Market Analysis and Insights: Global Water Dispensers Market
Water Dispensers market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 7.2% in the forecast period of 2020 to 2027 and expected to reach USD 3,600,926.33 thousand by 2027. Increasing demand of instant hot and cold water among consumers is a driving factor for the market growth.
Rising awareness of the consumer towards the consumption of clean water for healthy living will increase the consumption of water dispensers products which drives the market.
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This water dispensers market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Global Water Dispensers Market Scope and Market Size
Global water dispensers market is segmented on the basis of type, cooling capacity, storage capacity, dimension, water type, color, compartment-type water cooler, distribution channel and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• On the basis of type, the market is segmented into with direct piping/point of use (POU) and bottled water dispensers. The demand of direct piping/point of use (POU) segment is dominating because of the preferences of the consumers for huge capacity of the water supplying system to fulfil the requirement of the large size of population.
• On the basis of cooling capacity, the market is segmented into 2 Ltr/Hr, 3 Ltr/Hr, 5 Ltr/Hr and more than 5Ltr/Hr globally, more than 5Ltr/Hr is dominating due to huge storage capacity which keeps the water cool as well as hot as per the requirement and for the longer duration.
• On the basis of storage capacity, the market is segmented into 20 liters, 40 liters, 80 liters, 120 liters, 150 liters, 380 liters and others. Globally, the demand of 20 liters has been growing very rapidly because 20 liters of storage capacity of bottles is very much convenient to carry which can easily be placed in water dispensers.
• On the basis of dimension, the market is segmented into 315X330X490 MM, 310X345X996 MM, 370 X380X1000MM, 400X400X1060 MM, 440X440X1185 MM, 665X485X1210 MM, 755X575X1240 MM, 812X612X1210 MM, other. Globally, 315X330X490 MM is dominating in the market because of increasing demand of freestyle products which can easily be carried from one place to another which increases the demand of water dispensers.
• On the basis of water type, the market is segmented into with combination, hot water, cold water and normal water. Globally, the demand of combination in water dispensers has increased because the combination water type is more cost effective and convenient as compare to others.
• On the basis of color, the market is segmented into black, silver, white and others. Globally, white color is dominating because the white color is more vibrant as compare to others in water dispensers.
• On the basis of compartment-type water cooler, the market is segmented into with refrigerated compartment and without refrigerated compartment. Globally, the without refrigerated compartment are dominating because of less electricity consumption.
• On the basis of distribution channel, the market is segmented into direct, supermarkets/hypermarkets, specialty stores, e-commerce, others. Globally, direct is dominating because the consumers get variety of products at one place which further boosts the demand of water dispensers.
• On the basis of application, the market is segmented into residential, corporate offices, schools/university, hospitals, hotels, restaurants and bars, industrial others. Globally, schools/university is dominating because of the huge demand of clean water for the consumption of children which further boosts the demand of water dispensers in the market.
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Water Dispensers Market Country Level Analysis
Water dispensers market is analysed and market size information is provided by country type, cooling capacity, storage capacity, dimension, water type, color, compartment-type water cooler, distribution channel and application as referenced above.
The countries covered in water dispensers market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Rest of Europe, Japan, China, South Korea, India, Australia and New Zealand, Singapore, Thailand, Hong-Kong, Taiwan, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, U.A.E., Israel, Rest of Middle East & Africa.
• In the North America region, the U.S. is dominating as the commercial offices are growing very rapidly in the region. Also, with the increasing consumption of automatic dispensers, the demand for water dispensers is growing. Asia-Pacific dominates the water dispensers market as in China; the consumers are more aware towards their health which demands healthy and clean water which is majorly increasing the usage of water dispensers. China is also leading the growth of the Asia-Pacific market due to easy installation feature of the water dispensers, while Germany is dominating the European market due to the instant demand of the consumers for the consumption of cold and hot water in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rising Demand of Touch Less and Gesture Control Technologies of Water Dispensers
Water dispensers market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in water dispensers and changes in regulatory scenarios with their support for the water dispensers market. The data is available for historic period 2010 to 2018.
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Competitive Landscape and Water Dispensers Market Share Analysis
Water dispensers market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to global water dispensers market.
The major players covered in the report are BRITA GmbH, WHIRLPOOL CORPORATION, Honeywell International Inc, Emerson Electric Co., MIDEA GROUP, Merck KGaA, Waterlogic Holdings Limited, Ningbo Jewin Electrical Appliances Co.,Ltd, YUYAO KOKO INTERNATIONAL TRADING CO., LAMO Electrical Appliance Group Co., Ltd, Clover Co.,Ltd., VOLTAS, INC., Blue Star Limited, Glacial Home., OVIO, Affordable Water, PRIMO WATER COOPERATION, Aqua-Fine, Inc., Aqua Clara, inc, aQto GmbH, APS TECH, Blupura Srl. among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of water dispensers market.
For instance,
• In January 2020, Midea Group done a partnership with CORINTHIANS which highlights on the back of the team shirt for the 2020 Season of Brazilian Football. The partnership helps in increasing goodwill and generates revenue of the company in the market.
• In March 2017, Merck KGaA, has launched the global availability of the Milli-Q IQ 7000 system, the seventh-generation Milli-Q water purification breakthrough. The product launch helped in increasing the customer base and generates revenue of the business.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for water dispensers through expanded range of size.
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