Middle east residential water treatment devices market
Middle East Residential Water Treatment Devices Market, By Device Type, By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)
- Jul 2023
- CMI4665
- 75 Pages
- Excel & Pdf
- Bulk Chemicals
Middle East residential water treatment devices market is projected to reach around US$ 1,236.7 Million by 2030, in terms of revenue, exhibiting a CAGR of 7.4% during the forecast period (2023-2030).
Middle East Residential Water Treatment Devices Market: Drivers
Rapid growth in the population of Middle East
Increasing population in the Middle East is primarily fueling the market growth of residential water treatment devices. According to the Coherent Market Insights analysis, the total population of the Middle East & Africa is approximately 346 million and is expected to grow at a rate of 2% per annum. Moreover, increasing mass migration to urban areas is further expected to raise demand for water purifiers, thereby propelling the market growth over the forecast timeframe.
Increasing deterioration of the water quality
The region has witnessed a decrease in water quality as a result of extensive industrialization, resulting in a decrease in water availability. According to Coherent Market insights, the estimated water availability in those counties is only 1,200 cubic meters per capita per year, which is significantly lower than the worldwide average, which is 7,000 cubic meters per person per year.
Middle East Residential Water Treatment Devices Market: Restraints
High cost of water purification system
The high price of water purification equipment especially that of the RO and UV process is expected to hamper the market growth of Middle East residential water treatment equipment. Limited use of the product due to the scarcity of water in the region is projected to restrict market growth. Moreover, the lack of product availability of the product as the market is highly untapped is expected to hamper the market growth of the residential water treatment equipment.
Middle East Residential Water Treatment Devices Market: Opportunity
Increase in cases of water prone diseases
Growing cases of water-borne diseases such as diarrhea, liver damage, a digestive disorder, etc. are expected to open up new avenues to the market of Middle East residential water treatment equipment. Moreover, increasing domestic production of the water purifier in the especially UAE and the Kingdom of Saudi Arabia is also projected to augment the market growth of the Middle East residential water treatment equipment over the forecast period.
Middle East Residential Water Treatment Devices Market Report Coverage
Report Coverage | Details | ||
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Base Year: | 2022 | Market Size in 2022: | US$ 699 Mn |
Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 to 2030 |
Forecast Period 2023 to 2030 CAGR: | 7.4% | 2030 Value Projection: | US$ 1,236.7 Mn |
Geographies covered: |
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Segments covered: |
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Companies covered: |
KENT RO Systems Ltd., Eureka Forbes, Britannic Water Treatment Company W.L.L, Panasonic Corporation, LG Electronics, Pure It L.L.C, Waterlife, Coolpex Pure Water System, Ultra Tec Water Treatment LLC, Water Life Technology LLC, Clearsource SARL, and AQUA PRO UAE |
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Growth Drivers: |
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Restraints & Challenges: |
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Middle East Residential Water Treatment Devices Market: Trends
Increase in trend of online shopping for home appliances
The growing trend of online shopping for home appliances due to convenience and affordable rates are expected to foster the market growth of the Middle East residential water treatment equipment. According to the Coherent Market Insights analysis, nearly over 60% of consumers in GCC countries use the Internet to conduct research on products and services; whereas approximately 11 % of online shoppers prefer buying home appliances online.
Key players focus on more collaborations
Partnership and agreements among major players for market expansion is a major trend and this is projected to accelerate the market growth of the Middle East residential water treatment equipment. For instance, water purifier and small appliances maker, Kent RO Systems Limited announced its entry into the Middle East by partnering with LuLu Hypermarkets. Such partnerships among major players will favor market growth over the forecast period.
Middle East Residential Water Treatment Devices Market: Key Developments
In January 2022, The "Best Life Solution Company," Coway Co., Ltd., has been showcasing its most recent home health appliance innovations at CES 2022. The company's beds, water purifiers, air purifiers, and bidets were regarded as some of the most innovative products on display at the event.
In August 2021, The Environmental, Social, and Governance ("ESG") committee has been established by Coway Co., Ltd., "The Best Life Solution Company," under the oversight of the Board of Directors.
In January 2021, the new Dr. AquaguardTM with AyurfreshTM technology is offered to customers by Eureka Forbes, the largest water purifier brand in India, in order to give regular drinking water a revitalizing flavor and aroma.
Middle East Residential Water Treatment Devices Market: Regional Analysis
Figure 1. Middle East Residential Water Treatment Devices Market Share (%), By Countries, 2022
Regionally, Saudi Arabia dominated the Middle East residential water treatment devices market in terms of revenue, in 2022, followed by UAE and Qatar, respectively.
Middle East Residential Water Treatment Devices Market: Segmentation
The residential water treatment devices market is segmented based on device type. Further, it is divided on the basis of filtration devices: water tap faucet, filtration faucet, & others and on the basis of purification devices: reverse osmosis, ultra violet, & gravity.
Figure 2. Middle East Residential Water Treatment Devices Market Share (%), By Filtration Type, 2022
On the basis of filtration type, in 2022, the filtration faucet accounted for the largest market share of 67% in terms of value, followed by the water tap faucet.
Middle East Residential Water Treatment Devices Market: Impact of Coronavirus (COVID-19) Pandemic
Following COVID-19, the market for residential water treatment devices has demonstrated that there is a significant growth opportunity due to the growing awareness of the value of clean water among a sizable population. Water-borne diseases like cholera and E. coli are becoming more common, which emphasizes the importance of clean water. Following the pandemic, people began to give their health more thought, which led to an increase in business.
Middle East Residential Water Treatment Devices Market: Key Companies
Key Companies operating in the Middle East residential water treatment devices market are KENT RO Systems Ltd., Eureka Forbes, Britannic Water Treatment Company W.L.L, Panasonic Corporation, LG Electronics, Pure It L.L.C, Waterlife, Coolpex Pure Water System, Ultra Tec Water, Water Life Technology LLC, Clearsource SARL and AQUA PRO UAE.
*Definition: Residential water treatment equipment effectively removes the unwanted particles present in the water and makes it suitable for reuse. They are gaining tremendous demand across various developing countries due to the scarcity of water. These devices can easily remove undesirable chemicals suspended soils and biological contaminants.
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Supply Side Drivers
- Demand Side Drivers
- Economic Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- PEST Analysis
- PORTERS’S Analysis
- New Product Approvals/Launches
- Promotion and Marketing Initiatives
- Drivers
- Market Dynamics
- Middle East Residential Water Treatment Devices Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- Middle East Residential Water Treatment Device Market, By Device Type, 2023- 2030 (US$ Mn & Thousand Units)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2023 - 2030
- Segment Trends
- Filtration Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Mn & Thousand Units)
- By Sub-segment
- Water Tap Faucet
- Filtration Faucet
- Others
- Purification Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023 - 2030, (US$ Mn & Thousand Units)
- By Sub-segment
- Reverse Osmosis
- Ultra Violet
- Gravity
- Introduction
- Middle East Residential Water Treatment Device Market, By Region, 2023- 2030 (US$ Mn & Thousand Units)
- Introduction
- Market Share Analysis, By Region, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Region, 2023 - 2030
- GCC
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 – 2030
- Market Share Analysis, By Product Type, 2023 and 2030 (%)
- Market Share Analysis, By Application, 2023 and 2030 (%)
- By Country
- Saudi Arabia
- UAE
- Kuwait
- Qatar
- Bahrain
- Oman
- Levant
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, By Country, 2023 – 2030
- Market Share Analysis, By Product Type, 2023 and 2030 (%)
- Market Share Analysis, By Application, 2023 and 2030 (%)
- By Country
- Turkey
- Cyprus
- Egypt
- Iraq
- Israel
- Jordan
- Lebanon
- Palestine
- Syria
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
- KENT RO Systems Ltd.
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Eureka Forbes
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Britannic Water Treatment Company W.L.L
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Panasonic Corporation
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- LG Electronics
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Pure It L.L.C
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Waterlife
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Coolpex Pure Water System
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Ultra Tec Water Treatment LLC
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Water Life Technology LLC
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- Clearsource SARL
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- AQUA PRO UAE
- Company Overview
- Component Portfolio
- Financial Performance
- Recent Developments/Updates
- KENT RO Systems Ltd.
- Section
- References
- Research Methodology
- About us and Sales Contact
* Browse 50 market data tables* and 45 figures* on "Residential Water Treatment Devices Market” - forecast to 2030.
Detailed Segmentation:
- Middle East Residential Water Treatment Device Market, By Device Type:
- Water Tap Faucet
- Filtration Faucet
- Others
- Reverse Osmosis
- Ultra Violet
- Gravity
- Filtration Devices
- Purification Devices
- Middle East Residential Water Treatment Device Market, By Region:
- GCC
- By Device Type
- Filtration Devices
- Water Tap Faucet
- Filtration Faucet
- Others
- Purification Devices
- Reverse Osmosis
- Ultra Violet
- Gravity
- Filtration Devices
- By Country
- Saudi Arabia
- UAE
- Kuwait
- Qatar
- Bahrain
- Oman
- By Device Type
- Levant
- By Device Type
- Filtration Devices
- Water Tap Faucet
- Filtration Faucet
- Others
- Purification Devices
- Reverse Osmosis
- Ultra Violet
- Gravity
- Filtration Devices
- By Country
- Turkey
- Cyprus
- Egypt
- Iraq
- Israel
- Jordan
- Lebanon
- Palestine
- Syria
- By Device Type
- GCC