Press release
APAC Water Dispenser Market Valued at USD 101.19 Million in 2023, Projected to Grow at an 11% CAGR Through the Forecast Period, Reports Stellar Market Research
APAC Water Dispenser Market
๐๐๐๐ ๐๐๐ญ๐๐ซ ๐๐ข๐ฌ๐ฉ๐๐ง๐ฌ๐๐ซ ๐๐๐ซ๐ค๐๐ญ was valued at US$ 101.19 Million in 2023. APAC Water Dispenser Market size is estimated to grow at a CAGR of 11% over the forecast period.
๐๐๐๐ ๐๐๐ญ๐๐ซ ๐๐ข๐ฌ๐ฉ๐๐ง๐ฌ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
A water dispenser, commonly known as a water cooler, is a device that cools and dispenses water. It can be connected to the mains to provide a continuous flow of chilled, hot, or even sparkling water. There are two primary types of water dispensers: bottle-less (which connects directly to the water supply) and filtered water coolers.
Many water dispensers are equipped with refrigeration systems to cool the water, while some models also include options for dispensing hot or room-temperature water. These hot water features can be used for preparing tea, coffee, or other beverages. Typically, a water dispenser has two taps: one for cold water and one for hot water, which is stored in a hot tank.
๐๐ง๐ฅ๐จ๐๐ค ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ฎ๐ซ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/req_sample/APAC-Water-Dispenser-Market/1279
๐๐ก๐๐ญ ๐๐ซ๐ ๐๐๐๐ ๐๐๐ญ๐๐ซ ๐๐ข๐ฌ๐ฉ๐๐ง๐ฌ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ?
The APAC water dispenser market is experiencing growth driven by three primary factors:
Rising Awareness of Clean Water: Consumers are becoming more aware of the importance of clean drinking water for health, contributing to increased adoption of water dispensers.
Economic Development in Emerging Economies: The economic progress in non-industrialized countries, particularly in Asia-Pacific and Japan, is driving demand for water purification and dispensing appliances.
Technological Advancements: Continuous innovation is making water treatment more efficient while also reducing costs, further boosting market growth.
The growing need for clean drinking water, particularly in commercial spaces, is fueling the market for water dispensers globally. The compact size, variety of options, affordability, user-friendliness, and hygiene benefits make water dispensers a popular choice among consumers.
Market Challenges:
Despite the significant growth prospects, the market faces two primary challenges:
Frequent Replacement of Parts: Regular maintenance and part replacements, especially during the summer, can be a recurring expense for consumers.
Additional Costs: The higher operational costs during peak usage seasons may act as a restraint on market growth.
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐๐๐ ๐๐๐ญ๐๐ซ ๐๐ข๐ฌ๐ฉ๐๐ง๐ฌ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ?
India accounted for 30% of the APAC water dispenser market share in 2023. The rising demand for water purification appliances in countries like China and India is expected to drive the highest compound annual growth rate (CAGR) of 11.0% from 2024 to 2030. The purchasing power of consumers in these developing regions is steadily increasing, further contributing to market growth. Additionally, many global firms are entering the regional market with technologically advanced products, which is expected to support continued growth in the coming years.
The expansion of consumer appliances in non-industrial countries within APAC and the entry of global players into these markets with innovative offerings are key drivers for market growth in the forecast period.
๐ ๐๐๐ ๐๐๐ญ ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! @https://www.stellarmr.com/report/req_sample/APAC-Water-Dispenser-Market/1279
๐๐ก๐๐ญ ๐ข๐ฌ ๐๐๐๐ ๐๐๐ญ๐๐ซ ๐๐ข๐ฌ๐ฉ๐๐ง๐ฌ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ?
By Product
Bottled
Bottle less
By Application
Residential
Industrial
Commercial
By Distribution Channel
Direct
Supermarkets/Hypermarkets
Retail Stores
E-Commerce
Others
By Country
India
China
Japan
Australia
Rest of Asia Pacific
๐๐จ๐ฆ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐๐๐ ๐๐๐ญ๐๐ซ ๐๐ข๐ฌ๐ฉ๐๐ง๐ฌ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
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)
๐ ๐จ๐ซ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐๐๐จ๐ฎ๐ญ ๐๐ก๐ข๐ฌ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐ฅ๐๐๐ฌ๐ ๐๐ข๐ฌ๐ข๐ญ:https://www.stellarmr.com/report/APAC-Water-Dispenser-Market/1279
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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Middle East and Africa Industrial Sugar Market https://www.stellarmr.com/report/MEA-Industrial-Sugar-Market/1063
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
S.no.8, h.no. 4-8 Pl.7/4, Kothrud,
Pinnac Memories Fl. No. 3, Kothrud, Pune,
Pune, Maharashtra, 411029
sales@stellarmr.com
๐๐๐จ๐ฎ๐ญ ๐๐ญ๐๐ฅ๐ฅ๐๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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