What is Mini Water Dispenser Market?
A mini water dispenser is a machine that cools or heats up and dispenses water with a refrigeration unit. It is commonly located near the restroom due to closer access to plumbing. Water dispensers come in a variety of form factors ranging from wall-mounted, floor-mounted, and table top-mounted, etc. These dispensers come up with a refrigeration system and also have a second dispenser which provides hot water or normal water to be used for coffee, tea, or other purposes. These dispensers remove the need for maintenance in the purifiers.
The market study is being classified by Type (Bottled and Plumbed-in), by Application (Residential and Commercial) and major geographies with country level break-up.
Yuyao Koko International Trading Co., Ltd. (China), Zhongshan Wanao Mould Products Co., Ltd. (China), Ningbo Homaster Electrical Appliances Co., Ltd. (China), Shenzhen ES AQUA Co., Ltd (China), Ningbo Blue Pluser Appliance Co., Ltd (China), A K System Engineers Pvt Ltd (United Kingdom), Voltas (India), Daikin Industries, Ltd. (Japan), Acrokool (United Kingdom) and Waterlogic Holdings Limited (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are SK Water Solution & Refrigeration (India), Apex technology (India), Shree Enterprises (India), Emperia Energy Pvt Ltd (India) and Perfect Air Conditioning Trading Company (India).
The market for the mini water dispenser is fragmented with the presence of many players. Leading players can adopt strategies like a merger, acquisition, expansion, new product launch, in order to gain share within the market. Owing to booming industrialization & urbanization, there are growing prospects for new players to enter the market.The Vendors having a strong hold in the market are Yuyao Koko International Trading Co., Ltd. and Zhongshan Wanao Mould Products Co., Ltd.. Research Analyst at AMA predicts that Asian Vendors will contribute to the maximum growth of Global Mini Water Dispenser market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Mini Water Dispenser market by Type, Application and Region.
On the basis of geography, the market of Mini Water Dispenser has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- The Decreasing Quality of Drinking Water in Residential Areas Leads to the Growth in Mini Water Dispenser
- Government Initiatives for Healthy Drinking Water Such As “Water ATM” Lead to the Growth In Mini Water Dispenser
Market Trend
- The Use of Plumbed-In Mini Water Dispenser Is Increasing
- Technology Such As RO (Reverse Osmosis) +UV (Ultra Violet) +UF (Ultra Filtration) Helps In the Growth of Mini Water Dispenser Market
Restraints
- The Filters in Mini Water Dispensers Must Be Cleaned Regularly and Replaced By Time Otherwise May Cause Harmful Diseases
Opportunities
- The Advancement Such As Coffee Brewing and Fridges Helps to Boost the Mini Water Dispenser Market Upward
Challenges
- Regular Flow of Electricity Require To Perform Hot and Cold Function Efficiently
Key Target Audience
Mini Water Dispenser Manufacturers, New Entrants/Investors, Analysts And Strategic Business Planners And Providers, Raw Material Suppliers, Dealers, Suppliers, Traders, And Distributors, Venture Capitalists And Private Equity Firms and Government Regulatory And Research Organizations