Water Dispensers Market in Saudi Arabia to Grow at CAGR 6%: TechSci Research Report

03 Mar, 2016, 10:30 ET from TechSci Research

BURNABY, Canada, March 3, 2016 /PRNewswire/ --

Scarcity of potable water and high TDS levels coupled with increasing industrialization to drive water dispensers sales in Saudi Arabia through 2021 

According to TechSci Research report, "Saudi Arabia Water Dispensers Market By Type, Competition Forecast and Opportunities, 2011 - 2021", the water dispensers market in Saudi Arabia is projected to register a CAGR of around 6% during 2016 - 2021. Growth in the market is anticipated on account of deteriorating water quality, growing water pollution and increasing health concerns among consumers. Moreover, owing to the decline in the per capita water availability, increasing urbanization and growing per capita household disposable income of consumers, the demand for clean and safe drinking water is increasing in the country, consequently driving the demand for packaged water gallons and water dispensers in Saudi Arabia.

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In Saudi Arabia, three types of water dispensers, namely, top mounted dispensers, upright dispensers and bottled dispensers, are available in the market. Among these categories, top mounted water dispensers dominated the Saudi Arabia water dispensers market in 2015, and is anticipated to maintain its dominance over the next five years as well. Few of the leading players operating in the Saudi Arabia water dispensers market include LG, Geepas, Magic, Midea, and Dosel, among others. Region-wise, North-Central region accounted for the maximum demand for water dispensers in Saudi Arabia in 2015, followed by western, eastern and southern regions.

"With growing population and increasing internet penetration, online consumers form an integral part of the target customer base. Though gradually, the water dispenser suppliers in Saudi Arabia are increasing their focus towards online sales. Online sales reduce the distribution and overhead costs, and increase the profit margins of suppliers. From the consumer's perspective, online sales are also beneficial as they can easily compare the specifications and prices of different water dispensers before purchasing the equipment. With increasing penetration of internet users, the dynamics of water dispensers market in Saudi Arabia are anticipated to change over the next five years.", said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

"Saudi Arabia Water Dispensers Market By Type, Competition Forecast and Opportunities, 2011 - 2021", has analyzed the potential of Saudi Arabia water dispensers market and provides statistics and information on market sizes, shares and trends. The report will suffice in providing the intending clients with cutting-edge market intelligence and help them in taking sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers and key challenges faced by the industry.

About TechSci Research: 

TechSci Research is a global market research and consulting company with offices in Canada, UK and India. TechSci Research provides market research consulting services in six verticals - Information Technology, Chemicals, Water & Water Recycling, Consumer Goods & Retail, Automotive and Energy & Power. The company uses proprietary innovative business model that focuses on improved productivity that also ensure the creation of high-quality reports. With more than 100 client engagements with fortune 500 clients, TechSci Research enjoys the status of a premium market research services provider in the industry.

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SOURCE TechSci Research