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Definition of Market/Industry:

Residential water treatment equipment is used to the filter and purify the water in order to make it suitable for reuse and drinkable. This process includes chemical and physical separation technique that effectively eliminate the unwanted contaminants present in the water. Some of the commonly used residential water treatment equipment are ultraviolet, reverse osmosis, and gravity/ media.

Market Statistics:

The Middle East residential water treatment devices market is expected to surpass US$ 1,041.9 Mn in terms of value by the end of 2028.

Drivers:

Increasing focus of the government on the development of non-oil sectors leads to overall economic developments is expected to propel the market growth of the Middle East residential water treatment equipment. Regulatory bodies of the region are investing heavily in the development of the infrastructure is another major factor expected to augment the market growth of the Middle East residential water treatment equipment over the forecast period.

Market Opportunities

Increasing launch of advanced water purifier system is expected to provide enormous potential growth opportunities to the market of the residential water treatment equipment. According to the Coherent Market Insights analysis, players such as AquaPro and Kent have started offering RO+UV-based combination water purifiers in GCC and Levant countries. Thus, the increasing advent of combination water purifiers are expected to propel the market growth.

Middle East Residential Water Treatment Devices Market: Recent Developments

  • In February 2021, Global water treatment product manufacturers announced that they are exploring state-of-the-art water filtration technologies such as carbon nanotubes and advanced membrane systems to better serve their customers. Technologies such as Acoustic nanotube technology, Photocatalytic water purification technology, Aquaporin Inside technology, and Automatic Variable Filtration (AVF) technology are used.

Market Restraints

Low awareness regarding the water purifiers among the population of the Middle East is expected to restrict the market growth of the residential water treatment equipment. According to the Coherent Market Insights analysis, around 44% of the Middle East population lives in rural areas and is not aware of the necessity and techniques of purifying and filtering water.

Middle East Residential Water Treatment Devices Market - Impact of Coronavirus (Covid-19) Pandemic

The Covid-19 outbreak has had an adverse impact on various industries around the globe. Due to the strict rules and regulations undertaken by government to curb the spread of the infection, companies are looking to function remotely. Moreover, various companies are looking to implement strict measures to operate at minimum risks. Additionally, various companies had shutdowns their manufacturing units which had an adverse impact on Middle East residential water treatment devices market.

Key Takeaways:

  • The Middle East residential water treatment devices market was valued at US$ 617.65 Mn in 2020 and is forecast to reach a value of US$ 1,041.9 Mn by 2028 at a CAGR of 6.8% between 2021 and 2028.
  • The Reverse Osmosis in Purification Devices segment was valued US$ 216.3 Mn in 2020 and is expected to witness a CAGR of 7.4% over the forecast period.

Figure 1. Middle East Residential Water Treatment Devices Market Share, By Purification Devices Type, 2020

Market Trends

Improving living of standards of the consumer due to growing disposable income coupled with the increase in the renovation of housing sectors in the region is projected to foster market growth. A growing number of retail stores coupled with the growing popularity of the RO and UV technologies based devices among the consumers are further anticipated to foster the market growth of the Middle East residential water treatment equipment.

Increasing demand for an aesthetically designed water purifier that matches the decor of the home is expected to bolster the market growth. This is attributed to shifting consumer preferences towards decorating interiors of the house which is encouraging them to buy aesthetically designed home appliances. This factor is expected to foster the market growth of the Middle East residential water treatment equipment over the foreseeable time period.

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

https://www.coherentmarketinsights.com/market-insight/middle-east-residential-water-treatment-devices-market-4665

Competitive Section:

Company Names 

  1. KENT RO Systems Ltd.
  2. Eureka Forbes 
  3. Britannic Water Treatment Company W.L.L
  4. Panasonic Corporation
  5. LG Electronics
  6. Pure It L.L.C
  7. Waterlife
  8. Coolpex Pure Water System
  9. Ultra Tec Water Treatment LLC
  10. Water Life Technology LLC
  11. Clearsource SARL
  12. AQUA PRO UAE
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