Water Purifier in Africa market to Reach $617. 7 Million by 2027: Allied Market Research
Published
Apr 07 2021 at 7:00 AM GMT
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- Portland, OR, April 07, 2021 (GLOBE NEWSWIRE) -- As per the report published by Allied Market Research, the Africa water purifier market was pegged at $410.8 million in 2019, and is estimated to hit $617.
- 7 million by 2027, growing at a CAGR of 7 7% from 2021 to 2027.
- Increase in levels of disposable income of customers, surge in incidence of water-borne diseases, and rise in concerns toward health drive the growth of the Africa water purifier market.
- However, rise in demand for substitutes hinders the market growth.
- On the contrary, surge in demand for water purifiers in developing countries and increase in social media awareness are expected to open lucrative opportunities for the market players in the future.
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- Published Apr 7, 2021 7:00 AM GMT