India Water Purifier Market Import Shipment Trend (2020-2024)
The India water purifier market import shipment experienced a negative CAGR from 2020 to 2024, with a significant decline in growth rate between 2023 and 2024. The market exhibited a clear slowdown, indicating a challenging period for importers with decreasing momentum over the years.
Latest 2023 Developments of the India Water Purifier Market
The India Water Purifier Market is one of the most essential and popular markets in the country which is attaining continuous growth with constant efforts and strategies made by the players to add quality to the life of people using water purifiers in the country. Rising water pollution, growing awareness regarding hygiene and health, and initiatives by the government to provide clean water are some factors stimulating the India Water Purifier Market Growth. Introduction of smart technologies like RO (reverse osmosis) and UV (ultraviolet) purifiers. Such technologies are enhancing the efficiency of water purifiers by removing impurities and harmful chemicals from water. The rise in demand for compact or portable purifiers which can be used easily while camping or travelling is also fueling the market growth. People prefer to carry water purifiers when they travel rather than depending on bottled mineral water which is not always a safer option.
Topics Covered in The India Water Purifier Market
India Water Purifier Market report comprehensively covers the market by type, sales channel, and region. India water purifier market report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Water Purifier Market Synopsis
India water purifier market witnessed market growth in the period 2018-20 on account of rising awareness regarding waterborne diseases and water pollution. Growing waterborne infections and life losses because of drinking contaminated water have significantly boosted the country's market for water purifiers. Also, government authorities' focused efforts to provide household access to safe water and their ongoing infrastructural expansion has grown the water purifier market in India. During 2021, the Water Purifier market slowed down during the initial three months of 2020 due to the Covid-19 pandemic which had an impact following the halt of production due to which the cost of water purifiers grew along with component and transportation costs. The market recovered significantly in the second half of 2020, on the back of easing mobility restrictions and increasing production as manufacturing units resumed their normal functioning. Leading businesses, like Eureka Forbes, introduced purifiers with the goodness of seven Ayurvedic ingredients loaded with herbs and spices, including cinnamon, black pepper, and others, which increased consumer awareness of the importance of drinking water that is both healthy and delicious, further driving the market for water purifiers upward.
According to 6Wresearch, India Water Purifier Market size is projected to grow at a CAGR of 14.7% during 2022-2028. The market would continue to climb up with growing office project projects as well as increasing home sales in cities like Mumbai, Pune, Delhi, and Bengaluru, the India water purifier is anticipated to experience growth during the forecast period. Additionally, rising water pollution and waterborne diseases respectively would also contribute to increasing demand for water purifiers in the forecast period. Moreover, as per media reports, additional 25 million units of affordable housing would be required by 2030 to meet the country’s growing urban population, which would contribute to the increasing demand for water purifiers.
Market by Types
Among the technology types, RO + UV witnessed significant market growth owing to rising awareness about the effects of contaminated surface water which result in increasing customer demand for technology-based water purifiers. Additionally, economic development in the country is driven by the rising residential sector and the increase in nuclear families, rapid urbanization, and household income which are further expected to fuel the demand for RO + UV water purifiers from the residential sector in the coming years.
Market by Region
Among the regions, the Western region witnessed significant market growth due to the presence of states most affected by water scarcity such as Rajasthan, and Gujarat and rising awareness regarding water-borne diseases and their adverse health effects drive consumption and increase demand for water purifiers in the region.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- Historical Data Starting from 2018 to 2028.
- Base Year: 2021
- Forecast Data until 2028.
- Key Performance Indicators Impacting the Market.
Key Highlights of the Report:
- India Water Purifier Market Overview
- India Water Purifier Product Market Outlook
- India Water Purifier Product Market Forecast
- Historical Data and Forecast of India Water Purifier Market Revenues for the Period 2018-2028F
- Historical Data and Forecast of India Water Purifier Market Revenues, By types, for the Period 2018-2028F
- Historical Data and Forecast of India Water Purifier Market Revenues, By Sales Channel, for the Period 2018-2028F
- Historical Data and Forecast of India Water Purifier Market Revenues, By Regions, for the Period 2018-2028F
- Industry Life Cycle
- Porter’s Five Force Analysis
- Impact Analysis of COVID-19
- Market Drivers and Restraints
- Market Trends and Evolution
- India Water Purifier Market Revenues Share, By Companies
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
By Types
- RO + UV
- UV
- Gravity Filter
- Others (100% RO, UV + UF)
By Sales Channel
- Offline
- Online
By Region
- Southern
- Northern
- Western
- Eastern
