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 transfo...