South Korea Residential Water Treatment Systems Market Report 2021 – Rental Schemes are Driving the Purchases Due to Increased Affordability – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “2021 South Korea Residential Water Treatment Systems Market With Covid-19 Impact” report has been added to ResearchAndMarkets.com’s offering.

The South Korean Residential Water Treatment Market research report includes market size, growth rates, market shares by product type and technology, competitive market share data, and revenue forecasts from 2020-2027 for South Korea.

Furthermore, profiles of key companies, growth drivers, restraints, challenges, and quotations from industry participants are also included. This analysis includes rental companies.

The South Korean Residential Water Treatment Market report is a comprehensive analysis of the market, including:

• Competitive market shares by type of system (total point-of-use, and point-of-entry).
• Market forecasts and growth rates by type of system and replacement filters (total market, point-of-use counter top & under-the-sink, point-of-use replacement filters, total point-of-use, point-of-entry, point-of-entry replacement filters).
• Point-of-use market share by type of technology (carbon, RO, UV, and others).
• Point-of-use market shares by revenue for pricing (under $300, $300-$600, $601-$900, over $900).

Market Definition by Product:

For the purposes of this study a residential water treatment (RWT) system is defined as:

Point-of-use (POU) systems: Point-of-use(POU) systems are intended to filter water for drinking and cooking purposes. They are typically installed at the point where the water is used. For purposes of this study, POU systems are further segmented as counter top systems, under-the-sink systems, and faucet mount systems.

Point-of-entry (POE) systems: Point-of-entry or whole house systems treat all the water entering the home.

Point-of-use counter top (CT) systems: Counter top systems can either be placed on the kitchen counter or can be wall mounted (typically in Asia).

Point-of-use under-the-sink (UTS) systems: The UTS systems are usually placed under the kitchen sink and do not clutter the kitchen counter.

Point-of-use faucet mount (FM) systems: FM systems have small filters that go directly on the end of a faucet and are relatively easy to install. FM systems have low capacities and low flow rates as compared to pitchers and other types of water treatment systems.

Pitcher systems: These systems are also knows as jug filters in certain parts of the world. Water is filtered by gravity through a filter cartridge, mostly made up of carbon. Pitchers and faucet mount systems are cheap residential water treatment systems available to consumers.

Replacement filters: Include cartridges, membranes, or other filters that need to be replaced regularly for the system to perform efficiently. This report covers replacement filters.

Key Topics Covered:

I. Definitions

II. Acronyms

III. Country Profile

IV. Executive Summary

a. COVID-19 Impact

b. Consumer Behavior Post Pandemic

c. Emerging Trends

d. Competitive Factors

V. Residential Water Treatment Market: Market Drivers & Impact

a. Rental schemes are driving the purchases due to increased affordability

b. Health and wellness trend

c. Increasing concerns over tap water quality

d. An increase in loner lifestyles

e. Koreans are connected customers seeking innovative products

VI. Residential Water Treatment Market: Market Restraints & Impact

a. Large bottled water market

b. Dominance by few large players

c. Risks associated with rental contracts

VII. Residential Water Treatment Market: Market Trends

VIII. Residential Water Treatment Market: Pricing Trends

IX. Market Data

a. Total Residential Water Treatment Market: Revenue Forecast, South Korea, 2020-2027

b. Point-of-Use CT & UTS Residential Water Treatment Market: Revenue Forecast, South Korea, 2020-2027

c. Point-of-Use CT & UTS Residential Water Treatment Market: Market Share, by Revenue, South Korea, 2020

Companies Mentioned

• Amway
• Chungho Nais Co. Ltd.
• Coway Co. Ltd.
• Cuckoo Electronics Co. Ltd.
• Kyowon L&c Co. Ltd.
• LG Corporation
• SK Magic

For more information about this report visit https://www.researchandmarkets.com/r/ed7ud1

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