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Demand for consumer water purification and air cleaning systems is projected to increase 5.6 percent per year to U.S. $1.6 billion in 2008, according to a study by The Freedonia Group, Inc. (Cleveland, OH, U.S.).
The market research firm says that gains will be driven by consumer concerns about the quality of the air and water in the home and greater awareness of the healthful and aesthetic benefits of these systems. Existing owners of purification systems are continuing to upgrade to the more efficient and better performing equipment featured in higher value systems. The industry also creates a large market for replacement filters and membranes, the firm reports.
Water purification systems that feature conventional filtration media accounted for the majority of demand for water systems in 2003, with 81 percent of sales. Freedonia projects that sales growth for this segment will be outpaced by demand for higher value reverse osmosis and distillation systems, albeit from a significantly smaller base. Gains will be fueled by their ability to process a broader range of contaminants compared to conventional filters.
Among air cleaners, electrostatic systems accounted for the largest share of value demand with 53 percent in 2003 and will also achieve the most rapid gains through 2008, the research firm says. Demand for electrostatic air cleaners will be driven by the rising popularity of electrostatic precipitators. Systems with conventional media filtration accounted for the second largest share of air cleaner demand in 2003, with a 44-percent share of sales.
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