by The global Water Filter Jug Market is estimated to be valued at US$ 774.00 Million in 2021 and is expected to exhibit a CAGR of 6.71 % over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Water filter jugs effectively remove contaminants from tap water making it safer for drinking. They come equipped with activated carbon filters that remove chlorine, heavy metals, organic pollutants and other unwanted particles. The convenient pitcher design of water filter jugs makes them an ideal solution for home water filtration.
Market key trends:
One of the key trends driving the growth of water filter jugs market is the increasing health concerns related to consumption of contaminated tap water. Long term consumption of tap water containing heavy metals like lead and other organic compounds has been linked to various health issues. Also, the preference for pure and great-tasting water is promoting the adoption of in-home water filtration systems like water filter jugs. Their compact size and ease of use make them popular among households looking for simple yet effective water purification solutions.
Segment Analysis
The global water filter jug market is segmented by type into wall-mounted, countertop, under-sink and others. The countertop segment dominates the market and holds the largest market share. Countertop water filter jugs are easy to install and operate and provide purified water directly from the kitchen counter. This convenience and ease of use has made countertop water filter jugs very popular among homeowners and businesses.
Key Takeaways
Global Water Filter Jug Market Demand is expected to witness high growth, exhibiting a CAGR of 6.71% over the forecast period from 2023 to 2030, due to increasing health concerns regarding consumption of contaminated water. The market is expected to reach US$ 774.00 Million in 2021.
The North American region dominates the water filter jug market and is expected to continue its dominance over the forecast period. Stringent regulations regarding water safety and rising awareness about water purification in the US and Canada are fueling demand for water filter jugs in the region.
The Asia Pacific region is expected to witness the highest growth over the forecast period, exhibiting a CAGR of over 7%. Growing population, rising disposable income, and deteriorating water quality in major countries like India and China are driving the demand for water filter jugs in the region.
Key players operating in the water filter jug market are Aqua Optima, AQUAPHOR, Brita, BWT Holding GmBH, Mitsubishi Chemical Cleansui Corporation, Culligan, Dafi filters, Electrolux, KENT RO SYSTEMS LTD, Life Straw, Ningbo Qingqing Environmental Protection Electrical Co., Ltd., PHILIPS, PUR, Seychelle Water Filtration, and Sharp Corporation. Major players are focusing on innovations to launching new products with advanced features and expanding their global footprint through mergers and acquisitions.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
