Middle East and Africa Water Dispensers Market is expected to grow with the CAGR of 8.2% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below:
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Middle East and Africa water dispensers market is a highly consolidated market which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in Middle East and Africa water dispensers market are introducing strong range of product portfolio. This has helped the companies to maximize the sales with enhanced product portfolio. For instance, in March 2017, BRITA GmbH introduced new Brita Stream which allowed better filtration quality to the consumers. The product launch helped in increasing revenue of the company in the market.
Voltas Ltd is the dominating player in Middle East and Africa water dispensers market. The other key players existing in the water dispensers market includes Blue Star Limited, Whirlpool Corporation, Honeywell International Inc., Midea Group, Merck KGaA, Emerson Electric Co., BRITA GmbH, SUPER GENERAL and Al Kawther among others.
Voltas Ltd:
Voltas Ltd is headquartered in Mumbai, India and was incorporated in year 1954. The company is engaged in the manufacturing and sales of air coolers, commercial refrigeration, water coolers and water dispensers. The company operates their business through segment-A (unitary cooling products), segment-B (engineering projects) and segment-C (engineering products) while segment-A (unitary cooling products) is the market focused segment. The company offers wide range of products under categories such as cooling & refrigeration, home appliances, textile machinery and mining & construction equipment in which cooling & refrigeration is the market focused category.
For instance,
- In February 2018, Voltas Ltd was awarded the "Favorited Supplier Brand in the Consumer Durables Group" by Walmart India in 2017 at its Annual Supplier Meeting conducted in New Delhi on 6th February 2019. There were more than 35 brands in the consumer durables segment, and Voltas earned the award on the basis of its distinct product-mix, well-controlled fill-in ratios with respect to product availability, successful collaboration by local branches and tactical marketing support which helped Voltas achieve 100 percent year-on-year growth with Walmart in the market
The company has wide global presence across the U.A.E., Qatar, Bahrain and India and generates revenue from subsidiaries such as Voltas Oman LLC (Oman), Weathermaker Limited Unit No. 13 (U.A.E.), Voltas Netherlands B.V. Herikerbergweg (Netherlands) among others.
Honeywell International Inc.:
Honeywell International Inc. is headquartered in North Carolina, U.S. The company is engaged in manufacturing of high quality of the technological solutions applicable in industrial, commercial and residential markets. The company operates its business through aerospace sales, Honeywell building technologies sales, performance materials and technologies sales and safety and productivity solutions sales out of which performance materials and technologies sales is our market focused segment. The company offers products under categories which are purifiers, bottled loading, top loading, table top, spare parts and replacements out of which bottled loading, top loading and table top are the market focused categories.
For instance,
- In January 2020, Honeywell International Inc. was entered into a partnership with Charlotte Hornets in order to expand business. The partnership helped the company to expand across various countries which also increase the goodwill of the business.
The company has wide global presence across Asia-Pacific, Europe, Middle East and Africa, North America and Latin America and generates revenue from subsidiaries such as Honeywell (China) Co., Ltd. (China), Honeywell Aerospace UK (U.K.), GREENLEE (U.S.), EMS Technologies Canada, Ltd. (Canada) among others.
Midea Group:
Midea Group is headquartered in Foshan, China and was established in 1968. The company is engaged in robotics, industrial automation, HVAC systems, consumer appliances and smart logistics. The company provides products under categories such as HVAC, home appliances, components, smart logistics and robotics & automation out of which home appliances is the market focused category.
For instance,
- In January 2020, Midea Group entered into a partnership with CORINTHIANS which highlights on the back of the team shirt for the 2021 Season of Brazilian Football. The partnership helps in increasing goodwill of the company in the market.
The company has presence across the globe in North-America, Europe, Asia, Africa and South America. In addition to it, the company also generates its revenue from the various subsidiary companies such as Midea Group Finance Co., Ltd (China), Foshan Shunde Midea Household Appliances Industry Co.,Ltd. (China), Wuxi Little Swan Company Limited (China), Guangdong Midea Microwave Oven Manufacturing Co., Ltd. (China), GD Midea Air-Conditioning Equipment Co.,Ltd. (China) among others.
