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Global Refrigerator Water Filters Sales Increased To 57.23 Million Units In 2018
Wednesday, 19 Aug, 2020
For industry structure analysis, the Refrigerator Water Filters industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 42.15% of the revenue market. Regionally, North America is the biggest revenue area, also the leader in the whole Refrigerator Water Filters industry. 

Market Segment by Manufacturers, this report covers:
LG Electronics
Swift Green Filters
KX Technologies
Ecopure Filter
Ningbo Pureza Limited

The sales of Refrigerator Water Filters increased fast from 40.24 million units in 2014 to 57.23 million units in 2018 with an average growth rate of 9.20%.

North America occupied 39.21% of the sales market in 2018. It is followed by Europe and Asia-Pacific, which respectively account for around 29.91% and 20.70% of the global total industry. Other countries have a smaller amount of sales. 

For price trend analysis, a key variable in the performance of Refrigerator Water Filters producers is raw material costs, specifically the speed at which any increase can be passed through to customers. 

Although the market competition of Refrigerator Water Filters is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Refrigerator Water Filters and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.