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The global colour cosmetics market  is predicted to grow at a 5% annual rate over the course of the forecast period, with sales likely to reach US$ 52.5 billion in 2022 and US$ 85.52 billion by 2032.

With the development of distribution channels and increasing use of social media, sales in colour cosmetics have increased significantly. Moreover, it is predicted that throughout the forecast period, increasing demand for cruelty-free cosmetics would drive sales of vegan colour cosmetics.

The increasing interest in eco-friendly cosmetics and the application of innovative technologies, such as artificial intelligence will be positive for the colour cosmetic market. AI is being used by leading colour cosmetic companies such as L’Oreal and others in order to improve the comparison and visualisation of hundreds of color variants.

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Besides this, key players are investing extensively in research activities to include organic and natural color cosmetics such as face and eye makeup products in their portfolio. This is expected to bode well for the market.

As per FMI, facial make-up segment is expected to remain dominant in the global color cosmetic market during the forecast period.

Key Takeaways from FMI’s Color Cosmetics Market Study

• Based on product type, natural & organic color cosmetic segment will account for nearly 49.9% of market share over the next five years.
• In terms of product category, sales in the eye makeup segment will total US$ 15 Bn by 2026
• In terms of price, premium color cosmetic segment is expected to account for over 60% of global market share
• China and South Korea are expected to spearhead the growth across East Asia color cosmetic market
• Supermarkets are expected to remain the preferred distribution channel in the color cosmetics market, however, sales via e-commerce are expected to pick up at a higher pace
• The U.S. is expected to dominate the North America color cosmetic market, with sales of color cosmetics across North America surging at 2% CAGR through the assessment period.

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Color Cosmetics Market by Category

Product Type:

• Chemical
• Natural & Organic

Distribution Channel:

• Hypermarket/ Supermarket
• Convenience Store
• Specialty Store
• Direct Selling
• e-Commerce

Price:

• Economic
• Premium

Product Category:

• Nail Products
• Facial Makeup
• Eye Makeup
• Lip Products
• Hair Colour Products
• Special Effects Products

Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• Asia Pacific excluding Japan
• Middle East & Africa
• Japan

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
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The cosmetic pencil and pen market is projected to be valued at US$ 2.8 billion in 2023 and grow to US$ 5.7 billion by 2033, with a 7.5% compound annual growth rate (CAGR) forecast to occur.

The research asserts that the attention towards developments and innovation will continue to be one of the important factors driving market growth in cosmetic pencil & pen.

According to the major findings of this report, global cosmetic pencil & pen market is projected to witness considerable growth over 2014-2025 because of a number driving factors including growing e-commerce industry and increasing demand for cosmetic product. The research reveals that the key players of cosmetic pencil & pen are adopting e-commerce channels for sales and promotion.

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The e-commerce industry is growing at a good pace and is expected to contribute to the increasing sales of cosmetic products, and simultaneously influence the emerging trends in the global cosmetic pencil and pen market during the forecast period. E-commerce provide small and local manufacturers a large platform to do business, which is expected to increase in market share by reaching new customers.

Consumers are attracted towards the buying process provided by the e-commerce industry, it speeds up the buying process and saves time. It also provides a comparative study about the product with reduced cost, and this will bolster online sales of cosmetic pencil & pens in the coming future.

Asia Pacific to Hold One-Third Revenue Share; Market Leaders to Expand Their Presence in the Region

The FMI study finds that China, South Korea and Japan are the leading exporter and importer of cosmetic product in the Asia Pacific region, and these countries cumulatively accounts for approximately 2/3rd of the total Asia Pacific cosmetic pencil & pen market. It is due to increase in per capita income of working women and increasing attention towards fashionable cosmetic product.

Europe is also expected to witness a positive outlook towards cosmetic pencil and pen in the forecast period followed by the Asia Pacific region. France and U.S. are the leading exporters in the global market. It is due to presence of key players in cosmetic pencil & pen manufacturing. Leading European cosmetic pencil & pen manufacturers are entering into potential market of Asia pacific, and more often in Southeast Asia.

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The tier 2 companies are also planning to expand their presence in the global market with increased production capacity with acquisition and mergers. Growing penetration of local manufacturers in their respective regions also fuels the cosmetic pencil & pen market. Furthermore, emerging economies of Latin America such as Mexico and Argentina are expected to have potential in the cosmetic pencil & pen market during the forecast period. All these factors will create demand for cosmetic pencil & pen in the coming years.

Cosmetic Pencil & Pen Market: Vendor Insights

• Leading cosmetic companies such as
• Intercos S.p.A,
• Swallowfield PLC,
• Schwan-STABILO
• Cosmetic GmbH & Co. KG and

HCT Group are focusing on developing innovative product and also focusing on expanding its geographical presence to sustain in the market. The companies providing various types of cosmetic pencil & pen with increase product offering help them to increase the revenue and sales of the company.

Some of the other key players in the global cosmetic pencil & pen market are

• Alkos Cosmetiques SAS,
• Oxygen Development LLC,
• JOVI S.A,
• A.W. Faber-Castell Cosmetics GmbH,
• Confalonieri Matite S.R.L,
• Columbia Cosmetics Manufacturing Inc,
• Eugeng International Trade Co., Ltd.,
• Quadpack Spain SL,
• Ningbo Beautiful Daily Cosmetic Packaging Co., Ltd.,
• The Packaging Company, and
• Alovey Cosmetic Packaging Co.,Ltd.

Key Segments Covered in Cosmetic Pencil & Pen Industry Research

By Material :

• Plastic
• Wood
• Metal

By Product Type :

• Sharpenable Wooden Pencils
• Sharpenable Molded Pencils
• Mechanical Pencils

By Application :

• Eye
  • Eyeliner & Kajal
  • Eye Shadow
  • Eye Brow
  • Mascara
• Lip
  • Lip Liners
  • Lipsticks
  • Lip Gloss
• Clean-up Pencils
• Concealer Pencils
• Cheek Balms
• Sculpting Pencils
• Skin Glossing Pencils

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The demand in the South America Residential Water Treatment Equipment Market will multiply at a CAGR of 9.2% during the forecast period of 2016 to 2026. In 2016, the total opportunities in this market translated into a revenue of US$330.0 million.

The driving factors of the residential water treatment equipment market include increasing awareness about pollution to environment, devastating consequences of hard water consumption, concerns related to diseases caused by contaminated waters and so on rising demand for smart purifiers via online sources as well as need more additional POE or POU treatments in order collect treated recycled wastes.

However, increasing investments in energy-efficient and advanced water treatment technologies smart metering and data analysis, providing product certification for specific products number of government – private partnerships recent technological innovations to the process.

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On the other hand, lack of awareness among consumers, cost of equipment, installation, and periodic services, and aging infrastructure are a few obstructions hindering the prosperity of the market.

The analysts of the report have detected that Brazil is the most lucrative country for the vendors operating in the South America residential water treatment equipment market, projecting the demand from the 200-plus million strong nation to increment at a CAGR of 8.7%, producing a revenue of more than US$475 mn by 2026.

In 2015, volume-wise, the Brazil residential water treatment equipment market produced a demand for 345 thousand units, and the FMI report has estimated the number to escalate up to 875 thousand units by 2026, gaining traction from growing awareness regarding the need and availability of products among the urban consumers. Most of the sales are being report from online portals and retail stores, while direct marketing methods are not generating enough leads.

The Brazil residential water treatment equipment market is driven by favorable government policies to counter radically escalating water contamination concerns in the states of Rio de Janeiro, Espírito Santo, São Paulo, and Minas Gerais. These states have had tremendous industrialization in the recent past, which is leading to greater demand for water purifiers.

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The competitive landscape of the South America residential water treatment equipment market is split wide open for product differentiation. There is a strong need for the introduction of new and innovative products in the regional market and the players are now increasing concentrating on UV and gravity or media based purifiers, as these products meet the aesthetics norms.

Some of the prominent companies in the South America residential water treatment equipment market, such as LG, Forbes Lux Group, Philips, and Panasonic are innovating and promoting UV purifiers and are expected to maintain their stronghold throughout the forecast period.

Based on equipment, the FMI report segments the South America residential water treatment equipment market into osmosis equipment, UV equipment, gravity or media equipment, faucet filter, and other filters.

Segmentation of Residential Water Treatment Equipment Market in South America

According to the taxonomy provided in the report, the residential water treatment equipment market in South America has three major segments includes, filtration devices, purification devices and regions.

On the basis of filtration devices, the market has faucet filters and others sub-segments. The other sub-segment includes filter water bottle, solar ball and water pitcher. Purification devices segments comprises of three segments, such as reverse osmosis, ultra violet and gravity media. Based on geography, the residential water treatment equipment market in South America has expanded among six major countries, namely, Argentina, Peru, Chile, Brazil, Venezuela and rest of South Africa.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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In 2022, the Middle East Flooring and Carpet market was estimated to be worth US$ 9,432.1 million. The sector is projected to be valued at US$ 10,169.2 million by the end of 2023. Sales of carpet and flooring products in the Middle East are anticipated to increase at a 7.8% CAGR during the projection period, reaching US$ 21,521.3 million by 2033.

The study plunges deep into the darkest corners of Middle Eastern markets and provides some really important statistics that are closely related to genetic behaviour in market. In the projected year, as per the analysis made by them, there would be an enormous growth in Middle Eastern flooring and carpet industry.

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Weavers originated in this part of the world. There are some of the most well-known magicians in some parts of the world. The flooring and carpet market in the Middle East is booming and offers a wide range of goods. The area of the world is slowly becoming one of the main tourist destinations, and the real estate market in this area is booming.

The report delves deep into the darkest corners of the markets spread across the Middle East and tables some very crucial and futuristic data which are close-knitted with the genetic behaviour of the market. The report says that the Middle East flooring and carpet market will grow manifold within the forecast period. Within the assessment period the market will shine and rise it will record more than 5% CAGR.

This region of the globe is a cradle of weavers. Some of the best-known hands who can weave magic are available in part of the world. A plethora of products is available in this expanding middle-east flooring and carpet market. The portion of the world is steadily rising as one of the major tourism hubs also the real estate segment of this region is on fire.

The economy is thriving and basking with a wave new investment. This entire economic resurgence is pushing ahead the width of the middle-east flooring and carpet market. The market exports some of the best quality, artificial grass, carpets, rugs, variety of laminated floorings and carpet titles to different parts of the world. The demand of these of niche products are maximum in different parts of the globe and as per this market analysis, the demand for these luxury products will surge in the coming few years. As per the report, the middle-east flooring and carpet market will cater commercial as well as the domestic customers.

The market is extremely challenging as most of the customers of this segment do have an eye for details and they are eager to shell out some extra bucks to get the best possible products from the market. To cope up with this new breed of customers the manufacturers are polishing their skills and tabling custom made products to stay afloat in this competitive market. Lucrative discounts, advanced 3D technology is introduced in the market to enhance the customer outreach.

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The major stakeholders of the market are steadily revamping their manufacturing policies to meet the elevated environment-friendly standards issued by the government.  As per the application type, the market is fragmented into commercial, residential offices, hospital and healthcare, industrial application, automotive and retail. Several raw materials are used in this market and they are Polypropylene, polyester, other materials and nylon. The rise of the new luxury conscious customers, expanding the economy of the region and expanding demand for these products in educational institutes, hospitals and hospitality will drive the market forward in within the assessment period predicts the report.

Segment Analysis

• The nylon section will dominate more than 40% of the market share until the end of 2016 apart from this the other material segment of the market will also contribute significantly to the growth of the Middle East flooring and carpet market
• The residential segment will push the market ahead in 2016. The automotive application and hospitality segment will also show positive results in the assessment period

Regional Analysis

Qatar and Kuwait will be significant contributors to the growth of the Middle East flooring and carpet market. As Qatar will be the hosting mega football event in the year 2022, thus it will affect the market periphery of the flooring and carpet. Apart from this other country of this region such as UAE, Egypt, Iran, Kuwait, Bahrain, Oman and Turkey will also showcase good development in the market.

Vendor Insights

Some of the prime players who are operating in this segment are Cerner Corporation, Care Fusion Corporation, Kirby Lester LLC, Swisslog Holdings AG etc.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The market for selective laser sintering (SLS) equipment is expected to be worth US$765 million in 2023. The market is developing as a result of increased demand for selective laser sintering 3D printing technology in a variety of industries. As a result, FMI predicts that the market’s sales will reach US$ 4.2 billion by 2033, representing an amazing CAGR of 18.6%.
SSLS 3D printing technology is capable of producing complex and customized products with unparalleled accuracy and precision. The demand for customized and complex parts is increasing across various industries. More effective and affordable SLS equipment has been developed as a result of the ongoing developments in additive manufacturing. SLS equipment is also deployed to produce medical implants and prosthetics. These factors are driving the SLS equipment market growth.

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SLS technology is a sustainable and eco-friendly manufacturing process. Given the increasing focus on sustainability in various industries, this technology is gaining popularity. SLS equipment is also utilized for the production of functional parts, rather than just prototyping. Metal-based SLS printing is gaining popularity for high-performance applications. This type of SLS equipment has the ability to produce parts with high strength and durability.

The high initial investment required for setting up SLS equipment could be a barrier for small and medium-sized enterprises. The limited availability of raw materials for SLS printing could result in supply chain disruptions. Moreover, there is a shortage of skilled workforce with expertise in SLS equipment. These factors could affect the adoption of SLS 3D printers.

The market is projected to witness several growth prospects. The development of new and innovative SLS materials is likely to expand the SLS equipment applications in various industries. The integration of SLS technology with Industry 4.0 technologies is also expected to improve production efficiency and enable smart manufacturing. Furthermore, the education and research sectors are anticipated to witness a growing demand for SLS equipment for research and development.

Key Takeaways From the Selective Laser Sintering Equipment Market Study:
• The SLS equipment market in the United Kingdom is anticipated to rise profitably, exhibiting a CAGR of 17.6% through 2033.
• The market in the United States is expected to upsurge at 17.3% CAGR during the forecast period.

• With a CAGR of 17.9% over the forecast period, the market in Japan is predicted to develop rapidly.
• The market in China is expected to proliferate significantly, registering a CAGR of 19.6% from 2023 to 2033.
• South Korea is estimated to grow considerably registering a CAGR of 19% until 2033.

Competitive Landscape
Selective laser sintering equipment market players are investing in research and development to improve the efficiency of SLS equipment. They are also expanding their product portfolios and global footprint through strategic partnerships and acquisitions. They are also focusing on offering customized solutions to meet specific customer requirements. Since the demand for 3D printing is increasing in various industries, they are offering cost-effective and innovative solutions to attain a competitive edge.

Recent Developments
• In order to improve the development of materials for additive manufacturing, 3D Systems, and EMS GRILTECH announced their strategic alliance in June 2022. Both businesses are going to introduce a brand-new nylon copolymer called DuraForm PAx Natural, which can be utilized with any SLS printer on the market.
• Prodways Tech introduced the ProMaker P1000 S, a new industrial SLS 3D printer. The ProMaker P1000 S 3D printer, which is based on Selective Laser Sintering technology (SLS®), offers inexpensive series manufacturing while addressing the demands of industrial production.

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Selective Laser Sintering Equipment Market Segmentation
By Laser Type:
• Solid Laser
• Gas Laser

By Material:
• Metal
• Nylon

By Application:
• Tooling
• Heavy Equipment & Machinery
• Robotics

By Industry:
• Automotive
• Aerospace & Aeronautics
• Consumer Goods
• Machinery & Equipment
• Art and Fashion
• Medical Devices
• Others

By Region:
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa(MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:

Nandini Singh Sawlani

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The Europe & Asia Pacific herbal beauty products market will register a CAGR of 3.7% during the forecast period due to various factors, on which FMI offers vital insights in detail.

However, the consumer demand for clean label beauty care products is rapidly evolving with rising awareness of herbal and natural ingredients. Consumers are turning towards greener products due to the presence of harmful chemicals in synthetic cosmetic products that have been proved to cause many negative consequences. Additionally, consumers are now more aware of the advantages that herbal products provide due to promotional activities on social media sites and other forms of advertisements.

Herbal skin care products enhance texture, tone and appearance of the skin as they contain several key nutrients that enrich overall health. The development of new products in the herbal and natural personal care products market is driven by increased consumer demand for environmentally friendly personal grooming items. Manufacturers are constantly introducing herbal personal care products with curative properties and long-term effects that ensure meeting the existing consumer needs, leading to increasing customer base.

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Segmentation analysis

• On the basis of end-use, the Europe & Asia Pacific herbal beauty products market is segmented into male and female. Female segment is estimated to account for the largest share by 2016 end. Male segment is expected to account for substantial growth over the forecast period. Increasing inclination of male consumers towards personal grooming and outward appearance among is expected to support growth of the male segment over the forecast period.

• Europe & Asia Pacific herbal beauty products market is also segmented on the basis of distribution channel which includes supermarket, specialty stores, departmental stores, drugstores, online/direct selling, and beauty salons. Among all these segments, supermarket segment is expected to account for relatively higher value share during the forecast period. Specialty stores segment has been estimated to occupy the second largest share accounting for 21.1% value share in 2015.

• As far as the types of herbal beauty products are concerned, Europe & Asia Pacific herbal beauty products market is segmented into skin care, hair care, oral care, and fragrance. Among all these segments, skin care type segment has been estimated to represent 45.7% value share in 2016 and expected to remain dominant over the forecast period.
• Increasing acne issues owing to increasing humidity and pollution levels is expected to drive growth of the skin care type segment in the market during the forecast period. Skin care segment is sub-segmented into cream & lotion, cleanser & toner, facewash & scrub and others. Among these sub-segments, cream and lotion is expected to account for major value share over the forecast period.

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• Hair care segment is expected to occupy second largest position on the pie in terms of revenue contribution. The Hair care segment is sub-segmented into powder, hair oil, conditioner, shampoo, and others. The Oral care segment is likely to represent substantial growth over the forecast period. The segment is projected to represent 3.1% CAGR in terms of value growth by 2026 end.

Regional analysis

This report discusses trends driving growth of each segment and offers analysis and insights of the potential of the Europe & Asia Pacific herbal beauty products market in specific region including Asia Pacific (APAC) and Europe. Markets in APAC are expected to record high growth rates in terms of value between 2016 and 2026. Japan has been estimated to be the largest consumer of herbal beauty products followed by China in 2015 across the APAC region.

Vendor insights

This report covers detailed profiles of key players in Europe & Asia Pacific herbal beauty products market, which includes key strategies, key developments, product offerings and others. Key companies profiled in this report are Bio Veda Action Research Co., VLCC Personal Care Ltd., Surya Brasil, Dabur India Ltd., Himalaya Global Holdings Ltd., Lotus Herbals, Hemas Holdings Plc, Sheahnaz Herbals Inc., and Herballife International of America Inc.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
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The residential water treatment devices market is anticipated to reach US$ 23,721 million by 2033, from a projected valuation of US$ 14,220.6 million in 2023.

Growing Internet of Things and Advanced Technologies Fuel the Market Growth

The growing innovation in the market has made using highly advanced devices easier. The growing technologies in residential water treatment devices include robotics, wireless connectivity, and automatic monitoring. These technologies are developing more smart and accurate devices that enhance work quality and fuel market growth.

The internet connectivity, Bluetooth sensor, and real-time monitoring alert consumers to detect issues and other related things. These water purification devices help to resolve water problems and reduce chlorine water, preventing health issues. The rising contaminated water supplies in colonies, apartments, and houses are increasing the adoption of residential water treatment devices.

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The key companies are installing water purification treatment devices at home easily. These advanced technical devices remove contaminants and ultraviolet light and make water safe to consume. Due to the rising concern about water quality, adopting these devices is expanding the market. The government is also focused on providing safe, clean, and pure water by implementing various global regulations.

Key Takeaways: 

• The residential water treatment devices market is securing a CAGR of 5.2% with a valuation of US$ 23,721.0 million by 2033.
• Historically, the market was valued at US$ 11,794.2 million in 2018.
• The United States is leading the global market by securing a maximum share of 18% during the forecast period.

Key Player’s Strategies Bring Lucrative Opportunities in the Market

The key players play a vital role in the global market by adopting several marketing strategies to bring lucrative opportunities. These strategies in the residential water treatment devices market include:

• Innovation: Key players innovating their products a stay ahead of their competitors in the market. They focus on consumers’ needs and implement their product accordingly with a better version.
• Increased Investment: Key marketers invest a lot in research and development to develop advanced products with better technologies. These players are providing high-quality residential water treatment devices to attract consumers.
• Expand Reach: The key players are trying to reach their relevant audience to increase sales. They are increasing their brand awareness through social media, content strategies, and other online platforms.
• Focus on Cost Optimization: The key players are providing their consumers with better quality products at affordable prices. It can increase profitability with the rising demand for residential water treatment devices.

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These are a few strategies helping to expand the market opportunities in the coming period.

Recent Developments in the Global Market are:

• In 2021, Pentair plc launched its Everpure H-300-NXT product for water purification. It helps to reduce harmful bacteria, including mercury and contaminated water.
• In 2021, Culligan International Company announced its new launch application to monitor harmful water through smartphones.
• In 2021, 3M announced its new product Aqua-Pure AP-DW80/90 to improve water quality for drinking and reduce contaminants, including cysts.
• In 2021, Honeywell International Inc launched a freeze Detector to identify leakages in the water purifying the system.
• In 2021, Whirlpool Corporation announced the newly launched EveryDrop for water purification.

Residential Water Treatment Devices Market by Category

By Product:

• Distillation Units
• Water Filters

Price Range:

• Economy
• Mid-Range
• Premium

Installation Type:

• Point of Use
• Point of Entry

Sales Channel:

• Hypermarkets/Supermarket
• Convenience Stores
• Specialty Stores

Region:

• North America
• Europe
• Latin America
• Asia Pacific
• Middle East Africa

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:      

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube