Residential water treatment in Southeast Asia set to hit USD$787.1 million by end 2026

As the population in Southeast Asia continues to boom, governments, municipality jurisdictions, and civic parties remain resolute in providing a supply of clean, highly-filtered potable water to millions of households in the region.

Along with the population hike is the growth of per capita water consumption, which will facilitate the acceptance and sales of world-class water treatment equipment for private use.

Recently, Persistence Market Research published a study analyzing the Southeast Asian market for residential water treatment and projected a potent increase of Capital Annual Growth Rate (CAGR) of 8.3 per cent per year from the current USD$350 million to USD$787.1 million by end 2026.