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Water Dispenser Market Share

Report ID: GMI7807
Published Date: Jan 2024
Report Format: PDF

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Water Dispenser Market Share

In 2023, dominant market players, including Honeywell International inc., Whirlpool Corporation, Primo Water Corporation, A.O. Smith Corporation collectively held a total of 36% market share. Industry leaders in this market are aggressively pursuing strategic initiatives to stay ahead of the curve. These initiatives include mergers and acquisitions, facility expansions, and strategic partnerships, all aimed at expanding product portfolios, reaching new customers, and solidifying market presence.

Water Dispenser Market Companies

Major players operating in the Water Dispenser industry include:

Honeywell International inc.
Whirlpool Corporation
Primo Water Corporation
A.O. Smith Corporation

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The water dispenser market was valued at USD 2.75 billion in 2023 and is anticipated to register a CAGR of over 4.8% between 2024 and 2032, supported by the growing awareness of the health benefits associated with proper hydration.

In 2023, the countertop segment captured the largest share at 41.4%, generating a revenue of 1.13 billion USD, attributed to its versatility and convenience, making it suitable for a wide range of settings, including homes, offices, and smaller commercial spaces.

Asia Pacific market is anticipated to witness a strong CAGR of 5.1% from 2024 to 2032, driven by the escalating demand for water purification sources and appliances, particularly in countries like China and India.

Honeywell International inc., Whirlpool Corporation, Primo Water Corporation, and A.O. Smith Corporation among others.