APAC Water Dispenser Market: Industry Analysis and Forecast (2022-2029) Trends, Statistics, Dynamics, Segmentation
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.
Format : PDF | Report ID : SMR_1279
APAC Water Dispenser Market Definition:
The water dispenser is also known as water cooler is a device which cools and dispenses water. It is connected to the mains than give a live stream of chilled water as well as hot and bubbling water. It is sorted into two classes bottle less water cooler and filtered water cooler.
For the most part, water container offers a refrigeration capability to cool the water. A few assortments likewise have a second gadget that disperses heated water or room temperature water which can be utilized for tea, espresso or different purposes. The other tap gives boiling water which is put away in a hot tank.
Further, the APAC Water Dispenser market is segmented by Product, Application, Distribution Channel, and geography. On the basis of Product, the APAC Water Dispenser market is segmented under Bottled, Bottle less and others. Based on the Application, the APAC Water Dispenser market is segmented under the channels of Residential, Commercial and Industrial. Based on the Distribution Channel, the APAC Water Dispenser market is segmented under the channels of Direct, Supermarkets/Hypermarkets, Retail Stores, E-Commerce, Others. By geography, the market covers the major countries in Asia Pacific i.e., India, China, Japan, Australia and Rest of Asia Pacific For each segment, the market sizing and forecasts have been done on the basis of value (in USD Million).
APAC Water Dispenser Market Dynamics:
Market growth of water dispenser is approaching from three sides. In the first place, the awareness about the significance of clean water, additionally the money related improvement in non-modern countries especially Asia-Pacific notwithstanding Japan region, third, the specific redesigns that produce the further possibility treating water and meanwhile decreasing the expenses.
Drinking water market is experiencing market advancement by and large on account of which water contraption's market is creating. Essentially, in light of high utilization of water device in business locales, fuel its application in all business divisions, this drives market of water merchants all over the planet.
The key part that lifts the market advancement of water contraption are the properties, for instance, helpful size, availability of water compartment in the extent of types and cost which cover the broad extent of clients, easy to use, cleaning and neatness are the selling point of this thing.
Other than experiencing wonderful market advancement, water contraptions market is standing up to two fundamental limitations that are: much of the time replacement of the parts and additional costs that assemble particularly during the pre-summer. These two variables go about as an imperative on the development of water gadget's market.
Driving producers' limited time crusades additionally help to drive the market. Low help requirements, as well as after-bargains organizations given by producers, help to drive thing interest. In addition, the openness of different things, for instance, top weight and wall-mounted, with direct lines components and essential cleaning cycles will drive up demand altogether further.
Then again, continuous item substitution or part substitution, as well as extra costs during top mid-year, may adversely affect market development. However, rising water pollution levels and increased purchasing power of consumers will support product demand.
APAC Water Dispenser Market Segment Analysis:
By Product, the bottled product segment accounted for more than 70% of the market in 2021 and is expected to remain dominant throughout the forecast years. The fundamental variable driving the part is the rising interest for separated water. Additionally, lower beginning costs, as well as straightforwardness of foundation and low help requirements, are most likely going to assist thing with fascinating. Notwithstanding, the container less item class is supposed to develop at the quickest pace of 9.9% somewhere in the range of 2022 and 2029. Such things don't need the stacking and unloading of water bottles on the machine, which is a basic component driving the piece improvement. These products are directly connected to water pipelines and can thus be used continuously without the need for water bottles. These products are mainly used in hotels, restaurants, etc.
By Application, in 2021, the commercial application segment dominated the APAC market, accounting for the largest share. The rising pursued for reliably clean water supply in business spaces is driving the segment. Besides, the shortfall of direct water sources in a couple of business designs will increase thing interest in this section. From 2022 to 2029, present day application should be the speediest creating fragment. The expanded utilization of water filtration items in the modern area, especially in agricultural nations like China and India, is ascribed to the absence of new and clean water sources.
APAC Water Dispenser Market Regional Insights:
The India region held the market share accounting for 30% in 2021. Due to rising demand for water purification sources and appliances in countries such as China and India, Asia Pacific is expected to have the highest CAGR of 11.0% from 2022 to 2029. Purchaser machines in India should create at a strong CAGR during the gauge time span. The extended purchasing power of buyers in APAC's non-modern countries will drive up demand impressively more. Also, various overall firms are entering the nearby market with inventively advanced things. This is also likely to contribute to market growth in the coming years.
APAC Water Dispenser Market Key Players Insights:
The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.
The market's major companies have a significant impact because most of them have extensive networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the market, key players in the market, particularly in North America and Europe, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.
The objective of the report is to present a comprehensive analysis of the APAC Water Dispenser market to the stakeholders in the industry. The report provides trends that are most dominant in the APAC Water Dispenser market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the APAC Water Dispenser Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the APAC Water Dispenser market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the industry and market growth through the forecast period. The report also includes the competitive landscape of key players in the industry along with their recent developments in the APAC Water Dispenser market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the APAC Water Dispenser market.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the APAC Water Dispenser market. The report also analyses if the APAC Water Dispenser market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the APAC Water Dispenser market. Economic variables aid in the analysis of economic performance drivers that have an impact on the APAC Water Dispenser market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the APAC Water Dispenser market is aided by legal factors.
APAC Water Dispenser Market Scope:
APAC Water Dispenser Market
by Distribution Channel
Market Size in 2021:
US$ 74 Million
Market size in 2029:
US$ 97 Million
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)
Frequently Asked Questions
The segments covered in the APAC Water Dispenser Market report are based on Product, Application, and Distribution Channel.
India region is expected to hold the highest share in the APAC Water Dispenser Market.
The market size of the APAC Water Dispenser Market by 2029 is expected to reach US$ 97 Million.
The forecast period for the APAC Water Dispenser Market is 2022-2029.
The market size of the APAC Water Dispenser Market in 2021 was valued at US$ 74 Million.
- Scope of the Report
- Research Methodology
- Research Process
- APAC Water Dispenser Market: Target Audience
- APAC Water Dispenser Market: Primary Research (As per Client Requirement)
- APAC Water Dispenser Market: Secondary Research
- Executive Summary
- Competitive Landscape
- Stellar Competition matrix
- Asia Pacific Stellar Competition Matrix
- Key Players Benchmarking: - by Product, Pricing, Investments, Expansion Plans, Physical Presence, and Presence in the Market.
- Mergers and Acquisitions in Industry: - M&A by Region, Value, and Strategic Intent
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- PESTLE Analysis
- PORTERS Five Force Analysis
- Value Chain Analysis
- Stellar Competition matrix
- APAC Water Dispenser Market Segmentation
- APAC Water Dispenser Market, by Product (2021-2029)
- Bottle less
- APAC Water Dispenser Market, by Application (2021-2029)
- APAC Water Dispenser Market, by Distribution Channel (2021-2029)
- Retail Stores
- APAC Water Dispenser Market, by Country (2021-2029)
- Rest of Asia Pacific
- APAC Water Dispenser Market, by Product (2021-2029)
- Company Profiles
- Key Players
- Blue Star Limited
- Company Overview
- Product Portfolio
- Financial Overview
- Business Strategy
- Key Developments
- Voltas Inc,
- Atlantis Products Pvt. Ltd.
- Avalon Water Coolers
- Mistral Solutions Pvt. Ltd.,
- Midea Group
- Ningbo Jewin Electrical Appliances
- Aqua Clara International
- Alpine Coolers
- Ningbo Lamo Drinking Water Equipment Co. Ltd.,
- Glug Glug Glug
- Arctic Coolers
- AquAid Franchising Limited
- Vista France
- Sure International
- Mt. Fuji Springs Inc.,
- Aimex Australia
- Blue Star Limited
- Key Players
- Key Findings