The global point-of-entry (POE) water treatment systems market size was valued at $8,521.3 million in 2020, and is estimated to reach $13,532.5 million by 2031, registering a CAGR of 4.4% from 2022 to 2031.
The growing water contamination has raised several concerns among the populace across the globe. Increase in industrial activities pollute the surface water with the addition of toxic chemical substances along with pathogens. These toxic chemicals present imminent threats to human health. The poor water treatment infrastructure at municipal water plants in many countries increases the installation of point-of-entry water treatment systems in individual homes or buildings. Thus, the demand for water treatment systems is expected to grow and hence, boost the global point-of-entry water treatment systems market during the forecast period. Large-scale water treatment plants comprising effective purification systems require huge capital. This factor mainly affects the quality of water supplied to the citizens in the developing nations. Moreover, this is a major concern in areas where the population density is low. Thus, the installation of point-of-entry water treatment systems becomes necessary during initial stages of supply to a building. The surge in number of real estate project is expected to fuel the global point-of-entry water treatment systems market growth.
COVID-19 Impact Analysis
The freshwater resources are depleting on the earth owing to human activities such as urbanization, industrialization, and improper management of water resources. Although the situation is changing in developed countries due to increasing government initiatives, it is worsening in developing countries. Thus, the need for effective water treatment systems is increasing to prevent waterborne diseases, which is expected to propel the growth of the overall point-of-entry water treatment systems market.
High initial equipment and operation cost has restricted the adoption of these systems among residential customers. The equipment cost of these systems is significantly high and regular maintenance afterwards increases the cost of use. Although this factor impacted the market in the residential segment, the ongoing technological advancement is expected to help to bring down the cost of the equipment in future, increasing their use among households.
According to the point-of-entry water treatment systems market analysis, the market is segmented on the basis of product type, application, end use, and region. On the basis of product type, the point-of-entry water treatment systems market is segmented into water softening, filtration, reverse osmosis, disinfection, and others. On the basis of application, the market is segregated into residential, commercial, and industrial. On the basis of end use, the point-of-entry water treatment systems market is divided into hotel, commercial, household, hospital, academic, and others.
By Product Type
Water Softening segment held the major share of 38.6% in 2020
On the basis of region, the global point-of-entry water treatment systems market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, Italy, Spain, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
On the basis of product type, the water softening segment dominated the market, garnering around 38.5% of the point-of-entry water treatment systems market share in 2020. Water softeners are gaining increased demand from the customers due to the growing hardness content in the water. In the industrial sector, the water softeners find use in refineries, power plants, cooling towers, and food processing to avoid white scales on plumbing fixtures.
By Application
Residential segment held the major share of 47.8% in 2020
On the basis on application, the industrial segment is expected to be the fastest-growing segment during the forecast period owing to the surge in demand from pharmaceutical and food & beverages industries. The food & beverages and pharmaceutical industries need large-scale water treatment systems to comply with government regulations. In addition, disinfection is dominant in the pharmaceutical industry, as it requires water to be free from chlorine and have residual effect to prevent contamination during the supply.
On the basis of end use, the hotel segment dominated the global point-of-entry water treatment systems market in 2020. This is attributed to the extensive demand for the POE water treatment systems across the hotel industry for providing healthy and contamination-free water to the customers.
By End Use
Hotel segment held the major share of 30.4% in 2020
Asia-Pacific was the leading point-of-entry water treatment systems market in 2020. Rapid industrialization and urbanization have increased the level of water pollution in the Asian countries. In addition, insufficient water treatment infrastructures at municipal water treatment facilities have prompted the sale of household water treatment devices, especially point-of-entry systems in countries such as China and India.
Key players operating in this market are The DOW Chemical Company, Honeywell International Inc., 3M Company, Danaher Corporation, Pentair PLC, Best Water Technology (BWT) AG, Calgon Carbon Corporation, Culligan International, General Electric Company, and Watts Water Technologies, Inc. Product launch and innovation are the primary strategies adopted by players to increase market share.
By Region
Asia-Pacific segment held the major share of 39.2% in 2020
Key Benefits for Stakeholders
- The report provides an extensive analysis of the current and emerging point-of-entry water treatment systems market opportunities.
- The report provides detailed qualitative and quantitative analysis of the current trends and future estimations that help evaluate the prevailing point-of-entry water treatment systems market opportunities in the market.
- The point-of-entry water treatment systems market forecast is offered along with information related to key drivers, restraints, and opportunities.
- The point-of-entry (POE) water treatment systems market analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
- The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
Point-of-Entry Water Treatment Systems Market Report Highlights
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Analyst Review
The global point-of-entry water treatment systems market grows at a steady rate of 4.4% across the globe on account of the rise in concerns about health issues and degrading quality of municipal water. Growth in infrastructure, rapid urbanization, and technological developments have fueled the demand for point-of-entry water treatment systems globally. The Asia-Pacific region leads the market due to economic development and rapidly growing urbanization, especially in the emerging countries. China and India exhibited rapid growth rates in the recent past and are expected to continue their momentum in the wake of potable water purity and increase in awareness about the benefits of water treatment equipment.
Although the North American and European regions have shown early adoption of these water treatment systems, they are expected to grow at moderate growth rates in the upcoming years. The stringent regulations pertaining to food hygiene for hotels and restaurants as well as for beverage manufacturing and food processing companies are expected to drive the market growth in these regions. Water softeners constitute the highest market share globally due to heavy demand for these devices to minimize the water hardness. Further, filtration and reverse osmosis technologies are expected to continue their dominance during the forecast period.
Residential customers consolidate the highest revenue in the market attributed to the highest demand from residential apartments and societies in urban areas. The competition in the industry is intense due to the fragmented nature of the market. Leading market players adopt product launch and innovation as key development strategies to increase their market share. Key players such as Calgon Carbon Corp., The DOW Chemical Company, and 3M Company share a significant portion of the market.
The global point-of-entry (POE) water treatment systems market size was valued at $8,521.3 million in 2020, and is estimated to reach $13,532.5 million by 2031, registering a CAGR of 4.4% from 2022 to 2031. Rising demand for clean and drinkable water is fueling the market across the globe.
The global point-of-entry water treatment systems market is expected to grow at a CAGR of 4.4% from 2022 to 2031. The growing water contamination has raised several concerns among the populace across the globe. Increase in industrial activities pollute the surface water with the addition of toxic chemical substances along with pathogens.
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The base year calculated in the report is 2020. The year 2020 was an exceptional year characterized by the outbreak of the COVID-19 pandemic. The report provides a detailed analysis regarding the impact of the COVID-19 on the global point-of-entry water treatment systems market.
Key players operating in this market are The DOW Chemical Company, Honeywell International Inc., 3M Company, Danaher Corporation, Pentair PLC, Best Water Technology (BWT) AG, Calgon Carbon Corporation, Culligan International, General Electric Company, and Watts Water Technologies, Inc. Product launch and innovation are the primary strategies adopted by players to increase market share.
According to the point-of-entry water treatment systems market analysis, the market is segmented on the basis of product type, application, end use, and region. On the basis of product type, the point-of-entry water treatment systems market is segmented into water softening, filtration, reverse osmosis, disinfection, and others. On the basis of application, the market is segregated into residential, commercial, and industrial. On the basis of end use, the point-of-entry water treatment systems market is divided into hotel, commercial, household, hospital, academic, and others.
Commercial premises such as restaurants, offices, hospitals, research labs, and educational institutes, among others are the second largest consumers of water treatment systems globally. The hospitality industry comprising hotels and restaurants focuses on purified, bacteria-free water to maintain the quality of their services. These sectors are expected to fuel the demand for the point-of-entry water treatment systems market.
Asia-Pacific was the leading point-of-entry water treatment systems market in 2020. Rapid industrialization and urbanization have increased the level of water pollution in the Asian countries. In addition, insufficient water treatment infrastructures at municipal water treatment facilities have prompted the sale of household water treatment devices, especially point-of-entry systems in countries such as China and India.
The COVID-19 pandemic has positively affected the residential application segment in 2020. The demand for the residential point-of-entry water treatment systems spiked as people were forced to stay at their homes owing to the lockdown and travelling ban restrictions imposed by governments across the globe.
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