Asia-Pacific water dispenser market is anticipated to showcase a CAGR of 8.0% during the forecast period. The growing urbanization in the region is anticipated to drive the growth of the water dispenser market in the Asia-Pacific region. According to the World Economic Forum, India, China and Nigeria are together anticipated to hold for 35% of the projected growth in the urban population across the globe until 2050. Out of these three countries, the absolute growth in the urban population is expected to exhibit the highest in India. The growth in the Indian real estate and infrastructure industry is the key contributor to this high growth of urbanization.
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The rising level of disposable income, availability of a huge variety of function-specific water dispensers in the market along with growing demand for clean drinking water are the key factors driving the market growth. High awareness among the population regarding the use of RO &UV purified water purifiers is a key factor contributing to the high share of the water dispenser market in the region. The presence of a huge population base along with the government measures to promote the adoption of the water dispensers in the region is again promoting the growth of the regional market.
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Market Coverage
- The market number available for – 2019-2026
- Base year- 2019
- Forecast period- 2020-2026
- Segment Covered- By Product Type, Design Type, End-User Type
- Regions Covered- Asia-Pacific
- Competitive Landscape- Voltas Ltd., Blue Star Ltd., A.K. System Engineers Pvt. Ltd., Kent RO System Ltd., and Veeline Media Ltd.
Key questions addressed by the report
- What is the market growth rate?
- Which segment/region dominates the market in the base year?
- Which segment/region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Asia-Pacific Water Dispenser Market report Segment
By Product Type
- Bottled
- Bottle-less
By Design Type
- Freestanding Water Dispenser
- Wall Mounted Water Dispenser
- Tabletop Water Dispenser
- Direct Piping Water Dispenser
- Bottom Mounted Water Dispenser
By End-User
- Residential
- Commercial
This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.
