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A water cooler is another term for a water dispenser (if it is used for cooling only). It's a mechanism that delivers cold and hot water through a refrigeration unit. The market is growing because of features such as ease of use and installation, low maintenance costs, and mobility. The worldwide water dispenser business is expanding as a result of several causes, including increased levels of groundwater pollution, rising demand for clean drinking water, increasing industrialization and urbanization, and the depletion of natural water resources, to name a few. These factors are likely to propel the water dispenser market forward and create several possibilities in the next years. The need for water dispensers has decreased as a result of the COVID-19 outbreak, as there were no necessities from the industrial, commercial and residential sectors. The production of water dispensers has been reduced due to a temporary halt in operations in the industrial sector.
COVID-19 Impact Analysis
Top Impacting Factors
Market Trends
Global demand for commercial water dispensers is increasing
Clean water is one of the most important demands and concerns for many commercial and business establishments. As a result, in recent years, the market for water dispensers has exploded. Furthermore, due to tight requirements to ensure employee or employees' health on the job sites, clean water supply in commercial areas is always in demand. There is also a restricted supply of water in commercial locations, resulting in high demand for bottled water dispensers aimed primarily at commercial areas. Water dispensers can be used in a variety of commercial settings, including corporate offices, educational institutions, entertainment areas, retail malls, public transportation locations, and institutions.
The availability of energy-efficient water dispensers is becoming more widely known
The need for energy-efficient water dispensers is on the rise. In 2018, Q&C water coolers, for example, released an energy-efficient dispenser with smart hot and cold choices that is projected to save 95 per cent of energy. Water dispensers account for about 5.69 per cent of total power usage for all domestic appliances, according to the National Taipei University of Nursing and Health Sciences. As customers become more conscious of energy-efficient household appliances, manufacturers engage in R&D to lower the percentage of water dispensers and satisfy the need for energy efficiency. Furthermore, numerous government programmers to preserve energy is expected to drive demand for and manufacture of energy-efficient water dispensers in the global market in the future years.
Key Benefits of the Report
Questions Answered in the Water Dispenser Market Research Report
Water Dispenser Market Report Highlights
Aspects | Details |
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By Product Type |
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By Dispenser Type |
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By Cooling Capacity |
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By Water Type |
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By Capacity |
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By Application |
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By Distribution Channel |
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By Region |
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Key Market Players | Company10, Company4, Company3, Company9, Company6, Company8, Company2, Company5, Company1, Company7 |
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