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NEW YORK, Nov. 17 /PRNewswire/ -- As consumer concerns over drinking water
purity continue to rise, sales in the home water treatment market will easily
soar past the $2.6 billion mark by years end, according to The U.S. Market
for Residential Water Treatment, a new report from market research publisher
Specialists in Business Information (SBI), a division of MarketResearch.com.
SBI projects that the home water treatment market -- which consists of
both water filtration systems and water softeners -- will reach $2.633 billion
in 2005, a 6.5% increase over 2004. Dominated by filtration devices, which
command 70% of the market share, the market has been bolstered by growing
consumer interest in newer purification technologies such as reverse osmosis
(RO), ozone, and ultraviolet (UV). Of note, in 2005 RO gained a significant
edge over activated charcoal filtration -- $585 million vs. $566.52 million in
retail sales -- amplifying the consumers shift toward filtration technologies
offering greater protection from a wider range of contaminants.
Its important to note that sales figures and projections were calculated
while the nation suffered through a late summer rife with natural disasters.
Consequently, Packaged Facts projects that sales of water treatment products
will be strong at years end. "With fears of chemical and bacterial
contamination running high in the wake of hurricanes Katrina and Rita, were
bound to see this market jump in 2006 as daily life necessitates water
treatment equipment for millions of people who may have never considered
purified drinking water before," said Don Montuori, the publisher of SBI. "No
American wants to risk being made ill by their drinking water, so well see an
increase across the board as consumers find a filtration system that works
best for their budget."
The U.S. Market for Residential Water Treatment includes an extensive
examination of the U.S. water supply; identifies key issues, regulations and
trends affecting the marketplace; examines purchaser demographics, and
profiles manufacturer and retailer strategies used to maximize growth and
profitability. Priced at $3000, this report can be purchased directly from SBI
by clicking:
http://www.marketresearch.com/product/display.asp?xs=r&productid=1175662. It
is also available at MarketResearch.com.
About Specialists in Business Information
Specialists in Business Information (SBI), a division of
MarketResearch.com, publishes research reports in the industrial,
construction, and materials markets. For more information visit
http://www.marketresearch.com/vendors/viewvendor.asp?SID=89381101-333751516-
381123633&VendorID=775, or contact Tom Ehart at 240-747-3014, or
tehart@marketresearch.com.
Contact:
Tom Ehart
MarketResearch.com
240-747-3014
tehart@marketresearch.com
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