Industry Overview
The Global Residential Water Treatment Equipment Market is currently valued at USD 29.8 billion in 2023 and is expected to grow at USD 57.9 billion by 2030 with a growth CAGR of 6.5% during the forecasted period. The growing concerns related to environmental and industrial pollution globally is enhancing the need for efficient water treatment equipment.
The diseases and occurrences of chronic diseases are increasing, particularly due to the negative impact of industrialization on water. In the present scenario, the prime sources of fresh water such as glaciers, municipal water systems, rivers, wells and lakes are polluted to a larger extent. Such contamination causes several diseases such as liver damage, cancer and other serious infections. The implementation of water treatment equipment is an industrial process of treating water to make it more usable for several purposes such as for drinking purposes, industrial and medicinal purposes. The polluted water is treated by several biological, physical, chemical and wastewater treatments.
Market Segmentation
Insight by Product
On the basis of product, the residential water treatment equipment market is categorized into point-of-use and point-of-entry. Among these two product categories, the point-of-use category is expected to hold the largest market share during the forecast period. It helps in the treatment of water for cooking and drinking purposes. It is a compact and lower-capacity system installed at single water connections, especially under the kitchen sink or bathroom. The RO point-of-use systems generate potable water of the highest quality.
Increasing demand for high-quality and clean water for cooking and drinking and increasing awareness regarding safe and reliable drinking water is fueling the growth of this segment.
Insight by Equipment
On the basis of equipment, the residential water treatment equipment market is categorized into membrane equipment, filtration equipment, disinfection equipment, thermal distillation equipment, and evaporators.
Global Residential Water Treatment Equipment Market Report Coverage
Report Metric
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Details
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Historical Period
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2018 - 2023
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Base Year Considered
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2024
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Forecast Period
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2025 - 2030
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Market Size in 2023
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U.S.D. 29.8 Billion
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Revenue Forecast in 2030
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U.S.D. 57.9 Billion
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Growth Rate
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6.5%
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Segments Covered in the Report
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By Product and By Equipment
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Report Scope
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Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
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Regions Covered in the Report
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North America, Europe, Asia-Pacific, Middle East, and Rest of the World
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Industry Dynamics
Drivers
The increasing water demand and water security are the primary factors aiding towards the growth of the global residential water treatment equipment market. According to a recent study, it has been observed that the water scarcity is driven by two phenomena the growing freshwater use and the other is the depletion of usable fresh water resources. Water scarcity is contributed due to two mechanisms that include physical water scarcity and economic water scarcity. The physical water scarcity is the result of inadequate natural water resources to supply any particular region’s demand. Economic water scarcity is attributed towards the inefficient management of the sufficient available water resources.
The increasing significance of water reuse and desalination measures that are aimed at addressing the increasing need for safe and clean water is attributed towards the growth of the global residential water treatment equipment market. According to a report, it has been estimated that around 97% of the water on earth is not fit for human consumption. The ever-increasing global population and the subsequent focus on the industrialization along with the increasing demand from the agricultural sector are expected to enhance the growth of global residential water treatment equipment market.
The need to comply with the strict regulations related to water consumption is contributing towards the growth of the global residential water treatment equipment market. According to the norms, the developed economies are required to replenish the water and return the water that is used to make beverages back to the communities and nature. Thus, the essential nature of water and the heavily regulated marketplace is expected to represent positive factors for the water companies specifically in the developed regions.
Opportunities
The growing consumer interest in recycling and reuse of water is expected to create opportunities for the global residential water treatment equipment market. There are several awareness campaigns being organized by the environmental activists and NGOs that emphasize in conserving and saving of water. The environmentalists are increasingly emphasizing on water recycling methods which focuses on reusing treated wastewater for several other activities that include landscape and agricultural irrigation process, industrial processes, toilet flushing and replenishment of groundwater recharge. Thus, this recycling process is done by the implementation of residential water treatment equipment market to enhance its global demand.
Geography Overview
Geographically, Asia-Pacific is the fastest growing market in residential water treatment equipment. The demand for this equipment is significantly increasing in this region as the region is affected by the water supply shortage. Additionally, the accelerating growth in the economies of developing countries such as China and India and increasing spending capability of the citizens of this country is contributing towards the increasing growth of the residential water treatment equipment market in the region. It has been observed that the government organization in Asia-Pacific are excessively instructing and guiding the people to adopt water treatment systems, which in turn, fueling the residential water treatment equipment market growth in the region.
Competitive Insight
3M Separation and Purification Sciences Division, 3M Purification Inc. utilizes cutting edge 3M material science that pushes the boundaries of purification, filtration, and separation to support production lines, processes that change lives, and deliver quality solutions.
Calgon Carbon has originated cutting-edge purification systems for drinking water, pollution abatement, wastewater, odor control and a variety of industrial and commercial manufacturing processes. Company offer carbon technologies used in over 700 distinct market applications from purifying air and drinking water, to purifying foods and pharmaceuticals, to separating gas and removing mercury emissions from coal-fired power plants. Calgon Carbon’s cost-effective, environmental remediation/recycle programs combine the proper mix of an effective activated carbon, ingenious adsorption systems and professional technical services.
Some of the key players operating in the global residential water treatment equipment industry include 3M Purification Inc., Calgon Carbon Corporation, Culligan International, Dow Water & Process Solutions, GE Water & Process Technologies, Groupe Novasep, H2O Innovation Inc., Hitachi Plant Technologies Ltd., Koch Membrane Systems, Kurita Water Industries, EMD Millipore, Mitsubishi Rayon Co. Ltd., Suez Environnement, Toray Industries Inc., Trojan Technologies, and Xylem, Inc.
Recent Developments by Key Players
Calgon Carbon Corporation, a wholly owned subsidiary of Kuraray Co., Ltd. has launced the PFAS-related demand for drinking water to help communities meet these new regulations, and usher in a new era of safe drinking water.
Culligan Water (global leader and pioneer in delivering superior water treatment and services) has launched the first-ever AI WaterBot. Cullie. Cullie is the latest innovation from the water industry trailblazer, using ChatGPT conversational capabilities to enhance the Culligan customer experience by providing 24/7 educational support and improving website interactions.
The Residential Water Treatment Equipment Market report offers comprehensive market segmentation analysis along with estimation for the forecast period 2025-2030.
- By Product
- Point-of-Use
- Point-of-Entry
- By Equipment
- Membrane Equipment
- Filtration Equipment
- Disinfection Equipment
- Thermal Distillation Equipment
- Evaporators
Region Covered in the Report
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia-Pacific (APAC)
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- Rest of the World (RoW)
- Brazil
- Saudi Arabia
- South Africa
- U.A.E.
- Other Countries
Source: VynZ Research
Source: VynZ Research