Water Coolers Market Size to Grow by USD 698.89 Mn, Introduction of Multi-purpose Water Coolers to be a Key Trend - Technavio

This report segments the water coolers market by product (bottled water coolers and plumbed-in water coolers) and geography (Europe, North America, APAC, Middle East and Africa, and South America)

NEW YORK, Oct. 11, 2022 /PRNewswire/ -- One of the key trends in the global water cooler market is the introduction of multi-purpose water coolers. Vendors are innovating their product offerings to build brand recognition and loyalty among consumers. They are offering innovative products such as multi-purpose water coolers with additional features such as coffee makers. Such products save operational costs and space for users. These factors will fuel the market growth during the forecast period.

The global water coolers market size is expected to grow by USD 698.89 million from 2021 to 2026. In addition, the growth momentum of the market will accelerate at a CAGR of 6.2% during the forecast period, according to Technavio's latest market report.

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In terms of product, the bottled water coolers segment will be the major contributor to market growth during the forecast period. The increasing adoption of water coolers by residential users is driving the demand for bottled water coolers. These water coolers are mainly preferred by users with infrequent and fewer requirements.

In terms of geography, APAC will present significant opportunities for market vendors due to the factors such as the high urban population and the increasing lifestyle of the people residing in the urban localities. 31% of the market's growth will originate from APAC during the forecast period.

The sale of water coolers on online platforms will drive market growth during the forecast period. E-commerce websites enable customers to purchase water coolers in a convenient way. Countries such as the US, China, and the UK witnessed significant growth in the e-commerce industry in the last decade owing to the increasing Internet penetration. E-retailing allows customers to compare the features, prices, and reviews of various brands. Hence, e-commerce platforms play a major role in the growth of revenue generated by the global water coolers market.

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• AB Electrolux - The company offers a water cooler named UltimateHome.
• Aqua Clara Co. Ltd - The company offers water coolers such as Aqua Fab and Aqua Slim.
• Blue Star Ltd - The company offers water coolers such as Platinum Series and Water Coolers with inbuilt UV Purification.
• Breville Group Ltd. - The company offers a water cooler named Desktop Water Cooler Stainless Steel.
• Carrier Global Corp. - The company offers a wide range of water-cooled chillers such as AquaEdge 19MV Centrifugal Chiller and 19DV Water Cooled Centrifugal Chiller.

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will assist water coolers market growth during the next five years
• Estimation of the water coolers market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the water coolers market across Europe, North America, APAC, Middle East and Africa, and South America
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of water coolers market vendors

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments 
• Exhibit 24: Chart on Product - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product 
• Exhibit 26: Chart on Comparison by Product
• Exhibit 27: Data Table on Comparison by Product

• 5.3 Bottled water coolers - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Bottled water coolers - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Bottled water coolers - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Bottled water coolers - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Bottled water coolers - Year-over-year growth 2021-2026 (%)

• 5.4 Plumbed in water coolers - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Plumbed in water coolers - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Plumbed in water coolers - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Plumbed in water coolers - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Plumbed in water coolers - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Product 
• Exhibit 36: Market opportunity by Product ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 Europe - Market size and forecast 2021-2026
• Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.4 North America - Market size and forecast 2021-2026
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 UK - Market size and forecast 2021-2026
• Exhibit 66: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.10 China - Market size and forecast 2021-2026
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.11 France - Market size and forecast 2021-2026
• Exhibit 74: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.12 Japan - Market size and forecast 2021-2026
• Exhibit 78: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 AB Electrolux 
• Exhibit 89: AB Electrolux - Overview
• Exhibit 90: AB Electrolux - Business segments
• Exhibit 91: AB Electrolux - Key news
• Exhibit 92: AB Electrolux - Key offerings
• Exhibit 93: AB Electrolux - Segment focus

• 10.4 Aqua Clara Co. Ltd 
• Exhibit 94: Aqua Clara Co. Ltd - Overview
• Exhibit 95: Aqua Clara Co. Ltd - Product / Service
• Exhibit 96: Aqua Clara Co. Ltd - Key offerings

• 10.5 Blue Star Ltd 
• Exhibit 97: Blue Star Ltd - Overview
• Exhibit 98: Blue Star Ltd - Business segments
• Exhibit 99: Blue Star Ltd - Key offerings
• Exhibit 100: Blue Star Ltd - Segment focus

• 10.6 Breville Group Ltd. 
• Exhibit 101: Breville Group Ltd. - Overview
• Exhibit 102: Breville Group Ltd. - Business segments
• Exhibit 103: Breville Group Ltd. - Key offerings
• Exhibit 104: Breville Group Ltd. - Segment focus

• 10.7 Carrier Global Corp. 
• Exhibit 105: Carrier Global Corp. - Overview
• Exhibit 106: Carrier Global Corp. - Business segments
• Exhibit 107: Carrier Global Corp. - Key news
• Exhibit 108: Carrier Global Corp. - Key offerings
• Exhibit 109: Carrier Global Corp. - Segment focus

• 10.8 Honeywell International Inc. 
• Exhibit 110: Honeywell International Inc. - Overview
• Exhibit 111: Honeywell International Inc. - Business segments
• Exhibit 112: Honeywell International Inc. - Key news
• Exhibit 113: Honeywell International Inc. - Key offerings
• Exhibit 114: Honeywell International Inc. - Segment focus

• 10.9 KENT RO Systems Ltd. 
• Exhibit 115: KENT RO Systems Ltd. - Overview
• Exhibit 116: KENT RO Systems Ltd. - Product / Service
• Exhibit 117: KENT RO Systems Ltd. - Key offerings

• 10.10 Voltas Ltd 
• Exhibit 118: Voltas Ltd - Overview
• Exhibit 119: Voltas Ltd - Business segments
• Exhibit 120: Voltas Ltd - Key offerings
• Exhibit 121: Voltas Ltd - Segment focus

• 10.11 Whirlpool Corp. 
• Exhibit 122: Whirlpool Corp. - Overview
• Exhibit 123: Whirlpool Corp. - Business segments
• Exhibit 124: Whirlpool Corp. - Key offerings
• Exhibit 125: Whirlpool Corp. - Segment focus

• 10.12 WLI UK Ltd 
• Exhibit 126: WLI UK Ltd - Overview
• Exhibit 127: WLI UK Ltd - Product / Service
• Exhibit 128: WLI UK Ltd - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 129: Inclusions checklist
• Exhibit 130: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 131: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 132: Research methodology
• Exhibit 133: Validation techniques employed for market sizing
• Exhibit 134: Information sources

• 11.5 List of abbreviations 
• Exhibit 135: List of abbreviations

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SOURCE Technavio