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Residential Water Purifier Market Global Insights and Trends 2017

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Global Residential Water Purifier Market Outlook 2017 to 2024 provides an in-depth analysis of the US appraisal market by value, by volume, by segments, by number of AMCs, appraiser’s tenure, etc. The report also gives an insight of the Canada addressable appraisal market opportunity.

On the basis of attributes such as company overview, recent developments, strategies adopted by the market leaders to ensure growth, sustainability, financial overview and recent developments.

This report provides a detailed analysis of the Residential Water Purifier market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.

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Essential points covered in Global Residential Water Purifier Market 2017 Research are:-

  • What will the market size and the growth rate be in 2024?
  • What are the key factors driving the global Residential Water Purifier market?
  • What are the key market trends impacting the growth of the global Residential Water Purifier market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Residential Water Purifier market?
  • What are the market opportunities and threats faced by the vendors in the global Residential Water Purifier market?
  • What are the key outcomes of the five forces analysis of the global Residential Water Purifier market?

This independent 240 pages report guarantees you will remain better informed than your competition. With over 200 tables and figures examining the Residential Water Purifier market, the report gives you a visual, one-stop breakdown of the leading products, sub market and market leader’s market revenue forecasts as well as analysis to 2024.

Furthermore, the report provides a detailed analysis of the global Residential Water Purifier market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done.The report also includes a detailed analysis of the global Residential Water Purifier market by countries, comprising of its market by value, volume, and ARPU and penetration rate.

Market Overview

In 2015, World Health Organization (WHO) mentioned that over 1 billion people have no access to clean water source and every year around 2 billion deaths are caused due to consumption of contaminated water. This growing deterioration in water quality and scarcity of fresh water resources has increased the adoption rate of residential water purifier in past few years. Main objective of residential water purifier is to eliminate suspended solids and undesirable substance from contaminated water and make it suitable for household purpose. Moreover, rising urbanization is also boosting the demand of residential water purifier across the globe. In 2014, as per United Nations Organization (UNO), more than 3.5 billion populations are living in urban areas and the number is expected to increase rapidly in near future. In 2015, over 94.0% of household require more that 35 liters of drinking water per day throughout the world where nearly 42% of respondents were using traditional method i.e. boiling and straining for water purification. However, increasing cost and time consuming process for boiling increased the adoption of residential water purifiers which is likely to bring attractive business opportunities for residential water purifier market.

Leading market players are focusing on product innovation and differentiation, which is a key strategy to strengthen their market presence and attract more number of customers. For instance, in 2014, Eureka Forbes introduced Aquaguard On The Go, a low cost portable water purifier which can collect negatively charges impurities from water. In 2016, a China based water Purifier Company; Bluewater group launched three new technologically advanced and affordable products. Meanwhile, implementation of advanced technology such as internet of things (IoT) in water purification system is also raising the adoption of smart water purifier for residential purpose. ‘Kent Superb’ a product of Kent RO Systems is the world�s first smart water purifier which is equipped with digital screen to display water quality and total dissolved solid (TDS) with patent mineral reverse osmosis (RO) technology. These new innovations in household water purifiers are propelling growth of global residential water purifier market.

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The Residential Water Purifier market is expected to increase due to growth in GDP per-capita, international tourism, etc. Yet, the market faces some challenges such as, global economic downturn, high probability of terror attack, etc. The global Residential Water Purifier market is expected to grow at a healthy rate during the forecast period (2017-2024). The growth is expected on account of many factors, such as an increase in disposable income, increasing international inbound and outbound tourism and aging demography.

However, the market also faces some challenges, which includes increase in the number of terror attacks, heavy taxes imposed on the tour operators and seasonality dependence. Digital travel, evolution of eco-tourism and rise of adventure tourism are some of the latest trends in the global Residential Water Purifier market.

The report provides a basic overview of the Residential Water Purifier industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Residential Water Purifier industry development trends and marketing channels are analyzed.

The research includes historic data from 2012 to 2016 and forecasts until 2024 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Residential Water Purifier on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Residential Water Purifier Market and assist manufacturers and investment organization to better grasp the development course of Residential Water Purifier Market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.