According to the recent report by IMARC Group, titled “Europe Water Purifier Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the water purifier market in Europe reached a value of US$ 10.9 Billion in 2021. A water purifier refers to a device utilized to filter impurities like chemicals, microorganisms, toxins, and suspended solids from water and dispense clean water. Water purification minimizes the chances of acquiring waterborne diseases, making it fit for drinking and other applications. There is a range of water purifiers available, ranging from sediment filters to the modern ultraviolet (UV) purifiers. Due to a decline in the quantity of potable water, individuals are becoming aware of the need for clean drinking water in order to reduce the chances of acquiring diseases. Most households in Europe are equipped with water purifiers as individuals have a high standard of life with inflated disposable incomes.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Europe Water Purifier Market Trends:
One of the major concerns in Europe is the scarcity of freshwater and the threat of waterborne diseases, which have compelled individuals to set up water purifiers in their households. In addition to this, they are also replacing their existing purifiers with the latest variants, thereby bolstering the market growth. Moreover, major companies are investing in innovative technologies to enhance the quality and functions of water purifiers. Furthermore, strict regulations to maintain the standards of drinking water by the European Commission have impacted the market growth positively. Some of the other factors propelling the demand for water purifiers are increasing construction projects and industrial establishments. On account of these factors, the market is expected to grow at a CAGR of 8.0% during 2022-2027.
- Based on the technology type, the market has been classified into gravity purifiers, UV purifiers, RO purifiers, sediment filter, water softener, and others.
- On the basis of the distribution channel, the market has been divided into online, retail stores, and direct sales.
- Based on the end user, the market has been segregated into the industrial, household, and commercial segments.
- Country-wise, the market has been categorized into the United Kingdom, Germany, Spain, France, Italy, and Others.
- The competitive landscape of the market has been analyzed in the report with the detailed profiles of the key players operating in the industry.
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