February 08, 2022 12:12 ET | Source: Arizton Advisory and Intelligence Arizton Advisory and Intelligence
Chicago, Feb. 08, 2022 (GLOBE NEWSWIRE) -- The water filter market is expected to grow at a CAGR of 6% during the period 2022−2027.
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Water Filter Market - Segmentation Analysis
Offline sales dominated the global water filters market holding a share of 68.50% in 2021 and is expected to grow at a significant rate due to the high demand for experiencing and using the filters before making the final purchase. As vendors have a lot of opportunities to explore and sell their products through this segment, owing to the larger customer outreach these possess. Moreover, Commercial water filters are structurally small, energy-efficient and consumes very nominal amounts of power to function. The revenue from commercial segment in the water filter market is expected to reach USD 4.45 billion by 2027.
Market Segmentation by Media Type
In the competitive market such as water filter industry, it is more crucial for the vendors to tap the opportunity in every category including shower and inline water filters. Collaborating the product with smart technology and mobile applications serve as a major point of differentiation in the highly fragmented which create lucrative opportunities for vendors in the global market. Penetrating the smart filter segment such as TAPP 2 Click smart water filters that use Bluetooth technology to offer reminders via mails and applications is also highly recommended. The consumer score, ratings, and reviews on websites such as Amazon, Walmart, and Home Depot driving the sales among millennial homeowners. However, offline sales and high customer-friendly approaches are encouraged in booming markets of the APAC and Latin America. Players are expected to boost their presence to gain larger share in the water filter market.
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Water Filter Market – Table of Content
4.3.1 Market Segmentation by Media Type
7.3 Types of Residential Water Filters
8.2 Growth in Smart Water Filters
9.2 Rising Awareness of Waterborne Diseases
9.3 Importance of RO Filtration Systems
10.1 Complying with Standards & Certifications
10.2 Low Penetration & High Maintenance Cost
10.3 High-Quality Tap Water in Developed Economies
12.1 Market Snapshot & Growth Engine
13.1 Market Snapshot & Growth Engine
14.1 Market Snapshot & Growth Engine
15.1 Market Snapshot & Growth Engine
16.1 Market Snapshot & Growth Engine
17.7.1 US: Market Size & Forecast
17.7.2 Canada: Market Size & Forecast
18.7.1 China: Market Size & Forecast
18.7.2 Japan: Market Size & Forecast
18.7.3 Australia: Market Size & Forecast
18.7.4 India: Market Size & Forecast
18.7.5 Indonesia: Market Size & Forecast
19.7.1 Germany: Market Size & Forecast
19.7.2 UK: Market Size & Forecast
19.7.3 France: Market Size & Forecast
19.7.4 Italy: Market Size & Forecast
19.7.5 Spain: Market Size & Forecast
20.7.1 South Africa: Market Size & Forecast
20.7.2 Saudi Arabia: Market Size & Forecast
20.7.3 Turkey: Market Size & Forecast
21.7.1 Brazil: Market Size & Forecast
21.7.2 Mexico: Market Size & Forecast
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