Water Coolers Market 2024-2028
The water coolers market is forecasted to grow by USD 717 mn during 2023-2028, accelerating at a CAGR of 6.4% during the forecast period. The report on the water coolers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by sale of water coolers on online platforms, increasing demand from residential sector, and product premiumization due to innovation and portfolio extension.
Technavio's water coolers market is segmented as below:
- By Product
- Bottled water coolers
- Plumbed-in water coolers
- By Geographical Landscape
- Europe
- North America
- APAC
- Middle East and Africa
- South America
This study identifies the introduction of multi-purpose water coolers as one of the prime reasons driving the water coolers market growth during the next few years. Also, product customization and personalization and brand loyalty among customers will lead to sizable demand in the market.
The report on the water coolers market covers the following areas:
- Water Coolers Market sizing
- Water Coolers Market forecast
- Water Coolers Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading water coolers market vendors that include Aarav Enterprise, Aqua Clara Co. Ltd, Avalon Water Coolers, Avanti Products LLC, Blue Star Ltd., Breville Group Ltd., Carrier Global Corp., Clover Co. Ltd, Culligan International Co., Electrolux group, Glenpatrick Natural Mineral Water Coolers Ltd., Honeywell International Inc., KENT RO Systems Ltd., LAMO Electrical Appliance Group Co. Ltd., LUQEL Ltd, OASIS International, Primo Water Corp., Voltas Ltd., Waterlogic Holdings Ltd., and Whirlpool Corp.. Also, the water coolers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.