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The India Water Purifier Market Analysis, 2020 research report depicts a deep-dive market analysis of statistics of India Water Purifier market which consists of region-wise market size, market forecast, CAGR market segmentation, market share of various technology, end users, sales channel, etc.
According to MarkNtel Advisors’ research report titled “India Water Purifier Market Analysis, 2020”, Water Purifier market in india is projected to register a CAGR of more than 15% during 2020-25. The growth of India Water Purifier market is attributed to the rising awareness about water-borne diseases and the industrial development leading to water pollution. Moreover, the increasing health awareness among the citizens is anticipated to strongly contribute to the growth of India Water Purifier market in the forthcoming period. Furthermore, the outbreak of COVID-19 crisis has resulted in widespread health awareness among the end users. This has resulting in raising considerable awareness regarding water filtration and purification before consumption.
The residential sector accounted for the highest market share in the India Water Purifier market in 2019 on an account of rising health awareness among the customers. Moreover, the advent of technological advancements in the product is also expected to positively impact the growth of water purifiers in the residential sector.
The online channel is anticipated to register a significant market share in India Water Purifier market during 2020-25. This is attributed to the rising internet penetration in the country. Moreover, the online platforms enable the customers to explore different brands and provide water purifiers at low prices as compared to other sales channels such as retail and direct sales. Furthermore, the outbreak of COVID-19 is anticipated to positively impact the growth of online channel in the country as the customers are expected to avoid contacting and touching shelf display items, thereby purchasing products online, as stated in the MarkNtel Advisors’ research report “India Water Purifier Market Analysis, 2020”.
According to MarkNtel Advisors, the India Water Purifier market is fragmented due to the presence of numerous players in the industry. The key players with a considerable market share in the market include Eureka Forbes, Kent RO Systems, Hindustan Unilever Limited, Ion Exchange, Blue Star, A.O. Smith Corporation, etc. In order to expand its presence in the country, these companies are introducing new water purifiers. The launch of new products would enable the companies to gain a competitive edge in the industry.
Key Questions Answered in the Market Research Report:
Market Outlook, Segmentation and Statistics:
Frequently Asked Questions:
Q. What is the historical year, base year and forecast year considered in the research report on India Water Purifier Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of India Water Purifier Market during 2020-25?
A. The growth rate of India Water Purifier Market during 2020-25 is forecast to grow at a significant CAGR.
Q. Who are the key competitors or players operating in India Water Purifier Market?
A. Eureka Forbes, Kent RO Systems, Hindustan Unilever Limited, Ion Exchange, Blue Star, A.O. Smith Corporation, etc., are few of the leading players in the India Water Purifier Market.
Q. Which technology would emerge as an opportunity area for players in India Water Purifier Market?
A. Reverse Osmosis (RO) segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which end-user would emerge as an opportunity area for players in India Water Purifier Market?
A. Residential grabbed a significant market share continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of India Water Purifier Market.
