The market size for machinery and apparatus for filtering or purifying water in Romania reached 61.14 million Euros in 2023, reflecting a slight decline of 0.59% compared to the previous year. Over the past decade, the market experienced fluctuating growth with a notable downturn between 2016 and 2017 and a subsequent recovery peaking in 2020. Despite a recent slowdown, the last five years showed a compound annual growth rate (CAGR) of 4.34%.
Future trends to watch in the Romanian water purification market include:
- Potential for growth due to increasing demand for clean water driven by environmental awareness.
- Technological advancements in filtration and purification technologies could spur market expansion.
- Government initiatives and regulations focused on water quality standards might influence market dynamics.
How does Romania rank in Machinery and Apparatus for Filtering or Purifying Water Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 770,490,000 | 2023 | +4.37% | +6.74% | View data |
| 2 | 2 Germany | 697,360,000 | 2023 | +2.35% | +3.18% | View data |
| 3 | 3 United Kingdom | 443,060,000 | 2023 | +0.95% | -1.5% | View data |
| 4 | 4 Ireland | 64,278,000 | 2023 | -3% | -2.45% | View data |
| 5 | 5 Romania | 61,140,000 | 2023 | -0.59% | +4.34% | |
| 6 | 6 Finland | 28,083,000 | 2023 | +4.35% | +2.11% | View data |