Europe Water Dispensers Market Trends, COVID-19 Impact, Business Opportunities, Strategies, Key Players Analysis and Forecast
The leading Europe Water Dispensers Market analysis report consists of extensive study about diverse market segments and regions, emerging trends along with major drivers, challenges and opportunities in the market. Market segmentation is a significant parameter that categorizes the market depending upon application, vertical, deployment model, end-user, and geography etc. This report also provides CAGR value fluctuation in percentage during the forecast period of 2023-2030 for the market. Additionally, the widespread Europe Water Dispensers Market research report has been structured by keeping in mind all the foremost aspects of the market research that put forth market landscape simply into focus.
In recent years, rising public awareness of the importance of clean water and economic growth in emerging countries, particularly in Asia-Pacific, have boosted mainly the market for water dispensers. Furthermore, the market is expected to gain traction over the forecasted period due to various technological advancements that increase the ability to treat water while lowering prices. The scenario is expected to produce promising sales prospects for participants in the global water dispensers market over the forecast period.
Data Bridge Market Research analyses that the water dispensers market was valued at USD 741.75 million in 2021 and is expected to reach the value of USD 1293.65 million by 2029, at a CAGR of 7.2% during the forecast period of 2022 to 2029.
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Market Definition
A water dispenser, also known as a water cooler, is a device that chills and distributes water. It is plugged into the mains and provides a constant cold, hot, and boiling water flow. The two types of water coolers available are bottle-less water coolers and bottled water coolers.
Some of the major players operating in the water dispensers market are:
Blue Star Limited (India)
Voltas Inc, (India)
Atlantis Products Pvt. Ltd. (India)
Avalon Water Coolers (U.S.)
Mistral Solutions Pvt. Ltd., (India)
Midea Group (China)
Ningbo Jewin Electrical Appliances (China)
Aqua Clara International (U.S.)
Alpine Coolers (U.S.)
Ningbo Lamo Drinking Water Equipment Co. Ltd., (China)
Bibo (China)
Glug Glug Glug (U.K)
Arctic Coolers (Switzerland)
AquAid Franchising Limited (U.K)
BRITA (Germany)
Vista France (France)
Sure International (UAE)
Mt. Fuji Springs Inc., (Japan)
Aimex Australia (Australia)
Royalsovereign, Inc. (U.S)
Alfred Kärcher SE & Co. KG (Germany)
Drivers
[if !supportLists]· [endif]Rising levels of groundwater contamination
Rising levels of groundwater contamination and increased adoption of water coolers in commercial institutes such as offices, colleges, and the hospitality sector drive market growth. Furthermore, the market's growth is expected to be aided by the depletion of natural water resources and rising demand for safe drinking water.
The rising consumer awareness of the importance of drinking clean water for a healthy lifestyle, combined with the benefits of water dispensers such as low maintenance costs, ease of use and installation, and portability, are expected to drive the growth rate of the water dispensers market even further. Furthermore, rapid industrialization and urbanization are expected to boost growth by increasing demand for clean and purified water.
[if !supportLists]· [endif]Various beneficial characteristic of the product
The properties of this product, such as portable size, availability of water dispenser in a variety of types and prices that cover a wide range of customers, ease of use, cleaning and hygiene, are the key factors that drive market growth.
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Europe Water Dispensers Market Scope
The water dispensers market is segmented on the basis of type, cooling capacity, storage capacity, dimension, water type, color, compartment-type water cooler, distribution channel, filtration technology, components and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
Direct Piping/Point Of Use
Bottled Water Dispensers
Cooling capacity
2 Ltr/Hr
3 Ltr/Hr
5 Ltr/Hr
More Than 5 Ltr/Hr
Storage capacity
20 liters
40 liters
80 liters
120 liters
150 liters
380 liters
Others
Dimension
315X330X490 MM
400X400X1060 MM
440X440X1185 MM
665X485X1210 MM
755X575X1240 MM
812X612X1210 MM
Others
Water type
Combined
Hot Water
Cold Water
Normal Water
Color
Black
Silver
White
Others
Compartment-Type Water Cooler
With Refrigerated Compartment
Without Refrigerated Compartment
Distribution channels
Direct, Supermarkets/Hypermarkets
Specialty Stores
E-Commerce
Others
Filtration Technology
Osmosis
Filtration cartridge
Components
Electro valves
Flow meters
Soda regulation screws
Pressure switches/transducers
Quick adapter tubes
Anti-flood devices
Water Pressure Regulator
Drip Tray
Puncture Tube Pencil Needle
Others
Application
Residential
Corporate Offices
Schools/University Hospitals
Hotels
Restaurants and Bars
Industrial
Others
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