Discover The Residential Water Treatment Equipment Market To Represent A Significant Expansion At 9.3% CAGR By 2026
Verfasser: yogesh on Friday, 7 December 2018Governments, municipal authorities and civic bodies across Southeast Asian countries will remain determined towards supply of potable & highly-filtered drinking water to millions of households residing in this region. In the years to come, Southeast Asia will witness higher spending on purifying the water used for residential purposes, which will necessitate the need for adopting best-in-class water treatment equipment. Surging population in Southeast Asian countries will hike their per capita water consumption and further boost the sales of residential water treatment equipment. Persistence Market Research has recently published its analytical study on Southeast Asia’s residential water treatment equipment market which projects a robust growth in terms of revenue and volumes. The US$ 350 million market for residential water treatment equipment in Southeast Asia is being anticipated to soar at 8.3% CAGR and reach US$ 787.1 million market value by the end of 2026.
In the report, titled “Residential Water Treatment Equipment Market: Southeast Asia Industry Analysis & Forecast, 2016-2026,” Persistence Market Research approximates that nearly six million units of residential water treatment equipment were sold across Southeast Asia in 2016. Soaring at an expected 9.3% CAGR, more than 15 million units of residential water treatment equipment will be consumed in the region by end of 2026.
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