Water Coolers Market Size, Share & Trends Analysis Report by Product, by End-user, by Distribution Channel, and by Geography, Forecasts, 2020 - 2024

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the water coolers market and it is poised to grow by USD 562.53 million during 2020-2024, progressing at a CAGR of over 6% 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.

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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the water coolers market. The market growth in 2020 is likely to increase compared to the market growth in 2019.

Frequently Asked Questions-

• Based on segmentation by product, which is the leading segment in the market?

• The bottled water coolers are expected to be the leading segment based on product in the global market during the forecast period.

• What are the major trends in the market?

• Brand loyalty among customers is one of the major trends in the market.

• At what rate is the market projected to grow?

• Growing at a CAGR of over 6%, the incremental growth of the market is anticipated to be USD 562.53 million.

• Who are the top players in the market?

• Blue Star Ltd., Breville Group Ltd., Carrier Global Corp., Electrolux AB, Honeywell International Inc., KENT RO Systems Ltd., Qingdao Haier Co. Ltd., Voltas Ltd., Waterlogic Holdings Ltd., and Whirlpool Corp. are some of the major market participants.

• What are the key market drivers and challenges?

• Product premiumization due to innovation and portfolio extension is one of the major factors driving the market. However, the increasing pressure due to regulatory compliance restraints the market growth.

• How big is the APAC market?

• The APAC region will contribute to 37% of market growth.

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Global Portable Coolers Market: The portable coolers market size has the potential to grow by USD 5.17 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period. To get extensive research insights: Click and Get FREE Sample Report in Minutes!

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Blue Star Ltd., Breville Group Ltd., Carrier Global Corp., Electrolux AB, Honeywell International Inc., KENT RO Systems Ltd., Qingdao Haier Co. Ltd., Voltas Ltd., Waterlogic Holdings Ltd., and Whirlpool Corp. are some of the major market participants. The product premiumization due to innovation and portfolio extension will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this water coolers market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Water Coolers Market 2020-2024: Segmentation

Water Coolers Market is segmented as below:

• Product
  • Bottled Water Coolers
  • Plumbed-in Water Coolers
• End-user
  • Commercial
  • Residential
• Distribution channel
  • Offline
  • Online
• Geography
  • Europe
  • North America
  • APAC
  • South America
  • MEA

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43488

Water Coolers Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The water coolers market report covers the following areas:

• Water Coolers Market Size
• Water Coolers Market Trends
• Water Coolers Market Analysis

This study identifies brand loyalty among customers as one of the prime reasons driving the water coolers market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Water Coolers Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• 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

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019-2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Bottled water coolers - Market size and forecast 2019-2024
• Plumbed-in water coolers - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by End-user

• Market segments
• Comparison by End user
• Commercial - Market size and forecast 2019-2024
• Residential - Market size and forecast 2019-2024
• Market opportunity by End user

Market Segmentation by Distribution channel

• Market segments
• Comparison by Distribution channel
• Offline - Market size and forecast 2019-2024
• Online - Market size and forecast 2019-2024
• Market opportunity by Distribution channel

Customer landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Volume drivers – Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Blue Star Ltd.
• Breville Group Ltd.
• Carrier Global Corp.
• Electrolux AB
• Honeywell International Inc.
• KENT RO Systems Ltd.
• Qingdao Haier Co. Ltd.
• Voltas Ltd.
• Waterlogic Holdings Ltd.
• Whirlpool Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

   

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