Water Filters Market Global Outlook & Forecast 2024-2029, Featuring Key Vendor Profiles for Culligan, Pentair, The 3M Company and Veolia - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Water Filters Market - Global Outlook & Forecast 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The Water Filters Market was valued at USD 10.05 billion in 2023, and is projected to reach USD 14.97 billion by 2029, rising at a CAGR of 6.87%.

Advanced filtration technologies play a crucial role in meeting consumer expectations for ongoing product innovations and enhancements. Leading players such as Pentair, VEOLIA, The 3M Company, and Culligan dominate the global water filter market. The vendors are refining their unique value propositions to achieve a strong market presence by adopting advanced filtration technologies, as consumers are expecting continuous innovations and upgrades in their products. Therefore, as global players are increasing their footprint in the market, regional vendors will likely find it increasingly difficult to compete with global players.

MARKET TRENDS & DRIVERS

Increasing Demand for Smart Water Filters

Advancements in filter materials, including self-cleaning mechanisms and high-capacity membranes, are improving performance and extending filter lifespans. Incorporating smart features, including automatic filter replacement systems, water quality monitoring capabilities, and integration with home automation systems, is gaining popularity. These smart technologies offer benefits such as remote monitoring and control, leak detection with automatic shut-off, and personalized filtration settings.

Rising Waste Treatment Systems

Water contamination remains a pressing global concern; however, technological innovation is propelling us forward, and we are addressing this issue with inventive solutions. Additionally, innovations in climate-resilient infrastructure, such as smart water management systems and green infrastructure, help address the challenges of changing environmental conditions. The water filter market is driven by an increasing need to reduce contamination and a rising demand for virus-free products. Rising freshwater scarcity, reducing groundwater levels, and various government initiatives about water quality improvements will drive industry growth.

GEOGRAPHICAL ANALYSIS

The North American region is the largest contributor to the global water filter market, accounting for a global revenue share of over 47% in 2023. Heightened concerns about safe drinking water drive the region's growth. Across the U.S., millions are exposed to water that fails to meet EPA standards, fueling a surge in demand for water filtration systems. EPA made significant progress toward protecting public health by acting in communities facing serious health threats from their taps due to noncompliance in the water system. Furthermore, municipal wastewater treatment methods, usage of chemical fertilizers and pesticides in households, regulatory compliance of mining operations, and release of cadmium and mercury from heavy industries are expected to shape the adoption of water filtration systems in Canada during the forecast period.

VENDORS LANDSCAPE

Key Company Profiles

• Culligan (BDT Capital Partners)
• Pentair
• The 3M Company
• Veolia

Other Prominent Vendors

• A. O. Smith
• APEC Water Systems
• AXEON Water Technologies
• AquaHomeGroup
• Aquafilter
• Big Berkey Water Filters
• BRITA (CLOROX CO.)
• BWT
• Coway
• Doulton
• EcoWater Systems
• GE Appliances (Haier)
• GHP Group
• Helen of Troy
• Ion Exchange
• iSpring Water Systems
• KENT RO Systems
• MANN+HUMMEL (Mutares SE & Co. KGaA)
• Meissner Filtration Products
• Pall Corporation
• Porex (Filtration Group Corporation)
• SoftPro Water Systems
• SpringWell Water Filtration Systems (Fortune Brands Innovations)
• Toray Industries
• Watts
• Whirlpool
• Xylem

KEY QUESTIONS ANSWERED

• How big is the water filter market?
• Which region dominates the global water filters market share?
• What are the significant trends in the water filters market?
• What is the growth rate of the global water filters market?
• Who are the key players in the global water filters market?

Key Attributes:

Report Attribute	Details
No. of Pages	388
Forecast Period	2023 - 2029
Estimated Market Value (USD) in 2023	$10.05 Billion
Forecasted Market Value (USD) by 2029	$14.97 Billion
Compound Annual Growth Rate	6.8%
Regions Covered	Global

Key Topics Covered:

1. Scope & Coverage

2. Premium Insights

2.1. Opportunity Pockets

2.2. Overview

2.3. Future Market Analysis

2.3.1. Increasing Demand for Smart Water Filters

2.3.2. Expansion of Water Treatment Systems

2.4. Segmentation Analysis

2.5. Geographical Analysis

2.6. Vendors Landscape

3. Market at a Glance

4. Introduction

4.1. Overview

4.2. Recent Developments

4.3. Self Cleaning Technology

4.4. Importance of Ro Filtration Systems

4.5. Increasing Usage of Filtered Water in Industrial Activities

4.6. Growing Travel & Tourism Industry

5. Market Opportunities & Trends

5.1. Deteriorating Water Quality

5.2. Increasing Demand for Smart Water Filters

5.3. High Opportunities for Aftermarket Sales

5.4. Emergence of Advanced Technology

6. Market Growth Enablers

6.1. Expansion of Water Treatment Systems

6.2. Increasing Consumption of Purified & Filtered Water

6.3. Rising Awareness of Waterborne Diseases

6.4. Surging Demand for Water Dispensers

7. Market Restraints

7.1. Compliance with Standards & Certifications

7.2. Low Penetration & High Maintenance

7.3. Availability of High-Quality Tap Water in Developed Economies

8. Market Landscape

8.1. Market Size & Forecast

8.2. Five Forces Analysis

9. Media Type

9.1. Market Snapshot & Growth Engine

9.2. Market Overview

9.3. Single & Dual Stage

9.4. Cartridges

9.5. Multimedia

10. Technology Type

10.1. Market Snapshot & Growth Engine

10.2. Market Overview

10.3. Ro

10.4. Sediment

10.5. Activated Carbon

10.6. Ion Exchange

10.7. Other Technologies

11. Mount Type

11.1. Market Snapshot & Growth Engine

11.2. Market Overview

11.3. Whole-House

11.4. Under-The-Sink

11.5. Countertop

11.6. Faucet

11.7. Others

12. Application

12.1. Market Snapshot & Growth Engine

12.2. Market Overview

12.3. Water Dispensers

12.4. Home Water Filtration

12.5. Washing Machines & Refrigerators

12.6. Water Softening

12.7. Other Applications

13. End-users

13.1. Market Snapshot & Growth Engine

13.2. Market Overview

13.3. Residential

13.4. Commercial

13.5. Educational Institutes

13.6. Municipal

13.7. Industrial

14. Distribution Channel

14.1. Market Snapshot & Growth Engine

14.2. Market Overview

14.3. Offline

14.4. Online

15. Geography

15.1. Market Snapshot & Growth Engine

15.2. Geographic Overview

16. North America

17. APAC

18. Europe

19. Latin America

20. Middle East & Africa

21. Competitive Landscape

22. Key Company Profiles

• Culligan (BDT Capital Partners)
• Pentair
• The 3M Company
• Veolia

23. Other Prominent Vendors

• A. O. Smith
• APEC Water Systems
• AXEON Water Technologies
• AquaHomeGroup
• Aquafilter
• Big Berkey Water Filters
• BRITA (CLOROX CO.)
• BWT
• Coway
• Doulton
• EcoWater Systems
• GE Appliances (Haier)
• GHP Group
• Helen of Troy
• Ion Exchange
• iSpring Water Systems
• KENT RO Systems
• MANN+HUMMEL (Mutares SE & Co. KGaA)
• Meissner Filtration Products
• Pall Corporation
• Porex (Filtration Group Corporation)
• SoftPro Water Systems
• SpringWell Water Filtration Systems (Fortune Brands Innovations)
• Toray Industries
• Watts
• Whirlpool
• Xylem

For more information about this report visit https://www.researchandmarkets.com/r/lps2f5

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