Global Point of Use (POU) Water Coolers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Point of Use (POU) Water Coolers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A point-of-use water cooler (sometimes also known as a bottleless water cooler) is a machine that dispenses hot and cold water, without the hassle of handling large plastic bottles. These coolers have a built-in filtration system that purifies water as it flows through the machine to the dispenser. A point of use water cooler differs greatly from its bottled water predecessors in that the water is filtered on-site, right in the machine, rather than pre-filtered and bottled at an off-site manufacturing plant, and then delivered to a home or business. Like traditional water coolers, point of use coolers' primary function is to provide easy access to drinking water.

Market Overview:

The latest research study on the global Point of Use (POU) Water Coolers market finds that the global Point of Use (POU) Water Coolers market reached a value of USD 2268.23 million in 2022. It’s expected that the market will achieve USD 3521.47 million by 2028, exhibiting a CAGR of 7.61% during the forecast period.

People pay attention to drinking water health

With the exposure of many problems in public drinking water, including concerns about water quality and sanitation, secondary pollution of bottled water, and high drinking water costs, Water Coolers have attracted attention. Safe and ready-to-use water is very important to public health. With the improvement of residents' consumption ability and health concept, the market demand for purified water is increasing, and the development space of Point of Use (POU) Water Coolers industry is constantly expanding.
Aquifers situated beneath urban and industrial areas can represent a strategic resource for potable water. However, point and diffuse source emissions of contaminants from urban and industrial areas can significantly impact on the quality of groundwater and, hence, its suitability for human consumption. Groundwater pollution The phenomenon has raised concerns about drinking water, the depletion of natural water resources and the need for safe drinking water will drive the Point of Use (POU) Water Coolers market.

Competitive pressure from other water purification equipment

POU units face significant competition from a range of other purification equipment, suitable for both residential and commercial use. For example, Point of Entry (POE) is commonplace, treating water at the point of entry to a site. These units are found in both the market and indeed larger facilities such as schools and businesses. A point of entry water filtration system provides a complete filtered water solution for every tap in the whole home. Filter jugs or 'pitchers' are widely used and represent the easiest and cheapest means of improving the quality of tap water. Two filter specialists dominate this sector, Brita and Procter & Gamble. The development of drinking water filtration and purification solutions in the market will give Point of Use (POU) Water Coolers development brings competitive challenges.

Limited popularity in some developing countries

The penetration rate of Point of Use (POU) Water Coolers is not high, and the market has yet to be developed. The main markets of Point of Use (POU) Water Coolers are concentrated in Europe and the United States. The developing countries in the Asia-Pacific region have great demand potential for Point of Use (POU) Water Coolers and have not been fully developed. The penetration rate in developing countries is still at a low level, the industry is still in the development stage, and many technical services and other issues need to be resolved.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (44.27% in 2022).

Company Overview:

Culligan is one of the major players operating in the Point of Use (POU) Water Coolers market, holding a share of 7.21% in 2023.

Culligan

Culligan International Company manufactures water treatment products. The Company produces water purification equipment such as water softner systems, filters, bottleless coolers, and municipal water conditioners. Culligan International serves customers worldwide.

Quooker

Quooker is a company from the Netherlands that manufactures mixing taps with integrated heating elements, as well as soap dispensers, water filters and water softeners for removal of minerals from hard water.

Segmentation Overview:

Among different product types, Freestanding segment is anticipated to contribute the largest market share in 2028.

Application Overview:

The market's largest segment by application is the segment Commercial, with a market share of 63.76% in 2022.

Key Companies in the global Point of Use (POU) Water Coolers market covered in Chapter 3:

Canaletas
Oasis
Cosmetal
Waterlogic
BLUPURA
GROHE
Culligan
Quooker
Alpine Coolers
Zip Water
Thermo Concepts

In Chapter 4 and Chapter 14.2, on the basis of types, the Point of Use (POU) Water Coolers market from 2018 to 2029 is primarily split into:

Freestanding
Tabletop
Under Counter
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Point of Use (POU) Water Coolers market from 2018 to 2029 covers:

Commercial
Household

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)