Market Overview:
The global faucet water filters market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing awareness about the benefits of using faucet water filters and rising demand for filtered water in households and commercial establishments. In terms of type, the activated carbon filter segment is expected to lead the global faucet water filters market during the forecast period. This can be attributed to its ability to remove harmful contaminants from tap water, such as chlorine and lead. In terms of application, the household segment is expected to dominate the global faucet water filters market during 2018-2030 owing to an increase in demand for filtered drinking and cooking water from households across regions.
Product Definition:
A faucet water filter is a device that is attached to a faucet and filters the water that comes out of it. Faucet water filters are important because they can help reduce the amount of contaminants in the water.
Activated Carbon Filter:
Activated carbon filter is a device used to eliminate contaminants from water. It's the most common type of water purifier and it's used in almost all types of faucet mounted filters. The activated carbon removes contaminants by attracting and holding onto them with its open & porous structure.
Mixed Media:
Mixed media is a combination of two or more materials which are used to create one new material. It can be done with the help of various techniques like printing, painting, drawing and pasting. The most common example of mixed media would be an image/poster created by pasting multiple images together.
Application Insights:
The commercial category dominated the global faucet water filters market, accounting for more than 60.0% share of the overall revenue in 2017. The growth can be attributed to a rise in demand from hotels, restaurants and bars at a global level. Moreover, with an increase in tourism there has been an upsurge in the construction of new hotels and resorts which require fresh water supplies on a constant basis. This has led to increased demand for filters that are capable of providing clean & pure drinking water without any contaminants through activated carbon or other technologies globally.
Household is expected to be one of the fastest-growing application segments over the forecast period owing to rising awareness about health benefits associated with filtered drinking water including reduction in cholesterol levels and blood pressure among others globally as well as locally across all age groups especially among women & children where most cases of heart diseases occur naturally due to lack of knowledge regarding healthy lifestyle practices including regular exercise.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing awareness regarding water conservation, growing demand for filtered drinking water, and stringent government regulations regarding tap water quality in countries such as U.S., Canada, and Mexico.
Growth Factors:
- Increasing awareness about the benefits of using faucet water filters: Faucet water filters offer a number of benefits over other forms of water filtration such as pitchers or countertop models. They are easy to install and use, and can be attached directly to the faucet, making it convenient to use. Faucet water filters also remove more contaminants from the water than other types of filters, making them a better choice for those who are concerned about their health and want to ensure that they are drinking clean, safe water.
- Rising demand for filtered tap water in homes: More and more people are becoming aware of the importance of drinking clean, filtered tap water and are choosing to install faucet-mounted filters in their homes. This is especially true in countries where the quality of tapwater is not considered safe for consumption without filtering it first. In addition, many families are now choosing to filter all the household's taps rather than just one or two as was traditionally done in the past.
- Advances in technology that have made faucet-mounted filters more efficient: Recent advances in technology have led to improvements in faucet-mounted filter design that make them more efficient at removing contaminants from tapwater while still maintaining good flow rates .This has made them a popular choice among consumers who want an affordable way to get cleaner drinkingwater without havingto sacrifice convenience or performance .
- . Growing concerns about environmental pollution:
Scope Of The Report
Report Attributes
Report Details
Report Title
Faucet Water Filters Market Research Report
By Type
Activated Carbon Filter, Mixed Media
By Application
Household, Commercial
By Companies
Midea, Qinyuan Group, Hanston, Culligan International, Stevoor, Haier, Coway, Toray, Whirlpool, Panasonic, Kent RO Systems, Quanlai, Royalstar, GREE
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Faucet Water Filters Market Report Segments:
The global Faucet Water Filters market is segmented on the basis of:
Types
Activated Carbon Filter, Mixed Media
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Midea
- Qinyuan Group
- Hanston
- Culligan International
- Stevoor
- Haier
- Coway
- Toray
- Whirlpool
- Panasonic
- Kent RO Systems
- Quanlai
- Royalstar
- GREE
Highlights of The Faucet Water Filters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Activated Carbon Filter
- Mixed Media
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Faucet Water Filters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A water filter is a device that removes contaminants from water. Contaminants can include bacteria, viruses, and chemicals. Faucet water filters are typically small and lightweight, making them easy to carry with you wherever you go. They also have a long life expectancy, meaning they will continue to remove contaminants for many years.
Some of the major players in the faucet water filters market are Midea, Qinyuan Group, Hanston, Culligan International, Stevoor, Haier, Coway, Toray, Whirlpool, Panasonic, Kent RO Systems, Quanlai, Royalstar, GREE.
The faucet water filters market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Faucet Water Filters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Faucet Water Filters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Faucet Water Filters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Faucet Water Filters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Faucet Water Filters Market Size & Forecast, 2018-2028
4.5.1 Faucet Water Filters Market Size and Y-o-Y Growth
4.5.2 Faucet Water Filters Market Absolute $ Opportunity
Chapter 5 Global Faucet Water Filters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Faucet Water Filters Market Size Forecast by Type
5.2.1 Activated Carbon Filter
5.2.2 Mixed Media
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Faucet Water Filters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Faucet Water Filters Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Faucet Water Filters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Faucet Water Filters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Faucet Water Filters Analysis and Forecast
9.1 Introduction
9.2 North America Faucet Water Filters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Faucet Water Filters Market Size Forecast by Type
9.6.1 Activated Carbon Filter
9.6.2 Mixed Media
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Faucet Water Filters Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Faucet Water Filters Analysis and Forecast
10.1 Introduction
10.2 Europe Faucet Water Filters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Faucet Water Filters Market Size Forecast by Type
10.6.1 Activated Carbon Filter
10.6.2 Mixed Media
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Faucet Water Filters Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Faucet Water Filters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Faucet Water Filters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Faucet Water Filters Market Size Forecast by Type
11.6.1 Activated Carbon Filter
11.6.2 Mixed Media
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Faucet Water Filters Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Faucet Water Filters Analysis and Forecast
12.1 Introduction
12.2 Latin America Faucet Water Filters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Faucet Water Filters Market Size Forecast by Type
12.6.1 Activated Carbon Filter
12.6.2 Mixed Media
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Faucet Water Filters Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Faucet Water Filters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Faucet Water Filters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Faucet Water Filters Market Size Forecast by Type
13.6.1 Activated Carbon Filter
13.6.2 Mixed Media
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Faucet Water Filters Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Faucet Water Filters Market: Competitive Dashboard
14.2 Global Faucet Water Filters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Midea
14.3.2 Qinyuan Group
14.3.3 Hanston
14.3.4 Culligan International
14.3.5 Stevoor
14.3.6 Haier
14.3.7 Coway
14.3.8 Toray
14.3.9 Whirlpool
14.3.10 Panasonic
14.3.11 Kent RO Systems
14.3.12 Quanlai
14.3.13 Royalstar
14.3.14 GREE
