Water Dispensers Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029

Consistently Growing Commercial Construction Sector Worldwide to Ensure Continued Demand for Water Dispensers

Pure water supply is one of the most crucial concerns faced by different commercial and public places. Subsequently, water purifiers market has gained immense pace over the past few years. Nevertheless, higher cost of water purifiers has ensured packaged water bottles to emerge as a strong business directed majorly towards commercial spaces. Due to lesser cost, ease of installation and reduced maintenance dispensers are gaining rapid popularity among commercial spaces worldwide. Due to continued growth observed in commercial construction sector worldwide, water dispensers are set to continue exhibiting increased growth over the forecast period. Water dispensers are widely used in commercial spaces such as corporate offices, public transport spaces, educational institutes, entertainment areas, shopping malls and several others. All these factors are expected to contribute towards a compounded annual growth rate (CAGR) of 7.9% during the forecast period 2021 - 2029.

Bottled Water Dispensers to Retain their Dominance throughout the Forecast Period

In 2020, the bottled water dispensers segment led the overall market with a share, in terms of revenue, of over 70% across the globe. These are the most convenient type of water dispensers and require lesser hassle in installation, operation and maintenance as compared to piped-in water dispensers. Bottled water dispensers are available in different configurations including top loading and bottom loading which further adds to the convenience of the segment. Additionally, they are portable and can be installed anywhere irrespective of water piping. Piped-in water dispensers on the contrary require lesser cost for operation and maintenance. Nevertheless, being dependent upon water piping infrastructure, they offer lesser portability as compared to the bottled counterparts. Thus, bottled water dispensers segment would continue dominating the market throughout the forecast period.

Asia Pacific to Demonstrate the Fastest Growth in the lieu of its Rising Commercial Construction and Industrial Sectors

Asia Pacific dominates the overall water dispensers market with over 35% share globally. China and India are the key markets for water dispensers due to their proliferating commercial construction sector. Due to presence of huge IT sector, corporate office spaces have witnessed profound growth in the countries over the period. In addition, increasing number of entertainment spaces, shopping malls and improving public transport is another major factor supporting the market growth. With continually growing corporate sector in Asia Pacific, the region is expected to register the fastest growth during the forecast period. The Asia Pacific market is followed by Europe and North America.

Large Number of Water Dispenser Vendors to Ensure a Fragmented and Competitive Market

The overall water dispensers market worldwide is fragmented in nature having numerous international and regional companies operating in the market. Water dispensers form an adjacent market for water purifiers having significant effect on the sales of latter. As a result, majority of the water purifier companies have already entered the water dispensers segment in order to maintain their position in both the markets. The market comprises numerous regional and international players having presence in both purifier and dispenser segments, making it quite competitive in nature. Market players focus on offering water dispensers with added functionalities in order to attract the customers.

Some of the major water dispenser vendors profiled in the report include Alpine Coolers, Angel Springs Ltd., AO Smith Corporation, Aqua Clara, Inc., Blue Star India Ltd., CELLI S.p.A., Clover, Crystal Quest, Culligan International Company, Ebac Water Coolers, Electrolux AB, Haier Group, Honeywell International, Inc., Midea Group, OASIS International, Voltas Ltd., Waterlogic Plc. and Whirlpool Corporation among others.

Historical & Forecast Period

This research report presents the analysis of each segment from 2019 to 2029 considering 2020 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2021 to 2029.

Key questions answered in this report

• What was the market size of water dispensers in 2020 and forecast up to 2029?
• Which is the largest regional market for water dispensers?
• What are the major trends followed in overall water dispensers and water purifiers markets across different regions?
• What are the key market trends observed in the water dispensers market?
• Who are the key water dispensers companies leading the market?
• What are the key strategies adopted by the leading water dispensers companies in market?

Unique data points of this report

• Statistics on commercial construction sector worldwide
• Recent trends across different regions in terms of adoption of water purifiers and dispensers
• Attractive investment proposition for end-user, product type segment as well as geography
• Comparative scenario for all the segments for years 2020 (actual) and 2029 (forecast)

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