DUBLIN, April 11, 2022--(BUSINESS WIRE)--The "Water Softener Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global water softeners market would realize an absolute growth of 63% in terms of revenue in the period between 2021-2027
The rising demand for water treatment in countries such as China, India, and Singapore is expected to propel the demand for water softeners during the forecast period. As we advance, factors like urbanization, pollution, industrialization, population growth, and demography are expected to shape the demand for water softeners in households.
Salt-based segment accounted for majority share of the global water softeners market in 2021 and is expected to grow with an 8.30% CAGR during the forecast period in terms of revenue.
By application, residential segment dominated the global water softeners market with a revenue share of 40.12% in 2021 and is expected to grow with a CAGR of 9.12% by the end of 2027.
The North America dominates the overall water softeners market with a share of 38.24% in 2021 in terms of revenue. The growth of this market in North America is mainly supported by the robust demand generated by food & beverages, offices, residential flats, pharmaceutical, universities, and water treatment facilities.
The key vendors in the water softener market are Culligan, Pentair, 3M, A.O. Smith, and GE Appliances.
There has been an increase in the number of mergers and acquisitions in the market. For instance, In 2021, A.O. Smith acquired Master Water Conditioning Corporation, and in 2019, Culligan acquired AquaVenture Holdings.
Growing Consumer Awareness on Water Quality and Taste
Effects of Hardwater on Plumbing and Appliances
Growing RO Market is Likely to Benefit Water Softeners
8.2 Consumer Awareness of Water Quality and Taste
9.1 Effects of Hardwater on Plumbing and Appliances
9.4 Growing Ro Market to Benefit Water Softeners
10.1 High Investment & Maintenance Costs
10.2 Environmental Impact of Water Softener
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
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