The global water dispenser market is anticipated to showcase a moderate CAGR of 8.0% during the forecast period (2020-2026). The continuous surge in the demand of potable drinking water across the globe owing to the rising population across the globe is anticipated to drive the growth of the water dispenser market across the globe. According to the Chicago Council on Global Affairs, the global water consumption rate is double the rate of population increase. The demand for potable drinking water is anticipated to exceed supply by more than 50% by 2025. With rising urbanization, the demand for water dispensers is anticipated to grow which in turn is anticipated to drive the market growth.
Browse the full report description of "Global Water Dispensers Market Size, Share & Trends Analysis Report by Product Type (Bottled, Bottle-less) by Design Type (Freestanding Water Dispenser, Wall Mounted Water Dispenser, Tabletop Water Dispenser, Direct Piping Water Dispenser, Bottom Mounted Water Dispenser) by End-User (Residential, Commercial) Forecast period (2020-2026)" at https://www.omrglobal.com/industry-reports/water-dispensers-market
Avanti Products, Blue Star Ltd., Clover Co. Ltd., Midea Group, Aquasheild, Oasis International, Inc., and so on are the major providers of the water dispenser across the globe. The new product launches done by these companies to remain competitive in the marketplace are anticipated to drive the global market growth. For instance, in October 2019, AquaShield, a water dispenser provider brand of Philips had launched its state-of-the-art bottled water dispenser innovation in Dubai. The new bottled water dispenser is based on the Micro P-Clean micro-plastic filtration system, which features 1-micron filtration accuracy that removes up to 99% of micro-plastic from water.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
Global Water Dispensers Market report Segment
By Product Type
By Design Type
By End-User
Global Water Dispensers Market - Segment by Region
North America
Europe
Asia-Pacific
Rest of the World