India's Water Purifier Market Set to Reach ₹9,000 Crore in Service Revenue by 2030
The hidden Rs 9,000 crore business behind India’s water purifier boom
Image: The Economic Times
India's water purifier market is evolving beyond appliance sales, with the service sector projected to reach ₹9,000 crore by FY30. Companies like Eureka Forbes are focusing on maintenance contracts and filter replacements, addressing consumer concerns about high costs while expanding their service networks.
- 01The water purifier service market is expected to grow to ₹9,000 crore by FY30, closely following the product market's projected ₹10,000 crore.
- 02Eureka Forbes has over 8,000 technicians servicing 19,500 PIN codes, leveraging its extensive network as a competitive advantage.
- 03To combat consumer fatigue over maintenance costs, Eureka Forbes introduced long-life filters that extend replacement cycles from one year to two.
- 04The company's strategy includes expanding into Tier-2 and Tier-3 towns and diversifying into other household appliances like air purifiers and robotic vacuum cleaners.
- 05The overall market is growing at a compound annual growth rate (CAGR) of 11% to 12%, driven by increasing urbanization and concerns about water quality.
Advertisement
In-Article Ad
The water purifier market in India is undergoing a significant transformation, moving from a focus on one-time appliance sales to a robust service economy. Companies like Eureka Forbes are capitalizing on this shift, with projections indicating that the service market will reach ₹9,000 crore by FY30, nearly matching the ₹10,000 crore anticipated for the product market. This growth is fueled by the need for maintenance contracts, filter replacements, and a reliable technician network. Eureka Forbes, a leader in this space, boasts over 8,000 technicians across 19,500 PIN codes, allowing it to maintain a competitive edge through its extensive service infrastructure. To address consumer concerns about high maintenance costs, the company has introduced long-life filters that extend replacement intervals from one year to two. As urbanization increases and water quality concerns rise, Eureka Forbes is also targeting Tier-2 and Tier-3 towns for expansion and diversifying its product offerings to include air purifiers and robotic vacuum cleaners. This strategic pivot positions the company to evolve into a comprehensive home-health ecosystem.
Advertisement
In-Article Ad
The growth of the water purifier service market will enhance job opportunities for technicians and improve consumer access to maintenance services.
Advertisement
In-Article Ad
Reader Poll
What do you think is the most important factor in choosing a water purifier?
Connecting to poll...
Read the original article
Visit the source for the complete story.



&w=1200&q=75)
