Water filter jug market

Q: What are the key factors hampering growth of the market?

Timely replacement cycle for filters/cartridges in jugs. Read more

Water Filter Jug Market, by Product Type (Stainless Steel, Glass, and Plastic), by Capacity (Below 2L, 2L to 3L, and Above 3L), by Distribution Channel (Supermarkets/Hypermarkets, Specialty Stores, Retail Stores, and Online), and by End Use (Residential and Outdoor), and by Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

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Nov 2022
CMI4463
154 Pages
Excel & Pdf
Consumer Goods

Summary

A water filter jug or pitcher removes impurities from the regular tap water in a short duration and make it fit for drinking, these jugs can then be used to store and refrigerate water. In addition, they help in improving the taste of drinking water.

Global water filter jug market was valued at US$ 774.00 Million in 2021 in terms of revenue, exhibiting a CAGR of 6.71 % during the forecast period (2022 to 2030).

Drivers

Increasing water pollution is driving the market growth of the water filter jug. Consuming tap water consisting of microbes such as viruses and bacteria can cause diseases such as cholera, diarrhea, typhoid, and polio among individuals. As per the WHO (World Health Organization) Drinking Water Stats published on June 14, 2019, around 485,000 diarrheal deaths per year across the globe are caused owing to consumption of contaminated drinking water. Owing to this rising issue, the need for consuming filtered tap water is being foreseen among health-conscious individuals. For instance, as per the UNICEF (United Nations Children’s Emergency Fund) & WHO Report on Drinking Water published on June 18, 2019, 1 in every 3 people across the globe lack access to safe drinking water. Moreover, as per the same source, around 50% of the global population is expected to live in water-stressed areas, especially across sub-Saharan Africa by 2025. Thus, the demand for water filter jugs is expected to propel across the globe in the coming years.

Surging demand for portable and compact water filtration equipment is expected to foster the market growth of water filter jug. The water filter jugs assist in the treatment of drinking water by removing contaminants such as pesticides, nitrates, and other metals. Thus, they perform similar operations as that of conventional water filters and are compact in size. For instance, the dimensions of the BRITA Marella XL water filter jug are 26.5 x 27.5 x 15.5 cm (W x H x D), which is far less as compared to other conventional filters and RO systems.

Among regions, Europe held dominant position in the global water filter jug market in 2021, accounting for 32.74% market share in terms of revenue, followed by North America.

The outbreak of COVID – 19 pandemic has caused ups and downs in various industries resulting in uncertainties in business space. This has brought several kind of changes in market conditions even in global water filter jugs market. Several governments across the globe have imposed nationwide lockdowns to limit the spread of the virus, which resulted in the shutting down of businesses and ceasing of several economic activities. According to the International Monetary Fund’s World Economic Outlook Update in June 2020, the global economy grew by 4.9% in 2020, which is worse than the 2008-09 financial crisis. Moreover, the trade restrictions and stay-at-home orders issued by statutory governing bodies have disrupted the supply chain of water filter jugs.

Figure 1. Global Water Filter Jug Market Value Share (%), By Region, 2021

Market Restraints

Timely replacement cycle for filters in water filter jugs is anticipated to hamper the target market growth. The water filter jugs comprise of filtering active medium and cartridge containing ion-exchange resins. During water filtration in these jugs, the pores of the cartridges get blocked depending upon their usage and the quality of water, this is why the cartridges are expected to be replaced timely. Moreover, the cost associated with the timely replacement of cartridges and filters increases the maintenance cost, thereby, hampering the demand for water filter jugs. This factor is expected to hinder the market growth.

Moreover, the time and cost associated with the storage of filter and cartridges in cold places adds up to the overall maintenance of water filter jugs. This factor is hindering the market growth of water filter jug.

Water Filter Jug Market Report Coverage

Report Coverage	Details
Base Year:	2021	Market Size in 2021:	US$ 774.00 Mn
Historical Data for:	2017-2020	Estimated Year:	2022
Forecast Period 2022 to 2030 CAGR:	6.71%	Forecast Period:	2022-2030
Geographies covered:	North America: U.S., Canada Latin America: Brazil, Mexico, Rest of Latin America Europe: Germany, U.K., Spain, France, Italy, Russia, Rest of Europe Asia Pacific: China, India, Japan, Rest of Asia Pacific Middle East & Africa: Middle East and Africa
Segments covered:	By Product Type: Stainless Steel, Glass, and Plastic By Capacity: Below 2L, 2L to 3L, and Above 3L By Distribution Channel: Supermarkets/Hypermarkets, Specialty Stores, Retail Stores, and Online By End Use: Residential and Outdoor
Companies covered:	Aqua Optima, AQUAPHOR, Brita, BWT Holding GmBH, Mitsubishi Chemical Cleansui Corporation, Culligan, Dafi filters, Electrolux, KENT RO SYSTEMS LTD, Life Straw, Ningbo Qingqing Environmental Protection Electrical Co., Ltd., PHILIPS, PUR, Seychelle Water Filtration, and Sharp Corporation
Growth Drivers:	Rise in water pollution Surging demand for portable and compact water filtration equipment
Restraints & Challenges:	Timely replacement cycle for filters/cartridges in jugs

Market Trends

Water filter jugs of varied sizes and features are developed by key players to enhance their storage capacity for accommodating more water. For example, in June 2019, one of the prominent household and water filter manufacturer named AQUAPHOR Corporation launched 2 water filter jugs named RO-202S and 101S Morion. These jugs have an innovative storage tank that provides fast filling along with low drain-water loss.

Figure 2. Global Water Filter Jug Market Value Share (%), By Capacity, 2021

Recent Developments

On Sep 27, 2022 - Water Filter Jug Market 2022-2026 including Market Overview, Business Revenue, Introduction, Gross advantage Final Report will add the study of the impact of COVID-19 on this industry.
- In 2021, the market is rising at a steady rate and with the expanding adoption of strategies by key players, the market is expected to rise over the projected horizon.

In October 2020, Strix Group Plc., one of the prominent manufacturers of kettle safety controls, acquired one of the prominent water filter jug manufacturer named LAICA S.p.A. This acquisition is expected to widen the global reach and product portfolio of Strix Group Plc.

Competitive Section

Major players operating in the global Water Filter Jug Market include Aqua Optima, AQUAPHOR, Brita, BWT Holding GmBH, Mitsubishi Chemical Cleansui Corporation, Culligan, Dafi filters, Electrolux, KENT RO SYSTEMS LTD, Life Straw, Ningbo Qingqing Environmental Protection Electrical Co., Ltd., PHILIPS, PUR, Seychelle Water Filtration, and Sharp Corporation.

Table of Content

Table of Contents

Segmentation

Detailed Segmentation:

- Frequently Asked Questions -

What was the global water filter jug market size in 2021?

Global water filter jug market was valued at around US$ 774.00 Million in 2021.

What are the major factors that are expected to drive growth of the market during the forecast period?

Rise in water pollution is expected to drive the market growth during the forecast period.

What are the trends in the market?

Water filter jugs of varied sizes and features are developed by key players to enhance their storage capacity for accommodating more water.

What are the key factors hampering growth of the market?

Timely replacement cycle for filters/cartridges in jugs.

Which are the key players in the market?

Major players operating in the market include Aqua Optima, AQUAPHOR, Brita, BWT Holding GmBH, Mitsubishi Chemical Cleansui Corporation, Culligan, Dafi filters, Electrolux, KENT RO SYSTEMS LTD, Life Straw, Ningbo Qingqing Environmental Protection Electrical Co., Ltd., PHILIPS, PUR, Seychelle Water Filtration, and Sharp Corporation.

What is the estimated CAGR for the market ?

The market is estimated to grow at around 6.71 % CAGR in the forecast period (2022-2030).