The North America Home Water Filtration Unit Market would witness market growth of 10.2% CAGR during the forecast period (2023-2030). In the year 2019, the North America market's volume surged to 1,508.4 thousand units, showcasing a growth of 8.7% (2019-2022).
Adopting these units has experienced a noteworthy upswing driven by various factors. As awareness about water quality issues expands, consumers are proactively seeking ways to ensure the water's purity. A significant market transformation has occurred, wherein traditional reliance on bottled water has been substituted with a more environmentally friendly and cost-effective approach to water treatment at its source. Regions facing challenges with municipal water infrastructure or concerns about emerging contaminants have been pivotal in propelling adoption.
In urban areas, where aging water infrastructure and the risk of contamination are prevalent, adoption rates have surged as residents seek reliable alternatives to tap water. Additionally, regions with variable water quality and increased instances of waterborne diseases have witnessed a surge in demand for home water filtration solutions. The adoption trend is driven not solely by health considerations but also by the desire for convenience, with consumers recognizing the advantages of having a continuous clean water supply within their homes.
As per the data released in 2023 by the Centers for Disease Control and Prevention of the United States, diseases transmitted through water affect approximately 7.2 million Americans annually. Moreover, Canada is known for having stringent water quality standards. According to the Government of Canada, as of September 30, 2021, 437 of the 796 water and sanitation projects funded by the Government of Canada were completed. 583 communities were expected benefit from these projects, serving around 464,000 individuals. Thus, growing incidences of waterborne diseases and clean water initiatives in North America will help expand the regional market.
The US market dominated the North America Home Water Filtration Unit Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,158 Million by 2030. The Canada market is experiencing a CAGR of 12.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 11.7% during (2023 - 2030).
Based on Product Type, the market is segmented into RO-based, UV-based, Gravity-based, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Home Water Filtration Unit Market is Predict to reach $24.1 Billion by 2030, at a CAGR of 10.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kent Ro System Ltd., SpringWell Water Filtration Systems, 3M Company, Panasonic Holdings Corporation, Amway Corporation, A. O. Smith Corporation, Crystal Quest Water Filters (Quest Technologies) and Veolia Environnement S.A.
By Product Type (Volume, Thousand Units, USD Billion, 2019-2030)
By Country (Volume, Thousand Units, USD Billion, 2019-2030)
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