LONDON--(BUSINESS WIRE)--According to the latest market research report released by Technavio, the global hot and cold water dispensers market is expected to accelerate at a CAGR close to 9% during the forecast period. The easy access to hot and cold water to encourage higher consumption is one of the key factors triggering the growth of the market.
This research report titled ‘Global Hot and Cold Water Dispensers Market 2018-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global hot and cold water dispensers market into the following products:
The bottled hot and cold water dispensers segment had a market share of 66% in 2017 and is expected to decline to 65% by 2022, thus displaying a 1.55% decrease in market share.
Global hot and cold water dispensers market: Top emerging trend
Adoption of energy-efficient hot and cold water dispensers is an emerging trend in the home, kitchen, and large appliances space. With several manufacturers coming out with energy-efficient products, the demand for energy-efficient electronic appliances, including hot and cold water dispensers is increasing. Moreover, different energy departments set diverse appliance standards to which the competitors comply, making them competent in developing new and more energy efficient electronic appliances. Such practices not only conserve energy but also drives the overall energy efficient appliances including hot and cold water dispensers industry.
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Technavio’s report provides expert market research on the following topics:
- Market Outline
- Global Hot and Cold Water Dispensers Market Overview
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (bottled and plumbed-in)
- Market segmentation by end-user (commercial users and residential users)
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Angel Springs, CELLI, Culligan, Haier, Honeywell International, Voltas)
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