The global packaged water treatment system market is estimated to be valued at USD 13.31 billion in 2016 and is projected to grow at a CAGR of 10.4% between 2016 and 2021 to reach USD 21.83 billion by 2021. The Middle East and Africa region is estimated to lead the market in 2016, followed by Europe and North America. Increasing population, dependence of economies for crude oil, minerals, chemicals, along with the rising demand for electricity by emerging as well as developed economies are expected to drive the global packaged water treatment system market during the forecast period.
This market is led by key players, such as Veolia Water Technologies (France), GE Water & Process Technologies (U.S.), RWL Water (U.S.), WPL International (U.K.), Smith & Loveless INC. (U.S.), and others. These companies are considered as leaders in the rapidly-evolving market. Substantial investments have been made in the past few years by these companies to address the future demand of packaged water treatment system arising from the growing population, urbanization, and industrialization.
