Point Of Entry Water Treatment Systems Market expected to expand at a CAGR of 4.6% by 2028
Point Of Entry Water Treatment Systems Industry Overview The global point of entry water treatment systems market size was valued at USD 8.81 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 4.6% from 2021 to 2028. Increasing demand for water treatment systems due to the growing water pollution and growing population influx in urban areas is expected to have a positive impact on the market growth. The COVID-19 pandemic resulted in boosting the residential water consumption due to stay-at-home orders leading to the increased demand for water treatment systems. The industrial market for point of entry water treatment systems was negatively impacted as many industries had to scale down their production and water usage due to supply chain disruptions and economic instability. The COVID-19 pandemic resulted in low mortgage rates in the U.S. leading to the growth in residential construction. This led to an increased demand for point of entry water...