Water Purifier Market in India
2014 report states that the domestic water purifier
market is set to experience steady growth as people are becoming more aware of
the utility of water purifiers in India. As initial consumer reactions and
water purifier reviews have been largely positive, the adoption of the same
will only improve over the years.
Also, the market is largely under
penetrated and manufacturers have ample opportunities to grow in this market.
Various innovations and availability of products at various price points are
helping the market to grow considerably. Demand for water purifiers is huge in
the developing countries as government initiatives in such regions are not
enough to provide clean drinking water. In India, the market size of water
purifiers is huge and it is projected to increase even further.
Increase in urbanization is one of
the major contributing factors behind the growth of the domestic water purifier
market. People have less time to boil water, which is one of the reasons why
water purifiers are very convenient for people staying in urban areas. As
population increases, clean water becomes inaccessible to households. Unclean
water leads to various water borne diseases. So, water purifiers have become a
necessity nowadays. The water purifier market faces some challenges such as
lack of awareness among the rural population and lack of standardization among
the products marketed by companies. Recent trends have made it evident that new
players are entering the market and they are also trying to increase the number
of selling points. There is a lot of
opportunity as the rural market is still untapped. The number of major water
purifier companies in India is also considerably low which leads to low
barriers towards market entry.
Spanning over 75 pages, “Water Purifier Market in India 2014” report covering the Executive
Summary, Macroeconomic Indicators, Introduction, Drivers & Challenges,
Competitive Landscape, Market Opportunities, Strategic Recommendations,
Appendix. This report Covered 8 Companies - Hindustan Unilever Ltd., Tata
Chemicals Ltd., Ion Exchange (India) Ltd., Whirlpool of India Ltd., Eureka
Forbes Ltd., Kent RO Systems Ltd., Usha Shriram Enterprises Pvt. Ltd., Luminous
Water Technologies Pvt. Ltd.
Know
more about this report at – http://mrr.cm/ZuL
Find all Water
Purification Reports at: http://www.marketresearchreports.com/water-purification
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