Drinking Water Filter Systems Market

Market Overview

According to Reed Intelligence the Drinking Water Filter Systems Market Size will approximately grow at a CAGR of 7.2% during the forecast period 2021-2031.

Drinking Water Filter Systems can generally be classified into two main categories, encompassing the majority of available water filters. The installation of a point-of-entry or whole-house filter is typically implemented at the precise point where water is introduced into a given structure. The installation of a water-based system is considered as a viable alternative in locations where water is utilized. The term commonly used to refer to this system is a “point-of-use” system. The comprehensive purification of water can be achieved through the strategic implementation of both point-of-entry and point-of-use filtration systems. These systems collectively address various aspects of water treatment, including water softening and pathogen removal, thereby ensuring the attainment of optimal water quality.

The implementation of filter media within the purification system facilitates the conversion of untreated water into a refined form of filtered water, exhibiting enhanced quality attributes. This resultant filtered water possesses the necessary characteristics to be utilized in a safe manner, catering to a wide range of general and specialized applications. The purifiers available in the market utilize a diverse range of techniques for water purification. These techniques encompass reverse osmosis, UV filtration, and gravity-based filtering. Prominent enterprises are strategically prioritizing the expansion of their product portfolios into previously untapped regions, driven by the rapid growth of the global market for residential and commercial applications. The rapid expansion of the Drinking Water Filter Systems Market can be attributed to several key factors.

Market Dynamics

Market Drivers

• Increased Demand for Safe and Healthy Water

The growing recognition of the potential health risks linked to the consumption of contaminated water has led to an upward trend in the adoption of Drinking Water Filter Systems among individuals. This surge in usage is driven by the desire to safeguard one’s well-being by ensuring the consumption of clean and safe water.

The incidence of water-borne infections is experiencing an upward trend, primarily attributed to various factors including climate change, population growth, and inadequate sanitation practices. The observed outcome has led to a surge in the Drinking Water Filter Systems Market demand capable of effectively eliminating bacteria, viruses, and various other contaminants. The consumer demand for alkaline water filter systems stems from the widespread belief that alkaline water offers various health benefits.

• Government Regulations and Developing Technologies

The rising popularity of water filtering systems that offer expedited setup and enhanced user-friendliness is a notable trend in the Drinking Water Filter Systems Market. The evolving market dynamics have necessitated the development and introduction of novel products to effectively cater to the emerging consumer demands. In recent years, the water filter systems industry has experienced notable advancements in technology.

The implementation of these modifications has resulted in the development of enhanced and highly optimized water filtration systems. Governments across various nations are implementing legislative measures that mandate water providers to comply with a standardized set of quality criteria. The observed phenomenon leads to a surge in consumer demand for water filters that possess the capability to meet these established standards.

Market Restraints

The cost of water filtration systems, especially those of superior quality, can be relatively high. The potential implications of this development could potentially stimulate the growth and proliferation of the Drinking Water Filter Systems Market. The optimal iterations of these water systems exhibit a compact design and boast enhanced functionality. However, it is important to note that such advancements may potentially result in an elevated cost structure, thereby impeding the overall Drinking Water Filter Systems Market penetration and expansion.

One potential factor that may be hindering the expansion of the water filter industry is the inherent challenges associated with the installation and upkeep of certain filtration systems. The process of installation and maintenance can present considerable challenges, often necessitating the engagement of specialized professionals, thereby resulting in increased costs. Based on our analysis, it is anticipated that several key factors will contribute to the growth and expansion of the Drinking Water Filter Systems Market.

Market Opportunities

• Increase Demand for Point of Use Water Filters and Alkaline Water

The increasing popularity of point-of-use water purifiers is a notable trend in the market. The provision of clean water is made possible through the utilization of faucet-mounted filters, which enable individuals to consistently access potable water. The consumer demand for alkaline water filter systems stems from the widespread belief that alkaline water offers various health benefits. Based on current market trends and projections, it is expected that the water filtration equipment industry will experience significant growth in the coming years.

Market Scope

Segmental Analysis

Segment by Type

• RO Filter

Reverse osmosis filters employ a semi-permeable membrane to filter out a variety of contaminants from water. Pressure helps to push water molecules past the barrier, leaving pollutants in their wake. Heavy metals, fluoride, nitrates, and a variety of other contaminants that are dissolved in water can be removed using RO filters. High-quality drinking water results from this.

• UV Filter

Utilizing ultraviolet radiation to eradicate bacteria, viruses, and other microscopic living organisms, UV filters purify water. In a chamber where UV light is used to destroy bacteria’ DNA, water is passed through. This prevents the bacteria from developing and spreading diseases. UV screens can purge water of microbiological contaminants, making it safe to drink.

• Carbon Filter

In carbon filters, activated carbon is used to remove impurities and enhance the flavor and odor of water. Because it has a large surface area, activated carbon effectively removes pollutants like chlorine, volatile organic compounds (VOCs), pesticides, and some heavy metals. To improve the taste and cleanliness of drinking water, carbon filters are frequently utilized.

Segment by Application

• Residential Use

In order to ensure that the water is pure and safe to drink, filtration systems are frequently utilized in households. These systems are installed by homeowners to purify any impurities from the water as well as to enhance the quality and flavor of their tap water. To filter water throughout the home, residential drinking water filter systems can be installed under sinks, attached to faucets, or used as point-of-entry systems. These techniques make it simple for people to obtain clean water for drinking, cooking, and other uses.

• Commercial Use

Additionally, drinking water filter systems are employed in a variety of commercial settings to provide employees, clients, and guests with clean drinking water. Included are establishments that the general public can visit, such as offices, pubs, hotels, schools, and hospitals. Commercial drinking water filter systems can be modified to meet specific requirements and are built to handle larger volumes of water. They might feature more filtering processes, bigger capacities, and stronger construction to handle the demands of high-traffic locations.

Regional Analysis

North America (USA and Canada)

The demand for Drinking Water Filter Systems Market in North America has been consistently high over an extended period. The increasing stringency of water safety regulations in the region has led to a growing demand for more reliable filtration technologies. The growing concerns among individuals regarding the presence of contaminants in tap water and the prevalence of outdated water systems are key drivers behind the expansion of the market. The market under consideration is significantly influenced by two prominent nations, namely the United States and Canada.

Europe (Germany, the U.K., France, Russia, Italy, Rest of Europe)

Within the European Union, there exists a substantial market for water filtering equipment, which is consistently being sold to meet the demand for such products. The development of filtration devices in the region can be attributed to the stringent regulations and legislation in place to ensure the purity of water. The Drinking Water Filter Systems Market has experienced positive effects due to a notable rise in consumer consciousness regarding environmental illnesses and a corresponding surge in the demand for potable water that is deemed safe for consumption. According to our analysis, Germany, France, and the United Kingdom emerge as the leading nations within the European region.

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

The Asia-Pacific region is currently experiencing a rapid expansion in the market for drinking water filter systems. The rapid expansion of urban areas, coupled with an increase in birth rates among families, has resulted in a heightened need for access to potable water that is free from contaminants and poses no health risks. The markets in countries such as China, India, Japan, and South Korea have experienced substantial growth due to a surge in consumer demand for Drinking Water Filter Systems.

Key Players

1. Pentair
2. 3M
3. Midea
4. Qinyuan
5. Doulton
6. GE
7. Waterlogic
8. Hanston
9. Culligan
10. Stevoor
11. AQUAPHOR
12. Haier
13. TORAY
14. Royalstar
15. BWT
16. GREE
17. Whirlpool
18. Panasonic
19. Ecowater
20. Quanlai
21. Joyoung
22. Honeywell
23. Amway eSpring
24. LG Electronics
25. A. O. Smith

Recent Developments

31 december 2020 - Pentair, has acquired Rocean, a New York-based manufacturer specialising in the production of an innovative gadget designed to filter, flavour, and carbonate tap water.