Water Dispenser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Water Dispenser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A6562
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Market Overview:

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. The rising prevalence of waterborne diseases, continuous product innovations in water filtration systems, and growing awareness regarding the need for environmental sustainability represent some of the key factors driving the market.

A water dispenser is a household or office appliance that dispenses clean drinking water. It is a convenient alternative to traditional water pitchers or tap water, which may contain impurities or have poor taste. It consists of a water tank, a filter, and a dispenser faucet that provide an unlimited supply of filtered, safe drinking water at any workplace by plumbing into the existing water source system. It is a filtration system that removes impurities, such as chlorine, sediment, and bacteria, from the water before it is dispensed. The filters may need to be replaced periodically to ensure optimal water quality. As a result, it offers a range of advantages, making them a popular choice for homes, offices, and public spaces, including providing access to clean drinking water, convenience, cost-effectiveness, environmentally friendly, versatility and hot and cold-water options. Besides this, due to the ease of installation process and usage and low maintenance costs, there has been a considerable rise in the demand for water dispensers across commercial and industrial sectors.

Global Water Dispenser Market

Water Dispenser Market Trends:

The global market is primarily driven by the widespread demand for clean drinking water. Coupled with the rising prevalence of waterborne diseases and contamination of tap water, consumers are looking for safe and convenient ways to access clean drinking water, which is providing a boost to the overall market for water dispensers as they provide a reliable source of freshwater. Along with this, the growing health consciousness among the masses is also a key driving factor for the water dispenser market as individuals are choosing to drink more water instead of sugary drinks to promote better health and well-being. Apart from this, continual technological advancements and continuous product innovations in water filtration and purification systems are impacting the market favorably. Additionally, the development of smart water dispensers with Wi-Fi connectivity and mobile apps has made it easier to monitor water usage and track filter replacement, further influencing the demand on the global level. Furthermore, the rising awareness regarding the need for environmental sustainability has propelled the demand for sustainable products, which, in, turn is, driving the uptake for water dispensers as they eliminate the need for single-use plastic bottles. Other factors, including rapid urbanization and industrialization and easy product availability via online and offline organized distribution channels, are also acting as growth-inducing factors.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global water dispenser market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, operations, technology, distribution channel and application.

Type Insights:

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

The report has provided a detailed breakup and analysis of the water dispenser market based on the type. This includes bottled (top-loading and bottom-loading) and point-of-use. According to the report, bottled represented the largest segment.

Operations Insights:

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

A detailed breakup and analysis of the water dispenser market based on the operations has also been provided in the report. This includes free standing, countertop, under the sink and wall mounted.

Technology Insights:

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

The report has provided a detailed breakup and analysis of the water dispenser market based on the technology. This includes filter-free and filtered (RO and filters and cartridges).

Distribution Channel Insights:

  • Retail Stores
  • Non-branded Stores
  • Online Stores
     

A detailed breakup and analysis of the water dispenser market based on the distribution channel has also been provided in the report. This includes retail stores, non-branded stores and online stores. According to the report, retail stores accounted for the largest market share. 

Application Insights:

  • Commercial
  • Residential
  • Industrial
     

The report has provided a detailed breakup and analysis of the water dispenser market based on the application. This includes commercial, residential and industrial. According to the report, the commercial application represented the largest segment.

Regional Insights:

  • 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
     

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America was the largest market for water dispenser. Some of the factors driving the North America water dispenser market included the growing health consciousness, increasing population, rising demand for convenient water purification systems, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global water dispenser market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include A. O. Smith Corporation, 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, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2022
Historical Period 2017-2022
Forecast Period 2023-2028
Units US$ Billion
Segment Coverage Type, Operations, Technology, Distribution Channel, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered A. O. Smith Corporation, 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 and Waterlogic Plc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Questions Answered in This Report:

  • How has the global water dispenser market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global water dispenser market?
  • What is the impact of each driver, restraint, and opportunity on the global water dispenser market?
  • What are the key regional markets?
  • Which countries represent the most attractive water dispenser market?
  • What is the breakup of the market based on the type?
  • Which is the most attractive type in the water dispenser market?
  • What is the breakup of the market based on the operations?
  • Which is the most attractive operations in the water dispenser market?
  • What is the breakup of the market based on technology?
  • Which is the most attractive technology in the water dispenser market?
  • What is the breakup of the market based on distribution channel?
  • Which is the most attractive distribution channel in the water dispenser market?
  • What is the breakup of the market based on application?
  • Which is the most attractive application in the water dispenser market?
  • What is the competitive structure of the global water dispenser market?
  • Who are the key players/companies in the global water dispenser market?

Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the water dispenser market from 2017-2028.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the global water dispenser market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets within each region.
  • Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the water dispenser industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.

Need more help?

  • Speak to our experienced analysts for insights on the current market scenarios.
  • Include additional segments and countries to customize the report as per your requirement.
  • Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  • For further assistance, please connect with our analysts.
Water Dispenser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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