Water Dispenser Industry Overview
The global water dispenser market size was valued at USD 1.95 billion in 2018. The market is estimated to expand further at a CAGR of 7.6% from 2019 to 2025.
Some of the factors driving the product demand include portability, easy usage and installation process, and minimal maintenance costs. Drinking water scarcity in several regions requires robust sources to meet the rising demand for safe drinking water leading to increased product sales, thereby augmenting the market growth. Rising awareness regarding the availability of energy-efficient products has also increased industry growth. For instance, in 2017, Q&C water coolers introduced an energy-efficient dispenser with smart hot and cold type, which provides 95% energy efficiency. Moreover, initiatives undertaken by various governments have led to growth in the market.
Gather more insights about the market drivers, restrains and growth of the Global Water Dispenser Market
Promotional campaigns by the leading manufacturers also helps in driving the market. Low maintenance requirements along with after-sales services provided by manufacturers also contribute to the product demand. In addition, availability of a variety of products, such as top load and wall-mounted, with direct plumbing features and simple cleaning processes will boost the demand further.
On the other hand, frequent replacement of product parts or components along with additional expenses during peak summertime may have a negative impact on the market growth. However, increased purchasing power of consumers and health concerns due to rising water pollution levels will support the product demand.
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- Drinking Water Adsorbents Market – The global drinking water adsorbents market size was estimated at USD 459.0 million in 2018 and is expected to expand at a CAGR of 4.0% from 2019 to 2025. The market is anticipated to be driven by rising concerns regarding pollution, resulting in the formulation of strict regulations.
- Bottled Water Market – The global bottled water market size was valued at USD 283.01 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.7% from 2022 to 2030.
Water Dispenser Market Segmentation
Grand View Research has segmented the global water dispenser market on the basis of product, application, and region:
Water Dispenser Product Outlook (Revenue, USD Billion, 2015 – 2025)
- Bottled
- Bottle-less
Water Dispenser Application Outlook (Revenue, USD Billion, 2015 – 2025)
- Residential
- Commercial
Water Dispenser Regional Outlook (Revenue, USD Billion, 2015 – 2025)
- North America
- Europe
- Asia Pacific
- Central & South America
- Middle East & Africa
Market Share Insights
- In 2017: Q&C water coolers introduced an energy-efficient dispenser with smart hot and cold type, which provides 95% energy efficiency.
- April 2021: Voltas Limited opened its first brand shop in Sambalpur, Odisha. The newly opened brand shop offers new range of Voltas and Voltas Beko products, Air Purifiers, comprising Air Conditioners, Air Coolers, Water Dispensers, Commercial Refrigerators, Water Coolers, Refrigerators, Washing Machines, Microwaves and Dishwashers.
Key Companies profiled:
Some prominent players in the global water dispenser market include
- Whirlpool Corp.
- Clover Co. Ltd.
- Oasis International, Inc.
- Glacial Home
- Primo Water Corp.
- Honeywell International, Inc.
- Emerson Electric Co.
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