Water Cooler Market Size, Share, Global Analysis and Industry Forecast to 2027

IMARC Group’s latest research report, titled “Water Cooler Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

The global water cooler market size reached US$ 2.41 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.47 Billion by 2027, exhibiting a CAGR of 6.10% during 2022-2027.

Water coolers refer to electronic containers that dispense drinking water at hot or cool temperatures. They are extensively available in various types, such as countertop, bottled, and under sink chillers. Water coolers operate on the principle of vapor compression refrigeration cycle, which consists of a condenser, evaporator, compressor, and expansion valve. The high-pressure refrigerant pours through a heat exchanger, where it is condensed to transform the liquid into a gas by absorbing heat to provide cool or hot water. These containers assist in filtering impurities and maintaining the water quality at cost-effective rates. As a result, water coolers find widespread applications across commercial and residential establishments. 

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Important Attribute and highlights of the Report:

§  Detailed analysis of the global market share

§  Market Segmentation product type, distribution channel, application and region.

§  Historical, current, and projected size of the market in terms of volume and value

§  Latest industry trends and developments

§  Competitive Landscape for Water Cooler Market

§  Strategies of major players and product offerings

The escalating product demand across several industrial verticals, including commercial, residential, hospitality, healthcare, public, etc., is among the primary factors driving the water cooler market. Besides this, the increasing consumer awareness towards the benefits of these containers, such as portability, energy-efficiency, minimal maintenance costs, easy usage, and flexible dispensers with hot and cold supply technology, is further augmenting the market growth. Apart from this, the introduction of multi-purpose and bottle-less water coolers in various organizations and educational institutions, owing to their purification, highly certified filtration, and antimicrobial services, is also catalyzing the global market. Moreover, the development of contactless usage of these containers, on account of the sudden outbreak of the COVID-19 pandemic across countries, is anticipated to propel the water cooler market over the forecasted period.

Water Cooler Market Report Scope
Report Coverage	Details
Market size value in 2021	US$ 2.41 Billion
Market forecast in 2027	US$ 3.47 Billion
Growth Rate	CAGR of 6.10% from 2022 to 2027
Base year for estimation	2021
Historical data	2016-2021
Forecast period	2022-2027

Key Players Included in Global Research Report:

• AB Electrolux
• Avalon Water Coolers
• Blue Star Limited
• Breville Group Limited
• Brio Water Technology Inc.
• Clover Co. Ltd.
• Honeywell International Inc.
• Primo Water Corporation
• Rockwell Industries Limited
• Voltas Limited (Tata Group)
• Waterlogic Plc
• Whirlpool Corporation.

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COVID-19 Impact Overview:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Market Segmentation:

Breakup by Product Type:

• Bottled Water Cooler
• Bottle-less Water Cooler 
• Top Load Water Cooler

Breakup by Distribution Channel:

• Offline 
• Online

Breakup by Application:

• Commercial
• Residential 

Breakup by Region:

• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa

TOC for the Water Cooler Market Research Report:

• Preface
• Scope and Methodology
• Executive Summary
• Introduction
• Global Water Cooler Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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