Malaysia Water Purifiers Market, By Mode (POU, POE), By Type (Counter Top, Under Sink, Faucet Mount, Others), By Technology (RO, UF, UV, Media, Others), By Region, Competition, Forecast & Opportunities, 2016-2026
Malaysia Water Purifiers Market was valued at USD353.20 million in 2020 and is projected to reach USD653.10 million by 2026. Increasing concerns towards health and well-being amongst people, growing risk of drinking contaminated water, rising incidences of waterborne diseases, launch of comprehensive water purification service campaigns by government and semi-government bodies are expected to positively influence the Malaysia Water Purifiers Market in the coming years.
Malaysia Water Purifiers Market is segmented into mode, type, technology, and region. Based on mode, the market is segmented into POU and POE. The POU systems are installed at the tap water supply point whereas, the POE systems are installed at the main water supply inlet. The POU segment dominated the market with a share of 86.59% in 2020 and is expected to dominate the market in the forecast period as well because POU systems are more cost efficient and occupy less space in comparison to the POE systems.
Based on the type, the market is segmented into counter top, under sink, faucet mount and others including wall mounted, tabletop, etc. The counter top segment dominated the market with a share of 50.05% in 2020, primarily due to their ease of implementation and cost benefits. The counter top water purifiers are light and compact and can easily be installed directly to a tap and also their water filtration cartridges are easy to change.
Based on technology the market is sub-segmented into RO, UV, UF, media, and others including activated carbon and sediment filter, etc. The RO segment held a market share of 46.37% in 2020 and is expected to dominate the market during the forecast period primarily because of their widespread adoption across the urban sector. RO filters out all the bacteria and viruses, removes all the suspended and visible impurities and helps in reduction of TDS upto 90%, providing a clean and safe drinking water.
Regionally, the Malaysia Water Purifiers Market is segmented into two regions including East Malaysia and West Malaysia. Among these regions, West Malaysia is expected to dominate the market in the forecast period on account of the widespread urbanization and industrialization in the area. West Malaysia has a majority of urban population, which boosts the growth of water purifiers in the market. East Malaysia is rich in natural sources and comprises mainly of the rural population which rely on the traditional tap water sources for water consumption.
The major players operating in the Malaysia Water Purifiers Market are Coway (Malaysia) Sdn. Bhd, CUCKOO International (MAL) Sdn. Bhd., Aqua Kent RO Malaysia, NEP Holdings (Malaysia) Berhad, 3M Malaysia Sdn. Bhd., AMWAY (Malaysia) Sdn. Bhd., Panasonic Malaysia Sdn. Bhd., PureGen Technologies Sdn. Bhd., Nikom Global Marketing (M) Sdn. Bhd., Bio Pure (Elken Global Sdn. Bhd.). These companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers and acquisitions and new service developments.
Years considered for this report:
Historical Years: 2016-2019
Base Year: 2020
Estimated Year: 2021
Forecast Period: 2022-2026
Objective of the Study:
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