PointofUse Water Treatment Systems Market 2024
23/04/2024 Technology
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Description
Overview and Scope
The point-of-use water treatment systems refer to an approach that involves the installation of a water treatment device on a single faucet for the purpose of eliminating contaminants in drinking water. POU devices are widely used in households to improve water quality. These devices are also installed by private well owners or public water suppliers to meet drinking water quality standards.
Sizing and Forecast
The point-of-use water treatment systems market size has grown rapidly in recent years. It will grow from $18.54 billion in 2023 to $20.7 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to increasing water contamination concerns, rising health consciousness, stringent regulations, urbanization and infrastructure challenges.
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