The global ro water purifier market size was valued at USD 25,375.4 Million in 2021 and is expanded to grow at a significant CAGR of 1.8% during the forecast period 2022-2028. The RO water purifier market is fueled by the advantages of clean water, growing urbanization, booming industrialization, and government activities through different strategies and missions about favorable circumstances of devouring clean water. The interest in business water purifier advancements and arrangements will likewise pick up energy as a few little shops, restaurants, and public spots in India agree to government activities of making accessibility of cleaned water the nation over. A massive chunk of the population still relies on boiling water to ensure purification. The rising adoption of water purifiers in urban areas is anticipated to open up opportunities for the market.
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Household Segment Dominates the RO Water Purifier Market
The household segment is expected to retain its dominance in the coming years as the demand for affordable and clean water in Indian households continues to be on the rise. Additionally, the demand for commercial water purifier technologies and solutions will also gain momentum as several small shops, cafés, and public places in India comply with government initiatives to create an availability of purified water across the country.
The global ro water purifier market segmentation:
1) By Application: Residential, Commercial, and Industrial.
Asia-Pacific Leads RO Water Purifier Market
Asia-Pacific is getting popular in the global reverse osmosis (RO) water purifier market, which it now dominates. The market growth rate in the region will continue to rise throughout the forecast period, owing to increasing research & development expenditures and increasing consumer demand for filtered water in the region. Furthermore, North America accounts for the second-largest share in the global RO water purifier market. Rising healthcare expenditures, increased awareness of numerous water-borne diseases, including diarrhoea, cholera, and amoebiasis, rising water pollution, and other reasons are driving the region's fast growth rate.
Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players
The Global RO water purifier market further reveals that the key players increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In Jan 2021, Eureka Forbes, India’s largest water purifier brand, brings to its customers the new Dr. Aquaguard™ with Ayurfresh™ technology to give a refreshing taste and aroma to everyday drinking water. Dr. Aquaguard™ Edge Ayurfresh™ and Dr. Aquaguard™ Classic+ Ayurfresh™ purifiers come with cutting-edge technology that infuses the goodness of 7 Ayurvedic ingredients in every glass of great-tasting water.
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Key player’s profiles in the RO water purifier market report are Johnson & Johnson Private Limited., Boston Scientific Corporation, Medtronic, BIOTRONIK SE & Co. KG, CardioFocus, Abbott, Koninklijke Philips N.V.
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