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Research Outline
Prepared for Alison J. | Delivered November 23, 2019
Water Filtration Product Triggers
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Goals
Identify product brands and business models that are good at encouraging customers to stay up-to-date on replacement/refill products (i.e., have high compliance).
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Early Findings
Brita
filtration systems consistently show up in “
best of
” lists.
Some companies in the water quality arena, particularly those focused on
point-of-use
home water systems, are turning to tech by working on apps and other connected technologies to communicate with customers about current water quality.
The water filters markets is projected to grow from
$10.8 billion
in 2018 to $14.7 billion by 2023 (CAGR of 6.3%).
The
point-of-use
water treatment systems market is projected to grow from $19.9 billion in 2018 to $32.7 billion by 2023 (10.41% CAGR). Demand for clean water is driving the market as is the growing awareness about water quality.
The home water filtration unit market is valued at
$8.6 billion
(15.9% CAGR).
The home water filtration unit market is largely driven by
customer preferences
(marketing).
In addition to this public search, we scanned our proprietary research database of over 1 million sources and were unable to find any specific research reports that address your goals.
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