Water Filter Trends and Forecast
The future of the global water filter market looks promising with opportunities in the residential, commercial, and industrial markets. The global water filter market is expected to grow with a CAGR of 9.4% from 2024 to 2030. The major drivers for this market are growing regulation on industrial and municipal wastewater disposal and increasing concern towards water-borne infections across the globe.
Lucintel forecasts that single & dual phase is expected to witness the highest growth over the forecast period due to growing demand in the food & beverages, chemicals & petrochemicals, pharmaceuticals, and oil & gas industries.
Within this market, residential will remain the largest segment due to urbanization, population growth, and disposable incomes.
APAC will remain the largest region over the forecast period due to increasing pollution and presence of insufficient sanitization infrastructure in the region.
APAC will remain the largest region in the Water Filtre Water
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United States: Companies like Brita and PUR are leading innovations in home water filtration units. Initiatives such as the Environmental Protection Agency's (EPA) WaterSense program drive awareness for water conservation and filtration. The US government encourages the use of water-efficient products through initiatives like the Water Infrastructure Finance and Innovation Act (WIFIA).
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China: Chinese manufacturers, including AO Smith Corporation and 3M China, are expanding production capacity. Government initiatives promoting water quality improvement and public health drive market growth. The Chinese Ministry of Ecology and Environment oversees water pollution control and management.
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Germany: German companies like BWT AG and BRITA GmbH are focusing on advanced home water filtration technologies. Government initiatives promoting environmental sustainability and consumer health drive market expansion. The German Federal Ministry for the Environment, Nature Conservation, and Nuclear Safety supports initiatives for clean water access.
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India: Indian manufacturers, including Eureka Forbes Ltd. and Kent RO Systems Ltd., are entering the home water filtration unit market. Government initiatives like the Jal Jeevan Mission drive demand for safe drinking water solutions in rural and urban areas. The Indian Ministry of Jal Shakti oversees water resource management.
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Brazil: Brazilian companies like Hoken International Company and IBBL are investing in home water filtration units. Government initiatives promoting access to clean water and public health drive market growth. The Brazilian Ministry of Health oversees drinking water quality standards.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Water Filter by Segment
The study includes a forecast for the global water filter by technology, media type, application, and region.
Water Filter Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• UV
• RO
• Carbon Filtration
• Others
Water Filter Market by Media Type [Shipment Analysis by Value from 2018 to 2030]:
• Single & Dual Phase
• Multimedia
• Cartridge
• Others
Water Filter Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Residential
• Commercial
• Industrial
• Others
Water Filter Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Water Filter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies water filter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the water filter companies profiled in this report include-
• BWT
• Panasonic
• Tata Chemicals
• Amway
• BRITA
• KENT RO Systems
• Blue Star
Recent Developments in thed Water Filter Market
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Focus on Advanced Filtration Technologies: The market is witnessing a focus on advanced filtration technologies to remove contaminants and impurities from tap water. Brands like PUR and APEC Water Systems are introducing home water filtration units with multi-stage filtration processes, including activated carbon, reverse osmosis, and UV sterilization, ensuring safe and clean drinking water for households.
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Introduction of Whole House Filtration Systems: Whole house water filtration systems are gaining popularity for comprehensive water treatment solutions. Companies like Pelican Water Systems and Springwell Water are offering home water filtration units that connect to the main water supply, providing filtered water to every tap and fixture in the house for improved water quality and taste throughout the home.
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Expansion of Eco-friendly Filtration Options: Eco-friendly filtration options are expanding in the home water filtration unit market to meet consumer demand for sustainable solutions. Brands like ZeroWater and Berkey are introducing filtration units with reusable filter cartridges, eco-friendly materials, and long-lasting components, reducing plastic waste and environmental impact while delivering clean and healthy drinking water.
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Customization and Modular Design: Customization and modular design options are becoming increasingly available in home water filtration units. Companies like Aquasana and iSpring Water Systems are offering customizable filtration systems with modular components, allowing users to tailor filtration configurations to their specific water quality needs and preferences, ensuring efficient and effective water treatment.
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Enhanced Water Purification Performance: Home water filtration units are focusing on enhanced water purification performance to address emerging contaminants and water quality challenges. Brands like Whirlpool and GE Appliances are introducing filtration units with advanced purification technologies, such as ion exchange, activated alumina, and selective filtration, targeting specific contaminants for comprehensive water treatment and peace of mind.
Features of the Global Water Filter Market
Market Size Estimates: Water filter market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Water filter market size by technology, media type, application, and region in terms of value ($B).
Regional Analysis: Water filter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different technologies, media types, applications, and regions for the water filter market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the water filter market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for water filter market?
Answer: The global water filter market is expected to grow with a CAGR of 9.4% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the water filter market?
Answer: The major drivers for this market are growing regulation on industrial and municipal wastewater disposal and increasing concern towards water-borne infections across the globe.
Q3. What are the major segments for water filter market?
Answer: The future of the water filter market looks promising with opportunities in the residential, commercial, and industrial markets.
Q4. Who are the key water filter market companies?
Answer: Some of the key water filter companies are as follows:
• BWT
• Panasonic
• Tata Chemicals
• Amway
• BRITA
• KENT RO Systems
• Blue Star
Q5. Which water filter market segment will be the largest in future?
Answer: Lucintel forecasts that single & dual phase is expected to witness the highest growth over the forecast period due to growing demand in the food & beverages, chemicals & petrochemicals, pharmaceuticals, and oil & gas industries.
Q6. In water filter market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to increasing pollution and presence of insufficient sanitization infrastructure in the region.
Q.7 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the water filter market by technology (UV, RO, carbon filtration, and others), media type (single & dual phase, multimedia, cartridge, and others), application (residential, commercial, industrial, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Water Filter Market, Water Filter Market Size, Water Filter Market Growth, Water Filter Market Analysis, Water Filter Market Report, Water Filter Market Share, Water Filter Market Trends, Water Filter Market Forecast, Water Filter Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.