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China water purifiers market will exceed 600 billion yuan

文章来源: 作者: 发布时间:2018年08月15日 点击数: 字号:

Global household water purifier market capacity is almost 100 million units, with US, Japan and France as large markets.  US is the largest market, accounting for 23% of the total.

According to the data, the popularity of household water purifiers in US, Japan and Korea reached 70-90%, but opposite in China.

As the report on household water purifiers industry perspective and investment showed, China household water purifier industry output continually increased in 2013-2016 and reached 20.3 billion yuan in 2016 with the growth rate of 40%.

Water purifier industry output

The popularity of water purifier in Europe, US, Japan and Korea is over 70%, comparing with 10% in China.  There is a large gap between developed countries and China, but China market is optimistic.  Driven by increasing demand, China household water purifier industry output will maintain 10% of growth rate and exceed 28,000,000 units in 2022.

Water purifier industry capacity prediction

With the rapid development of economy and serious water pollution, as well as the improvement of people’s income and living level, the demand for high quality water is also increasing.  Drinking water and health are the public concerns.  China household water purifier industry will enter into a new uptick period and become a necessary for people’s life just like air conditioner.

During the period of 2011-2014, China household water purifier market increased by 25%-30%.  It is predicted that if one quarter of 400 million Chinese families used water purifiers, China household water purifier market will reach 200 billion yuan.   With the popularity of water purifiers and technology and products upgrading, China water purifier market capacity will exceed 300 million units or 600 billion yuan in the future.