Brazil Water Purifiers Market to Surpass USD 550 Million by 2020, Says TechSci Research
BURNABY, Canada, July 6, 2015 /PRNewswire/ --
Ascending water contamination and increasing health awareness among consumers is driving water purifiers market in Brazil
According to recently published report, "Brazil Water Purifiers Market Forecast & Opportunities, 2020", water purifiers market in Brazil is forecast to cross USD550 million by 2020. Growing water consumption, poor water quality, rising health awareness and increasing urbanization are the major factors driving water purifiers market in the country. Moreover, contamination of water supplied by municipalities due to pipeline leakages or other issues associated with water transportation network is another factor boosting adoption of water purifiers, especially offline water purifiers, in Brazil.
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Water purifiers market is segmented into Offline, Reverse Osmosis (RO) and Ultraviolet (UV) water purifiers. During 2010-14, Offline water purifiers segment accounted for the largest share in the country's water purifiers market. The segment is anticipated to continue its dominance through 2020 on account of increasing penetration of offline purifiers among low and middle income households due to their low cost and easy maintenance.
"On account of uneven distribution of water resources in the country, south east and north east regions of Brazil have been experiencing shortage in supply of clean drinking water. Consequently, the adoption of water purifiers in the country has increased significantly over the last five years and this trend is expected to continue through 2020.", said Mr. Karan Chechi, Research Director with TechSci Research a research based global management consulting firm.
"Brazil Water Purifiers Market Forecast & Opportunities, 2020" has evaluated the future growth potential of Brazil water purifiers market and provides statistics and information on market structure, industry behavior and trends. The report includes water purifier market projections and demand forecasting. The report is intended to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities available in water purifiers market in Brazil.
About TechSci Research
TechSci Research is a global market research and consulting company with offices in Canada, UK and India. TechSci Research provides market research consulting services in six verticals - Information Technology, Chemicals, Water & Water Recycling, Consumer Goods & Retail, Automotive and Energy & Power. The company uses proprietary innovative business model that focuses on improved productivity that also ensure the creation of high-quality reports. With more than 100 client engagements with fortune 500 clients, TechSci Research enjoys the status of a premium market research services provider in the industry.
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