The global water filter jug market Growth Accelerated by Increased Health Consciousness
Water filter jugs are handy kitchen appliances used for removing impurities and contaminants such as sediments, chlorine, unpleasant tastes and odors from tap water to make it safe for drinking. They provide clean, refreshing drinking water on demand and help reduce single-use plastic bottle waste.
The
global water filter jug market is estimated to be valued at US$ 881.36 Mn in
2023 and is expected to exhibit a CAGR
of 5.8% over the forecast period 2023 to 2030, as highlighted in a new
report published by Coherent Market Insights.
Market key trends:
Growing health consciousness among consumers has accelerated the demand for
water filter jugs in recent years. People are increasingly aware of the various
health hazards of drinking contaminated water and the importance of purifying
water consumed at home. The rising cases of waterborne diseases worldwide have
highlighted the need for effective water treatment at the household level.
Water filter jugs enable easy access to clean drinking water and remove
impurities that may cause health issues. The growing preference for healthy
beverage choices is expected to drive the sales of water filter jugs globally
over the forecast period.
Segment Analysis
The global
water filter jug market size is dominated by the activated carbon
sub-segment. Activated carbon filters are widely used as they are highly
effective in removing impurities like chlorine and heavy metals from water.
Activated carbon particles have a very large surface area that helps adsorb
unwanted toxins and residues.
Key Takeaways
The global water filter jug market is expected to witness high growth over
the forecast period. Growing health concerns among consumers regarding consumption
of clean water free from contaminants is a key factor driving increased demand
for water filter jugs. The global water filter jug market is estimated to be
valued at US$ 881.36 Mn in 2023 and is expected to exhibit a CAGR of 5.8% over
the forecast period 2023 to 2030.
Regional Analysis
Europe currently holds the largest share in the water filter jug market due
to growing awareness about water purification and quality in countries like
Germany, UK, and France. Stringent regulations promoting water safety and
hygiene have accelerated the adoption of in-home water filtration systems in
the region.
Key Players
Key players operating in the water filter jug market are 3M Company, Dow
Inc., Saint-Gobain, Trelleborg AB, Freudenberg Group, Cooper Standard Holdings
Inc., NITTO DENKO CORPORATION, Henniges Automotive Holdings, Inc., Lauren
Manufacturing, Hebei Shida Seal Group Co. Ltd., Zhongshan Zhensheng Rubber
Products Co. Ltd., Yitong Sealing Material Co. Ltd., Elasto Proxy Inc.,
KOMPOZIT'KOMPLEKT LLC, Edgetech Europe GmbH.
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more insights on this topic: https://www.newsstatix.com/water-filter-jug-market-share-and-opportunity-analysis-2023-2030/
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