for water
purifiers in Saudi Arabia,” said Mr. Karan Chechi, Research Director with
TechSci Research, a research-based global management consulting firm.
Saudi Arabia Water
Purifiers Market, By Type (Counter Top, Under Sink, Faucet Mount & Others
(Filter Jug Types, etc.)), By Technology (RO, UF, UV, and Others (RO+UF, etc.)),
By End Use (Residential and Commercial), By Distribution Channel
(Distributors/Dealers, Multi-Branded Stores, Online, Supermarkets/Hypermarkets,
and Others (Plumbers & Direct Sales, etc.)), By Region, By Company,
Forecast & Opportunities, 2018-2028F, has
evaluated the future growth potential of Saudi Arabia water purifiers market
and provides statistics & 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 the water purifiers in Saudi Arabia.
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