Global Water Dispensers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Water Dispensers Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A water dispenser is a machine that cools or heats up and dispenses water with a refrigeration unit. It is commonly located near the restroom due to closer access to plumbing.

Water dispensers have many forms, ranging from wall-mounted to bottle filler water dispenser combination units, to bi-level units and other formats. They are generally divided into two categories: point-of-use water dispensers and bottled water dispensers. POU water dispensers are connected to a water supply, while bottled water dispensers require delivery of water in large bottles from vendors. Bottled water dispensers can be top-mounted or bottom-loaded, depending on the design of the model.

Market Overview:

The latest research study on the global Water Dispensers market finds that the global Water Dispensers market reached a value of USD 2415.43 million in 2022. It’s expected that the market will achieve USD 3168.08 million by 2028, exhibiting a CAGR of 4.62% during the forecast period.

Global COVID-19 may increase the water dispensers demand

After the outbreak of global COVID-19, consumers' attention to safety issues has increased. health appliances have been much more popular in market, and the corresponding market has shown a significant increase, which is more prominent in the relatively sluggish market performance of most appliances. As an important category of health appliances, the water dispenser market has always been a potential market that the industry focuses on. It is expected that the market share of water dispensers will increase in the future.

Drinking pure water is rigid demand

Pure water is rigid demand to people. Everybody needs to drink clean water, so water dispensers are their first choice, which means the water dispenser market is always huge and stable. Water dispenser plays a very important role in this regard. Water dispenser facilitates easily supply of drinking water. It is very useful equipment and can supply cold, moderate and hot water. Water dispensers play a vital role in workplaces, restaurants, hospitals and public places for storing clean drinking water.

Technical shortcomings and after-sale issues

In the development process of the water dispenser industry, technical shortcomings have not yet been overcome. Besides, low consumer trust, and inadequate after-sales issues have become the ceiling that hinders the development of the industry. At present, it seems that the industry's mainstream ultrafiltration membrane filtration and reverse osmosis membrane filtration both have shortcomings and cannot fully meet consumer demand; insufficient technological innovation leads to product differentiation in terms of appearance and capacity, which has caused industry Qualitative competition; merchants exaggerate their promotional products so that the psychological gap between consumers is large, and the trust in the industry is reduced; regular replacement of filter cartridges for water purifiers is not necessary, and the merchant's after-sales system is not yet perfect, affecting consumers' after-sales experience.

High-quality water dispensers are in need

Since the quality of water dispensers in the market are uneven, high-quality water dispensers are in great need. Facing the high-end consumer market, there is still a gap for high-quality water dispensers. More popular brand and high-quality water dispensers are being expected in the future.

Region Overview:

In global comparison, a significant portion of the revenue was generated in China (30.93% in 2022).

Company Overview:

Midea Group is one of the major players operating in the Water Dispensers market, holding a share of 11.56% in 2023.

Midea Group

Founded in 1999, Midea Water Dispenser Manufacturing Company is an ISO9001 and ISO14001 certified manufacturer of water dispenser and water purifier, located in China. Our primary products include water dispenser, water purifying bottle, water purifier, RO water purifier, and CS water purifying equipment. The parent company of Midea Group has specialized in the household appliance industry since 1968.

Lamo

LAMO Electrical Appliance Group Co., Ltd. Established in 1992,and now LAMO have rapidly developed and is a leader in manufacturing and selling a refrigerator, water dispenser, washing machine and water purifier etc.Innovative design,excellent quality, nearly 100 models.

Segmentation Overview:

As for product types, the Freestanding segment held the largest market share in 2022.

Application Overview:

By application, the Residential segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Water Dispensers market covered in Chapter 3:

Angel
Qinyuan Group Co., Ltd.
Edgar
Midea Group
Ebac Water Coolers
Mistral Constructeur
Culligan
Selecta
Dornbracht
OASIS International
Primo Water Corp
Celtic Water Solutions
AQuachiara International
Lamo
AO Smith Corporation
Haier Group
Waterlogic Holdings Limited
Honeywell

In Chapter 4 and Chapter 14.2, on the basis of types, the Water Dispensers market from 2018 to 2029 is primarily split into:

Wall Mounted
Bottom Load Water Dispenser
Table Topwater Dispenser
Direct Piping Water Dispenser
Freestanding

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Water Dispensers market from 2018 to 2029 covers:

Residential
Offices
Public Sector
Others

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)