The global point-of-use water treatment systems market size is expected to grow from $15.25 billion in 2021 to $16.57 billion in 2022 at a compound annual growth rate (CAGR) of 8.64%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global point-of-use water treatment market size is expected to reach $24.80 billion in 2026 at a CAGR of 10.61%.
What is the Global Point-of-Use Water Treatment Systems Market?
The point-of-use water treatment systems market consists of sales of point-of-use water treatment systems by entities (organizations, sole traders, and partnerships) that provide point of use (POU) device, which is a water treatment device installed on a single faucet for the purpose of eliminating contaminants in drinking water. POU devices are widely used in households to improve water quality. These devices are also installed by private well owners or public water suppliers to meet drinking water quality standards.
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What drives the Global Point-of-Use Water Treatment Systems Market?
The rise in prevalence of water-borne diseases is driving the growth of the point-of-use water treatment systems market. Waterborne diseases are diseases caused by drinking water contaminated with pathogenic microorganisms like protozoa, viruses, bacteria, and intestinal parasites. For instance, within developing countries, 1.8 million people die every year from waterborne diseases. Of these deaths, over 90% are children under the age of five. Therefore, the increasing prevalence of water-borne diseases drives the point-of-use water treatment systems market.
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Global Point-of-Use Water Treatment Systems Market Segments
The global point-of-use water treatment systems market is segmented:
By Product Type: Under The Counter Filters, Counter Top Filters, Pitcher Filters, Faucet Mounted Filters, Others
By Technology: Reverse Osmosis Systems, Ultrafiltration Systems, Distillation Systems, Disinfection Methods, Chlorination, UV Radiation, Ozonation, Filtration Methods, Activated Carbon Filters, Mechanical Filters, Bio-Sand Filters
By Application: Residential, Non-Residential
By Geography: The regions covered in the point-of-use water treatment systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Point-of-Use Water Treatment Systems Global Market Report 2022provides market size and growth forecasts for the global point-of-use water treatment systems market, global point-of-use water treatment systems market share, point-of-use water treatment systems market segments and geographies, point-of-use water treatment systems market competitive landscape including leading competitors’ revenues, profiles and market shares. The point-of-use water treatment systems market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Global Point-of-Use Water Treatment Systems Industry Playersinclude Honeywell International, Pentair, Panasonic Corporation, Eureka Forbes, BWT Aktiengesellschaft, A.O. Smith, Unilever PLC, LG Electronics, WaterFilters.NET, BWT, Toray Industries, Kent Ro, Instapure Brands, Helen of Troy Limited, and Philips. Based on industry trends and company analysis, the report explains a number of strategies for companies in the market.
