Press release
Water Cooler Market Size, Growth Analysis, Opportunities, Top Manufacturers and Industry Forecast to 2021-2027
According to a new report published by Allied Market Research, titled, "Water Cooler Market by Product Type, by Application and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2027,". The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends.๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/request-sample/11748
๐๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐ฐ๐๐ญ๐๐ซ ๐๐จ๐จ๐ฅ๐๐ซ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฌ๐ข๐ณ๐ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐๐๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, ๐๐ง๐ ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐๐๐.๐ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ซ๐๐ ๐ข๐ฌ๐ญ๐๐ซ๐ข๐ง๐ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.
Improvement in the retail structure and rise in the number of public and private institutes drive the growth of the global water cooler market. By application, the commercial segment dominated in 2019. By region, the market across North America held the highest market share in 2019, and is anticipated to lead the trail throughout 2027.
The business expansion and rapid widespread of water cooler stores in local and regional market is fuelling the market growth. Furthermore, these offline stores play a significant role to maintaining the foothold of the brand in market. These offline stores include distribution channels such as direct distribution, supermarket/hypermarket and specialty stores. Moreover, the water cooler industry is expanding their product line by introducing novel design, advanced technologies and new features. This modification in technology, design and features include touch-less operating, RO, UV and portability. These advancements are adding value to the water cooler model, which attracts more customer.
The basis of product type, the bottleless water cooler segment was the highest contributor the growth of water cooler companies. Also, it was valued at $453.7 million in 2019 and is projected to reach $573.8 million by 2027, registering a CAGR of 4.6% from 2021 to 2027. The growth attributes to low maintenance and increase in awareness about health and hygiene.
On the basis of application, the commercial segment was estimated to reach $677.6 million by 2027, at a CAGR of 3.0%. This growth attributes to increase in the number of school, offices, restaurants and hospitals. Whereas, the residential water cooler segment is the fastest growing segment application-wise. With the growth is registered with a 5.7% CAGR. The increase in urbanization and increase standard of living contributes to the increase in the demand for water coolers.
๐ ๐๐๐๐ ๐๐๐๐ ๐๐ข๐ฅ๐ฅ ๐๐ ๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐๐๐ - ๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐๐ง๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/checkout-final/505804d2af5a1b5607eb3fc94670f87d
Based on distribution channel, the supermarket/hypermarket segment is estimated to reach $292.3 million by 2027, at a CAGR of 3.2%. As the supermarket/hypermarket provides a large variety of water coolers in the stores. This allows customer to choose right product of good brands.
Based on region, North America contributed the highest share, accounting for around one-third of the total market share in 2019, and will maintain its dominance throughout the forecast period. However, Asia-Pacific is expected to grow at the highest CAGR of 5.1% from 2021 to 2027. The other regions studied in the report include Europe and LAMEA.
๐๐ก๐ ๐ค๐๐ฒ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ฉ๐ซ๐จ๐๐ข๐ฅ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐:
โข AB Electrolux
โข Avalon Water Coolers
โข Blue Star Limited
โข Brio Water Technology
โข Clover Co. Ltd.
โข Farberware Cookware
โข Kenmore
โข Oasis International
โข Primo Water Corporation
โข Voltas Ltd.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐ ๐จ๐ซ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ:
โ The report provides a quantitative analysis of the current global water cooler market trends, estimations, and dynamics of the market size from 2021 to 2027 to identify the prevailing opportunities.
โ Porter's five forces analysis highlights potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier-buyer network.
โ In-depth analysis and the market trends and segmentation assists to determine the prevailing global water cooler market opportunity.
โ The major countries in each region are mapped according to their revenue contribution to the market.
โ The market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of the market players in the industry.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.alliedmarketresearch.com/purchase-enquiry/11748
๐๐๐๐ฌ๐จ๐ง๐ฌ ๐ญ๐จ ๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ญ๐๐ซ ๐๐จ๐จ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ:
โข Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the global Denim Jeans Market.
โข Highlights key business priorities in order to guide the companies to reform their business strategies and establish themselves in the wide geography.
โข The key findings and recommendations highlight crucial progressive industry trends in the Denim Jeans Market, thereby allowing players to develop effective long-term strategies in order to garner their market revenue.
โข Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
โข Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth to a certain extent.
โข Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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