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The Europe Water Dispenser Market would witness market growth of 8.0% CAGR during the forecast period (2022-2028).
Water dispensers come in a range of shapes and sizes, from wall-mounted to bottle-filling water dispenser combo systems, to bi-level components and other configurations. There are two types of water dispensers, point-of-use (POU) and bottled water dispensers. Bottled water dispensers require delivery of water in large bottles from vendors, whereas POU water dispensers are linked to a water supply. Depending on the model, bottled water distributors can be top-mounted or bottom-loaded.
Bottled water dispensers are often equipped with 11- or 22-liter dispensers that sit on top of the machine. Drinking water fountains and direct-piping water dispensers are included in the pressure dispenser’s category of water dispensers. A primitive apparatus for keeping water cool can also be referred to as a water dispenser.
Increasing urbanization and industrialization in the near future will offer market players additional opportunities. A number of government programs are also raising consumer awareness of water conservation and the benefits of water meters, which is expected to increase the demand for water meters in this region. Moreover, the accurate reading of these meters simplifies invoicing processes, which promotes regional market growth.
Moreover, regional water meters would grow rapidly as regulatory compliance requirements on environmental policies and regulations are updated to address water scarcity concerns. In addition to the strong adoption of water meters in the region, multiple technologies such as IoT are being integrated into them.
People in the European region are very concerned about maintaining a healthy lifestyle, and as a result, they expect drinking water of higher quality and nutritional content. Furthermore, obesity cases are on the rise in many European countries, particularly among children aged 11 to 13. According to a research published by the WHO Europe in 2012-13, 27% of 13-year old13-year-old children and 11% of 11-year old11-year-old children in the Europe region were overweight.
The Germany market dominated the Europe Water Dispenser Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $242.6 million by 2028. The UK market is experiencing a CAGR of 7.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 8.8% during (2022 - 2028).
Based on Application, the market is segmented into Commercial (Hospitality, Transport Terminal, Institutions, Corporate Offices, and Others), Industrial (Food & Beverages, Healthcare, and Others), and Residential. Based on Product, the market is segmented into Bottled and Bottle-less. Based on Distribution Channel, the market is segmented into Retail & Industrial and Online. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Water Dispenser Market will Hit $3.7 Billion by 2028, at a CAGR of 8.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., Whirlpool Corporation, Emerson Electric Co., Clover Corporation Limited, Primo Water Corporation, Midea Group Co., Ltd., A. O. Smith Corporation, Culligan International Company (Clayton, Dubilier & Rice Ltd.), and Waterlogic Holdings Ltd.
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