North America Water Dispensers Market – Industry Trends and Forecast to 2030

North America Water Dispensers Market Analysis and Size

Recent years have shown growth in the market for water dispensers due to increasing public awareness of the value of clean water and economic expansion in emerging nations, particularly in North America. Additionally, the market is anticipated to grow over the anticipated time frame as a result of numerous technological developments that enhance water treatment while bringing down costs. Over the course of the forecast period, the scenario is anticipated to offer participants in the global water dispenser market encouraging sales prospects.

Data Bridge Market Research analyses that the water dispensers market, valued at USD 542.08 million in 2022, will reach USD 1,022.08 million by 2030, growing at a CAGR of 8.25% during the forecast period of 2023 to 2030. 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.

North America Water Dispensers Market Scope and Segmentation  

Market Definition

Water dispensers are machines that help purify water while cooling or heating it. Water dispensers are thought to be the latest in water purification technology and the most energy-efficient water cleaning product. Water dispensers make it simple to get a steady supply of drinking water. It can be connected to the mains and provide a continuous stream of cold and hot water. Water dispensers are essential in restaurants, railways, hospitals, workplaces, public places, and many other industries. Water temperatures.

Water Dispensers Dynamics

Drivers

• Rising levels of groundwater contamination aid in market growth

 Increased adoption of water coolers in commercial institutes such as offices, colleges, and the hospitality sector drive market growth. Furthermore, the market's expansion is expected to be aided by natural water resource depletion and rising demand for safe drinking water.

The growing consumer awareness of the importance of drinking clean water for a healthy lifestyle is expected to accelerate the growth rate of the water dispensers market. Rapid industrialization and urbanization are also expected to boost growth by increasing the demand for clean and purified water.

• Increasing consumer interest in eco-friendly goods

The market is being driven by rising consumer awareness of the availability of goods that use less energy and are environmentally friendly and less wasteful. Rising purchase power of consumers and rising awareness aboult health concerns due to water pollution is anticipated to propel the market. A trustworthy purification process is required to have a healthy and hygenic water intake, which increases the preference for packaged water.

Opportunities

• Limiting the cost for maintenance and installment surges the growth of dispensers

One of the main reasons for their popularity is that bottled water dispensers do not require piping installation. Furthermore, the dispensers can be placed wherever the consumer desires. The installation cost is also significantly lower when compared to bottle-less dispensers, which require the customer to set up a piping system and make other necessary operational arrangements. The increasing demand for bottled water is the primary driver of the segment's growth. Lower initial costs and ease of installation are expected to increase product demand.

Restraints/Challenges

• Low residential penetration & expensive maintenance

Despite water dispensers' significant installation cost benefits over other conventional methods, the maintenance and other overhead costs can be high. Furthermore, limited space, particularly in compact residential facilities, can make implementing free-standing dispensers difficult. The consumption of high-quality tap water and packaged water in underdeveloped economies contributes to the low residential penetration.

This water dispensers report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the water dispensers contact Data Bridge Market Research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

• In 2021, Voltas Limited opened its first brand store in Rourkela, Odisha. The company's brand store will sell water dispensers, Voltas and Voltas Beko items, water coolers, air conditioners, washing machines, refrigerators, microwaves, and dishwashers. Voltas currently runs over 140 brand shops across the country.
• In 2021, Blue star's commercial refrigeration presence was expanded by introducing soft-push bottled water dispensers. Soft push is a novel water dispensing solution that distributes water by gently pushing the glass and avoiding contact between the machine and the user's hands.

 North America Water Dispensers Scope

The water dispensers is segmented on the basis of  type, cooling capacity, storage capacity, dimension, water type, colour, compartment-type water cooler, distribution channel, application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Direct Piping/Point of Use (POU)
• Bottled Water Dispensers

Cooling Capacity

• 2 Litre/Hr
• 3 Litre/Hr
• 5 Litre/Hr
• More Than 5 Litre/Hr

Storage Capacity

• 20 Litres
• 40 Litres
• 80 Litres
• 120 Litres
• 150 Litres
• 380 Litres
• Others

Dimension

• 315X330X490 MM
• 310X345X996 MM
• 370X380X1000 MM
• 400X400X1060 MM
• 440X440X1185 MM
• 665X485X1210 MM
• 755X575X1240 MM
• 812X612X1210 MM
• Others

Water Type

• Combination
• Hot Water
• Cold Water
• Normal Water

Colour

• Black
• Silver
• White
• Other

Compartment-Type Water Cooler

• With Refrigerated Compartment
• Without Refrigerated Compartment

Distribution Channel

• Direct
• Supermarkets/Hypermarkets
• Specialty Stores
• E-Commerce
• Others

Application

• Residential
• Corporate Offices
• Hotels
• Restaurants
• Cafes

Water Dispensers Regional Analysis/Insights

The water dispensers is analysed and market size insights and trends are provided by country, type, cooling capacity, storage capacity, dimension, water type, colour, compartment-type water cooler, distribution channel, application referenced above.

The countries covered in the water dispensers report are U.S., Canada and Mexico in North America

U.S. is expected to dominate the market and will continue to flourish its trend of dominance during the forecast period. The major factors attributable to the dominance are the rising adoption of automatic water dispensers and the huge presence of providers in North America.

Canada will undergo the highest growth rate during the forecast period owing to the high demand for hot and cold water and convenience provider by water dispensers, in the region of North America.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Water Dispensers Share Analysis

The water dispenser's competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to water dispensers market.

Some of the major players operating in the water dispensers are:

• Blue Star Limited. (India)
• Primo Water Corporation (U.S.)
• Honeywell International Inc. (U.S.)
• Emerson Electric Co. (U.S.)
• Affordable Water Solutions (Canada)
• BRITA GmbH (Germany) 

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