The Asia-Pacific water dispensers market is experiencing significant growth primarily due to the rising awareness of the importance of clean and safe drinking water. Increasing concerns over water quality and the need for convenient access to purified water have driven the demand for water dispensers in the region. The market is witnessing robust expansion as manufacturers continue introducing innovative features and technologies, making water dispensers an essential part of households and workplaces in the Asia-Pacific region.
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Data Bridge Market Research analyses that the Asia-Pacific Water Dispensers Market is expected to grow at a CAGR of 7.5% from 2023 to 2030 and is expected to reach USD 1,046.14 million by 2030 from USD 600.62 million in 2022. The need for convenient water supply solutions such as water dispensers has surged due to the concentrated urban living, reflecting a growing requirement for efficient and widespread access to clean water in bustling urban environments.
Key Findings of the Study
Innovative technology is expected to drive the market's growth rate
Manufacturers in the Asia-Pacific region are consistently advancing their water dispensers. They incorporate cutting-edge technologies such as advanced water purification systems and smart dispensing options. These innovations not only improve water quality but also enhance user convenience, making water dispensers an attractive choice for health-conscious and tech-savvy consumers, thus driving market growth.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Direct Piping/Point of Use (POU) and Bottled Water Dispensers), Cooling Capacity (2Ltr/Hr, 3 Ltr/Hr, 5 Ltr/Hr and More Than 5 Ltr/Hr), Storage Capacity (20 Liters, 40 Liters, 80 Liters, 120 Liters, 150 Liters, 380 Liters and Others), Dimension (315X330X490 MM, 310X345X996 MM, 370X380X1000 MM, 400X400X1060 MM, 440X440X1185 MM, 665X485X1210 MM, 755X575X1240 MM, 812X612X1210 MM and Others), Water Type (Combination, Hot Water, Cold Water, and Normal Water), Color (Black, Silver, White and, Others), Compartment-Type Water Cooler (With Refrigerated Compartment and Without Refrigerated Compartment), Distribution Channel (Direct, Supermarkets/Hypermarkets, Specialty Stores, E-Commerce and Others), Application (Residential, Corporate Offices, and Hotels, Restaurants, and Cafes)
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Countries Covered
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China, Japan, South Korea, India, Australia and New Zealand, Hong Kong, Thailand, Singapore, Malaysia, Taiwan, Philippines, Indonesia, and Rest of Asia-Pacific.
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Market Players Covered
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Blue Star Limited (India), Whirlpool Corporation (U.S.), Primo Water Corporation (U.S.), Honeywell International Inc (U.S.), Voltas Ltd (India), Midea Group (China), Merck KGaA (Germany), Emerson Electric Co. (U.S.), Waterlogic Holdings Limited (U.K.), Clover Co., Ltd. (South Korea), LAMO Electrical Appliance Group Co., Ltd (China), Affordable Water (U.S.), Ningbo Jewin Electrical Appliances Co., Ltd – (China), YUYAO KOKO INTERNATIONAL TRADING CO. (China), APS TECH (U.S.), Aqua Clara, Inc (U.S.), BRITA GmbH (Germany).
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Data Points Covered in the Report
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In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
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Segment Analysis:
The Asia-Pacific water dispensers market is segmented on the basis of type, cooling capacity, storage capacity, dimension, water type, color, compartment-type water cooler, distribution channel, and application.
- On the basis of type, the Asia-Pacific water dispensers market is segmented into direct piping/point of use (POU) and bottled water dispensers.
- On the basis of cooling capacity, the Asia-Pacific water dispensers market is segmented into 2ltr/hr, 3 ltr/hr, 5 ltr/hr, and more than 5 ltr/hr.
- On the basis of storage capacity, the asia-pacific water dispensers market is segmented into 20 liters, 40 liters, 80 liters, 120 liters, 150 liters, 380 liters, and others.
- On the basis of dimension, the Asia-Pacific water dispensers market is segmented into 315X330X490 mm, 310x345x996 mm, 370x380x1000 mm, 400x400x1060 mm, 440x440x1185 mm, 665x485x1210 mm, 755x575x1240 mm, 812x612x1210 mm and others.
- On the basis of water type, the Asia-Pacific water dispensers market is segmented into combination, hot water, cold water, and normal water.
- On the basis of color, the Asia-Pacific water dispensers market is segmented into black, silver, white and others.
- On the basis of compartment-type water cooler, the Asia-Pacific water dispensers market is segmented into with refrigerated compartment and without refrigerated compartment.
- On the basis of distribution channel, the Asia-Pacific water dispensers market is segmented into direct, supermarkets/hypermarkets, specialty stores, e-Commerce , and others.
- On the basis of application, the Asia-Pacific water dispensers market is segmented into residential, corporate offices, hotels, restaurants, and cafes.
Major Players
Data Bridge Market Research recognizes the following companies as the major Asia-Pacific water dispensers market players in Asia-Pacific water dispensers market are Blue Star Limited (India), Whirlpool Corporation (U.S.), Primo Water Corporation (U.S.), Honeywell International Inc (U.S.), Voltas Ltd (India), Midea Group (China), Merck KGaA (Germany), Emerson Electric Co. (U.S.), Waterlogic Holdings Limited (U.K.), Clover Co., Ltd. (South Korea).
Market Developments
- In March 2023, leading water technology firm AquaFlow announced a strategic collaboration with BlueTech Innovations, a pioneer in smart water management solutions, to revolutionize the Asia-Pacific water dispensers market. This partnership aims to integrate cutting-edge sensor technology into water dispensers, ensuring real-time water quality monitoring and energy-efficient operations. The collaboration anticipates delivering advanced, eco-friendly solutions to meet the region's growing demand for safe and sustainable water sources.
- In November 2022, Whirlpool Corporation successfully finalized its acquisition of InSinkErator, the global leader in food waste disposers and instant hot water dispensers for both residential and commercial applications, from Emerson. This strategic move positions Whirlpool to offer its customers an even wider range of innovative water-related solutions in the Asia-Pacific water dispensers market.
- In October 2019, Waterlogic Holdings Limited, a global leader in purified drinking water dispensers, announced its acquisition of Aquafree, marking its entry into Latin America. This strategic move aligns with Waterlogic's expansion strategy in North America and the Asia-Pacific region, leveraging Aquafree's established local presence and customer network in Chile to strengthen its position in the South American market.
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