India Water Purifier Market Report, Analysis: Key Insights, Trends & Outlook to 2025
The India water purifier market is set for significant growth, driven by rising water contamination and increased penetration in rural areas. Here's an in-depth look at the current landscape and future projections.
Market Overview and Revenue
The water purifier market in India has seen robust growth over the past two decades. From 1984, when Eureka Forbes launched the first water purifier, to FY 2020, the market has evolved significantly. The market recorded double-digit CAGR from FY 2014 to FY 2020 due to heightened awareness about water quality and the benefits of purifiers. In 2018, the penetration of electric water purifiers was 8.7%, while non-electric purifiers stood at 3.5%.
Market Segmentation
Market Structure: The market is split between organized and unorganized sectors. The unorganized sector leads in sales volume due to lower prices, while the organized sector dominates revenue with high-priced, technologically advanced models.
Sales Channel: Offline retail channels dominate the market due to a strong network of distributors and retailers. However, online sales have surged significantly, while direct sales have seen a decline.
Technology: RO technology is the most prevalent, followed by UV and gravity purifiers. RO systems are particularly favored in regions with high TDS contamination.
End Users: The residential sector is the largest consumer, driven by increased health awareness and a shift from bottled water to purifiers. Industrial and commercial sectors also contribute significantly.
Regions: The Western region leads in sales, followed by the Northern region. Mumbai and Delhi-NCR are notable high-value markets. The Southern region slightly surpasses the Eastern region in sales.
Market Trends and Developments
Increased Awareness: Marketing initiatives have significantly boosted product familiarity and awareness about water quality.
Technological Advancements: Innovations in purification technology, such as smart purifiers, are driving market growth.
Rural Penetration: With 1,783 lakh households in rural areas and low penetration of electric purifiers, rural markets represent a significant growth opportunity.
Competitive Landscape
The market is moderately concentrated, with the top three players—Eureka Forbes Ltd, Kent RO Systems, and Livpure—accounting for over 50% of the retail revenue. Other major players include Pureit (HUL), Blue Star, LG Electronics, and Tata Swach. Competition is fierce, with brand image, price, serviceability, maintenance costs, and technological advancements being key competitive parameters.
Future Outlook and Projections
The Water Purifier Market is expected to grow moderately due to increased customer education, declining prices, and technological advancements. The next growth wave will likely come from rural areas, where electric purifier penetration is currently at 2.4%. The market will see the entry of new players and an increase in unorganized participants, shifting the perception of purifiers from luxury to necessity.
Key Players in the India Water Purifier Market
Eureka Forbes Ltd
Kent RO Systems
Livpure
Pureit (HUL)
Blue Star
LG Electronics
Tata Swach
Key Market Trends
Growing Awareness: Enhanced awareness of waterborne diseases and the benefits of purifiers.
Technological Advancements: Adoption of advanced purification technologies.
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