Global Water Filters market is expected to reach 47.49 billion USD by the end of 2022

The global Water Filters market is valued at 30.33 billion USD in 2016 and is expected to reach 47.49 billion USD by the end of 2022, growing at a CAGR of 7.76% between 2016 and 2022.

Publisher: QYResearch

Published Date: 2018-05-29

Now, the leading manufacturers of Water Filters located in the USA, Europe and Japan, such as Sundylee (Europe), occupied 3.58% market share in 2016, followed by Hanston (Europe), Doulton (Europe) and Flanne (Europe), they occupied 3.05%, 2.71%, 2.68% market share in 2016, thus the four leading companies hold above 12.02% market share in the world market.

According to QYResearch, the global Sales is 212.67 Million Units in 2016. Regional markets are influenced by demographic and socio-economic trends. In 2016, China is expected to remain the largest market for Water Filters, accounting for 22.59% of the global consumption.

With more and more attention to Water Health, many countries have released stimulate policy to promote the water quality protection, especially in the water treatment industry. Meanwhile, the key global water health growth drivers include 1)Rapid Population Growth & Urbanisation;2) Water Supply & Sanitation Needs of Remote Communities;3) Water Quality & Public Health, we forecast that the Water Filters industry will keep on growth in the future.

New enterprise can cooperate with the leading company, such as Sundylee, and also must strengthen the study of the product, to promote the company's products to obtain industry competitiveness and market share. Although Water Filters bring a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.

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