Global water filter jug market is estimated to be valued at US$ 774.00 Million in 2021, according to the Global Water Filter Jug Market Report, 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), published by Coherent Market Insights.
Global water filter jug market was valued at US$ 774.00 Million in 2021. Water filter jug market is expected to register a CAGR of 6.71 % over the forecast period (2022–2030), to reach US$ 1387.46 Million by 2030.
The growth of the water filter jug market is expected to be driven by the increasing water pollution. The water filter jugs are majorly used to filter small quantities of drinking water. These filters contain ion-exchange resins of varied pore sizes that permit the seamless flow of water and obstruct unwanted particles, thereby, providing cleaner water for drinking purposes.
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https://www.coherentmarketinsights.com/market-insight/water-filter-jug-market-4463
Key Trends and Analysis of the Global Water Filter Jug Market:
Among regions, Europe accounted for a significant market share in 2021 owing to increasing demand of home based water filter products. For instance, over 13% of the population in France treats drinking water at home. It is estimated that 750,000 to 1 million jugs are sold annually in the country. Moreover, the opinion poll conducted by Water Information Centre (C.I.EAU) in January 2016 revealed that over 16% of French people use water filter jugs.
Key Takeaways of the Global Water Filter Jug Market:
Among capacity, between 2L-3L segment held largest revenue share of 45.7% in the global water filter jug market in 2021. This segment is anticipated to continue its dominance over the forecast period owing to wide availability of these jugs across the globe. Moreover, portability and affordability offered by these jugs is further expected to support the segment growth. These jugs can also be used in place of plastic bottles to store water in the refrigerator. These traits in the 2L-3L water filter jug segment makes it easy for the users to carry them from one place to another.
- New product launches, merger & acquisitions, strategic partnership expansion, and research & development activities for the water filter jug are key strategies adopted by players in the global water filter jug market. For instance, in March 2018, Aqua Optima launched some of its core water filtration products in 1,000 boot stores across the U.K. and Ireland. The products included Evolve Water Filter, the Aqua Optima Oria Water Jug with Evolve Water Filter, and Aqua Optima Universal Replacement Water Filter.
