Global Water Dispenser Market Size, Share, Industry Demand, Growth, Trends & Report 2023-2028

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IMARC Group, a leading market research company, has recently releases report titled “Water Dispenser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global Water Dispenser market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big Is The Water Dispenser Market?

Global water dispenser market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028.

What are Water Dispenser?

Water dispensers represent the devices that are manufactured to distribute filtered water conveniently. The unit connected to the mains circulates liquid through a refrigeration unit that dispenses the water continuously. Apart from offering cooled water, various product variants equipped with a heater tank are utilized to distribute hot or boiling water to the users. Dispensing water is generally controlled by a button or knob from a source through a spigot or tap. Users simply need to press a button or turn a knob to release water into the funnel, whether they are using bottled variants or bottle-less water coolers. Owing to low maintenance costs, the ease of usage and installation process, and the portability of the product, water dispensers are extensively utilized in residential and commercial buildings.

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What Are The Growth Prospects And Trends In The Water Dispenser Industry?

The escalating demand for safe drinking water, on account of the scarcity of liquid in several regions and the rising levels of groundwater depletion and contamination, is among the primary factors driving the water dispenser market. In addition to this, the increasing consumer awareness toward various water-borne diseases and the importance of consuming clean water for healthy living is further augmenting the market growth. Moreover, the introduction of multi-stage filtration with reverse osmosis (RO) and ultraviolet (UV) techniques is also catalyzing the global market.

Apart from this, the inflating per capita income levels, the emerging trend of industrialization and urbanization, continual technological advancements, and the extensive research and development (R&D) activities are acting as significant growth-inducing factors. Furthermore, the easy availability of several product variants, such as top load and wall-mounted with direct plumbing features, across the online and offline organized retail channels is anticipated to propel the water dispenser market over the forecasted period.

What Is Included In Market Segmentation?

The report has segmented the market into the following categories:

Key Market Segmentation:

Type Insights:

  • Bottled
    • Top-Loading
    • Bottom-Loading
  • Point-of-Use

Operations Insights:

  • Free Standing
  • Countertop
  • Under the Sink
  • Wall Mounted

Technology Insights:

  • Filter-Free
  • Filtered
    • RO
    • Filters and Cartridges 

Distribution Channel Insights:

  • Retail Stores
  • Non-branded Stores
  • Online Stores 

Application Insights:

  • Commercial
  • Residential
  • Industrial

Market Breakup by Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

Who Are The Key Players Operating In The Industry?

The report covers the major market players including: 

  • Blue Star Limited
  • Clover Co. Ltd.
  • Culligan Water
  • Electrolux AB
  • Haier Group Corporation
  • Honeywell International Inc.
  • Midea Group, Panasonic Holdings Corporation
  • Primo Water Corporation
  • The Clorox Company, Voltas Limited, Waterlogic Plc

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IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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