April 14, 2022 04:53 ET | Source: Research and Markets Research and Markets
Dublin, April 14, 2022 (GLOBE NEWSWIRE) -- The "Water Softener Market - Global Outlook & Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering. The global water softeners market would realize an absolute growth of 63% in terms of revenue in the period between 2021-2027
The rising demand for water treatment in countries such as China, India, and Singapore is expected to propel the demand for water softeners during the forecast period. As we advance, factors like urbanization, pollution, industrialization, population growth, and demography are expected to shape the demand for water softeners in households.
Salt-based segment accounted for majority share of the global water softeners market in 2021 and is expected to grow with an 8.30% CAGR during the forecast period in terms of revenue.
By application, residential segment dominated the global water softeners market with a revenue share of 40.12% in 2021 and is expected to grow with a CAGR of 9.12% by the end of 2027.
The North America dominates the overall water softeners market with a share of 38.24% in 2021 in terms of revenue. The growth of this market in North America is mainly supported by the robust demand generated by food & beverages, offices, residential flats, pharmaceutical, universities, and water treatment facilities.
The key vendors in the water softener market are Culligan, Pentair, 3M, A.O. Smith, and GE Appliances.
There has been an increase in the number of mergers and acquisitions in the market. For instance, In 2021, A.O. Smith acquired Master Water Conditioning Corporation, and in 2019, Culligan acquired AquaVenture Holdings.
Key Topics Covered: 1 Research Methodology 2 Research Objectives 3 Research Process 4 Scope & Coverage 4.1 Market Definition 4.2 Base Year 4.3 Scope of the Study 4.4 Market Segmentation 5 Report Assumptions & Caveats 5.1 Key Caveats 5.2 Currency Conversion 5.3 Market Derivation 6 Market at a Glance 7 Introduction 7.1 Overview 7.2 Pricing 7.3 Value Chain Analysis 7.4 Impact of Covid-19 8 Market Opportunities & Trends 8.1 Growing Hospitality Industry 8.2 Consumer Awareness of Water Quality and Taste 8.3 Focus on Preventive Maintenance 8.4 Smart Water Softeners 9 Market Growth Enablers 9.1 Effects of Hardwater on Plumbing and Appliances 9.2 Increasing Disposable Income 9.3 Growing Laundry Market 9.4 Growing Ro Market to Benefit Water Softeners 10 Market Restraints 10.1 High Investment & Maintenance Costs 10.2 Environmental Impact of Water Softener 11 Market Landscape 11.1 Market Size & Forecast 11.2 Five Forces Analysis 12 Product 12.1 Market Snapshot & Growth Engine 12.2 Market Overview 12.3 Salt-Based 12.4 Salt-Free 13 Grain Capacity 13.1 Market Snapshot & Growth Engine 13.2 Market Overview 13.3 Up to 32,000 Grain 13.4 32,000-64,000 Grain 13.5 64,000 and Above Grain 14 Application 14.1 Market Snapshot & Growth Engine 14.2 Market Overview 14.3 Residential 14.4 Commercial 14.5 Industrial 15 Distribution Channel 15.1 Market Snapshot & Growth Engine 15.2 Market Overview 15.3 Offline 15.4 Online 16 Geography 16.1 Market Snapshot & Growth Engine 16.2 Geographic Overview
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