Water Softening Systems Market By Operation Type, By Application Type , By Design , & By Region - Forecast 2021 -2031

Water softening Systems market will total US$ 10.82 Bn by the end of 2021 As per Future Market Insights (FMI) analysis, exhibiting year on year growth of 4.5% between 2020 and 2021. Healthy growth projections remain constant for the forecast period of 2021-2031.

Water softening systems demand outlook remains positive, with the market size projected to expand at a robust 6.5% CAGR over the assessment period. Awareness regarding water quality and policies favoring the implementation of advanced technologies will create a conducive environment for growth.

 

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 Regional Analysis:

Water softening systems Marekt sales uptick is on card owing implementation of government-sponsored initiatives such as the expansion of smart cities and clean water initiative. Focus on the prevention of water contamination and ensuring availability of clean, soft water for all will remain a chief growth driver.

Geographically, the U.S., Canada, and the U.K. are considered to be key areas where water-related concerns are on a rise, which is encouraging market players to launch innovative and efficient water softening systems to curb the problem.

In addition to the residential sector, growth in application in healthcare, pharmaceuticals, food & beverage, and semiconductor industries are also driving demand for water softening systems.

Other countries such as India, China, and South Korea, which are witnessing growth in commercial and industrial sectors amid rapid urbanization, will emerge as attractive pockets for sale. Government-funded projects for public health, sanitization, and cleanliness are creating demand for water softening systems, thereby propelling sales.

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By Segment:

By Operation Type: 

·         Electric

·         Non-Electric

By Application Type:

·         Residential

o    Salt-based

o    Salt-free

·         Industrial

·         Commercial

By Design:

·         Mono Cylinder

·         Twin Cylinder

·         Multi-Cylinder

By Region: 

·         North America

·         Latin America

·         Eastern Europe

·         Western Europe

·         Asia Pacific excluding Japan

·         Japan

·         Middle East and Africa (MEA)

 

Competitive Analysis:

As per FMI’s analysis, the global water softening systems market is dynamic in nature, with significant developments among leading players with regards to product innovations to improve the efficacy of water softening systems.

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 Companies operating in the market are focusing on educating the masses about water quality in order to promote sales and community well-being. Additionally, product innovations, strategic collaborations, and manufacturing facility expansions are among other strategies employed by manufacturers. For instance:

·         In March 2021, Kinetico Incorporated, a leader in quality water systems, collaborated with Mike Holmes, a well-known professional builder, contractor, and television host to spread awareness regarding the importance and need for safer, better water in homes and commercial spaces.

·         In May 2021, Culligan International supported National Drinking Water month to educate consumers about their products and how water quality plays a critical role in health and well-being.

  • EcoWater Systems LLC
  • Culligan International Company
  • Kinetico Incorporated
  • Hydroflux
  • Envicare Technologies Pvt. Ltd.
  • Wychwood Water Systems Ltd.
  • Harvey Water Softeners Ltd.
  • Pelican Water Systems
  • BWT AG
  • Marlo Incorporated
  • Monarch Water Ltd.
  • Qingdao Haier Co., Ltd
  • Atlas Filtri
  • Watts Water Technologies Inc.
  • Feedwater Limited

 

Owing to growing concerns regarding excessive mineral volumes in drinking water, the residential sector is anticipated to experience ascending applications of water softening systems throughout the assessment period.

Prevalence of point-of-use (POU) water purifiers is acting as a challenge for water softening systems in the residential sector. However, gradually shifting concerns towards the importance of water softening systems will propel sales in the market.

 

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