According to the latest report by IMARC Group, titled “Bangladesh Gravity Based Water Purifier Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on the Bangladesh gravity-based water purifier market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The Bangladesh gravity-based water purifier market size reached US$ 76.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 157.9 Million by 2028, exhibiting a growth rate (CAGR) of 12.7% during 2023-2028.
Bangladesh Gravity Based Water Purifier Market Overview:
Gravity-based water purifiers are non-electric purifiers that help in removing undesirable chemicals, biological contaminants, and suspended solids and gases from water. These purifiers have two compartments that are separated by a microfiber mesh (MF) or Ultra-Filtration membrane. The water is filtered through an activated carbon filter, which removes dirt, dust, bacteria, viruses, cysts and parasites. As these purifiers are affordable and do not require electricity, they are widely preferred in Bangladesh, especially in the remote areas.
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Bangladesh Gravity Based Water Purifier Market Trends:
On account of the rising population and rapid industrialization, the water bodies in Bangladesh have become polluted by heavy metals, such as arsenic, and bacteria. This is escalating the demand for water purifiers in the country. Furthermore, the increasing disposable incomes and the growing awareness among individuals about water contamination are driving the market growth. Apart from this, several manufacturers operating in the industry are offering incentives, such as discounts, to expand their consumer base. This is expected to create a positive outlook for the market in the coming years.
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Key Market Segmentation:
Top Gravity Based Water Purifier Manufacturers In Bangladesh:
- Eureka Forbes
- Kent RO Systems Ltd.
- LAN SHAN Enterprise Co, Ltd.
- Livpure Private Limited
- Pure-Pro Water Corporation
- Ultima Care
- Unilever PLC
- Walton Group
Market Breakup by Product Type:
- Individual Water Purifiers
- Community Water Purifiers
Porters Five Forces Analysis:
- Overview
- Bargaining Power of Buyers
- Bargaining Power of Suppliers
- Degree of Competition
- Threat of New Entrants
- Threat of Substitutes
Market Breakup by Distribution Channel:
- Direct Sales
- Company Outlets
- Online
- Others
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