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IMARC Group’s report titled “Water Dispenser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The 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.
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.
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/water-dispenser-market/requestsample
Water Dispenser Market Trends and Drivers:
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.
Report Segmentation:
The report has segmented the market into the following categories:
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
Competitive Landscape with Key Player:
- 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
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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