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Vietnam Water Purifier Market to Grow at a CAGR of 828% By V

2022-03-10 01:14 未知 admin

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Technological advancements in commercial appliances are driving the growth of the Vietnam Water Purifier Market, in the forecast period, 2023-2027F. According to TechSci report on, VietnamWater Purifier Market-By Region, Competition Forecas...

Technological advancements in commercial appliances are driving the growth of the Vietnam Water Purifier Market, in the forecast period, 2023-2027F.

According to TechSci report on, VietnamWater Purifier Market-By Region, Competition Forecast & Opportunities, 2027Vietnam water purifier market is expected to grow at CAGR of 9.21% in value terms in the forecast period, 2023-2027, on account of increasing demand for clean and hygienic water and higher prevalence of water-borne diseases like cholera, diarrhea, typhoid, dysentery, hepatitis A. Consumption of contaminated water infects the people and thus the demand for water purifiers is rising. The population is becoming more inclined towards clean & safe water, owing to its health benefits. With increasing health awareness, the water purifier business is expected to boom in Vietnam in the coming years. Increasing pollution further deteriorates the water quality and supports the growth of the Vietnam water purifier market in the next five years. Surface water in Vietnam is worse and highly contaminated. Cleaning the surface water is more important since even administering the water in a water purifier requires a certain level of cleanliness in the water. Moreover, the pipeline system and water availability also influence the market growth. The countrys economic growth further plays a vital role in enhancing the growth of the consumer appliances industry. Vietnam has emerged as the production line hub of major mobile manufacturers. Increasing penetration from the global giants penetrating the market with innovative products is further aiding the growth of the Vietnam water purifier market in five years.

Although the higher cost of production and expenses for importing the products may demand higher investment, government aid and favorable import schemes would substantiate the growth of the Vietnam water purifier market in the forecast years through 2027.

Browse over 27 market data Figures and 1 Table spread through80 Pages and an in-depth TOC onVietnam Water Purifier Market

The Vietnam water purifier market is segmented based on type, technology, sales channel, region, and competitional landscape. Based on technology, the market is bifurcated into RO, UV, UF, media, and others like nanofiltration, etc. RO technology or reverse osmosis technology is anticipated to hold the largest revenue shares of the market and dominate the market segment in the upcoming five years on the ground of traditional usage of the technology to clean, filter, and purify the water. The technology uses a partially permeable membrane to allow the transfer of different component from one gradient to another based on permeability of the component and the filter screen. Basically, a partially permeable filter screen allows the passage of ions, minerals, and water molecules through but restricts the movements of impurities like microorganisms, and other larger chemical components. Through this method even the salt water can be converted into fresh drinkable water. But the system has a fault, that is restricts movement of certain larger mineral molecules and thus fresh water is drinkable but not healthy. Through technological advancements the market players are now launching nano filter. UV technology or ultraviolet rays technique is also utilized for an advanced version of water filter. The microorganisms present in the water are destroyed by ultraviolet rays while minerals and ions are still present in water, making it clean, hygienic, and nutritive too. The system is quite effective, however there is still room for improvement, which allows further advancement to remove dissolved impurities in the water like rust, pesticides, fluoride, arsenic etc.

A partial list of major market players of the Vietnam water purifier market includes

Carpa Vietnam Trading Joint Stock Company

Unilever Vietnam International Company Limited

Water Supply, Drainage and Environment Technology Construction Development Joint Stock Company (HTEC)

Customers can also request for 10% free customization on this report.

Vietnam water purifier market is anticipated to grow with impressive CAGR due to increasing demand for higher quality of drinking water. Economic growth of the country also plays vital role in market growth. Concerns towards health and environment has led the government to adapt to stringent regulations and certification system for the authenticity and efficiency of the product. Global market players in partnerships with the local manufacturers and suppliers have adapted to advanced technology and the production of innovative products to satisfy consumer demands. Nanofiltration is the latest technological developments in the Vietnam water purifier market, said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

Vietnam Water Purifier MarketBy Type (Under Sink, Counter Top, Faucet Mount & Others Tankless, Smart Purifiers, etc.), By Technology (RO, UF, UV, Media & Others Nanofiltration, etc.), By Sales Channel (Retail, Distributor, Direct, E-Commerce, Others Plumber, Contractor, etc.), By Region, Competition Forecast & Opportunities, 2027Fhas evaluated the future growth potential of Vietnam water purifier market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Vietnam water purifier market.

Vietnam Water Purifier Market By Type (Under Sink, Counter Top, Faucet Mount & Others Tankless, Smart Purifiers, etc.), By Technology (RO, UF, UV, Media & Others Nanofiltration, etc.), By Sales Channel (Retail, Distributor, Direct, E-Commerce, Others Plumber, Contractor, etc.), By Region, Competition Forecast & Opportunities, 2027F

Increasing presence of online retail channels for water purifiers to fuel the Vietnam water purifier market through 2027F.

Vietnam Water Purifier Market By Technology (Membrane, Media and UV), By Sales Channel (Direct and Indirect), Competition Forecast & Opportunities, 2011-2021

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TechSci Research is a research based management consulting firm providing decision making solutions to its customers worldwide, spanning a range of industries.