Data Bridge Market research has recently released expansive research titled "Global Point-of-Use Water Cooler Market" guarantees you will remain better informed than your competition. This study provides the broader perspective of the market place with its comprehensive market insights and analysis which eases surviving and succeeding in the market. Point-of-Use Water Cooler market research report is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles. In addition, businesses can gain insights into profit growth and sustainability programme with this report. Business intelligence is an essential aspect when it comes to accomplish thorough and wide-ranging market insights and the same is applied for producing Point-of-Use Water Cooler market 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.
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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
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REPORT METRIC |
DETAILS |
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Forecast Period |
2023 to 2030 |
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Base Year |
2022 |
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Historic Years |
2021 (Customizable to 2015 - 2020) |
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Quantitative Units |
Revenue in USD Million, Volumes in Units, Pricing in USD |
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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) |
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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 |
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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) |
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Market Opportunities |
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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.
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Point-of-Use Water Cooler Market, By Region:
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.
Reasons to Consider This Report:
- Save the time and resources required for entry level research by getting an insight into the leading players and segments of global Point-of-Use Water Cooler market.
- The report highlights key business priorities which will help companies to reform their business strategies and establish themselves in the global market.
- The key findings and recommendations given in the report emphasize on crucial progressive industry trends in the Point-of-Use Water Cooler Market thereby enabling players to develop effective long term strategies in order to garner their market revenue.
- Gain crucial insights into global market trends and outlook and the factors driving and hindering market growth.
- 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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Queries Resolved In This Report:
- Which will be the specialties at which Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set a nearness?
- Which will be the foreseen development rates for your own economy out and out and furthermore for each portion inside?
- Which will be the application and sorts and estimate joined intently by makers?
- What will be the dangers that will attack growth?
- The length of the global market opportunity?
- How does Market share advance vacillations their value from various assembling brands?
Table of Contents: Global Point-of-Use Water Cooler Market
Introduction
Market Segmentation
Executive Summary
Premium Insight
Market Overview
Covid-19 Impact on Point-of-Use Water Coolerin Healthcare Industry
Global Point-of-Use Water Cooler Market, by Product Type
Global Point-of-Use Water Cooler Market, by Modality
Global Point-of-Use Water Cooler Market, by Type
Global Point-of-Use Water Cooler Market, by Mode
Global Point-of-Use Water Cooler Market, by End User
Global Point-of-Use Water Cooler Market, by Geography
Global Point-of-Use Water Cooler Market, Company Landscape
Swot Analysis
Company Profiles
Questionnaire
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Check Complete Table of Contents with List of Table and Figures @ https://www.databridgemarketresearch.com/toc/?dbmr=global-point-of-use-water-cooler-market
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