Indonesia Water Purifiers Market to Grow at Over 5.7% Through 2020, Says TechSci Research
BURNABY, Canada, July 20, 2015 /PRNewswire/ --
Degradation of water resources due to pollution coupled with contamination of drinking water to drive the demand for water purifiers in Indonesia
According to recently published TechSci Research report, "Indonesia Water Purifiers Market Forecast & Opportunities, 2020", water purifiers market in Indonesia is projected to grow at a CAGR of over 5.7% during 2015-20. The market is anticipated to grow on account of degradation of water resources in the country, coupled with rising contamination of drinking water supplied to the households in the country. About 30% of the water supplied by water companies in Indonesia is contaminated with E. coli, fecal coliforms and other pathogens. Moreover, river water in Indonesia is highly contaminated and is not fit for drinking unless boiled. Consequently, the demand for water purifiers has been witnessing a continuous growth in the country.
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With increase in population and industrial development, especially in the western region of the country, concerns regarding water safety are also increasing. Majority of Indonesia's population does not have access to piped water and is dependent on river water. Moreover, most of the industrial and domestic waste in the country is directly discharged into the rivers. Apart from domestic and industrial waste, small scale mining activities near the rivers are also resulting in increasing level of mercury in river water. Consequently, at least 6 major rivers in west Java alone, do not meet drinking water requirements.
"Domestic waste is among the major factors degrading the quality of water in Indonesia. Also, government efforts for upgrading and expanding water supply network over the course of last decade have been inadequate. As a result, majority of the population in Indonesia still does not have access to safe drinking water. People in the country mostly rely on either bottled water or boiled river water for domestic use, both of which prove costly when compared to one time investment in water purifiers. With expanding middle class and increasing health concerns, Indonesia is expected to offer a huge opportunity for water purifier suppliers through 2020.", said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
"Indonesia Water Purifiers Market Forecast & Opportunities, 2020" has evaluated the future growth potential of Indonesia water purifiers market, and provides statistics and information on market structure, industry behavior and trends. The report also includes 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 major drivers, challenges and opportunities in Indonesia water purifiers market.
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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