This global water dispenser market report contains in-depth analysis and data-driven insights on the impact of COVID-19. The global water dispenser market in terms of revenue is expected to grow at a compound annual growth rate of 7.
New York, August 18, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announced the release of the “Water dispenser market-2021-2026 global outlook and forecast” report-https://www.reportlinker.com/p06129718/? utm_source= GNW 35% in the 2020-2026 period. Providing the highest quality water is a sign of modern civilization. Water treatment systems such as drinking fountains have undergone various technological innovations in water filtration technology to meet modern challenges. The environmental impact of bottled water is expected to promote the development of the automatic drinking fountain market in the next five years. Did you know that domestic water dispensers are considered an effective source of purified tap water, especially among residential end users who lead a healthy life? In recent years, due to its compact size and design, the economical countertop version is expected to become the first choice in the entire drinking fountain market. North America, Asia Pacific, Europe and other regions are the more prominent markets for water vending machines in 2020, accounting for more than 83% of the total market share. During the forecast period, the following factors may contribute to the growth of the global drinking fountain market: • High adoption rate by commercial organizations • Demand for clean and filtered water • Preference for eco-friendly POU systems • The emergence of co-working space research suggests that global The current status of the drinking fountain market and its market dynamics during 2020-2026. It provides a detailed overview of several market growth drivers, constraints and trends. The report provides two aspects of market demand and supply. It introduces and examines leading companies and other well-known companies operating in the market. Main highlights • In the COVID-19 pandemic, with the reduction of direct person-to-person contact, the distribution of infrared sensors has attracted more and more attention. For example, Quench Q8 water dispenser uses a non-contact sensor to activate the distribution, which can provide instant hot and cold water. • Commercial end users regard the POU distributor as a convenient and environmentally friendly choice to enhance the corporate image on a global scale. • The use of user-friendly freestanding and countertop drinking fountains in office spaces is driving the growth of the global market. The global countertop water dispenser market is valued at US$18261 million in 2020 and is expected to reach US$29419 million by 2026. • The company has begun to install POU drinking fountains, which has established a green and modern image for the brand in the market. • Due to the high preference for tabletops in Europe, the independent part is expected to generate USD 51.09 million in incremental revenue during the forecast period. Water dispenser market segmentation This research report includes the following detailed breakdowns • Types • Operations • Technologies • Applications • Distribution channels • Geographical segmentation analysis • By type, the importance of RO filtering has surged after the impact of COVID-19. Suppliers can Use the opportunity accordingly to explore the innovative potential of this market segment during the forecast period. • Point-of-use system (POU) with single or combined filters, such as RO, alkaline, carbon block, sediment, and UV treatment in some cases. By switching to the POU system, companies can save 30%-50%. • In 2020, the global free-standing water dispenser market is valued at USD 481.18 million, and is expected to reach USD 719.2 million by 2026. • iSpring is a major player in the sink market segment, providing 5-stage reverse osmosis filtration systems. It is very popular among residential end users due to its neutral taste of water. • NSF certified filters are easy to install, maintain and embed, which promotes the adoption of wall-mounted distributors. • By 2026, the global market share of filtered water dispensers will grow at a compound annual growth rate of 7.89%. • Glug Glug Glug is a major player in this market segment, providing a comprehensive series of water dispensers, including AA5C and AA5F for staff rooms, canteens, sports halls and student public areas. • The government and public facilities hope to save more than 50% of operating costs through traditional water bottle delivery services. Market segmentation by type • Bottled o Top loading o Bottom loading • Point of use market segmentation (by operation) • Freestanding • Countertop • Under sink • Wall-mounted market segmentation (by technology) • No filter • Filtering o RO o Filters and cartridges are segmented by application • Commercial o Corporate space o QSR, hotels and restaurants o Retail stores o Educational institutions o Healthcare o Public and municipal o Recreation centers o Others • Residential market segmentation by distribution • Online • Offline geographic analysis, online sales and distribution and innovations in smart water dispensers can effectively increase the adoption rate. In states such as Washington, California, Pennsylvania, Florida, Georgia, Ohio, and Texas, the demand for drinking fountains may be more prominent. Compared with other states, the quality of tap water in these states is not safe . Many organizations in North America are emphasizing the environmental impact of bottled water consumption and encouraging the shift to alternatives. Canadian tap water is regulated by Health Canada and is responsible for protecting public health. It sets the highest acceptable level of contaminants in drinking water, the Canadian Drinking Water Quality Guidelines. By 2026, the North American water dispenser market is expected to reach USD 34764 million. Market Segments by Geography • North America o United States o Canada • Europe o Germany o United Kingdom o Italy o France o Spain • Asia Pacific o China o Japan o South Korea o India o Australia • Latin America o Brazil o Mexico • Middle East and Africa o South Africa o Saudi Arabia o UAE supplier insights It is important for suppliers to tap opportunities in every category in a highly competitive market, including countertops and bottle-free segments. Some of the major players that dominate the water filtration market are Culligan, Primo, Waterlogic, Celli Group, Canaletas. As a leader, Blupura uses environmentally friendly details in water dispensers and the use of natural refrigerants in water coolers are the main differentiating factors for the industry. Enabling the Internet of Things can be seen as a game changer for suppliers in the drinking fountain market. Players like Avalon, which provides water dispenser dispensers, have already cooperated with global companies such as Honeywell, Coca-Cola, Target, Lexus, and Pepsi. Main Suppliers • Culligan • Waterlogic • Primo Water Corporation • Canaletas • Celli Group Other well-known suppliers • Avalon Water Coolers • Blue Star • Voltas • Atlantis • Clover • Midea Group • Ningbo Kingway Electric • Aqua Clara • Alpine Coolers • Ningbo La Mo drinking water equipment • Bibo • Glug Glug Glug • Arctic Coolers • AquAid • BRITA • Alfred Karcher • Mistral • Vista France • Sure International • Mt. Fuji Springs • Aimex Australia • Royal Sovereign • Sprudel • CWAY Group • Aquazania • SEONE • GHP Group • Key questions answered by Elkay Manufacturing Company: 1. What is the expected compound annual growth rate of the drinking fountain market during the forecast period? 2. What are the different types of applications in the drinking fountain market? 3. What is the impact of COVID-19 on the water dispenser market? 4. What is the latest trend in the water dispenser market? 5. What are the main countries leading the water dispenser market in terms of revenue? Read the full report: https://www.reportlinker.com/p06129718/?utm_source=GNWAAbout ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you can get all the market research you need instantly in one place. __________________________
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