India Water Purifiers Market is expected to grow at a CAGR of ~21% from FY 2016 over the next five years
Market Research Report on India Water Purifiers Market
RAIPUR, CHHATTISGARH, INDIA, November 3, 2017 /EINPresswire.com/ --Report Sellers has added a new market research report “Water Purifier Market in India 2017” to its offerings. The report is an in-depth market study providing accurate market insights including the latest trends, forecast, competitive insights, etc.
Water purifiers are no longer considered consumer durables limited to affluent households as they are available at low prices and have started to penetrate through to the lower income groups and rural households across the country. Increasing advertisements by water purifier companies on most popular media platforms such as television, radio, and the print is impacting consumer’s preferences when selecting a purifier for their daily requirements. Value-wise, electric purifiers contribute ~70% to the total market due to their higher price points, while the rest comprises gravity-based purifiers. The domestic market is largely under-penetrated and manufacturers have ample opportunities to grow in this market. Eureka Forbes Ltd., Hi-Tech Sweet Water Technologies Pvt. Ltd., Hindustan Unilever Ltd., and KENT RO Systems Ltd. are some of the notable companies in the Indian water purifier market. Demand for water purifiers is huge in the developing countries like India, as government initiatives in such countries are not enough to provide clean drinking water.
Increasing urbanization is one of the major contributing factors behind the growth of the domestic water purifier market. The water purifier market faces some challenges such as lack of awareness among the rural population and lack of standardization among the products marketed by companies. However, India has witnessed a decent rise in export of household type water filters during FY 2013 to FY 2017. Recent trends, like leading sanitary ware and water heating products manufacturing companies foraying into the water purifier segment, have made it evident that new players from different industries are entering the domestic market and are also trying to increase the number of selling points. There is a lot of opportunity for new players as the rural market is still untapped.
Browse through the complete description and in-depth TOC on “India Water Purifier Market”
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Report Scope:
• Overview of the residential water purifier market in India and forecasted market size data over FY 2016 to FY 2022e
• Major technologies used in the water purifier segment
• Advertisement analysis of Major Water Purifier Companies
• Qualitative analysis of the major drivers and challenges affecting the market
• Analysis of the competitive landscape and detailed profiles of major public and private players
Reasons to buy:
• Get a broad understanding of the water purifier market in India, the dynamics of the market and current state of the same
• Strategize marketing and other business plans by understanding factors influencing growth in the market
• Understand major competitors? business, market dynamics, and respond accordingly
Companies Mentioned
Public Companies
1. Hindustan Unilever Ltd.
2. Ion Exchange (India) Ltd.
3. Tata Chemicals Ltd.
Private Companies
4. Eureka Forbes Ltd.
5. Hi-Tech Sweet Water Technologies Pvt. Ltd.
6. KENT RO Systems Ltd.
7. Livpure Pvt. Ltd.
8. LG Electronics India Pvt. Ltd.
9. OKAYA Power Pvt. Ltd.
10. Panasonic India Pvt. Ltd.
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India Water Purifier Market Research Report
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