Sustainable Solutions: Exploring Eco-friendly Water Dispenser Options

The Global Water Dispensers Market has experienced substantial growth in recent years due to increasing public awareness of clean water's importance and economic expansion in emerging countries, particularly in Asia-Pacific. Technological advancements enabling more efficient water treatment at lower costs further contribute to market growth. The forecasted period presents promising sales prospects for participants in the water dispensers market worldwide. As consumers seek safe and accessible drinking water solutions, manufacturers and suppliers stand to benefit from this growing demand.

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Data Bridge Market Research analyses that the global water dispensers market was valued at USD 2,655.29 million in 2021 and is expected to reach USD 4,914.75 million by 2029, registering a CAGR of 8.0% during the forecast period of 2022-2029. The rising health consciousness among consumers has boosted the global water dispensers market. The desire for purified water, known for its health benefits, drives the demand for water dispensers as a convenient and reliable source of clean drinking water, supporting overall well-being.

Key Findings of the Study

Rising urbanization is expected to drive the market's growth rate

Rising urbanization acts as a driver of the global water dispensers market as more people migrate to cities, increasing health and hygiene concerns. Urban areas often face challenges with water quality and accessibility, leading to a higher demand for reliable sources of clean drinking water. Water dispensers provide a convenient and accessible solution for urban dwellers to access purified water, addressing health and safety concerns. As urbanization continues to grow globally, the adoption of water dispensers as a practical and efficient water purification option is expected to increase, driving the market's growth.

Report Scope and Market Segmentation

Segment Analysis:

The water dispensers market is segmented on the basis of type, cooling capacity, storage capacity, dimension, water type, color, compartment-type water cooler, distribution channel, filtration technology, components and application.

• On the basis of type, the water dispensers market is segmented into direct piping/point of use, bottled water dispensers.
• On the basis of cooling capacity, the water dispensers market is segmented into 2 ltr/hr, 3 ltr/hr, 5 ltr/hr, more than 5 ltr/hr.
• On the basis of storage capacity, the water dispensers market is segmented into 20 liters, 40 liters, 80 liters, 120 liters,  150 liters, 380 liters, others.
• On the basis of dimension, the water dispensers market is segmented into 315x330x490 mm, 400x400x1060 mm, 440x440x1185 mm, 665x485x1210 mm, 755x575x1240 mm, 812x612x1210 mm and others.
• On the basis of water type, the water dispensers market is segmented into combined, hot water, cold water, and normal water.
• On the basis of color, the water dispensers market is segmented into black, silver, white, others.
• On the basis of compartment-type water cooler, the water dispensers market is segmented into with refrigerated compartment, without refrigerated compartment.
• On the basis of distribution channel, the water dispensers market is segmented into direct, supermarkets/hypermarkets, specialty stores, e-commerce, others.
• On the basis of filtration technology, the water dispensers market is segmented into osmosis, filtration cartridge.
• On the basis of components, the water dispensers market is segmented into electro valves, flow meters, soda regulation screws, pressure switches/transducers, quick adapter tubes, anti-flood devices, water pressure regulator, drip tray, puncture tube pencil needle, others.
• On the basis of application, the water dispensers market is segmented into residential, corporate offices, schools/university hospitals, hotels, restaurants and bars, industrial, others.

Major Players

Data Bridge Market Research recognizes the following companies as the major global water dispensers market  players in global water dispensers market  are Blue Star Limited (India), Voltas Inc, (India), Atlantis Products Pvt. Ltd. (India), Avalon Water Coolers (U.S.), Mistral Solutions Pvt. Ltd., (India), Midea Group (China), Ningbo Jewin Electrical Appliances (China), Aqua Clara International (U.S.),

Market Developments

• In 2021, Voltas Limited launched its brand store in Rourkela, Odisha, selling a wide range of products, including water dispensers, air conditioners, and more, to cater to the local market.
• In 2021, Blue Star introduced Softpush Bottled Water Dispensers, offering an innovative touchless water dispensing solution, enhancing the company's Commercial Refrigeration presence.
• In 2022, A. O. Smith Corporation acquired Atlantic Filter Corporation, expanding its water treatment industry with creative solutions and strengthening its position in Florida.
• In 2021, Waterlogic acquired Aquamaq, aiming to reach new consumers and expand its presence in the Colombian market with advanced water dispensers.
• In 2021, Waterlogic acquired Q water, supporting its development process and expanding its customer base in North America with a range of filtered water systems.
• In 2021, Primo Water Corporation completed the acquisition of Get Fresh, expanding its consumer base and presence in Poland's rapidly growing region, offering pure-play water solutions through strategic distribution.

Regional Analysis

Geographically, the countries covered in the Global water dispensers market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa. As per Data Bridge Market Research analysis:

North America is the dominant region in the global water dispensers market during the forecast period 2022 - 2029

North America's dominance in the water dispensers market is primarily attributed to the region's strong presence of leading manufacturers. These established companies have a wide distribution network, ensuring easy accessibility to water dispensers across North America. Additionally, consumer awareness and a higher disposable income contribute to the steady demand for water dispensers in the region. 

Asia-Pacific is estimated to be the fastest growing region in the global water dispensers market in the forecast period 2022 - 2029

Asia-Pacific region is expected to experience lucrative growth in the water dispensers market. Countries like China and India are witnessing a surge in demand for water purification sources and appliances due to increasing concerns about water quality and safety. Rapid urbanization, industrialization, and population growth in these countries further fuel the need for reliable and convenient water purification solutions. As a result, the Asia-Pacific market presents significant opportunities for water dispenser manufacturers and suppliers to cater to the rising demand for safe and accessible drinking water solutions.

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