Global Water Dispenser Market by Application (Commercial, Residential), by Product (Bottle-less, Bottled) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

In 2018, the global water dispenser market was worth USD 1.95 billion. It is expected that the market will grow at 7.6% CAGR between 2019 and 2025. Product demand is driven by factors such as portability, ease of use and installation, and low maintenance costs. Market growth is boosted by the growing demand for safe drinking water in many regions.

Industry growth has been accelerated by increasing awareness about the availability of energy-efficient goods. Q&C introduced a smart hot/cold dispenser in 2017 that provides 95% energy efficiency. The market has also seen growth due to initiatives taken by different governments.

Market growth is also helped by promotional campaigns run by top manufacturers. The product demand is also supported by low maintenance requirements and after-sales service provided by the manufacturers. The demand will be further boosted by the availability of many products such as wall-mounted and top load, which have direct plumbing features and easy cleaning procedures.

However, market growth may be affected by the need to replace product components and additional costs during peak summer. Product demand will be supported by rising water pollution levels and increased buying power.

Product Insights

The market's largest segment, the bottled product segment, accounted for more than 68% of the market in 2018. It is expected to continue its dominance in the future. The key driver of this segment is the rising demand for bottled waters. Additionally, the lower initial cost and ease of installation will likely increase product demand.

The fastest projected CAGR for bottle-less products is 8.61% between 2019 and 2025. These products don't require water bottles to be loaded and unloaded on the machine. This is an important factor driving segment growth. These products can be connected directly to water pipelines so they can be used at all times without the need to use water bottles. These products are mostly used in restaurants and hotels.

Application Insights

The largest market share was held by the commercial application segment in 2018. This segment is driven by the rising demand for clean water in commercial spaces. This segment will also be impacted by the inability to obtain water from several commercial buildings. From 2019 to 2025, residential application will be the fastest growing segment.

This is due to increasing use of water purification products in residential areas, particularly in developing countries such as India and China, which are unable to obtain clean and fresh water. The segment will also grow because of the increasing supply of low-quality water sources in residential areas, due to rising pollution levels.

Regional Insights

North America will be the largest region market for the forecast period, due to the high demand in North America for home appliances. The strong presence of major manufacturers such as Honeywell, Emerson Electric and Whirlpool Corp. also helps to boost product sales, which in turn fuels regional market growth.

Asia Pacific will experience the highest CAGR at 9.84% between 2019 and 2025 due to the growing demand for water purification products and appliances in countries like India and China. India's consumer appliances market is expected to grow at a healthy rate over the forecast period. The demand will be boosted further by the increased purchasing power in APAC countries. Many international companies are also entering the region market with technologically advanced products. This will also contribute to market growth in the future.

Market Share Insights & Key Companies

Markets are identified through strategic activities such as mergers, acquisitions, product innovation, marketing campaigns and capacity expansions initiated by key manufacturers. Whirlpool Corp., Clover Co. Ltd., Oasis International, Inc., Glacial Home, Primo Water Corp., Honeywell International, Inc., and Emerson Electric Co. are some of the most prominent players in this industry.

Market Report Scope for Water Dispensers

The Report Covers Certain Segments

This report predicts revenue growth at the global, regional and country level and offers an analysis of industry trends in each sub-segment from 2015 to 2025. Up Market Research has divided the global water dispenser market report by product, region, and application.

• Product Outlook (Revenue, USD Billion, 2015 - 2025)

  • Bottled

  • Bottle-less

• Application Outlook (Revenue, USD Billion, 2015 - 2025)

  • Residential

  • Commercial

• Regional Outlook (Revenue USD Billion, 2015-2025)

  • North America

    • The U.S.

  • Europe

    • Germany

    • The U.K.

  • Asia Pacific

    • China

    • India

  • Central & South America

    • Brazil

  • Middle East & Africa

    • South Africa

These are the most frequently asked questions about this report

b. Global water dispenser market was valued at USD 2.10 Billion in 2019, and is projected to grow to USD 2.27 Billion by 2020.

b. Global water dispenser market will grow at 7.5% compound annual growth rate from 2019 to 2025, to reach USD 3.26 Billion by 2025.

b. With a market share of 40.9%, North America was the dominant country in the water dispenser market in 2019, This can be attributed to increasing consumer spending and high demand for home appliances in countries like the U.S.

b. Whirlpool Corp., Clover Co. Ltd., Oasis International, Inc., Glacial Home, Primo Water Corp., Honeywell International, Inc., and Emerson Electric Co. are some of the key players in the water dispenser market.

b. Product features like portability, ease of use and installation; and low maintenance costs are key factors driving market growth.

Up Market Research published a new report titled “Water Dispenser Market research report which is segmented by Application (Commercial, Residential), by Product (Bottle-less, Bottled), By Players/Companies Whirlpool Corp; Clover Co Ltd; Oasis International, Inc; Glacial Home; Primo Water Corp; Honeywell International, Inc; and Emerson Electric Co”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

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 Water Dispenser Market Report Segments:

The market is segmented by Application (Commercial, Residential), by Product (Bottle-less, Bottled).

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 Water Dispenser Market

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

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

                1. Commercial

                2. Residential

                1. Bottle-less

                2. Bottled

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 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.

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Reasons to Purchase the 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.