MarkNtel Advisors recently released a research report focusing on the India Residential Water Purifier Market for the forecast period of 2024-28. This approach enhances user understanding and supports well-informed decision-making. The report comprehensively addresses significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges using qualitative and quantitative data. To familiarize established businesses and newcomers with the present market scenario, the report offers detailed growth prospects for the industry and concise insights into competitors.
India Residential Water Purifier Market Insight and Analysis:
The India Residential Water Purifier Market size is estimated to grow at a CAGR of around 16.34% during the forecast period, i.e., 2024-30.
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India Residential Water Purifier Industry Segmentation:
By Technology
-Reverse Osmosis (RO)- Market Size & Forecast 2019-2030, USD Million & Thousand Units
-Ultraviolet (UV)- Market Size & Forecast 2019-2030, USD Million & Thousand Units
-Gravity Based- Market Size & Forecast 2019-2030, USD Million & Thousand Units
-Others (Ultrafiltration (UF), RO+UV+UF, etc.)- Market Size & Forecast 2019-2030, USD Million & Thousand Units
By Portability
-Non-Portable- Market Size & Forecast 2019-2030, USD Million & Thousand Units
-Portable- Market Size & Forecast 2019-2030, USD Million & Thousand Units
By Capacity
-Up to 6L- Market Size & Forecast 2019-2030, USD Million & Thousand Units
-Above 6L- Market Size & Forecast 2019-2030, USD Million & Thousand Units
By Sales Channel
-Direct Sales- Market Size & Forecast 2019-2030, USD Million & Thousand Units
-Retail- Market Size & Forecast 2019-2030, USD Million & Thousand Units
-Online- Market Size & Forecast 2019-2030, USD Million & Thousand Units
India Residential Water Purifier Market (2024-30): Segmentation Analysis
The India Residential Water Purifier Market study of MarkNtel Advisors evaluates & highlights the major trends and influencing factors in each segment. It includes predictions for the period 2023–2028 at the national level. According to the analysis, the market has been further classified as:
Based on Sales Channel:
- Direct Sales
- Retail
- Online
The online sale channels for water purifiers in India have been rapidly evolving, especially in the wake of the COVID-19 pandemic, when the Indian e-commerce market experienced significant growth. Many manufacturers, such as Kent RO System Limited, Eureka Forbes, etc., have adopted online distribution channels through the introduction of their e-commerce websites for a direct-to-consumer approach. These companies have been leveraging improved sales by offering different vouchers and discounts on their websites, which has led to the growth of the online segment in the India Residential Water Purifier Market.
Also, many of these manufacturers sell their products through popular e-commerce platforms in India, such as Amazon, Flipkart, etc. As the market continues to grow, online sales channels are likely to diversify further, with more specialized retailers catering to specific customer segments and preferences. Thus, consumers are likely to prefer online platforms for researching, comparing, and purchasing products. On the other hand, direct sales held a nominal share in the India Residential Water Purifier Market.
Based on Portability:
- Non-Portable
- Portable
The demand for non-portable water purifiers has grown positively during the past few years. Non-portable water purifiers have been primarily designed for home use and are available in various types, such as RO, UV, and gravity-based purifiers. These purifiers use advanced technologies to remove impurities and contaminants from water and ensure safe and clean drinking water. Hence, with increasing awareness about water pollution, health concerns, and the need for safe and clean drinking water in urban and rural areas, the demand for non-portable water purifiers across residential setups has been increasing significantly.
The increasing number of new residential unit sales in India has driven the demand for non-portable water purifiers due to the specific needs of larger and permanent households and customization options for local water quality challenges to ensure access to clean and safe drinking water for residents in new homes across the country.
Geographical overview:
-North
-South
-East
-West
-Central.
The India Residential Water Purifier Market Trend:
Increasing Popularity of Smart Water Purifiers – The increasing demand for access to safe drinking water has spurred a growing need for cutting-edge solutions. Escalating pollution levels, contamination concerns, and the essential requirement for consistent water quality are propelling the advancement of innovative water purification technologies. This advancement has led to the widespread introduction of intelligent water purifiers designed for residential use by companies like Urban Company, Lustral Water, etc., with the primary goal of ensuring water safety. These purifiers play a crucial role in providing access to safe drinking water, thereby safeguarding health and well-being. Their array of benefits, including advanced filtration, real-time monitoring, and filter life tracking, has significantly contributed to their popularity among health-conscious consumers in the country, consequently fueling the market demand for smart water purifiers.
Furthermore, growing environmental awareness has prompted manufacturers like Eureka Forbes, Xiaomi, etc. to concentrate on the creation of energy-efficient smart water purifiers designed to reduce water waste. The integration of advanced technologies, including energy-saving modes, sophisticated sensors, and automation, is expected to enhance water purification processes and contribute to energy conservation. This focus on sustainability and innovation is estimated to propel the size & volume of the water purifier industry in the coming years.
Top Leading key players of India Residential Water Purifier Market
A thorough examination of the competitive landscape of the market involves a comprehensive analysis of its key competitors. This analysis delves deep into each company’s profile, financial achievements, market presence, potential, Research and Development (R&D) expenditures, recent strategic initiatives in the market, footprint, strengths, weaknesses, and market dominance. The information provided offers a comprehensive overview of the leading market players, including –
-Eureka Forbes Limited
-Kent RO Systems Limited
-Hindustan Unilever Limited
-Whirlpool of India
-Ion Exchange (India) Ltd. (Zero B)
-Blue Star Limited
-Livepure Smart Homes Private Limited
-LG Electronics
-A. O. Smith India Water Products Pvt. Ltd.
-UrbanClap Technologies India Pvt. Ltd.
-Panasonic India Pvt. Ltd.
The India Residential Water Purifier Market report addresses the following concern:
- The India Residential Water Purifier Market report explores the influence of key trends on market share within the primary segments.
- What are the leading market trends that propel the expansion of the India Residential Water Purifier market?
- What are the projected CAGR, market size, and growth rate for the India Residential Water Purifier Market in the upcoming years?
- What are the key players in the India Residential Water Purifier market, and what strategies are they implementing?
- What factors, such as industry trends, drivers, and challenges, are contributing to the growth of the India Residential Water Purifier market?
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