North America Home Water Filtration Unit Market Size & Outlook
North America home water filtration unit market, 2018-2030 (US$M)
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North America home water filtration unit market highlights
- The North America home water filtration unit market generated a revenue of USD 2,796.7 million in 2022.
- The market is expected to grow at a CAGR of 9.4% 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, U.S. is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 2,796.7 million |
| Market revenue in 2030 | USD 5,721.0 million |
| Growth rate | 9.4% (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 |
| 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, North America region accounted for 23.1% 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 38.72% in 2022. Horizon Databook has segmented the North America 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.
North America is projected to account for a market share of 22.4% by 2025 on account of increasing hard water in the region. Hard water results in scaling due to the presence of minerals. This piles up on the inner surfaces of the pipeline, thereby clogging the plumbing and pipes in the appliance.
The Flint water crisis in Michigan in 2014 made clean drinking water inaccessible to adults as well as children in and around the state, with dangerous amounts of lead from old pipes leaking into the water supply.
The presence of a large number of players operating in the region has substantially driven the growth of the home water filtration unit market. Technological upgradation provided by these companies has resulted in the availability of a wide range of filtration systems.
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Home Water Filtration Unit Market Scope
Home Water Filtration Unit Market Companies
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North America home water filtration unit market size, by country, 2018-2030 (US$M)
North America Home Water Filtration Unit Market Outlook Share, 2022 & 2030 (US$M)
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