Check out his month's “For Openers” column. The recent hurricanes, coupled with increased water quality concerns, are driving immediate demand for residential water treatment equipment.
Increased consumer awareness is contributing to the additional projected market revenues. Also, the end-user composition is set to shift from basic treatment equipment to high-end sophisticated products. This shift toward the high-end treatment equipment denotes higher profit margins from these markets as these equipments carry a higher margin when compared to the basic treatment equipment filters. Thus, with the seven-year CAGR of 6.5 percent, the profit margins for this market expect to be a notch higher, which makes this a good investment destination.