Market revenue in 2022 | USD 4,477.9 million |
Market revenue in 2030 | USD 10,405.3 million |
Growth rate | 11.1% (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 |
Key market players worldwide | Clorox Co, Panasonic Holdings Corp, Amway Malaysia Holdings, Eureka Forbes, Tata Chemicals, Kent RO Systems, HaloSource, Aquasana, GE Water & Process Technologies Inc. |
Ro-based was the largest segment with a revenue share of 38.06% in 2022. Horizon Databook has segmented the Asia Pacific 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.
Asia Pacific offers strong growth potential for home water filtration units owing to the rising awareness regarding pollution issues as well as concerns over inadequate and unsafe municipal water systems.
Ongoing modernization, industrialization, and urbanization efforts in the region, as a result of economic growth, are putting stress on the water quality and availability, thereby driving the need for water purification solutions.
The deteriorating quality of water in the region poses several risks to human health as 90% of the total wastewater generated in APAC is mixed in the freshwater system without adequate treatment.
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