Europe Home Water Filtration Unit Market Size & Outlook
Europe home water filtration unit market, 2018-2030 (US$M)
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Europe home water filtration unit market highlights
- The Europe home water filtration unit market generated a revenue of USD 3,632.0 million in 2022.
- The market is expected to grow at a CAGR of 10.7% from 2023 to 2030.
- In terms of segment, ro-based was the largest revenue generating product in 2022.
- RO-Based is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Europe data book summary
| Market revenue in 2022 | USD 3,632.0 million |
| Market revenue in 2030 | USD 8,189.2 million |
| Growth rate | 10.7% (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. |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.0% of the global home water filtration unit market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 10,405.3 million by 2030.
Ro-based was the largest segment with a revenue share of 37.95% in 2022. Horizon Databook has segmented the Europe 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.
Popularity of Southern Europe for tourism and presence of high population in urban areas are deemed to reflect the increasing importance of safe drinking water. Hence, countries in the southern part of this region are likely to highly invest in home water filtration systems.
Moreover, contamination of European seas poses potential hazards to human health. According to a European Environment Agency (EEA) report, 75% to 96% of the assessed area of Europe’s regional seas have a contamination problem.
Moreover, consumers are increasingly employing water purifier systems at homes to avoid diseases caused by polluted water sourced from contaminated sea and groundwater, thereby reflecting significant growth opportunities for home water filtration units in Europe.
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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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Europe home water filtration unit market size, by country, 2018-2030 (US$M)
Europe Home Water Filtration Unit Market Outlook Share, 2022 & 2030 (US$M)
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