Press Release Description
Mounting Water Consumption & Less Groundwater Recharge across Europe to Drive the Residential Water Treatment Market
The Europe Residential Water Treatment Market is expecting around 4.44% CAGR during 2022-27, cites MarkNtel Advisors in their recent research report. Less groundwater recharge due to large-scale industrialization and the rapidly growing water pollution in Europe are the prime aspects driving the market through 2027. In addition, the mounting awareness among people about environmental protection & human health, along with technological advancements like UV irradiation & membrane filtration in water treatment systems, shall further boost the market.
Besides, the surging use of green chemicals due to rising concerns over household wastewater, which has organic matter & nutrients that absorb water oxygen and immensely pressurizes the aquatic environment, is another crucial aspect projected to drive the market in the coming years, further states the research report, “Europe Residential Water Treatment Market Analysis, 2022.”
With Superior Efficiency to Yield High-Quality Drinking Water, Point-of-Use Water Treatment Systems to Exhibit the Fastest Market Growth
Point-of-Use (POU) water treatment systems are installed mainly ahead of taps or facets in bathrooms, kitchens, etc., where the water volume is less. POU systems can effectively help improve the quality of the daily consumed water and, in turn, prevent water-borne diseases. As a result, they are the most preferred systems as the last water purification stage in homes.
The prime factors attributing to their fastest-growing demand in Europe are their high efficiency to attain high-quality & clean drinking water at affordable costs and the mounting awareness among people regarding water-borne diseases like malaria, diarrhea, & typhoid, among others. Moreover, many water campaigns conducted by environmental agencies are also helping in spreading awareness in both developed & developing economies about the various health benefits of drinking & using clean water.
Nevertheless, POU systems, connected with Point-of-Entry (POE) water treatment solutions, are considered the ultimate water purification method in homes, which includes the water softening & removal of harmful pathogens.
With Surging Water Consumption in Households, Germany Dominates the Market
Germany, followed by the UK, is expected to be the leading market in the region over the forecast years. It ascribes primarily to strict norms on the high standards of the European Union to treat around 100% of wastewater in the country, coupled with the mounting need for POU systems owing to surging water consumption levels in households. Moreover, a few areas in Germany requiring dramatic improvements in the groundwater quality is another crucial aspect likely to present a lucrative growth for the overall market growth in the coming years, reveals MarkNtel Advisors in their research report, "Europe Residential Water Treatment Market Analysis, 2022."
Competitive Landscape:
According to MarkNtel Advisors, the leading players in the Europe Residential Water Treatment Market are Honeywell, Pentair, Panasonic, Unilever, 3M, Culligan, AO Smith, Brita GmBH, BWT, and DuPont
Key Questions Answered in the Research Report:
- What are the current & future trends in the Europe Residential Water Treatment Market?
- How has the industry been evolving in terms of geography and product adoption?
- How has the competition been shaping across Europe, followed by their comparative factorial indexing?
- What are the key growth drivers & challenges for the Europe Residential Water Treatment Market?
- What are the customer orientation, purchase behavior, and expectations from the residential water treatment system providers across Europe?
Market Segmentation:
- By Market Type (System, Components)
- By Technology (Reverse Osmosis, Mechanical Filters/ Carbon Filters, Ultraviolet, Ion Exchange)
- By System (Pitcher, Countertop, Under the Sink, Faucet Mount, Whole House Filter, Softener)
- By Product Type (Point-of-Use, Point-of-Entry)
- By Countries (Germany, France, Spain, Italy, Belgium, the UK, Denmark, Estonia, Finland, Sweden, Russia, Poland, Hungary)
- By Competitors (Honeywell, Pentair, Panasonic, Unilever, 3M, Culligan, AO Smith, Brita GmBH, BWT, DuPont)
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