Point-of-Use Water Cooler Market Driving Factors Analysis Business...

Point-of-Use Water Cooler Market Driving Factors Analysis Business Growth, Demand and Product Portfolio

Posted 2023-05-25 13:54:07

'Global Point-of-Use Water Cooler Market' the new research report adds in Data Bridge Market Research's reports database. This Research Report spread across 329 Page, 53 No of Tables, And 244 No of Figures with summarizing Top companies, with tables and figures. The Point-of-Use Water Cooler market research report presents a comprehensive study on production capacity, consumption, import and export for all the major regions across the world. By keeping in mind the end user's point of view, a team of researchers, forecasters, analysts and industry expert's work in-depth to formulate this Point-of-Use Water Cooler market research report. The research and analysis carried out in this Point-of-Use Water Cooler report assists clients to forecast investment in an emerging market, expansion of market share or success of a new product. To turn complex market insights into simpler version, well established tools and techniques are used for generation of Point-of-Use Water Cooler report.

Data Bridge Market Research analyses that the point-of-use water cooler market is expected to reach USD 3,238.31 million by 2030, which is USD 1,686.09 million in 2022, registering a CAGR of 8.50% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.

In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.

Get PDF Broacher of Point-of-Use Water Cooler Market Research Report at https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-point-of-use-water-cooler-market

Market Definition

A point-of-use water cooler, also known as a bottle-less water cooler, is a machine that dispenses both cold and hot water, without the stress of handling large plastic bottles. These coolers also have filtration system that purifies the water when it flows through the machine to the dispenser. In point-of-use coolers, the water is filtered on-site rather than bottled and pre-filtered at an off-site manufacturing plant.

Point-of-Use Water Cooler Market Scope and Segmentation

REPORT METRIC	DETAILS
Forecast Period	2023 to 2030
Base Year	2022
Historic Years	2021 (Customizable to 2015 - 2020)
Quantitative Units	Revenue in USD Million, Volumes in Units, Pricing in USD
Segments Covered	Dispenser Type (Wall Mounted, Bottom Load, Table Top, Direct Piping, Freestanding), Application (Household, Commercial), Distribution Channel (Direct Sales, OEM, Wholesaler/Distributor, Online Shops/Sales, Service Companies)
Countries Covered	U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Market Players Covered	Blue Star Limited (India), Voltas Limited (India), Atlantis Products Pvt. Ltd. (India), Avalon Water Coolers (U.S.), Mistral Solutions Pvt. Ltd., (India), Midea Group (China), Ningbo Jewin Electrical Appliances Co.,Ltd (China), Alpine Coolers (U.S.), Ningbo Lamo Drinking Water Equipment Co. Ltd., (China), BIBO (China), Arctic Coolers (Switzerland), BRITA (Germany), Mt. Fuji Springs Inc., (Japan), Aimex Australia (Australia), Royalsovereign (U.S), Alfred Kärcher SE & Co. KG (Germany)
Market Opportunities	Increasing strategic initiatives by market players Surging product launches in the point-of-use water cooler market

Global Point-of-Use Water Cooler Market Dynamics

Drivers

Growing usage of point-of-use water cooler in schools and educational facilities

Schools have tons of space such as libraries, teacher areas, classrooms, cafeterias and many other in which require a clean water supply. Various schools are on a budget and they may not be able to afford bottled water shipments. As a resultill allow all school teachers, students, and personnel to be hydrated in many areas. Therefore, growing usage of point-of-use water cooler in schools and educational facilities is expected to drive the market growth.

Increasing demand for point-of-use water coolers due to their more convenient and hassle-free nature

Keeping 5-gallon water jugs and inventory of water bottles takes time. Time spent away from your desk ordering, changing and receiving water bottles. It also covers valuable space storing water bottles. Many businesses also tend to supervise the security inferences of escorting a water delivery person through the building. Remove the hassle by getting a plumbed-in water cooler that filters water right at the source, so the consumer will have unlimited water and never have to order bottled water again. This ultimately saves the employees valuable time that can be utilized for other valuable work. Thus, the increasing demand of point-of-use water cooler due to its more convenient and hassle-free nature is expected to drive the market growth.

Opportunities

Increasing strategic initiatives by market players

Major market players are taking important steps to increase the accuracy and overall functionality of the point-of-use water cooler. For instance, Quench's new product line of touchless hydration solutions has launched the Quench Q-series in 2021, which provides touchless and sensor-activated dispensing for health-conscious businesses. It is the first type that is available in the United States and Canada. QuenchWATER+ was created by all Quench Q-Series options, and it employs a proprietary 5-filter setup to improve the taste by removing contaminants and sediments and also adding electrolytes. The result is electrolyte water that is clean, crisp and delicious. Therefore, increasing strategic initiatives by market players will create lucrative opportunities for the market growth during the forecast period.

Increasing accessibility of water by using point-of-use water cooler

In those areas where it is not safe to store large amount of water bottles, the installation of a point-of-use water cooler is better choice by simply adding it to the existing water line. Furthermore, point-of-use water coolers provides all the advantages of a larger water cooler without taking up any floor space. In point-of-use water cooler includes all options such as hot, cold, and room temperature water, flavored water, sparkling water, and ice , resulting increase the demand for this cooler in very areas which create ample opportunities for the market growth.

Restraints/ Challenges

High cost associated with point-of-use water cooler

Regular replacement of product components and augmented expenses may have a negative effect on the market growth. Furthermore, the high cost of point-of-use water cooler is a major restraining factor that is anticipated to hamper market growth during the forecast period.

Lack of regular necessity of point-of-use water cooler

Lack of regular requirement of point-of-use water cooler product because of its short lifecycle than normal water cooler is expected to hamper the growth of the market during the forecast period of 2023 to 2030.

This point-of-use water cooler market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the point-of-use water cooler market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Top Key players in Global Point-of-Use Water Cooler Market Report:

Blue Star Limited (India)
Voltas Limited (India)
Atlantis Products Pvt. Ltd. (India)
Avalon Water Coolers (U.S.)
Mistral Solutions Pvt. Ltd., (India)
Midea Group (China)
Ningbo Jewin Electrical Appliances Co.,Ltd (China)
Alpine Coolers (U.S.)
Ningbo Lamo Drinking Water Equipment Co. Ltd., (China)
BIBO (China)
Arctic Coolers (Switzerland)
BRITA (Germany)
Mt. Fuji Springs Inc., (Japan)
Aimex Australia (Australia)
Royalsovereign (U.S)
Alfred Kärcher SE & Co. KG (Germany)

Get Access to Full Report (Including Graphs, Charts & Figures) at https://www.databridgemarketresearch.com/reports/global-point-of-use-water-cooler-market

Market Segmentation:

The point-of-use water cooler market is segmented on the basis of dispenser type, application and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Dispenser Type

Wall Mounted
Bottom Load
Table Top
Direct Piping
Freestanding

Application

Household
Industrial
Food and Beverages
Healthcare
Others
Commercial
Hospitality
Transport Terminal
Institutions
Corporate Offices
Others

Distribution Channel

Direct Sales
OEM
Wholesaler/Distributor
Online Shops/Sales
Service Companies

To View Detailed Report Analysis, Visit at https://www.databridgemarketresearch.com/checkout/buy/enterprise/global-point-of-use-water-cooler-market

Point-of-Use Water Cooler Market Regional Analysis/Insights

The point-of-use water cooler market is analyzed and market size insights and trends are provided by country, dispenser type, application and distribution channel as referenced above.

The countries covered in the point-of-use water cooler market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the point-of-use water cooler market in terms of revenue and market share owing to the increasing awareness regarding water purification technologies in this region. Furthermore, the high disposable income of individuals will further boost the market growth in this region.

Asia-Pacific is expected to be the fastest developing region during the forecast period of 2023-2030, owing to the growing working population in this region. Moreover, increasing commercial construction and infrastructural development will further boost the market growth in this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Key questions answered in the report:

What will the market development pace of the Point-of-Use Water Cooler market?
What are the key factors driving the Global Point-of-Use Water Cooler market?
Who are the key manufacturers in the market space?
What are the market openings, market hazard and market outline of the market?
What are sales, revenue, and price analysis of top manufacturers of Point-of-Use Water Cooler market?
Who are the distributors, traders, and dealers of Point-of-Use Water Cooler market?
What are the Point-of-Use Water Cooler market opportunities and threats faced by the vendors in the Global Point-of-Use Water Cooler industries?
What are deals, income, and value examination by types and utilizations of the market?
What are deals, income, and value examination by areas of enterprises?

For More Insights Get Detailed TOC at https://www.databridgemarketresearch.com/toc/?dbmr=global-point-of-use-water-cooler-market

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