Water Purifier Market To Witness Huge Growth By 2022Posted by kailas waghmare on June 10th, 2019 Water Purifier Market Report, published by Allied Market Research, forecasts that the global market is expected to garner .3 billion by 2022, registering a CAGR of 10.4% during the period 2016-2022. Asia-Pacific accounted for the highest share of the market in 2015. However, LAMEA is anticipated to witness the fastest CAGR of 13.5% during the forecast period. The growth in the region is primarily supplemented by the deteriorating quality of drinking water, growing industrialization & urbanization, and rising awareness towards waterborne diseases. Download PDF Report Sample @: https://www.alliedmarketresearch.com/request-sample/1394 The market segmentation on the basis of technology includes gravity purifier, UV purifier, and RO purifier. RO purifiers accounted for a market share of around 63% in 2015 and the segment is estimated to grow at a prominent CAGR of 11.7% during the forecast period. Increasing adoption amongst households in developing economies owing to rising levels of disposable income and performance efficiency offered by RO water purifiers would fuel its market growth in the coming years. The market is likely to witness the launch of innovative, UV based portable water purifiers in near future, owing to the rising demand of easy to carry purifiers, driven by the increasing trend of outdoor activities, and work and leisure trips. Major Players:
In terms of distribution channel, the market is divided into retail stores, direct, and online sales channels. The retail segment dominated the market in 2015, followed by direct selling which accounted for 14.7% of the overall market in 2015. Key findings of the study:
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