Residential Water Softening Market Worth, Major Players, Consumer Trends, Analysis & Forecast Till 2030

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Residential Water Softening Market Size – USD 2.69 Billion in 2021, Growth – at a CAGR of 6.9%, Trend – Increasing research and development activities and technological advancements in Residential Water Softening

The global Residential Water Softening Market size is expected to reach USD 4.86 Billion in 2030 and register a revenue CAGR of 6.9% over the forecast period, according to the latest report by Reports and Data. Rising demand for soft water globally is a key factor expected to drive market revenue growth during the forecast period.

Concerns regarding the adverse effects of hard water has been increasing among consumers over the years. Hard water contains a high concentration of dissolved minerals, primarily calcium and magnesium. These minerals are responsible for a variety of problems such as dry skin and hair, faded clothes, stained sinks, and bathtubs and also affects the overall plumbing system of building. On the other hand, soft water protects the skin and hair from the effects of minerals, avoids clogging of plumbing systems, and prevents damage to home appliances. Rising concerns about the adverse effects of hard water is driving demand for soft water, which is expected to boost revenue growth of the market during the forecast period.

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Some major companies in the global market report include AO Smith Water Technologies Inc., Evoqua Water Technologies LLC, EcoWater Systems LLC., Watts Water Technologies Inc., Kinetico Incorporated, Culligan International Company, BWT AG, Feedwater Limited, Envicare Technologies Pvt. Ltd., Marlo Incorporated, Monarch Water Ltd., HydroFLOW USA, and Canature Environment Products Co., Ltd.

Rising demand for soft water has prompted manufacturers to develop and introduce more advanced water softening system and solutions in the market. Various technologies, such as salt-free water softening appliances, are already on the market. Continuous research is being conducted on the development of these appliances in order to achieve better and safer results. Some manufacturers have developed regeneration effective Residential Water Softening using demand-initiated regeneration. These developments are driving demand for Residential Water Softening and the trend is expected to continue during the forecast period.

However, rural consumers are not aware of the necessity of soft water and Residential Water Softening in preventing the adverse effects of hard water. Substitute methods used by rural customers include boiling, cloth straining, slow sand filtration, chlorinating, ceramic filters, and others. Rural water softening spending among individuals is relatively lower than urban spending. The low penetration of water softeners in rural areas could be a restraining factor to growth of the market during the forecast period.

Market Overview:

Increasing awareness regarding energy conversation and sustainability along with rapid digitalization are expected to significantly drive the revenue growth of the chemicals and materials industry over the coming years. Materials and chemicals industry generally covers all the manufacturers and companies that produce industrial chemicals and raw materials required for the production of other materials. Plastics, materials, drugs, soap, and agricultural chemicals, among others are some of the most common end products of the chemical and materials industry. Increasing focus on petrochemicals, rising investment in chemicals and materials industries, rapid digitalization and automation of manufacturing and production processes, and growing focus on environmentally friendly production are some other key factors driving market growth.

Some Key Highlights From the Report

  • Industrial segment revenue is expected to register a steady CAGR over the forecast period due to rising demand for Residential Water Softening in industrial applications. Many industrial boilers require soft feedwater, and without this soft water, and boilers are vulnerable to hard insulation layers, which decrease heat transfer performance and increase energy consumption. Using soft water in industrial boiler systems saves energy and increases the efficiency of the boiler system.
  • Salt-free water softener segment revenue is expected to register a steady CAGR over the forecast period due to increasing use of these softeners in recent years. These softeners change the magnesium and calcium chemically to reduce their adverse effects, rather than totally removing the minerals.
  • The market in North America is expected to account for largest revenue share in the global market during the forecast period due to increasing population staying in the hard water affected areas which is driving demand for water softeners. In addition, increasing number of housing projects is also driving need for Residential Water Softening and is expected to drive market revenue growth during the forecast period.
  • In December 2021, Monarch launched next-generation Ultra HE and Premio HE water softeners. Powered by a single long-life 9V battery, these innovative twin tank softeners require no power plug supply and come fully loaded with next-gen technology. Saving up to 32% water and up to 13% on salt use compared to previous models, these softeners are a sustainable choice for installers and consumers alike.

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For this report, Reports and Data has segmented the global Residential Water Softening market based on softener type, flow rate, cylinder type, application, distribution channel, and region:

Softener Type Outlook (Revenue, USD Billion; 2019-2030)

  • Salt-Based Ion Exchange Softener
  • Salt-Free Water Softener

Flow Rate Outlook (Revenue, USD Billion; 2019-2030)

  • 05 GPM to 30 GPM
  • 30 GPM to 60 GPM
  • 60 GPM to 90 GPM
  • Above 90 GPM

Cylinder Type Outlook (Revenue, USD Billion; 2019-2030)

  • Twin Cylinder
  • Mono Cylinder
  • Multi Cylinde

Application Outlook (Revenue, USD Billion; 2019-2030)

  • Residential
  • Commercial
  • Industrial

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Regional Outlook (Revenue, USD Billion; 2019-2030)

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East Africa

 

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