Market revenue in 2022 | USD 1,833.2 million |
Market revenue in 2030 | USD 3,829.6 million |
Growth rate | 9.6% (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 38.96% in 2022. Horizon Databook has segmented the U.S. 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 U.S. accounted for 64.7% of the North America market in 2018 and is likely to emerge as the fastest-growing market in the region, primarily attributed to increasing presence of global players. The rising occurrence of waterborne diseases in the country is also driving the need for home water filtration systems.
The presence of contaminants in untreated and hard water caused nearly 289 cases of illness, 208 cases of hospitalization, and 17 deaths in the U.S. in 2014, according to the WHO/UNICEF Joint Monitoring Program 2017 report.
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