Bangladesh Gravity-based Water Purifier Market to Reach US$ 157.9 Million by 2028, Propelled by Increasing Levels of Water Pollution

March 21, 2023 | Retail

According to the latest report by IMARC Group, titled “Bangladesh Gravity-based Water Purifier Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” the Bangladesh gravity-based water purifier market size reached US$ 76.7 Million in 2022. A gravity-based water purifier is a non-electric purifier that helps remove undesirable chemicals, biological contaminants, and suspended solids and gases from water. It has two compartments separated by a microfiber mesh (MF) or ultra-filtration membrane and uses an activated carbon filter that removes dirt, dust, bacteria, viruses, and parasites for a chemical-free water filtration process, making the water suitable for drinking. Unlike conventionally used water-purification solutions, the gravity-based water purifier does not require electricity for its operations and offers advantageous features such as cost-effectiveness, convenient usage, user-friendliness, easy portability, and energy efficiency. As a result, it is extensively installed across several residential, commercial, and industrial sectors in Bangladesh.

Bangladesh Gravity-based Water Purifier Market Trends:

Rising levels of water pollution in Bangladesh due to the presence of heavy metals, such as arsenic, and bacteria, in the water bodies as a result of the spillage of heavy industrial and agricultural pollutants are driving the market growth. Besides this, the escalating consumer awareness and concerns regarding the detrimental health effects of contaminated water are contributing to the market growth. In addition to this, extensive investments in sustainable and efficient purification infrastructures and the introduction of numerous initiatives by the Government of Bangladesh promoting the need for clean and safe drinking water are creating a positive outlook for the market. Concurrent with this, the rapid shift towards gravity-based water purifiers from electricity-based purifiers due to the implementation of various policies aiming to reduce carbon footprints is strengthening the market growth. Furthermore, rapid industrialization, expanding population, elevated living standards of the consumers, and inflating disposable incomes, combined with various incentives and discounts offered by manufacturers to expand their consumer base, are aiding in market expansion. Moreover, advancing filtration technologies and the proliferation of international market players are presenting remunerative growth opportunities for the market. Looking forward, the market value is projected to reach US$ 157.9 Million by 2028, expanding at a CAGR of 12.7% during 2023-2028.

Market Summary:

Based on the product type, the market has been bifurcated into individual and community water purifiers.
On the basis of the distribution channel, the market is segregated into direct sales, company outlets, online, and others.
The competitive landscape of the market has also been examined, with some of the key players being Eureka Forbes, Kent RO Systems Ltd., LAN SHAN Enterprise Co, Ltd., Livpure Private Limited, Pure-Pro Water Corporation, Ultima Care, Unilever Plc, and Walton Group.

Report Scope:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Million
Segment Coverage	Product Type, Distribution Channel
Companies Covered	Eureka Forbes, Kent RO Systems Ltd., LAN SHAN Enterprise Co, Ltd., Livpure Private Limited, Pure-Pro Water Corporation, Ultima Care, Unilever Plc, and Walton Group
Customization Scope	10% Free Customization
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Bangladesh Gravity-based Water Purifier Market to Reach US$ 157.9 Million by 2028, Propelled by Increasing Levels of Water Pollution

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