Dublin, Sept. 05, 2024 (GLOBE NEWSWIRE) — The “Indonesia Gravity Water Purifier Market Report 2024-2032 By Product Type (Personal Water Purifier, Public Water Purifier), Distribution Channel Segment (Direct Sales, Company Point of Sale, Online and Others)” report has been added to ResearchAndMarkets.com’s offering. The Indonesian gravity water purifier market is showing significant growth and is expected to be valued at US$ 17.2 million by 2023. Given the current trajectory, the industry shows good growth prospects and is expected to grow to US$ 56 million by 2032. The compound annual growth rate (CAGR) during 2023-2032 is expected to reach 14.0%. This growing market trend highlights the critical shift towards sustainable water purification solutions across the country. The growth of the Indonesian market is supported by the country’s demand for efficient and effective water purification methods. Gravity water purifiers use activated carbon and do not require electricity to operate, which offers many benefits such as cost-effectiveness, portability, and reduced energy consumption. Tighter regulations aimed at improving environmental sustainability are driving the shift towards these eco-friendly water purifiers. Significant improvement in living standards and rising disposable income have also increased consumer awareness and demand for convenient water purification solutions. A Market Driven by Demand and Innovation Poor water quality and contamination of drinking water resources are driving the demand for improved water purification solutions among Indonesian households. Additionally, government initiatives to reduce carbon emissions continue to enhance the dynamics of the gravity water purifier market. These initiatives, coupled with technological innovations in the field, are expected to further drive the growth and development of the market. In the distribution arena, multiple channels such as direct sales, brand stores, and online platforms ensure the availability of these important water purifiers to the society at large. Independent Analysis and Market Dynamics The report provides a detailed analysis of the Indonesia market dynamics and segmentation, focusing on product types and distribution channels. The findings offer a comprehensive overview of the drivers, potential challenges, and competitive landscape covering the prominent industry players working to grow the gravity water purifier market. The continued growth of the Indonesian gravity water purifier market is a testimony to the country’s commitment to protecting health, the environment, and quality of life through sustainable means. With such growth and innovation, Indonesia is setting regional standards for the water treatment industry. Key attributes: About ResearchAndMarkets.comResearchAndMarkets.com is the world’s leading source of international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, leading companies, new products and the latest trends.
Post time: Dec-12-2024