The water dispensers market is anticipated to grow at a CAGR of 8.9 % during the forecast period (2022-2028). A water dispenser commonly referred to as a water cooler is a device that cools and distributes water. It is connected to the mains and offers a continuous supply of cold, hot, and boiling water. Bottle-less water coolers and bottled water coolers are the two types of water coolers available. A water dispenser usually has a refrigeration mechanism to keep the water chilled. Some models have a second dispenser that disperses hot or room temperature water suitable for tea, coffee, and other functions. The hot water comes from the other tap, which is kept in a hot tank. People are turning to trustworthy filtration processes for a safe and hygienic water intake, which is increasing their preference for dispensed water. The rising disposable income and rising health concerns among the population is expected to accelerate the market during the forecast period.
The global water dispensers market is segmented based on the water source, dispenser type, distribution type and application. Based on the water source, the market is sub-segmented into bottled water dispensers and plumbed-in water dispensers. Based on the dispenser type, the market is sub-segmented into wall-mounted, bottom load water dispensers, table topwater dispensers, direct piping water dispensers, and freestanding. Based on the distribution channel, the market is sub-segmented into direct sales, OEM, wholesalers, online sales, and service companies. Based on the application, the market is sub-segmented into residential, commercial, and industrial. Among these segments, the wall-mounted segment is expected to propel the growth of the market due to the increasing demand for wall-mounted water dispensers across the globe. These water dispensers are durable and are made of high-quality material. These dispensers give the space either at work, home or gym a beautiful appearance. The wall mounted hot and cold water dispenser are small and don’t take up much space in a room and have extra storage space at the bottom. The mini refrigerator under the wall mounted hot and cold water dispenser provides for friendly space that can store canned drinks the benefits associated with the wall-mounted dispensers are expected to propel the growth of the market during the forecast period.
The major market players in the global water dispensers market are Primo Water, Shanghai POVOS Enterprise Pvt. Ltd., Celli SPA, Honeywell International Inc., Water logic, Voltas Ltd., Culligan, Edgar, Blue Star Ltd., Culligan., among others. The market players are contributing significantly to the market’s growth by adopting various strategies, including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in January 2022, Bevi, a beverage technology firm that provides a line of smart water coolers for commercial settings, launched a new water dispenser. Users can tailor filtered and sparkling water in seconds with Bevi’s Standup 2.0 by adjusting temperature, carbonation level, and natural taste and enhancement combinations.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Water Source
- By Dispenser Type
- By Distribution Channel
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Primo Water, Shanghai POVOS Enterprise Pvt. Ltd., Celli SPA, Honeywell International Inc., Water logic, Voltas Ltd., Culligan, Edgar, Blue Star Ltd., Culligan., among others.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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Global Water Dispensers Market Report by Segment
By Water Source
- Bottled Water Dispenser
- Plumbed In Water Dispenser
By Dispenser Type
- Wall Mounted
- Load Water Dispenser
- Table Topwater Dispenser
- Direct Piping Water Dispenser
- Freestanding
By Distribution Channel
- Direct Sales
- OEM
- Wholesaler
- Online Sales
- Service Companies
By Application
- Residential
- Commercial
- Industrial
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