The Water Purifier Market Today
Approximately
80% of diseases in India are caused by water borne micro
organisms. This is true in rural as well as urban India.
However, awareness of health risks linked to unsafe water is
still very low among the rural population. The few who treat
water resort to boiling or use domestic candle filters. In
comparison, the urban Indian is definitely more health
conscious and understands the necessity of purifying water
before it is fit for consumption. Even so, it is estimated that
roughly 7% of urban Indians use non manual water purifiers.
More Indians need to become aware of the importance of
installing drinking water purifiers. There remains a huge
untapped market.
Though quite a
few city dwellers still boil water, many are switching over to
modern domestic water purifiers. Electrical or chemical based
home water purification systems are most suitable for urban
households because they require little or no manual operation
and depending on the technology can eliminate biological
contaminants, chemical toxins and excessive salts. The main
contaminants are, however, micro organisms. UV purifiers and
advanced chemical based systems deal effectively with viruses,
giardia and bacteria. This is one of the reasons why UV and
resin based purifiers are the most widely used water purifiers
in India today.
It is
estimated that around 80% of urban dwellers do not purify tap
water. Many of them are from the lower income strata and cannot
afford UV or reverse osmosis water purification systems. They
are the potential buyers of economical but effective chemical
purifiers. This is the market that Eureka Forbes and Hindustan
Unilever are tapping aggressively. Chemical based purifiers,
Aquasure and Pureit, together account for 20% of water
purifiers sold. Both are becoming increasingly popular because
they are effective and affordable. The two brands are reported
to be growing at 100 percent per annum. Also, they do not run
on electricity and are ideal for locations where power supply
is unpredictable. Neither do they demand continuous water
supply. Power and water are still scarce even in urban
India.
It is
estimated that roughly two thirds of the existing water
purification market belongs to UV water purifiers and one third
is shared between reverse osmosis purification systems and
chemical purifiers. In the UV purifier segment, Eureka Forbes’
Aquaguard is the clear market leader with approximately 68%
market share. Other brands include Philips’ Intelligent Water
Purifier and Kent’s UV purifier. The UV purifier market is
estimated to be growing at a lower rate than the chemical based
segment.
Reverse
osmosis purifiers, which are rather expensive and not the
preferred option in many areas, have a smaller share of the
market when compared with UV purifiers and chemical based
systems. In the reverse osmosis segment, Eureka Forbes is again
the major player with 60% share. A major portion of the
remaining 40% belongs to Kent reverse osmosis
Systems.
That the
Indian market has tremendous potential is evident from the fact
that global majors such as Philips and Hindustan Lever have
stepped in and are looking to increase their share of the
market. The three principal players today are Eureka Forbes,
Hindustan Lever and Philips. In the years to come, we are
likely to see others entering the fray.
|