Analysis Of Water Purifier Scale And Growth Trend

Analysis Of Water Purifier Scale And Growth Trend
In recent years, the global water purifier market has shown a steady growth trend. According to relevant reports,
the global water purifier market size reached 27.89 billion US dollars in 2021,
is expected to grow to 30.255 billion US dollars by 2022,
with a compound annual growth rate of 8.4%, and is expected to reach 40.29 billion US dollars by 2026,

with a compound annual growth rate of 7.4%.
Asia Pacific will be the world’s largest water purifier market in 2021,
driven by the region’s large population and high demand for clean drinking water.
At the same time, the rapid development of the economy also makes people have more disposable income to buy water purifiers.
North America followed as the second largest market.

With the improvement of people’s health awareness and the continuous improvement of attention to water quality safety,
the water purifier market has broad prospects for development in various regions.
The growth of the market is also faced with some challenges, such as higher maintenance and equipment costs.
Different models of water purifiers range in price from $100 to $2,773 and require regular maintenance,
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especially reverse osmosis water purifiers, which can cost between $120 and $750 to maintain every 3 to 12 months, depending on water usage.
This is a big expense for some rural areas or low-income people and may hinder the further development of the market.
Analysis Of Water Purifier Scale And Growth Trend