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Global Water Test Strip Market Growth 2024-2030

Global Water Test Strip Market Growth 2024-2030

Product Code:1149236

Published Date: Jun 20,2024

Pages: 144

Region: Global

Category: Consumer Goods

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The global Water Test Strip market size is projected to grow from US$ 244 million in 2024 to US$ 340 million in 2030; it is expected to grow at a CAGR of 5.7% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Water Test Strip Industry Forecast” looks at past sales and reviews total world Water Test Strip sales in 2023, providing a comprehensive analysis by region and market sector of projected Water Test Strip sales for 2024 through 2030. With Water Test Strip sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Water Test Strip industry.

This Insight Report provides a comprehensive analysis of the global Water Test Strip landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Water Test Strip portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Water Test Strip market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Water Test Strip and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Water Test Strip.

The core global water test strip manufacturers include Hach, Merck KGaA, ADVANTEC TOYO KAISHA and Industrial Test Systems. The top five manufacturers account for approximately 49% of the global share. Europe is the world's largest market, accounting for nearly 40% of the market share.

In terms of product type, single parameter test strips occupy a dominant position, accounting for 59% of the market share. At the same time, in terms of application, industrial is the largest application field, accounting for 77%.

This report presents a comprehensive overview, market shares, and growth opportunities of Water Test Strip market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
    Single Parameter Test Strip
    Multi-Parameter Test Strip

Segmentation by Application:
    Industrial
    Commercial
    Household

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
    Hach
    Merck KGaA
    ADVANTEC TOYO KAISHA
    Industrial Test Systems
    Jilin Test Bio-Electron
    KYORITSU CHEMICAL-CHECK Lab.
    Changchun Wancheng Bio-Electron
    MACHEREY-NAGEL
    Zhejiang Luheng Environmental Technology
    Serim Research Corporation
    Micro Essential Laboratory
    Taylor Water Technologies
    Johnson Test Papers
    LaMotte
    Precision Laboratories
    Guangdong Huankai Biotech
    Palintest

Key Questions Addressed in this Report
What is the 10-year outlook for the global Water Test Strip market?
What factors are driving Water Test Strip market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Water Test Strip market opportunities vary by end market size?
How does Water Test Strip break out by Type, by Application?