The globalpoint-of-usewater treatment systems market size is anticipated to witness significantgrowth on account of the increasing levels of water pollution, attributed to
the rise in urbanization and industrialization, coupled with the increasing
importance of clean water. As per a recent report by Fortune Business Insights,
The global point of use watertreatment systems market size was valued at USD 19.58 billion in 2021 and is
projected to grow from USD 20.94 billion in 2022 to USD 36.54 billion by 2029,
exhibiting a CAGR of 8.3% during the forecast period. Outbreak of covid-19 is expected tohave significant impact on growth of the market. The year-on-year growth rate
is estimated to decline for the next two years as compared to the earlier.
Source:
The emergence of COVID-19 has brought theworld to a standstill. We understand that this health crisis has brought an
unprecedented impact on businesses across industries. However, this, too, shall
pass. Rising support from governments and several companies can help in the
fight against this highly contagious disease. Some industries are struggling,
and some are thriving. Overall, almost every sector is anticipated to be
impacted by the pandemic.
Weare making continuous efforts to help your business sustain and grow during
COVID-19 pandemics. Based on our experience and expertise, we will offer you an
impact analysis of coronavirus outbreak across industries to help you prepare
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The Report Answers the following Questions?
· How fierce is the competition ofthe market?
· What are the key trends, andcurrent industry developments of the market?
· Which strategies are executed bymarket players? How far is the success rate?
· What is the impact of smartpurifiers on the point-of-use water treatment system market?
Segment-
RO Filters Segment to Dominate Owing to High Preference forTreating Hard Water
Based oncategory, RO filters segment dominated the market was dominated in 2019 on
account of the highly advanced membrane filtration technology that guarantees
99% of the germ removal from water, thereby offering pure water. Besides this,
RO filters are also considered to be the best solution for treating hard water. However, the UV filters segmentearned a 22.8% share in the market.
