LONDON--(BUSINESS WIRE)--Technavio has been monitoring the water coolers market and it is poised to grow by USD 582.53 mn during 2019-2023, progressing at a CAGR of 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
Increasing demand from the residential sector has been instrumental in driving the growth of the market. However, increased adoption of substitute products might hamper market growth. Request a free sample report
Water Coolers Market 2019-2023: Segmentation
Water Coolers Market is segmented as below:
- Bottled Water Coolers
- Plumbed-in Water Coolers
- North America
- South America
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Water Coolers Market 2019-2023: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our water coolers market report covers the following areas:
- Water Coolers Market size
- Water Coolers Market trends
- Water Coolers Market industry analysis
This study identifies introduction of multi-purpose water coolers as one of the prime reasons driving the water coolers market growth during the next few years.
Water Coolers Market 2019-2023: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the water coolers market, including some of the vendors such as Blue Star Ltd., Breville Group Ltd., Electrolux AB, Honeywell International Inc., Qingdao Haier Co. Ltd., United Technologies Corp., Voltas Ltd., Water Wellbeing Ltd., Waterlogic Group Holdings Ltd. and Whirlpool Corp. Backed with competitive intelligence and benchmarking, our research reports on the water coolers market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Water Coolers Market 2019-2023: Key Highlights
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will assist water coolers market growth during the next five years
- Estimation of the water coolers market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the water coolers market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of water coolers market vendors
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