New York, July 21, 2021 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Home Water Filtration Systems Market – Global Outlook & Forecast 2021-2026” – https://www.reportlinker.com/p06106154/?utm_source=GNW
49% during the period 2021–2026.
The home water filtration systems market is expected to pose an absolute growth of 63.05%, with growth potential in APAC, Latin American, and the Middle East & African region in the upcoming years. The government initiatives towards health awareness are enforcing the adoption of purification and filtration systems across the residential sector.
The following factors are likely to contribute to the growth of the home water filtration market during the forecast period:
• Booming DIY Water Filters
• Rise in Awareness on Water-Borne Diseases
• Growth in Smart Water Filters
• Increasing Consumption of Packaged Drinking Water
The study considers the home water filtration systems market’s present scenario and its market dynamics for the period 2020?2026. It covers a detailed overview of several market growth enablers, restraints, and trends.
The report offers both the demand and supply aspects of the market. It profiles and examines leading companies and other prominent ones operating in the market.
MARKET SHARE & SEGMENTS
The global home water filtration market includes a detailed segmentation by product type, end-use, distribution channel, geography.
Segmentation by Product Type
• Whole House
• Under the Sink
• Pitchers & Dispensers
• Shower Mounted
Segmentation by End-Use
• Laundry & Appliances
Segmentation by Distribution Channel
APAC and North America dominate the home water filtration market share. Inadequate sewage disposal mechanisms, low and ineffective public water treatment plants, and high incidence of waterborne diseases like typhoid are expected to propel the demand for filtration systems across APAC. In a highly competitive and fragmented country like China, customer needs & demands, source of distribution, and customer satisfaction are more crucial to sustain and gain a competitive edge in the upcoming years.
Segmentation by Geography
• North America
• Latin America
• Middle East & Africa
o South Africa
o Saudi Arabia
The home water filtration market is highly competitive with the presence of product innovation by several players. Some significant players dominating the market are Aquasana, Culligan, iSpring, Pentair, and APEC Water Systems. Collaborating the product with smart technology and mobile applications serve as a significant point of differentiation in the fragmented home water filtration systems market. Product penetration with customer…