Residential Water Treatment Market – Industry Trends and Forecast to 2028
MarkNtel Advisors, a prominent market research firm, has recently published a report titled Residential Water Treatment Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028. This study offers an in-depth examination of the industry, encompassing Residential Water Treatment market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and regions while spotlighting the most recent developments in the market.
Residential Water Treatment Reports Highlights
What is the size of the Residential Water Treatment Market?
The Global Residential Water Treatment Market is projected to grow at a CAGR of around 5.26% during the forecast period, i.e., 2023-28. The market growth imputes to the rising health concerns & awareness of consumers toward the use of high-quality water. These mounting concerns among people over the surging incidences of waterborne diseases such as cholera, typhoid, polio, dysentery, diarrhea, and dysentery which has led to a surge in demand for residential water treatment globally.
What do the growth prospects and trends look like in the Residential Water Treatment Industry?
Fight Against Waterborne Diseases to Boost the Demand for Residential Water Treatment Market – The rising consumer concern about health & safe drinking water is driving the Residential Water Treatment market during the historical period. Contaminated water & the resultant waterborne diseases are becoming a huge concern for the global population. Hence, to remove harmful chemicals, gases, suspended solids, and biological pollutants from drinking water, the demand for water treatment devices has been increasing around the globe.
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What Components are encompassed within Residential Water Treatment Market segmentation?
The report has divided the market into the following segments:
-Under the Sink
-Whole House Filter
-Mechanical Filters/Carbon Filters
By End User
-Individual Landed Houses
By Application Point
-Point of Use
-Point of Entry
-The Middle East & Africa
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Who are the Primary Companies or Entities active in the Industry?
The report covers the major market players including:
-A.O Smith Corporation
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