India Water Purifier Market Shows Huge Potential, Says Bonafide Research in Its Latest Report Available at MarketPublishers.com
16 Jun 2016 • by Natalie Aster
LONDON – During the past several years, Indian witnessed remarkable improvements in accessing drinking water. However, the pure quality of water supplied by the civic authorities still present a huge challenge.
The demand for water purifiers in the country is on the rise; it is driven by increasing concerns about water-borne diseases, growing disposable incomes of the local population, expanding urbanization along with low penetration level.
During the past 5 years, the Indian market for water purifiers was on the rise, registering a CAGR of over 21%. Presently, the Indian water purifier market is going through considerable changes on the back of the latest technological innovations and intensifying competitive pressures in the domestic water purifier marketplace. The Indian water purifier market is set to keep on growing, demonstrating high potential in the offing.
Despite high costs for RO purifiers, they are enjoying a rising popularity due to their advantages and benefits over the other purifiers. For a long period the RO segment in India was dominated by Eureka Forbes, however Kent has recently overtaken the leading position.
In-demand research study “India Water Purifier Market Overview” drawn up by Bonafide Research & Marketing offers a granular analysis of the current situation in the Indian market for water purifiers. Moreover, it estimates the country’s market future potential and highlights possible development trends. The report traces light on the market size, shares, volume and value. It provides the market segmentation analysis (by company, region, state, etc.), includes granular profiles of the major market players and examines the market dynamics.
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