Residential Water Purifier Top Companies and Market Size Analysis
The global residential water purifier market size is projected to surpass around USD 67.61 billion by 2033 from USD 19.38 billion in 2023, expanding at a solid CAGR of 13.31% between 2023 and 2033. The top companies are 3M Purification, AQUAPHOR International OU, Hanston, BWT Holding GmbH, Honeywell, Haier, Royalstar, Best Water Technology, Whirlpool, GREE, LG Electronics, A. O. Smith, and Others.
Market Report Coverage
| Report Attribute |
Details |
| Market Size by 2033 |
USD 67.61 Billion |
| Market Size in 2023 |
USD 19.38 Billion |
| Market Growth Rate |
13.31% |
| Leading Region |
North America |
| Forecast Period |
2023 to 2033 |
| Segments Covered |
Type, Application, and Regions |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America and Middle East, & Africa |
Residential Water Purifier Leading Manufacturers
Latest Announcements Made by Market Leaders
- In September 2024, Livpure launched its water-as-a-service model. Rakesh Kaul, Managing Director at Livpure, said, ‘The company launched the water-as-a-service model four years ago; right now, the company has more than 2,50,000 consumers in three and a half years. The company is aiming to gain more than 655 market shares. The company is looking at the water market not with the mindset of water purifiers as products, but as a service.’
- In November 2024, A.O. Smith Corporation, a global water technology company, announced its acquisition of FMCG major HUL's water purification business, Pureit. CEO K. J. Wheeler, Chairman and CEO at A. O. Smith, committed, ‘The completion of this purchase bolsters the company premium water treatment product portfolio and distribution footprint, aligned with the company strategy of adding scales.’
Recent Developments
- In November 2024, ANGEL Company introduced its U10 Ultrafiltration Water Purification Solution at FHA HoReCa 2024. This purifier solution is efficient at removing bacteria and viruses from water. This development was done to meet high demand for food safety standards, ensuring smooth and efficient kitchen operations.
- In February 2024, DrinkPrime, a water purifier provider on a subscription model, launched its copper filtration system for clean and safe drinking water across India. And upgraded RO+UV+Copper filtration system that integrates reverse osmosis (RO) and ultraviolet (UV) purification.
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