Global Point-of-Use Water Treatment Systems Market Size By Application(Residential and Non- Residential), By Device(Tabletop pitchers, Faucet-mounted filters), By Technology(Reverse osmosis systems, Ultrafiltration systems, Distillation systems), By Geographic Scope And Forecast

Published Date: July - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format

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Global Point-of-Use Water Treatment Systems Market Size By Application(Residential and Non- Residential), By Device(Tabletop pitchers, Faucet-mounted filters), By Technology(Reverse osmosis systems, Ultrafiltration systems, Distillation systems), By Geographic Scope And Forecast

Point-of-Use Water Treatment Systems Market Size And Forecast

Point-of-Use Water Treatment Systems Market size was valued at USD 15.71 Billion in 2021 and is projected to reach USD 35.05 Billion by 2030, growing at a CAGR of 9.33% from 2022 to 2030.

Rising demand for clean drinking water, increasing water contamination, growing human population, growing awareness about the benefits of water treatment, and technological innovations in the water treatment industry are all these factors fueling the growth of the market. The Global Point-of-Use Water Treatment Systems Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Point-of-Use Water Treatment Systems Market Definition

Think of point-of-use (POU) technologies as your own personal water treatment system! These on-site gadgets zap those nasty pathogens right before you drink the water. Over the last ten years, we've seen tons of cool POU treatments pop up. A Point of Use (POU) device is basically a water filter for one faucet – it cleans up the water just before it hits your glass. You can hide them under the sink, clip them onto the faucet, or just plop them on the counter. Now, if you're looking to treat all the water in your house, that's when you need a point of entry (POE) device. That handles everything!

Homeowners sometimes use POU devices to improve the aesthetic impact (taste, color, and odor) of drinking water provided by a nearby public drinking water system. In other cases, they are put in place by private good owners or public water providers to meet the criteria for the purity of drinking water. Point-of-use water treatment systems can be installed at a single water connection, typically under the sink in the kitchen or bathroom. Middle-class demand in the Asia-Pacific region is being fueled by rapid urbanization and rising knowledge of these systems.

Point-of-use (POU) water filters are intended to reduce or eliminate pollutants in the water, such as pathogens, at the faucet or shower. The POU filter’s filtration mechanism removes harmful pathogens as water moves through it, ultimately enhancing the quality of the water. The filters are extremely useful for medical settings, particularly when dealing with patients who could have impaired immune systems. Studies demonstrate that by preventing waterborne pathogens from entering the patient, these filters can lower illnesses and healthcare costs.

Global Point-of-Use Water Treatment Systems Market Overview

So, what's driving the growth in the water treatment market? Well, a few things really. We've got a rising demand for clean drinking water, and unfortunately, increasing water contamination to deal with. Plus, the human population keeps growing, and thankfully, more and more people are aware of the benefits of water treatment. And let's not forget about the cool technological innovations we're seeing in the industry! Water contamination, which happens when harmful stuff gets into our water—directly or indirectly—without being properly cleaned up, is a big problem. We're talking about things like microbial pathogens, nutrients, heavy metals, pesticides, and even just plain old heat that can mess with water quality. To make water safe for us, it goes through a bunch of processes like filtration and disinfection before it reaches our homes and businesses. But even with point-of-use systems, some contaminants still slip through. That's why the market for these systems is booming—because water pollution is a growing concern, and we need to treat more and more water.

However, high installation, equipment, and operational cost restrain the growth of the Point-of-Use Water Treatment Systems Market. Despite the fact that water treatment has several benefits, point-of-use water treatment system installation is expensive. A water softener, for example, which is used to convert hard water into soft water, can cost between USD 2,000 and USD 4,000. The cost of installing a water softener is high because technicians and installers are needed. Some of the point-of-use water treatment systems have high operating and maintenance expenses. For instance, the energy used for cooling and heating in the distillation systems is considerable.

Global Point-of-Use Water Treatment Systems MarketSegmentation Analysis

The Global Point-of-Use Water Treatment Systems Market is segmented based on Application, Device, Technology, and Geography.

Point-of-Use Water Treatment Systems Market, By Application

• Residential• Non- Residential

Based on Applications, Point-of-Use Water Treatment Systems Market is segmented into Residential and Non- Residential. The residential segment is expected to be the largest segment in the point-of-use water treatment systems market. The use of point-of-use water treatment systems to generate potable water for domestic use is the major component of the residential application. Due to the rising demand for treated drinking water, the removal of unpleasant taste, odour, and discoloration, suspended solids, biodegradable organics, and pathogenic bacteria, the residential water treatment application is anticipated to experience rapid expansion.

Point-of-Use Water Treatment Systems Market, By Device

• Tabletop pitchers• Faucet-mounted filters• Counter-top units• under-the-sink filters• Others

When we talk about Point-of-Use Water Treatment Systems, we can break them down by the Device that's used. You've got your classic Tabletop pitchers, convenient Faucet-mounted filters, and then there are the Counter-top units (also known as On-counter filters). These guys sit right on your counter and hook up directly to the faucet. They’ve even got a little diverter valve so you can switch between filtered and unfiltered water with ease! Inside, they use fancy tech like reverse osmosis and activated carbon to filter out all sorts of nastiesbacteria, dirt, chlorine, particulates, rust, even heavy metals like lead and mercury, plus sediment, copper, benzene, cadmium, and cysts. Oh, and a big bonus with Counter-top units? You don't have to swap out the filters nearly as often! And let's not forget about the Under-the-sink filters and the "Others" category rounding out the options.

Point-of-Use Water Treatment Systems Market, By Technology

• Reverse osmosis systems• Ultrafiltration systems• Distillation systems• Disinfection methods• Filtration methods• Ion-exchange• Others

When we talk about Point-of-Use Water Treatment Systems, we can break them down by the technology they use. That means we're looking at things like Reverse Osmosis, Ultrafiltration, Distillation, different Disinfection methods, various Filtration methods, Ion exchange, and even some "other" techniques. Now, it looks like Reverse Osmosis is going to be the biggest piece of the pie. So, what's that all about? Well, Reverse Osmosis is essentially a way of making really pure water by forcing it through a special membrane at high pressure. This membrane acts like a super-fine filter, blocking nasty stuff like inorganic minerals (think radium, sulfate, calcium... the list goes on!), organic compounds (like pesticides, yuck!), and a whole bunch of other impurities. And often, these Reverse Osmosis systems also have regular mechanical filters and activated carbon filters to help clean the water even more.

Point-of-Use Water Treatment Systems Market, By Geography

• North America• Europe• Asia Pacific• Rest of the World

Based on Region, Point-of-Use Water Treatment Systems Market is divided into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region accounted for the largest market share in 2020. China, India, and Asian countries are the key drivers of point-of-use water treatment system demand in the Asia Pacific because of their concerns over-treated water, rapid urbanization, and economic expansion. These nations’ expanding populations offer a large customer base. Increased governmental and private sector investments, rising population, growing economy, and high disposable income all support the expansion of these industries.

Key Players

The “Global Point-of-Use Water Treatment Systems Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Pentair PLC, Honeywell International, Panasonic Corporation, Unilever PLC, LG Electronics, Coway Co. Ltd., Best Water Technology AG, Toray Industries, amongst others.

The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In April 2020Panasonic entered the domestic well water central purifier business in Indonesia. This device removes hard-to-remove iron using the quick oxidation process to provide clean water for safe and healthy living. This worldwide growth expanded the company’s customer base in the Asian water treatment market.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2018-2030

BASE YEAR

2021

FORECAST PERIOD

2022-2030

HISTORICAL PERIOD

2018-2020

UNIT

USD(MILLION)

KEY COMPANIES PROFILED

Pentair PLC, Honeywell International, Panasonic Corporation, Unilever PLC, LG Electronics, Coway Co. Ltd., Best Water Technology AG, Toray Industries, amongst others.

SEGMENTS COVERED

By Application, By Device, By  Technology and By Geography.

CUSTOMIZATION SCOPE

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Reasons to Purchase this Report

We dig deep into the market using both qualitative and quantitative analysis, breaking it down by segments based on financial stuff and things that aren't just about money. We'll give you the market value in USD Billion for every single segment and sub-segment. You'll also find out which regions and segments are predicted to grow the fastest and be the biggest players. Plus, we'll analyze each region geographically, looking at how much of the product/Non-Residential is being used and what's impacting the market there. Want to know who's on top? We've got a competitive landscape view with market rankings for the major players, along with details on recent Non-Residential/product launches, partnerships, expansions, and acquisitions from the last five years. Our detailed company profiles give you an overview, insights, product comparisons, and SWOT analysis for the key companies. We cover the current and future outlook for the industry, looking at recent changes (including growth opportunities, what's driving the market, and the challenges ahead in both new and established areas). We even give you an in-depth look using Porter's Five Forces analysis and insight through the Value Chain. Expect a breakdown of market dynamics, with growth opportunities highlighted for the coming years. Oh, and don't forget - you get 6 months of analyst support after you purchase!

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