Water Test Kit Market

Global Water Test Kit Market Size (2024-2032)

The Global Water Test Kit Market was worth US$ 4.77 billion in 2023 and is anticipated to reach a valuation of US$ 8.02 billion by 2032 from US$ 5.05 billion in 2024, and it is predicted to register a CAGR of 5.95% during the forecast period 2024-2032.

MARKET SCENARIO

The water test kit is used to test the water quality and the process of determining the water quality. Regular monitoring of the water is mandatory to assess the quality and status of the water’s health. The water testing includes the identification of the dissolved gases concentration, microbial presence, radioactivity, turbidity, and conductivity of the water. The determination of water quality is critical in many industries like food, pharmaceutics, electronics, agriculture, fisheries, forestry, and animal husbandry. There are two types of water tests such as physiochemical testing and bacteriological testing. 

MARKET DRIVERS

The rise in the interest in water safety and quality by the consumers driver the market

Nowadays, there is an increased number of waterborne diseases, adulteration, and toxicity, imposing an increase in concern over water safety. According to the Centers for Disease Control and Prevention (CDCP), the spread of diseases through the water is more every year in many parts of the world. The consumption and breathing of the contaminated water cause the infection, and different types of illness can be observed. The growing concern over water safety will propel the water test kit market, especially in developing countries. Developing nations such as India and China governments are implementing strict government rules and regulations on the use of water in the making of food & beverages, and pharmaceutical products. The compulsory requirement of the use of high-quality water in these products makes it mandatory to submit water quality test reports. This will act as a water test kit market driver in the bring the market growth rate to higher levels. 

MARKET RESTRAINTS

The equipment's high cost and the requirement of well-trained laborers and professionals to test the water are restraints on the water test kit market during the forecast period.

The growing demand for bottled water is a market opportunity, but constraints include consumers' beliefs that bottled water is harmful to health and plastic bottle usage, which can lead to the accumulation of plastic garbage in the environment, causing ecological imbalance.

MARKET OPPORTUNITIES

Growing demand for bottled water would be a market opportunity.

Increasing demand for high-quality drinking water, portability, and concern over the diseases caused by the consumption of contaminated tap water together contribute to the rising demand for bottled water. The ready availability of purified bottled water makes it convenient to use during an immediate requirement. The drawback in this opportunity would be the use of plastic as a container and causing damage to the environment. This could be a great market opportunity if the market players can properly utilize the available opportunity and come up with new innovative ideas to overcome the drawbacks. To some extent, the use of glass containers where ever possible can make the best utilization of the opportunity in the rising of the water test kit market growth. The development of flavored water will also enhance the market growth. The stringent water quality test standards and growing need for advanced technologies will be an additional opportunity for the market.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Water Test Kit Market Analysis By Parameter Type

• Physical
• Chemical
• Microbiological

The physical test holds a significant share of the water test kit market during the forecast period. The increasing awareness about the advantages of testing the different characteristics of the water and the rise in the research centers with a focus on developing advanced technology kits increase the market demand. The physical test includes the testing of the pH, temperature, turbidity, TDS, and hardness of the water.

Global Water Test Kit Market Analysis By Type Of Water

• HPLC-based
• LC-MS/MS-based
• Immunoassay-Based
• Other Technologies

LC-MS/MS-based is expected to have a significant growth rate in the water test kit market during the forecast period. Liquid Chromatography-tandem Mass Spectrometry (LC-MS/MS) has had a huge potential in clinical laboratories during the past few years.

Global Water Test Kit Market Analysis By End-User Sector

• Institutional
• Government Based Research & Development Agencies
• Private Based Research & Development Agencies
• Commercial
• Beverage & Food Processing
• Industrial & Manufacturing
• Leisure & Hospitality
• Healthcare
• Food Service

REGIONAL ANALYSIS

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Asia-Pacific region has a high growth rate in the water test kit market during the forecast period. The governments of developing nations have stringent rules on water usage in food and beverage manufacturing. There is an increased application of water test kits in these industries as the requirement for tested water is increased. The increase in urban wastage and changes in the climate is the major problems in this region. The rise in health awareness and support from the government over the use of quality water in this region drives the market.

MARKET KEY PLAYERS

Eurofins Scientific, Bosch Sensortec GmbH, Intertek Group PLC, Neogen Corporation , Merieux NutriSciences, ALS Limited, Infineon Technologies AG, Texas Instruments Incorporated, Qualcomm Technologies, Inc., AlphaSense Inc

RECENT HAPPENINGS IN THE MARKET

• In 2022, two new geochemistry facilities will be opened by the SGS group for sample preparation and testing in the Australia and South Wales region. This initiative would increase the company’s testing capacity in this region in the future.

• In 2021, Early Warning COVID-19 testing for wastewater was launched by the Neogen Corporation. This test could identify the presence of SARS-CoV-2 in the wastewater and can detect new outbreaks.