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Water Test Kit Market Analysis - By Parameter Type (Physical, Chemical, Biological), By Type of Water (Pond Water, Marine Water, Sewage Water, Potable Water, Swimming Pool Water, Cooling & Boiling Water), By End User, Region ((North America (United States & Canada), Europe (United Kingdom, Italy, Germany, Spain, France & Rest of Europe), Asia Pacific (India, China, Japan, South Korea, Australia, New Zealand, Rest of APAC), Latin America (Brazil, Mexico, Argentina & Rest of Latin America), Middle East & Africa) - Global Industry Analysis on Size, Share, Growth, Forecast | 2023 to 2028

Published: March, 2023
ID: 8811
Pages: 100
Formats: report pdf report excel report power bi report ppt

Water Test Kit Market Size, Share, Growth (2023-2028)

The water test kit market size is anticipated to reach USD 6.03 billion by 2028, registering a CAGR of 5.95% during the forecast period.

Water Test Kit Market Overview

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. 

Water Test Kit 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. 

Water Test Kit Market Restraints

The cost of the equipment is high and requires well-trained laborers and professionals in the testing of the water, which acts as a water test kit market restraint during the forecast period. The growing demand for bottled water is a market opportunity, but the constraints include the belief of the consumers that bottled water is harmful to health and plastic bottle usage can lead to the accumulation of plastic garbage in the environment, causing ecological imbalance.

Water Test Kit 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 for use during the 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.

COVID-19 Impact on the Water Test Kit Market

The pandemic has shown a moderate impact on the water test kit market. The negative impact is decreased sales of the water test kit as the temporary shutdown of the manufacturing operations in certain industries. The positive impact is the increased consumption of high-quality water to avoid diseases and contamination. The non-users are also converted to the users’ category with increased demand for quality water. During the COVID-19 pandemic period, the standards also increased to avoid any further cause of illness to the people. This gave a positive growth rate to the market.

Key developments 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.

Water Test Kit Market Segmentation

By 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.

By Technology

  • 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.

Water Test Kit Market 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.

Water Test Kit Market Key Players

  1. Eurofins Scientific

  2. Bosch Sensortec GmbH

  3. Intertek Group PLC

  4. Neogen Corporation 

  5. Merieux NutriSciences

  6. ALS Limited

  7. Infineon Technologies AG

  8. Texas Instruments Incorporated

  9. Qualcomm Technologies, Inc.

  10. AlphaSense Inc

  11.  

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