Global Home Water Filtration Unit Market Size & Outlook
Global home water filtration unit market, 2018-2030 (US$M)
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Global home water filtration unit market highlights
- The global home water filtration unit market generated a revenue of USD 12,123.6 million in 2022 and is expected to reach USD 26,736.4 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 10.4% by 2030.
- In terms of segment, ro-based accounted for a revenue of USD 4,628.1 million in 2022.
- RO-Based is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2022.
- Country-wise, Israel is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 12,123.6 million |
| Market revenue in 2030 | USD 26,736.4 million |
| Growth rate | 10.4% (CAGR from 2022 to 2030) |
| Largest segment | Ro-based |
| Fastest growing segment | RO-Based |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | RO-Based, UV-Based, Gravity Based |
Other key industry trends
- In terms of revenue, the North America accounted for 23.1% of the global home water filtration unit market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Israel is the fastest growing regional market and is projected to reach USD 254.8 million by 2030.
Ro-based was the largest segment with a revenue share of 38.17% in 2022. Horizon Databook has segmented the Global home water filtration unit market based on ro-based, uv-based, gravity based covering the revenue growth of each sub-segment from 2018 to 2030.
The exponential growth in the population over the past five decades has exerted considerable pressure on the natural resources available on the planet, especially water. To sustain human life on the planet, demand for clean water has been witnessing a rapid increase.
This is particularly fueled by growing industrialization activities in the region. Increasing use of chemicals in the agriculture sector to boost the yield in order to fulfill the needs of the rising population has been contaminating water bodies, thereby making them unfit for consumption. This has propelled the need for water filtration systems at home.
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Home Water Filtration Unit Market Scope
Home Water Filtration Unit Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global home water filtration unit market size, by regions, 2018-2030 (US$M)
Top 10 countries: Home water filtration unit market size, 2022 (US$M)
Global home water filtration unit market share, by product, 2022 & 2030 (%, US$M)
Home water filtration unit market: Opportunity assessment by country
Global home water filtration unit market, by region, 2022 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 2,050.0 | 2,349.7 | 2,155.7 | 2,526.2 | 2,796.7 | 3,005.3 | 3,242.6 | 3,515.3 | 3,829.9 | 4,194.9 | 4,620.9 | 5,123.1 | 5,721.0 | 9.4% |
| Europe | 2,540.4 | 2,945.7 | 2,734.3 | 3,242.1 | 3,632.0 | 3,949.6 | 4,312.7 | 4,732.1 | 5,218.3 | 5,785.9 | 6,452.3 | 7,242.6 | 8,189.2 | 10.7% |
| Asia Pacific | 3,082.6 | 3,588.9 | 3,344.6 | 3,981.6 | 4,477.9 | 4,888.4 | 5,358.5 | 5,902.0 | 6,533.2 | 7,270.9 | 8,138.5 | 9,169.0 | 10,405.3 | 11.1% |
| Latin America | 538.0 | 619.9 | 571.7 | 673.6 | 749.8 | 810.1 | 879.0 | 958.3 | 1,050.0 | 1,156.7 | 1,281.7 | 1,429.5 | 1,605.9 | 10.0% |
| MEA | 365.2 | 412.2 | 372.3 | 429.3 | 467.3 | 493.5 | 522.9 | 556.4 | 594.5 | 638.2 | 688.4 | 746.7 | 815.0 | 7.2% |
| Overall | 8,576.1 | 9,916.4 | 9,178.6 | 10,852.8 | 12,123.6 | 13,146.9 | 14,315.6 | 15,664.2 | 17,225.9 | 19,046.6 | 21,181.8 | 23,710.9 | 26,736.4 | 10.4% |
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