The water softener market is probably going to ascend to US$ 3.1 Billion by 2022. The water softener market is expected to arrive at US$ 6.9 Billion with a CAGR of 8.3% by 2032.
A water softener is a primary filtering equipment that converts hard water to soft water. Water softeners employ chemical and physical ways to remove calcium and magnesium from water in a controlled manner, thereby reducing the negative impacts of hard water on end-use applications. Ion exchange, distillation, and reverse osmosis are some of the procedures used to transform hard water to soft water. The ion exchange process softens hard water the most effectively, although it consumes more resources per unit soft water output than other procedures.
The water softener market is primarily driven by hard water locations. North America is predicted to dominate the global water softener market due to the huge population present in the hard water affected region. The household category is likely to witness considerable demand during the forecast period due to its expansion into developing countries.
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The water softener market is segmented on the basis of type, process, and end-use.On the basis of type, the water softener market is segmented into electric and manual. The electric segment is expected to dominate the global water softener market owing to its higher efficiency and added functionalities. The manual segment is expected to see substantial demand in the low-income regions owing to its lower price than electric water softener segment.
On the basis of process, the water softener market is segmented into ion exchange, distillation, and reverse osmosis. The ion exchange segment is expected to dominate the global water softener market owing to its higher efficiency. The reverse osmosis segment is expected to see healthy growth owing to its competitive pricing and lesser resource requirement per unit output making a sustainable option in residential hard water treatment.
On the basis of end-use, the water softener market is segmented into residential, commercial and industrial. The residential segment is expected to dominate in terms of volume share over the forecast period owing to its larger consumer base. The higher price point of the commercial water softener is expected to witness substantial value share over the global water softener market.
Water Softener Market: Region-wise Outlook:
The Asia Pacific is expected to see faster growth rate over the forecast period owing to its rapidly increasing population in urban cities which is turning groundwater hard rapidly. The Latin America region is expected to also capture a substantial share over the forecast period. North America and Europe to witness steady growth rates owing to its market maturity level. The Middle East and Africa to also witness healthy growth rates owing to increasing HoReCa sector and urbanization.
Water Softener Market: Drivers and Restraints:
The global water softener market is expected to be driven by the increasing awareness over the ill effect of hard water on regular usages. The internet of things has let open new geographies for water softener market in developing regions. With regular investment into research and development of water softener technology manufacturers have produced more efficient and less resource consuming water softeners. This is anticipated to increase demand for residential water softener kits, globally. The increasing population in the urban arrangements hasincreased water stress leading to the increased hardness of the groundwater which is expected to increase demand for water softeners in such regions over the forecast period.
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Water Softener Market: Key Players:
The global player for the Water softener market are Culligan International Company, Fleck Systems, GE Appliances (Hair Co.), Morton (K+S Group), NuvoH20, LLC. , Watercare Softeners Ltd., and Kinetico UK Ltd.
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