Philippines Gravity Based Water Purifier Market Key Players, Revenue, Growth and Share, Size, Demand, Business Opportunities, and Future Forecast Till 2033: SPER Market Research
A non-electric water purifier that uses activated carbon for chemical-free water filtration is known as a gravity-based water purifier. Its ultra-filtration system works and it has many advantages, including affordability and ease of use. Moreover, a gravity-based water purifier eliminates contaminants and turbidity, is energy-efficient, and is portable, making the water fit for human consumption. Because of these advantages, it is extensively used in the Philippines’ commercial, industrial, and residential domains.
According to SPER Market Research, ‘Philippines Gravity Based Water Purifier Market Size- By Product Type, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ states that the Philippines Gravity Based Water Purifier Market is estimated to reach USD 0.28 billion by 2033 with a CAGR of 17.64%.
Drivers:
The primary drivers of the rising demand for gravity-based water purifiers in the Philippines are rising consumer awareness of the need for clean drinking water and health concerns. Furthermore, the region’s need for gravity-based water purifiers has grown as a result of the rotavirus, cholera, hepatitis A, diarrhoea, and other water-borne illnesses, as well as the region’s deteriorating drinking water supplies. Additionally, the growing popularity of gravity-based water filtering technology—which is extremely efficient and requires no electricity—has contributed to the market’s rise. In addition, the government’s stringent enforcement of laws highlighting the importance of clean drinking water is driving up product sales in the area.
Restraints:
The availability of substitute water purification options is one of the main factors impeding the growth of the Philippines gravity-based water purifier market. There may be less apparent need for household-level water purifiers in some areas since consumers may have access to centralised water purification systems or municipal water treatment facilities.
The persistent belief that boiling water is an adequate and economical purification process is another major barrier. Boiling water can eliminate a variety of dangerous germs and pathogens, but it is ineffective against other pollutants such heavy metals, chemicals, or sediments. This idea could deter some customers from purchasing gravity-based water purifiers, which would restrict the market’s expansion.
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Impact of COVID-19 on Philippines Gravity-Based Water Purifier Market
The significance of clean and safe drinking water has been emphasised even more by the COVID-19 pandemic. Demand for gravity-based water purifiers surged during the epidemic as people looked for dependable ways to sanitise their tap water at home. In response, the market released small and lightweight purifiers to meet the needs of families and individuals during evacuations and restricted mobility.
Philippines Gravity-Based Water Purifier Market Key Players:
Metro Manila and other urban areas have greater adoption rates due to increased awareness and infrastructure. However, there is an increasing demand for these purifiers in rural areas where access to clean water is a major concern. Major market participants include E A.O Smith, Amway, Culligan, Kent RO Systems, Toray, Unilever PLC, and others.
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Philippines Gravity-Based Water Purifier Market Growth
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