Water Dispenser Market is expected to grow at a CAGR of 8.9% from 2022 to 2030
Water Dispenser Industry Overview The global Water Dispenser Market is expected to reach USD 5.34 billion by 2030, expanding at a CAGR of 8.9% during the forecast period, according to a new report by Grand View Research, Inc. The market growth is largely driven by the demand for water dispensers with characteristics such as portability, easy usage and installation process, and minimal maintenance costs. Water Dispenser Market Segmentation For this study, Grand View Research has segmented the water dispenser market based on product, application, end-use, distribution channel and region: Based on the Product Insights , the market is segmented into Bottled and Bottle-less. The bottled product segment accounted for more than 70% of the market in 2021 and is expected to remain dominant throughout the forecast years. The primary factor driving the segment is the rising demand for bottled water . Furthermore, lower initial costs, as well as ease of installation a...