The global market share for refrigerator water filters is expected to gain a significant rise in the near future. The expected CAGR for the next seven years is 7.5% attributing to the shift in consumer preference and growing demand for water filter products. Refrigerated water filters are electronic appliances that come with water storage facility. The devices can operate on digital and analog frequencies delivering filtered water at the output. Commercially, the market prospect for refrigerated water filters is on a bright side as consumers are widely adopting various type of water filters for specific purpose.
Rise in Demand and Market Presence of Key Players Boosts the Market Growth
The refrigerated water filters market is significantly driven by the constant demand for fresh water in the general population. Additionally, the market growth is boosted due to the presence of key players that are trying to expand in the retail markets. E-commerce is playing a vital role in creating organic development for market conditions Water purifiers are essential home appliances and energy efficient devices. Rise in construction activities has surged the demand for fresh water in residential spaces. Therefore, treatment plants are set up in residential zones to enable a constant supply of filtered water for domestic use.
Availability of cheap and generic water filter products are likely to hamper the market growth. In addition, the market growth can also suffer due to lack of awareness for better products. In worst cases, in the rural areas, there is a huge lack of infrastructure wherein the water filtration process is a big miss.
The market significantly witnessed emergence of lucrative opportunities in the past few years. Strengthening of distribution channels, transparency in supply chain and market shift towards automation are some of the factors for opportunity generation.
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The refrigerator water filters market is segmented by type, and application.
RO Filters to Dominate the Market
Based on type, the refrigerated water filters market can be segmented as carbon block fillers, granular activated carbon (GAC) films, and reverse osmosis filters. Reverse osmosis filters are likely to attain a significant share attributing to the growing popularity of RO filters in the general population. Moreover, growth of the segment is highly dependent on product innovation and manufacturer emphasis on consumer friendly products are likely to impel the market growth in the coming years.
Online Purchasing to Gain Traction in the coming years
Based on application, the refrigerated water filters market can be segmented as retail purchasing, online purchasing, and others. Online purchasing is most likely to attain a significant growth in the coming years attributing to the rise in popularity of e-commerce. Consumer inclination towards e-commerce products are contributing to the market demand based on the consumer pursuit for better service in the aftermarket.
Based on geographical analysis, the refrigerator water filters market segmentation include North America, Europe, Asia Pacific, Middle-East, and Africa.
Asia Pacific holds a Significant Share
Asia Pacific is a dominating market for refrigerator water filters attributing to the rise in demand for spare parts for HVAC systems. Presence of distribution channels, high population, and increase in demand for refrigeration systems are likely to trigger the market growth in regional markets. In addition, the markets within Asia Pacific are expected to have a significant impact on global market in terms of revenue share.
North America and Europe are some of the fast growing markets owing to the rise in adoption of digital devices, growing importance of r has led the market towards gaining tremendous traction
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The key players mentioned in the refrigerator water filters market include Swift Green Filters, EveryDrop, LG Electronics, Frigidaire, GE, Hydronix, Electrolux, EcoPure, Viking, Kitchenaid, and Kenmore. The key players have adopted mergers, acquisitions, collaborations, and strategic partnerships as expansion strategies.
Table of Contents
1 Scope of the Study
1.1 Refrigerator Water Filters Introduction
1.2 Research Programs
1.3 Analysis of Macroeconomic Indicators
1.4 Years Considered
1.5 Methodology
1.6 Data Source
1.7 Research Objectives
2 Refrigerator Water Filters Industry Overview
2.1 Global Refrigerator Water Filters Market Size (Million USD) Comparison by Regions (2020-2027)
2.1.1 Refrigerator Water Filters Global Import Market Analysis
2.1.2 Refrigerator Water Filters Global Export Market Analysis
2.1.3 Refrigerator Water Filters Global Main Region Market Analysis
2.2 Market Analysis by Type
2.2.1 Granular Activated Carbon (GAC) Filters
2.2.2 Carbon Block Filters
2.2.3 Other Types
2.3.2 Commercial
2.4.2 Global Refrigerator Water Filters Revenue and Market Share by Manufacturer (2018-2020)
2.4.3 Global Refrigerator Water Filters Industry Concentration Ratio (CR5 and HHI)
2.4.4 Top 5 Refrigerator Water Filters Manufacturer Market Share
2.4.5 Top 10 Refrigerator Water Filters Manufacturer Market Share
2.4.6 Date of Key Manufacturers Enter into Refrigerator Water Filters Market
2.4.7 Key Manufacturers Refrigerator Water Filters Product Offered
2.4.8 Mergers & Acquisitions Planning
2.5 Refrigerator Water Filters Historical Development Overview
2.6 Market Dynamics
2.6.1 Market Opportunities
2.6.2 Market Risk
2.6.3 Market Driving Force
2.6.4 Porter's Five Forces Analysis
3 Upstream and Downstream Market Analysis
3.1 Upstream Analysis
3.1.1 Macro Analysis of Upstream Markets
3.1.2 Key Players in Upstream Markets
3.1.3 Upstream Market Trend Analysis
3.1.4 Refrigerator Water Filters Manufacturing Cost Analysis
3.2 Downstream Market Analysis
3.2.1 Macro Analysis of Down Markets
3.2.2 Key Players in Down Markets
3.2.3 Downstream Market Trend Analysis
3.2.4 Sales Channel, Distributors, Traders and Dealers
4 Global Refrigerator Water Filters Market Size Categorized by Regions
4.1 Global Refrigerator Water Filters Revenue, Sales and Market Share by Regions
4.1.1 Global Refrigerator Water Filters Sales and Market Share by Regions (2015-2020)
4.1.2 Global Refrigerator Water Filters Revenue and Market Share by Regions (2015-2020)
4.2 Europe Refrigerator Water Filters Sales and Growth Rate (2015-2020)
4.3 APAC Refrigerator Water Filters Sales and Growth Rate (2015-2020)
4.4 North America Refrigerator Water Filters Sales and Growth Rate (2015-2020)
4.5 South America Refrigerator Water Filters Sales and Growth Rate (2015-2020)
4.6 Middle East & Africa Refrigerator Water Filters Sales and Growth Rate (2015-2020)
5 Europe Refrigerator Water Filters Market Size Categorized by Countries
5.1 Europe Refrigerator Water Filters Sales, Revenue and Market Share by Countries
5.1.1 Europe Refrigerator Water Filters Sales by Countries (2015-2020)
5.1.2 Europe Refrigerator Water Filters Revenue by Countries (2015-2020)
5.1.3 Germany Refrigerator Water Filters Sales and Growth Rate (2015-2020)
5.1.4 UK Refrigerator Water Filters Sales and Growth Rate (2015-2020)
5.1.5 France Refrigerator Water Filters Sales and Growth Rate (2015-2020)
5.1.6 Russia Refrigerator Water Filters Sales and Growth Rate (2015-2020)
5.1.7 Italy Refrigerator Water Filters Sales and Growth Rate (2015-2020)
5.1.8 Spain Refrigerator Water Filters Sales and Growth Rate (2015-2020)
5.2 Europe Refrigerator Water Filters Revenue (Value) by Manufacturers (2018-2020)
5.3 Europe Refrigerator Water Filters Sales, Revenue and Market Share by Type (2015-2020)
5.3.1 Europe Refrigerator Water Filters Sales Market Share by Type (2015-2020)
5.3.2 Europe Refrigerator Water Filters Revenue and Revenue Share by Type (2015-2020)
5.4 Europe Refrigerator Water Filters Sales Market Share by Application (2015-2020)
6 Asia-Pacific Refrigerator Water Filters Market Size Categorized by Countries
6.1 Asia-Pacific Refrigerator Water Filters Sales, Revenue and Market Share by Countries
6.1.1 Asia-Pacific Refrigerator Water Filters Sales by Countries (2015-2020)
6.1.2 Asia-Pacific Refrigerator Water Filters Revenue by Countries (2015-2020)
6.1.3 China Refrigerator Water Filters Sales and Growth Rate (2015-2020)
6.1.4 Japan Refrigerator Water Filters Sales and Growth Rate (2015-2020)
6.1.5 Korea Refrigerator Water Filters Sales and Growth Rate (2015-2020)
6.1.6 India Refrigerator Water Filters Sales and Growth Rate (2015-2020)
6.1.7 Southeast Asia Refrigerator Water Filters Sales and Growth Rate (2015-2020)
6.1.8 Australia Refrigerator Water Filters Sales and Growth Rate (2015-2020)
6.2 Asia-Pacific Refrigerator Water Filters Sales and Revenue (Value) by Manufacturers (2018-2020)
6.3 Asia-Pacific Refrigerator Water Filters Sales, Revenue and Market Share by Type (2015-2020)
6.3.1 Asia-Pacific Refrigerator Water Filters Sales Market Share by Type (2015-2020)
6.3.2 Asia-Pacific Refrigerator Water Filters Revenue and Revenue Share by Type (2015-2020)
6.4 Asia-Pacific Refrigerator Water Filters Sales and Market Share by Application (2015-2020)
7 North America Refrigerator Water Filters Market Size Categorized by Countries
7.1 North America Refrigerator Water Filters Sales, Revenue and Market Share by Countries
7.1.1 North America Refrigerator Water Filters Sales by Countries (2015-2020)
7.1.2 North America Refrigerator Water Filters Revenue by Countries (2015-2020)
7.1.3 United States Refrigerator Water Filters Sales and Growth Rate (2015-2020)
7.1.4 Canada Refrigerator Water Filters Sales and Growth Rate (2015-2020)
7.1.5 Mexico Refrigerator Water Filters Sales and Growth Rate (2015-2020)
7.2 North America Refrigerator Water Filters Revenue (Value) by Manufacturers (2018-2020)
7.3 North America Refrigerator Water Filters Sales, Revenue and Market Share by Type (2015-2020)
7.3.1 North America Refrigerator Water Filters Sales Market Share by Type (2015-2020)
7.3.2 North America Refrigerator Water Filters Revenue and Revenue Share by Type (2015-2020)
7.4 North America Refrigerator Water Filters Sales Market Share by Application (2015-2020)
8 South America Refrigerator Water Filters Market Size Categorized by Countries
8.1 South America Refrigerator Water Filters Sales, Revenue and Market Share by Countries
8.1.1 South America Refrigerator Water Filters Sales by Countries (2015-2020)
8.1.2 South America Refrigerator Water Filters Revenue by Countries (2015-2020)
8.1.3 Brazil Refrigerator Water Filters Sales and Growth Rate (2015-2020)
8.2 South America Refrigerator Water Filters Revenue (Value) by Manufacturers (2018-2020)
8.3 South America Refrigerator Water Filters Sales, Revenue and Market Share by Type (2015-2020)
8.3.1 South America Refrigerator Water Filters Sales Market Share by Type (2015-2020)
8.3.2 South America Refrigerator Water Filters Revenue and Revenue Share by Type (2015-2020)
8.4 South America Refrigerator Water Filters Sales Market Share by Application (2015-2020)
9 Middle East and Africa Refrigerator Water Filters Market Size Categorized by Countries
9.1 Middle East and Africa Refrigerator Water Filters Sales, Revenue and Market Share by Countries
9.1.1 Middle East and Africa Refrigerator Water Filters Sales by Countries (2015-2020)
9.1.2 Middle East and Africa Refrigerator Water Filters Revenue by Countries (2015-2020)
9.1.3 GCC Countries Refrigerator Water Filters Sales and Growth Rate (2015-2020)
9.1.4 Turkey Refrigerator Water Filters Sales and Growth Rate (2015-2020)
9.1.5 Egypt Refrigerator Water Filters Sales and Growth Rate (2015-2020)
9.1.6 South Africa Refrigerator Water Filters Sales and Growth Rate (2015-2020)
9.2 Middle East and Africa Refrigerator Water Filters Revenue (Value) by Manufacturers (2018-2020)
9.3 Middle East and Africa Refrigerator Water Filters Sales, Revenue and Market Share by Type
9.3.1 Middle East and Africa Refrigerator Water Filters Sales Market Share by Type (2015-2020)
9.3.2 Middle East and Africa Refrigerator Water Filters Revenue and Revenue Share by Type (2015-2020)
9.4 Middle East and Africa Refrigerator Water Filters Sales Market Share by Application (2015-2020)
10 Global Refrigerator Water Filters Market Segment by Type
10.1 Global Refrigerator Water Filters Revenue, Sales and Market Share by Type (2015-2020)
10.1.1 Global Refrigerator Water Filters Sales and Market Share by Type (2015-2020)
10.1.2 Global Refrigerator Water Filters Revenue and Market Share by Type (2015-2020)
10.2 Granular Activated Carbon (GAC) Filters Sales Growth Rate and Price
10.2.1 Global Granular Activated Carbon (GAC) Filters Sales Growth Rate (2015-2020)
10.2.2 Global Granular Activated Carbon (GAC) Filters Price (2015-2020)
10.3 Carbon Block Filters Sales Growth Rate and Price
10.3.1 Global Carbon Block Filters Sales Growth Rate (2015-2020)
10.3.2 Global Carbon Block Filters Price (2015-2020)
10.4 Other Types Sales Growth Rate and Price
10.4.1 Global Other Types Sales Growth Rate (2015-2020)
10.4.2 Global Other Types Price (2015-2020)
11.1 Global Refrigerator Water FiltersSales Market Share by Application (2015-2020)
11.2 Residential Sales Growth Rate (2015-2020)
11.3 Commercial Sales Growth Rate (2015-2020)
12.1 Global Refrigerator Water Filters Revenue, Sales and Growth Rate (2020-2027)
12.2 Refrigerator Water Filters Market Forecast by Regions (2020-2027)
12.2.1 Europe Refrigerator Water Filters Market Forecast (2020-2027)
12.2.2 APAC Refrigerator Water Filters Market Forecast (2020-2027)
12.2.3 North America Refrigerator Water Filters Market Forecast (2020-2027)
12.2.4 South America Refrigerator Water Filters Market Forecast (2020-2027)
12.2.5 Middle East & Africa Refrigerator Water Filters Market Forecast (2020-2027)
12.3 Refrigerator Water Filters Market Forecast by Type (2020-2027)
12.3.1 Global Refrigerator Water Filters Sales Forecast by Type (2020-2027)
12.3.2 Global Refrigerator Water Filters Market Share Forecast by Type (2020-2027)
12.4 Refrigerator Water Filters Market Forecast by Application (2020-2027)
12.4.1 Global Refrigerator Water Filters Sales Forecast by Application (2020-2027)
12.4.2 Global Refrigerator Water Filters Market Share Forecast by Application (2020-2027)
13 Analysis of Refrigerator Water Filters Industry Key Manufacturers
13.1 Whirlpool
13.1.1 Company Details
13.1.2 Product Information
13.1.3 Whirlpool Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.1.4 Main Business Overview
13.1.5 Whirlpool News
13.2 LG Electronics
13.2.1 Company Details
13.2.2 Product Information
13.2.3 LG Electronics Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.2.4 Main Business Overview
13.2.5 LG Electronics News
13.3 Samsung
13.3.1 Company Details
13.3.2 Product Information
13.3.3 Samsung Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.3.4 Main Business Overview
13.3.5 Samsung News
13.4 Electrolux
13.4.1 Company Details
13.4.2 Product Information
13.4.3 Electrolux Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.4.4 Main Business Overview
13.4.5 Electrolux News
13.5 Bosch
13.5.1 Company Details
13.5.2 Product Information
13.5.3 Bosch Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.5.4 Main Business Overview
13.5.5 Bosch News
13.6 GE
13.6.1 Company Details
13.6.2 Product Information
13.6.3 GE Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.6.4 Main Business Overview
13.6.5 GE News
13.7 Kenmore
13.7.1 Company Details
13.7.2 Product Information
13.7.3 Kenmore Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.7.4 Main Business Overview
13.7.5 Kenmore News
13.8 Swift Green Filters
13.8.1 Company Details
13.8.2 Product Information
13.8.3 Swift Green Filters Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.8.4 Main Business Overview
13.8.5 Swift Green Filters News
13.9 KX Technologies
13.9.1 Company Details
13.9.2 Product Information
13.9.3 KX Technologies Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.9.4 Main Business Overview
13.9.5 KX Technologies News
13.10 Miele
13.10.1 Company Details
13.10.2 Product Information
13.10.3 Miele Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.10.4 Main Business Overview
13.10.5 Miele News
13.11 3M
13.11.1 Company Details
13.11.2 Product Information
13.11.3 3M Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.11.4 Main Business Overview
13.11.5 3M News
13.12 Ecopure Filter
13.12.1 Company Details
13.12.2 Product Information
13.12.3 Ecopure Filter Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.12.4 Main Business Overview
13.12.5 Ecopure Filter News
13.13 Ningbo Pureza Limited
13.13.1 Company Details
13.13.2 Product Information
13.13.3 Ningbo Pureza Limited Refrigerator Water Filters Production, Price, Cost, Gross Margin, and Revenue (2018-2020)
13.13.4 Main Business Overview
13.13.5 Ningbo Pureza Limited News
15 Appendix
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