retail stores segment

Water Purifier Market to Reach $92.1 Billion, Globally, by 2031 at 10.1% CAGR: Allied Market Research

Water Purifier Market to Reach $92.1 Billion, Globally, by 2031 at 10.1% CAGR: Allied Market Research

Increase in disposable income, demand for water purification systems, and rise in concerns toward health and well-being among the global population drive the growth of the global water purifier market. Allied Market Research published a report, titled, "Water purifier Market by Technology (Uv, Ro, Gravity Based), by End User (Commercial, Residential), by Distribution Channel (Retail Stores, Direct Sales, Online), by Portability (Portable, Non Portable): Global Opportunity Analysis and Industry Forecast, 2020-2031". According to the report, the global water purifier industry generated $29.9 billion in 2020, and is anticipated to generate $92.1 billion by 2031, witnessing a CAGR of 10.1% from 2022 to 2031.