As per MarkNtel Advisors The Vietnam Water Purifier Market is estimated to grow at a CAGR of around 9.5% during the forecast period, i.e., 2024-30.
Vietnam Water Purifier Market Systems Market Outlook:
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Vietnam Water Purifier Market Systems Market Segmentation:
By System Type
-Under the Sink- Market Size & Forecast 2019-2030 (USD Million)
-Countertop Filters- Market Size & Forecast 2019-2030 (USD Million)
-Water Softeners- Market Size & Forecast 2019-2030 (USD Million)
-Point-of-entry Filters- Market Size & Forecast 2019-2030 (USD Million)
-Others (Pitcher Filters, etc.) - Market Size & Forecast 2019-2030 (USD Million)
By Technology
-Reverse Osmosis (RO) - Market Size & Forecast 2019-2030 (USD Million)
-Ultraviolet (UV) - Market Size & Forecast 2019-2030 (USD Million)
-Carbon Filtration- Market Size & Forecast 2019-2030 (USD Million)
-Combination (Ultrafiltration (UF)+ UV, RO + UV, RO+UV+UF, etc.) - Market Size & Forecast 2019-2030 (USD Million)
By End User
-Residential- Market Size & Forecast 2019-2030 (USD Million)
-Commercial- Market Size & Forecast 2019-2030 (USD Million)
By Sales Channel
-Direct Sales- Market Size & Forecast 2019-2030 (USD Million)
-Multi-Brand Stores & Outlets- Market Size & Forecast 2019-2030 (USD Million)
-Online- Market Size & Forecast 2019-2030 (USD Million)
By Region
-North
-South
-Central.
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Vietnam Water Purifier Market Driver:
The Growing Demand for Water Purifiers in the Residential Sector to Drive Market Growth – Rapid urbanization, fueled by rural-to-urban migration and population growth, has led to an increased demand for housing in cities and urban areas. Rising disposable incomes and improving living standards have further enabled more people to afford homes, stimulating residential construction and real estate development. Government initiatives and investments aim to address the housing needs of low-income families and provide affordable housing solutions through subsidies, loans, and incentives for developers, further surging the growth of the residential sector in the country. For Instance,
- In 2023 Q1, Vietnam completed about 300 social housing projects in urban areas and worker housing projects in industrial zones (IZs), with nearly 156,000 units.
With the surging construction of residential buildings and escalating growth in housing infrastructure development, the demand for clean and safe drinking water for individuals is rising rapidly in Vietnam. Consumers looking for safe drinking water are adopting water purifiers with UV and RO technologies to mitigate waterborne illness. This is resulting in the increasing demand for water purifiers in the country, which is augmenting the growth & development of the Vietnam Water Purifier Market.
Report Highlights Essential Insights for Strategic Decision-Making
• Detailed market size, share, and forecast analysis
• In-depth pricing trends and segment-wise cost evaluations
• Key industry strategies, including innovation, partnerships, and acquisitions
• Critical value chain analysis and stakeholder profiling
• Regional import-export market insights and trade flow assessment
• Thorough competitive benchmarking of top hearing aid manufacturers
• Identification of new growth opportunities and niche market segments
• Overview of market trends, drivers, and challenges shaping future demand
Some of the leading players in the Vietnam Water Purifier Market are:
Kent RO System Ltd., A. O. Smith Corporation (Aquasana Inc.), Panasonic Vietnam, Eureka Forbes Limited, LG Electronics, Easywell Water Systems, Inc., Unilever Plc (PureIt), Aquatech International LLC, GE Appliances, Pentair Vietnam, Others
Research Methodology Summary
A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.
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