Market revenue in 2022 | USD 149.2 million |
Market revenue in 2030 | USD 254.8 million |
Growth rate | 6.9% (CAGR from 2022 to 2030) |
Largest segment | Ro-based |
Fastest growing segment | RO-Based |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 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 40.15% in 2022. Horizon Databook has segmented the Israel 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.
Israel has been suffering from a chronic water shortage for years. Moreover, water quality is an issue in the country. The supplied water in the country is typically low salinity water from the Upper Jordan River, the Kinneret, and groundwater sources.
In addition, growing population is contributing to the increased need for access to safe drinking water. With the country facing water scarcity in most parts, rapid actions toward water preservation & monitoring are being carried out by the rural as well as urban sectors.
Thus, home filtration units are vital for people in the country to avail safe drinking water for consumption. This is expected to boost the demand for such products, thereby driving market growth.
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