What is Water Dispenser Market?
Water dispenser is a device which dispenses the hot or cold water. Some of the devices dispenses the water at room temperature. Furthermore, it consists of push in safety valve which prevents injuries. It is classified into bottle less and bottled and has easy usage and installation process. Increasing health consciousness among the consumers and deteriorating of ground water quality is contributing towards the rising demand. Also, the increasing residential applications are boosting the growth.
The market study is being classified by Type (Wall mounted, Bottom load water dispenser, Table top water dispenser, Direct piping water dispenser and Freestanding), by Application (Commercial and Residential) and major geographies with country level break-up.
Whirlpool Corp (United States), Clover Co. Ltd (South Korea), Oasis International, Inc. (United States), Primo Water Corp. (United States), Honeywell International, Inc. (United States), Emerson Electric Co. (United States), Haier (China), Meiling (China), Midea (China) and Chigo (China) are some of the key players profiled in the study.
Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Water Dispenser market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Water Dispenser market by Type, Application and Region.
On the basis of geography, the market of Water Dispenser has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing usage of water purification products is contributing towards the growth of the market. The rising pollution levels and increasing health concerns among the consumers. In addition, increasing usage in restaurants, hotels and corporate are augmenting the growth of water purification products.
Market Trend
- Technological advancements for improvement in treating the water
Opportunities
- Increasing awareness about the energy efficient products
- Rise in disposable income among the consumers
- Promotional campaigns by the major manufacturers are fueling the market growth
Challenges
- Unsafe bottled water as it can be untreated
Market Leaders and some development strategies
In November 2018, Honeywell has acquired Transnorm which is a warehouse automation solution provider.
Key Target Audience
Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organisations, Government Agencies and Organisations