SAN ANTONIO, TX, UNITED STATES, September 13, 2023 -- According to a recent analysis by Verify Markets, the United States Residential Water Treatment Market is witnessing a steady growth, particularly in the aftermath of the COVID-19 pandemic. This surge can be attributed to heightened health concerns, advancements in technology, and a growing emphasis on sustainability. Trust in bottled water over the years has been steadily declining and consumers are moving towards water filters.
Moreover, the market is being propelled by technological innovations such as Wi-Fi connectivity, mobile app control, voice commands, and compact designs, which are driving the demand for residential water treatment systems. However, the market faces challenges including heightened price sensitivity, government initiatives to enhance water quality, and a downturn in the housing market.
Given the highly competitive nature of the U.S. water treatment systems industry, companies must continuously innovate, differentiate themselves, and closely monitor consumer preferences and technological advancements to maintain their success. In 2022, the U.S. Residential Water Treatment Market was valued at over $2.2 billion, and it is projected to exceed $3.0 billion in the forecast period.
The point-of-use (POU) segment dominated the market in 2022, followed by the point-of-entry category. Carbon technology emerged as the most popular, closely followed by reverse osmosis, which has gained traction due to its high effectiveness in removing impurities from water. This includes contaminants like lead, bacteria, viruses, and various chemicals, addressing growing concerns about water safety and quality.
Notable companies in the POU market include Culligan International Company, Pentair Plc, Ecowater Systems, Rainsoft, The 3M Company, and Kinetico Incorporated. Within the point-of-use market, systems priced between $300 and $600 constitute over 35 percent of total revenues, followed by systems priced over $900.
Key players in the point-of-entry (POE) market include Culligan International Company, Kinetico Incorporated, EcoWater Systems LLC, A.O. Smith, Pentair Plc, Rainsoft, and The 3M Company.
The U.S. Residential Water Treatment Market report is segmented by POE systems, POU systems, pitchers, and replacement filters. The study is based on data from 2022, with forecasts provided until 2029. The report encompasses various market dynamics such as growth drivers, constraints, market revenues and forecasts, technology trends, and a competitive landscape assessment.
A copy of the U.S. Residential Water Treatment Market research report can be obtained at www.verifymarkets.com. Follow us for more updates on Twitter @verify_markets and LinkedIn.
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