Water Purifier in Malaysia Market Is Expected to Generate $536.6 Million by 2031: Allied Market Research

Customers’ purchasing power grows in tandem with their income levels, raising their standard of living. Furthermore, increased municipal supply of safe water and improved water recycling treatments in developing countries such as Malaysia drive demand for water purification systems. Certain developing countries, including Malaysia, have seen their discretionary income rise due to population skill growth and increased employment in service-oriented industries. As a result, the Malaysian market for water purifiers has expanded, as has the demand for water filtration systems in these fields.

Portland,OR, Jan. 25, 2023 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the Malaysia Water Purifier market is expected to account for $256.3 million in 2021 and to grow at an 8.1% CAGR to $536.6 million by 2031. The report examines changing market dynamics, major segments, the value chain, the competitive scenario, and the regional landscape. This research can help market leaders, investors, shareholders, and startups develop long-term growth strategies and gain a competitive advantage. 

Download Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/4992 

Report coverage & details:

Report Coverage  Details 
Forecast Period  2022–2031 
Base Year  2021 
Market Size in 2021  $256.3 million 
Market Size in 2031  $536.6 million 
CAGR  8.1% 
No. of Pages in Report  200 
Segments covered  Technology, End User, Distribution Channel, and Portability. 
  • Surge in incidence of waterborne diseases 
  • Upsurge in concern towards health 
  • Development of the food and beverage industry 
  • Surge in awareness about purified water 
  • High maintenance cost of water purifiers 

Covid-19 Scenario:  

  • The outbreak of the COVID-19 pandemic had a positive impact on the growth of the Malaysia Water Purifier market. The increased demand for water purifiers to combat waterborne diseases led to increased demand for water purifiers.  
  • During the pandemic, the demand for water purifiers increased significantly for establishments such as hospitals, covid relief centers, and vaccination centers. The purifiers were provided by many companies through their CSR initiatives, leading to an increase in the sales of water purifiers in Malaysia. 

The research provides detailed segmentation of the Malaysia Water Purifier market based on technology, end user, distribution channel, and portability. Tables and figures are used in the study to discuss segments and their sub-segments thoroughly. Market participants and investors can plan their strategies based on the top revenue-generating and fastest-growing segments in the research. 

Based on technology, the RO purifier segment held the highest share in 2021, accounting for more than 65% of the Malaysia Water Purifier market. It is expected to continue its dominance in the market during the forecast period. The RO purifier segment is expected to register the highest CAGR of 8.5% from 2022 to 2031.  

In terms of end users, the residential sector accounted for the largest share in 2021, making for about two-thirds of the Malaysia Water Purifier market. This segment is anticipated to continue to dominate the market in terms of revenue during the industry’s forecast period. But from 2022 to 2031, the commercial water purifier segment is anticipated to have the most significant CAGR of 8.6%. 

The retail segment of the distribution channel held close to 75% of the Malaysia Water Purifier market in 2021, according to the distribution channel, and is anticipated to maintain its dominant position over the course of the forecast period. During the forecast period, the online segment is expected to increase at the highest CAGR of 9.6%. 

Based on portability, non-portable water purifiers had the most significant market share in Malaysia in 2021, accounting for more than 95% of the market. It is anticipated that they would continue to hold the majority of the market in revenue until 2031. Additionally, during the projected period, the portable water purifier segment is anticipated to have the quickest CAGR of 9.8%. 

Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/4992 

Leading market players of the Malaysia Water Purifier market analyzed in the research include Amway (Malaysia) Sdn. Bhd., Bio Pure (Elken Global Sdn. Bhd.), Coway (Malaysia) Sdn. Bhd., CUCKOO, International (Mal) Sdn. Bhd., Diamond (Malaysia), LG Electronics Inc., Nesh Malaysia, Panasonic Malaysia Sdn. Bhd., SK Magic (Malaysia). 

These important market players for water purifiers in Malaysia are thoroughly examined in the study. These businesses have implemented different strategies to grow their market share and maintain dominating positions in various geographies, including new product releases, collaborations, expansion, joint ventures, agreements, and others. The study highlights company performance, operating segments, product portfolio, and strategic actions made by market participants to illustrate the competitive environment. 

Trending Reports in Consumer Goods Industry (Book Now with 10% Discount): 

• Water purifier Market is projected to reach $92,082.60 million by 2031 
• POU Water Purifier Market Opportunity Analysis and Industry Forecast 2021-2031 
• Water Filter Market Opportunity Analysis and Industry Forecast 2021-2030 
• India & Southeast Asia Residential Water Purifier Market Opportunity Analysis and Industry Forecast 2021-2031 
• Africa Water Purifier Market is Estimated to Reach $617.7 Million by 2027 

About Us: 

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. 

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. 

CONTACT: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States USA/Canada (Toll Free):+1-800-792-5285, +1-503-894-6022 UK:+44-845-528-1300 Hong Kong:+852-301-84916 India (Pune):+91-20-66346060 Fax:+1(855)550-5975 [email protected] Web: https://www.alliedmarketresearch.com/reports-store/consumer-goods Follow Us on Blog: https://www.dailyreportsworld.com 

Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. IndiaChron.com takes no editorial responsibility for the same.