DUBLIN--(BUSINESS WIRE)--ResearchAndMarkets.com has added the "Water Dispenser Market-2021-2026 Global Outlook and Forecast" report to ResearchAndMarkets.com's products.
In terms of revenue, the global water dispenser market is expected to grow at a compound annual growth rate of 7.35% during 2020-2026.
Providing the highest quality water is a sign of modern civilization. Water treatment systems such as drinking fountains have undergone various technological innovations in water filtration technology to meet modern challenges. The environmental impact of bottled water is expected to promote the development of the automatic drinking fountain market in the next five years.
Did you know that domestic water dispensers are considered an effective source of purified tap water, especially among residential end users who lead a healthy life? In recent years, due to its compact size and design, the economical countertop version is expected to become the first choice in the entire drinking fountain market.
North America, Asia Pacific, Europe and other regions are the more prominent markets for water vending machines in 2020, accounting for more than 83% of the total market share.
Online sales and innovation of smart water dispensers can effectively increase the adoption rate. In Washington, California, Pennsylvania, Florida, Georgia, Ohio, and Texas, the demand for drinking fountains may be more prominent. Compared with other states, the quality of tap water in these states is not safe.
Many organizations in North America are emphasizing the environmental impact of bottled water consumption and encouraging the shift to alternatives. Canadian tap water is regulated by Health Canada and is responsible for protecting public health. It sets the maximum acceptable level of contaminants in drinking water, the Canadian Drinking Water Quality Guidelines.
It is estimated that by 2026, the North American water dispenser market will reach 34764 million U.S. dollars.
For suppliers, it is vital to tap opportunities in each category in a highly competitive market, including countertop and bottleless market segments. Some of the major players that dominate the water filtration market are Culligan, Primo, Waterlogic, Celli Group, Canaletas.
Blupura is a leader in the use of environmentally friendly details in distributors, and the use of natural refrigerants in water coolers is the main differentiating factor in the industry. Enabling the Internet of Things can be seen as a game changer for suppliers in the drinking fountain market.
Companies such as Avalon, which provides dispensers for water dispensers, have already cooperated with global companies such as Honeywell, Coca-Cola, Target, Lexus, and Pepsi.
8.1 The significance of innovation and functional enhancement
8.2 Preference for environmental protection POU system
9.1 The need for clean and filtered water
9.2 High adoption rate by commercial organizations
9.3 Marketing and Competitive M&A Strategies
10.1 Compliance with standards and certifications
10.2 Low residential penetration rate and high maintenance cost
10.3 High-quality tap water in developed economies
12.1 Market snapshot and growth engine (revenue)
12.2 Market snapshots and growth engines (unit shipments)
15.1 Market snapshot and growth engine (revenue)
15.2 Market snapshots and growth engines (unit shipments)
16.1 Market snapshot and growth engine (revenue)
16.2 Market Snapshot and Growth Engine (Unit Shipment)
19.1 Market snapshot and growth engine (revenue)
19.2 Market snapshots and growth engines (unit shipments)
22.1 Market snapshot and growth engine (revenue)
22.2 Market Snapshot and Growth Engine (Unit Shipment)
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ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com US Eastern Time Office Hours Call 1-917-300-0470 US/Canada Toll Free 1-800-526-8630 GMT Office Hours Call 353-1-416-8900