Global RO Water Purifier Market Size By Accessories (Faucet Mount, Shower Filter, Under Sink Filter), By Application (Residential, Commercial), By Geographic Scope And Forecast

Report ID: 20516|No. of Pages: 202

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Global RO Water Purifier Market Size By Accessories (Faucet Mount, Shower Filter, Under Sink Filter), By Application (Residential, Commercial), By Geographic Scope And Forecast

Report ID: 20516|Published Date: Aug 2024|No. of Pages: 202|Base Year for Estimate: 2023|Format:   Report available in PDF formatReport available in Excel Format

RO Water Purifier Market Size And Forecast

RO Water Purifier Market size was valued at USD 33.11 Billion in 2023 and is projected to reach USD 55.17 Billion by 2031, growing at a CAGR of 7.27% from 2024 to 2031.

  • RO (Reverse Osmosis) water purifiers employ a multi-stage filtration method to remove pollutants, contaminants, and dissolved solids from water, resulting in clean and safe drinking water. The main mechanism consists of a semi-permeable barrier that permits water molecules to flow through while inhibiting larger entities like salts, germs, and chemicals. This procedure is extremely good at removing toxins such as lead, chlorine, fluoride, and arsenic, making it one of the most efficient water purification technologies available.
  • RO water purifiers are widely utilized in homes, business enterprises, and industries to provide access to safe drinking water. They are especially useful in places with significant levels of water contamination or when the water supply is known to contain hazardous compounds.
  • RO water purifiers are promising, inspired by rising concerns about water quality and a growing global need for safe drinking water. Technological advancements are projected to improve the efficiency and sustainability of RO systems, including the development of more durable and environmentally friendly membranes, energy-efficient pumps, and smart features for real-time monitoring and maintenance.
  • The combination of RO purifiers and renewable energy sources such as solar power can lessen the environmental impact they have. As urbanization and industrialization continue to have an impact on water sources, the use of RO water purifiers is projected to increase, particularly in developing countries where access to safe drinking water is vital. Furthermore, ongoing research into hybrid purification systems combining RO with other filtration technologies could give comprehensive answers to many water quality issues.

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RO Water Purifier Market is estimated to grow at a CAGR of 7.27% & reach US$ 55.17 Bn by the end of 2031

Global RO Water Purifier Market Dynamics

The key market dynamics that are shaping the global RO water purifier market include:

Key Market Drivers:

  • Growing Water Scarcity: Global water scarcity is leading to increased demand for RO water purifiers. According to the United Nations World Water Development Report 2023, by 2030, 47% of the global population will live in areas with high water stress. Rewrite in one paragraph.
  • Rising Awareness of Water-borne Diseases: Rising awareness of water-borne diseases is driving the usage of RO water purifiers. In 2022, the World Health Organization estimated that polluted drinking water causes 485,000 diarrheal deaths a year.
  • Rapid Urbanization and Industrialization: Rapid urbanization and industrialization have exacerbated water pollution, necessitating effective water filtration. The United Nations Department of Economic and Social Affairs predicts that 68% of the world’s population will live in cities by 2050, up from 55% in 2018.
  • Technological Advancements: Technological advancements make RO systems more efficient and inexpensive. According to a 2023 study from the International Desalination Association, RO systems’ energy usage has fallen by nearly 80% since the 1970s, making them more cost-effective for users.

Key Challenges:

  • Water Wastage: One of the most common criticisms leveled with RO water purifiers is the large volume of water wasted during the purifying process. For every gallon of filtered water generated, 2-3 gallons of water are usually discarded. This inefficiency is especially concerning in areas currently facing water scarcity. Addressing this issue involves advancements in RO technology, such as more effective membranes and recycling systems, as well as raising awareness about proper water-saving techniques.
  • High Initial Cost: RO water purifiers can have a high upfront cost, which might be prohibitive for many consumers, particularly in underdeveloped nations. This exorbitant cost includes both the machine itself and the installation fees. The impression that RO systems are a luxury item rather than a necessity can put potential purchasers off. To address this, businesses should work on lowering production costs, providing flexible payment options, and educating customers about the long-term health and financial benefits of investing in RO water filtration systems.
  • Maintenance and Operating Costs: RO water purifiers require periodic replacement of filters and membranes, which can be costly and difficult for users. These regular fees, together with the electrical costs for operating the system, can pile up over time, raising the total cost of ownership significantly. Manufacturers must solve this difficulty by producing more durable components, providing inexpensive maintenance plans, and enhancing their products’ energy efficiency to minimize operational costs and make the systems more acceptable to a wider audience.

Key Trends:

  • Smart RO Systems: The use of smart technologies in RO water purifiers is becoming more prevalent. These modern systems include IoT connectivity, which allows users to monitor water quality, filter status, and system operation in real-time via mobile apps. Smart RO systems can transmit notifications for maintenance and filter change, increasing user convenience and ensuring peak performance. This trend appeals to tech-savvy consumers and complements the larger smart home ecosystem, making water purification more efficient and user-friendly.
  • Compact and Modular Systems: As living spaces get smaller, particularly in cities, the demand for compact and modular RO water purifiers increases. Manufacturers are creating space-saving systems that fit easily into kitchens and other tight locations without reducing performance. Modular systems, which allow for simple modifications and component replacements, are also becoming popular. This trend assures that users may benefit from RO purification even in small locations, as well as adjust their systems to meet changing needs.
  • Eco-Friendly Materials: The use of eco-friendly materials in the manufacturing of RO water purifiers is becoming increasingly popular. Manufacturers are increasingly using biodegradable and recyclable materials in filters, membranes, and housing units. This change not only decreases the environmental impact of production and disposal, but it also appeals to eco-conscious consumers. Eco-friendly RO systems promote sustainability and help firms stand out in a competitive market by harmonizing with global environmental trends.
  • Customization and Personalization: Consumers are increasingly asking for items that may be customized to meet their requirements, and RO water purifiers are no exception. Manufacturers are providing customizable choices, allowing consumers to select filtering stages, additional features, and aesthetic designs that match their preferences and home décor. Personalized service plans, which include maintenance and filter replacement schedules, are also gaining popularity. This tendency toward customization increases customer happiness and loyalty by delivering solutions that are tailored to individual needs and preferences.

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Global RO Water Purifier Market Regional Analysis

Here is a more detailed regional analysis of the global RO water purifier market:

Asia Pacific:

  • The Asia Pacific region is a dominant force in the RO water purifier market, driven by its large population, rapid urbanization, and rising disposable incomes. This confluence of factors has led to a substantial demand for clean drinking water solutions. The prevalence of waterborne diseases and the expanding middle class in the region have further accelerated the adoption of RO water purifiers. According to the World Health Organization’s 2021 report, around 273 million people in the Asia Pacific still lack access to safe drinking water, highlighting the urgent need for effective purification solutions.
  • The United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) predicts that the region’s urban population will grow from 2.3 billion in 2020 to 3.5 billion by 2050, putting enormous strain on existing water infrastructure and quality.
  • Furthermore, waterborne infections account for roughly 10% of the disease burden in certain Southeast Asian countries, increasing the need for dependable filtration technologies. The vast customer base in India and China, together with efforts such as India’s Jal Jeevan Mission, demonstrate the significant market potential for water filtration technologies. Many Asian countries have stringent water quality laws, which reinforces the region’s dominant position in the RO water purification market.

North America:

  • North America is developing as the second fastest-growing market for RO water purifiers, owing to rising concerns about water quality and safety, despite the region’s well-developed water infrastructure. The Environmental Protection Agency (EPA) has identified a need for USD 472.6 Billion over the next 20 years to maintain and improve the nation’s drinking water infrastructure, highlighting the region’s commitment to improving water quality. Contaminants such as lead and microplastics are major problems; 2022 research discovered that 80% of water samples from the United States and Canada included microplastics, emphasizing the importance of modern filtration technology such as RO systems.
  • Furthermore, around 7.5% of US households utilize private wells that are not regulated by the EPA, representing a sizable market for home water purification systems. Health consciousness is also increasing, with a 2023 Water Quality Association poll finding 62% of Americans concerned about drinking water contaminants, up from 48% in 2019.
  • Although North America has a lower penetration of RO water purifiers than Asia Pacific, the market is continuously rising. In 2020, the United States desalinated around 1.5 billion gallons of saline water per day using RO technology, representing a 42% increase from 2015. These reasons, together with a preference for premium products, are propelling the RO water purifier market in North America.

Global RO Water Purifier Market: Segmentation Analysis

The Global RO Water Purifier Market is Segmented on the basis of Accessories, Application, And Geography.

RO Water Purifier Market Segmentation Analysis

RO Water Purifier Market, By Accessories

  • Faucet Mount
  • Water Dispenser Pitcher Filter
  • Shower Filter
  • Under Sink Filter

Based on Accessories, the market is bifurcated into Faucet Mount, Water Dispenser Pitcher Filter, Shower Filter, and Under Sink Filter. Under-sink filters dominate the RO water purifier market due to their ability to treat a larger volume of water efficiently, resulting in filtered water for many taps. These systems provide a discreet, space-saving solution. Faucet-mount filters, on the other hand, are witnessing the quickest growth due to their providing a simple and economical way to get clean water right from the tap, making them appealing to budget-conscious consumers looking for a quick and easy filtration option.

RO Water Purifier Market, By Application

  • Residential
  • Commercial
  • Industrial

Based on Application, the market is segmented into Residential, Commercial, and Industrial. The residential segment dominates the RO water purifier market as people become more conscious of waterborne diseases and demand safe drinking water. This category benefits from rising disposable incomes, urbanization, and the growing middle class. On the other side, the commercial industry is expanding rapidly as businesses prioritize staff wellness, customer satisfaction, and regulatory compliance. The growing number of workplaces, restaurants, hotels, and medical facilities is pushing up demand for commercial water purifiers.

Key Players

The “Global RO Water Purifier Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are A. O. Smith Corporation, Eureka Forbes, Livpure Pvt. Ltd., Blue Star Limited, And KENT RO Systems Ltd. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

RO Water Purifier Market Recent Developments

RO Water Purifier Market Key Developments And Mergers

  • In January 2022, Tesla Power USA announced the debut of their wellness business “Tesla Healthy Life”, with a product line that includes Alkaline RO water purifiers. Tesla Power USA combined its expertise in the water sector with cutting-edge technology to provide healthy water at an affordable price by launching two series of Alkaline RO Water Purifiers, the YogJal Series and the Alkalino.
  • In June 2022, Waterdrop announced the release of the Waterdrop K6, the first reverse osmosis instant hot water dispenser to hit the market. This is the first-to-market RO System with a Heating Function, combining the benefits of an under-sink RO water filter with a heating water dispenser.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Base Year

2023

Forecast Period

2024-2031

Historical Period

2021-2022

Unit

Value (USD Billion)

Key Companies Profiled

A. O. Smith Corporation, Eureka Forbes, Livpure Pvt. Ltd., Blue Star Limited, And KENT RO Systems Ltd

Segments Covered
  • By Accessories
  • By Application
  • By Geography
Customization Scope

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope

Research Methodology of Verified Market Research:

Research Methodology of VMR

To know more about the Research Methodology and other aspects of the research study, kindly get in touch with our Sales Team at Verified Market Research.

Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Customization of the Report

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

Frequently Asked Questions

RO Water Purifier Market was valued at USD 33.11 Billion in 2023 and is projected to reach USD 55.17 Billion by 2031, growing at a CAGR of 7.27% from 2024 to 2031.

Growing Water Scarcity, Rising Awareness of Water-borne Diseases, Rapid Urbanization and Industrialization are the factors driving the growth of the RO Water Purifier Market.

The major players are A. O. Smith Corporation, Eureka Forbes, Livpure Pvt. Ltd., Blue Star Limited, And KENT RO Systems Ltd.

The Global RO Water Purifier Market is Segmented on the basis of Accessories, Application, And Geography.

The sample report for the RO Water Purifier Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.

1 INTRODUCTION OF THE GLOBAL RO WATER PURIFIER MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL RO WATER PURIFIER MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porter’s Five Force Model
4.4 Value Chain Analysis

5 GLOBAL RO WATER PURIFIER MARKET, BY ACCESSORIES
5.1 Overview
5.2 Faucet Mount
5.3 Water Dispenser Pitcher Filter
5.4 Shower Filter
5.5 Under Sink Filter

6 GLOBAL RO WATER PURIFIER MARKET, BY APPLICATION
6.1 Overview
6.2 Residential
6.3 Commercial
6.4 Industrial

7 GLOBAL RO WATER PURIFIER MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 The U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 The U.K.
7.3.3 France
7.3.4 Italy
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Latin America
7.5.1 Brazil
7.5.2 Argentina
7.5.3 Rest of LATAM
7.6 Middle East and Africa
7.6.1 UAE
7.6.2 Saudi Arabia
7.6.3 South Africa
7.6.4 Rest of the Middle East and Africa

8 GLOBAL RO WATER PURIFIER MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies

9 COMPANY PROFILES

9.1 A. O. Smith Corporation
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments

9.2 Eureka Forbes
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments

9.3 Livpure Pvt. Ltd
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments

9.4 Blue Star Limited
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments

9.5 KENT RO Systems Ltd.
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments

10 Appendix
10.1Related Research

Report Research Methodology

Research methodology

Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.

This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.

We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:

Exploratory data mining

Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.

All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.

expert data mining

For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.

Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.

Data Collection Matrix

PerspectivePrimary ResearchSecondary Research
Supplier side
  • Fabricators
  • Technology purveyors and wholesalers
  • Competitor company’s business reports and newsletters
  • Government publications and websites
  • Independent investigations
  • Economic and demographic specifics
Demand side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customer

Econometrics and data visualization model

data visualiztion model

Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.

All the research models are customized to the prerequisites shared by the global clients.

The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.

Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.

Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.

Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:

  • Market drivers and restraints, along with their current and expected impact
  • Raw material scenario and supply v/s price trends
  • Regulatory scenario and expected developments
  • Current capacity and expected capacity additions up to 2027

We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.

Primary validation

The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.

The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.

primary validation

Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:

  • Established market players
  • Raw data suppliers
  • Network participants such as distributors
  • End consumers

The aims of doing primary research are:

  • Verifying the collected data in terms of accuracy and reliability.
  • To understand the ongoing market trends and to foresee the future market growth patterns.

Industry Analysis Matrix

Qualitative analysisQuantitative analysis
  • Global industry landscape and trends
  • Market momentum and key issues
  • Technology landscape
  • Market’s emerging opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2027
  • Market revenue estimates and forecasts up to 2027, by technology
  • Market revenue estimates and forecasts up to 2027, by application
  • Market revenue estimates and forecasts up to 2027, by type
  • Market revenue estimates and forecasts up to 2027, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

RO Water Purifier Market

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