Water Softening Systems Market: Overview Of Key Market Forces Propelling And Restraining Market Growth 2018 - 2026
According to a new market report published by Transparency Market Research titled “Water Softening Systems Market– Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 - 2026, ” the global water softening systems market is expected to reach a value of US$ 7,537.6 Mn by 2026. In terms of value, the market is estimated to expand at a CAGR of 5.2% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 2,447.3 Thousand Units in 2017. The Asia Pacific water softening systems market is projected to have the highest growth due to rapidly developing industrial infrastructure, increasing awareness of advantages of using soft water in the residential and commercial sector, and increased government spending on water softening activities in developing nations such as India and China. The North America market witnessed highest growth due to increasing awareness of using soft water among the consumers as 85% of Nor...