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According to the latest research report by IMARC Group, The global water dispenser market size reached US$ 2.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 3.9 Billion by 2028, exhibiting a growth rate (CAGR) of 6.1% during 2023-2028.<br><br>More Info:- https://www.imarcgroup.com/water-dispenser-market
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Global Water Dispenser Market Research and Forecast Report 2023-2028 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Water Dispenser Market Research Report: The latest report by IMARC, titled “Water Dispenser Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” the global water dispenser market size reached US$ 2.7 Billion in 2022. A water dispenser is a machine that dispenses clean drinking water, typically from a bottle or a water filtration system. With bottle-less or bottled water coolers connected to the mains, the water is dispensed continuously from a refrigeration unit that simply needs to be turned or pressed with a button to release water into the funnel. The machine distributes filtered, clean and safe drinking water from the source through an opening, such as tap, push button, or faucet. Water dispensers are available in various sizes and capacities to meet different needs, from portable tabletop models to floor-standing models and are extensively utilized for residential as well as commercial purposes. Some models also come with inbuilt filtration systems that remove impurities from tap water as well as functionalities for cooling or heating up water, allowing users to choose preferred temperature. Some of the advantages of water dispenser include enhanced accessibility, cost savings, ease of installation and maintenance, environmental benefits, and promotion of adequate hydration. Request Free Sample Report: https://www.imarcgroup.com/water-dispenser-market/requestsample
Report Description and Highlights Report Description Global Water Dispenser Market Trends: The global market is majorly driven by the escalating demand for clean drinking water due to the rising concerns over water quality and safety. This can be attributed to the scarcity of safe and clean drinking water due to the growing levels of groundwater depletion in several regions across the globe. In line with this, the rising awareness regarding the adverse effects of consuming unfiltered water is resulting in a higher uptake of water dispensers, particularly the variants equipped with built-in filtration systems. Moreover, the increasing prevalence of various water-borne diseases on a global level is leading to the increasing sales of safer water distribution devices. Additionally, rising stringency in government regulations and standards regarding water quality and safety is propelling the demand for water dispensers complying with these regulations. The market is further fueled by the continual technological advancements in water dispensers, such as the introduction of temperature control, multi-stage filtration with reverse osmosis (RO) and ultraviolet (UV), and smart connectivity functionalities. Apart from this, considerable growth in the construction, real estate and hospitality industries is resulting in increased installations of water dispensers. Some of the other factors contributing to the market include rapid urbanization and industrialization, easy product availability across online and offline organized retail channels, inflating disposable income levels, and extensive research and development (R&D) activities conducted by key players. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 3.9 Billion by 2028, exhibiting a CAGR of 6.1% during 2023-2028. Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
Report Description and Highlights Report Description Market Summary: Type Insights: • Bottled • Top-Loading • Bottom-Loading • Point-of-Use Operations Insights: • Free Standing • Countertop • Under the Sink • Wall Mounted Technology Insights: • Filter-Free • Filtered • RO • Filters and Cartridges
Report Description and Highlights Report Description Distribution Channel Insights: • Retail Stores • Non-branded Stores • Online Stores Application Insights: • Commercial • Residential • Industrial Regional Insights: • North America • United States • Canada • Asia-Pacific • China • Japan • India • South Korea
Report Description and Highlights Report Description • Australia • Indonesia • Others • Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others • Latin America • Brazil • Mexico • Others • Middle East and Africa
Report Description and Highlights Report Description Competitive Landscape with Key Players: • • • • • • • • • • • • • A. O. Smith Corporation Blue Star Limited Clover Co. Ltd. Culligan Water Electrolux AB Haier Group Corporation Honeywell International Inc. Midea Group Panasonic Holdings Corporation Primo Water Corporation The Clorox Company Voltas Limited Waterlogic Plc. View Full Report with TOC & List of Figure: https://www.imarcgroup.com/water-dispenser-market
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