About home water purifier
Water purification is the process of removing unwanted chemicals, biological contaminants, and suspended solids and gases from contaminated water. The major use of home water purifier is to purify contaminated water and make it fit for drinking. Purification helps reduce the concentration of particulate matter in water and hence the chance of waterborne diseases. Based on product type, home water purifiers are classified into three: RO-based water purifier, UV-based water purifier, and gravity-based water purifier.
Technavio analyst forecast the home water purifier market in India to grow at a CAGR of 23.04% over the period 2014-2019.
Covered in this report
The report covers the present scenario and future growth prospects of the home water purifier market in India for the period 2015-2019. To calculate the market size, the report considers revenue generated through the sales of home water purifiers in India.In terms of product, the home water purifier market in India has been segmented into three:
Technavio Announces the Publication of its Research Report – Home Water Purifier Market in India 2015-2019
Technavio recognizes the following companies as the key players in the Home Water Purifier Market in India: Eureka Forbes, Kent RO, Ion Exchange, Kent RO and TATA Chemical
Other prominent vendors in the market are: 3M, Adhunik, Apex, Aqua fresh, Expert, Filmtech, Godrej, Kelvinator Quanta, Krona Liquetac, LG Electronics, Livpure pep plus, Mannya Grand Plus, Nasaka Xtra, Okaya, Own, Panasonic, Propello Uno, Sajal, Secure Water Purifier, Ventair, Whirlpool
Commenting on the report, an analyst from Technavio’s team said: “Vendors are increasingly focussing on product innovation and product differentiation to gain a competitive edge. In 2014, Eureka Forbes launched a portable water purification system, which looks like a sipper, for $10. The sipper contains a miniature water purification technology and removes 99.9% of impurities present in the water. It also does not require electricity to function.”
According to the report, improved economic conditions and an increase in India's GDP will attract investment in infrastructure development. These factors will propel the growth of the Indian real estate market in the forecast period. In addition, surge in urbanization is also causing an increase in the number of households. The total number of households is expected to increase during the forecast period. We believe that these factors will lead to a rise the demand for home water purifiers.
Further, the report states that the high price of UV and RO water purifiers hinders market growth in these areas.
Eureka Forbes, Kent RO, Ion Exchange, Kent RO, TATA Chemical, 3M, Adhunik, Apex, Aqua fresh, Expert, Filmtech, Godrej, Kelvinator Quanta, Krona Liquetac, LG Electronics, Livpure pep plus, Mannya Grand Plus, Nasaka Xtra, Okaya, Own, Panasonic, Propello Uno, Sajal, Secure Water Purifier, Ventair, Whirlpool
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