Investorideas.com
Search  Follow Investorideas on Twitter  Investorideas is on Facebook  Investorideas is on Google Plus  Investorideas is on Youtube  Investorideas is on Pinterest  Investorideas is on tumblr  Investorideas is on LinkedIn  Investorideas RSS 


Investorideas podcasts on iTunes, Google Play Music and iHeart.com    Bitcoin and Blockchain Stocks


"Smart" Tech Components Will Support Value Gains for Consumer Water Treatment Systems & Consumables Through 2021

 

November 16, 2017 (Investorideas.com Newswire) Demand for consumer water treatment systems in the US is expected to increase 4.4% annually to $1.6 billion in 2021. The integration of advanced technologies such as smartphone apps that allow consumers to monitor their systems anywhere Wi-Fi is available will support value gains going forward, as will raised consumer awareness of water quality problems such as the lead crisis in Flint, Michigan. Growth will also be driven by a healthy housing market, specifically growth in new completions, existing home sales, and construction repair and improvement expenditures. For in-depth analysis of these and other trends, see Consumer Water Treatment Systems in the US, a new study from The Freedonia Group, a Cleveland-based industry research firm.

"Smart" indicators signal to users when to change water filters and replenish salt levels, fueling consumables sales. Replacement consumables are required for virtually all water treatment systems, so demand is constantly growing. But digital indicators informing users when consumables have reached capacity, such as smartphone alerts, are helping to ensure users replace consumables in a more consistent and timely manner. As a result, demand for consumables is expected to grow 3.4% per year to $2.4 billion in 2021.

Despite a slight slowdown in demand, water filters alone will retain 45% of overall consumer water treatment market in 2021. Water filters are expected to maintain the largest share of overall demand through the forecast period and will account for approximately three-quarters of consumables demand in 2021. Salt and membranes are expected to show slight accelerations in growth through 2021, but overall gains for consumables will be slower than the 2011-2016 period. Factors restraining growth include product innovation yielding consumables that cost more but last longer.


Consumer Water Treatment Systems in the US (published 10/2017, 197 pages) is available for $4900 from The Freedonia Group. For further details or to arrange an interview with the analyst, please contact Corinne Gangloff by phone 440.684.9600 or email pr@freedoniagroup.com.

Related studies include:

About The Freedonia Group, a division of MarketResearch.com - The Freedonia Group is a leading international industrial research company publishing more than 100 studies annually. Since 1985, we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Additional Consumer Goods studies can be purchased at www.freedoniagroup.com, www.marketresearch.com, and www.profound.com.


Water-Stocks.com: investing ideas in water stocks

Like Water Stocks? View our Water Stocks Directory

More Info:

Investorideas.com Newswire

This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp

Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.


Questrade Democratic Pricing - 1 cent per share, $4.95 min / $9.95 max



Join Investor Ideas Members to access the Renewable Energy stocks directory, water stocks, biotech stocks, defense stocks directories and the Insiders Corner