The global gravity-based water purifier market size grew at a CAGR of 13% during 2014-2019. A gravity-based water purifier is a water-purification device that operates through ultra-filtration mechanism or activated carbon. Unlike the conventionally used water-purification solutions, these purifiers do not require electricity for their operations and offer associated advantageous features, including cost-effectiveness and convenience of usage. Owing to this, they are considered as an ideal water-purification solution primarily for the domestic sector.
The gravity-based water purification systems are extensively being adopted globally due to their performance efficiency, easy portability, and zero electricity consumption. The demand for these purifiers is also facilitated by the growing consumer preferences towards convenient and simple water purification techniques. Owing to the degrading quality of drinking water resources, particularly in the Asia Pacific and African regions, the governments are rapidly investing in sustainable and efficient purification infrastructures in these countries. Moreover, the implementation of stringent governmental regulations, coupled with the launch of various initiatives for reducing the carbon footprints has led to the replacement of electricity-based purifiers with gravity-based water purifiers. Furthermore, increasing disposable income levels, rising living standards, and growing consumer awareness are some of the other key factors that are expected to create potential revenue opportunities for players operating in the gravity-based water purifier market. Looking forward, the market is expected to continue its double digit growth rate in the next five years.
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The competitive landscape of the industry has also been examined with some of the key players being Aquafine, Aquatech, Eureka Forbes, GE Appliances, HUL, Kent RO Systems, LG, Livpure, Panasonic, and Philips.
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