Key Findings
The North America water purifier market is set to record growth at a CAGR of 6.63% during the forecasted period, 2019-2027. The innovation in technologies and innovative market promotion strategies are the primary factors influencing the market growth in the region.
Market Insights
The market region of North America with regard to water purifier, is segmented into the regions of the United States and Canada for further analysis. The competitive nature of the North American market region results in barriers for emerging entrants. The increasing product developments and similar efforts, by the big industry players, are aiding the growth of the market. The surge in demand for portable water purifiers is one of the dominating factors resulting in huge market growth opportunities. The US region is witnessing an increase in the demand for RO water purifiers. The major concerns regarding the packaged water have resulted in surging demands for water purification equipment in the region. The public water utilities in the US region has the reputation of providing the cleanest drinking water. Canada ranks fourth out of the seventeen countries in terms of water quality. The active participation of the government in bringing about amendments, with regard to water purification, is set to impact the market growth in Canada in a positive manner.
Competitive Insights
The surging demands are set to impact the growth and revenues of the market. Some of the eminent companies in the market include, Kent Ro System Ltd., Best Water Technology, Panasonic Corporation, African Water Purification, Absolutely Water, Amway, Suez Water Technologies & Solutions (Suez), etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation cater to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments