Global Water Purifier Market Overview
In recent years, with the acceleration of global industrialization and urbanization, the problem of water resource pollution is becoming more and more serious, and people’s concern for the quality of drinking water is increasing, which makes the market for water purifiers show a rapid development trend. As a device that can effectively remove impurities, bacteria, viruses and other harmful substances from water and provide safe and healthy drinking water, water purifier has gradually become one of the essential home appliances for families, commercial places and other places.
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According to related data, the global water purifier market size reached $76.6 billion in 2019 and is expected to reach $101.8 billion by 2026, at a compound annual growth rate (CAGR) of 4.1%. In terms of regional distribution, Asia is one of the fastest-growing regions in the global water purifier market, with emerging market countries such as China and India experiencing particularly significant demand growth. This is mainly due to the rapid economic development of these countries, population growth and people’s health awareness. In addition, North America and Europe and other developed countries and regions of the water purifier market is also more mature, the market penetration rate is high, but there is still a certain amount of room for growth, consumer demand for high-end, intelligent water purifier products continue to increase.
