Coherent Market Insights

MENA POU Water Purifier Market To Surpass US$ 1033.2 Mn By 2030

MENA POU Water Purifier Market To Surpass US$ 1033.2 Mn By 2030 - Coherent Market Insights

Publish In: Jun 21, 2023

POU water purifiers are point-of-use water purifiers that consist of under-sink drinking water filters and Reverse Osmosis (RO) systems, fridge filters, shower filters, and small UV sterilizers. It is basically installed at a single water connection usually under the counter of the kitchen or washroom sink. Reverse Osmosis (RO) systems and carbon faucet filters are some of the major examples of POU water purifiers. These systems produce high-quality drinking water. RO systems utilize an advanced hyper-filtration membrane that helps remove 99% of unwanted particles present in water.

The MENA POU water purifier market was valued at over US$ 528.2 million in 2022 and is predicted to grow at a CAGR of 8.7% over the forecast period (2023 to 2030).

MENA POU Water Purifier Market: Drivers

The population of the MENA area is increasing.

Increasing population in the MENA region is expected to augment the POU water purifier market growth. According to Coherent Market Insights’ analysis, the total population in the MENA region is approximately 346 million and is expected to grow at the rate of 2% per annum. Thus, the increasing regional urbanization is anticipated to accelerate the POU water purifier market growth over the forecast period.

MENA POU Water Purifier Market: Market Opportunities

The GCC region has experienced the entry of various globally established water purifier brands, thereby increasing competition in the market. Due to increased competition, manufacturers are selling their products at competitive prices in order to sustain in the market. This trend has increased the sale of water purifiers in this region. Therefore, declining product prices are expected to augment the market growth.

MENA POU Water Purifier Market: Market Restraints

Low water availability in the MENA region

There is low water availability in the MENA region as half of the population of the world lives in a water-stressed condition. According to Coherent Market Insights’ analysis, the total population is expected to grow from 355 million in 2013 to 500 million by 2025. This trend is expected to decrease the per capita water availability. Low water availability is projected to limit the adoption of water purifiers in the rural market, thus hindering the market hampered

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/mena-pou-water-purifier-market-3841

Key Takeaways

On the basis of technology, reverse osmosis dominated the MENA POU water purifier market in 2022 with over 40% of the market share in terms of revenue, followed by media and ultra violet segments.

Market Trends

The shifting focus of consumers to online shopping for purchasing home appliances is expected to fuel the market growth over the forecast period. According to Coherent Market Insights’ analysis, 66% of the consumers in the MENA region use the internet to do research on products and services, and 11% of online shoppers prefer buying home appliances online.

The rising adoption of carbon nanotube membrane POU water purifiers is expected to propel the regional market growth over the forecast period. These water purifiers feature small hexagonal tubes that are produced by using a rolling sheet of grapheme. They are cost-effective solutions for water purifiers as they are highly effective in removing water pollutants. Thus, such emerging advanced technologies are projected to fuel the market growth.

Competitive Section

The key players operating in the MENA POU water purifier market are Amway Global, Pentair Inc., Panasonic Corporation, Culligan International Inc., Philips Inc., Best Water Technology Group, Coway Co., Ltd., Brita GmBH, Katadyn Group, Haier Strauss Water Co. Ltd, Halo Source Inc., 3M Center, Ion Exchange India Limited, and Eureka Forbes Limited

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