APAC Water Dispenser Market was valued at US$ 74 Million in 2021. APAC Water Dispenser Market size is estimated to grow at a CAGR of 11% over the forecast period.
A water dispenser, also known as a water cooler, is a device that cools and distributes water. It is linked to the mains and provides a continuous stream of chilled water as well as hot and bubbling water. It's divided into two categories: bottleless water coolers and filtered water coolers.
Water containers, for the most part, have refrigeration capabilities to keep the water cool. A few models also include a second device that disperses heated or room temperature water, which can be used for tea, espresso, or other purposes. The other faucet provides boiling water, which is stored in a hot tank.
APAC Water Dispenser Market Report Scope and Research Methodology:
Industrial construction is expected to dominate the APAC Water Dispenser Market by industry vertical, as industrial construction is expected to grow in the Asia-Pacific market. a number of countries, including the Bale out of the omino A total of USD 24.67 billion in foreign direct investment has been made in India for construction activities (including townships, built-up infrastructure and construction- development projects). Over the next seven years, the government expects to invest around USD 1.3 trillion in housing, with 60 million new dwellings built. In India, the availability of affordable housing is expected to increase by roughly 70% by 2024.
of the adolt the astrogol of the astrogar of the astrogar of the astrogar of the astrogar of the astrogar. When compared to traditional made-on-site mortar, it offers a number of advantages, including consistent quality, a variety of types, high work efficiency, good job performance, and ease of use:
APAC Water Dispenser Market Overview:
SMR published a report on APAC Water Dispenser Market. The APAC Water Dispenser market report is a combination of primary data and secondary data, and domain expert has analysed the market from local as well as point of view. As per the report, the APAC Water Dispenser market is expected to grow at a high rate during the forecast period.
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APAC Water Dispenser Market Key Players:
Blue Star Limited (India)
Voltas Inc., (India)
Atlantis Products Pvt. Ltd. (India)
Avalon Water Coolers (U.S.)
Mistral Solutions Pvt. Ltd., (India)
Midea Group (China)
Ningbo Jewin Electrical Appliances (China)
Aqua Clara International (U.S.)
Alpine Coolers (U.S.)
Ningbo Lamo Drinking Water Equipment Co. Ltd., (China)
Bibo (China)
Glug Glug Glug (U.K)
Arctic Coolers (Switzerland)
AquAid Franchising Limited (U.K)
BRITA (Germany)
Vista France (France)
Sure International (UAE)
Mt. Fuji Springs Inc., (Japan)
Aimex Australia (Australia)
APAC Water Dispenser Market Drivers:
Water dispenser market growth is approaching from three directions. First and foremost, there is an increased awareness of the importance of clean water, followed by financial development in non-modern countries, particularly in Asia-Pacific, excluding Japan, and finally, specific redesigns that increase the possibility of treating water while decreasing costs. The drinking water market is growing primarily as a result of the growth of the water contraption market. Essentially, the high usage of water devices in business locales fuels its application in all business divisions, driving the market of water merchants all over the world.
APAC Water Dispenser Market Segmentation:
The bottled product segment accounted for more than 70% of the market in 2021 and is expected to maintain its dominance throughout the forecast years. The primary variable driving the segment is the growing demand for separated water. Furthermore, lower starting costs, as well as the simplicity of the foundation and low help requirements, are likely to make things more interesting. Regardless, the container-less item class is expected to grow at the fastest rate of 9.9% between 2022 and 2029. Such items do not necessitate the stacking and unloading of water bottles on the machine, which is a fundamental component driving the piece advancement.
In terms of application, the commercial application segment dominated the APAC market in 2021, accounting for the largest share. The rising demand for dependable clean water supply in commercial spaces is driving the segment. Furthermore, the lack of direct water sources in a few business designs will increase interest in this section. From 2022 to 2029, the current application should be the fastest creating segment. The increased use of water filtration products in the modern world, particularly in agricultural countries such as China and India, is attributed to a lack of new and clean water sources.
APAC Water Dispenser Market Regional Insights:
Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of APAC Water Dispenser market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Key Questions answered in the APAC Water Dispenser Market Report are:
Key Offerings:
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APAC Water Dispenser Market , Middle East and Africa duty-free retail Market
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business.
APAC Water Dispenser Market , APAC Water Dispenser Market Size , APAC Water Dispenser Market Share , APAC Water Dispenser Market Growth , APAC Water Dispenser Market Trends
Mar 19, 2023