Global Commercial Water Purification Market Research Report: Forecast (2024-2030)
Commercial Water Purification Market- By Product Type (Carbon, Membrane, Ion Exchange, Softeners, Housing, Pumps, Sediment Filter, Tanks, Valves), By Type (System, Consumables), By...End User (Hospitality, Food Service, Healthcare, Educational Institutions, Commercial Offices, Entertainment Venues, Others), and other Read more
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- Sep 2023
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Market Definition
A commercial water purification system is a specialized water purification system designed for use in commercial and industrial settings to ensure the delivery of clean, safe, and high-quality water for various purposes. These systems are employed in institutions, businesses, and industries where the demand for purified water is significant.
Market Insights & Analysis: Global Commercial Water Purification Market (2024-30)
The Global Commercial Water Purification Market size is estimated to grow at a CAGR of around 7.5% during the forecast period, i.e., 2024-30. The increasing contaminants and pollutants in water, including bacteria, viruses, pesticides, nitrates, phosphates, plastics, etc., are some of the major contaminants that are found in water, due to which the purification of water is necessary and requires a commercial water purification system, which increases market growth.
Report Coverage | Details |
---|---|
Study Period | Historical Data: 2019-22 |
Base Year: 2023 | |
Forecast Period: 2024-30 | |
CAGR (2024-2030) | 7.5% |
Regions Covered | North America: US, Canada, Mexico |
Europe: Germany, The UK, France, Spain, Italy, Rest of Europe | |
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific | |
South America: Brazil, Argentina, Rest of South America | |
Middle East & Africa: UAE, Saudi Arabia, South Africa, Egypt, Rest of MEA | |
Key Companies Profiled | Culligan International, Ecolab Inc., Pentair plc, Evoqua Water Technologies, Corp., Lanxess, A.O. Smith, Marlo Incorporated, Kinetico Incorporated, Xylem, EcoWater Systems LLC. DuPont de Nemours, Inc., Toray Membrane USA, Inc. (TMUS), Axeon Water Technologies, Applied Membranes, Inc., and others |
Unit Denominations | USD Million/Billion |
The water that is being supplied to commercial places might seem clean but possesses various sorts of health-affecting bacteria and viruses, such as fluorine compounds, chlorine, mercury, lead, pesticides, etc. The consumption of contaminated water can lead to serious health diseases like diarrhea, cholera, typhoid, etc. Therefore, the growing incidence of water-borne diseases led to the adoption of commercial water purification systems, which boosted market growth.
Moreover, the growing hospitality industry increases the demand for water purification systems, as meeting health and safety standards is crucial in the hospitality industry. Also, pure water ensures that guests are consuming safe and clean water, reducing the risk of illness or any waterborne diseases.
Global Commercial Water Purification Market Driver:
Increasing Prevalence of Waterborne Diseases – Waterborne diseases have been observed to cause a large number of deaths. According to the World Health Organization, there are 9 million cases of typhoid fever annually, resulting in about 110,000 deaths per year. This has led consumers to gradually incline toward the installation of water purifiers across their commercial places to prevent themselves from waterborne diseases like Cholera, Dysentery, Typhoid, etc.
Furthermore, gallons of treated water get polluted by various microbes like bacteria, algae, etc., due to severe issues in water distribution systems. Thus, the need for water purification became necessary to prevent waterborne diseases, which is projected to enhance the demand for the Global Commercial Water Purification Market in the upcoming years.
Global Commercial Water Purification Market Challenge:
High Replacement Cost of Pollutant Filters Impedes Market Growth – The filters used in water purification systems often need to be replaced periodically to maintain their effectiveness. High-quality filters to remove specific contaminants and pollutants can be expensive. The monthly maintenance and replacement of filters require high costs, which impedes market growth. Therefore, consumers shift toward other alternatives, such as packaged drinking bottles, which are low in cost and free from pollutants and contaminants.
Global Commercial Water Purification Market Trend:
Smart Water Purifiers Gaining Popularity – The surging adoption of smart water purifiers incorporated with IoT technology allows consumers to connect to the internet and exchange data. This integration enables advanced functionalities like remote monitoring and filter replacement alerts. The smart water purifiers feature advanced sensors capable of detecting and analyzing a broader range of contaminants. These sensors can provide real-time data on water quality parameters such as pH levels, dissolved solids, bacteria, and chemical composition. The incorporation of advanced technologies in water purification systems increases the demand for water purification systems in commercial places. Hence, the smart features of commercial water purifiers led to the adoption of water purifiers and increased market growth.
Global Commercial Water Purification Market (2024-30): Segmentation Analysis
The Global Commercial Water Purification Market study of MarkNtel Advisors evaluates & highlights the major trends & influencing factors in each segment. It includes predictions for the period 2024–2030 at the global level. According to the analysis, the market has been further classified as:
Based on Type:
- Carbon
- Membrane
- Ion Exchange
- Softeners
- Housing
- Pumps
- Sediment Filter
- Tanks
- Valves
Water softeners hold a significant share of the Global Commercial Water Purification Market. As a large amount of water is required in commercial spaces such as hotels, offices, etc., water softeners play a vital role in treating hard water by eliminating minerals such as calcium, magnesium ions, etc. The rapid industrialization and infrastructural development, along with the rising awareness regarding the detrimental impact of hard water, etc., across developing countries, is expected to positively impact the demand for softeners in the years to come. Furthermore, the demand for smart water purification systems is leading to the development of advanced water-softening systems by manufacturers.
Based on End User:
- Hospitality
- Food Service
- Healthcare
- Educational Institutions
- Commercial Offices
- Entertainment Venues (Shopping Malls, Retail Centers, Fitness Centers, etc.)
- Others
The food service segment holds a significant share of the Global Commercial Water Purification Market. The food service industry is one of the largest industries, which includes restaurants, cafes, bars, cafeterias, catering companies, and institutional food providers. The food service industry uses water for the preparation of food and drinks. The food and beverages that are served to consumers must comply with the water standards and be safe and hygienic for drinking purposes. Consumers are inclined toward hygienic food, so they ensure that the food is prepared in contaminant- and pollutant-free waters. Therefore, the food service industry is adopting commercial water purification systems for preparing contamination-free food products and beverages, which increases the demand for commercial water purification systems.
Global Commercial Water Purification Market (2024-30): Regional Projections
Geographically, the Global Commercial Water Purification Market expands across:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific
North America holds a significant share of the Global Commercial Water Purification Market as the region has strict regulations about water quality standards and safety. The commercial sectors, including hotels, restaurants, etc., need to comply with the water quality standards. Therefore, to meet the water standards, companies are adopting commercial water purification systems, which boosts market growth. Consumers in the North America region are more inclined toward organic food products as they are more aware of what they are consuming, so manufacturers are focusing on water quality, which is free from any pesticides and chemicals.
Moreover, the growing hospitality and tourism in the region have a high demand for water purification systems to ensure the safety and satisfaction of guests. Also, the food and beverage industry is one of the largest industries that is rapidly expanding in North American countries, including the US, Canada, and Mexico. The food manufacturing process must meet stringent purity standards. The World Health Organization dictates that any water used for making, cleaning, or processing food needs to be disinfected to high-quality standards. Therefore, the growing hospitality & tourism industry increases the demand for commercial water purification systems, which further proliferates market growth.
Global Commercial Water Purification Industry Recent Development:
- 2022: Culligan International (“nCulligan”), and Waterlogic Group Holdings (“Waterlogic”), a global designer, manufacturer, distributor, and service provider of purified drinking water dispensers, completed their transaction to combine, creating a leader in clean and sustainable drinking water solutions and services.
- 2022: Pentair plc, a leading provider of water treatment and sustainable solutions, announced that it has completed the previously announced transaction to acquire Manitowoc Ice from Welbilt, Inc. for USD 1.6 billion, subject to customary adjustments.
Gain a Competitive Edge with Our Global Commercial Water Purification Market Report
- Global Commercial Water Purification Market Report by MarkNtel Advisors provides a detailed & thorough analysis of market size & share, growth rate, competitive landscape, and key players. This comprehensive analysis helps businesses gain a holistic understanding of the market dynamics & make informed decisions.
- This report also highlights current market trends & future projections, allowing businesses to identify emerging opportunities & potential challenges. By understanding market forecasts, companies can align their strategies & stay ahead of the competition.
- Global Commercial Water Purification Market Report aids in assessing & mitigating risks associated with entering or operating in the market. By understanding market dynamics, regulatory frameworks, and potential challenges, businesses can develop strategies to minimize risks & optimize their operations.
Frequently Asked Questions
- Market Segmentation
- Introduction
- Product Definition
- Research Process
- Assumptions
- Executive Summary
- Global Commercial Water Purification Market Supply Chain Analysis
- Global Commercial Water Purification Market Trends & Insights
- Global Commercial Water Purification Market Dynamics
- Drivers
- Challenges
- Global Commercial Water Purification Market Regulations & Policies
- Global Commercial Water Purification Market Hotspots & Opportunities
- Global Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type
- Carbon- Market Size & Forecast 2019-2030, USD Million
- Membrane- Market Size & Forecast 2019-2030, USD Million
- Ion Exchange- Market Size & Forecast 2019-2030, USD Million
- Softeners- Market Size & Forecast 2019-2030, USD Million
- Housing- Market Size & Forecast 2019-2030, USD Million
- Pumps- Market Size & Forecast 2019-2030, USD Million
- Sediment Filter- Market Size & Forecast 2019-2030, USD Million
- Tanks- Market Size & Forecast 2019-2030, USD Million
- Valves- Market Size & Forecast 2019-2030, USD Million
- By Type
- System- Market Size & Forecast 2019-2030, USD Million
- Consumables- Market Size & Forecast 2019-2030, USD Million
- By End User
- Hospitality- Market Size & Forecast 2019-2030, USD Million
- Food Service- Market Size & Forecast 2019-2030, USD Million
- Healthcare- Market Size & Forecast 2019-2030, USD Million
- Educational Institutions- Market Size & Forecast 2019-2030, USD Million
- Commercial Offices- Market Size & Forecast 2019-2030, USD Million
- Entertainment Venues (Shopping Malls, Retail Centers, Fitness Centers, etc.) - Market Size & Forecast 2019-2030, USD Million
- Others- Market Size & Forecast 2019-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific
- By Company
- Competition Characteristics
- Market Share of Leading Companies
- By Product Type
- Market Size & Analysis
- North America Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- The US
- Canada
- Mexico
- The US Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Canada Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Mexico Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- South America Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- Brazil
- Argentina
- Rest of South America
- Brazil Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Argentina Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Europe Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- Germany
- The UK
- France
- Spain
- Italy
- Rest of Europe
- Germany Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- The UK Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- France Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Spain Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Italy Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- The Middle East & Africa Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- Saudi Arabia
- The UAE
- Egypt
- South Africa
- Rest of The Middle East & Africa
- Saudi Arabia Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- The UAE Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Egypt Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- South Africa Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Asia Pacific Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- By Country
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- China Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Japan Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- India Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- South Korea Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Australia Commercial Water Purification Market Outlook, 2019-2030F
- Market Size & Analysis
- By Revenues (USD Million)
- Market Share & Analysis
- By Product Type- Market Size & Forecast 2019-2030, USD Million
- By End User- Market Size & Forecast 2019-2030, USD Million
- Market Size & Analysis
- Market Size & Analysis
- Global Commercial Water Purification Market Key Strategic Imperatives for Growth & Success
- Competition Outlook
- Company Profiles
- Culligan International
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Ecolab Inc.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Pentair plc
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Evoqua Water Technologies
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Lanxess
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- A.O. Smith
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Marlo Incorporated
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Kinetico Incorporated
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Xylem
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- EcoWater Systems LLC.
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- DuPont de Nemours, Inc
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Toray Membrane USA, Inc. (TMUS)
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Axeon Water Technologies
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Applied Membranes, Inc
- Business Description
- Product Portfolio
- Strategic Alliances or Partnerships
- Recent Developments
- Financial Details
- Others
- Others
- Culligan International
- Company Profiles
- Disclaimer