Global Bottled Water Market is projected to grow at the CAGR of 6%. Growing health awareness and number of hygiene related issues and increasing number of people traveling across the globe are the key drivers of this market.
According to a Research Report Insights (RRI) report, the global market for total carbon analyzer is set to expand at 8.1% value CAGR and 7.6% CAGR in terms of volume between 2016 and 2024. In addition, the market is set to reach $843.5 million by 2016 end and will surpass $1.6 billion by the end of 2024.
Water is essential to the survival of all living organisms and it is simultaneously one of the scarcest resources. Large-scale urbanization, rampant use of pesticides, and natural pollutants present in some water bodies have contaminated these sources of life, rendering them unfit for human consumption.
As urbanization prevails across various emerging economies, at the backbone of infrastructure development is the requirement of providing clean water for drinking and other household purposes. A number of governments across the world have pledged to providing safe water to their residents and the emerging economies of Brazil, Argentina, Chile, Peru, and Venezuela makes South America an important region for the vendors operating in the residential water treatment equipment market.
A water quality tester is used for the testing of water sources that will be used for further applications in industries, on a commercial basis or in households. These testers are also compact and user-friendly targeting all kinds of users. The use of these testers in analytical laboratories and in the government research laboratories for certain actions to be taken if the water is polluted can save various water-borne diseases to be avoided in a community.
Water leakage incidents occur at various residential or non-residential places result in loss of large quantity of water. Water leakages can damage the older or newly constructed buildings. The various reasons of water leakage can be every day wear and tear in the building or pipeline, waste such as hair or grease can cause the damage to water pipeline and result in water leakage, high water pressure, various chemicals present in the water, conditions of soil in the particular area, and breakdown of fittings.
Water carrier products are being considered as one of the essential products that are being used in day-to-day life. Products such water kettles, water bottles, water taps, hot water dispensers, washing machines are being used in large scale in both households as well as commercial level.