The bottled water cooler is an effective, durable, and reliable device that dispenses water for consumers that do not have access to the mains water. The bottled water cooler has detachable bottles which can be purchased separately once the water has been finished. Bottled water cooler provides refrigeration to produce cold water; however, some other bottled water coolers dispense lukewarm, and even hot water.
The bottled water cooler is both used in residential as well as commercial purposes of providing the consumers with clean drinking facility. The market for bottled water cooler is anticipated to increase over the forecast period owing to the consumers demand for a clean and hygienic purification system.
The market for bottled water cooler is witnessing a growing demand due to three factors. First, is the awareness among consumers about the importance of clean drinking water, secondly, increase in per capita spending of consumers, and the third is the growing advancement in water treatment facility with reducing prices.
Global Bottled Water Cooler market: Market Participants:
The key market participants identified across the value chain of the global bottled water cooler market are:
- The WCD Group
- AquAid Franchising Limited
- Eden Springs
- Water logic
- Blue Star
- and Culligan.
Opportunities for Bottled Water Cooler market:
The bottled water cooler market is expected to capture excellent market opportunity in developing regions like the Asia Pacific, and the Middle East owing to the increasing awareness regarding health and wellness among consumers. The consumers in these regions are getting aware of the health adversities caused by unhealthy water and thus are adopting water purifying methods. Besides, the increasing per capita disposable income of consumers in these regions is providing thrust to the market of the bottled water cooler.
The need for durable, and efficient water purifying technology is increasing in the areas which are getting saline water to drink, the consumers in these regions are rapidly adopting convenient and efficient water coolers for proper drinking water. The bottled water cooler is also finding increasing opportunity in corporate and industrial sectors, as companies and industries need to provide sanitary drinking water to the employees, and workers and thus are installing cost-efficient bottled water coolers.