Water Dispenser Market Size to Reach Revenues of USD 1,185.94 Million by 2026 - Arizton

CHICAGO, Aug. 16, 2021 /PRNewswire/ -- In-depth analysis and data-driven insights on the impact of COVID-19 included in this global water dispenser market report.

The water dispenser market is expected to grow at a CAGR of over 7.35% during the period 2020−2026.

Key Highlights Offered in the Report:  

1.  The global water dispenser market is expected to pose an absolute growth of over 53% during the forecast period with high potential in APAC and Latin America.

2.  By type, point-of-use systems is the fastest-growing segment, which is expected to account for over 34% share of the total shipments by 2026.

3.  In Europe, the free-standing segment is expected to generate incremental revenue of USD 51.09 million, with high threat from countertop segment.

4.  With high preference for RO technology, the filtered segment is seen as the future of water dispensers, where the expected incremental sales are over 0.5 million units.

5.  Following the impact of pandemic, the scope for the adoption of touchless, sensor infused water dispensers is high in waiting rooms, reception, consulting rooms, surgical centers, senior living facilities, and doctor rooms of healthcare facilities.

6.  Cities like Tokyo, which has over 200 coworking spaces, as well as Fukuoka and Osaka, can be targeted for hot water dispensers during the forecast period.

Key Offerings:

• Market Size & Forecast by Revenue | 2020−2026
• Market Dynamics – Leading trends, growth drivers, restraints, and investment opportunities
• Market Segmentation – A detailed analysis by type, operations, technology, applications, distribution channels, and geography
• Competitive Landscape – 5 key vendors and 28 other vendors

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Water Dispenser Market – Segmentation

• The bottled segment accounted for a 65.57% share of the total revenue share in 2020, with major markets being North America and APAC. While a majority of the established players such as Avalon still operate in the bottled segment, the demand for bottled countertop dispensers is prominent in certain commercial and corporate spaces owing to their elegant design and functionality.
• Free-standing dispensers are the most common type found in commercial spaces where the demand for downpour quantity is high. While larger footprint and energy efficiency are considered as challenges, countertop variants are expected to account for a major market share during the forecast period.
• The filter-free segment accounted for a 64.54% market share in terms of revenue in 2020 and is expected to pose an absolute growth of 50.53% during the forecast period. The opportunity is also exploited through add-on features, sensitive pricing strategies, quality customer service, free inspection and maintenance, and other customer benefits.

Water Dispenser Market by Type

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

Water Dispenser Market by Operations

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

Water Dispenser Market by Technology

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

Water Dispenser Market by Applications

• Commercial
• Corporate Spaces
• QSR, Hotels & Restaurants
• Retail Stores
• Educational Institutions
• Healthcare
• Public & Municipality
• Recreational Centers
• Others
• Residential

Water Dispenser Market by Distribution

• Online
• Offline

Water Dispenser Market – Dynamics

In the highly competitive global water dispenser market, it has become inevitable for the players to get ahead of the competition with the incorporation of distinctive features and attributes either in terms of operation, design, installation, filtration, or technology in their products. Accordingly, the introduction of innovative features that are aimed at elevating the customer experience is expected to be a game changer over the next 5 years. Vendors are expected to have an eye on feature enhancements that can serve as a differentiating factor to accelerate the adoption of water dispensers among millennial and tech-savvy households in the US, Europe, and Middle Eastern markets. Capitalizing on water quality, maintenance, accessibility, and sensors are recommended. Some of the other major features of water dispensers that are gaining prominence in recent years are mentioned below. The demand for hands-free hydration methods has risen in recent years, especially with the onset of the COVID-19 pandemic in 2020. Significant players like Waterlogic are offering hands-free water dispensers with foot-operated pedals. The brand also offers the facility to integrate the feature into any existing water dispenser.

Key Drivers and Trends fueling Market Growth:

• Preference for Eco-friendly POU Systems
• Emergence of Coworking Spaces
• Demand for Clean & Filtered Water
• High Adoption in Commercial Establishments

Water Dispenser Market – Geography

The rising incidence of waterborne diseases demands instant access to hot and cold water, the significance of filtered water, the impact of plastic and bottled water, campaigns from environmental agencies, and governing bodies regulating safe drinking water are influencing the market for water dispensers globally. With the impact of the COVID-19 pandemic in 2020, the significance of safe and healthy water has surged in the developing economies of Africa and APAC. Accordingly, APAC, Latin America, and the Middle East & Africa are together expected to account for a 53.50% share of the global water dispenser market during the forecast period in terms of unit shipments. The level of adoption is highly influenced by the growing demand for on-the-go food culture, price points, technology, customer knowledge, space constraints, and concerns with huge initial investments of the equipment. Further, the global leaders in the industry are concentrated in the US, followed by Europe, which is the backbone for the growth and significance in the market.

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Water Dispenser Market by Geography

• North America
• US
• Canada
• Europe
• Germany
• UK
• Italy
• France
• Spain
• APAC
• China
• Japan
• South Korea
• India
• Australia
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE

Major Vendors

• Culligan
• Waterlogic
• Primo Water Corporation
• Canaletas
• Celli Group

Other Prominent Vendors

• Avalon Water Coolers
• Blue Star
• Voltas
• Atlantis
• Clover
• Midea Group
• Ningbo Jewin Electrical Appliances
• Aqua Clara
• Alpine Coolers
• Ningbo Lamo Drinking Water Equipment
• Bibo
• Glug Glug Glug
• Arctic Coolers
• AquAid
• BRITA
• Alfred Karcher
• Mistral
• Vista France
• Sure International
• Mt. Fuji Springs
• Aimex Australia
• Royal Sovereign
• Sprudel
• CWAY Group
• Aquazania
• SEONE
• GHP Group
• Elkay Manufacturing Company 

Explore our consumer goods & retail technology profile to know more about the industry.

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