Point-of-Use Water Treatment Systems Market Scope, Global Analysis, Regional Trends, COVID-19 Impact, Industry Demand, C

The water treatment system (point of entry) market size will touch USD 28,072.6 million at an 8.50% CAGR in the forecast period

Water Treatment Systems (Point of Entry) Market Analysis 

The water treatment system (point of entry) market size will touch USD 28,072.6 million at an 8.50% CAGR in the forecast period (2020 2027), states the latest Market Research Future (MRFR) report.

Water Treatment Systems Market Drivers/ Water Treatment Systems (Point of Entry) Market Trend

Scarcity of Clean Water to Boost Market Growth 

The shortage of clean water especially in developing countries coupled with depleting freshwater resources will boost the market over the forecast period.

Opportunities 

Increasing Use in Food and Beverage Industry to offer Robust Opportunities 

The increasing use of point of entry water treatment systems in the food and beverage industry will offer robust opportunities for this market covering the forecast period. It is used to attain sustainable and clean drinking water and also manage wastewater. Besides, it helps to remove brine, bacteria, and other contaminants.

Restraints 

High Equipment and Maintenance Cost to act as Market Restraint 

The high cost of maintenance and equipment that has limited the adoption of water treatment system by households may act as a market restraint over the forecast period.

Challenges 

Demand for Packaged Drinking Water to act as Market Challenge 

The demand for packaged drinking water for its portability and easy handling may act as a market challenge over the forecast period.

Market Segmentation 

The water treatment system market is bifurcated based on device, technology, and end use.

By device, the counter-top units segment will lead the market over the forecast period.

By technology, the filtration segment will dominate the market over the forecast period.

By end use, the residential segment will spearhead the market over the forecast period.

COVID-19 Analysis 

PoU devices installations and manufacturing have been heavily impacted for shutting down of businesses, limited state government and local office activities, and social distancing norms. The PoU manufacturers are still providing water treatment systems with minimal workforce in areas where it is safe and permitted to do so. The growth of the water treatment system market is likely to witness fluctuations owing to the COVID-19 crisis. Lack of demand, strict government regulations, social distancing law, lack of labor, and disturbance in raw material supply are impacting the water treatment systems (Point of Entry) market growth. 

Regional Analysis 

APAC to Command Water Treatment System Market 

The APAC region will command the market over the forecast period. Improving global economy, rapid urbanization, expanding working population, growing awareness about water purification technologies, rise in disposable income, growth in the middle-class population, large-scale investments in research and technology in China, China undertaking massive changes in the sanitation and water supply scenario to overcome numerous challenges such as increasing urbanization and increasing economic disparity between the rural and urban populations, and scarcity, contamination, and water pollution are adding to the global water treatment systems (Point of Entry) market share in the region. Besides, growing demand for fresh drinking water, growing health concerns, strict government regulations for purifying water from cleaning raw materials to implementing recipes, and ease of availability of raw materials are also adding market growth. China, India, and Japan have the utmost market share. 

Key Players 

Eminent players profiled in the global water treatment system market report include Pentair Plc. (UK), Panasonic Corporation (Japan), LG Electronics (South Korea), Honeywell International Inc. (US), Hindustan Unilever Limited (UK), COWAY CO., Ltd (South Korea), Culligan (US), Eureka Forbes (India), BWT Aktiengesellschaft (Austria), Tata Chemicals Ltd. (India), Global Water Solutions Ltd. (Jersey), and Whirlpool Corporation (US).

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Shubham Gurav

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