The global commercial water filter market is set to reach US$ 46.2 BN by 2030, at a 14.25% CAGR between years 2022-2030. The market for commercial water filters is undergoing rapid transformation due to a range of factors that underscore changing consumer priorities, technology innovations and increasing knowledge about high-quality drinking water.
The water quality is a major concern among businesses and institutions within this market as one of the chief drivers for change in it. With an enhanced sensitivity towards the presence of waterborne contaminants and their implications on human health, commercial firms are in need for effective as well as efficient solutions to mitigate this critical phenomenon.
The dynamics of the market for commercial water filters are significantly influenced by technological development. As the filtration technologies become newer and more advanced with time, businesses face a wide spectrum of choices. Primary filtration methods are increasingly being replaced by novel technologies like reverse osmosis, ultraviolet (UV) purification; advanced carbon filtering systems.
The latest technologies deliver not only advanced water purification but also better energy efficiency, lower impact on the environment which is in line with current trends of sustainable development. Additionally, the regulatory environment and regulation of standards for water quality are also driving commercial water filters dynamics in the market.
Meanwhile, with governments across the world tightening regulations on what levels of contaminants that are allowed into water sources businesses increasingly have to purchase quality filtration systems so as to meet these standards. This has opened a need for filtration systems that not only meet current standards but also have the flexibility to address future adjustments in water quality norms.
Changes in the commercial water filter market are also due to consumer preferences and awareness. Water quality has become a priority in the workspace due to increasing awareness about the need for clean and healthy water. Clinical consumers prefer clear information to know about the filtration technologies that are being used and how well, in any case commercial water filters perform. This change in consumer attitude is prompting producers to pay attention not only to product innovation and quality assurance but also clear communication towards changes demanded by the customers.
The competitive environment in the commercial water filter market is heating up as more organizations compete for ownership. Both entrenched companies and new entrants are actively competing this environment with many products possessing different characteristics ranging in price. This competition encourages innovation and reduces costs, expanding the reach of advanced water filtration technologies to more businesses.
Commercial Water Filter Market Size was valued at USD 18,385.6 Billion in 2023. The Commercial Water Filter market industry is projected to grow from USD 21,252.2 Billion in 2024 to USD 58,069.3 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 13.4% during the forecast period (2024 - 2032). Increasing awareness about water-borne diseases is majorly driving the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
The World Health Organization (WHO) organizes many campaigns to raise awareness regarding health and safety issues among individuals. Such campaigns are often aimed at educating the population regarding the causes of illness. According to the WHO, unsafe drinking water, sanitation, and hand hygiene lead to approximately 4 billion cases of diarrhea, every year, across the globe. The consumption of impure water or contaminated water is directly linked to the occurrence of several diseases, including cholera, diarrhea, dysentery, and typhoid. The rising cases of cholera and other serious illnesses such as guinea-worm disease, typhoid, and dysentery are increasingly prompting individuals to drink pure water, creating a demand for commercial water filters.
The demand for commercial water filters is limited in certain regions where the cost of the purification system is still a more prominent factor than the health of people. However, the scenario is changing with a rise in the number of diseases due to contaminated water. Such a change is expected to shift the impact of the increasing awareness about water-borne diseases on the Commercial Water Filter Market from moderate to high over the forecast period.
For instance, the demand for Commercial Water Filter is likely to boost the growth of the market and drive the growth of the Commercial Water Filter market revenue.
The Commercial Water Filter Market segmentation, based on type, includes FX filter, IEN filter, carbon filter, RO filter, others. The RO filter type segment held the majority share in 2021 contributing to around ~35.00% with respect to the Commercial Water Filter Market revenue. FX Filter’s antibacterial function provides significant hygienic water quality management in food services. This kind of filter uses flux technology which helps to reduce maintenance costs by preventing rust and corrosion. Also, the FX filter removes bacteria such as pseudo-coccus aureus and yellow staphylococcus. It provides safe water quality even in contaminated water conditions.
Figure 2: Commercial Water Filter Market, by Type, 2021 & 2030Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Additionally, in comparison to all type segment, the RO filter type segment is more useful for the Commercial Water Filter market.
November 2021 DuPont Water Solutions launched the DuPont TapTec LC HF-4040 Reverse Osmosis (RO) membrane filter. The company introduces this membrane as high flow rates, reliability, and ease of use. It helps the company to expand its product offering to consumers.
March 2021 DuPont Water Solutions launched the DuPont B-Free pre-treatment technology. It helps to eliminate the effects of biofouling in Reverse Osmosis which is the most common and severe problem.
January 2021 DuPont Water Solutions launched the DuPont TapTec Plus HF in Indian Market. It is the ultimate purification solution and is compatible with all residential water purifier brands for clean household water. It helps the company to expand its product offering to consumers in the Indian market.
The Commercial Water Filter Market segmentation, based on end-use, includes HoReCa, corporate offices, shopping malls and retail stores, institutional, others. The HoReCa end-use segment held the majority share in 2021 contributing to around ~35.00% with respect to the Commercial Water Filter Market revenue. HoReCa is a term in dutch which means hotels, restaurants, and cafes. The adaptation of the modern lifestyle and increase in the disposal in many prominent countries is a factor for the popularity of the HoReCa segment. Due to the recent generation's modernization and changing lifestyle and food habits, food services are always in demand. The tourism industry is one of the industries impacting the HoReCa segment. There is a significant increase in the hotels, restaurants, cafes, and food trucks that provide positive growth which will directly propel the growth of the commercial water filter market.
By Region, the study segments the market into North America, Europe, Asia-Pacific, and the Rest of the World. North America comprises potential economies such as the US, Canada, and Mexico. The North American market consists of the US, Canada, and Mexico; it is projected to hold a significant share of the Commercial Water Filter Market during the review period. Factors that drive the regional market include the increased demand for the scarcity of clean water and the growing population. The growing awareness of water-borne diseases backs this. Furthermore, growing water usage in commercial, high GDP rate in the US, and growth in the per capita household disposable income fuel the growth of the commercial water filter market in the US.
Further, the major countries studied are the US, Canada, Germany, France, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: COMMERCIAL WATER FILTER MARKET SHARE BY REGION 2021 (%)Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
With the highest population density in countries such as China and India, Asia-Pacific dominates the Commercial Water Filter Market. The market has been experiencing rapid growth in the last two to three years, owing to the growing commercial sector, rising preference for purified water, and government initiatives. The population of these regions has also been increasing, which is expected to boost market growth further. India has considerable demand for commercial water filters. The key factors that are driving the Indian market are the rapidly developing economy, government initiatives for pure water, and the growing population. The Asia-Pacific Commercial Water Filter Market is expected to grow at a CAGR of 20 % from 2022 to 2030. India Commercial Water Filter market was the fastest-growing market in the Asia-Pacific region. Moreover, China’s Commercial Water Filter market held the largest market share.
Countries such as Germany, France, and the UK are the leading markets for residential water-softening consumables in Europe. The commercial water filter market in Europe is expected to grow during the assessment period owing to the increasing use of tap water which showcases a healthy demand for commercial water filters in the region. Further, the Germany Commercial Water Filter market held the largest market share, and the UK Commercial Water Filter market was the fastest-growing market in the European region
Major market players are spending a lot of money on R&D to increase their product lines, which will help the Commercial Water Filter market grow even more. Market participants are also taking a range of strategic initiatives to grow their worldwide footprint, including new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Commercial Water Filter industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
One of the primary business strategies adopted by manufacturers in the global Commercial Water Filter industry to benefit clients and expand the Commercial Water Filter market sector is to manufacture locally to reduce operating costs. In recent years, Commercial Water Filter have provided medicine with some of the most significant benefits.
DuPont de Nemours and Company is divided into three business segments: electronics and industrial, mobility and materials, and water and protection. In November 2021, DuPont Water Solutions had launched the DuPont TapTec LC HF-4040 Reverse Osmosis (RO) membrane filter. The company introduces this membrane as high flow rates, reliability, and ease of use. It helps the company to expand its product offering to consumers.
Also, Pentair is primarily engaged in offering smart water solutions worldwide. In February 2022, Pentair introduced a new and updated “pentair.com” website for the Pentair water solutions experience. The company believes in providing solutions and services directly to consumers including online and in-home..
October 2021 A. O. Smith acquired Giant Factories, Inc., a Canada-based manufacturer of residential and commercial water heaters. The acquisition increased the companies penetration for retail and commercial sales in the North America market.
September 2021 Pentair plc acquired Pleatco company from Align Capital Partners. Pleatco is a manufacturer of water filtration and clean-air technologies for pool, spa, and industrial air customers.
December 2021 Culligan International and Waterlogic Group Holdings announced to create of a leader in sustainable drinking water solutions and services through combination.
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