GCC Water Purifier Market

GCC Water Purifier Market Overview:

The GCC water purifier market was worth US$ XX Billion in 2022, expanding at a CAGR of X% during 2017-2022. Looking forward, the market is projected to grow at a CAGR of around X% during 2023-2028, reaching a value of US$ XX Billion by 2028. Water purifiers are devices that separate impurities from water, including bacteria, toxins, chemicals, microorganisms, pathogens, other dissolved solids, making it drinkable. They also eliminate suspended particles from untreated water sources, such as rivers, lakes, and wells. They are majorly used in commercial and residential spaces. Water purifiers are also used in disaster-prone areas and by military personnel, hikers, campers, and workers living in areas with insufficient drinking water. In recent years, water purifiers have gained traction across the GCC region due to the expanding disposable incomes of the masses.

One of the primary factors driving the market is the declining portable water level on account of rapid industrialization and urbanization. Additionally, the extensive utilization of agrochemicals and improper release of industrial waste into water bodies, such as rivers, lakes, and oceans, is leading to rising concerns among the masses regarding the accessibility of clean drinking water. This has lead to the widespread adoption of residential water treatment products, including water purifiers. Other than this, the rising health consciousness among individuals is creating a positive market outlook.  Besides this, portable water purifiers are user-friendly and convenient to use, especially for individuals indulging in mountain climbing or similar adventurous activities, thereby positively influencing the market growth. Furthermore, water purifiers remove cryptosporidium and giardia, which minimizes the possibility of gastrointestinal illness by 33%. They also remove chlorine and its byproducts and reduces the bladder and rectal cancer threat. Apart from this, the introduction of water purifiers with advanced technologies, such as activated carbon filtration and reverse osmosis, is escalating the product demand in the GCC countries. Moreover, key players, especially in the UAE and Saudi Arabia, are focusing on domestic production to gain a competitive edge in the market. These factors are anticipated to provide a positive thrust to market growth in the upcoming years.

Beginning with a regional overview, the report explores the dynamics that have a strong influence on the GCC water purifier market and can also impact its future growth. Taking 2022 as the base year, the report covers historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth inducing factors, market restraints and recent developments have also been analysed in the report in order to provide a deeper knowledge about the industry. On a regional basis, the report examines the GCC water purifier market in Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. For each of these regions, the report studies the GCC water purifier market in detail for latest trends, outlook and opportunities.

The report analyses the competitive structure of the GCC water purifier market industry and provides the profiles of major players operating in the market. The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the GCC water purifier market industry along the parameters of the Porter’s Five Forces model. This model examines the degree of competition in the GCC water purifier market industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the GCC water purifier market industry. Furthermore, the value chain analysis of the GCC water purifier market industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

GCC Water Purifier Market Segment Insights:

The GCC water purifier market has been analysed as followed:

By Technology Type:

• Gravity Purifiers
• RO Purifiers
• UV Purifiers
• Sediment Filter
• Water Softener
• Others

By Distribution Channel:

• Retail Stores
• Direct Sales
• Online

By End User:

• Industrial
• Commercial
• Household

By Country:

• Saudi Arabia
• United Arab Emirates
• Qatar
• Kuwait
• Oman
• Bahrain

Country-wise, the market has been segmented into Saudi Arabia, United Arab Emirates, Qatar, Kuwait, Oman and Bahrain. Amongst these, Saudi Arabia represents the largest market, accounting for majority of the GCC region.

Competative Landscape: 

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Highlights of the GCC Water Purifier Market Report:

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

Report Customisation:

The GCC water purifier market report can be customised as per your requirements. You can get in touch with our analyst, who will make sure that the report suits your research needs