North America Household Water Treatment System Market Size, Trends, Outlook, Key Players, Share, Size and Forecast 2031

Report Ocean has recently published a comprehensive report titled “Global North America Household Water Treatment System Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2023-2031,” providing a detailed overview of the market. The report covers growth factors, recent trends, developments, opportunities, and the competitive landscape. Market analysts and researchers have conducted extensive analysis using methodologies like PESTLE and Porter’s Five Forces analysis. They have delivered accurate market data and valuable recommendations to help players gain insights into the present and future market scenario. The report includes an in-depth study of potential segments, including product type, application, and end-user, and their contributions to the overall market size.

North America Household Water Treatment System Market Flourishing Projected to Reach Worth USD 6,559.4 Million by 2027

North America household water treatment market is anticipated to flourish due to the rising demand for household water treatment systems as a result of increasing water pollution and population influx in urban areas

Download Free Sample of This Strategic Report: https://reportocean.com/industry-verticals/sample-request?report_id=MR360

A recent study by the strategic consulting and market research firm Report Ocean revealed that the North America household water treatment systems market was worth USD 4,547.1 million in 2021. The market is further anticipated to reach USD 6,559.4 million in 2027 with a significant CAGR of 6.8% during the forecast period, i.e., 2022-2027. The North America household water treatment system market is primarily supported by the rapid growth in the residential sector. Throughout the United States, household water treatment systems are used to treat water in houses. Home water supply systems obtain water from a treatment plant and make it available it to all appliances and (fixtures).

Government Initiatives For Subsidizing Water Treatment Systems Bolstering The Growth Of The Market

As reported by the United States Environmental Protection Agency (EPA), the US government has started focusing on the challenges rural communities in the United States face when it comes to clean drinking water. EPA announced in October 2021 that the agency will sanction a grant worth USD 21.7 million to provide training and technical assistance to rural communities across the United States that require small drinking water treatment systems. The funding is expected to enhance public health by providing communities with safer drinking water and ensuring wastewater is treated properly. The allocations in the United States and Canada are creating a growing focus on the development of Water Treatment Systems that will help vulnerable communities get access to clean water that is free from any contaminants, further boosting the demand for household water treatment systems.

Higher Equipment, Maintenance & Installation Costs Anticipated to Impede Market Growth

Although water filters and treatment systems may provide greater access to safe drinking water, they do come with a higher cost. The average cost of a water treatment system is around USD 2000, which includes installation, labor, and other costs. According to the study conducted byReport Ocean such higher costs may not appear high for financial fit societies across the North America. Water supply systems that provide extensive water supply for the whole house (point of entry) may cost around USD 9000. Additionally, the maintenance costs of the water filtration and treatment systems installed at home can range from USD 200 to USD 800. While these systems have a good lifespan, they may require frequent membrane replacements, filter replacements, and accompanying labor costs in areas where groundwater contamination occurs, therefore proving less useful than government-provided tap water.

Impact of COVID-19 on the North America Household Water Treatment System Market

COVID-19 has moderately affected the adoption of water treatment systems across the North America.. Due to the lockdown restrictions, consumers had to suffer some financial loss, disrupting their budgeting plans, which negatively affected the demand for water treatment systems to be installed in the households. However, the positive impact registered was the growth and exposure of clean water technologies across North America. Amidst COVID-19, several firms had to reduce their production and water usage due to supply chain disruptions and economic volatility, significantly impacting the commercial market for point of entry water treatment systems. Furthermore, due to the prevailing condition of COVID-19, many players are opting for online sales channels. In the second wave of pandemic, the bottled water delivery system was slightly impacted due to the concern of disease transmission. People across the globe, including North America, shift from bottled water delivery systems to water treatment systems for contactless water treatment in the household, which propelled the demand for household water treatment systems across North America.

Request To Download Sample of This Strategic Report:- https://reportocean.com/industry-verticals/sample-request?report_id=MR360

Whole House Sediment Water Filter Accounted For Lucrative Market Share in the North America Household Water Treatment System Market

Based on products, the North America household water treatment system market is segmented into Countertop Reverse Osmosis Water Filter System, Ultra-Filtration Under Sink Water Filter System, Faucet Water Filtration System, Water Filter Pitcher, Refrigerator-Water-Filter-Replacement, Pool & Spa Filter Cartridge, and Whole House Sediment Water Filter. Among these, the whole house sediment water filter segment accounted for the largest share in 2021, followed by the countertop reverse osmosis water filter system segment, which held a lucrative market share in 2021. Counter-top filtration systems are becoming increasingly popular due to their ease of use, maintenance, and installation. Furthermore, these devices reduce contaminants such as bacteria, dirt, chlorine, particulates, rust, lead, mercury, silt, copper, benzene, cadmium, and cysts present in water.

The United States Dominates the North America Household Water Treatment System Market

North America household water treatment system market is segmented into the United States, Canada, and Mexico based on country. The United States accounted for the largest share in the market in 2021 and is expected to grow at a significant CAGR during the forecast period. Followed by the United States, Canada is anticipated to grow at a higher CAGR during the forecast period. The residential sector in Canada is thriving due to Canada’s emerging economy. In Canada, residential real estate transactions totaled 486,800 in 2019, a 6.2% increase from a five-year low in 2018. The figure reflects increasing activity in Ontario and Quebec, where activity climbed by 9% and 11%, respectively. Home sales in the Greater Toronto Area (GTA) reached the second-highest level on record for October in 2021.

By Product (Countertop Reverse Osmosis Water Filter System, Ultra-Filtration Under Sink Water Filter System, Faucet Water Filtration System, Water Filter Pitcher, Refrigerator-Water-Filter-Replacement, Pool & Spa Filter Cartridge, And Whole House Sediment Water Filter),

By Sales (Online, Retail (Specialty Retail Store, Convenience Stores, Supermarket/Hypermarket And Others) Distributor),

By Region (United States, Canada, Mexico)

The key players in the industry are Waterdrop, APEC Water Systems Culligan, Geekpure, Express Water Aqua Tru, Brondell, Max Water, Aquasana (AO Smith Corporation), 3M, Vitapur, Dupont, iSpring, and other prominent players. In response to rising environmental concerns, key players and brands have begun investing heavily in smart filtration technology that helps remove particles more efficiently while reducing water discharge.

You Can Browse The Sample Report here:- https://reportocean.com/industry-verticals/sample-request?report_id=MR360

Key questions answered in the Market are:

What is the consumer buying behaviors and preferences in the market?

What are the key success factors and critical considerations for market entry or expansion?

What are the potential risks and challenges for market participants?

What are the investment opportunities and potential returns in the market?

What are the market segmentation strategies and target market identification?

What are the marketing and advertising strategies employed by successful market players?

What are the market entry barriers and competitive intensity?

What are the market forecasts and projections for the future?

What are the recommended strategies for market participants to achieve success?

Request full Report– https://reportocean.com/industry-verticals/sample-request?report_id=MR360

About Report Ocean:We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today’s competitive environment. Report Ocean is a ‘one-stop solution’ for individuals, organizations, and industries that are looking for innovative market research reports.

Get in Touch with Us:Report Ocean:Email:[email protected]: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611 – UNITED STATESTel:+1 888 212 3539 (US – TOLL FREE)Website:https://www.reportocean.com