The global water purifiers market is expected to expand at a CAGR of 8.4 percent over the period from 2016 to 2025. The market was valued at USD 53.36 billion in 2016, and is expected to reach a valuation of USD 110.02 billion by 2025. Continuous industrial expansion and concentrated efforts by civic authorities to expand the availability of safe water in households, particularly in rural areas, significantly boosts the global water purifier markets growth. In developed markets, advancements in water purification technologies are strong due to initiatives taken for improving drinking water quality, reduction of wastewater release, and increase in the water treatment and recycling rate. Asia-Pacific dominates the overall demand globally, owing to surging demand from both rural and urban population and rising awareness about consuming safe drinking water.
The market has generally been slow be it televisions or home appliances. Dishwashers saw a spurt for a couple of months, but the boom seems to be over for that...Read More