Water Filter Jug Market, Top key players are- Brita, PUR, BWT, Cleansui, Bobble, ZEROWATER, Laica, Aqua Optima, Electrolux, Terraillon, PHILIPS, Joyoung, Seychelle Environmental
Water Filter Jug is the jug with function of Water Filter
In the coming years there is an increasing demand for water filter jug in the regions of North America and Europe that is expected to drive the market for more advanced water filter jug. Increasing of personal healthcare, more-intense competition, launches in introducing new products, increasing of spending on water quality, retrofitting and renovation of old technology, will drive the market of water filter jug market.
Globally, the water filter jug industry market is low concentrated as the manufacturing technology of water filter jug is relatively matures than some high-tech equipment. And some enterprises, like Brita, PUR and BWT, etc. are well-known for the wonderful performance of their water filter jug and related services. At the same time, Europe, occupied 37.38% production market share in 2016, is remarkable in the global water filter jug industry because of their market share and technology status of water filter jug.
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The consumption volume of water filter jug is related to healthcare awareness and global economy. The consumption recently is concentrated on developed countries such as UK, USA and Germany, but investor should pay more attention to developing counties such as China and India due to the great demand in these countries.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the water filter jug market to approach these areas. QYR analysis of the water filter jug market indicated that Europe would account for the highest sales in 2016, but Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of water filter jug is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of water filter jug and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
According to this study, over the next five years the Water Filter Jug market will register a 8.6% CAGR in terms of revenue, the global market size will reach US$ 980 million by 2024, from US$ 590 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Water Filter Jug business, shared in Chapter 3.
This study considers the Water Filter Jug value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Capacity below 2L
Capacity 2L-3L
Capacity above 3L
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Residential Use
Outdoor Use
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Brita
PUR
BWT
Cleansui
Bobble
ZEROWATER
Laica
Aqua Optima
Electrolux
Terraillon
PHILIPS
Joyoung
Seychelle Environmental
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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Water Filter Jug consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Water Filter Jug market by identifying its various subsegments.
Focuses on the key global Water Filter Jug manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Water Filter Jug with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Water Filter Jug submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.