Water Vending Machine Market, By Type (Coin-Operated, Card-Operated, and App-Based), By Installation (Indoor and Outdoor), By End User (Residential, Commercial, and Institutional), By Geography (North America, Latin America, Asia Pacific, Europe, Middle E

Water Vending Machine Market, By Type (Coin-Operated, Card-Operated, and App-Based), By Installation (Indoor and Outdoor), By End User (Residential, Commercial, and Institutional), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Global water vending machine market growth is driven by growing awareness about health and convenience. Water vending machines offer purified and fresh drinking water at affordable prices. These provide a hygienic and convenient way of obtaining water as compared to other sources. Many cities across the world are facing water scarcity issues and dependency on bottled water leads to high plastic waste. Thus, water vending machines that dispense purified water through reusable bottles are becoming increasingly popular. Automated machines ensure consistent quality of water and reduce plastic usage. With rising health consciousness and focus on environmental sustainability, there will be huge demand for water vending machines in the future.

Market Dynamics:

Global water vending machine market growth is driven by factors such as rising awareness about water quality, growing health consciousness among consumers, and issues pertaining to plastic waste from bottled water. Water contamination and scarcity has boosted demand for purified and safe drinking water options like those provided through water vending machines. Moreover, factors such as ability to access fresh water on-the-go conveniently at affordable costs boosts their adoption. However, high initial investment and maintenance costs of water vending machines can hamper the market growth. Availability of cheaper alternatives can also hamper the market growth. Supportive government initiatives for water purifying solutions and increasing focus on reducing plastic waste can offer new growth opportunities.

Key features of the study:

This report provides in-depth analysis of the global water vending machine market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global water vending machine market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Azkoyen Group, Bianchi Vending Group S.p.A., Canaletas, Celli Group, Culligan, Evoca Group, Midea Group, Ningbo Jewin Electrical Appliances, Primo Water Corporation, Royal Vendors, Inc., Sanden Corporation, Seaga Manufacturing Inc., Vista France, Waterlogic, and Zhejiang Jieneng

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global water vending machine market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global water vending machine market

Detailed Segmentation-

Type Insights (Revenue, USD Bn, 2019 - 2031)

Coin-Operated

Card-Operated

App-Based

Installation Insights (Revenue, USD Bn, 2019 - 2031)

Indoor

Outdoor

End User Insights (Revenue, USD Bn, 2019 - 2031)

Residential

Commercial

Institutional

Regional Insights (Revenue, USD Bn 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

Azkoyen Group

Bianchi Vending Group S.p.A.

Canaletas

Celli Group

Culligan

Evoca Group

Midea Group

Ningbo Jewin Electrical Appliances

Primo Water Corporation

Royal Vendors, Inc.

Sanden Corporation

Seaga Manufacturing Inc.

Vista France

Waterlogic

Zhejiang Jieneng Group