The latest report by IMARC Group, titled “Gravity-Based Water Purifier Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028,” offers a comprehensive analysis of the industry, which comprises insights on gravity-based water purifier market share. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global gravity-based water purifier market size reached US$ 3.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 5.4 Billion by 2028, exhibiting a growth rate (CAGR) of 5.6% during 2023-2028.
A gravity-based water purifier is widely used for decontaminating water from chemicals, microorganisms, substances, and dissolved solids in order to make it safe for consumption. In comparison to the conventionally used water-purification solutions, it generally operates through an ultra-filtration mechanism or activated carbon, does not require electricity for its operations and offers advantageous features, such as the convenience of usage and cost-effectiveness. The demand for gravity-based water purifiers is increasing due to the rising product uptake across domestic and commercial sectors.
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Market Trends:
The rising consumer preferences toward convenient water purification techniques majorly drive the market. Since gravity-based water purification systems exhibit numerous benefits, such as easy portability, performance efficiency, and zero electricity consumption, this is providing a boost to the market growth. Along with this, the growing need for safe water for the masses led to an increased demand for water purification systems, thereby positively influencing the market.
Moreover, the rapid shift towards gravity-based water purifiers from electricity-based purifiers as a result of the launch of various initiatives for reducing carbon footprints is creating a positive market outlook. Some of the other factors driving the market further include the growing consumer awareness regarding the consumption of clean drinking water, the inflating disposable income levels of individuals and rising pollution level.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Aquafine
- Aquatech
- Eureka Forbes
- GE Appliances
- HUL
- Kent RO Systems
- LG
- Livpure
- Panasonic
- Philips
Gravity-Based Water Purifier Market Segmentation:
Our report has categorized the market based on region, product type, end-use and distribution channel.
Breakup by Product Type:
- Individual Water Purifiers
- Community Water Purifiers
Breakup by End-Use:
- Residential
- Commercial
- Others
Breakup by Distribution Channel:
- Direct Sale
- Company Outlets
- Online
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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