According to a new report, published by KBV research, The Global Home Water Filtration Unit Market size is expected to reach $24.1 billion by 2030, rising at a market growth of 10.5% CAGR during the forecast period. In the year 2022, the market attained a volume of 8,413.3 thousand units experiencing a growth of 8.9% (2019-2022).
The RO-based segment is growing at a CAGR of 9.9 % during the forecast period. RO-based home water filtration units are renowned for their exceptional filtration performance. The technology effectively removes many contaminants, including heavy metals, dissolved solids, bacteria, viruses, and other impurities. Consumers seeking a comprehensive and reliable water purification solution increasingly use RO-based systems. These factors will boost the demand in the segment.
The Asia Pacific region dominated the Global Home Water Filtration Unit Market, by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9 Billion by 2030. The Europe region is anticipated to grow at a CAGR of 9.8% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 10.2% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/home-water-filtration-unit-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography (Volume, Thousand Units, USD Billion, 2019-2030)
Companies Profiled