Saudi Arabia Water Purifiers Market to Witness 5% CAGR Through 2020, Says TechSci Research
Jun 22, 2015, 11:00 ET
BURNABY, Canada, June 22, 2015 /PRNewswire/ --
Deteriorating water quality, depleting natural water resources and growing health awareness to drive water purifiers market in Saudi Arabia
According to a recently published TechSci Research report "Saudi Arabia Water Purifiers Market Forecast & Opportunities, 2020", water purifiers market in Saudi Arabia is anticipated to grow at a CAGR of over 5% during 2015-20. The Kingdom of Saudi Arabia is a desert country with no permanent rivers or lakes and the region experiences very low annual rainfall. Desertification and depletion of underground water resources have contributed to the development of extensive seawater desalination facilities for making sea water drinkable. In Saudi Arabia, majority of groundwater aquifers present in the central and eastern parts are extremely saline andthe water extracted needs to be desalinated before human consumption. Inhabitants of the Kingdom majorly depend on municipal water, bottled water and well water. Additionally, contaminated municipal water supplies are believed to be major transmitter of disease causing bacterial genes such as lacZ, uidA and E. coli, due to which households cannot consume that water without purifying.
Water purifiers market in the Kingdom of Saudi Arabia is segmented into UV, RO and gravity/offline water purifiers. On account of unpotable water being supplied by the municipalities, higher water TDS levels and increasing disposable income of consumers, inclination of consumers towards adoption of water purifiers is rising. During the forecast period, RO water purifiers are estimated to register the highest value growth. Gravity water purifiers hold the second largest share in the Saudi Arabian water purifiers market, having gained grounds over the years on account of benefits such as low cost and easy maintenance.
"The Kingdom of Saudi Arabia is experiencing water hardness and contamination issues, thereby pushing the sales of water purifiers in the country. The central region accounted for majority of the water purifier sales, followed by the eastern region. The major sources of water pollution in Saudi Arabia include unchecked industrial discharge by clay and glass industry, chemical industry, food industry and metal industry. The desalination industry in Saudi Arabia is impacting the marine ecosystems owing to the thermal pollution and elevated levels of salt and chlorine in return waters. Also, desalinated water being the major source of water supplied in urban areas becomes contaminated due to corrosion and leaching of chemicals from PVC pipes during transportation from the desalination plant to the house reservoirs or water tanks All these factor would continue to boost water purifier sales in the country over the next five years", said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
"Saudi Arabia Water Purifiers Market Forecast & Opportunities, 2020" has evaluated the future growth potential of Saudi Arabia water purifiers market and provides statistics and information on market structure, industry behaviour and trends. The report includes water purifier market projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers to take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with major drivers, challenges and opportunities in the Saudi Arabia water purifiers market.
About TechSci Research
TechSci Research is a global market research and consulting company with offices in Canada, UK and India. TechSci Research provides market research consulting services in six verticals - Information Technology, Chemicals, Water & Water Recycling, Consumer Goods & Retail, Automotive and Energy & Power. The company uses proprietary innovative business model that focuses on improved productivity that also ensure the creation of high-quality reports. With more than 100 client engagements with fortune 500 clients, TechSci Research enjoys the status of a premium market research services provider in the industry.
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