Global Soda Water Dispenser Market by Dispenser Style (Push Button, Lever), by Product (Drop-in, Countertop) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global soda water dispenser market was worth USD 1.0 billion in 2018. It is projected to grow at a compound annual rate (CAGR of 5.4%) between 2019 and 2025. You can find soda dispensers in fast-food restaurants. Sparkling water is in high demand and this leads to a higher market demand. Restaurants have begun installing bubbly drink machines in their restaurants to increase sales.

The key driver is the high penetration of soda dispensers at restaurants and bars as well as small-town diners. The soda dispenser lowers packaging and bottling costs and provides higher profit margins for its owners. This will result in an increase in sales over the forecast period. It is also perceived by consumers as being a refreshing alternative to soda bottles and cans, which helps it gain market share.

Soda fountains can also be used to reduce the need to store large quantities of beverages containers. The industry has seen a rise in sales of beverage dispensers due to increased awareness about how to dispose of aluminum cans and plastic bottles. Regular tap water is used to make soda drinks in dispensers, which has reduced the need for water containers.

This allows for less production of plastic bottles and creates a more plastic-free environment. The incorporation of soda machines into the industry reduces the cost of transporting bottle containers. You can also customize your drink by mixing different flavors into one drink. This increases its market penetration.

This product allows consumers to store their favorite drinks in a dispenser. It also saves time and makes drinks available for immediate consumption at restaurants and parties. The cost of hiring bartenders to serve the drinks at parties and events is reduced by using such machines. The soda machines can be kept in commercial areas and institutions to help keep employees hydrated and active during the work day.

Product Insights

In 2018, the countertop segment held the largest share at 69.1%. This segment's growth is due to its ease of installation. It must be placed above any counter space. The machine is also very easy to use for the production of flavored soda drinks. It also has an ice bin that is mounted on top of the machine, which makes it easy to dispense ice. Customers will also appreciate the convenience of an automated technology that refills the ice on countertop types. This technology also ensures that customers receive clean ice during dispensing.

Drop-in is the fastest-growing segment. It has a CAGR 6.4% between 2019 and 2025. Drop-in machines have a large space at the bottom that can be used to fill the soda or ice. This large area is used for operation and small tasks, which helps to increase the machine's popularity in the market. The machine's extra space is a big draw for restaurants and bars. It is simple to use, and is easier to use than countertop models. This will help fuel the growth of this product in the future. The dispenser is also less expensive for buyers. The machine's safety flush increases its market demand.

Dispenser Style Insights

The largest share, 71.3%, was held by lever dispensers in 2018. This segment is driven by increasing consumer preference to be able to drink soda from a machine that can do it all. The push function is sanitary and consumers can use the cup to touch the lever to dispense a drink. A rocking dispenser makes it easy for customers to make a drink. The lever allows the cup to be placed directly below the valve, which reduces the risk of spillages and mess around the dispenser.

The fastest growing segment, the push-button, is expected to grow at 6.9% CAGR over the forecast period. This segment is driven by its simple design and easy-to-use feature. It also provides quick response time to provide a drink with just one touch. In the event that a customer disapproves of a particular flavor, the feature allows us to immediately stop dispensing. The segment will also benefit from a convenience feature that allows customers to place their cup down while dispensing.

Regional Insights

North America dominated the market in terms of value with 42.1% of the total market in 2018. This market is being driven by the increasing penetration of fast-food restaurants like Subway, McDonald's and KFC. These restaurants have soda machines that can be used to quickly deliver drinks to their customers. The soda machine market has seen significant growth due to the presence of major manufacturers such as Dr. Pepper, Pepsico Inc., Coca-Cola Company and Pepsico Inc. Rising demand for fresh soda drinks is the reason soda water dispenser market growth has occurred.

Asia Pacific is projected to grow at 7.4% CAGR over the forecast period. This is due to rising soda machine demand in fast-food restaurants in countries like China and India. Due to rising purchasing power and inclination to use cost-effective products as well as rising government initiatives, the demand for soda machines is expected to increase. Because it uses paper cups for delivery, the soda water dispenser is a green machine. This has resulted in a decrease in plastic bottle sales, which has helped to boost the Asia Pacific market.

Market Share Insights & Key Companies

In countries like Brazil, India, China and India, there is a rising demand for soda dispensers. This leads to innovation and market growth.

The Coca-Cola Company, for example, launched a new generation soda dispenser in May 2018. It features a touch screen design that makes it easy to use and quick. The market's growth is due to an increase in manufacturers and growing consumer demand for quick and fresh soda drink options. The market for soda water dispensers includes the following:

• Coca-Cola Company

• Pepsico Inc.

• Dr. Pepper

• Lancer Corp.

• Cornelius, Inc.

Up Market Research published a new report titled “Soda Water Dispenser Market research report which is segmented by Dispenser Style (Push Button, Lever), by Product (Drop-in, Countertop), By Players/Companies Dr Pepper, Cornelius Inc, Lancer Corp, Pepsico Inc, The Coca-Cola Company”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Soda Water Dispenser Market Report Segments:

The market is segmented by Dispenser Style (Push Button, Lever), by Product (Drop-in, Countertop).

Soda Water Dispenser Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Soda Water Dispenser Market

Overview of the regional outlook of the Soda Water Dispenser Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Soda Water Dispenser Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Soda Water Dispenser Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Push Button

                2. Lever

                1. Drop-in

                2. Countertop

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Soda Water Dispenser Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Soda Water Dispenser Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.