Residential Water Treatment Market Witness Highest Growth AT a CAGR of more than 5.26% by 2028

Market Insights

As per recent research by MarkNtel Advisors, The Global Residential Water Treatment Market is projected to grow at a CAGR of around 5.26% during the forecast period, i.e., 2023-28.

Global Residential Water Treatment Market Key Driver:

Fight Against Waterborne Diseases to Boost the Demand for Residential Water Treatment Market - The rising consumer concern about health & safe drinking water is driving the Residential Water Treatment market during the historical period. Contaminated water & the resultant waterborne diseases are becoming a huge concern for the global population. Hence, to remove harmful chemicals, gases, suspended solids, and biological pollutants from drinking water, the demand for water treatment devices has been increasing around the globe.

Furthermore, freshwater resources such as lakes, reservoirs, and rivers provide more than 60 percent of the drinking water. Gallons of treated water gets wasted & polluted by various microbes & algae. These contaminants are raising the level of water contamination worldwide, resulting in an increased level of waterborne diseases, which would further escalate the demand for residential water treatment systems in the upcoming years.

Moreover, the rise in air & water temperature due to climate change is contributing to the risk of waterborne diseases such as cholera & typhoid. Thus, a spike in the number of waterborne diseases is projected to enhance the demand for the Residential Water Treatment market in the upcoming years.

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Market Segmentation and Consumer Behavior:

By System

• Pitchers
• Tabletop
• Faucet-Mounted
• Countertop
• Under the Sink
• Whole House Filter

By Technology

• Reverse Osmosis
• Ultraviolet
• Mechanical Filters/Carbon Filters
• ION Exchange

By End User

• Residential Apartments
• Individual Landed Houses

By Application Point

• Point of Use
• Point of Entry

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Residential Water Treatment Market Geographical Analysis:

By Region:

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific

Key Players and Competitive Strategies in the Residential Water Treatment Market

Several prominent players dominate the Residential Water Treatment Market, including:

• O Smith Corporation
• Unilever
• Kent Supreme
• Eureka Forbes
• Panasonic
• Whirlpool
• Aqua Care
• 3M
• Waterwise Inc
• Aquasana
• GE Appliances
• BWT
• Pentair
• Others

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Questions Addressed in this Study

1.What factors are driving the Residential Water Treatment Market growth?

2.How is the Residential Water Treatment Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Residential Water Treatment Market?

4.What is the current size of the Residential Water Treatment Market, and how is it projected to change in the future?

5.What is the future outlook for the Residential Water Treatment Market in terms of technological advancements and market expansion?

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