According to the report, the global water softener market was valued at approximately USD 2.2 billion in 2018 and is expected to generate USD 3.4 billion by 2025, at a CAGR of around 7.1% between 2019 and 2025.
Huge data and information of this Water Softeners report has been collected from a multiple trustworthy sources such as journals, websites, white papers, annual reports of the companies, and mergers. This Water Softeners market report works on all the aspects of market that are required to create the finest and top-notch market research report. The report makes use of an excellent research methodology which focuses on market share analysis and key trend analysis. It estimates CAGR values in percentages which designate the rise or fall occurring in the market for particular product for the specific forecast period. The insights provided in this Water Softeners market research report are based upon SWOT analysis on which businesses can rely confidently.
Global Water Softeners Market is expected to rise from its initial estimated value of USD 2.23 billion in 2018 to an estimated value of USD 3.80 billion by 2026, registering a CAGR of 6.86% in the forecast period of 2019-2026. This rise in market value can be attributed to the advancements and innovations in technology resulting in innovative product launches.
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Market Definition: Global Water Softeners Market
Water softeners are consumer goods that are used to purify and soften the hard water. It usually involves the removal of calcium, magnesium and various other cations from the hard water. This results in added benefits such as requirement of less soap in cleaning with this enhanced water, as well as enhanced lifetime period of plumbing pipes & fittings. This process is generally achieved through nano-filtration or reverse osmosis technology embedded in the water softeners.
- Increasing adoption of the products in various industrial verticals as they promote the durability and enhance the operational life of equipments in these industries; this factor is expected to drive the growth of the market
- Growth in awareness regarding the effects hard water has on the health of the individuals is expected to drive the market growth
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- Availability of other methods of water treatment; this factor is expected to restrain the growth of the market
Segmentation: Global Water Softeners Market
- Salt Based Water Softeners
- Salt Free Water Softeners
By Operational Type
- By Process
- Ion Exchange
- Reverse Osmosis
- 32000 Grains
- 40000 Grains
- 64000 Grains
- 80000 Grains
- 96000 Grains
- 110000 Grains
- 120000 Grains
- 210000 Grains
- 300000 Grains
- 450000 Grains
- 600000 Grains
- 900000 Grains
- Greater than 1200000 Grains
- Single Family
- Food Processing Units
- Oil & Gas
- Office Buildings
- Hospital & Healthcare Facilities
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
Key Developments in the Market:
- In April 2019, A. O. Smith announced that they had acquired Water Right Inc. for an approximate amount of USD 107 million. This acquisition will help in providing A.O. Smith to expand their product portfolio and provide them the capabilities to deal with the consumer directly as well as in certain retail spaces with the help of Water Right Inc.’s wholesale and independent dealer channels
- In September 2017, A.O. Smith announced that they had completed the acquisition of Hague Quality Water for approximately USD 44.5 million, and an additional USD 2 million depending on growth. This acquisition will help in expanding the global products and services associated with water treatment business division of the company
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Competitive Analysis: Global Water Softeners Market
Global water softeners market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of water softeners market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Water Softeners Market
Few of the major competitors currently working in the water softeners market are BWT Aktiengesellschaft; Sears Brands, LLC; A. O. Smith; 3M; GE Appliances, a Haier company; Harvey Water Softeners Ltd; WOONGJIN COWAY CO.,LTD.; Culligan; Kaineng Health Overseas; Kinetico Incorporated, an Axel Johnson Inc. company; EcoWater Systems LLC; Whirlpool Corporation; NuvoH20, LLC; US Water Systems Inc; PelicanWater.com, An Enviro Water Solutions, Inc. Company; ION EXCHANGE; Pentair plc; Honeywell International Inc.; Watts and Watercare Softeners.
Research Methodology: Global Water Softeners Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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