Canada Point Of Use Water Treatment Systems Market Size & Outlook
Canada point of use water treatment systems market, 2018-2030 (US$M)
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Canada point of use water treatment systems market highlights
- The Canada point of use water treatment systems market generated a revenue of USD 1,744.3 million in 2022 and is expected to reach USD 3,079.2 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.4% from 2023 to 2030.
- In terms of segment, industrial was the largest revenue generating application in 2022.
- Commercial is the most lucrative application segment registering the fastest growth during the forecast period.
Point of use water treatment systems market data book summary
| Market revenue in 2022 | USD 1,744.3 million |
| Market revenue in 2030 | USD 3,079.2 million |
| Growth rate | 7.4% (CAGR from 2022 to 2030) |
| Largest segment | Industrial |
| Fastest growing segment | Commercial |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Residential, Commercial, Industrial |
| Key market players worldwide | 3M Co, Koninklijke Philips NV, Pentair PLC, Panasonic Holdings Corp, Unilever PLC, LG Electronics Inc ADR, EcoWater Systems, A.O. Smith Corp, Amway Malaysia Holdings, Culligan International |
Other key industry trends
- In terms of revenue, Canada accounted for 6.7% of the global point of use water treatment systems market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. point of use water treatment systems market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 6,677.9 million by 2030.
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Point Of Use Water Treatment Systems Market Scope
Point Of Use Water Treatment Systems Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada point of use water treatment systems market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to point of use water treatment systems market will help companies and investors design strategic landscapes.
Industrial was the largest segment with a revenue share of 41.91% in 2022. Horizon Databook has segmented the Canada point of use water treatment systems market based on residential, commercial, industrial covering the revenue growth of each sub-segment from 2018 to 2030.
According to Statistics Canada, the country's population in October 2022 was 39,292,355, up 2.3% from October 2021. Over the projection period, population growth in Canada is expected to lead to growth of the residential construction sector.
Residential construction is expected to be further boosted by the Canadian government's growing investments in providing low-income families with affordable housing through the Affordable Housing Initiative (AHI) and the Canada Mortgage and Housing Corporation (CMHC) programs.
In February 2021, the government announced a USD 15 billion budget for infrastructure improvements, including solar farms in addition to new roads and bridges. The aforementioned factor is anticipated to drive the market over the forecast period.
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Our clientele includes a mix of point of use water treatment systems market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada point of use water treatment systems market , including forecasts for subscribers. This country databook contains high-level insights into Canada point of use water treatment systems market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada point of use water treatment systems market size, by application, 2018-2030 (US$M)
Canada Point Of Use Water Treatment Systems Market Outlook Share, 2022 & 2030 (US$M)
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