Egypt Water Filters Market
is projected to register robust growth during forecast period, 2024-2028. As
the demand
in the local market of Egypt has also been significantly increasing with the
rising awareness among Egyptians for the requirement of clean drinking water,
severe impact of unfiltered tap water on health, as well as the increasing
costs of bottled drinking water are certain factors which are influencing the
market.
By 2020, the Egypt's
population has risen to over 100 million, and as a result, the country now
requires between 105 and 110 billion metric tons of water annually. Egypt has a
deficit of 30 billion cubic meter water, and it requires at least 110
billion cubic meters of water per year to meet its requirement. It only has 80
billion cubic meters at the moment, 55.5 billion of which come from the Nile.
As a result, it is categorized as a nation with water poverty. Over the past
few decades, Egypt's water infrastructure coverage has significantly expanded.
In 2014, about 91 percent of Egyptians had access to water delivered right to
their homes.
In Egypt, the data shows
that 259 litters of drinking water is consumed, per person, each day but
the ratio of distribution of water among Egypt’s various governorates is uneven,
as in Cairo (752) and Alexandria (580) which is much higher in comparison to
al-Menya (105) and Aswan (108). These differences exist not only between
governorates but also within the same city's districts. Surprisingly, Egypt has
a higher per capita consumption of pure water than Germany does. However, in
Egypt, the issue is with the uneven distribution. In addition, the pipe
networks are so old that up to 50% of the fresh water is lost or contaminated
before it reaches the consumer.
Growing Tie-ups for Influencing
Water Purification are Propelling the Market Growth
The growth of the Egypt
water filters market is significantly boosted by ongoing industrial expansion
and concerted efforts by civic authorities to increase the availability of safe
water in homes, particularly in rural areas. The requirement for proper
research and development in the field of consumer durables is encouraging
exhaustive research. Therefore, various international companies are coming up
with the idea of tie-up with the government run programs to cater the country’s
requirement. For instance, in order to sell and market Evoqua's Automatic
Self-cleaning filters and Centrifugal Sand Separators under its brand VAF in
the Egyptian Market, "Soul Water for Water Treatment & Environmental
Technology" and "Evoqua Water Technologies LLC" have signed a
Memorandum of Understanding. "Soul Water" is regarded as one of the
market leaders in Egypt for industrial water treatment, having completed
important projects for the Armed Forces Engineering Authority in brand-new
cities. In order to benefit a larger portion of Egypt's population, Soul Water
aims to increase the scope of water treatment projects carried out in
collaboration with governmental organizations and agencies.
Rising trend for Purified
water in Residential sector is influencing the market
Since home water
purification is currently very uncommon in Egypt, there is significant
potential for impact in this area over the long term. Investments are made to
ensure that water is delivered continuously. Certain moderate or high standard
people installed home filtering equipment which has costed for around USD40.64.
Another segment of the population turned to a pricier workaround by purchasing
bottled water for domestic use. The price of a liter of bottled water is about USD0.081.
Others started purchasing purified water from privately owned water treatment
facilities that are becoming more prevalent in rural Egypt. Therefore, the
rising price of a bottled water and lack of availability of clean water source are
major contributing factors for the escalated demand for water filters products within
Egypt.
Issue of Limited In-House
Water Connections Hindering the Market Growth
In urban areas, access
to water is almost universal and reliable, but a sizable portion of households
are still not connected to the water system in the rural and urban
slums, across the nation. Among 7.3 million people, 5.8 million residing in
rural areas and 1.5 million in urban areas, are facing the issue of lack
of access to clean water. Around 12% of people live in homes that aren't
connected to the water system in rural areas, compared to 4% of people in urban
areas which do not have connections. Only about 77 percent of households in
urban slum areas have piped water connections. However, these connections
are frequently considered to be illegal. Therefore, this factor is
considered to be the major challenge to the demand for water filters in Egypt.